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AUSTRALIAN NEWSPAPER HIGHLIGHTS - SEPT 1, 2008.

AsiaPulse News

| September 01, 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, Sept 1 Asia Pulse - Highlights of today's newspapers:

THE AUSTRALIAN FINANCIAL REVIEW:

- The Reserve Bank is odds-on to cut interest rates for the first time in six-and-a-half years.

- The Rudd government has cleared the way for tougher takeover laws.

- This week's rate cut will be the first of what is likely to be a two- or three-step reduction in interest rates over the next few months.

- John McCain's choice of Alaska governor Sarah Palin as running mate has drawn mixed notices from a sceptical political class.

- The prospect of imminent interest rate cuts is leading analysts to upgrade their forecasts for a batch of previously unloved stocks.

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