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AUSTRALIAN NEWSPAPER HIGHLIGHTS - MAY 13, 2008.

Publication: AsiaPulse News

Publication Date: 13-MAY-08
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COPYRIGHT 2008 Asia Pulse Pty Ltd

SYDNEY, May 13 Asia Pulse - Highlights of today's newspapers:

THE AUSTRALIAN FINANCIAL REVIEW:

- Billions in federal funding to the states will be kept out of tonight's budget in the form of newly-reformed payments that will not come into force until at least January.

- Home loan approvals have dropped as high interest rates and economic uncertainty encourage the wary to postpone their house-buying plans.

- A...

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