ABC NewsMail - Morning Edition

NewsMail Morning Edition Thu 05 Dec, 2013 Top Stories More Top Stories » Opposition criticises deal to scrap debt ceiling Shadow Treasurer Chris Bowen has accused the Greens and Government of hypocrisy over a new deal to scrap the debt ceiling. After failing to get enough support to increase the debt limit to $500 billion, the Government has clinched a deal with the Greens to remove the cap altogether. In exchange for the Greens' support, the Coalition has agreed to provide detailed statements to Parliament each time debt rises by $50 billion. Mr Bowen is sceptical and says Greens leader Christine Milne has taken a confusing position. "She's gone from saying 'an increase isn't justified' to 'why do we have this debt limit at all?'," Mr Bowen said. More » East Timor PM demands explanation over raids Real estate agents recruited to find backyard drug labs Two dead, one critical in fiery crash truck crash in Victoria AMA wants 24-hour medical hotlines scrapped following baby's death Two charged over machete attack on six people in Rockhampton Nigella Lawson admits cocaine use but denies addiction More Analysis » The RBA's song remains the same Things looked up for the Australian economy over the past month, with promising figures on business investment, borrowing rates, building approvals and retail sales. So has the Reserve Bank largely ignored these continued improvements? According to many analysts, fear of stoking demand for the Australian dollar was the main culprit. More » We shouldn't risk returning our workplaces to the 70s The bitter pill of male contraception What jobs will be left once the machines take over? Don’t panic about PISA 'Vibenomics' obscures a changing economy A short history with Christopher Pyne Qantas: the spirit of Australian nationalism Dancing with Israel's elephant GrainCorp decision in the Nationals' interest Just In More Just In » ECB asks for Gabba to be axed as Test venue As players vow to curb on-field behaviour, the raucous Gabba crowd prompted ECB calls for the venue to be axed. More » Real estate agents helping police in finding backyard drug labs AMA wants 24-hour medical hotlines scrapped following baby's death Two charged over multiple machete attack in Rockhampton Two dead in fiery truck crash in western Victoria ICC match-fixing probe targets New Zealand Opposition criticises deal to scrap debt ceiling Global banks cop record fines for colluding for profit No security pact until demands are met: Karzai Biden calls for trust with China World More World » ICC match-fixing probe targets New Zealand The International Cricket Council is investigating alleged historical match fixing by former New Zealand players. More » Global banks cop record fines for colluding for profit No security pact until demands are met: Karzai Biden calls for trust with China Swiss bank vault filled with pool of coins to be auctioned off Nigella Lawson admits cocaine use but denies addiction Business More Business » Australia's economic growth falls short of economists' forecasts By business reporter Pat McGrath Australia's economic growth has fallen short of forecasts, with the nation's gross domestic product edging up by 0.6 per cent in September quarter. The Australian Bureau of Statistics figures show the the annual growth rate is now at 2.3 per cent. Economists were forecasting a growth rate of 0.7 per cent for the month, and an annual rate of 2.6 per cent. More » Government strikes deal with Greens to scrap debt ceiling Dick Smith Electronics has bumpy first day of trade Westfield announces demerger of Australian and international operations Chinese agribusiness takes controlling stake in Queensland beef producer Politics More Politics » Opposition criticises deal to scrap debt ceiling Shadow Treasurer Chris Bowen has accused the Greens and Government of hypocrisy over a new deal to scrap the debt ceiling. After failing to get enough support to increase the debt limit to $500 billion, the Government has clinched a deal with the Greens to remove the cap altogether. In exchange for the Greens' support, the Coalition has agreed to provide detailed statements to Parliament each time debt rises by $50 billion. Mr Bowen is sceptical and says Greens leader Christine Milne has taken a confusing position. "She's gone from saying 'an increase isn't justified' to 'why do we have this debt limit at all?'," Mr Bowen said. More » Swiss bank vault filled with pool of coins to be auctioned off East Timor PM demands explanation over raids Would spying on East Timor by ASIS be illegal? Clive Palmer claims ASIO is tapping his phone Sport More Sport » ECB asks for Gabba to be axed as Test venue As players vow to curb on-field behaviour, the raucous Gabba crowd prompted ECB calls for the venue to be axed. More » ICC match-fixing probe targets New Zealand Clarke warns of England challenge in Adelaide NRL guidelines aim to prevent doping scandals Bollinger, Coulter-Nile on standby for Perth Campbell Brown and Suns part ways Science and Technology More Science and Technology » Chinese students 'driven by competition' Exchange students in China and Australia say Chinese high school students are under immense social pressure to succeed at school. More » SpaceX puts satellite into orbit Australian students slipping behind in maths, reading: OECD report ACCC rejects complaints over nano-free sunscreen Bill Gates says Amazon drone delivery plan 'overoptimistic' Environment More Environment » Abbott hits YouTube to ramp up pressure on Labor over carbon tax By chief political correspondent Emma Griffiths, staff Prime Minister Tony Abbott has taken to YouTube in a bid to up the ante on Labor to axe the carbon tax. Legislation to repeal the scheme is set for debate in the Senate this week but the bills are headed for defeat at the hands of the Opposition and the Greens. Mr Abbott continues to push his assertion that abolishing the carbon price will save householders hundreds of dollars. "You could do a lot with $550. That's what every Australian household on average will get from the abolition of the carbon tax," he said in the video. "It would be the best possible Christmas present for the Australian people." Labor insists it will only agree to abolish the tax if it is replaced with an emissions trading scheme and not the Coalition's Direct Action policy. More » Somerset koalas give scientists hope Clean Energy Finance Corp warns shutdown will hit budget Kiribati man fails to become first climate change refugee Captive-bred Tasmanian devils thriving on island haven 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