NSW: The main stories in today's newspapers=4

AAP General News (Australia)
12-04-2001
NSW: The main stories in today's newspapers=4

THE AUSTRALIAN FINANCIAL REVIEW

Page 1: Insurance regulator failed to detect signals warning of HIH Insurance collapse,
royal commission told; Retail spending bounced back in October; Enron crash expected to
hit Australian energy markets; Afghan leaders close to filling key positions in an interim
government.

Page 3: Coalition faces hostile Senate, with it being four seats short of majority;
Live sheep exporters say they're facing a crisis in finding enough sheep to meet Middle
Eastern demand; Federal Court rules mass marketed tax schemes not within legislative intention
of tax law.

World: US signals key role for its troops around Kandahar. Ariana Afghan Airlines no
longer has flight operations.

Companies: Austar to announce major restructure; AOL Time Warner in talks with Australian
Consolidated Press to restructure a joint venture; Normandy Mining Ltd tells shareholders
not to accept AngloGold's revised bid.

Markets: Fallout from Enron collapse shakes Australian market but resources and insurers
lifted; Reserve Bank likely to deliver 25 basis points rate cut.

AAP sal/was

KEYWORD: FRONTERS NSW 4 SYDNEY

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