EVENTS CALENDAR

18-May-08	The Annual Merion Cricket Match

19-May-08	Australian Budget Review 2008

20-May-08	Understanding Multi-Currency Loans

2-Jun-08	Australian Budget Review 2008

4-Jun-08	Australian Short Film Night

5-Jun-08	American Australian Association - Annual Meeting of Members

5-Jun-08	Los Angeles June Reception

Australian News Headlines

COMMONWEALTH Bank chief Ralph Norris has refused to rule out a counter-bid on Westpac's $19 billion takeover move on St George.

BHP Billiton shares surged to a record high of $50 today amid speculation that Chinese interests aim to take a 9 per cent stake in the company.

BRITAIN'S central bank has warned the UK may be following the US into recession, despite a growing belief the worst of the credit crunch has passed.

RADIO stunt featuring Roberta Williams in tour of gangland murder sites angers victims of crime.

SENIORS have stripped off and blocked city streets in protest at being ignored in the Budget.

COUNTER-terrorism police have swooped on homes in two Sydney suburbs today, seizing documents and computer equipment.