VIC: Main stories in today's Melbourne newspapers = 2

AAP General News (Australia)
12-18-2008
VIC: Main stories in today's Melbourne newspapers = 2

THE AGE:

Page 1: The Commonwealth Bank is in damage control after a monumental blunder forced
it to abort a multibillion-dollar capital raising and compensate angry investors; The
federal government will scrap its $8000 rebate to households installing rooftop solar
power and instead require electricity retailers to increase their own solar subsidies.

Page 2: The global economic crisis has forced the federal government to tighten its
skilled migration program.

Page 3: The chancellor of Victoria University has been accused of undermining free
speech after using the Victorian government solicitor to threaten to sue a senior academic
for defamation.

World: Nearly two-thirds of Americans say they have been hurt by the economic downturn
and that the country has slipped into long-term decline.

Finance: National Australia Bank is close to snapping up the plum assets of Wizard
Home Loans at just a fraction of the $400 million GE Money paid four years ago as the
credit crunch forces the US lending giant into a rapid retreat from the nation's mortgage
market.

Sport: Richmond recruit Ben Cousins hopes he can become a role model now he is no longer
living a double life as drug addict.

AAP jrd/wf

KEYWORD: MONITOR FRONTERS VIC 2 MELBOURNE

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