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SYDNEY, Aug 1 Asia Pulse - Highlights of today's newspapers:
THE AUSTRALIAN FINANCIAL REVIEW:
- Surprisingly weak retail sales and credit growth has spurred speculation that the Reserve Bank may begin to cut official interest rates by the end of the year.
- The struggling boat industry has pinned its hopes on strong showings at the nation's annual boat shows.
- Banking and finance executives have told the Rudd government it must go well beyond its $630 million cut to withholding tax.
- An upbeat end to yesterday's session wasn't enough to secure a positive result for the Australian sharemarket in July.
THE AUSTRALIAN: