www.ntnews.com.au Northern Territory News, Thursday, December 17, 2009 — 29

PU

B:

NTNE-WS-DA-TE:17-DGE:29 CO-LO-R: C-M Y-K

featuresoptionsADVERTISING

For more information on features please call

Narelle Neville

8944 9841Email nevillen@ntews.com.au

24

fg o

pti

on

s 0

1

The Northern Territory News will be running a special

feature titled "On the water", to be published on

Sunday 10th December, 2010.

"Our beautiful harbour and extraordinary river systems

provide some of the best fishing and recreational boating

in the world. It's no wonder - "We have the highest

recreational boat ownership per capita in Australia".

If your in the boating business let's give Boaties the

information they need to know and want to know.

Your products and services whether it be in maintenance,

sales of boats, equipment, insurance, refrigeration, safety

management systems. Absolutely anything to do with

boats.

Publication Date: Sunday, January 10, 2009Booking Deadline: Thursday, December 24, 2009

Sharon FentonTelephone: 8944 9847 & Fax: 8981 2891Email: fentons@ntnews.com.au

The Northern Territory News will be running a special

feature titled "You Can Do It?."

to be published on Sunday January 24th, 2010.

The hobby of making something yourself is becoming

very popular - it is usually easy, fun and economical.

Where looking for one stop shops that can make it easy

for our readers to take up something new or give them the

opportunity to do it instead of just thinking about it!

Nothing could be easier and more rewarding than

sharing something you have created yourself. Once you

start a hobby the rewards and satisfaction you feel will get

you hooked!

Does your business offer a rewarding and satisfying

hobby, art, beverage, garden, carpentry etc?

If so you need to be part of this informative feature

Publication Date: Sunday December 24, 2009

Booking Deadline: Friday, January 8, 2010

Sharon Fenton

Telephone: 8944 9847 & Fax: 8981 2891

Email: fentons@ntnews.com.au

Promote your club for 2010!

Does your club need new members? Do you want to

remind your existing members to rejoin?

What does your club have to offer?

• Social outlet • Health & fitness

• Academic • Music • Sporting & fun?

Invest in this feature to promote your club. What you have

to offer and price of membership for 2010.

Publication Date: Tuesday January 12, 2009

Booking Deadline: Tuesday, December 29, 2009

Sharon Fenton

Telephone: 8944 9847 & Fax: 8981 2891

Email: fentons@ntnews.com.au

The NT News is giving 10 lucky readers the chance to win 10 books each*!The books we are giving away are from a wide array of authors and coverall different genres. There's something for everyone! So whether you want

to give them away as Christmas presents or read away the rainy days don'tmiss your chance to win one of these terrific book packs!

To enter simply fill out the coupon and send it to

Win BooksGPO Box 1401

Darwin NT 0801Entries must be received

by first mail Wednesday, December 23, 2009.

*Each winner will be allocated a

book pack containing 10 books.

Name ................ ............................................

Address ............ ............................................

.............................. ............................................

Phone ................ ............................................

BUSINESS

Bowen talks superCANBERRA: SuperannuationMinister ChrisBowen says there needs to be a nationaldiscussion over whether the compulsorysuperannuation guarantee of 9 per centshould be raised.The government will receive theHenry tax

review by the end of the year, butMr Bowen(pictured) says it’s already indicated thecurrent guarantee is ‘‘adequate’’.

‘‘TheHenry committee has said that nineper cent is adequate,’’ Mr Bowen said. ‘‘(But)I thinkwe need to have a national discussion.’’

THING OF THE PAST: Magna sedans being spray-painted at the Mitsubishi MotorsAustralia plant at Tonsley Park in Adelaide. The site has been sold to the SA Government

SA Govtbuys site

ADELAIDE: Mitsubishi has soldits former car assembly site inAdelaide to the South AustralianGovernment for $32.5 million.

The Government said the dealwould be settled in February,with the suburban Tonsley Parksite to be redeveloped forhigh-tech manufacturing andresearch industries.

Mitsubishi will keep two hec-tares of the 64ha site for its headoffice and spare parts storage.

South Australian TreasurerKevin Foley said the redevelop-ment would provide a jobs boost forAdelaide’s southern suburbs.

Mitsubishi closed its assemblyplant in March last year when itstopped local vehicle production,axing several hundred jobs.

Fixed rates of little interestSYDNEY: Home owners are shunningfixed interest rate loans, withapprovals falling to just 2 per centnationally, their lowest rate in thepast 12months, a leadingmortgagebroker says.

With variable interest rates at 45year lows, the demand for fixed ratemortgages now accounts for 2.3 percent of all new loan approvalsrecorded by themortgage brokerMortgage Choice.

Orica saysrecovery‘patchy’MELBOURNE: Explos-ives, paints and chemi-cals supplier Orica Ltdsays there have beenpatches of recovery intrading conditions in its2009-10 fiscal year, butnothing broad-based yet.

‘‘We can find somepatches where the tradingconditions are improv-ing, but I’m not yet at thepoint where I could de-scribe that recovery asbroad-based,’’ Orica man-aging director GraemeLiebelt said after the com-pany’s annual generalmeeting yesterday.

Orica’s net profit forthe year ended September30 was $541.8 million.

Rate rise unlikelyafter tiny growth

ByCOLINBRINSDENin Canberra

BORROWERS may yet bespared another interest raterise in February after thenational accounts showed theeconomy barely grew in thethree months to September.

Gross domestic product(GDP) rose by just 0.2 per cent inthe September quarter, half thepace expected by economists.

While this was the third con-secutive quarter of growth,actual growth in the year to

September was an insipid0.5 per cent.

Treasurer Wayne Swan saidyesterday: ‘‘Conditions are im-proving but I think the accountstoday provide a cautionary re-minder that there is some wayto go before our growth momen-tum becomes self sustaining.’’

Despite the meagre growthoutcome, the Opposition againcalled on the Government towind back its stimulus spending,saying it was ‘‘clearly’’ workingin the opposite direction to offic-ial interest rate policy.

Mr Swan said this was a‘‘dangerous misjudgment’’.

The Reserve Bank of Austra-lia (RBA) has raised the cashrate at an unprecedented threeboard meetings in a row.

‘‘(The government is) stillengaging in recession-like ex-penditure even out to 2012, longafter the single quarter of nega-tive growth in 2008,’’ Oppositiontreasury spokesman JoeHockey said.

Still, comments by DeputyRBA Governor Ric Battellinosuggested the central bank is in

no hurry to lift rates much

higher because of the sharp rise

in lending rates offered by the

retail banks.

He said that on the surface

with the cash rate at 3.75 per

cent and still 50 basis points

under the previous low of 4.25

per cent recorded in 2001, it

might suggest this was still

‘‘unusually low’’.

Money markets are now plac-

ing about a 40 per cent chance of

a rate rise in February.