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Wed 24 Sep, 2014

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Man who made threats against PM shot dead, police stabbed

An 18-year-old man who made threats against the Prime Minister has been shot dead after stabbing two police officers from the Joint Counter Terrorism team in Melbourne's outer south-east.

The ABC understands the dead man, who recently had his passport cancelled, was considered a "person of interest" by authorities and was being investigated over terrorism.

The incident occurred as the man arrived at a police station on Heatherton Road in Endeavour Hills about 7:40pm (AEST) on Tuesday.

He had been asked to attend an interview as part of an investigation. Police would not go into detail about why they wanted to speak to the man.

AFP Commander Bruce Giles said officers were looking into unconfirmed reports the man had been seen with an Islamic State flag before he was shot.

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The Drum

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Strap yourselves in, this could get bumpy

In the past week the Australian economy has come under the microscope of foreign investors, and they don't like what they see.

China's growth is waning, the joy of the mining boom is over and a declining dollar will increase the price of our imports.

With China slowing down, Australians must remind themselves of life in an economy where income growth and increased standards of living don't come easy.

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Just In

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Cameron overheard saying Queen 'purred' at Scottish No vote

Britain's monarch is famously above politics, but prime minister David Cameron was overheard saying Queen Elizabeth had "purred" with happiness when he phoned her to tell her Scotland had voted to reject independence.

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World

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Cameron overheard saying Queen 'purred' at Scottish No vote

Britain's monarch is famously above politics, but prime minister David Cameron was overheard saying Queen Elizabeth had "purred" with happiness when he phoned her to tell her Scotland had voted to reject independence.

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Business

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Nearly a third of ASX companies face financial catastrophe: report

An analysis of 16,000 annual reports has revealed nearly a third of Australia's listed companies are fragile and at risk of financial catastrophe.

The report by professional accounting body CPA Australia showed more alarm bells were ringing now than during the depths of the global financial crisis in early 2009.

The research, conducted between 2005 and 2013, said the red-flagged companies were exposed to the dual risks of the end of the mining investment boom and an unexpected slowdown in China.

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Politics

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Cameron overheard saying Queen 'purred' at Scottish No vote

Britain's monarch is famously above politics, but prime minister David Cameron was overheard saying Queen Elizabeth had "purred" with happiness when he phoned her to tell her Scotland had voted to reject independence.

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Sport

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Inglis chasing first official NRL title

Souths superstar Greg Inglis is still chasing his first premiership after being stripped of his 2007 and 2009 titles.

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Science and Technology

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New Psychiatric Association president urges focus on women's health

The first Australian to be elected president of the World Psychiatric Association says she wants to put a focus on women's mental health issues.

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Environment

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Fact check: Abbott exaggerating India's record on nuclear non-proliferation

A new bilateral agreement signed by Prime Minister Tony Abbott in early September will allow Australia to sell uranium to India for the first time.

In defending the agreement, Mr Abbott said: "India has an absolutely impeccable record when it comes to nuclear non-proliferation."

ABC Fact Check investigates.

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