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Ten Early News -

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(generated from captions) This program is captioned live.

It's Monday morning. This is Ten

News.

Good morning, I'm Ron Wilson.

And I'm Kath Robinson.

Making headlines this morning - the

Deputy Prime Minister pulls off a

pole vault. Her sharp surges ahead

as the PM's popularity plunges to a new low.

Jessica's new journey. The world

solo sailor says she wants to use

her new-found fame as a force for good.

In sport, Aussie Mark Webber steers

clear of trouble to take the

chequored flag and the lead at the

man ako grand prick.

Then in finance, easing the

pressure. Why a slowdown in

population growth could take the

heat off interest rates. population growth could take the

heat off interest rates. Now a look

at the national weather for the day:

Kevin Rudd is facing another plunge

in popularity in morning. The

latest Newspoll shows his standing

as preferred Prime Minister under

50% for the first time. And to rub

salt into the wounds, his deputy

has pulled off something of a pole vault.

There are more black clouds over

Canberra this morning. Any hopes of

a Labor surge off the back of the Budget have been dashed. a Labor surge off the back of the

Budget have been dashed. The latest

Newspoll shows Labor and the

coalition tied neck and neck with

an equal share of the vote. Kevin

Rudd has slipped as better Prime

Minister, down one point to 49,

with Tony Abbott up one at 33.

Raise raise But it's not just Tony

Abbott snapping at the heels. Kevin

Rudd has a threat from within. The

poll also reveals that Deputy Prime

Minister Julia Gillard's popularity

is rising fast, with more and more

voters seeing her as a potential

party leader. Newspoll puts her up

eight points to 40% as best Labor

leader, with Kevin Rudd down 12 points to 45. leader, with Kevin Rudd down 12

points to 45. She's unlikely to

launch a challenge for the top job,

but the figures will make for uncomfortable reading at Parliament House today.

The Australian Workers Union has

weighed into the debate over the

Government's superprofits tax. It's

slamming the mining industry with a

series of TVads, which it says will

inject some truth and reality into

the discussion. Voice voice let the

mining bosses know - it's time to put something back.

It's head of the union, Paul Howes, says

says he's dubious about mining

projects being delayed or scrapped projects being delayed or scrapped

because of the tax.

Meanwhile, Treasurer Wayne Swan is

heading into the lion's den as he

meets business leaders in WA. He's

bringing the Budget road show to

Perth. But the centrepiece, the tax

on mining superprofits will prove a

tough sell in the WA-rich State.

World solo sailor Jessica Watson is

trying to get back to life as a

normal teenager today, if indeed

that's possible. She's putting the

finishing touches to her 17th

birthday party tomorrow, and she

certainly has plenty to celebrate.

Jessica Watson relished time with

family and then a day of rest in

Sydney's north after being at sea

for 210 days. I hardly ever

actually slept at night. I always

found that I sleep Bessemer in the

morning. So I don't have a normal

day. She's happy to regain her land day. She's happy to regain her land

legs and to walk in open space. It

is not so much the physical sailing.

It's not particularly hard work. It

is hard work, yeah, and sometimes

the hands get worn thin. But just

the constant motion gets to you

after a while. The 16-year-old says

that the hardest time is when the

yacht was knocked down. You know

that you've got a solo boat in the

hull, but you don't know what will

be left on deck. That's what's

going through your head, and the

boat just springs itself back up

quickly. You don't know what's

going to be left and what damage

there is. And obviously everything

goes everywhere. In the days

leading up to the adventure, the

sailor was left frustrated. For a

while, it was driving me mad.

Because I hadn't done any sol

sailing and then there was me sailing and then there was me

telling the world that I was going

to do that and I hadn't been out by

myself. I knew I could do it and myself. I knew I could do it and

there was a niggling doubt. Jessica

wants to use her new-found fame to

reach out to millions. It is not so

much the responsibility, but an

opportunity. You know, like I can

do something with this. And you

know, I really can make a

difference. So it is not so much

responsibility, but something that

I would like to do, yeah. But of

course, there's still time to be a

teenager. Just getting a haircut

and wearing nice cloths. Just

normal thing, yeah.

