Banks fail to fully pass on rate cuts

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Four large lenders have matched the Commonwealth Bank of in passing on less than
half of Tuesday's official cut to interest rates.

Navy plans to boost submariner numbers

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Inexperience among Australian submariners at a time when the navy is struggling to
recruit sailors raises the prospect of a potential catastrophe, a new report warns.

Revolt on Cape York over wild rivers

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Angry Cape York leaders have threatened to ban outsiders from their land if the
Queensland government doesn't wind back its controversial wild rivers policy.

Man found guilty of murdering student

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The parents of a Chinese student murdered on her way home from a cleaning job will
be thankful a jury has found a man guilty of her killing, a family friend says.

Drugs from China 'in picture frames'

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A man has been charged with smuggling from China a precursor chemical commonly used
to make the illegal drug ice hidden inside photo frames, customs says.

Sporting violence must be halted: Brumby

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Victorian Premier John Brumby has called an urgent meeting of major sporting codes,
police and venue operators to discuss the issue of violence at sporting events.

Reunion would only disappoint: ABBA

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Swedish supergroup ABBA won't reform because they fear they'd disappoint their fans,
two of the band's founding members say.

RBA cut rate to 49-year low

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The Reserve Bank of Australia's (RBA) surprise decision to cut official interest
rates to a 49-year low may be the last reduction for a while.

'Devastated' D'Arcy expected to quit

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Nick D'Arcy is expected to quit swimming after claims the controversial butterflier
was misled for more than a year that he could redeem himself and return to the
national team.

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