NSW: Main stories in today's Sydney newspapers= 4

AAP General News (Australia)
08-17-2006
NSW: Main stories in today's Sydney newspapers= 4

THE AUSTRALIAN FINANCIAL REVIEW:

Page 1: Rising interest rates and high petrol prices trigger a slump in consumer confidence;
The federal government is seeking urgent meetings with partners in the $9 billion project
to produce gas in PNG and pump it to Australia; Fallen icon Lend Lease strikes back; Woodside
Petroleum will ramp up production by 40 per cent over the remainder of the year to capitalise
on soaring demand for its products.

Page 3: The federal government is planning to go ahead with the sale of Adelaide shipbuilder
ASC by the second half of 2008.

World: The US Federal Reserve's decision to pause in its two-year policy of higher
interest rates may have been vindicated by a surprising drop in wholesale prices and yet
more dour news from the housing market.

Markets: The Australian sharemarket shrugs aside a drop in consumer confidence and
returns to positive territory.

AAP tr/ks

KEYWORD: MONITOR FRONTERS NSW 4 SYDNEY

) 2006 AAP Information Services Pty Limited (AAP) or its Licensors.