ABC NewsMail - Afternoon Edition

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NewsMail Afternoon Edition
Sat 24 May, 2014

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Pyne 'realistic' about negotiations on university deregulation plans

The Federal Government has conceded it will need to compromise on some of its more controversial budget measures to get them through a hostile Senate.

Education Minister Christopher Pyne told Fairfax that he accepts his plan to deregulate universities is unlikely to pass in full and that he is "realistic enough" to see the proposal will require amendments.

Coalition frontbencher Michaelia Cash says the Government continues to stand by its budget but accepts the need to negotiate.

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The Drum

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No one blameless as Thailand faces civil unrest

While the current coup in Thailand can still be described as bloodless, the risk of an explosion of serious civil unrest is now extreme.

Both political sides are to blame for this outcome. The Shinawatra-backed Pheu Thai party has remained beholden to the tainted influence of the exiled former prime minister Thaksin. Its opponents, rather than respecting voters, have continued to rely on the military for forced and false victories.

What happens next is in the military's hands.

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Just In

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Plane makes emergency landing at airport in Melbourne

A plane has made an emergency landing at Essendon Airport in Melbourne's north-west after reporting problems with its landing gear.

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World

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Court resolves row over Richard III burial place

A court has ruled the king will be buried in Leicester, the city where his remains were found under a car park.

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Business

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Rents fall well behind home price surge

Sluggish rental growth means an increasing proportion of property investors are gambling on capital gains to avoid losses.

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Politics

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Fears lack of funding may close Sydney women's refuges

The New South Wales Government has been asked to guarantee women's refuges in Sydney will not be forced to close, as it introduces a massive shake-up in the way funding is provided to homeless services.

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Sport

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Live: Giants v Tigers, Magpies v Eagles, Power v Hawks

Follow all the AFL action as it happens as GWS takes on Richmond, Collingwood faces West Coast and the Power play the Hawks.

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Science and Technology

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Scientist films harrowing escape from crevasse in Nepal's Himalayas

An American academic has survived a harrowing six-hour ordeal after falling 20 metres into a crevasse on a mountain in Nepal's Himalayas.

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Environment

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Bank won't fund Abbot Pt coal terminal due to reef threat

One of the world's leading investment banks is refusing to consider funding the expansion of the Abbot Point coalmine in Queensland because it is not assured the Great Barrier Reef would not be damaged.

UNESCO has condemned the Federal Government's decision to allow 3 million cubic metres of dredge spoil to be dumped in the Great Barrier Reef Marine Park as part of the expansion.

"We observe that there is no consensus between UNESCO and the Australian Government regarding the expansion of Abbot Point," Deutsche Bank said. "Since our guidance requires such a consensus as a minimum, we would not consider a financing request."

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