ABC NewsMail - Afternoon Edition

Good morning. Here's what's happening now:

  • Almandin has narrowly won the Melbourne Cup ahead of Heartbreak City. It's the fifth win for owner Lloyd Williams and the second win for jockey Kerrin McEvoy. The race favourite Hartnell came third

  • The Reserve Bank has left interest rates on hold at a record low 1.5 per cent for the third straight month. New governor Philip Lowe said in a statement afterwards that house prices had been "rising briskly" in some markets

  • Family First senator Bob Day has tendered his resignation, effective immediately. Pressure had been mounting on him to resign as his construction company Home Australia went into liquidation

Want to know how Almandin compares to past Melbourne Cup winners? Scroll through our virtual race to see.

Here's what's coming up:

  • 5:30pm AEDT: The panel on The Drum includes Jonathan Green, Miriam Lyons and Warren Mundine

  • 8:00pm AEDT: Catalyst will look at the latest in medicinal cannabis scientific research

 
Top Stories
Live: Almandin wins 2016 Melbourne Cup in thrilling finish
Lloyd Williams' Almandin, ridden by Kerrin McEvoy, wins the 156th Melbourne Cup at Flemington, narrowly taking the victory from Heartbreak City in the race that stops the nation. Follow live.
 
Melbourne Cup 2016 results: The full finishing order
The 156th Melbourne Cup has been run and won, by Almandin. View the final results and profiles of all the runners.
 
Almandin wins Melbourne Cup for Lloyd Williams
Lloyd Williams' imported horse Almandin wins the Melbourne Cup, beating Irish horse Heartbreak City in a tight finish to give Williams his fifth Cup winner.
 
Reserve Bank keeps rates on hold, cites 'brisk' home price growth
The Reserve Bank leaves interest rates on hold at a record low 1.5 per cent for the third straight month.
 
Why Gen Y should jump in and buy a house
Amid the emotional debate around property bubbles and unaffordable housing, there are sound financial reasons to become a home owner.
 
Family First senator Bob Day resigns
Family First senator Bob Day tenders his resignation, effective immediately, a fortnight after his construction company Home Australia went into liquidation.
 
Melbourne man jailed in US for 12 years over child sex charges
Melbourne IVF geneticist Michael Quinn, who was caught in a US hotel room attempting to pay $US260 to rape a six-year-old boy, is sentenced to 12 years' jail with his actions described by the judge as "ghastly" and "despicable".
 
Investigators re-enact fatal Dreamworld ride with dummies
Police investigators and the state coroner are re-enacting last week's Dreamworld tragedy which claimed four lives at the Gold Coast theme park.
 
Horse bolts in Sydney peak-hour traffic
A horse being pursued by police has stopped peak-hour traffic on Sydney's busy Oxford Street after running free from its rider in Centennial Park.
 
Asylum seeker ban could affect those already in Australia: Bishop
Foreign Minister Julie Bishop says contentious changes to visa laws are not aimed at refugees or asylum seekers already in Australia, but has not ruled out that some may be deported.
 
Lack of listings sends Sydney, Melbourne home prices through the roof
Home prices in Australia's big east coast cities show no sign of slowing, with the latest CoreLogic figures pointing to an average 0.5 per cent gain across the nation last month.
 
'Wholly void' election of Aboriginal member a 'landmark case'
A legal expert says the controversy embroiling the newly elected Member for Nhulunbuy Yingiya Mark Guyula could be a landmark case that highlights the clash between Australian and Aboriginal laws.
 
Oncologist in chemo scandal says other doctors gave low doses
The oncologist at the centre of the St Vincent's Hospital chemotherapy scandal, John Grygiel, says other specialists were giving low doses of chemotherapy to patients.
 
Mexican forests paying the price for avocados
While Australian millennials are forfeiting their house deposits to pay for smashed avocado, elsewhere in the world authorities are worried about how much forest land is being lost to make way for orchards of the popular fruit.
 
Analysis and Opinion: The Drum
By business reporter Andrew Robertson Why Gen Y should jump in and buy a house
By business reporter Andrew Robertson
By Middle East correspondent Matt Brown Lebanon has a new president — but it is not the start of a new era
By Middle East correspondent Matt Brown
By Bruce Wolpe October surprise jolts Clinton campaign
By Bruce Wolpe
By Antoinette Lattouf Can Dreamworld's leaders save the now-maligned theme park?
By Antoinette Lattouf
 
Just In
Losing a house all in a day's work for professional gambler
November 1, 2016 - 3:52 pm
Former ADFA cadet has rape conviction overturned
November 1, 2016 - 3:50 pm
Almandin wins Melbourne Cup for Lloyd Williams
November 1, 2016 - 3:19 pm
 
World
Factory activity boost strengthens hopes for China's economy
Thirteen dead, 20 missing in China coal mine explosion
Policeman saves kid playing in traffic in China
 
Business
Reserve Bank keeps rates on hold, cites 'brisk' home price growth
Lack of listings sends Sydney, Melbourne prices through the roof
Factory activity boost strengthens hopes for China's economy
 
Politics
Family First senator Bob Day resigns
Australia considers joint patrols with Indonesian Navy
Asylum seeker ban could affect those already in Australia: Bishop
 
Sport
Live: Almandin wins 2016 Melbourne Cup in thrilling finish
Almandin wins Melbourne Cup for Lloyd Williams
Vettel's Mexico GP outburst due to frustration with Ferrari
 
Science and Tech
Nightmare Machine is being taught how to scare us
Lyme disease does not exist in Australia, report says
Would you change your name for a free phone?
 
Environment
Victoria's Premier to head taskforce planning for Hazelwood's closure
Streets reopen after gas leak emergency in Brisbane
Energy security, cashless welfare cards to dominate Turnbull's SA visit
 

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