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NewsMail Morning Edition
Sun 13 Jan, 2013

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Weary crews continue to battle NSW blazes

Weary firefighters took advantage of cooler conditions overnight as they battled to gain the upper hand on major bushfires in southern New South Wales.

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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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20-minute HIV test to be trialled in Melbourne

Melbourne will soon offer Australia's first rapid result HIV testing.

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World

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France tightens security after deadly Mali strikes

French president Francois Hollande has ordered an increase in domestic security following his country's military intervention in Mali.

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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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Gillard meets with child sex abuse victims

Prime Minister Julia Gillard hosts a morning tea for victims of child sexual abuse, a day after announcing the terms of reference for the royal commission into the issue.

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Sport

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Tomic wins maiden ATP title

Bernard Tomic clinched his first ATP World Tour title with victory in the Sydney International final.

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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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