ABC NewsMail - Afternoon Edition

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NewsMail Afternoon Edition
Thu 26 Sep, 2013

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Federal intervention to kickstart NSW CSG sector

The Federal Government says it is intervening to fast-track coal seam gas (CSG) projects in New South Wales in response to the state's "gas crisis".

Speaking at an "energy security summit" of stakeholders from the gas industry in Sydney today, Federal Resources Minister Ian Macfarlane said thousands of jobs could be lost and gas prices could spike in the state if moves were not taken to unlock CSG reserves.

He said he wanted to see more CSG rigs in place "by Christmas" and had spoken to Premier Barry O'Farrell about ways to overcome resistance to CSG drilling from famers and other landowners.

And he also flagged the possibility of a federal move to harmonise CSG laws across all states and territories, including a "one-stop shop" arrangement for CSG approvals - a suggestion which has drawn the ire of the Greens.

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The Drum

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Foreign aid cuts: saving lives is a low priority

The Coalition says it will be using foreign aid savings to fund major road projects in Sydney, Melbourne and Brisbane.

It could have said the money was coming from any number of savings areas. The point was purely political - there is no doubting which form of spending has the greater potential to win votes.

But while foreign aid is a sitting duck for politicians, we shouldn't forget the lives that would have been lost and the children who would have gone uneducated with Australia's generosity.

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Just In

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Minister appalled by 'disgusting' schools in remote NSW

The man in charge of NSW Education system has blamed successive state governments for the dire condition of some schools in remote areas.

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World

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Man grows replacement nose on forehead

Images have been released of a Chinese man that has had a new nose grown on his forehead.

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Business

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Abbott plays down impact of DIY super on property

Prime Minister Tony Abbott has played down a warning from the Reserve Bank that a spike in investment by self-managed super funds could be pushing up house prices.

Mr Abbott says he is confident that the superannuation system is working well, but suggested improvements could be made to the $1.6 trillion industry.

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Politics

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Minister appalled by 'disgusting' schools in remote NSW

The man in charge of NSW Education system has blamed successive state governments for the dire condition of some schools in remote areas.

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Sport

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Team USA takes America's Cup

Oracle Team USA completed a miracle comeback in arguably the greatest America's Cup series ever, winning 9-8.

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Science and Technology

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Man grows replacement nose on forehead

Images have been released of a Chinese man that has had a new nose grown on his forehead.

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Environment

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Recycled plastic bags might have medical use

Recycled plastic shopping bags might have a valuable future, even in targeted treatment of cancer cells.

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