WA: Main stories in The West Australian today, Feb 12

AAP General News (Australia)
02-12-2001
WA: Main stories in The West Australian today, Feb 12

PERTH, Feb 12 AAP - Main stories in today's edition of The West Australian:

Page 1: WA Election 2001: Full page picture of Dr Geoff Gallop and supporters enjoying
victory in the election. He said: "We've emerged victorious through the politics of principle,
eschewing cynicism, fighting for the people of Western Australia".

Page 3: Richard Court is expected to stand down from the leadership of the Liberal
party tomorrow after the worst electoral defeat in WA history. One Nation is on the verge
of gaining its first MPs in WA, returning at least two, and more likely three, to the
Upper House.

World: Japan cut interest rates at the weekend to stave off an economic crisis after
its stockmarket fell to dangerously low levels (Tokyo). Grieving parents in the Japanese
fishing port of Uwajima are demanding to know how a 7,000-tonne US nuclear submarine sank
a trawler carrying 13 high school pupils and two teachers near Hawaii (Tokyo).

Finance: Troubled Centaur Mining & Exploration has been hit with an $8.4 million writ
by nickel giant WMC over a sulphuric acid supply contract. The second Perth consolidator
of accountancy firms to jump on the money trail ahead of its planned sharemarket listing
has forecast immediate profits ahead of building a one-stop financial services business.

Norgard Clohessy Equity has secured a $35 million capital raising, fulfilling one of the
conditions for a successful resurrection of takeover target Arthur Yates & Co. Perth-based
oil producer Tap Oil recorded its biggest one-day share price gain in seven months on
Friday on news of the potential doubling of the Simpson oilfield in WA's offshore Carnarvon
basin.

Sport: The International Cricket Council will put an end to decades of claim and counter-claim
when cricket's first official Test championship starts in May. Australia will face a hostile
Brazilian crowd in its Davis Cup quarter final in April after completing a 4-1 first-round
victory over Ecuador at Royal Kings Park yesterday.

AAP dd/ns

KEYWORD: FRONTERS WA

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