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ABC News 24: 9am News -

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(generated from captions) This Program is Captioned Live. The Government backs a

call by the head of Treasury to lift productivity. We need to

keep relentlessly focusing on

productivity. All quiet in

Athens, as the Greek austerity package passes its final

hurdle. Police investigating

links between a drive-by

shooting and Sydney's notorious

Ibrahim family. And Sharapova

to meet Petra Kvitova in

women's final at Wimbledon.

Good morning. You're watching

ABC News 24. I'm Beverley

O'Connor. We expect growth in

living standards to slow over time unless productivity improves. Ironically the

policies we need to sustain the

growth in living standards are

the same policies we need to

pursue with those other two

big, ageing population and

climate change. Earlier this morning, assistant Treasurer Bill shorten told ABC News breakfast improving breakfast

productivity doesn't

necessarily mean working longer

hours but I agrees it does need

to be improved. I think

Australians shouldn't be afraid

of the future. We're on the

fringe of the fastest-growing

economic region in the world.

Our farms are the best in the world,

world, our mining companies are

doing well, our services sector

is as good as anywhere in the

world, so I am upbeat about the

future, but of course, as the Treasury secretary said last

night, we need to keep relentlessly focusing on productivity. Bill productivity. Bill shorten

talking to us earlier. Qantas

is planning to use larger

planes and combine services to

try to avoid school holiday

disruptions during next week's

engineers strikes. Engineers

will stop work for two hours in

Melbourne on Monday. Perth and

Brisbane will be hit on Tuesday and Wednesday. The engineers

are demanding better pay and conditions and

conditions and are threatening

to extend their industrial

action S Police in Sydney are investigating possible links

between a drive-by shooting in

the city's west overnight and

the notorious Ibrahim family.

A woman and a 7-year-old

escaped injury after their home A woman and a 7-year-old boy

was sprayed with bullets. The mother of the infamous Ibrahim

brothers lives next door. One

of the brothers was shot in of the brothers was shot in the

same street back in January.

Hannah Hodson cents this

report. It's all quiet here on

Holdsworth street this morning,

but last night shot were heard

at around 8.30 last night, as a

car sped by and peppered this

house behind me with bullets.

A woman in her 30s and a

7-year-old boy were inside, but

not injured. The house is nextdoor to the nextdoor to the mother of the notorious Ibrahim brothers,

including John Ibrahim, the

nightclub owner from Kings

Cross, and Michael Ibrahim, Cross, and Michael

serving a nine-year sentence

for manslaughter. Police say

they're investigating whether

there's any link between the

Ibrahim brothers and last night's incident, but they

won't confirm at this stage

until later this morning. In

January, Sam Ibrahim was shot

on this very street and last

summer there was tit for tat

violence in this area during a

time of gang violence between

the gang notorious and the common

common cheerios. Neighbours

say this kind of violence in

this area has been going on for

years and they're sick of the

drama. One woman we just spoke

to indoors was too to indoors was too afraid to

come out and speak on camera.

Another chap who lives nextdoor

to the house that was peppered with bullets says he's also

sick of the drama, but is not frightened A couple from Hong

Kong has been arrested in Perth

for trying to smuggle rare

reptiles out of the country in

bears. It's alleged the pair

tried several times to post the tried several times to post

bears overseas. The reptiles,

which included more than 18

bobtail lizards, can fetch

thousands of dollars on thousands of dollars on the

Asian black market. Calm has

returned to the streets of

Athens after the Greek

parliament gave the final nod

to the budget cuts. The international union and International Monetary International Monetary Fund

have welcomed the vote. They

refused to pass on the instalment of the bailout refused to pass on the next

package if the measures package if the measures were

rejected. A large crowd of

protesters remain outside the

parliament, but so far there

hasn't been a repeat of the

violence of the last two

days. Earlier this morning, Europe correspondent Emma days. Earlier this morning, our Alberici told 'ABC News

Breakfast' that the second

parliamentary vote was little

more than a formality. It was

the final hurdle for George

to Papandreou, who has been trying

to secure this deal for quite

some time debate after debate

about whether this is the right

medicine, to put it in the

words of the Opposition Leader, to cure the ills of to cure the ills of this

economy. Of course the

measures include $40 billion

worth of cuts to the economy,

spending cuts, but on top of

that also quite stringent that also quite stringent tax

rises that will hit the poorest

in Greek society the hardest.

