ABC NewsMail - Morning Edition

Good morning. Here's what's happening now: The Reserve Bank has given some support to the idea that curbing negative gearing could be a good thing for financial stability. The suggestion is contained in an internal briefing note obtained by the ABC under freedom of information laws A searchable database of more than 200,000 entities found in the Panama Papers investigation has been released, giving an insight into the secretive operations of offshore companies. The database includes personal, company, client and intermediary names Rodrigo Duterte, the controversial mayor who vowed to end crime by killing tens of thousands of criminals, has secured a massive victory in the Philippine presidential elections, according to a poll monitor. With 88 per cent of the vote counted, he had an insurmountable lead of 5.84 million votes over his nearest rival Mercury has made a rare transit across the face of the sun. The planet is too small to see without high-powered binoculars or a telescope. But luckily NASA live-streamed images of the event. You can watch its video here Here's what's coming up: 9:15am AEST: Thousands are expected to turn out for a pro-choice rally at Queensland Parliament in support of decriminalising abortion 10:00am CST: The former NT police commissioner, John McRoberts, is due to face court after being charged with attempting to pervert the course of justice 11:00am AEST: Fairfax journalists are meeting in newsrooms in Melbourne and Sydney to discuss the latest round of job cuts 12:30pm AEST: Shadow treasurer Chris Bowen will set out his reply to the federal budget at the National Press Club Top Stories RBA memo suggests curbing negative gearing 'may be good' The Reserve Bank of Australia gives some support to curbing negative gearing, saying it could be a good thing for financial stability, but the Government dismisses the claim as "unremarkable". 'Sex appeal' MP accused of stabbing Abbott in back One of Tony Abbott's strongest backers openly accuses "sex appeal" MP Fiona Scott of betraying the former PM, amid a backlash from Abbott loyalists who worked on her campaign in the seat of Lindsay. Controversial mayor Duterte wins Philippine presidential election Anti-establishment firebrand Rodrigo Duterte, angrily condemned when he joked about a murdered Australian rape victim, wins the Philippine presidential elections after a campaign dominated by his vows to kill criminals. Panama Papers database goes public A searchable database of more than 200,000 entities found in the Panama Papers investigation is released, stripping away the layers of secrecy shrouding companies, trusts and foundations created in 21 jurisdictions around the world. Mercury makes rare transit across Sun's face Stargazers get a rare opportunity to witness Mercury fly directly across the face of the Sun, a sight that unfolds about once every 10 years, as Earth and its smaller neighbouring planet came into perfect alignment. Labor releases breakdown of schools funding promise Labor releases a seat-by-seat breakdown of its key election promise to pump an extra $4.5 billion into schools in 2018-19. Dodson reignites debate over treaty and constitutional change Influential Indigenous rookie politician Patrick Dodson, who has just been promoted to the Labor frontbench, revives the political debate about constitutional recognition. Musicians in Iran lead cultural transformation A group of former underground musicians in Iran are being allowed to perform in public thanks to a more relaxed political atmosphere. Urgent action needed to protect cosmetic surgery patients, doctors say State and territory health authorities urgently need to tighten regulations governing where anaesthetics can be used, to protect cosmetic surgery patients, leading surgeons say. Strong winds predicted to hit SA Damaging wind gusts of up to 100 kilometres an hour are predicted across South Australia, but the SES says the threat from high tides has reduced in most coastal regions. Russia showcases Syria hardware in Red Square military parade Russia rolls out an air defence missile system of the kind used to protect its base in Syria while jets scream overhead in a showcase of its military war machine through Moscow's Red Square. Rain falls on parched farmland as BoM predicts El Nino's end Heavy rain falls across inland areas of the eastern states, coming as blessed relief for farmers who have been dealing with the drought-like conditions associated with El Nino. Vagina figurines are art, not obscenity, court rules A Japanese court finds an artist not guilty of obscenity for displaying figurines modelled on her vagina, saying they could be considered "pop art". Analysis and Opinion: The Drum The ghosts of deficits past, present and future haunt this election By Chris Berg Labor and Coalition rewrite the campaign playbook By Paula Matthewson Were the last 100 years of growth an aberration? By Ian Verrender Election 2016: Malcolm Turnbull needs to study Bob Hawke's 1984 campaign, and fast By Barrie Cassidy Just In Private member's bill to allow abortion up to nine months May 10, 2016 - 6:24 am Labor releases breakdown of schools funding promise May 10, 2016 - 6:22 am Ancient bubbles in Pilbara evidence of Earth's 'thinner' atmosphere May 10, 2016 - 6:21 am World • Brazil President Dilma Rousseff's impeachment annulled • Drug boss 'El Chapo' Guzman can be extradited to US, Mexican judge rules • Alberta wildfire may be helped by cooler weather Business • RBA memo suggests curbing negative gearing 'may be good' • Banks admit to lending based on false foreign income • NZ identified as pivotal for the rich hiding their money in Panama Papers Politics • Labor releases breakdown of schools funding promise • Will Malcolm Turnbull be enough to save Coalition seats in Victoria? • Brazil President Dilma Rousseff's impeachment annulled Sport • AFL to call on fans to decide on controversial shot clock • Platini ban appeal fails, will quit as UEFA president • Adam Blair one of the NRL's dirtiest players, Tallis says Science and Tech • Mercury makes rare transit across Sun's face • Facebook face-tagging in photos targeted in lawsuit • SpaceX successfully lands booster after satellite launch Environment • Royal commission final report urges SA to pursue nuclear waste dump • NSW to refund 10 cents for cans under new scheme • More corals die in northern Great Barrier Reef Follow ABC News About this email You received this email because you are subscribed to ABC News email alerts. 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