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Since October 1995

Wednesday 12th October 1995

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International:

Prime Minister Paul Keating, smarting at Murdoch's comments about the "terrible" state of the Australian economy, diplomatically challenges News Limited's chief to employ more Australian unemployed youth.

Political:

Federal Cabinet will meet in Brisbane next week to review how its programmes are working in Queensland. Queensland is expected to play a pivotal role in who wins the next Federal election.

Business:

Coles Myer chairman, Solomon Lew, is expected to be challenged by the major shareholders (institutions) as he has not resigned from playing a major role in the company..

Sport:

European punters bet heavily on the Melbourne Cup entrant, Irish horse Vintage Crop, forcing quotes to tumble from 20-1 to 10-1.

Social:

Variable home interest rate is tipped to hit 12% in Australia during the next decade - creating a poverty trap for home owning Aussies.

Personal trivia:

There are two lorikeets (green parrots) facing up to each other on a tree just a few metres from my office. The excitement appears to be a small hole in the side of the gum tree. Guess it could offer good nesting prospects! Will keep you informed.

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