ABC NewsMail - Afternoon Edition

Good afternoon. Here's what's happening now: The official interest rate has been cut to a record low of 1.5 per cent this afternoon. The Commonwealth Bank is only passing on half the cut Australia's oldest Olympian Forbes Carlie has died at the age of 95. While he was best-known as a pioneering swimming coach, Carlile represented Australia in modern pentathlon at the 1952 Helsinki Games A sinkhole has swallowed parts of a backyard of a home in Ipswich in Queensland. The sinkhole was only a metre wide when it appeared this morning, but it has now increased to about eight metres in diameter Ever wondered how much an Olympic gold medal is really worth? Unfortunately for our athletes in Rio, the answer is not much. Here's what's coming up tonight: 5:00PM AEST: Former Olympic swimming champion Shane Gould will be interviewed on PM on Radio National 6:30PM AEST: Erin Brockovich will attend a community meeting with residents affect by water contamination in Oakey, Queensland 9:30PM AEST: Lateline will look at the future of casinos, with signs they are struggling with younger generations Top Stories Interest rates cut to fresh record low of 1.5pc, CBA passes on half The Reserve Bank cuts the official interest rate to a fresh low of just 1.5 per cent, with one economist saying the board would have been "dragged kicking and screaming" into the decision. The Commonwealth Bank is only passing on about half the rate cut to mortgage holders. Hospital engineer stood down over baby-gassing tragedy An engineer at a Sydney hospital is stood down over an oxygen mix-up that left one baby dead and another with suspected brain damage, as NSW Health announce they will no longer use the company that installed the gas lines. Battle of the billionaires: Buffett takes aim at Trump over tax returns Billionaire investor Warren Buffett accuses Donald Trump of being afraid to let voters see his tax returns, and says he will personally drive people to polling stations to vote against him. Fears patients at another two Sydney hospitals given wrong chemo doses Fresh cases of suspected chemotherapy under-dosing in the New South Wales public health system are being investigated, this time at Sydney's Sutherland and St George hospitals. Man charged over Lynette Daley death chased after bail hearing An ambulance is called to chaotic scenes outside a northern New South Wales court after two men charged over the death of Aboriginal woman Lynette Daley are granted bail. Royal commission hears horrifying evidence of abuse in Newcastle Anglican Diocese In harrowing testimony to a royal commission hearing in Newcastle, an abuse survivor describes how Father Peter Rushton (pictured) cut his back with a knife to symbolise Christ's blood while he raped him. Sinkhole swallows part of Ipswich backyard A sinkhole filled with swirling water opens up in the backyard of a home in Ipswich, west of Brisbane. Man who killed homeless man in unprovoked attack jailed Robert John Marshall is sentenced to 20 years' jail for bashing homeless man Christian Williams (pictured) to death at a Melbourne park two years ago. 'Pay it forward': Good Samaritan leaves $10 in hospital car park A mum visiting Adelaide's Women's and Children's Hospital is moved by a stranger's "random act of kindness" in leaving money on a parking meter for someone in need. Reggae brings healing to war-torn South Sudan As the world's newest nation teeters on the brink of civil war, the young people of South Sudan are pushing back, seeking peace through music and the power of radio. Australia's oldest Olympian Forbes Carlile dies at 95 Legendary swimming coach and Australia's oldest Olympian, Forbes Carlile, has died at the age of 95. Talks to appoint Indigenous co-commissioner in works before resignation: Brandis Attorney-General George Brandis says the appointment of an Indigenous royal co-commissioner into youth justice in the Northern Territory was being considered by the Prime Minister last week. Apple swaps its revolver emoji for a water pistol Female athletes and a rainbow flag are among the latest emoji to be released for iPhones and iPads, while the pistol emoji undergoes a controversial redesign. Analysis and Opinion: The Drum With a global economy in serious trouble, something's got to give By Ian Verrender What justice reinvestment can do for juvenile offenders By Brooke Boney KevUN16? Not a chance, it turns out By Annabel Crabb The redemption of Hillary Rodham Clinton By Bruce Wolpe Just In Whale expert urges cautious approach to dives with 'cantankerous' humpbacks August 2, 2016 - 4:11 pm Doctor who tied up young patient seeks hearing in higher court August 2, 2016 - 4:05 pm Boomer Bogut has another chop at Rio Olympic Village August 2, 2016 - 4:05 pm World • US constitution sales soar after Khan speech challenging Trump to read it • Palestinian designer for rich and famous pops up in West Bank • #CanYouHearUsNow: Muslim women call out Trump Business • Interest rates cut to fresh record low of 1.5pc, CBA passes on half • Trade deficit blows out to $3.2 billion, building approvals slump • Seven West Media warns softer market conditions to impact future earnings Politics • Mystery donor saves NT charity school attendance service • #CanYouHearUsNow: Muslim women call out Trump • Barr cleared of wrongdoing in real estate video endorsement Sport • What is an Olympic gold medal really worth? • Australia's oldest Olympian Forbes Carlile dies at 95 • Virus-laden water prompts renewed warnings to Olympic athletes Science and Tech • Mars gullies not caused by flowing water: NASA • Nutritional scientists call for new way to define balanced diet • Jack White label plays first vinyl record in space Environment • What to do with the Snowy Mountain brumbies • Virus-laden water prompts renewed warnings to Olympic athletes • Wildlife thrives in SA's Flinders Ranges Follow ABC News About this email You received this email because you are subscribed to ABC News email alerts. 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