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NewsMail Morning Edition Tue 08 May, 2012 Top Stories More Top Stories » Shorten vows action after 'disturbing' HSU report A major shake-up of union regulations is on the cards after the release of a damning Fair Work Australia report into the Health Services Union. More » Swan sets test with budget surplus pledge US foils upgraded underwear bomb plot Goss wins stage three of Giro d'Italia Labor divided over single mothers budget cuts Free divers braved shark to recover friend's body Chopper rescues hurt 12yo bushwalker Greek conservatives fail to form government Putin returns to Kremlin under protest shadow Italian nuclear agency boss shot in the street More Analysis » Budget 2012: a recipe for disaster The Federal Treasurer will unveil his budget tonight and announce that the Government aims to achieve a small surplus in 2012-13. The problem is that the Government's surplus obsession is anti-Keynesian and the Australian economy is slowing and unemployment is rising. The legacy will be a recession, a deficit, Labor demolished and a new Coalition government that is even more fiscally illiterate. More » No réforme, no future Don't underestimate the rhetoric of class warfare Keneally's nihilism and the mother of all backflips Boris's win brings no joy to a PM in deep trouble Labor's abandonment of equity Removing the grey areas of age discrimination Socialists win for now but beware France's far right Gillard's costly lesson in first impressions People smuggler or the Schindler of Asia? Just In More Just In » Desert rain brings boom to Birdsville By environment reporter Conor Duffy The emblematic outback town of Birdsville in far western Queensland is enjoying one of its best run of seasons in living memory, with three years of flooding rains transforming its desert landscape. More » Study finds psychopaths have brain abnormalities Wall Street brushes off European election results Police shut down illegal Sydney bar Putin returns to Kremlin under protest shadow US foils upgraded underwear bomb plot Dinosaur flatulence may have warmed Earth Italian nuclear agency boss shot in the street Goss wins stage three of Giro d'Italia Greek conservatives fail to form government World More World » Greek conservatives fail to form government By Europe correspondent Rachael Brown, wires Greece's New Democracy party says it is unable to form a coalition government, despite garnering the most votes in a general election marked by strong gains for the neo-Nazi Golden Dawn party. More » Putin returns to Kremlin under protest shadow US foils upgraded underwear bomb plot Short honeymoon for Hollande after election win Alleged Bali mastermind pleads for forgiveness Business More Business » Shares dive over European election concerns The Australian share market has seen its sharpest fall in five months as investors fretted over the outcome of European elections. More » Commonwealth Bank axes 100 staff Forecaster says $6b needed for budget surplus Suncorp won't offer new policies in flood-prone towns Profits slip, but Holden still in the black Building sector feels weight of weak economy Politics More Politics » Labor divided over single mothers budget cuts By Alexandra Kirk, Louise Yaxley and staff Prime Minister Julia Gillard has been grilled by caucus members about a federal budget cut that would push single mothers onto the dole. More » Israel PM announces September elections US ready to grant visa to Chinese dissident SA Premier demands diesel rebate be retained Hundreds arrested in anti-Putin protest Sport More Sport » Gallen's Origin hopes in the balance New South Wales skipper Paul Gallen faces a nervous wait with a knee injury and possible suspension threatening his involvement in the State of Origin series opener. More » Goss wins stage three of Giro d'Italia Blackburn relegated as Wigan survive Swans lose Goodes for six Prior to face judiciary for Thurston hit Arnold sticks with Mariners Science and Technology More Science and Technology » Study finds psychopaths have brain abnormalities Scientists who scanned the brains of men convicted of murder, rape and violent assaults have found the strongest evidence yet that psychopaths have structural abnormalities in their brains. More » Dinosaur flatulence may have warmed Earth Supermoon pictures around the world Dead dolphins, pelicans wash ashore in Peru Electric implant brings hope to blind Environment More Environment » Desert rain brings boom to Birdsville By environment reporter Conor Duffy The emblematic outback town of Birdsville in far western Queensland is enjoying one of its best run of seasons in living memory, with three years of flooding rains transforming its desert landscape. More » Dinosaur flatulence may have warmed Earth Ecologist warns of Australian 'extinction crisis' Garbage droppings confirm tiger quoll encounter Dead dolphins, pelicans wash ashore in Peru About this email You received this email because you are subscribed to ABC News email alerts. This message was sent to you at starnewsposting@gmail.com Please add newslists@your.abc.net.au to your email address book to see images by default and stop the email being treated as spam. 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