ABC NewsMail - Morning Edition

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NewsMail Morning Edition
Sat 12 Jan, 2013

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Authorities brace for renewed fire threat

Fire authorities are on alert for a dangerous weekend in south-east Australia after crews spent another day fighting blazes still burning out of control.

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The Drum

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Beware the comedown if house prices surge

Economist Stephen Koukoulas has caused a stir with his forecast that home prices will jump 10 per cent this year, and there are many reasons why he may be right.

Despite the steep local prices, housing affordability is just shy of its highest level in a decade. However, this is illusory affordability caused by low interest rates.

Most young Australians cannot prudently afford to buy a home. The likely outcome if prices do surge will be a bigger housing bubble and a more painful crash when it does inevitably burst.

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Just In

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Teen critical after 18th birthday gatecrashed

An 18-year-old man is in a critical condition after he was struck in the head by a group who tried to gatecrash an 18th birthday party in Sydney's north.

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World

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Savile abused hundreds over six decades: report

A report by British police on the late BBC presenter, Jimmy Savile, says he was "a prolific, predatory sex offender" whose abuse spanned six decades.

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Business

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Howard rejects IMF's 'profligate spender' tag

John Howard rejects IMF analysis contending that Australia's most wasteful spending in the past 50 years took place under his government.

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Politics

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Workers with disabilities win landmark wage fight

Two men with disabilities who were being paid less than $4 an hour have won a landmark Federal Court case that could result in higher wages for thousands of disabled workers.

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Sport

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Bailey's 'B-Team' buries Sri Lanka

Australia made a mockery of its "B-Team" moniker with a 107-run one-day win over Sri Lanka at the MCG on Friday.

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Science and Technology

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2.5m gulls needed to lift James's giant peach

Physicists have thrown cold water on a key scene from Roald Dahl's classic children's book, James and the Giant Peach, in which a flock of seagulls fly an oversized piece of fruit and its occupants across the Atlantic.

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Environment

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Natural causes blamed for whale deaths

Queensland's National Parks Service says two whales washed up on the state's central coast in recent days appear to have died from natural causes

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