Hence the massive turnouts and violent demonstrations we've

seen on the streets over the

last two days, not violent, it

has to be said, tonight where

the mood is calm and relaxed

and very, very fraught still at

the gates to the parliament,

verbal where there is a bit of a

verbal stoush going on now between police and

between police and protesters.

Nothing more than that. The roads certainly aren't closed

and of course the last two days

we had a general strike here in

attens, whereas today everyone

was back at work. It's

starting to intensify now.

It's passed a quarter past 11

at night here, and yet there

are at least 2,000, maybe 5,000, people just below me

here in the central square. As

I say, at the moment it is

quite relaxed and calm. There

sitting around are children, the elderly,

sitting around playing,

dancing, singing. There isn't

a real appetite, it wouldn't

appear, for conflict. Emma Alberici.

Alberici. Meanwhile,

Australians of Greek origin are

of also concerned about the impact

of the austerity measures. Melbourne's Greek newspaper

kneos cos mow, this morning he

said many Gleick said many Gleick Australians

were also affected, especially those

those who own property in

Greece. One must bear in mind 600,000 Greeks are in

Australia, so lots of them Australia, so lots of them have properties out there, they've

got money in the banks, they've

got investments of all

descriptions. So whatever decision the Government decision the Government makes,

it affects them directly, and in recent years also it

in recent years also it may affect about seven and a half, 8,000 Greek Australians who have applied for the Greek pension with the Government.

Everything is put in the

backburner due to the economic

situation. What is most of situation. What is most of our

compatriots here is also the

fact that the Government has decided within the decided within the framework of

the new austerity measures to

add tax to properties in

Greece, so there is a strong

possibility that quite a possibility that quite a number

of us will be asked to pay tax

on real state that is kept in Greece as well as tax they -

money they earn from interest

on deposits with Greek banks.

We are Australians of Greek dissent, so Australia is our

first priority. Yes, most of

us maintain the emotional link,

the emotional bond, but, as we all know, when a government decision hits the pocket decision hits the pocket nerve,

if I can put it this way,

people object, people react adversely

adversely to whatever measure

has been introduced. We've

been asked on different

occasions to contribute, and we understand the Government understand the Government may

issue a bond that will

circulate within . We'll have the opportunity to contribute.

We've contributed in the past

on different occasions, and it

is on the cards as far as we

know that at some stage the

Government may come to us Government may come to us for

assistance. Helping them, yes,

if we have to pay taxes, we'll pay taxes. We don't ask the

Government to make an exemption

on us. What we are saying,

however, is that however, is that properties maintained in Greece for

holiday once in a blue moon or

moneys that are being kept in

accounts in Greek banks should

not be taxed at the level that the locals will be taxed. That

is costas Nick Leader of the

Oppositionlas, a newspaper

editor. In the UK, hundreds of

thousands of public servants Marched through London

protesting planned changes to

their Government pensions. 2

dozen people were arrested

after minor scuffles with police. Philip Williams with

this report. For hundreds of

thousands of public sector

workers, the office and the

classroom gave way to this, an

angry display of frustration

with a government that wants with a government that wants to raise the pension age and slash

benefits. Do people really want 68-year-olds want 68-year-olds teaching

their children, and I think enough is enough. The

attraction of a job of a good

pension is going to be weakened

and I think that's going to cause promising cause promising young teachers to leave the profession. In

cities throughout the UK, the message was consistent - a sense the weaker were paying

for the sins of well-hailed bankers. But the Government

says they're not being

punished, but as people are

living longer, the pensions are

simply not sustainable. The

costs have risen dramatically

in recent years. Over the last

10 years, costs have increased

by about a third. Around 12,000

schools were closed or

partially shut down. Desperate parents were forced to find

alternative child care or stay

home from work. Sympathy home from work. Sympathy for

the strikers was sometimes

running short. I have some

sympathy with the teachers, but

I think they've done it too

early. I don't think there's

any reason for it. They should

be in the same boat as

everybody else. I definitely

have sympathy is with them.

