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Ten Early News -

View in ParlView

(generated from captions) This program is captioned live.

Six o'clock. Tuesday, April 13.

Good morning, everyone. I'm Ron

Wilson. And I'm Kathryn Robinson.

A very warm welcome from both / A very warm welcome from both of us

to Ten's Early News. A very warm welcome from both of us

These are our headlines this morning -

Free at last - the cargo ship stuck

on the Great Barrier Reef as divers

prepare to inspect the full extent

of the damage.

Deal or no deal - Kevin Rudd

sweetens the offer to get the

health reforms agreed to.

Mick Malthouse takes his medicine.

The Collingwood coach coughing up

$7,500 for his verbal outburst.

In finance - breaking the barrier.

The starblgt is sitting above 5 -- The starblgt is sitting above 5 --

stock market is sitting above 5,000

months. points for the first time in 19

Divers will today fully inspect the

damage to the Chinese coal carrier

which has been freed from the Great

Barrier Reef. Ten reporter Leonie

Mellor is following the operation

from nearby Gladstone.

The 'Shen Neng 1' was refloated at

high tide just after eight o'clock high tide just after eight o'c,

last night. At least two tug boats

attached lines to the ship and then attached lines to the ship and then

slowly pulled her off the shoal,

turning her to face into the wind.

Those boats remained in the area

for several hours as crews assessed

the damage making sure that the

ship was stable, and no significant

oil leakage had occurred. Now, only

about half the 970 tonnes of oil on

board had been removed, so

authorities fully expected some

leakage to occur, but they wanted

to keep this to a minimum. Now, the

ship is now on its way to Barren

Island just off the Central Coast

of Queensland. There it will be

safely anchored out of the path of safely anchored out of the path of

gale-force winds which are

predicted for later today. Divers

will also further assess its damage

and decide what repairs need to be

undertaken. But the investigation

into this entire incident is still

continuing. In an indication of how

seriously it's being viewed, the

Bligh Government has announced a

major increase in fines for oil

polluters. Companies found guilty

will now cop a $10 million penalty.

Gladstone. Leonie Mellor reporting for us from

It's now a case of deal or no deal

for Kevin Rudd's revolution in

health and hospital funding. The

Prime Minister has handed over his

final offer to the six State

premiers and two chief ministers,

sweetening the deal with $650

million to bring down surgical

waiting times. They spoke for more

than an hour last night ahead of

the final decision next Monday.

You'd always like more but this is

a package that ticks most of the

boxes. All States must sign up to

the reform for it to go ahead.

Victoria is the most sceptical of

all the States.

The Government is confident its

controversial new literacy and

numeracy school tests will be a

success, despite teachers and

parents having to cross picket

lines. The public school teachers

union has banned any work on the

tests, claiming they lead to unfair

League Tables emerging on the

Government's My School website. We

have announced today an immediate

moratorium on the implementation of

the NAPLAN test this year. My

message to the Australian education

union is that was the wrong decision.

The NSW Parents and Citizens

Association says it does not

believe parents should get involved

as strike-breakers.

A railway worker has died after

being hilt by a train in Sydney

this morning. The man, in his 50s,

was carrying out maintenance on the

railway line at Kogarah. Police and

WorkCover are investigating the

accident. circumstances leading up to the

There are calls this morning for

urgent safety checks on a stretch

of road in Queensland. A mother and

her two sons were killed there in a head-on crash.

Three family members killed in a

matter of seconds. Four people were

inside the car. A 45-year-old woman

and her two sons, one 17, the other

just 8, now dead.

critical condition. The driver of the car remains in a

Yeah, it's a horrific scene, as you

can see, and, um, um, our people

were just as shocked as everybody were just as shocked as everybody

else to see the scene here today.

Witnesses say the sedan was

travelling east on the Warrego

Highway near Gatton when it

careered on to the wrong side of

the road, hitting a B double head-

on. Now there's calls for an urgent

upgrade of the stretch of road,

which some have called a disgrace.

Locals say the crash happened on a Locals say the crash happened on a

notorious blackspot, the last fate

at just 25 metres down the road.

Oh, lots of crazy things you see

every day on the road, mate. It's a every day on the road, mate. It's a

straight piece of road where,

tragically, three people have lost

their lives today. The local MP is

calling for an upgrade, saying it's

too early to know the reason for

the crash, but the road needs urge

end attention. The deaths bring the

State's road toll to 62.

A man suspected of robbing an

Adelaide hairdressing shop has been Adelaide hairdressing shop has been

caught in a suburban backyard caught in a suburban backyard

pursuit. The suspect was chased on

food foot by the dog squad and

police officers. He jumped several

fences and was eventually caught

when he broke his leg. Put your

hands behind your back! Stop

resisting! He's facing several

serious charges.

