ABC NewsMail - Morning Edition

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NewsMail Morning Edition
Mon 14 Jan, 2013

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Six arrested in new India bus gang-rape case

Six men have been arrested in India after another rape of a passenger on a bus.

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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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Australians own as many guns as in 1996

A study has found Australians now own as many guns as they did at the time of the Port Arthur shootings in 1996.

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World

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France defends failed Somali raid as toll mounts

Somali witnesses said at least eight civilians were killed in the disastrous French operation to rescue a kidnapped secret agent but France's defence minister defended the decision to launch the raid.

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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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Aussies to summon big guns after Sri Lanka loss

Australia will summon its big guns after Brad Haddin added to the hosts' injury woes during the eight-wicket loss to Sri Lanka in Adelaide.

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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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Beijing choked by dangerous pollution levels

Beijing residents are being warned to stay indoors as pollution hit hazardous levels for a second day, blanketing the city in a dense shroud of smog.

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