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NewsMail Morning Edition
Thu 01 Dec, 2011

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Central banks act as euro zone crisis rages

Stock markets soar after the world's biggest central banks announce moves to pump liquidity into the global financial system in a major bid to avert a credit crunch.

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The Drum

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Cut, cut, cut: Wayne Swan has more work to do

The tabloids have nailed Wayne Swan's budget cuts â€" taking money away from mums, but keeping the gold pass travel for retired politicians.

It doesn't matter that the gold pass doesn't actually cost that much, or is under review, or whatever, it isn't a good look. Ditto for increasing HECS for maths and science â€" the education revolution is on hold.

Wayne Swan faced some tough questioning at his press conference yesterday and the Mid-Year Economic and Fiscal Outlook (MYEFO) has not been well received.

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Just In

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Macdonald to face corruption hearing

Former NSW minister Ian Macdonald will face a corruption hearing today over allegations he was rewarded with a prostitute for setting up a meeting for developer and accused murderer Ron Medic.

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World

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Central banks act as euro zone crisis rages

Stock markets soar after the world's biggest central banks announce moves to pump liquidity into the global financial system in a major bid to avert a credit crunch.

More »

Business

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Central banks act as euro zone crisis rages

Stock markets soar after the world's biggest central banks announce moves to pump liquidity into the global financial system in a major bid to avert a credit crunch.

More »

Politics

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MPs set to give up perks for pay rise

Federal MPs are set for a big pay rise in exchange for losing some of their perks.

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Sport

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Kiwis set to test inexperienced Aussies

At least three players will make their Test debuts when an injury-hit Australia faces New Zealand in the first Test at the Gabba from today.

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Science and Technology

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DNA barcoding: from fish to furniture

Over 450 experts in DNA have converged on Adelaide for a conference that has major significance for fishmongers, furniture dealers and life on Earth generally.

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Environment

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Report warns of deadly climate change

A new report is warning more Australians face dying in heatwaves and catching infectious diseases as a result of climate change.

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