Which we're told she has done, incidentally.

And one man who helped to finance

the fea, it is no stranger to

adventure. Joining us by telephone

isent repennure Dick Smith. Thank

you for talking to us. Jessica

disagreed with the Prime Minister

and said she's not a hero, just an

ordinary girl. What kind of example

is she setting? What sort of an

inspiration is she to ordinary

people? First of all, I agree with

the Prime Minister. She is a hero.

She is quite exceptional, and even

though she says that you can live

your dreams, you have to be capable

too. I know that when I was 16

years of age, if I decided that I

was going to sail around the world,

I wouldn't have been able to do it,

as simple as that. She's obviously

got a tremendous maturity and an

incredible young lady. It won't

just be a career ahead of her in just be a career ahead of her in

sailing, but how wide could the

future be? She's obviously got

quite extraordinary leadership

abilities. There she was solo and abilities. There she was solo and

leading herself, and it would be

great if she got into politics, but

maybe she's not that crazy. Maybe

not. She also seems to have the

gift of the gab in front of the

microphones? Yes, a lovely

personality and a very inspiration.

I wasn't around. We weren't around

when Amy Johnson arrived in

Australia after flying from England.

And she got the type of incredible And she got the type of incredible

support that Jessica got. So this

probably happens maybe every 100

years or so, you get someone as years or so, you get someone as

fantastic as this who inspires fantastic as this who inspires

people. You've had experience like

this coming down from an adventure

period. The let down period after

the hype is gone, how do you cope

with that? It is interesting,

because before I flew solo around

the world, I was relatively well

known. But Jessica will cope with

that. She'll move on to other

things and do other exciting things and do other exciting

adventures. Think we'll hear from

her for a long time to come. Thank

morning. you for having a chat to us this

A man has died in a unit fire in

Melbourne despite desperate efforts

by neighbours to save him.

Emergency crews from called to the

North Melbourne block about 10:00

quickly. last night to find flames spreading

The person was taken from the

building by a good samaritan and a

neighbour next door. The man, aged

in his 60s, died in hospital after in his 60s, died in hospital after

suffering burns to 60% of his body.

An already overrun Christmas Island

is having to find room for another

92 asylum seekers today. Yet

another boat has been intercepted.

The 55th this year. Boat arrivals

are almost three a week. The latest

was near Scott Reef off the west

coast of WA. The boat was starting

to sink. The boat will join

hundreds more at Christmas Island.

The number of jobs on Australia's

skilled migration list that is been

slashed. Cooks and hairdressers

given the chop, along with 200

other. The list has dropped from

400 to 108 as the Government

assesses need. Ministers say that

they want to ensure that

immigration is demand driven, not supply driven.

In sport this morning, Aussie Mark

Webber has surged to equal top on

the Formula 1 driver's championship

after a history-making win at the

Monaco Grand Prix. It was a day of

high drama at the famed street

circuit. Webber was lucky to avoid

this spectacular crash four laps

from the finish. The pole setter

became the first Aussie since Jack

Brabhan back in 1959 to clinch a

win at Monaco. It was Barcelona one win at Monaco. It was Barcelona one

week, Monaco the next. Absolutely

incredible. For sure, the greatest

day of my life to date. To win here day of my life to date. To win here

is very special. Webber now shares

the driver's championship lead with

team-mate Sebastian Vettel.

A fast-running Bombers outfit has

claimed a 12-point win to finish

AFL Round 8. It was the big men who

dominated, but the physical clash

may have a match review aftermath.

Essendon won the contest, but David

Hill faces another visit to the

tribunal after this shot.

I think he's going to be in a bit

of trouble with that one. The down

the ground free kick resulted in a

goal to Justin Koschitzke, and he

was in the air with a huge leap.

Hamstring problems for both teams.

