ABC NewsMail - Afternoon Edition

NewsMail Afternoon Edition Wed 29 May, 2013 Top Stories More Top Stories » McGuire sorry for King Kong gaffe but will not resign Collingwood president Eddie McGuire has apologised for an on-air gaffe suggesting Adam Goodes be used to promote the musical King Kong, but insists he will not resign. More » Backbenchers signal election funding deal in doubt Labor MP Martin Ferguson to retire at next election Australia accused of spying on East Timor's government Elderly woman tells court of being shot in face Committee recommends new laws on sexting More Analysis » Public interest vs profit: the fight for quality journalism If financial viability becomes the benchmark for saving a newspaper or television program then not even The Australian is immune from the axe. Many important stories aren't commercial. They don't hook the masses and drive revenue or may cost more than they earn. The fact is that important journalism often needs subsidies to survive. It's a message Peter van Onselen should keep in mind when he writes of privatising the ABC. More » Ethical battle hovers over use of drone technology Did motoring journalists fail Ford? Is microeconomic reform on its way back? Japan's economy needs feminist revolution Insane obsession: Australia's auto industry waste Where should our welfare go? Why Labor should savour its Greens Indigenous prison rates are a national shame Direct action set to be a Coalition climate headache Just In More Just In » Coalition backs boost to family payments By chief political correspondent Emma Griffiths The federal Coalition has switched its position and will now "not oppose" a boost to family tax payments as a replacement for the baby bonus. Labor announced the increased payments for parents with new babies in the budget, while also axing the $5,000 baby bonus. The Opposition quickly made clear it would support axing the bonus, but last week treasury spokesman Joe Hockey said the Coalition would not go ahead with the higher family benefits payments. More » ASIC settles $1.1 million Storm Financial case Labor MP Martin Ferguson to retire at next election French national found guilty of manslaughter Australia accused of spying on East Timor's government Backbenchers signal election funding deal in doubt Elderly woman tells court of being shot in face ICAC probe leads to charges over Currawong sale Court told of possible plea in Jurrah case Eye-tracking technology watches out for sleepy drivers World More World » Climbers' deaths cast shadow on Everest anniversary The deaths of three climbers in Nepal's Himalayas have cast a shadow over celebrations marking the 60th anniversary of the first ascent of Everest. More » Astronauts take short cut to space station Global markets rally on strong US data Rights group condemns PNG death penalty Fashion website Asos recalls radioactive belts Chinese spies hacked secret US weapons systems: reports Business More Business » Westpac in global money-laundering case By Elysse Morgan The Westpac Bank has been caught up in what US authorities are labelling the largest international money laundering case ever brought. US prosecutors accuse digital currency exchange Liberty Reserve, which is based in Costa Rica, of helping criminals launder more than $6 billion in criminal proceeds. Westpac is one of the many banks around the world that is holding funds from the company, thought to be worth about $40 million. More » BHP selling assets on weak coal price outlook ANZ announces $425m share buyback Global markets rally on strong US data Banks look to cost cutting to maintain profits Politics More Politics » Labor MP Martin Ferguson to retire at next election Former federal frontbencher Martin Ferguson has announced he will retire at the next election. Mr Ferguson quit Cabinet in March and says his decision to quit politics is in the best interests of the party and his family. "As I said in my first speech, life has never been easy with me due to long hours and lengthy periods away from home," he told Parliament this afternoon. More » Backbenchers signal election funding deal in doubt Review leads to dozens more breast cancer detections Brandis confident ASIO 'dealt with' hacking attack Swan defends backdated electoral funding deal Sport More Sport » McGuire sorry for King Kong gaffe but will not resign Collingwood president Eddie McGuire has apologised for an on-air gaffe suggesting Adam Goodes be used to promote the musical King Kong, but insists he will not resign. More » Bulldogs appoint female CEO Tomic stands by his dad Essendon skipper Jobe Watson re-signs Formal complaint lodged against NRL's Ben Te'o Merrin ready to make an Origin impact Science and Technology More Science and Technology » Eye-tracking technology watches out for sleepy drivers By science and technology correspondent Jake Sturmer A Canberra company has inked a deal with the world's largest mining equipment manufacturer to roll out eye-tracking technology to monitor driver fatigue. More » Chinese spies hacked secret US weapons systems: reports Government urged to come clean on foreign cyber threat Researchers uncover way to boost Australia's global internet links Ecuador satellite hits Soviet-era space junk Environment More Environment » Global warming could be slower than first thought: report By environment reporter Sarah Clarke and Katie Hamann A new report says the planet may be warming slower in the short-term than had been previously projected. More » 'Overwhelming' consensus for manmade warming: review Vital coastal carbon capture systems under threat BP pushes ahead with Bight oil search Carbon pollution hits highest point in 3 million years About this email You received this email because you are subscribed to ABC News email alerts. This message was sent to you at starnewsposting@gmail.com Please add newslists@your.abc.net.au to your email address book to see images by default and stop the email being treated as spam. 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