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NewsMail Afternoon Edition
Thu 03 May, 2012

Top Stories

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The HSU: anatomy of a Labor nightmare

The scandal surrounding the Health Services Union erupted again this week as fraud squad detectives raided the union's Sydney offices and current and former executives traded accusations.

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The Drum

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Our dangerous addiction to low interest rates

Low interest rates have become a panacea for economic problems. In part, this reflects the limited flexibility of governments to run budget deficits.

But like all addictions, low interest rates are dangerous. They may also be ineffective in addressing the real economic issues.

Global economic conditions remain fragile, and in expending its ammunition now, the RBA may be reducing its options for the real battles that may lie ahead.

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Just In

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Abbott backs away from GST changes

The Federal Opposition Leader, Tony Abbott, has backed away from his support for the GST to be carved up on a per capita basis.

In Western Australia earlier this week, Mr Abbott said the Government should seriously consider a per capita distribution model.

Mr Abbott, who is in Tasmania, says he would not do anything which would short change the state.

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World

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Blind Chinese dissident pleads for refuge in US

The blind dissident at the centre of a diplomatic storm between Beijing and Washington has told the ABC he now fears for his safety and wants to leave China.

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Business

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James Hardie directors breached duties: court

The High Court rules that seven James Hardie non-executive directors, including former chairwoman Meredith Hellicar, breached corporate law over the company's asbestos compensation fund.

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Politics

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Lung cancer alarm near coal-fired power stations

Pollution data for Port Augusta contradicts reassurances from the SA Government smoking can be blamed for high lung cancer rates.

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Sport

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Reds galvanised by Genia decision

The Reds say Will Genia's decision to stay at Ballymore has "united" the players, as they continue their Super Rugby title defence.

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Science and Technology

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Mission hopes to find fish on Jupiter's moons

The European Space Agency has approved a mission to Jupiter's moons to discover whether fish live under their icy surfaces.

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Environment

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Lung cancer alarm near coal-fired power stations

Pollution data for Port Augusta contradicts reassurances from the SA Government smoking can be blamed for high lung cancer rates.

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