Jason Graham done for the day, and

Zac Daupson was untidely. The

Bombers kept the lead. Paddy Rider

sealing the seen. The Hawks had a

narrow 3-point escape over the

Tigers, despite the return of big

names. Blows were traded at half

time. The Tigers refuse today tie

on the ground or in the air, but

couldn't breakthrough. And the

Blues brigade got busy in the win

over the Power. But Eddie Betts

faces an anxious win. The Blues

running out 26 opinion point winners.

And the Wests Tigers have issued an apology after their humiliating loss apology after their humiliating

from yesterday: loss to South Sydney. Other scores

But at the Sydney Cricket Ground,

the Rabbitohs ran in 9-2 tries.

the Rabbitohs ran in 9-2 tries. Kath was on her seat

Kath was on her seat cheering.

We really owe the fans an apology

for that today. The players and I

have just had a long discussion

about it. After yesterday's win,

Penrith is now second on the ladder.

And Kath, I'm surprised that you're

not wearing the colours.

How good are the Bunnies!

We just mentioned there the changes

to the list of requirements as far

as skilled immigration is concerned.

Is there a financial side to that?

There could be. One forecaster is

suggesting that it could help to

ease upward pressure on interest

rates and rental accommodation. A

report from forecasting group BIS

Shrapnel says the break neck pails

of population growth is going to

slow down. According to that,

coupled with the stronger Aussie

dollar, will make Australia less

attractive to temporary workers

from overseas and they say that

that also means slower retail sales,

interest rates. interest and therefore, less pressure on the

To the markets now and a bumpy ride

for local stocks is expected on the open today.

In other business news now briefly.

Unions are calling for the minimum

wage to increase by about 5% to

make up for last year's wages

freeze. Later this morning, the

Bureau of Stats will publish

lending finance data for March. And

an accurate picture of the finances

of the failed childcare operator

ABC Learning at the time of

collapse will be made public by

administrators next week. administrators next week. collapse will be made public by

There's a weather check on the

screen today:

Ahead in Ten News, Iceland's volcano, the Eyjafjallajoekull -

and I say that just because I can!

It's at it againment I'm glad it

was him and not me. More airspace

is closed because of that. Full

details after the brake.

This program is captioned live.

Welcome back to Ten News.

There's a double whammy

disappointment for Kevin Rudd this

morning. Any hopes of a big Labor

surge off the back of the Budget

have been dashed of the the latest

Newspoll shows Labor and the

coalition tide neck and neck. Kevin Newspoll shows Labor and the coalition tide neck and

Rudd has slipped as preferred Prime

Minister down one point to 49% Minister down one point to 49%

that.'s the first time he's fallen

below the 50% mark. The poll also

reveal that more and more voters

see his deputy, Julia Gillard, as a see his deputy, Julia Gillard, as a

potential party leader, although

she's unlikely to challenge for the top job. she's unlikely to challenge for the

top job. Meanwhile, the Australian

Workers Union has launched a

national advertising blitz

supporting the superprofits tax. It

comes as the coalition rushes to

defend the opposition to the tax

after a shadow minister bought

shares in a mining company.

Almost like a page from the Prime

Minister's picture book, the Rudds

and their best friend out for a

stroll. REPORTER: Is that as far as

you're going? But it is the

Queensland Liberal's opposition to

the mining tax which has seemingly

gone to the dogs. The shadow Health

Minister admit today buying $2,000

worth of shares in BHP just after

the announcement of the tax. They

are demonstrating that they do not

believe that a resource superprofits tax would damage the

mining industry. I would let every

person make their own investment

decision. Mr Dutton claims that he

purchased the shares because the

announcement wiped value off the

company, but he's towing the party

line, saying he'll continue to

fight against the so-called great

big new tax.

