Treasurer Ralph Willis said yesterday that rate cuts are still possible, however his view differed from that of Reserve Bank Governor, Bernie Fraser..
Political:
An interesting observation by Leader of the Opposition, John Howard, about PM, Paul Keating, yesterday: "Paul Keating has done more than anyone else to
replace responsibility and accountability in public life with the ugly politics of payback, punishment and penalty."
Business:
Production capacity at Mt Isa Mines (MIM) is starting to return to normal. The troubled mining giant faced a traumatic period of industrial and labour disputes at its main mine.
Sport:
The Kangaroos win at the World Rugby Cup final has silenced their critics. England probably blew their best chance of ever beating the Australians as the cream of
Australian Rugby League talent had been overlooked in the world cup series because of their defection to Rupert Murdoch's Superleague.
Social:
A report has shown that Australian women are progressively taking over the male dominated role as breadwinners in the family unit.
Personal trivia:
It is a beautiful sunny day, it now gets light before 5am in the morning and the grassy slopes opposite us have a glorious covering of spring green blanketing every
nook and cranny. I went down to look at the lillys on the river banks yesterday. They have the most glorious, complex white floral heads which stand out against the dark green of their
waxy foliage like pearls in a jewellry box. Return to Australian National News of the Day