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Tonight - chaos come

September, but for now it's an

APEC love-in. Both being Sydney

boys, we intend to make sure it

works and works to the great

credit of our city. The child

abuse case that helped change

New Zealand law. Australia gets

another grim warning on climate

change. And money talks - TV's

new stars catering to the

cashed up. The share market is

rising, is it too high or too low?

Good evening. Juanita

Phillips with ABC News. There

were smiles all round today,

but it might be a different

story when the APEC summit

actually happens in September.

The PM and a previously

reluctant Premier promised to

do their utmost to ensure the

gathering of Asian and Pacific

leaders is a success. Of course

there is a price to pay -

Sydneysiders have already been

warned of road closures, lock

downs and interruptions to the

mobile phone network. While

John Howard is hopeful of

keeping the harbour bridge

open, parts of the city's rail

network will definitely be

shutting down for the

duration. The slanging match

over APEC appears to be

over. Both being sthee boys, we

intend to make sure that itd

works and works to the great

credit of our city. It was a

different story just weeks ago

when the deputy Premier said

the meeting would inconvenience

hundreds of thousands of people

and be of no benefit. Canberra

is our capital city, Canberra

is where APEC should have

gone. Today, the Premier had a

different tune. He said APEC

would pay big dividends in

tourism and business. The

world's media here, the world

leaders here their officials,

it is a unique opportunity for

Sydney. The PM concedes there

will be disruptions. He

announced the city circle rail

line would be closed during the

3-day leader's meeting. Railway

station closures will be

limited during the period of

the conference, that's, Friday,

Saturday and Sunday, to St

Jame's, Circular Quay and

museum stations. Travellers are

unimpressed. It will be a

disaster. Might be a nuisance

if going to the theatre. John

Howard is hopeful the Sydney

Harbour Bridge will stay open

with no repeat of February's

traffic chaos when it was

closed for Dick Cheney. The PM

says he intends to enjoy a beer

with some leaders and a boat trip on the harbour rather than

across it appears to be on the

cards. Protesters will be kept

well away from visiting leaders

with parts of the city closed

off. Reports that mobile phone

coverage will be disrupted in

the vicinity of US President

Bush have been dismissed. What

the leaders will be wearing

though is still a state

secret. All I can say is it

will have a distinctly

Australian flavour. Only hint,

an official APEC tie. Parents

who smack their children will

soon be breaking the law in New

Zealand. Tough new legislation

was approved tonight, pushed

along by a high profile child

abuse case. The ABC's Peter

Lewis reports. And a warning -

his story contains some

disturbing images. The passage

of this legislation comes too

late to save 3-year-old

Ngatikaura Ngati. In an

unusual move, a judge is

encouraging us to show shocking

images of a child abuse victim.

The judge believes publicly showing such strong evidence of

child abuse may do good and

galvanise people. Boy's mother

and her partner are awaiting

sentence after being convicted

of beating the little boy to

death. During their trial, the

court heard how the pair used

baseball bats and a vacuum

cleaner pipe to inflict

injuries to every part of his

body. They were found guilty of

manslaughter and wilful

ill-treatment and failing to

seek lifesaving medical

care. Keep your hands off your

kids. Don't hit them. It's not

on. New Zealand has the third

worst record of these kind of

child killings in the

OECD. This prompted Green party

MP Sue Bradford to introduce a

private member's bill which

removes from the New Zealand

Crimes Act the statutory

defence of reasonable force in

disciplining children. Every

day in this country there are

dreadful injuries being

inflicted on children and

people need to release this is

what happens in the name of

child discipline. The bill's

opponents succeeded in removing

an amendment, giving police

discretion to charge parents

for inflicting a light smack.

Britain has seen nothing like

it since the death of die ana,

Princess of Wales. For nearly a

fortnight, the country has

lived and breathed the

mysterious disappears of

Madelein McCann, a 4-year-old

girl abducted from a holiday

unit in Portugal. As Stephanie

Kennedy reports, police are finally identified a

suspect. 13 days ago, at a

popular Portuguese holiday

resort, Madelein McCann was

snatched from her bed while her

parents were 50m away at the

resort's restaurant. Since

then, almost every day, Kate

McCann has appeared holding

Madeline's favourite cuddly

teddy, a reminder of the

terrible strain the tragedy is

taking on the family. As far as

we are concerned, until there

is concrete evidence to the

contrary, we believe Madeline

is safe and being looked

after. We can't even consider

returning home at the moment.

