THE WEST AUSTRALIAN (BUSINESS NEWS HEADLINES)
Rio takeover too good to dismiss: analysts
Analysts have not ruled out a $120 billion-plus takeover offer emerging for Rio Tinto despite the miner's efforts to hose down frenzied talk that a bid is imminent.
Budget increases attraction of long-term tree plantations
Shares in forestry investment management companies rallied yesterday as they welcomed long-awaited changes to tax rules that will allow investors to trade their illiquid woodlots once they have owned them for four years.
Program fears prompt warning from Sunraysia
Sunraysia, the owner of loss-making Channel 9 Perth, has warned it may not be able to enter into a new program supply agreement with PBL Media's Nine Network, throwing into doubt "future cash flows."
THE WEST AUSTRALIAN (GENERAL NEWS HEADLINES)
Rudd shows signs of AWA backdown
Kevin Rudd yesterday showed the first signs of caving in over his opposition to Australian Workplace Agreements, saying he would not rule out allowing some form of individual agreements in the mining industry.
Cottesloe told to lift limits on high rises
WA's highest planning authority had demanded Cottesloe Council drop its 12m height restriction along the beach to allow five storeys or 21m-high buildings to conform with State Government coastal planning policy.
Carpenter bullied watchdog: Omodei
Alan Carpenter tried to bully the State's public sector watchdog after she accused his government of undermining the independence of the public service, the Opposition said yesterday.