From what I've heard, they need

to stand their ground. There

were some scuffles and arrests,

those blamed mainly on anarchists who joined the

march, but the vast majority

just wanted to send the message don't mess with our

retirements. I'm 54 years old.

This proposed changes to

pensions is going to extend my

working life to 66. It's going

to halve the pension that I get

and it's going to mean that if I

I die, my husband will get only half of

half of what he's due

now. There were other workers

with rather different concerns, the partially the partially government-owned

Lloyds bank announced another 15,000 jobs were to go on top

of 30,000 already decided. In

a week where a series of retail

chains said they are closing

down. An economy under

pressure, unhappy workers, a

recipe for more trouble. While

the Government has been

extremely dismissive of these people, saying their actions are irresponsible, they may

have to get used to protests

like this, as a summer of discontent seems almost inevitable. The United Nations tribunal investigating the murder of Lebanon's former

Prime Minister has issued four

arrest warrants. Mr Har eari

and 21 others died when a huge bomb exploded near bomb exploded near his motorcade in 2005 and the warrants reportedly named senior

senior members of Hezbollah.

Middle East correspondent Ben

Knight reports. Even by the

standards of Lebanon's painful history, the assassination of

raf ik Hariri was lit raf ik Hariri was lit lally shattering. The shattering. The truck bomb

killed not just the Prime Minister but 22 other people

and destroyed a huge area of the Beirut sea front.

Immediately the finger was

pointed at Syria, a country

that had long had its own

fingers in Lebanese affairs and

its soldiers on Lebanese

streets. Such was the outcry

at the time that Syria was

forced to pull its troops out

of Lebanon soon afterwards, something

something that's rankled the Syrians ever since. When

United Nations set up its

special tribunal for Lebanon to

investigate the Prime Minister's murder, its

attention turned not to Syria,

but to Lebanon's but to Lebanon's home-grown resistance movement Hezbollah. Late last

Late last year, as the time

grew closer for the tribunal to

start issuing its Hezbollah's start issuing its warrants,

Hezbollah's leader made his

position on that idea very

clear. "mistaken are those who think we will allow arrest or detention of any of our

fighters", he said "any hand that touches any of them will

be cut off." Politics rarely

gets more complex than it gets more complex than it does

in Lebanon. Heads bowla back

then was part of the

government. That was a

government led by the son of

the murdered Prime Minister.

It was never an It was never an easy arrangement. When Hezbollah

demanded that Said ah ir y boycott the tribunal, he

refused and his Government

collapsed. Now Hezbollah has grown in power. It's the

backer of the new Lebanese government, a government that

has now received arrest

warrants for four people believed to have links to

Hezbollah. It all puts the country's new Prime Minister in

an incredibly difficult position and his response to

the indictments was vague at

best. TRANSLATION: We are

today in front of a new reality

that requests a wise approach

and putting the supreme

interest of the country, civil

peace and national unity and

knowing the truth above knowing the truth above all

concerns. So we'll deal with

responsibility and reality with this incident, starting this incident, starting from that the accusations, whatever

its sources, are not verdicts and the accusations need real

and undoubted proof and any

accused person is innocent

until its accusations are

proved. His Government now has

30 days to do something. What happens after that is anyone's

guess, but in Lebanon the answer is rarely good. This

weekend the people of Thailand

will vote in a will vote in a landmark election amid continuing political tension in the divided country. The poll

comes a little more than a year

after deadly clashes between anti-government red shirt protesters and government

soldiers in Bangkok. More than

90 people were killed, as many

as 2,000 injured. Our South-East

South-East Asia correspondent Zoe Daniel reports from bank

Cobb. This Sunday will will be

about 170,000 police on the

streets of Bangkok and streets of Bangkok and cities

and towns of rural Thailand.

