| Source: | Lateline Business |
|---|---|
| Published: | Thursday, August 14, 2008 9:59 AEST |
| Expires: | Wednesday, November 12, 2008 9:59 AEST |
QBE has reopened its wallet and struck a billion-dollar deal which could see it secure a 40 per cent stake in the domestic mortgage insurance sector. The company has agreed to buy the Australian and New Zealand arms of troubled United States company, PMI.
Electricity is vital for a basic standard of living in Australia, not an optional extra.
An elephant has turned over cars and injured its keeper in a five-hour rampage in India.
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AEDT = Australian Eastern Daylight Time which is 11 hours ahead of UTC (Greenwich Mean Time)