Absolutely can't let it enter

my head. Madeline's abduction

has sparked intense media

coverage in both Britain and

Portugal. As we go on air,

police investigating the

disappearance of Madelein

McCann in Portugal are

preparing to give a press

conference. The daily pictures

of the McCann family have torn

at the heart strings of Britain. Multimillion-dollar

awards have been offered and

high profile celebrities, like

David Beckham, have made

appeals. Please, could you go

to your local authorities or

police and give any information

that you have. The Portuguese police have been under fire for

botching the initial search.

Now, just 80m from where

Madeline was abducted on the

edge of the resort, police have

been searching a vila. It's

owned by British woman Jenny

Murat. She set up a stall

appealing for information. Her

son, Robert, is now a suspect.

For the past fortnight he's

acted as a translator in the

police inquiry. He's a lovely

guy. His mother says on that

night the kid disappeared they

were in the house together all

night. No charges have been

laid and the missing girl's

fate is still a mystery. The

convicted child killer Kathleen

Folbigg has been given

permission to ask for her case

to be reopened. The Hunter

Valley woman is serving a

30-year sentence for the murd

of three of her children and

the manslaughter of a 4th. The

lawyers want to open an appeal

against her conviction on the

grounds a juror may have

researched her history on the

Internet. The Court of Criminal Appeal ruled it does have the jurisdiction to hear the

application to re-open the

appeal. The case will return to

court later this month. An Auditor-General's report has

found serious discrepancies in

the accounts of a division of

Macquarie University in Sydney.

The report revealed that travel

and entertainment expenditure

at Macquarie's International

Office appeared excessive and

some monies was spent on

personal items. The

Auditor-General also expressed

concern over numerous conflicts

of interest. The university's

vice chancer has notified the

Independent Commission Against

Corruption. There are a lot of

different issues covered by the

Auditor-General. Some of the

amounts are large - tens of

thousands and more. The

auditor's report found former

vice chancer Di Yerbury had

officially taken only 30 hours

recreation leave during her 19

years in the job and picked up

1.5 years holiday pay when she

resigned. A major report by

the CSIRO has found that Australia's vital

infrastructure is acutely

vulnerable to the impact of

climate change. It says higher

temperatures and more extreme

weather conditions will

potentially cause havoc with

water catchments, power slys

and transport networks. This

report was commissioned by the

Victorian Government, but the

findings apply across the

country. According to the

CSIRO, the trend that has seen

Victoria notch up its dryiest

year on record is set to

continue to dire consequences.

It's predicting temperatures

will rise by up to 1.5 degrees

by 2030 and warns a host of

other weather conditions will

play havoc with infrastructure. Dryier ground,

more storm surges and flooding,

potentially stronger winds,

those and a host of other

climatic changes could

impact. And the CSIRO report

says essential services will

become more vulnerable to

damage from hotter

temperatures, bushfires, storms

and floods. We've got a drying

trend that may continue in

certain parts of the state.

When rain does come, it's

likely to come in down pours so

flooding could be a problem

there. And researchers say

other states face a similar

outlook. Clearly implications

for Australia. Where say in

Victoria you don't have the

impact of cyclones, but an

increase in cyclones in Queensland. The Victorian

Government says urgent action

is needed. It's again calling on the Federal Government to

introduce the national

emissions trading scheme, a

call backed by the Federal Opposition. The consequence of

11 years of inaction is a

report like this, which points

out clearly that Victoria will

literally be a different state

if these climate change risks

are released. But the Federal

Government says Australia is a

world leader in climate

change. This is a challenge

where misjudgment and

overreaction could be very

expense ive for Australians and

commit. The PM's task group on

emissions trading will release

a report at the end of this

month. The experts warn that

the drought is also creating a

mental health crisis among

struggling farmers. Rural, health and welfare

organisations met in Melbourne

today to decide how best to

join forces in the battle

against depression in the

bush. Glenn Manning is one of

many farmers who found

themselves unable to cope with

the financial crisis on their drought-ravaged land. For the

first time in our life we

couldn't pay our bills. It was

a harsh reality. I went down

hill from there. Eventually he

sought help, but experts say

many don't because of isolation

and a sense of pride. The

stoicism, you dig deeper and

work harder has been there.