They will be protecting both polling booths and some 430

candidates who've requested

security. There have been a

number of shootings during the campaign for the election,

which follows violent civil

unrest in Bangkok in April and

May last year. There's still

serious division in Thailand,

where the anti-government red

shirts still support former

Prime Minister Shipp Shin, --

Thaksin Shinawatra, ousted in a

coup in 2006. They back the

opposition Puea Thai party, now

led by his sister in Luck. The

incumbent democrats are backed

by the middle cass class and

elites, which are their elites, which are their most extreme yellow extreme yellow shirts, also

known for large-scale protests. Throughout the campaign, Puea

Thai has led in the polls, with

which may mean that Yin Luck Shinawatra will soon be the

first female Prime Minister.

While it's likely to win the

popular votes, it's expected the Democrats may try to govern

via a coalition with smaller

parties and that may cause the anti-government movement to

react. The other key factor is

whether the military, notorious

for being involved in Thai politics and involved in the

2006 coup, will allow a party

led by Thaksin Shinawatra's backed by the Red Shirts and

sister to govern. A result

from the popular vote may be

known as soon as Sunday night.

Who will govern in the long

term is a much more complex

question. Meanwhile, UN chief

Ban Ki-moon has asked for a

fair and credible election and

has said that all parties must follow the will of people. Zoe Daniel in Bangkok.

Our top stories this morning - assistant Treasurer Bill

shorten says he agrees with the

Treasury head that Treasury head that productivity

needs to improve. Martin Parkinson is warning that

living standards will fall if

there isn't a rise in

productivity. The Greek

Parliament has given the final

nod to the Government's tough

new austerity measures. A

large crowd gathered outside

parliament, but there was no

repeat of yesterday's violence.

The package was crucial The package was crucial to

avoid the country running out

of money. Sydney police are investigating any possible links between the links between the notorious

Ibrahim family and a drive-by

shooting overnight. A woman

and a young boy escaped injury when their home was sprayed

with bullets. The mother of with bullets.

the Ibb bim brothers lives nextdoor. Not good nextdoor. Not good enough is

producers to the Federal the angry response by beef

Government's $30

Government's $30 million

meeting with compensation package. At a

meeting with Queensland graziers, the overwhelming call

was for a swift resumption was for a swift resumption of

trade with Indonesia. The

ABC's Josh Bavas reports from

Mount Isa, which is in the

State's north-west. Arriving in

droves to get answers about the

decision which put their lives

on hold. I think we've been

forgotten for years and I think

it's time we The Prime

Minister is opening the doors

for financial financial relief,

with a $30 million assistance

package. This is a package to meet the short-term hardship

that the industry is facing

now. It is a package which

will enable people to get direct monetary support. It means grants of 5,000 and $20,000 will soon be available for graziers and related business owners, but the

Opposition says it's not what was asked for by the people of the north. Cattle

the north. Cattle industry

their trade back. Hundreds doesn't want welfare, they want

converge ed from the guvrl, Longreach and even as far as

the NT and they're not wasting time to vent their anger. Everybody in this room Everybody in this room should

be so (bleep) angry at you

people, they should just bloody

slaughter you. What you've

done here to this group of

people in this room is absolute bloody

bloody bullshit. With all due respect, the offer of compensation of $25,000 is but

a piddle in the Norman

River. Meanwhile, MLA is

waiting with baited breath for

a decision by the Indonesian

Government to release the next

quarterly export permits for

Australia. We don't know.

That's in the hands of the

Indonesian Minister as to when

they will be handed out and they will be handed out and at

this point they close today.

