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NewsMail Morning Edition Mon 15 Dec, 2014 Top Stories More Top Stories » Mid-year budget update to see foreign aid slashed again By political reporter James Glenday Treasurer Joe Hockey will slash foreign aid and reveal a massive blowout in this year's deficit when he hands down his mid-year budget update today. More » Choice consumer survey points to economic 'pessimism' Australian woman facing death penalty in Malaysia appears in court Bushfire in Perth's north-east controlled, no homes believed lost Wandering mud crab sparks intruder alarm in Brisbane home Former US vice president Cheney defends CIA interrogation methods US citizen enters North Korea, slams US government Archaeologists unveil ancient statue of pharaoh Amenhotep III Israel scrambles warplanes over Hamas parade drone Coal communities trying to survive the mining slowdown More Analysis » MYEFO: time to face up to some realities As Joe Hockey prepares to release the Mid-Year Economic and Fiscal Outlook (MYEFO) it is imperative to face some basic realities. Both sides of politics have made huge, mostly unfunded, expenditure commitments and also foreshadowed lower personal and business taxes. This simply doesn't add up. Instead of concentrating on undeliverable, short-term political promises about the budget, we should create an overarching strategy that incorporates the restructuring of our Federation and tax system. More » Defence of Credlin a career-limiting move? Farewell Faulkner: long may you live to annoy Manus Is: a foreseeable death that shames Australia This GP price signal will work - that's frightening Studios take copyright hypocrisy to the mad max Santagate: a guide to talking to children The dark side of American exceptionalism Vale Beakie - everything a teacher should be Tony Abbott is not the problem Just In More Just In » Shehzad, Afridi star as Pakistan crushes New Zealand in ODI Pakistan beat New Zealand by 147 runs in the third ODI on the back of brilliant performances by Ahmed Shehzad and Shahid Afridi. More » Melbourne police killer Jason Roberts makes fresh bid for freedom Australia's future with China lies beyond raw material sales Wandering mud crab sparks intruder alarm in Brisbane home Disability support provider Liviende goes into administration Archaeologists unveil ancient statue of pharaoh Amenhotep III Germany beats Pakistan to win Champs Trophy, Kookaburras third Israel scrambles warplanes over Hamas parade drone Family faces financial ruin after unwittingly buying Mr Fluffy house Turkey arrests media in raids against 'terrorists network' World More World » Archaeologists unveil ancient statue of pharaoh Amenhotep III Archaeologists unveil a restored colossal statue of Amenhotep III that was toppled in an earthquake more than 3,000 years ago at Egypt's famed temple city of Luxor. More » Israel scrambles warplanes over Hamas parade drone Turkey arrests media in raids against 'terrorists network' US citizen enters North Korea, slams US government Death toll in Indonesian landslide rises to at least 32 Shinzo Abe cruises to easy election win in Japan Business More Business » Mid-year budget update to see foreign aid slashed again By political reporter James Glenday Treasurer Joe Hockey will slash foreign aid and reveal a massive blowout in this year's deficit when he hands down his mid-year budget update today. More » Choice consumer survey points to economic 'pessimism' Federal Government strikes new deal with Telstra to deliver NBN Coal communities trying to survive the mining slowdown Glenn Stevens talks down dollar, downplays rate cuts and slams politicians Local market ends bad week on low note Politics More Politics » Israel scrambles warplanes over Hamas parade drone The Islamic militant group Hamas stages a show of strength to mark its anniversary, with a military parade through Gaza including a flyover by a drone which put Israel on alert. More » Turkey arrests media in raids against 'terrorists network' US citizen enters North Korea, slams US government Mid-year budget update to see foreign aid slashed again Shinzo Abe cruises to easy election win in Japan Sport More Sport » Adam Scott denies putting problems after failing to seal PGA win Adam Scott has denied his long-handled putter is at fault after a frustrating Australian PGA playoff loss. More » De Gea stars in United's sixth successive win Clarke backs Haddin as captain in his absence Greg Chalmers wins Australian PGA title on seventh playoff hole Phillip Hughes's brother scores symbolic 63 in Sydney club game Wanderers swept away at Club World Cup Science and Technology More Science and Technology » Geminids asteroidal meteor shower to peak tonight By Rachael Brown Australians should keep their eyes peeled for an impressive light show on Sunday night, astronomers say. More » Aussie babies find it easier to understand Canadians, study finds CSIRO has 'cut into the bone', chairman says Artificial skin gives people with prosthetic limbs sense of touch Hour of Code: Australian students explore computer science Environment More Environment » Lima talks agree on paths to 2015 climate deal UN members meeting in Lima reach an agreement to tackle climate change after negotiations run into a second day of extra sessions. More » Hopes of climate commitments fade as Peru talks extended Major oil spill threatens world's largest mangrove forest Australia's damage bill for extreme natural disasters could top $1 trillion Seeney orders removal of climate change references from council plan 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. This email address is not monitored - Please don't reply to this email. Manage your preferences | Unsubscribe | Contact Us   This service may include material from Agence France-Presse (AFP), APTN, Reuters, AAP, CNN and the BBC World Service which is copyright and cannot be reproduced. Australian Broadcasting Corporation, 700 Harris Street, Ultimo NSW 2007 © 2014 ABC | Conditions of Use | Privacy Policy | Discover other ABC Email newsletters