AAP General News (Australia)
12-14-1998
NSW: Main stories in todays Sydney newspapers = 3
THE SYDNEY MORNING HERALD:
Page 1: Australias largest no-gap medical insurance scheme is on the verge of collapse,
with doctors and the fund locked in a dispute over money; More than 200 people were rescued on
Sydneys beaches yesterday; Sydney will get "P-plate" taxi drivers next year.
Page 2: Bondi residents and shop owners demand millions of dollars in compensation for the
expected eight months of disruption to Bondi Beach ahead of the Olympic beach volleyball
tournament.
Page 3: The coalminers union starts a 48-hour national strike to protest against coal
companies accepting a big cut in export prices for the Japanese market.
WORLD - South-East Asian leaders are set to approve an action plan to help tackle the
regional economic crisis (Hanoi).
FINANCE - Reserve Bank governor Ian Macfarlanes testimony to federal parliament will put
pressure on local financial markets; The ACCC launches an investigation into the owner of
Sydneys Sega World/Darling Walk complex; AMP management may start preparing a dual
sharemarket listing in the UK if the insurance giant succeeds in its takeover of GIO; The
Coca-Cola Company sends a shudder through Wall Street with a warning that the Asian economic
crisis would send its fourth-quarter earnings tumbling about 30 per cent.
SPORT - The Internationals beat the American golf team in the Presidents Cup.
MORE rat/ao
KEYWORD: FRONTERS NSW 3 SYDNEY
1998 AAP Information Services Pty Limited (AAP) or its Licensors.
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