It's well-known amongst farmers

that you just do it. You do it

tough and keep going. 50 rural

and welfare organisations met

in Melbourne to discuss how

best to tackle depression in

the bush and warn the crisis

sparked by the drought is unprecedented. There hasn't

been the same intensity, the

same need that we're seeing in

2007, probably ever

before. We're seeing

separations going sky high,

divorces, wives just leaving,

children going to school

without appropriate clothing or food. Conference hopes to

create a more coordinated

approach by plugging gaps in

services and eliminating

duplication. Glenn Manning says

it's up to depressed farmers to

take the first step also. I

would like to let farmers know

there is people out there to

help them. They are not on

their own. A sentiment echoed

by conference organisers who

say up to two-thirds of the

country's farmers are

struggling with the financial

affects of drought. Gunmen

linked to the Hamas faction

have stormed a house in Gaza

killing five members of the

rival Fatah group. Earlier, at

least 16 people died on the

worst day of bloodshed since

the two sides formed a unity

Government in March. In the

most deadly incident, eight

Hamas men were killed when

ambushed near the border with Israel. Factional leaders

agreed to a ceasefire, but

there was more violence within

minutes of the deal being

struck. Hamas continued attacks

on Israel, firing five rockets

across the border, injuring 17

people. The world bank

President has promised to turn

over a new leaf if he's allowed

to keep his job. Paul Wolfowitz

has been trying to persuade the

bank's 24-member board to keep

him on, despite a charge he's

behaved inappropriately. The

board is under pressure to sack

him because he arranged a hefty

pay rise for his girlfriend.

After hearing his submission,

the board will discuss the case

again tomorrow. He was fond of

saying the Bible referred to

Adam and eve, not Adam and

Steve. Jerry Falwell, the US

evangelist has died at the age

of 73. He polarised America on

homosexuality and abortion and

helped turn the religious right

into a political

force. NEWSREEL: It's time now

for the old-time gospel hour

with Jerry Falwell. Jerry

Falwell was one of the first

televangelists and for decades

was the face of fundamentalism.

He funded Moral Majority,

injecting religion into

politics and prompting the rise

of the religious right. Ron

Goodwin was one of the last

people to see him alive. He is

a visionary leader. A leader

who worked to get Ronald Reagan elected and supported George

Bush Snr and George W. Bush.

Jerry Falwell campaigned

relentlessly on kocial sishs

claiming AIDS was God's

punishment for homosexuality,

questioning whether the

Teletubbies had a gay subtext

and asking if the September 11

attacks were brought on by

American im mortality. The

lesbians and gays making that a

lifestyle, I point the thing in

their face and say you helped

this happen. Jerry Falwell was

found unconscious in his office

this morning. The 73-year-old

had a history of heart

problems. Tonight's top story

- Sydney's inner stay rail

network to shut down during the

APEC summit in September. Still

to come - no half measures for

the NSW Blues.

