ABC NewsMail - Morning Edition

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NewsMail Morning Edition
Thu 30 Oct, 2014

Top Stories

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Deal with Clive Palmer sees Government salvage Direct Action

Tony Abbott's plan for a $2.5 billion Direct Action emissions reduction fund is set to pass the Senate, as the Government agrees to Clive Palmer's demand that it keep the Climate Change Authority.

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The Drum

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Will Murdoch's great unwashed youths rise up?

Rupert Murdoch's warning of the "inevitable social and political upheavals to come" might very well be spawned from the masses of underemployed youth.

These jobless youths are across the country, in regional centres stripped of life and purpose, in outer suburban sweeps detached from the jobs, infrastructure and resource lifeblood of the cities.

The result may be illness, anger, despair and perhaps jihad ... but it might also be a broader sense of unrest and deep dislocated disturbance for a generation left in Team Australia's dust.

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Just In

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Benjamin Netanyahu offended by reported US slur

Israel's prime minister Benjamin Netanyahu has been offended by the publication of a slur against him in a high-profile US magazine.

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World

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Benjamin Netanyahu offended by reported US slur

Israel's prime minister Benjamin Netanyahu has been offended by the publication of a slur against him in a high-profile US magazine.

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Business

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US Federal Reserve ends quantitative easing program

The US Federal Reserve ends its quantitative easing stimulus program after six years of pumping money into the economy via asset purchases to shore up growth.

The move to end the practice signals confidence the US economic recovery will remain on track despite signs of a slowdown in many parts of the global economy.

At its peak, the bond buying program pumped $US85 billion a month into the US financial system.

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Politics

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Chinese ex-premier ranked among China's top givers

Former Chinese premier Zhu Rongji has become the first senior politician to be listed among the country's top philanthropists, a survey shows.

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Sport

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Smith batting three in second Test is a fantasy: Clarke

Australian captain Michael Clarke says Steve Smith is a rising star, but he is not a Test number three just yet.

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Science and Technology

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PM's science prize winner warns 'best and brightest' will leave

One of the winners of the PM's science award has warned that the nation could lose its best and brightest minds to overseas institutions, due to funding cuts.

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Environment

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Sydney's drinking water 'at risk' from mine expansion

Greater Sydney's drinking water could be at risk, if a proposal to expand coal mining operations underneath one of the state's most valuable catchments, is approved.

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