NSW: Main stories in today's Sydney newspapers

AAP General News (Australia)
08-06-2008
NSW: Main stories in today's Sydney newspapers

THE AUSTRALIAN:

Page 1: The Reserve Bank has changed course by flagging a cut in interest rates, most
likely next month, in response to a rapidly slowing economy; Peter Costello will reportedly
not challenge Brendan Nelson for the Liberal leadership but may agree to a "friendly takeover"

if the opposition leader opted to stand aside.

Page 2: Australia's multi-billion dollar family payments system, including the Baby
Bonus, has made only a modest contribution to increasing the birth rate.

Page 3: The Australian Federal Police has bowed to intense pressure for a public explanation
of last year's botched investigation into Mohamed Haneef, and will provide an uncensored
version of its submission to the Clarke inquiry.

World: (BAGHDAD) The anti-American Shia cleric Moqtada al-Sadr is to disarm his once
feared militia and remake it as a social services organisation.

Finance: Indications that interest rates may have peaked trigger a promising rebound
in the Australian share market.

Sport: Alan Didak will be sacked from AFL club Collingwood following his role in drink
drive car accident, while two other players face suspensions.

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KEYWORD: MONITOR FRONTERS NSW 3 SYDNEY

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