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AUSTRALIAN NEWSPAPER HIGHLIGHTS - MARCH 3, 2008.

AsiaPulse News

| March 03, 2008 | COPYRIGHT 2008 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SYDNEY, March 3 Asia Pulse - Highlights of today's newspapers:

THE AUSTRALIAN FINANCIAL REVIEW:

- Earnings growth expectations have been slashed by more than half. Allco Finance Group's key deal makers have lost $250 million raised from the public.

- The federal government is expected to sign off on a -million strategy to combat climate change in vulnerable Pacific Islnd nations.

- Auditors and trustees are failing to understand their basic legal obligations following an ATO blitz on self-managed superannuation funds.

- A combination of woeful economic reports and bad corporate earnings rattled Wall Street traders on Friday.

- The world's most famous investor has warned US policymakers they need to reduce the country's $2-billion-a-day trade deficit.

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Source: HighBeam Research, AUSTRALIAN NEWSPAPER HIGHLIGHTS - MARCH 3, 2008.

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