Consumers are more confident

than ever, the latest survey

shows consumer sentiment is at

a 30-year high, suggesting

Australians have thrown off any

concerns about another interest

rate rise. Analysts say it's a

result of the tax cuts in the

Budget. If opinion polls are

any guide, voter apluf after

the Budget has not been as loud

as the Government would

like. But consumers are jumping

for joy. According to this

month's Melbourne Institute

Westpac consumer confidence

survey. The index surged more

than 7% in May to a record

high. You wouldn't jump by 7.5%

coming from a high level unless

there was a major impact and it

was the Budget . Confidence

jumped by more than 18% among

middle income earners, targeted

with tax cuts. Treasurer was

keen to claim credit for the

one poll in his favour. This is

reflecting the economic

position of the country and as

far as I'm concerned, it's my

job as the Treasurer to insure

the country is strong

economically. That's what I

do. I think all those taxpayers

on middle and lower incomes who

have been denied their tax cut

by John Howard and Peter

Costello for 2.5 years are

pretty happy it's finally

arrived. Also supporting the

positive mood were low

unemployment, a booming stock

market and stable interest

rates. I think this economy is

headed for a very, very sweet

spot in 2007. Thanks to a mix

of stable interest rates, low

inflation and a commodities

boom. And new figures showing

slower than spekted wage growth

appear to have further reduced

the chance of an interest rate

rise this year. Here's Alan

Kohler. Economists are baffled

- how can we have the lowest

unemployment rate for more than

30 years and no serious rise in

wages? It's completely

unprecedented. Truly great news

for the economy. It confirms

that interest rates are on hold

for the rest of the year. The

Reserve Bank can allow the

unemployment rate to keep

falling. Here's a graph of the

quarterly wage cost index and

although gradually rising, it's

still at the bottom of the

Reserve Bank's comfort zone. In searching for answers about why

this is happening, the economic

commentators are saying it must

have something to do with the Howard Government workplace

reforms with companies

renegotiating employment

contracts. The share market was

as subdued as wages growth

today, rising less than 4

points. BHP Billiton bucked a

trend of falling mining company

share prices while the race to

$100 has become a pulsating

fluctuating affair. After

yesterday's profit result and

despite the big salaries,

Macquarie Bank passed Rio Tinto

with a rise of 3%. While CSL

edged Rio into third place. In

New York overnight, the Dow

Jones edged higher, reaching a

new record while the other

indices fell. I don't want to

give a running commentary on

the Shanghai stock market every

day, but there is a certain

fascination about it, like

watching a train approach a

bend too fast. The B index is

up nearly 15% in three days and

has gone up 148% since the

start of the year. It seems to

be accelerating. The bend can't

be far off. Finally, the

Australian dollar drifted. It

is staying above 83 US cents

and 100 Yen, even though it's

generally agreed a rate hike is

off the table for this year.

That's finance. Parents and the medical community are hit a

brick wall in their bid to have

junk food ads banned from

television until after 9

o'clock at night. The Health

Minister says restricting the

ads will have no impact on

childhood obesity. It's ads

like these are a coalition of

Australia's top medical bodies

want banned until after 9pm

when children have gone to

bed. We can't expect the

messages about healthy eating

and the other good things

happening to address childhood

obesity to work while

bombarding children with junk

food ads. Spertd group says

Australian children are exposed

to more junk food ads than kids

in any other country and that

makes fighting obesity more

difficult. With the rates of

obesity going newspaper Australia, it's not something

we can ignore. Ban on TV ads

for junk food are already in

place in Sweden, Norway and

Britain with varing degrees of success. Health Minister Tony

Abbott says bans won't work

here. I don't believe that

banning food advertising is

necessarily going to have an

impact on childhood

obesity. Instead, the Federal

Government said it's committed

to providing education on

healthy eating and encouraging exercising. The Opposition says

that's not enough. Clearly the

amount of advertising does add

to pester power and pester

power puts a lot of pressure on parents. The Australian Communications and Media

Authority is about to undertake

a review of children's

advertising, including junk

foods. Health experts say they

are hoping it will recommend

changes. Review is due to get

under way in the next few

weeks. The NSW Origin team

went into camp today, confident

the selectors' gamble on a new

half-back will pay off. They

say Jarrod Mullen will be able

to handle the intensity of next

Wednesday's game. Welcomed into

the Origin fold by his NSW and

Newcastle captain, Danny

Buderus, 20-year-old Jarrod

Mullen says he won't be distracted by the interest in

his surprise selection. I was

used to the hype at Newcastle

me taking over from Joey. While

his mentor, Andrew Johns was

absent when the team went into

camp, his influence

remains. Jarrod is similar to

Joey in a way. He's a great

talent, Mullo. He has a wide

head on young shoulders. He's

one of five debutants the

selectors have chosen in a bid

to win back the title. When you

come into camp and see the

rookies come in and they have

enthusiasm written all over

them. You see how excited they

are. In Brisbane, the focus was

on the right ankle of Darren

Lockyer. Team-mates admit it

doesn't look good. He's a quick

healer. He has a few more days

yet to prove fitness. We're more than confident we'll be there on Wednesday night. Lockyer is expected to

run on the ankle on Friday.

And Queensland's Dallas

Johnson will play after having

a careless high tackle charge

downgraded. Johnson and

maroon's coach malman Inge

broke from the camp in the hope

of getting the penalty reduced

to a reprimand. his tackle on

Reni Maitua left the Bulldog

concussed. Jamie Lyon is trying

to clear his name tonight also

to play. Neutral umpires could

be a thing of the past if a new

committee of the International

Cricket Council has its way.

The group is considering a

proposal to have the best umpires appointed to a game,

even if they come from the same

country as one of the

competitors. Australia has a

significant presence on the

panel, which will include an

umpire for the first time.