Another 600 cars are going under Another 600 cars are going under

the hammer in Perth today as buyers

hope to snap up more bargains at a

hail sale.

300 vehicles damaged in last

month's wild storm have gone up for

auction. Some have minor dings.

Others require a lot more work. But

it was the damage to the sale price

that caught the eye of buyers. A

Commodore, two years old, for $10

now thousand less than you'd pick

it up in a secondhand car yard. The

sale of the day was this $30,000

Mercedes which sold for $220,000, a

$160,000 saving.

Rugby league legend Allan Langer is

back at work this morning but he

won't be driving himself. The

former Brisbane Broncos star was

caught driving last month with a

blood alcohol level more than three

times the legal limit. Yesterday,

he received a $1,000 fine and has

been banned from driving for eight

months. He's also lost his

endorsement contract with XXXX beer.

Mick Malthouse says he'll cop the

fine handed to him by the AFL for

his verbal stoush with the Saints'

Steven Milne. However, the veteran

coach says he will not cop being

branded a liar.

Understandably, Collingwood coach

Mick Malthouse took offence to

being branded a liar. Those calls

were prompted by his post-match

denial of any altercation with St

Kilda's Steven Milne and then a

subsequent apology for calling the

Saints forward a rapist. Mick, how

do you feel about being branded a

liar? Last night, he released a

statement saying his initial stance

was based on the old code of what

happens on the field stays on the

feed. And only later he reflected

on the extent of his actions. The

veteran coach of fined $7,500 by

the AFL. Assistant coach was fined

$3,000 for his part and Milne, who

provoked the attack, also $3,000.

Richmond has suspended Luke McGwon,

Dean Polo and Ben Cousins for one

week in a savage reaction to week in a savage reaction to raucous behaviour following

Saturday night's loss to Sydney. Drunk team-mate Daniel Connors

copped a massive 8-match ban

admitting he has a drinking problem.

He's also been ordered to undergo alcohol counselling. alcohol counselling.

An NRL salary cap investigation has

found no evidence to support

allegations that Gold Coast captain

Scott Prince was to get a $400,000

house for free. Meantime, Johnathan

Thurston will miss just two to

three weeks with that shoulder

injury he picked up in North

Queensland's loss to the Tigers.

The shoulder's intact so there's no The shoulder's intact so there's no

structural damage there. I've torn

a muscle in me back that goes to me

shoulder so, um, very happy. Good news.

Thurston's team-mate Luke O'Donnell

is facing a 4-match suspension

after being charged with making

dangerous contact with the neck of

Tigers fullback Ryan Ryan Ryan.

Adam Gilchrist's Deccan Chargers

have scraped home against the

Bangalore Royal Challengers in the

Indian Premier League. Gilchrist

wasn't much help, gone in the first

over for a duck. Suman joined him

next ball. By the third over, they

were in trouble at 3/14. Dale Steyn

got all three wickets. He's

absolutely alight, Dale Steyn.

But the middle order stood up.

Andrew Symonds with 19 as they set

151. The Challengers started well

in reply but were stopped 13 runs in reply but were stopped 13 runs

short. Ryan Harris one of the best

with the ball, taking 2/34.

All the morning's finance news now with Kathryn Robinson and we've

smashed a barrier with the help of

the Greeks. Yeah, in part.

Absolutely. You're right, Ron. The

all orders has broken through the

5,000 barrier, investor confidence

boosted by the rescue plan for the

beleaguered Greek economy. It's the

highest level since September 2008,

just before the global financial

crisis hit. Analysts expect the

market to maintain the rally today,

especially if we see strong US

company earnings, which are due out

this week. That rescue plan for

Greece has also seen the euro jump

sharply against the dollar.

Eurozone nations will provide a

one-year aid package worth $43

billion at a pretty low interest

rate. It was feared Greece would be

the first rich nation to default on

its debt since World War II. Greece

is tightening its purse string and

hoping it won't need the emergency loans.

Back home and there are signs the

Australian housing market is

cooling off. Home loans are sliding

fast across most of Australia and

buyers are retreating. South

Australia has seen the sharpest

fall in home loans with NSW not far

behind. Victoria's fall has been

the slowest. Many agents expect

house prices to plateau for the

rest of the year because of rising interest rates and an exhausted market.

Let's take a check of the market

numbers now and Wall Street is set

to close in the block, stocks

marginally higher on expectations

of a first-quarter earnings period and confidence over the Greek rescue plan.

Briefly now in other business news,

banks are set to crack down on

small businesses who have fallen

behind on their repayments.