On the other side of the fence, the

Australian Workers Union is

fighting too. I'm concerned about

the personal wealth of these mining

mag thats being used to try to buy

the election. They do recognise

privately that they do need to pay

a bit more. While it will surely

help the Prime Minister's stakes in

the lead-up to the election, when

it comes to polling, he's no longer

the top dog. A survey by action

group Get Up, indicates support

among the young members has more

than halved since the Kevin 07 campaign.

World solo sailor Jessica Watson

says she wants to put her new found

fame to good use. She says she's

had a haircut and is enjoying

wearing nice cloths again. But more

seriously, she's looking at ways to

give something back to the

community. It is not so much

responsibility, but it is an

opportunity. You like, you know, opportunity. You like, you know,

like I can do something with this.

And you know, I really can make a

difference. So it's not so much

responsibility, but it is something responsibility, but it is something

I'd like to do, I suppose, yeah.

Jessica also says she's looking

forward to celebrating her birthday

with her family. Tomorrow she'll be 17.

A scaled down search will resume

today for a missing Sydney

fisherman. The 29-year-old's

pregnant wife sounded the alarm

when he failed to return home after

a day out fishing at North Bondi.

Officials found his car and his

fishing gear. But there's still no

sign of him.

Australian tourists remain holed up

in Bangkok hotels as violence on

the streets of the Thai capital

escalates. A live firing zone has

been declared in the heart of the

city. Anti-Government protesters

are using petrol bombs and rockets

to fight the Thai army who are

hitting back with live ammunition.

Saying that I felt completely at

ease. Of course things could flare

up so seriously down there.

Travellers are being urged to

rethink their travel to the region.

Iceland's volcano has again forced

officials to close airspace

stranding thousands of passengers.

A no-fly zone was declared over

parts of Scotland and England due

to the high density. London

airports have not yet been affected,

but experts say that they could

close by Tuesday. close by Tuesday.

Officials are expecting the cloud

to finger for most of the week. The to finger for most of the week. The

volcano has cost the airline

industry around $2 billion.

Well, Australia has lost the

Twenty20 World Cup final by seven

wickets to old rivals England. The

Aussies were off to a horror start,

losing three wickets for just eight

runs. But managed to post a total

of 147 thanks to a 59-run

contribution from Michael Hussey.

It was never enough, though. Kevin

Pietersen scored 47. COMMENTATOR:

One-handed, one-handed all the way.

That will do nicely through mid-

wicket. England charge on to the

field. Paul Collingwood and his

team have won the world Twenty20

men's final.

It's England's first major win in a

limited overs tournament and an

ominous sign in the lead-up to the Ashes.

Sharks coach Ricky Stuart has lined

up the referees following his

team's big loss to the Panthers. It

wasn't quite the thrashing they

copped at the hands of Souths, but

it was enough to make Stuart livid.

That's where I'll leave it, because

then it won't cost me any money.

That might be a bit like shutting

the gate after the horse has bolted.

After Michael Jennings' third try,

the Sharks were down by 20 with 30

minutes still to play. And nothing

was going their way. COMMENTATOR:

That's a tough call against

Cronulla. Sometimes I feel it is

easier for the Sharks not to get it

because it is not meant to win.

It's a waste of time talking to

Robert Finch. I don't talk to him.

I think he's a nice bloke, but I

don't tack to him about his job.

Stuart on such a roll, it was tough

to get a word in edgeways. Mate, it

is frustrating because... When you

have a sideline official running

down there making mart arse comments. Michael Jennings drew

special praise from the coach. As

did some - actually all of the big

name. I would pick them all. Lewis,

Waterhouse, Jenn nirbgs, gs. A

young bloke called Civoniceva or something!

The Bunnies took out the match at

the Sydney Cricket Ground and it

was a good score. We really owe our

fans an apology for that today.

A couple of AFL stars face an

anxious wait ahead of today's Match

Review Panel. Despite the team

winning, David Hill is under

scrutiny for this on Saint Brendan

Goddard. St Kilda tagger Steven

Baker has been done for wrestling.

Zac Dawson was in this spoiling

attempt at AAMI Stadium.

Other sport briefly this morning.

