IT was a rock album conceived by accident that no one thought would succeed, even though it was made by some of the biggest names of their time. Roving the packs THE knives are out. And Channel 7 is bleeding over ongoing attacks over its footy coverage.
Augie the top doggie MELBOURNE rock band Augie March took home the song of the year gong at Australia's top songwriting awards last night. NICK Nolte she ain't. Paris Hilton has pulled off the ultimate celebrity challenge after her entry to prison - a picture perfect mugshot.
PARIS Hilton is coping with an "unjust, unfair" sentence alone in a tiny cell 23 hours a day, her lawyer said yesterday after visiting the heiress. THE Australian dollar has ended almost three-quarters of a US cent higher, after stronger-than-expected growth numbers powered it to a 17-year high. AUSTRALIANS' tax bill totalled $103.
6 billion in 2004-05, with work-related expenses the most common type of tax deduction, new figures show. THE Australian stock market closed weaker today as the local market struggled to gain its footing after a weak lead from New York. Telstra to axe thousands more TELSTRA has warned it plans to shut hundreds more call centres, costing thousands of jobs.
Rates to stay on hold: experts INTEREST rates have been kept on hold, with the Reserve Bank of Australia expected to maintain its interest rate position for the remainder of the year. Top firms don't measure up LESS than half of Australia's top 300 public companies are toeing the line set by the stock exchange's corporate governance guidelines. THRIVING wind and biomass energy businesses that pump billions of dollars into the economy are at risk, the renewables sector peak body has warned.
Telstra to axe another 500 TELSTRA is well on the way to hitting its target of 12,000 job cuts by 2010, revealing plans yesterday to slash a further 500 positions as it consolidates its call centres. Uranium is running hot THE price of uranium - already up 85% since January - could reach $US200 a pound within two years, according to Australian securities firm, Macquarie. Assurances for Dow RUPERT Murdoch has described talks with key members of the Bancroft family as constructive as he tries to clinch the $6 billion takeover of Dow Jones.
Big bite for biofuel supplier SHARES in Australian Renewable Fuels jumped 19.5 per cent yesterday after the company announced a huge biofuel deal with Caltex Australia. Murdoch Jr takes new media stake LACHLAN Murdoch has shown a growing penchant for new media, taking a strategic stake in digital media company Destra Corporation.
Lucrative sell-off at Bunnings BUNNINGS has reaped $203 million from the sale of an 11-store portfolio. Pointer to recovery in housing A STRONGER than expected rise in building approvals could be the foundation of a housing sector recovery, economists say. THE Australian economy is surging ahead and growth can be expected to pick up even more this year, Treasurer Peter Costello said today.
Rates stay on hold THE central bank has left interest rates unchanged for another month after yesterday's monthly board meeting, a decision that was widely expected given recent benign inflation readings. Black wants Radler back in court FORMER Hollinger International chairman Conrad Black has asked a judge the chief prosecution witness at Lord Black's fraud trial to return to the stand. MALCOLM Turnbull has made some utterly basic but absolutely important points about climate change policy, IT was a rock album conceived by accident that no one thought would succeed, even though it was made by some of the biggest names of their time.
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