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Tue 07 Oct, 2014

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Fears of massacre as Islamic State militants enter key border town

Islamic State fighters tightened their grip on a key Kurdish town on the Syria-Turkey border, sparking fears of a massacre after coalition air strikes failed to hold them off.

A black Islamic State flag was seen over a building on the outskirts of the town, which has been under siege by the radical Sunni militant group for the last there weeks.

Street-to-street fighting was underway as Kurdish fighters desperately tried to hold the militants at bay.

Officials inside the town said it was in serious danger of falling, and all civilians had been ordered to leave with the fighting triggering an exodus of more than 180,000 refugees into Turkey.

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The Drum

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Can we really afford to go to war?

The mundane reality is that military intervention in Iraq is a public policy decision like any other and has to be paid for with scarce funds. But is a "war tax" the best move?

We're told the mission could cost about half a billion dollars a year and take "many months", but military action is notorious for blowing out.

An old military saying is amateurs talk strategy, professionals talk logistics. Given the state of the Commonwealth budget, perhaps we ought to start talking finance first.

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Just In

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Government scales back plan to make unemployed apply for 40 jobs a month

The Federal Government is abandoning a draft plan to require unemployed people to apply for 40 jobs a month in order to keep receiving the dole.

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World

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Spectators narrowly escape tumbling car at Italy's Jolly Rally

Spectators at the Jolly Rally in Italy's Valle d'Aosta had a lucky escape when a car left the track and crashed into a bank of spectators.

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Business

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BHP Billiton to cut iron ore costs

BHP Billiton has raised the stakes in the ongoing war of attrition in global iron ore with a plan to slash costs and lift production.

The world's biggest miner is going head to head with arch rival Rio Tinto for global domination that in recent months has seen prices plummet, threatening to send smaller, higher cost suppliers to the wall.

BHP Billiton Iron Ore president Jimmy Wilson this morning announced the company planned to add a further 65 million tonnes of annual production to an already flooded market, with ambitions to become the lowest cost producer.

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Politics

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Former minister urges caution on cashless welfare card

Former Liberal Indigenous affairs minister Fred Chaney says the Federal Government should be cautious about any plans for a new cashless welfare card.

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Sport

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Suns secure free agent Malceski

The Gold Coast Suns have signed Sydney Swans premiership defender Nick Malceski.

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Science and Technology

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Discoverers of brain's GPS system awarded Nobel Prize for Medicine

Anglo-American John O'Keefe and Norwegian couple May-Britt and Edvard Moser have won the 2014 Nobel Prize for Medicine for discovering the brain's internal positioning system, helping humans find their way and giving clues to how strokes and Alzheimer's affect the brain.

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Environment

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Reef agency insiders say cuts undermining conservation

Recently departed directors of the Great Barrier Reef Marine Park Authority (GBRMPA) are warning budget cuts, the loss of key staff, and a lack of leadership is undermining the agency's ability to protect Australia's greatest natural wonder.

In exclusive interviews with the ABC, three former senior directors have explained their reasons for accepting voluntary redundancies in the wake of an internal restructure and a $2.8 million Federal Government cut to GBRMPA's budget.

In total, five directors and a dozen other staff have decided to take a package and leave, in what some are calling the biggest loss of expertise in the authority's history.

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