Leniency shown during the downturn

will be slowly wound up.

Australia's fifth largest bank, ING

direct, will outdo last week's

Reserve Bank rate rise. Today, it

will increase lending rates by 0.3%.

And a public examination has heard

the founder of ABC Learning, Eddie

Groves made changes to crucial

financial data before the childcare provider collapsed.

There's a weather check on your

screen right now.

Let's check newspaper headlines

around the country today.

The 'Daily Telegraph' reports a

derelict Malaysian hotel is a key

exit point for Afghan and Sri

Lankan asylum seekers coming to Australia.

The Australian 'Financial Review'

says a looming skills crisis in the technology sectedor could put

billions of dollars of projects at risk.

And the 'Sydney Morning Herald'

says police are failing to

investigate crimes because they're

under more pressure than ever to

keep crime statistics steady or falling.

Still ahead in Ten's Early News:

You'll never believe what someone's

done with 1.5 million plastic

bottles. And it will be a pretty

good day at the office. I'll tell

you why after the break. I'm excited.

This program is captioned live.

You're watching Ten's Early News.

The Chinese coal carrier which ran

aground on the Great Barrier Reef

has finally been floated free and

is being to youed to safety.

Queensland maritime authorities

used two tug boats to drag the

'Shen Neng 1' clear of Douglas

Shoal. The 230m vessel has lost at

least two tonnes of oil since it

ran aground on April 3. But it's

believed no further oil was lost in

the refloating operation.

Today, divers will begin an

inspection of the damaged hull.

Kevin Rudd has promised a national

blitz on elective surgery starting

in July, to slash hospital waiting

times. It's all part of a final

sweetener to the States to convince

them to sign up next week to the

Prime Minister's new national

health funding plan.

From Kevin Rudd at last a final,

final offer, a nearly 100-page

document sent to the premiers late

yesterday. They began looking at it

during a 75-minute phone hook-up la

night and senior officials will

meet again this morning. We're

happy to work round the clock.

Canberra says if the States do sign

up next week, they will gain more

than $18.5 billion in extra money

over the next 10 years. The

immediate sweetener - more money

for aged care and an elective

surgery blitz starting in July.

Over the next four years, $650

million will fund 90,000 extra

operations. Anyone waiting longer

than clinically recommended will

get a free operation in a private hospital.

You'd always like more, but this is

a package that ticks most of the

boxes. The Opposition says they're

a big -- there are big holes.

Where's the mental health policy,

for instance, in all of this?

Nurses say the aged care spending

leaves them out. None of the $700

million will be spent on the

workforce. The people who need to

be convinced are the premiers.

Victoria's John Brumby is the last

big hold-out earning a rebuke from

South Australia's Mike Rann.

There's two ways of going about it.

You can Grandstand and lose or you

can quietly negotiate and get the

best deal. That's what I've been doing.

There are calls for an urgent

safety audit on a stretch of road

in Queensland where a mother and

her two young sons were killed.

The crash happened on a notorious

stretch of road near Gatton. Today,

the local MP is is calling for an

urgent upgrade of that section of

the highway, which some have called

a disgrace. The last fate at

happened just 25m down the road.

-- fatality happened just 525m down

the road. Nine people have been

killed in a train crash in Italy. killed in a train crash in Ita, killed in a train crash in Italy.

The train was only saved from

plunging down the hillside because

it became caught in trees.

Firefighters are digging through

the mud in case anyone is still buried.

Pressure is mounting on the Thai

Prime Minister to resign after new

calls from the country's

influential army chief. The red

shirts, who are loyal to ousted

former prime minister Thaksin

Shinawatra have been protesting

against the government for a month.

21 people died in violent clashes

at the weekend. Now, the army chief

says elections could solve the

crisis, which is exactly what the

red shirts have been calling for.

He says he's reluctant to use force

to end the stand-off.

The body of the Polish President

will lie in state from today ahead

of his funeral this weekend. Koj

koj koj was killed in the plane

crash that also -- koch koch koch

Lech Kaczynski was killed in the

plane crash that also wiped up

dozens of officials. Hasty moves

have been made to fill key

positions. There's speculation the

president ordered the pilot to land

in thick fog despite warnings from

flight controllers.

Astronauts aboard US space chutele

'Discovery' are preparing for their

third spacewalk. The second

spacewalk took place on the weekend

when astronauts replaced a coolant

tank outside the International

Space Station. They'll undertake

more maintenance tomorrow. Final

safety inspections on 'Discovery'

are also under way. The crew is due

to return to earth next Monday.

