Fed: Milestones of the Week

AAP General News (Australia)
08-04-2006
Fed: Milestones of the Week

SYDNEY, Aug 4 AAP - Milestones of the Week:



INCREASED - Interest rates by the Reserve Bank by a quarter of a percentage point to
a six-year high of six per cent.



THWARTED - Treasurer Peter Costello's leadership ambitions as John Howard announces
his decision to stay on as prime minister to contest his fifth consecutive election.



CHARGED - Australian-raised Oscar winner Mel Gibson with drink driving after being
arrested on Friday night when he made highly controversial anti-Semitic comments to arresting
officers.



APPOINTED - Glenn Stevens to governor of the Reserve Bank of Australia, replacing outgoing
Ian Macfarlane.



CROWNED - Queen of the turf, Makybe Diva, named Australian Champion Racehorse for the
second consecutive year, despite being in retirement.



AAP kaj/jlw/grc/bwl

KEYWORD: MILESTONES

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