ABC NewsMail - Morning Edition

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NewsMail Morning Edition
Fri 07 Nov, 2014

Top Stories

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Australia close to finalising $1b beef export deal with China

One million Australian cattle worth $1 billion are set to be exported to China each year, under a new trade deal being finalised between the two countries.

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The Drum

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Politics in a different key

There's no doubt about the Kiwis. Sometimes - well often in fact - they show a political maturity streets ahead of their cousins across the ditch.

When it comes to the threat of IS, their (conservative) prime minister John Key speaks of the longer term strategy and addressing root causes of extremism.

That's something that gets precious little attention from the major parties in Australia.

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Just In

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Spurs take the points away to Asteras Tripolis

In-form Harry Kane helped Tottenham to victory in the Europa League, as Celtic and Inter Milan had to settle for draws.

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World

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ICC not taking action over Israel's deadly Gaza flotilla raid

The International Criminal Court will not launch a prosecution over Israel's raid on a Gaza-bound flotilla in 2010 in which 10 Turkish activists died.

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Business

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Scrapping negative gearing 'would save Government billions'

Senior economists suggest the Federal Government should scrap negative gearing, a move that would save $5 billion in the first year.

Negative gearing allows property investors to claim expenses for a rental property including interest payments, repairs and council rates to reduce tax paid on any other income.

Ratings agency Moody's estimated that negative gearing has pushed up property prices by 9 per cent, and the Reserve Bank said the composition of the housing and mortgage market had become "unbalanced", with new lending to investors "being out of proportion".

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Politics

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Lambie vows to oppose bills until ADF pay offer boosted

Party United Party senator Jacqui Lambie is vowing to oppose all government legislation in the Senate until a better deal on pay and benefits for Australia Defence Force (ADF) personnel is reached.

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Sport

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World Cup irrelevant ahead of Wales clash: Cheika

Wallabies coach Michael Cheika insists the result of the Test against Wales will have no relevance on the 2015 World Cup.

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Science and Technology

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Branson's space dream lives despite Virgin Galactic crash

The Virgin Galactic tragedy has not dimmed Sir Richard Branson's push to pioneer private space travel.

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Environment

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Political fixes a threat to environment and prosperity: researchers

Some of the nation's top scientists warn short-term political fixes pose a threat to both the environment and the nation's future prosperity.

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