If you want to encourage people to

recycle more, it seems you need

plenty of bottle. No worries on

that front here. This building in

Taiwan is built entirely from 1.5

million empty plastic bottles. The designers say they found

inspiration for the Eco Ark from

the office dustbin. It may have

cost more than $4 million US to

build, but this is one building

that everyone agrees is simply rubbish...

Do you like that little line? Thank

you, Kath.

Parramatta insist they're not a

club in crisis despite slumping to

their fourth defeat in five outings

this season. This time, they went

down 24-14 against the Canberra Raiders.

Another week, another loss for the

pre-season competition favourites.

We're not doing what we say we're

going to do or planning to do. It's frustrating. Canberra punching holes in Parramatta's defence

through the middle, up high and out

wide to trail 18-10 at the break.

He takes on Jarryd Hayne and will

be hit for speed. As a team we're

not playing as Conservative dent as

we did last year and sort of

struggled to start the season on

the right foot. Result sealed by

halfback Josh McCrone when they halfback Josh McCrone when they returned.

Nobody home. He needs a bounce. He

gets one and gets across the line.

Who said Canberra can't win away

from home? We never talk about the

away record. It's just about us

improving and I think we've done

that and I thought the 80-minute

performance will give the players

confidence. More misery for the

Eels and Joel Reddy is on report.

There's no need to go back with the

elbow. It's a sign of frustration

for a team with one win in five

games. We're in better shape than

after last week's loss tonight.

Richmond has reacted savagely to

news its players were out drinking news its players were out drinking

after Saturday night's loss to

Sydney. Ben Cousins is one of four

Tigers suspended for Sunday's game

against Melbourne, with Luke McGwon,

Dean Polo and Daniel Connors

joining him. 21-year-old Connors

has been hit the hardest. He's been

given an 8-game suspension for

unsociable behaviour and has been

ordered to undergo alcohol

counselling after conceding he has

a drinking problem.

It's that time of year again - when

we watch some of the world's

crazyiest surfers come unstuck. The

contenders for this year's

Billabong XXL awards have been

announced. Aussie waves feature in

the biggest wipeout category but

this monster at Hawaii's Jaws could this monster at Hawaii's Jaws could

win a South African surfer the

prize and he'll have earned it too.

After face-planting, he was sucked

up into the lip and when wiped out.

Amazingly all surfers walked away

from the experiences. Well, the All

Ordinaries will open at a 19-month

high this morning after breaking

through the 5,000 mark. Nick Walter

from Macquarie private wealth, we

have a few things to thank for this.

Yes. Investors have been growing in

confidence about Greece for some

time. But over the weekend and last

night. Pen was put to paper on a

resolution that seems to create a

final resolution. It entails a $45

-- 45 billion euro package to the

Greek Government, 30 billion from

the European Union and 15 billion

from the IMF. Share markets haven't

reacted too quickly to this. We've

sort of expected this for some time.

Where the reaction has come is in

currencies. The euro is up strongly

against most of its competitors and

certainly in the Greek bond pricing

and European bond pricing, where

bonds are becoming much cheaper.

The Dow Jones overnight has closed

up about five points. As we pushed

through the 11,000-point barrier,

that's the first time in 18 months

which Augusters well for markets in the next few weeks.

-- Augusturs well for markets in

the next few weeks. We should see our market pushed higher.

US analysts work on a quarterly

earning cycle and we in Australia

work on a 6-monthly reporting cycle.

That kicks off this week. We have

positive expectations. Economic

indicators have been good. The

state of the economy over there is

good. We are positive and we'll good. We are positive and we'll

report that over the next few weeks.

With the Dow closing up five points,

the Australian market probably

won't move dramatically today. We

hope it holds the 5,000-point barrier. barrier. OK, thank you.

So everything, it seems is on the

up and that includes the mood in

the office. Australian workers are

more positive about the future than

their peers according to the 2010

global workforce study. Just over

half of those questioned thought

their bosses had pwhanged to

successfully guide their companies

through the GFC. The majority of

Aussie workers prefer stability to

promotion. 64% want better pay but

only 29% think they can get it.

Kevin Rudd's playing his own

version of 'Deal or No Deal' but

the banker has been replaced by the

State premiers. Live to Canberra

next. You know I love a bargain.

We're off to hail sale next. All

will be revealed when we return. VOICEOVER: When it's time

This program is captioned live.

Headlines every 15 minutes on Ten's Early News:

Free at last - the cargo ship stuck

on the Great Barrier Reef is

finally refloated as divers prepare

to inspect the full extent of the damage.

Deal or no deal - Kevin Rudd

sweetens the offer to get his new

health reforms agreed to.

In sport - Mick Malthouse takes his medicine, the Collingwood coach

coughing up $7,500 for his verbal outburst.

