A summary of the nation's news.
The West Australian business news
No clash on iron ore grab
Cazaly chief Nathan McMahon denied any conflict of interest over tenement peggings activities. There is also a follow up to the WA Business News' Daily Business Alert interview with Maincoast Pty Ltd director Peter Symonds yesterday.
Hancock kin share Rio $37m
A story on the annual reports from the Hancock and Wright empires.
Wilkinson to leave AWS in new setback for wool
Ex-David Jones chief Peter Wilkinson steps down as head of Australian Wool Services.
Chemeq seeks partner for a push into Europe
Report on Chemeq's AGM with the company seeking an international pharmaceutical partner.
Strong demand drives new gas pipe expansion
Owners of Dampier-to-Bunbury pipeline look to bring forward $1 billion expansion.
Markets: Kiernan to be face of merged gold entity
Andrew Forrest says Michael Kiernan will head merged gold companies Monarch and Siberia.
Main Stories in today's Australian newspapers
THE AUSTRALIAN
Page 1 - Former partner pursuing a claim against Pricewaterhouse Coopers over allegations of sexual harassment, discrimination and victimisation; Australia will record a 195,000 shortfall in workers over the next five years.
Page 2 - Treasurer Peter Costello wants his next budget to include further cuts to personal income tax.
Finance - The ACCC has begun an inquiry into the fall of Heritage Fine Wines, which crashed in April leaving $11 million worth of investors' wine unaccounted for.
THE AUSTRALIAN FINANCIAL REVIEW
Page 1 - The federal government has proposed slashing the tax laws by one-third, but business says its not enough; the Queensland Nationals crossed the floor of state parliament yesterday to vote with the Labor government to reject the federal government's workplace reform.
Page 3 - Online betting exchange Betfair will be licensed to operate in Australia by the Tasmanian government.
Companies - Catalyst Investment and CHAMP have bought Miller's and Warehouse Group.
