ABC NewsMail - Afternoon Edition

NewsMail Afternoon Edition Fri 09 May, 2014 Top Stories More Top Stories » Pair accused of insider trading 'used ABS data in $7m forex scam' By political reporter Latika Bourke Two men in their twenties who worked at the Australian Bureau of Statistics and the National Australia Bank have been charged with insider trading on foreign currency markets. Police allege the NAB employee used unpublished unemployment, retail and trade data obtained through the ABS office to "predict the fluctuations in the Australian dollar". Some $7 million in assets have been seized by officers who were alerted to "suspicious activity" on the foreign exchange market dating back to August last year. More » Morrison announces new super-agency to patrol Australia's borders Packer and Gyngell fined $500 for public brawl at Bondi Major parties agree to Senate voting changes ICAC: Ficarra calls own evidence 'unknowingly wrong', cites schnauzer Robert Xie trial: Graphic killing of Lin family in Sydney detailed by prosecutor Jessica Mauboy makes Eurovision debut for Australia Irishman who sparked search 'critical' after surgery ACCC says hazardous dyes may prompt more recalls Veteran newsman Harry Potter dies aged 72 More Analysis » Budget 2014: Abbott Government makes its mark Will 2014 be a watershed year, a point of redefinition which sees the public share of the GDP significantly changed? Big cuts would help explain why the Abbott Government has been ready to take the torrent of criticism it received when the "deficit levy" kite was first flown two weeks out from the budget. Few policy proposals have arrived quite so friendless. Its real purpose might be to provide evidence that the pain to come is being shared by the best-off. More » Hands off our hard-fought abortion rights News photography lost in a digital sea of words Make a decision: am I a criminal or a good doctor? Putin's power play straight from the pages of history Lewinsky's past hits Clinton's future Abbott unveiled, and we don't like what we see Good luck delaying the crowdsourcing revolution How poetry helped me get through prison Know when to rein in the ideology - Howard style Just In More Just In » Benji Marshall set to sign with St George Illawarra St George Illawarra are expected to announce the signing of former New Zealand captain Benji Marshall. More » CMC acting chairman Ken Levy now being investigated by Qld police Former AFP deputy McDevitt named new ASADA chief Court rejects bid to throw out Slipper dishonesty charges Pair accused of insider trading 'used ABS data in $7m forex scam' No assault if Jurrah was still playing AFL: Demetriou Robert Xie trial: Graphic killing of Lin family detailed in Sydney court ACCC says hazardous dyes may prompt more recalls Aussie animation studio eyes more Hollywood success Packer and Gyngell fined $500 for public brawl at Bondi World More World » US considers surveillance request to find Nigerian girls Senior US officials say they are considering a request by Nigeria to provide surveillance aircraft and intelligence to find more than 200 schoolgirls abducted by Islamist militants. More » Japan continues whaling in north-west Pacific Museum inherits priceless art hoard likely plundered by Nazis Al Jazeera accused of threatening Greste trial ANC wins South African elections China hits back at Vietnam in sea dispute Business More Business » Pair accused of insider trading 'used ABS data in $7m forex scam' By political reporter Latika Bourke Two men in their twenties who worked at the Australian Bureau of Statistics and the National Australia Bank have been charged with insider trading on foreign currency markets. Police allege the NAB employee used unpublished unemployment, retail and trade data obtained through the ABS office to "predict the fluctuations in the Australian dollar". Some $7 million in assets have been seized by officers who were alerted to "suspicious activity" on the foreign exchange market dating back to August last year. More » Reserve Bank foresees short-term gain, longer lasting pain Keating calls for longevity levy to supplement super Packer and Gyngell fined $500 for public brawl at Bondi News Corp revenues fall on struggling Australian papers British bank Barclays announces 19,000 jobs to be cut Green groups question $16b coal mine's returns to Qld Politics More Politics » Former AFP deputy McDevitt named new ASADA chief Former AFP deputy commissioner Ben McDevitt is the new head of ASADA, replacing Aurora Andruska. More » Major parties agree to Senate voting changes ICAC: Ficarra calls own evidence 'unknowingly wrong', cites schnauzer Hockey 'immensely proud' of first budget Keating calls for longevity levy to supplement super Sport More Sport » Benji Marshall set to sign with St George Illawarra St George Illawarra are expected to announce the signing of former New Zealand captain Benji Marshall. More » Former AFP deputy McDevitt named new ASADA chief Viney and Demons ready to take on Bulldogs Real Madrid shows interest in Ryan: Arnold No assault if Jurrah was still playing AFL: Demetriou Scott's number one dream sinks Science and Technology More Science and Technology » Commission of Audit proposal may restrict business innovation By science reporter Jake Sturmer and Alison Branley The brains behind inventions like Boeing's new Dreamliner plane and newborn hearing tests fear similar innovations in the future could be lost if the Federal Government's Commission of Audit proposal to merge industry bodies is implemented. More » Nutrition levels will drop as carbon dioxide rises: study Call to increase black box recording time Samsung ordered to pay Apple $129m over patents CSIRO needs $175m to upgrade ageing buildings: Audit Environment More Environment » Japan continues whaling in north-west Pacific By North Asia correspondent Matthew Carney Japan has resumed whaling in the north-west Pacific for the first time since the UN's highest court banned its scientific program in the Antarctic. More » 10 countries with the world's dirtiest air White House calls for action on climate change Miner's corporate affairs manager developing environmental policy for LNP Nyrstar smelter transformation getting SA Government guarantee 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. 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