In finance - breaking the barrier.

The stock market is above 5,000

points for the first time in 19 months.

Diving crews will today fully

inspect the damage to the Chinese

coal carrier which has been freed coal carrier which has been freed

from the Great Barrier Reef. Ten

reporter Leonie Mellor is following

the operation from nearby Gladstone.

The 'Shen Neng 1' was refloated at

high tide just after eight o'clock

last night. At least two tug boats

attached lines to the ship and then

slowly pulled her off the shoal,

turning her to face into the wind.

Those boats remained in the area

for several hours, as crews

assessed the damage, making sure

that the ship was stable and that

no significant oil leakage had

occurred. Now, only about half the

970 tonnes of oil on board had been

removed, so authorities fully

expected some leakage to occur. But

they wanted to keep this to a

minimum. Now, the ship is now on

its way to Barren Island just off

the Central Coast of Queensland.

There, it will be safely anchored

out of the path of gale-force winds,

which are predicted for later today.

Divers will also further assess its

damage and decide what repairs need

to be undertaken. But the

investigation into this entire

incident is still continuing. In an

indication of how seriously it's

being viewed t the Bligh Government

has announced a major increase in

fines for oil polluters. Companies

found guilty will now cop a $10

million penalty. Ron.

Leonie Mellor reporting from Gladstone.

Kevin Rudd has promised a national

blit on elective surgery to slash -

- blitz on elective surgery to

slash hospital waiting times. It's

part of a final bid to convince the

States and Territories to sign up

to the proposed national hospital funding plan.

We're joined by Natasha exel by

from Canberra. This is the final

final final offer put on the table

by the Prime Minister? That's what

we're led to believe anyway, Ron. I

think it is the final offer this

time. There's been plenty of money

coming out. All up it's $18 billion

over the next 10 years for the

States. The its leastest

announcement is $650 million to

shorten elective surgery waiting

lists. There's $700 million for

aged care service and $500 million

to slash emergency waiting times.

This is on top of tens of billions

of dollars already being pumped

into our ailing health system so

health is not a cheap business to

get into.

Well, the Prime Minister certainly

staked a lot on getting this plan

through. What are the chances of it

actually working? Well, Ron, that

is an excellent question and one I

think that Kevin Rudd is probably

asking himself more than once in

the last couple of weeks. But look,

he does seem to be making some

legway. He had a phone hook-up with

the premiers last night. NSW's

Kristina Keneally looks like her

arm could be twisted on this one.

She says that there is some scope

for agreement. But Victoria's John

Brumby remains as hostile as ever

and not surprisingly, WA's Liberal

Premier, Colin Barnett, also has

his concerns. We'll know next week

for sure when the premiers and

chief ministers come to Canberra

for COAG and will vote on the

package but hypothetically, Ron, if

Kevin Rudd does pull this off with

the States, he still has to get it

through Federal Parliament and

there is no serpbltd that the

Coalition or any Senate

crossbenchers will play ball on

this. In short, the possibility of

a referendum remains as real as

ever.

Thank you very much. Natasha Exelby

reporting from Canberra.

A railway worker has died after

being hit by a train in Sydney

early this morning. The man, who

was in his 50s, was carrying out

maintenance on the railway line at

Kogarah. Police and WorkCover are investigating the circumstances

leading up to the accident.

There are calls this morning for

urgent safety checks on a scech of

road in Queensland. A mother and

her two sons were killed there in a head-on crash.

Three family members killed in a

matter of second. Four people were

inside the car - a 45-year-old

woman and her two sons, one 17, the

other just 8 years old, now dead.

The driver of the car remains in a

critical condition. It's a horrific

scene as you can see. Our people

were as shocked as everybody else today.

Witnesses say the sedan was

travelling east on the Warrego Highway near Gatton when this

careered on to the wrong side of

the road, hitting a B double head-

on. Now there's calls for an urgent

upgrade to the 24/7 of road which

some have called a disgrace. Locals

say the crash happened on a

notorious blackspot, the last

fatality just 25 metres down the road.

It's a straight piece of road where

tragically three people have lost their lives today.

The local MP says it's too early to

know the reason for the crash but

the road needs urgent attention.

The deaths bring the State's road toll to 62.

Another 600 cars are going under

the hammer in Perth today as buyers

hope to snap up more bargains at a

hail sale. 300 vehicles damaged in

last month's wild storm have

already gone up for auction. Some

have minor dings while others

require a lot more work but it was

the damage to the sale price that

caught the eye of the buyers. A

come do, two years old, just under

50,000 km for, I think, $10,000

less where you'd pick it up in a

secondhand car yard. The sale of

the day was this $380,000 Mercedes

which sold for just $220,000, a

$160,000 saving.