Rafael Nadal has become the first

player ever to win three

consecutive Masters series titles.

He debt feated Roger Federer in the

final of the Madrid Masters.

Cadel Evans is second place after

the Giro DItalia. And jaim Court

knee has won the fourth straight rails.

Local stocks are expected to get

off to a pretty rocky start today

after stocks on Wall Street and in

Europe tumbleled last week. Looking

ahead to the McEt activity is James

Rosenberg from Macquarie Private

Wealth. Is there any chance of more

stability this week? It doesn't

look like it. Particularly not in

the early part of the week. Last

week was incredibly volatile, and

Friday night saw a softness across

a lot of northern European markets.

Basically, there's ongoing concerns

about Europe's ability to recover,

Europe's ability to repay its debt,

and even some rumblings from the

Greek Government about legal action

against certain unnamed US banks. against certain unnamed US banks.

But what we have seen is confidence

in the euro absolutely evaporate.

It took a belting on Friday night.

Raising some questions about

whether sovereign nations might

even return to their own sovereign

currencies. All of that leads up to

a bit of instability, and of course,

instability is never good for the

financial markets and today it

looks like it will probably be 60

or 80 points to the red. Not a good

start. Looking a little bit further

ahead this week, investors will be

keeping an eye on the statement

from the Reserve Bank? That's right.

It's one of the key bits of

information that comes out on a information that comes out on a

month-by-month basis. A Couplesle

of weeks ago, the Reserve Bank

raised rates. Tomorrow we'll find

out the detail of the thought

process behind that. It is expected

from the commentary last time that

there will be a bit of a pause in

the rate-rising cycle. And

hopefully, we might get a bit of

detail tomorrow on exactly how long

the pause will be. Clearly

inflation on one hand is pushing

rates up. But on the other hand,

instability in the financial

markets that we talked about

earlier, and also a little bit of a

view that the reserve will want to

pause a bit and wait and see what

effect it will have, we'll remain

to see how long that pause will be.

But expectations towards the end of

the year, at least another two rate

rises and possibly as high as 5.25%.

Now to business in brief:

Well, I'm delighted to say, "here's

to you Mrs Robinson." Caroline

Robinson is celebrating a birthday

today. The mum of a well-known news today. The mum of a well-known news

reader who is sitting next to me.

Hammy birthday, mum.

We're live to Canberra in a moment

to hear if Kevin Rudd now has an enemy within.

And some bad news if your car runs

on LPG. We'll see when the news returns.

use Finish Dishwasher Cleaner. is available in new Lemon Sparkle.

This program is captioned live.

Monday's headlines from Ten News.

The Deputy Prime Minister pulls off

a pole vault. Her star surges ahead

as the Prime Minister's popularity

plunges to a new low.

Jessica's new journ yu. The world

solo sailor says she wants to use

her new-found fame as a force for

good.

In sport, Aussie Mark Webber steers

clear of trouble to take the

chequored flag and the championship

lead at the Monaco Grand Prix.

In finance, easing the pressure -

why new predictions of a slowdown

in population growth could take the

heat off interest rates.

The Federal Budget has failed to

stop Kevin Rudd's slide in

popularity according to a poll

released this morning. For more,

we're joined by James Boyce in

Canberra. The Prime Minister has

taken a den, but his Government has

managed to reverse the free fall it

suffered in the past few weeks. Yes,

good morning. Two weeks ago, we saw

a Newspoll that said that there was

an effective 10-point turn around

giving coalition the lead. But

today's Newspoll sees that things have today's Newspoll sees that things

have steadied. The pears are neck

and neck. This poll was obviously

taken in the days after the Federal

Budget, so you would expect things

to steady a bit there for the

Government. But concerning for

Kevin Rudd is that his popularity

as preferred Prime Minister

continues to slide. It's now below

50 points for the first time since

he became Prime Minister. But,

still lags well behind. He's still

on 33 points. And of course, with

all of the speculation about Kevin

Rudd's dipping all of the speculation about Kevin Rudd's dipping popularity, it begs

the question as to who should be

the leader of the Labor Party. The

polls in recent weeks have shown

that Julia Gillard is rising. That

is still the case, according to

Newspoll, she's now got 40% of

voters saying that she would be the

better Labor leader. That's been

replicated by a Galaxy poll too.

