Today's headlines

The West Australian business news

No clash on iron ore grab
Cazaly chief Nathan McMahon denied any conflict of interest over tenement peggings activities. There is also a follow up to the WA Business News' Daily Business Alert interview with Maincoast Pty Ltd director Peter Symonds yesterday.

Hancock kin share Rio $37m
A story on the annual reports from the Hancock and Wright empires.

Wilkinson to leave AWS in new setback for wool
Ex-David Jones chief Peter Wilkinson steps down as head of Australian Wool Services.

Chemeq seeks partner for a push into Europe
Report on Chemeq's AGM with the company seeking an international pharmaceutical partner.

Strong demand drives new gas pipe expansion
Owners of Dampier-to-Bunbury pipeline look to bring forward $1 billion expansion.

Markets: Kiernan to be face of merged gold entity
Andrew Forrest says Michael Kiernan will head merged gold companies Monarch and Siberia.

Main Stories in today's Australian newspapers

THE AUSTRALIAN

Page 1 - Former partner pursuing a claim against Pricewaterhouse Coopers over allegations of sexual harassment, discrimination and victimisation; Australia will record a 195,000 shortfall in workers over the next five years.

Page 2 - Treasurer Peter Costello wants his next budget to include further cuts to personal income tax.

Finance - The ACCC has begun an inquiry into the fall of Heritage Fine Wines, which crashed in April leaving $11 million worth of investors' wine unaccounted for.

THE AUSTRALIAN FINANCIAL REVIEW

Page 1 - The federal government has proposed slashing the tax laws by one-third, but business says its not enough; the Queensland Nationals crossed the floor of state parliament yesterday to vote with the Labor government to reject the federal government's workplace reform.

Page 3 - Online betting exchange Betfair will be licensed to operate in Australia by the Tasmanian government.

Companies - Catalyst Investment and CHAMP have bought Miller's and Warehouse Group.