NSW: Main stories in today s Sydney papers = 4

AAP General News (Australia)
08-07-1999
NSW: Main stories in today s Sydney papers = 4

THE AUSTRALIAN FINANCIAL REVIEW

Page 1: Index

Page 2: NSW government comes to rescue of Museum of Contemporay Art with $750,000 package.

Page 3: Queensland Premier Peter Beattie struggles to deflect charges he played central
role in net bet affair; Macquarie Bank executive Simon Hannes found guilty of illegally
structuring financial transactions, but jury unable to reach verdict on insider trading
charge; Federal opposistion leader Beazley plans changes to ALP's pre-selection rules.

Page 5: New capital gains regime expected to take effect immediately Ralph reform proposals
are announced.

World: Australia will be unable to boost its international credit rating until it cuts
reliance on foreign capital; Clinton vows to veto huge tax cuts; Malaysian industry buoyant as
stable currency pays off; Chinese leader's visit to Canberra proof of warmer relations.

Markets: Australian sharemarket cautious despite gains in the US market; Media giants end
tough week of sliding shares.

AAP cf/cdh

KEYWORD: FRONTERS NSW 4 SYDNEY

1999 AAP Information Services Pty Limited (AAP) or its Licensors.