The next quarter is The next quarter is an unknown. If they're not

Australian beef could be locked approved in the next 24 hours,

out of Indonesia for the

following three months. The

leader of the northern pack

blames the Greens for the fallout.

fallout. The greenie monster

has to be fed every four or

five months we have to give a human sacrifice to the

Greens. But these graziers just

want a solution before the next

wet season. Now some breaking

development in the news. There's been a

investigation into the Reserve

live now to 7.30 presenter Bank's currency maker crossing

Chris Uhlmann. What can you

tell us about this developing story? Well, the police have

been investigating, the

Australian Federal Police,

investigating scurnscy for two

years on the suspicion years on the suspicion they've

been involved in foreign bribery, an offence under

Australian law. As I

understand it, this morning the

police are in the process of

issuing writ s to people issuing writ s to people involved with secureency, we've

to sent a crew over to Melbourne

to see what's going on there.

Just recently, in the last few minutes, the police have issued a press release saying, the

Australian Federal Police has

made arrests in Victoria this

morning following a two-year

investigation into alleged

foreign bribery. The AFP will

not make further commented

about the investigation until a doorstop press conference

opportunity to be held at opportunity to be held at the AFP's

AFP's office this morning, at

10am. As I understand it, it

is with kurnency, partly run by

the Reserve Bank of Australia,

of course. It's been the

course of an investigation now

for two years and it's for two years and it's also being investigated by the

British serious fraud office.

Just repeating, all we know at

the moment is that the police have made arrests this morning

and that those arrests involve the company produces the polymer bank notes,

notes, which we all well. No doubt, as you said, 10 well. No doubt, o'clock will be the o'clock will be the briefing by the Federal Police. Thanks for your time. Thank you. Now to your time. Thank you. Now to your time. the Federal Police. Thanks for

the markets, Wall Street saw a

fourth consecutive strong

result overnight off the back

of news from Greece that of news from Greece that that result overnight off the back

of news from Greece austerity package had been

passed for a second time. The Dow has closed up 152 points,

Nazdaq 33 points higher, S&P 500 was 14 points up. London the FTSE

London the FTSE closed up 89

prices, West Texas crude is

trading at 95.28 a barrel,

tapis crude at 118.93 a barrel,

gold trading at 1498.69 an

ounce. The Aussie dollar has rebounded strongly overnight.

It is at 107.32, very close to

74 Euro cents, and 66.81 pence sterling. That's cross now to Amy Bainbridge with all the sports news. Good morning again. Good morning again. Wimbledon

finalists have been decided.

Maria Sharapova defeated her German opponent Sabine Lisicki

in straight sets in her semi,

taking the match 6-3, 63. taking the match 6-3, 63. She

won the championship as a 17-year-old in 2004 and will be

the favourite when playing the 21-year-old Czech

21-year-old Czech star Petra

Kvitova in the final. Petra

Kvitova beat Victoria Azarenka

miez best match of the in three sets. Today wasn't

championship. I was happy to get get through in two sets. It's

pretty amazing to be back in

that stage. I expect her that stage. I expect her to be

a really tough opponent, number one she's a really good grass

court player, proven that last

year getting to the semifinals,

also a lefty, which I've said

before on grass is very tricky. She's using her

well. It will be tough. well. It will be tough. It

it was important it was important for me and when I came here, I just play match after match. This is a

surprise to be in the final of

wblingd Yes. We wish her all

the best, both the finalists. To Super Rugby, Queensland will

be bolstered by the return of

three stars in the Reds for

tomorrow night's semifinal

against the Blues. Abdul Fatah

Younis, Anthony Faingaa and

backrower Beau Robinson have

been named in the starting line-up Brisbane. There's no questions, strongest team available, players still injured. That's

the nature of the beast. We're

pretty happy with the xen

significance and their capacity

to do the job. We hyped it up too much, no need

to in big games. It's

dangerous to get too excited too early. that by being measured in the information delivery

sure we stick to what works for

us. We're quite strict around

the training times and type of training we do each day and

recovery side, so the attention

to detail has been very good.

