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Mar 24, 2011

ABC News Australia | Morning Business news.

Possum blamed for power cut
A possum is being blamed for a power cut that affected 1,500 homes in Melbourne's east.

Company to announce Gold Coast draft water prices
Gold Coast Mayor Ron Clarke says water giant Allconnex has bowed to pressure from the council and community and will release details of draft water pricing this afternoon.

Failed builder faces liquidation prospect
The administrator for the collapsed north Queensland building company Glenwood Homes says it is likely the company will be put into liquidation.

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