This must be taken with a bit of a

grain of salt, because it includes

all voters whether you're Labor,

Liberal or a Greens voter. So at

this stage, I don't think that

Kevin Rudd has to be too worried.

Yes, the figures can tell all sorts

of stories. In the shadow of the

supermining tax, some of the

world's top oil and gas company

executives meet not guilty Brisbane

today? The Australian Petroleum and

Production summit has a three day

summit in Brisbane. That will

include delegates from companies

like BHP, BP and Woodside Petroleum.

They'll be meeting today with the

Minister for Resources and energy,

Martin Ferguson. He's going to

discuss $200 billion worth of oil

and gas projects which are

potentially in the piepline and up

for grabs. But all of the projects

would... The oil and gas companies

would say, are in doubt until the

Government can really flush out the

detail of its mining superprofits

tax. That's 6% tax on the

superprofits. Three da days of hefty discussions there.

Thank you very much there.

World solo sailor Jessica Watson is

trying to get back to life as a

normal teenager today, if indeed

that's possible. She's putting the

finishing touches to her 17th

birthday party for tomorrow, and

she certainly has plenty to celebrate.

Jessica Watson relished time with

family, and in a day of rest in

Sydney's north after being at sea

for 210 days. I hardly ever slept

at night. I always find that I

sleep best first thing in the

morning once it is light and I'm

more confident to sleep. So I don't

really have a normal day. She's

happy to regain her land legs and

to walk in open space. It's not so

much the physical sailing. You know,

it's not particularly hard work.

Well some days are hard and some

days the hands are worn thin. But

just the constant motion. It gets

to you after a while. The 16-year-

old says the hardest times were

when her yacht was knocked down.

The worst thing is that you know

that it is a solo boat on the hull,

but you don't know what will be

left on deck and that's what's

going through your head, and you're

right, and the boat springs back up

pretty quickly. You don't know

what's going to be left and what

damage there is, and obviously

everything goes everywhere. In the

days leading up to the adventure,

the sailor was left frustrated. For

a while, it was driving me mad. I

hadn't done any solo sailing, and

here I was telling the world that I

was going to sail solo and I hadn't

been out by myself. I knew I could

do it, and there was a niggling

doubt and that probably made me

grumpy. Jessica wants to use her

new found fame to reach out to

millions. It is not so much a

responsibility but an opportunity.

I can do something with this. And

you know, I really can make a

difference. So it is not so much

responsibility, but something that

I would like to do, I suppose, yeah.

But of course, there's still time

to be a teenager. Just getting a

haircut and wearing nice cloths. I

don't know, just normal things.

All of the little things they take

for granted.

A man has died in a unit fire in

Melbourne despite desperate efforts

by neighbours to save him.

Emergency crews from called to the

North Melbourne block last night to

find flames spreading quickly. The find flames spreading quickly. The

person was taken from the building

by a good samaritan and the

neighbour next door. The man

whorbgs was aged in his 60s, died

in hospital after suffering burns

to 60% of his body.

An already overrun Christmas Island

is having to find room for another

92 asylum seekers today. Another

boat has been intercepted. The 55th

this year. Boat arrivals are

running at almost three a week. The

latest was found near Scott Reef

off the north-west coast of WA. The

vessel was starting to sink. The

passengers will join the hundreds

of others at Christmas Island for processing.

Meanwhile, the number of jobs on Australia's skilled migration list

has been slashed. Cooks and

hairdressers have been given the

chop, along with more than 200

other occupations. The new skills

list has dropped from 400 to 181

professions as the Government

reassesses the country's needs.

Ministers say they want to ensure

that immigration is demand driven,

not supply driven.

