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NewsMail Morning Edition
Mon 15 Jun, 2015

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Abbott rebuffs Indonesian questions on people smuggler cash claims

The PM rebuffs Indonesia's request for a response to claims Australian officials paid a people-smuggling crew money to turn back to Indonesia, while continuing to dodge questions on the allegations.

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The Drum

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The banks and real estate: a Ponzi scheme that could ruin us?

Madness has gripped Sydney's and parts of Melbourne's property market; a malaise that, if allowed to continue, could have dire consequences for the nation.

So far, much of the debate has been around affordability creating a class system, but of greater concern is the role our banks have played in all of this.

The more money the banks pumped in, the higher real estate prices rose. The higher the prices, the more that was needed in loans; a business model of rare beauty that some call a Ponzi scheme.

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Just In

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Carrot beer on offer after Queensland craft brewer teams up with farmer

Beer and carrots do not usually go hand-in-hand, but an unusual bright orange brew has been successfully blended from produce out of the Scenic Rim, south of Brisbane.

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World

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Australia blasts through Windies to win second Test by 277 runs

Another dominant bowling performance leads Australia to a comprehensive 277-run win over the West Indies at Sabina Park and a 2-0 series triumph.

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Business

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Rental growth slowest on record says CoreLogic RP Data

A surge in property investment has seen rents post their slowest annual growth on record according to one leading private index.

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Politics

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Alcohol, gambling restriction trial 'not thought through': NSW Labor

State Labor expresses "enormous reservations" about a potential trial of alcohol and gambling restrictions in the New South Wales town of Moree.

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Sport

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Australia blasts through Windies to win second Test by 277 runs

Another dominant bowling performance leads Australia to a comprehensive 277-run win over the West Indies at Sabina Park and a 2-0 series triumph.

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Science and Technology

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'Hello Earth': Space probe Philae wakes up

The European space probe Philae, thought lost, has woken up after a seven month-long sleep hurtling towards the sun on the back of a comet, the European Space Agency says.

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Environment

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Landcare co-founder Phillip Toyne dies

Indigenous advocate and co-founder of the national Landcare program, Phillip Toyne, dies at the age of 67.

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