Rugby league legend Allan Langer

has faced course -- court on drink- driving charges.

The Queensland and Brisbane legend

lost his licence for eight months

and was slapped with a $1,000 fine

after being over by police in

Brisbane's north last month. The

43-year-old had consumed up to 10

beers and vodka Red Bulls. Not

surprisingly, he blew almost three

times the legal limit. Would you

like to take this opportunity to

apologise to your fans? The

magistrate didn't record a

conviction and the 43-year-old is

expected to return to Broncos

training today. Meantime, Melbourne

Storm star Greg Inglis has escaped

conviction for assaulting his

girlfriend last year. Inglis

admitted he pushed her on to the

bed during an argument. The 23-

year-old must pay $3,000 to a year-old must pay $3,000 to a

women's health centre and attend a

men's behavioral change program.

Mick Malthouse says he will cop the

fine handed to him by the AFL for

his verbal stoush with the Saints'

Steven Milne. However, the veteran

coach says he will not cop being

branded a liar.

Understandably, Collingwood coach

Mick Malthouse took offence to

being branded a liar. Those calls

were prompted by his post-match

denial of any altercation with St

Kilda's Steven Milne and then a

subsequent apology for calling the

Saints forward a rapist. Mick, how

do you feel about being branded a

liar? Last night he released a

statement saying his initial stance

was based on the old code of what

happens on the field stays on the

field and only later he reflected

on the extent of his actions. The

veteran coach was fined $7,500 by

the AFL. The assistant coach was

fined $3,000 for his part and Milne,

who provoked the attack, also

$3,000. Richmonds that suspended

Luke McGwon, Dean Polo and Ben

Cousins for one week in a savage

reaction to raucous behaviour

following Saturday night's loss to

Sydney. Drunk team-mate Daniel

Connors copped a massive 8-match

ban, admitting he has a drinking

problem. He's been ordered to

undergo alcohol counselling.

An NRL salary cap investigation has

found no evidence to support

allegations that Gold Coast captain allegations that Gold Coast captain

Scott Prince was to get a $400,000

house for free. Meantime, Johnathan

Thurston will miss just two to

three weeks with that shoulder

injury he picked up in North

Queensland's loss to the Tigers.

The shoulder's intact so there's no

structural damage there. I've torn structural damage there. I've torn

a muscle in me back that goes to me a muscle in me back that goes to me

shoulder so, um, very happy. Good news.

Thurston's team-mate Luke O'Donnell

is facing a 4-match suspension

after being charged with making

dangerous contact with the neck of

Tigers fullback Ryan Ryan Ryan.

Adam Gilchrist's Deccan Chargers

have scraped home against the

Bangalore Royal Challengers in the

Indian Premier League. Gilchrist

wasn't much help, though. Gone in

the first over for a duck. Suman

joined him next ball. By the third

over they were in trouble at 3/14,

Dale Steyn with all three wickets.

He's absolutely alight, Dale Steyn.

But the middle order stood up.

Andrew Symonds with 19 as they set

151. The Challengers started well

in reply but were stopped 13 runs

short. Queenslander Ryan Harris was

one of the best with the ball,

taking 2/34. What's your favourite?

taking 2/34. What's your favourite?

Moussaka or sueflakia? Moussaka.

You'll get an extra helping this

morning because the Greeks are

excited. He's been thinking about

that all morning!

Investor confidence have been

boosted by a rescue plan for the

beleaguered Greek economy. The

market reached 5,011 yesterday, the

highest since September 2008 just

before the global financial crisis

hit. Analysts expect the local

market to maintain the rally,

especially if we see strong US

company earnings, which start this

week. The rescue plan for Greece

has seen the euro jump sharply

against the dollar. Eurozone

nations will provide a one-year aid

package worth $43 billion. It was

feared Greece could become the

first rich nation to default on its

debt since World War II. Greece is

tightening its purse strings and

hoping it won't need to ask for the emergency loans.

Well, back home now and there are

signs this morning that the

Australian housing market is

cooling off. Home loans are sliding

fast across most of Australia, and

buyers are retreating. South

Australia has seen the sharpest

fall in home loans with NSW not far

behind. Victoria's fall has been

the slowest. Many agents expect

house prices to plait yeo for the

rest of the year because of rising

interest rates and an exhausted market.

Let's take a check of the markets now.

Alcoa just reported a net quarterly

loss but it was in line with expectations..

Briefly now in other business news,

banks are set to crack down on

small business who is have fallen

behind on their repayments.

Leniency shown during the downturn

will be slowly wound up.

