NSW: Main stories in today's Sydney newspapers=4

AAP General News (Australia)
02-15-2006
NSW: Main stories in today's Sydney newspapers=4

THE AUSTRALIAN FINANCIAL REVIEW:

Page 1: John Howard intervenes to try to save Australia's wheat exports to Iraq by
summoning AWB's executive chairman, Brendan Stewart, to a meeting at which he is expected
to urge Mr Stewart to allow rival grain companies to bypass the wheat exporter's monopoly;
Foster's Group predicts another wave of rationalisation in the wine sector and a deepening
of the price war at liquor retailing outlets as it struggles to generate adequate returns
from a $7 billion global wine expansion spree in the past five years; Queensland Premier
Peter Beattie has in effect declared war on Pacific National's Chris Corrigan and its
domination of rail freight routes with a well-timed $1 billion joint takeover of Australian
Railroad Group.

Page 3: The Film Finance Corporation will not fund any more films until after July
1, leaving film crews idle and movie producers fuming.

World: The US government is on the verge of one of the biggest giveaways of oil and
gas in American history, worth an estimate US$7 billion over five years; New Zealand retail
sales unexpectedly stalled in December as record-high interest rates crimped consumer
confidence, adding to signs that growth in the economy has slowed.

Markets: Bond holders in for the long haul are supposed to get fatter returns - but
that isn't happening and isn't likely to happen for the next year.

AAP dcr/hn

KEYWORD: MONITOR FRONTERS NSW 4 SYDNEY

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