ABC NewsMail - Afternoon Edition

NewsMail Afternoon Edition Fri 02 Aug, 2013 Top Stories More Top Stories » Live: Government releases economic statement Treasurer Chris Bowen and Finance Minister Penny Wong have revealed the Federal Government's economic statement. The update of government finances includes massive revenue write-downs since the May budget, deeper budget deficits for the next three years and $17.4 billion worth of cuts. Follow our live coverage for rolling updates and analysis from the ABC's political reporters and correspondents. More » Labor's updated economic statement: Key points Coalition U-turns on Gonski funding support Families fight to have parole murder reports released Miner found guilty of desecrating sacred site Westpac customers not happy as electronic banking crashes More Analysis » How To Lose $30 Billion In 10 Weeks The biggest question hanging over the economic statement released by Treasurer Chris Bowen and Finance Minister Penny Wong is that of its realistic shelf-life. The 2013 Budget, whose assumptions were today exposed as being $33 billion out of whack, is only 10 weeks old. "How To Lose A Guy In 10 Days" is a Hollywood fiction. But "How To Lose $30 Billion In 10 Weeks" is starting to look like our new economic reality. More » Australia's role in Middle East peace talks Corruption findings hit Labor where it hurts Why can a robot build a car but not a bird's nest? St Kilda's daily violence cost Tracy Connelly her life Ciggie stardust: is this really a win-win dash for cash? How should public policy tackle abandoned infants? NSW Labor needs reform: accept it or resign What's really driving our panic over asylum seekers? New code, same suffering: animals in the lab Just In More Just In » Calls for law change as brothels fall on tough times By Matt Eaton Queensland's legal brothel operators have been taking a cold shower over the past year due to the economic downturn. More » Tradition vs technology fight over court records Families fight to have parole murder reports released Elderly man denies murdering 86yo wife Westpac customers not happy as electronic banking crashes Deficits, cuts in election-eve budget update Labor's updated economic statement: Key points Urban dwellers fight back to restore natural habitat The factors behind the hole in Labor's budget Live: Government releases economic statement World More World » No charges over 2010 Chile mine collapse An investigation into the 2010 Chilean mine collapse which trapped 33 miners underground for more than two months has failed to find anyone responsible. More » DRS flashpoints at the Ashes 2013 Rudd blasts Khawaja decision Bungled US airstrike kills 5 Afghan policemen Jury finds ex-Goldman trader committed fraud Cricket Australia queries 'incorrect' Khawaja call Business More Business » Live: Government releases economic statement Treasurer Chris Bowen and Finance Minister Penny Wong have revealed the Federal Government's economic statement. The update of government finances includes massive revenue write-downs since the May budget, deeper budget deficits for the next three years and $17.4 billion worth of cuts. Follow our live coverage for rolling updates and analysis from the ABC's political reporters and correspondents. More » Labor's updated economic statement: Key points Westpac customers not happy as electronic banking crashes Miner fined for desecrating Aboriginal sacred site Jury finds ex-Goldman trader committed fraud Politics More Politics » Deficits, cuts in election-eve budget update By chief political correspondent Emma Griffiths The Government releases its election-eve budget update, revealing massive revenue write-downs, deeper budget deficits and $17.4 billion worth of cuts and savings measures. More » Labor's updated economic statement: Key points The factors behind the hole in Labor's budget Live: Government releases economic statement Coalition U-turns on Gonski funding support Sport More Sport » Ashes third Test, day one: The verdict Grandstand brings you expert analysis, player reaction and everything you need to know about day one at Old Trafford. More » Cricket Australia queries 'incorrect' Khawaja call Magnussen wins gold in Barcelona Brumbies unchanged for final against the Chiefs Saad's failed test is 'an isolated incident', says Watters Hird engages top QC as ASADA release looms Science and Technology More Science and Technology » Dead whale washes up covered in 'shark bites' A ranger said a dead whale washed up on a South Australian beach was covered in shark bites. More » Australia's largest super computer unveiled in Canberra Chattanooga steams ahead as America's first Gig City DNA breakthrough might crack illegal drugs fight Sex research pioneer Virginia Johnson dies Environment More Environment » Urban dwellers fight back to restore natural habitat By Leah MacLennan Some urban dwellers are doing their bit to counteract the sprawl and restore areas of natural habitat. More » Sea Simulator aquarium targets coral killers Extra environmental flow promised for Murray Microbeads used in beauty products found in Great Lakes Mine in Tasmania's Tarkine approved by Environment Minister 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. This email address is not monitored - Please don't reply to this email. Manage your preferences | Unsubscribe | Contact Us   This service may include material from Agence France-Presse (AFP), APTN, Reuters, AAP, CNN and the BBC World Service which is copyright and cannot be reproduced. Australian Broadcasting Corporation, 700 Harris Street, Ultimo NSW 2007 © 2013 ABC | Conditions of Use | Privacy Policy | Discover other ABC Email newsletters