Myer pitches bullish numbers

MYER'S private equity owners have pitched the valuation of the retailer below that of David Jones, but have pledged to ramp up earnings inthe years following its plannedre-emergence on the stock market in November.

Australia 'let Sino relations go sour'

AUSTRALIA bungled economic relations with China by failing to show the country the same level of attention Japan received in the 1960s, Western Australian Premier Colin Barnett said yesterday in Sydney.