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Storm victims widen claim
STORM financial victims plan to seek compensation from more of Australia's biggest banks over their alleged exposure to the collapse.
The Australian

Extended Medicare Safety Net Bill, Australia
With the health insurance Amendment (Extended Medicare Safety Net) Bill 2009 to be considered by the Senate this week, the AMA today calls on the government to make public the safety net economic modelling that underpins a policy that will make vital medical services more expensive for working Australians.
Medical News Today

Boks get ministerial congratulations
Cabinet congratulated the Springbok rugby team on its 'convincing victory' over Australia in the Tri-Nations tournament.
iol.co.za

Australia proposes revising terrorism laws to include psychological harm, adjust police powers
Terrorism would be redefined to include psychological harm and police would gain emergency powers to search homes without warrants under proposed revisions to Australia's counterterrorism laws.
Topix.net

Australia`s Economic Forecast
Exports have helped shield Australia from the financial crisis, but its dependence on China is risky.
Forbes

3 Group pushes back breakeven target
(Telecompaper) The 3 Group reduced its operating loss (LBIT) to HKD 1.81 billion in the first half, from HKD 5.27 billion a year earlier. The decline was helped by a change in accounting policy to book customer acquisition costs when incurred, rather than amortise the spending over the life of a customer contract. 3 Italia also saw an end to amortisation on its operating licence after it was made indefinite. The mobile operator posted revenues down 18 percent to HKD 26.38 billion, but up 3 percent in local currency. EBITDA before all customer acquisitions costs was down 34 percent to HKD 8.07 billion, hurt by exchange rate effects and forex gains in the year earlier period. Excluding these effects, the figure was up 10 percent year-on-year. Customers acquisition costs were down 17 percent to HKD 7.89 billion. The customer base rose 27 percent from the end of 2008, due mainly to the merger of 3 Australia with Vodafone Australia. The 3 Group had a total 22.770 million customers as of 12
DMeurope.com

Section 8 entering open beta
TimeGate plan worldwide test TimeGate confirm this afternoon that their new action game Section 8 is officially entering open beta, which will be open to all players in North America, Europe and Australia.FilePlanet are delivering the beta, which will include two online multiplayer maps, complete with vehicles, weapons and equipment set to feature in the final game.You'll need a reasonably hefty PC to take part in this test, while the game itself is scheduled for release on the PC and Xbox 360 this autumn.We'll be taking a closer look at Section 8 very soon.
Ferrago

Shark ups price on Florida mansion to $72m
Sydney morning Herald, Centrist daily, Sydney, Australia
World Press

Cahill brace hands Australia friendly victory
Tim Cahill's brace of goals led Australia to a 3-0 victory over the republic of Ireland in an international soccer friendly this morning.
The Sydney Morning Herald

Golf boss says lay off `Wild Thing`
LEADING official Max Garske has called for a fair go for controversial golfer John Daly when he returns to Australia later this year.
The Australian

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