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 FINANCIAL REVIEW:

Page 1: The Reserve Bank of Australia is set to begin cutting official interest rates,
possibly as early as next month.

Page 3: The Rudd government's new luxury car tax has resulted in a sharp drop in sales
of more expensive cars, after buyers rushed to beat the deadline the month before.

Page 4: Lockheed Martin expands its Australian operations, in a move that will help
ease government concerns about its capacity to support Canberra's planned purchase of
the F-35 Joint Strike Fighter.

World: (WELLINGTON) New Zealand is likely to become the first western country to slip
into recession this year.

Markets: Falling commodity prices started a sell-off in resources stocks that pushed
the Australian share market to within a whisker of a new two and a half year low.

AAP dr/cmc

KEYWORD: MONITOR FRONTERS NSW 4 SYDNEY

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