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

AAP General News (Australia)
08-30-2001
NSW: Main stories in today's Sydney newspapers=4

THE AUSTRALIAN FINANCIAL REVIEW

Page 1 - Government in talks with ALP to avert legal crisis in its attempts to turn
away 438 asylum seekers. Telstra Corp takes $1 billion hit on Asian mobile investment
taking gloss off $4.1 billion record profit. PC chain Gateway abandons Australian market.

Page 3 - NSW Grains Board's losses blow out to $160 million, corruption inquiry told.

Ted Turner looks to ensure Goodwill Games in Brisbane are not the last. Australia set
to record second quarter of economic growth of about one per cent.

World - New surveys show Americans are less confident as consumers and less bullish
as stockmarket investors. Japanese bank shares pummelled, dragging stock market below
11,000 for first time since 1984. International Monetary Fund cuts forecast for world
economic growth.

Companies - Gold miner Newcrest Mining Ltd ends financial year with strengthened balance
sheet. Goldfields Ltd demonstrates it would be ideal in possible marriage with Delta Gold.

Markets - Well-received Telstra result fails to lift Australian sharemarket. Financial
markets no longer react to trends in Australia's current account deficit.

AAP sal/apm

KEYWORD: FRONTERS NSW 4 SYDNEY

2001 AAP Information Services Pty Limited (AAP) or its Licensors.