AAP General News (Australia)
04-14-2000
NSW: Main stories in today s Sydney newspapers = 4
THE AUSTRALIAN FINANCIAL REVIEW
Page 1: One billion dollars was wiped from the value of listed technology shares in
another sell-off on the Australian sharemarket yesterday. Treasurer Peter Costello has
insisted he can still deliver a Budget surplus in 2000-01.
Page 3: A third of NSW businesses could face financial ruin after the Olympics because
they had not developed plans to protect cashflows, a business group has warned.
Page 5: Tax Commissioner Michael Carmody has rejected claims he was behind the rise
of former first assistant commissioner Nick Petroulias.
World: Chinese authorities are bracing themselves for a new wave of protests by Falun
Gong activists. Chinese President Jiang Zemin has refused to rule out the use of military
force against Taiwan.
Companies: North Ltd shares were unmoved despite speculation the company had made a
$1.2 billion bid for a Brazilian iron ore producer. News Corp may delay the planned public
float of its $US36 billion satellite vehicle.
Markets: The Australian share market has suffered one of its biggest one-day falls
of the year. Australian underwriters are confident several coming floats will proceed
despite the global sell-off in technology and Internet stocks.
AAP km/apm
KEYWORD: FRONTERS NSW 4 SYDNEY
2000 AAP Information Services Pty Limited (AAP) or its Licensors.
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