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NewsMail Afternoon Edition Tue 06 Aug, 2013 Top Stories More Top Stories » Labor moves to capitalise on RBA's interest rate cut Labor is moving to capitalise on the Reserve Bank's decision to cut the official interest rate by 25 basis points to an historic low of 2.5 per cent. The rate has now been cut by 225 basis points since November 2011 and is at its lowest level since 1960. "The fact is that now, under Labor, interest rates are at record lows," Treasurer Chris Bowen said. "Australian families and businesses know that lower interest rates are a good thing, especially with the economy continuing to grow." More » Live: Rate cut dominates election campaign Abbott says voters can do the maths on budget bottom line Sydney woman escapes conviction over racist bus rant against Asian student Escaped python strangles two children sleeping above pet shop Mark Webber says he will not miss Sebastian Vettel when he retires from F1 More Analysis » Not the time to convince us of economic prowess It's hard not to conclude that the Prime Minister's economic seriousness is purely for show - a marketing pitch rather than a strategic plan. Kevin Rudd has spent so much time rushing from issue to issue - boats, Eddie Obeid, carbon tax - that he hasn't put enough work into his basic economic credibility. One National Press Club speech and a few graphs won't do it. And an election campaign is not a great time to try to prove you can control the nation's finances. More » Certainty for super industry entrenches inequality This is how we rise to the Asian century? The ghosts of communism past in Indonesia Abbott falls short in the social media election This election will probably end as it started Egypt: back to the future? Cummings dynasty: the master's apprentice Abbott's in Opposition, but two can play at that game Abbott's frontbench waits in the shadows for victory Just In More Just In » Newman tables bill to reverse MPs' pay rise By Brad Ryan Queensland Premier Campbell Newman has introduced legislation to reverse the controversial pay rise granted to politicians last month. More » 'Conflict of interest' in AFL deciding Bombers charges Child custody behind man's knife attack, court told Labor moves to capitalise on RBA's interest rate cut Al Qaeda communications reportedly behind US embassy closures Woman escapes conviction over racist bus rant Solomons PM rejects Australia's asylum seeker request Drug offender's crime blamed on brother's murder case Triple fatal accused 'under influence of drugs' Webber: I won't miss Vettel World More World » Al Qaeda communications reportedly behind US embassy closures A threat from Al Qaeda in the Arabian Peninsula (AQAP) prompted the extended closure of 19 United States embassies and consulates in the Middle East and Africa, the White House and US State Department have confirmed. More » British media reacts to England's Ashes win Spanish paedophile pardoned in Morocco arrested in Spain Traffic fears ahead of Indonesia's annual exodus Escaped python strangles two children sleeping above pet shop Amazon founder to buy Washington Post Business More Business » Labor moves to capitalise on RBA's interest rate cut Labor is moving to capitalise on the Reserve Bank's decision to cut the official interest rate by 25 basis points to an historic low of 2.5 per cent. The rate has now been cut by 225 basis points since November 2011 and is at its lowest level since 1960. "The fact is that now, under Labor, interest rates are at record lows," Treasurer Chris Bowen said. "Australian families and businesses know that lower interest rates are a good thing, especially with the economy continuing to grow." More » Australian job advertisements fall by 1.1 per cent in July Capital city house prices rise by 2.4 per cent in June Amazon founder Jeff Bezos to buy Washington Post Gold miners tipped to be hardest hit by writedowns Politics More Politics » Abbott says voters can do the maths on budget bottom line By chief political correspondent Emma Griffiths The Coalition has fended off Labor attacks over its decision not to commit to its own budget bottom line when it releases its policy costings, with Opposition Leader Tony Abbott saying voters will be "able to do the arithmetic". Opposition treasury spokesman Joe Hockey has again confirmed the Coalition will not provide a final budget figure because he does not trust the Treasury numbers used by the Government. Prime Minister Kevin Rudd has described it as a "stunning development" and says it is "unacceptable in a democracy". More » Rudd opponent vows to lobby Coalition over tobacco donations SA Premier apologises over false tweet Live: Rate cut dominates election campaign Former speaker Slipper may run in federal election Sport More Sport » Ashes 2013: Third Test, day five: The verdict Grandstand brings you expert analysis and player reaction after England retained the Ashes at Old Trafford. More » Clarke sees silver lining despite dark days at Old Trafford Ricciuto stands by claims Hird asked to stand down 'Conflict of interest' in AFL deciding Bombers charges Webber: I won't miss Vettel Alex Rodriguez banned for doping offences Science and Technology More Science and Technology » Study finds weather changes fuel violent behaviour By Katie Hamann Researchers in the United States say they have established a link between changes in the weather and spikes in violence around the world. A paper published in the journal 'Science' reviewed 60 studies from around the world, all finding a close relationship between climate events such as monsoons and heatwaves and the incidence of violence. More » Earth's oldest animal ecosystem held in fossils in SA outback Dead whale washes up covered in 'shark bites' Australia's largest super computer unveiled in Canberra Chattanooga steams ahead as America's first Gig City Environment More Environment » Radioactive water leaking into Pacific in new Fukushima 'emergency' By North Asia correspondent Mark Willacy, wires Japan's nuclear watchdog says there is a state of emergency at the shattered Fukushima nuclear plant over ongoing leaks of radioactive water. More » Study finds weather changes fuel violent behaviour Urban dwellers fight back to restore natural habitat South Australia claims success with koala sterilisation program Sea Simulator aquarium targets coral killers 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