ABC NewsMail - Afternoon Edition

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NewsMail Afternoon Edition
Thu 16 Aug, 2012

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Inquiry blasts organiser of disastrous ultramarathon

A scathing report into last year's disastrous Kimberley ultramarathon finds the organiser did not take reasonable steps to maintain the safety of competitors.

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The Drum

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Too rich to regulate: the banks got away with it

The world's bankers have got away with the greatest two scams in history - the US Subprime Mortgage Affair and the Great Euro Periphery Heist.

In Australia, the banks didn't join in the two big scams, at least not much anyway, because they're better regulated and APRA wouldn't let them.

In fact, as the rest of the world considers how best to keep their banks in check, Australia's APRA could teach them what to do. It's all about vigilance, not rules.

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Just In

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Australia risks no growth without productivity boost

A new report warns Australia risks a low growth future unless it dramatically improves its productivity performance.

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World

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Air strike kills 30 as UN condemns Syrian regime

Syrian warplanes have bombed the rebel-held town of Azaz near Aleppo, killing 30 people and wounding many more, activists say.

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Business

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Taskforce finds manufacturing industry can survive

A Federal Government taskforce has found Australia's manufacturing industry can survive if it makes the most of opportunities in Asia.

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Politics

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Asylum seekers forced captain to divert to Australia

Tony Abbott uses a recent boat rescue to say he'd be prepared to send in troops in the same way John Howard deployed the SAS on the Tampa.

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Sport

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Australia aims to climb Twenty-20 rankings

Cricket Australia has named a Twenty-20 World Cup squad it believes can climb its way up the international rankings.

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Science and Technology

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Dinosaur dig uncovers bones bonanza

A dinosaur dig in western Queensland has unearthed 20 fossils, including a bone weighing about 100 kilograms.

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Environment

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Drought stories boost SA Murray fight

Government-funded ads use South Australians to tell their drought stories, as the state fights the Murray-Darling plan.

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