ABC NewsMail - Afternoon Edition

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NewsMail Afternoon Edition
Fri 22 Feb, 2013

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Swimmers own up to Stilnox use

James Magnussen and his relay team-mates have admitted to using Stilnox and behaving inappropriately at a pre-Olympic bonding session last year.

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The Drum

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Tax concessions make for super hypocrisy

"Hands off my super!" is the rallying cry from Australians outraged at suggestions the Government may announce cuts in tax concessions in this year's budget.

It may be a sign of how strongly people feel about protecting their nest eggs but it also points to just how warped the debate on superannuation policy has become.

Tax concessions on superannuation cost the Government $32 billion this year. That makes it worth asking whether it is money well spent.

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Just In

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Billabong profits wiped out by write-downs

Troubled surfwear retailer Billabong has reported a $536.6 million half-year loss on massive write-downs.

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World

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Australia off to strong start in Chennai

Australia got off to a strong start after wining the toss in Chennai and electing to bat, notching up 50 from the first 10 overs.

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Business

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Upbeat Reserve testimony drives dollar higher

The Reserve Bank governor Glenn Stevens has pushed the Australian dollar half a cent higher with his most upbeat commentary in months.

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Politics

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If Labor goes, Gonski goes with us: Gillard

Julia Gillard says the chance to reform school funding will be lost if the Coalition wins government.

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Sport

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Swimmers own up to Stilnox use

James Magnussen and his relay team-mates have admitted to using Stilnox and behaving inappropriately at a pre-Olympic bonding session last year.

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Science and Technology

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Chemicals in household items linked to cancer

The United Nations has released a list of about 800 chemicals, many used in household products, that could damage the human hormone system.

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Environment

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Wine industry leading way on climate adaptation

A study finds some Australian wine producers leading the world in preparing for future climate change.

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