Australia's heroics in winning

the World Cup aside, the game

hasn't been served well at the

top according to a survey of

international players. One of

the central areas of the game's

credibility is umpiring and now

they will have a voice on a new ICC cricket committee which

represents all stakeholders in

the game. Regarded as the

world's best umpire, Simon

Taufel will support a return to

the policy of the best umpires

for the most important

matches. That would obviously

have huge ramification s going

forward. It would allow an

Australian umpire to umpire an

Australian Test match on home

soil and the same in Pakistan

etc. Technology ands impact and

use will be tabled for

discussion. Taufel sees the

forensic pressure on umpires as

an antidote to bias. We've gone

beyond the possibility of bias

and are as professional as we

can be. There is no room for

bias. We are judged by performances. The man the World

Cup forgot, injured paceman

Brett Lee rolled the arm over

for the first time today. Since

an ankle operation. I'm not

back running yet that. Will be

early next month. I'll be

bowling in July. There is no

reason why I won't be playing

the first match for Australia

when ready to go. Australia has

reviewed its netball rivalry

with New Zealand and opened up

an early 7-goal lead. New

Zealand was smarting after its

first loss to England in 32

years. But did restrict

Australia to just seven goals

in the second quarter. Sharelle McMahon improved on

the 2-goal lead at half-time

and finished with 24. While

injury and an uncharacteristic

run of outs from New Zealand ace Irene Van Dyk swung the

match. You don't often see

that! Van Dyk shot at just over

75% as Australia broke free

from 41 apiece and sealed its

4th win in five starts over the

reigning world champions in the

tri-series in England. Well,

they say money talks and so do

the banks, straight into our

livingrooms. Economists are

becoming TV stars as the

financial institutions try to

cash in on Australia's

fascination with finance news.

It used to be the racing

guide, now it's the business

supplement Australians are

pouring over. People of all

ages are taking a much closer

interest in equities, particularly when you have

things like the privatisations

we've had in this country,

Telstra, Qantas, Commonwealth

Bank. Interest rates going up

and down, what factors should

we be looking out for? Bill

Evans and Craig James are

economists. Two of a battalion

of experts the banks and

financial houses make available

for TV and radio spots around

the country every day. CommSec

pays a team of 15 and Westpac

pay six who divide their time between economic research and

analysis and starring on television. It seems as though

every bank or broker now has a

television camera and is

willing to do crosses for the

major networks. Banks say the

presenters are chosen more for

economic credentials than

television skills, but are all

smooth performers. It's hard to

point a finger at what is

driving the popularity of media

news. The banks get free

publicity. It is media-led, but

you cannot have a programme

like this media-led without

their being a basic interest

from the community in the first

place. While economists agree

flis a new focus on money

making, some argue it's just

plain greed which brings

broader social

implications. People who are

preoccupied with their financial situation and

material lifestyle are less

happier. That's how it is.

People who focus on other

things, relationships and

self-development are shown to

have happier lifestyles. It's

clear more money doesn't make you happier, but at the end of

the day, if you are getting

older, superannuation is a

focus, you want to make sure

you have enough money for your

retirement and you want to make

sure you have the information

at your disposal that can make

the best decisions. But for

every boom, there is a bust and

Bernard Salt says it's likely

the demand for constant

business information will die

out with the baby boomers in

the mid-20 20s. They'll

always want to know about the

weather though. Here's Mike

Bailey. I hope they will! Good

evening. The news is good.

Widespread rain with local and

moderate falls.

The satellite loop is

interesting. Looking at the

build-up of cloud in the Indian

Ocean. It's on its way into the

trough over central WA and

western NSW and likely to lead

to widespread thunderstorms

with local to moderate hey

falls over the next 24-48

hours. The rainfall projections

initially for tomorrow are

favouring the west of the

state, but the rain will

gradually move to the

south-west and local to

moderate heavy falls are on

their way.

Now another quick look at

tonight's top stories. As well

as road closures and city block

lockdowns, three CBD train

stations will be shut when APEC

leaders descend on Sydney in

September. Tough new

legislation has been passed in

New Zealand tonight preventing

parents from smacking their

children. And that's ABC News

for this Wednesday. The '7:30

Report' is up next. And I'll be

back with updates during the evening. Goodnight.

Closed Captions by CSI

I'd lost everything. I

didn't have anything in the

world to live for. All I could

see was failure. Tonight on the

7.30 Report - drought and

depression, crisis point in the

bush. Men are not good at examining their own

emotions. Are rural communities

getting the help they

need? There is a lack of

services, a lack of GPs, lack

of access to psychologists, to specialists and as a

consequence of that, suicide

rates remain high.

And, the latest surf fad

making waves. It is exciting.

It is great for you. It's fun.

That's the word "fun". CC

Welcome to the program and

tonight, we take a second look

at a perplexing political