Australia's fifth largest bank, ING

direct, will outdo last week's

Reserve Bank rate rise. Today it

will increase lending rates by 0.3%.

A public examination has heard the

founder of ABC Learning, Eddie

Groves, made changes to crucial

financial data before the childcare provider collapsed.

Guess which star is getting a gold

star? The answer is coming up. And

don't ask what the Romans did for

us. Now we've got to thank the

Greeks. Join us again on the other side of the break. GOVERNMENT, ISN'T KEEN TO MEMBER, HAS HAD EQUIPMENT CRYSTAL - BAY - PRAWNS - TODAY'S WEATHER DETAILS... A HIGH PRESSURE SYSTEM OVER RIDGE OVER NEW SOUTH WALES HOBART WALES - FINE AND SUNNY FOR

This program is captioned live.

You're watching Ten's Early News.

The Chinese coal carrier which ran

aground on the Great Barrier Reef

has finally been floated free and

has been to youed to safety.

Queensland maritime authorities

used two tug boats to drag the

'Shen Neng 1' clear of Douglas

Shoal. The 230m vessel has lost at

least two tonnes of oil since it

ran aground in April 3. But it is

believed no further oil was lost in

the refloating operation. Today,

divers will begin an extensive

inspection of the damaged hull.

Kevin Rudd has promised a national

blitz on elective surgery starting

in July to slash hospital waiting

times. It's part of a final

sweetener to the States to convince

them to sign up next week to the

Prime Minister's new national health funding plan.

From Kevin Rudd at last a final,

final offer. A nearly 100-page

document was sent to the premiers

late yesterday. They began looking

at it during a 75-minute phone

hook-up last night and senior

officials will meet again this

morning. Now, we're happy to work

round the clock. Canberra says if

the States do sign up next week,

they will gain more than $18.5

billion in extra money over the

next 10 years. The immediate

sweetener - more money for aged

care and an elective surgery blitz

starting in July.

Over the next four years, $650

million will fund 90,000 extra

operations. Anyone waiting longer than clinically recommended will

get a free operation in a private hospital.

You'd always like more, but this

package ticks most of the boxes.

The Opposition says there are big

holes. Where's the mental health

policy, for instance, in all of

this? Nurses say the aged care

spending leaves them out. He has

announced $hundred -- $700 million,

none of which will be spent on the

workforce. The people who need to

be convince ready the premiers.

John Brumby is the last big hold-

out, earning a rebuke from South

Australia's Mike Rann. There's two

ways of going about it. You can

grand-stand and lose or quietly

negotiate and get the best deal and

that's what I've been doing.

There are calls for an urgent

safety audit on a stprech of road

in Queensland where a mother and

her two young sons were killed. The

crash happened on a notorious

stretch of road near gatyofpblt

today, the local MP is calling for

an urgent upgrade on that section

of highway, which some have called a disgrace.

At least nine people have been

killed and many more injured in a

train crash in Italy. The train was

derailed by a landslide as it

travelled through a mountain valley

near Merano. It was only saved from

plunging down the hill side and

into a raging river because it

became caught in trees.

Firefighters are digging through

the mud in case anyone is buried.

Pressure is mounting on the Thai

Prime Minister to resign after

calls from the country's

influential army chief. The red

shirts who are loyal to ousted shirts who are loyal to ousted Prime Minister Thaksin Shinawatra have been protesting against the

government for a month. 21 people

died in violent clashes at the

weekend. Now army chief says new

elections could solve the crisis

which is exactly what the red

shirts are calling for. He says

he's reluctant to use force to end the stand-off.

The body of the Polish President

will lie in state from today ahead

of his funeral this weekend. Lech

Kaczynski was killed in the plane

crash that wiped out dozens of top

officials. Hasty moves have been

made to fill those key positions to

prevent the country descending into

chaos. The cause of the crash

remains a mystery. There's

speculation the President ordered

the pilot to land in thick fog

despite warnings from flight controllers.

Astronauts on board the US shuttle

'Discovery' are preparing for their

third spacewalk. The second

spacewalk took place at the weekend.

Astronauts used the time to replace

a coolant tank outside the

International Space Station.

They'll undertake more maintenance

during their last spacewalk

tomorrow. Final inspections of

'Discovery' arealso due tomorrow.

They are due to return to earth on Monday.

In the last couple of hours, Russell Crowe has been honoured

with his own star on the Hollywood

Walk of Fame. This isn't the first

time he's been offered a spot on

the famous sidewalk but he turned

down previous offers because he didn't think he deserved it.

Parramatta insist they're not a

club in crisis despite slumping to

their fourth defeat from five

outings this season. This tierpblgs

they went down 24-14 against the Canberra Raiders.

