10/10/2007 - 07:26

Today's 7.30am headlines

10/10/2007 - 07:26

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CCC says Burke and Grill did nothing illegal; Evans & Tate may have been insolvent before calling administrators; Howard and Brumby give Pratt support; Health Care attacks on Healthscope takeover plans for Symbion; Kintyre deposit in bidding war.

The WA Corruption and Crime Commission has found that lobbyists Brian Burke and Julian Grill did nothing illegal in trying to influence local council approvals for developments at Smiths Beach in south east WA. The West

Margaret River winemaker Evans & Tate may have been insolvent before calling in administrators in August according to a report sent to creditors yesterday. The West

Billionaire cardboard businessman Richard Pratt has received glowing endorsements from John Howard and Victorian Premier John Brumby despite admitting Visy Board's involvement in illegal price fixing. The Australian

Symbion's biggest investor and alternative suitor, Primary Health Care, has launched another attack on Healthscope's takeover plans for Symbion, saying its latest proposal is neither attractive nor executable for shareholders. The Age

A bidding war is set to break out for Rio Tinto's Kintyre uranium deposit in Western Australia between several local and Canadian buyers. Adelaide Advertiser

 

THE WEST AUSTRALIAN

Page 1: The WA Corruption and Crime Commission has found that lobbyists Brian Burke and Julian Grill did nothing illegal in trying to influence local council approvals for developments at Smiths Beach in south east WA.

Page 3: WA has been branded as a state of workaholics, with new statistics showing the tradition of the 38-hour working week is over with full time wage earners outing in an average 46 hours a week and as a mnay as 70 hours in some areas.

Page 4: WA homeowners are increasingly likely to be hit with higher interest rates, regardless of who wins the federal election.

Business: Margaret River winemaker Evans & Tate may have been insolvent before calling in administrators in August according to a report sent to creditors yesterday.

Macmahon Holdings is expected to capitulate to demands from Leighton Holdings and offer a Leighton director a berth on its board this week, two months after management rebuffed an approach from Australia's largest contractor to take a 30 per cent stake and form an alliance.

Uranium stocks have soared back into favour, four months after the bubble of one of the hottest mining booms appeared to have burst.

Company promoter David Evans has taken advantage of a resurgent share price at explorer Chameleon Mining to replenish his coffers, which were battered this year by a high profile run-in with Arab authorities.

A massive campaign will get underway today to encourage the Coles empire's army of nearly 330,000 shareholders to cast a vote on Wesfarmers' $19 billion offer.

Interest from WA investors in getting a slice of eastern Europe's oil an gas sector has prompted a Sydney boutique fund manager to fast-track a new fund which will concentrate on mining and resources stocks in the region.


STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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