ABC NewsMail - afternoon edition

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NewsMail Afternoon Edition
Tue 15 May, 2012

Top Stories

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Australia seventh-worst polluter on Earth: report

A report ranking the world's biggest polluters puts Australia in seventh place, behind several gulf nations and the United States.

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The Drum

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The unhappy compromise of European 'austerity'

Has austerity worked in Europe? Well, if "austerity" means savage cuts to government spending, then there has been no austerity.

All of the major European economies are spending more now on government than they did before the global financial crisis began.

So why is there an electoral backlash against a policy that doesn't exist?

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Just In

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Don't write off cheques, experts warn

The payments clearing association says there is no need to phase out cheques despite their usage dropping by more than 60 per cent in the past decade.

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World

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Greek deadlock drives increased eurozone fears

Share markets in London, Paris and Frankfurt dived overnight as political leaders in Athens tried to end a stand-off which could force Greece to abandon the euro.

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Business

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Thank the banks for rate cut: RBA

It seems borrowers can thank commercial banks for the Reserve Bank's decision to slash the official cash rate by 50 basis points this month.

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Politics

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Council move to super-size rates of fast food giants

A Melbourne councillor is pushing a health initiative in which fast food chains will be charged higher council rates to discourage them from doing business.

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Sport

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Maroons confident of winning without Locky

The Maroons are confident they have the experience and depth to compensate for the absence of retired great Darren Lockyer.

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Science and Technology

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No hint of world's end in oldest Mayan calendar

Researchers say new analysis of the earliest known Mayan calendar, found in an ancient house in Guatemala, offers no hint that the world's end is imminent.

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Environment

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Australia seventh-worst polluter on Earth: report

A report ranking the world's biggest polluters puts Australia in seventh place, behind several gulf nations and the United States.

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