Another week, another loss for the

pre-season competition favourites.

We're not doing what we say we're

going to do or planning to do. It's

very frustrating. Canberra punching

holes in Parramatta's defence

through the middle, up how and out

wide, to trail 18-10 at the break.

He takes on Jarryd Hayne and will

beat him for speed! As a team,

we're just not, um, you know,

playing as confident as we did last

year, and, um, sort of struggled to

start the season on the right foot.

The result sealed by halfback Josh

McCrone when they returned. Nobody

home. He needs a bounce. He gets a

bounce and gets across the line.

Who said Canberra can't win away

from home? We never really talk

about the away record. It's just

about us improving and I think

we've done that and I thought that

that 80-minute performance would

give the players a lot of

confidence. More misery for the

Eels and Joel Reddy's on report.

There's no need for you to go back

with the elbow. A sign of

frustration from a team with just

one win from five games. I feel

we're in a lot better shape tonight

than we were after last week's loss.

Richmond has reacted savagely to

news its players were out drinking

after Saturday night's loss to

Sydney. Ben Cousins is one of four

Tigers suspended for Sunday's game

against Melbourne, with Luke McGwon, Dean Polo and Daniel Connors

joining him. The 21-year-old

Connors has been hit the hardest.

He's been given an 8-game

suspension for unsociable behaviour and

and has been ordered to undergo

alcohol counselling after conceding

he has a drinking problem. It's

that time of year again when we get

to watch some of the world's

crazyiest surfers come unstuck.

Aussie waves feature in the biggest

wipeout cat gragri but it's this

monster that could win South

Africa's Grant Baker the prize and

he'll have earned it. After face

planting in Hawaii, he was sucked

up into the lip and then wiped out

at Jaws. Amazingly, all surfers

walked away from their experiences.

Well, the all orders will open at a

-- All Ordinaries will open at a

19-month high this morning. Nick

Walter, we have a few things to

thank for this but in particular

the EU bailing out Greece. Global

investors have been growing in

confidence for some time in

relation to a Greek bail-out but

pen was put to paper and on Monday

night that creates a final

resolution to this issue and gives

the Greeks an opportunity to focus

on their domestic situation and not

worry about the potential default

of their debt. The resolution

involves a 45 billion euro package,

most of it coming from other

European nations, 15 billion coming

from the IMF. Share markets haven't

reacted to this. The reaction has

come in currencies. The euro much

stronger against its competitors

and also bonds with investors

growing in confidence with Greece.

They've been pleased to place their

money with the Greek economy. The

Dow Jones up eight points overnight.

It closed a few minutes ago above

the 11,000 point for the first time

in 18 months, a positive for

markets. Indeed. We have the US

reporting season kicking off this

week. Minutes ago Alcoa reported

after the bell. If it's a good

quarter over there, which should

see our market push even higher?

Yes. Just on that Alcoa result,

they're the first of the Dow Jones

companies to report for this

quarter. Their revenue is up 18%

based on aluminium prices being, on

average, 57% higher this year. That

certainly looks to have pleased

investors and that should push the

Dow Jones higher tomorrow. The

Australian market will get its lead

from the US market through this

reporting season so it does have a

very strong influence. So far so

good. We're off to a positive start

but it's only one out of 30. With

the Australian market up strongly

yesterday, we hope we can

consolidate those gains today. Indeed.

It seems everything is on the up

and that includes the mood in the

office. Australian workers are more

positive about the future than

their peers according to the 2010

global workforce study. Just over

half of those questioned thought

their boss had managed to

successfully guide their company

through the GFC. The majority of

Australian workers prefer stability

to promotion. 64% want better pay

but only 29% think they can ge4 but only 29% think they can get it.

Briefly in other business news,

AirAsia will double long-haul

flights from Kuala Lumpur to

Melbourne and Perth.

Work at BHP Billiton's WA nickle

mine has been suspended after a 45-

year-old worker was killed when his

vehicle fell down a shallot and the

first 3D televisions go on sale here on Monday.

So, Ron, that's it from me. One day

I think, you know, 3D, look at us,

you and me. I'm big enough on 2D.

Your jig will be even bigger in

person. If I can shut her up I'll

look at the weather for you. Oh,

how rude!

I don't know why she's excited. I

think she's had coffee! That's it

for Ten's Early News. Our next

bulletin is at 9am just before The

Circle. The first 15 minutes of

this bulletin are on the Ten News

website. I'm Ron Wilson. See you

tomorrow. I'm Kathryn Robinson.

Thanks for joining us today. See

you tomorrow. Goodbye.

Supertext Captions by Red Bee Media Australia. Time to rise and shine, Animalia!