The emotional side will build

up as we get closer Ewen

McKenzie there. Melbourne will

wear black arm bands tonight in

the match as a mark of respect

member for the Demons hall of fame

member Sean Wight. Wight died

of lung cancer yesterday

morning. He was 47. morning. He was 47. The Irish-born star played 150

games for the Demons in an 11-year career. AFL chief

executive Andrew Demetriou has paid tribute to Wight. I

happen to play in the same era

as Sean and it was devastating

news yesterday, particularly as

we all knew that he was really, really sad and

devastating. To Sean's family

and his friends, we offer our deepest sympathies, because he

was one of the great pioneer was one of the great pioneer s

of overseas players that played

our game when he came out with

Jimmy stins. Andrew Demetriou

there on that very sad news. Just very briefly, Bev, Andrew

Demetriou was also asked Demetriou was also asked this morning about the players dispute and there's reports out

this morning that the players

may take to the field and cover

up AFL logos on their up AFL logos on their uniforms, but he says he would come out, that's a bit of a media beat-up, a media beat-up, he thinks. It

may happen eventually, but it will be

taking. I don't think we're

near that yet. Thanks so much

for your time. Let's go to Vanessa O'Hanlon, who has all

the weekend weather. How is it

looking, Vanessa Still a front

and trough moving east over the

bite and dragging moisture SA. Stronger northerly winds

will increase tonight and

tomorrow in SA, and we tomorrow in SA, and we could see

for the South Australian

south-east coast. The weather

will then shift to the will then shift to the

south-east on Sunday. With the secondary front due secondary front due over the south-west tonight, showers will persist throughout the

weekend, a broad high over the

Tasman still pushing Tasman still pushing those

showery south-easterly winds on

to the east coast, the winds will

will ease and most showers will

clear into the weekend as they

become more ice lighted to the

northern tropical coast.

Queensland, isolated showers

will persist along the east coast and spread a little

towards inland areas. Strong

gust early winds will begin to

weaken this afternoon. 21 in

Brisbane. For NSW - isolated

showers on the north and Central Coasts, also about the

adjacent east ranges. For

everybody else, you're in for everybody else, you're in for a mostly sunny day with south-oo east to north-easterly winds. Chance of a light shower in the

far south west of Victoria,

Melbourne heading for 17. Cloudy at times over Tasmania,

we could see drizzle in the

north, quoo it a bit of fog

still about, light to moderate

northerly winds. SA - cloudy

in the south with isolated

showers and mild northerly

winds, lifting temperatures

slightly to a top of 20

Adelaide. For WA, isolated

thunderstorms near the west and

south coast, showers will continue in the Perth has recorded over 22mm since 9 yesterday. We're

seeing showers from the

Gascoyne down towards the

Eucla. Sunshine for the north of the wrapped up their second record

cold months in look ahead to the weekend. A few showers are expected in

Perth, a top of 17 degrees.

Mostly sunny in Darwin and also

in Hobart, a top of 14, and

Brisbane can expect a Brisbane can expect a possible shower with a top of 20 degrees. Thanks so much,

Vanessa. That's a round-up of

the morning news. the morning news. Don't forget

of course there will be the

breaking news coming at 10, a

press conference from the

Federal Police on breaking news around the Reserve Bank's

around the Reserve Bank's

currency maker. Up next

'Business Today'. Have a great

weekend. We will see you again

on Monday. Bye bye for now. Closed Captions by CSI Live. Good morning. Welcome to

'Business Today' for 'Business Today' for Australian

network. I'm Whitney

Fitzsimmons. Coming up program - relief rallies,

stocks in the US stocks in the US and Europe

climb, after Greece approves

harsh spending cuts. Crucial step - Greek

legislation to avoid a default.

And strike anger - public on the Government over pension changes. Those stories coming

up shortly. First let's take a

quick look at the markets. quick look at the markets. The local session will day soon. More on that in a

moment. moment. Yesterday around the region trade was the board. Japan's Nikkei added 18 points. The Hong Kong