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FINANCIAL EXPRESS FRONT PAGE

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Thursday, June 3, 1999

Global trade -- Rich hold out, but for how long?
The recently published World Trade Organisation (WTO) annual report on global trade confirms the common experience that global economy and trade contracted sharply in 1998.

Curse of growing cross subsidisation on long-term growth
Equally, one of the major sources of weakness has been due to the working of our public sector. Even our legal system may have further aggravated the problem by treating public sector as an extension of the state.

Australia's wealthy boost share market `madness'
Up, up and away. That was last year's celebratory headline on the Business Review Weekly's Rich 200 List of Australia's wealthiest individuals and families. And why not? Their combined wealth had leapt 17.5% in 12 months.



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