More than 175,000 pedestrians

batted people traffic just to walk

on Brisbane's newest bridge. It's a

duplicate of the Gateway bridge and

cost 13 times more than the

original construction. Organisers

opened the gates early. It's a

typical gateway, you can't move.

The bridge opens to vehicles next week.

Aussie Mark Webber has surge today

equal top on the Formula 1 driver's

championship after a history-making

win in the Monaco Grand Prix. It

was a day of high drama at the

famed street circuit. Jose Manuel

Barroso suffered high speed

incidents -- Barrichello suffered a

crash. Webber managed to duck

through the inside of this crash to

become the first Aussie since 1959

with Jack Brabhan to clinch a win

at Monaco. It is a winning weekend

for the Australian. He's done it.

Absolutely incredible. For sure,

the greatest day of my life here

today. To win here is a special day.

Webber shares the lead with team-

mate Sebastian Vettel who finished second.

A fast-running Bombers outfit has

claimed an jut set 12-point win to

finish AFL Round 8. It was the big

men who dominated, but the physical

clash may have a match review aftermath.

Else he is won the contest, but

David Hill faces another visit to

the drive uenal. The down the

ground free kick results in a goal

to Justin Koschitzke and he was

also good in the air with a huge

leap. Hamstring problems for both

problems. Zac Dawson was untidy

late in the game. The Bombers kept

control and the lead. Paddy Ryder

getting the goal for the win. He

kicked the leading goal for the

Bombers. The Hawks had a narrow

three-point escape over the Tigers,

despite the return of big names.

Blows were traded on the score

board and at half time, traded for

real. The Tigers refuse today diep

on the ground or in the air, but

couldn't breakthrough. And the

Blues small brigade got busy. But

Eddie Betts faces an anxious win.

The Blues running out 26-point winners.

The Wests Tigers have issued an The Wests Tigers have issued an

apology after their humiliating

loss to south apology after their humiliating

loss to south Sydney. Also yesterday, a Michael Jennings hat-

trick took the Panthers to a 20-

point win over the Sharks. But the

Rabbitohs ran in nine tries to two

blitzing the opposition by 40. Rabbitohs ran in nine tries to two blitzing the opposition by 40.

We really owe the fans an apology

for that today. The players and I

have just had a long discussion

about it. Yeah, not happy, Jan.

After yesterday's win, Penrith is

second on the ladder. Catherine

doing a desk dance yesterday after

the win for pt Bunnies. Now the

day's finance news. Not good news

if you're trying to do the green if you're trying to do the green

thing and go LPG in a vehicle.

An item buried in the Budget has

enthuse yas of LPG warning the

cleaner fuel alternative could

suffer. Generous subsidies of up to

$2,000 have driven thousands of

motorists to run on LPG, but the motorists to run on LPG, but the

benefits are being phased out. From

July 2011, there will be a two and

a half cents a litre tax imposed

rising to more than 12 cents a

litre in 2016. Industry advocates

say that it threatened their viability.

A slowdown in population growth

could ease pressure on interest

rates and rental accommodation. A

report from fror casting group BIS

Shrapnel, says the break neck pace

of population growth is going to

slow down markedly. A cooling

labour market, coupled with the

stronger Aussie dollar will make

Australia lels atraibgtive to

temporary workers from -- less

attractive to temporary workers

from overseas. They say that there

will then be less pressure on interest rates.

Rising interest rates and winter

demand have cooled the weekend

auction market. Sydney's clearance

rate dropped 2% from the previous rate dropped 2% from the previous

week. Melbourne has gone off the

boil too with a 3% drop to 70%.

Adelaide also dipped, but

Brisbane's clearance rate bucked

the trend and picked up a little bit.

A check of the markets now and a

bumpy ride for stocks is expected

on the open today. The SPI down

after shares tumbled on Wall Street

on Friday night. De spite positive

economic data, the Dow Jones

plunged over fears that Europe's

fiscal austerity measures may

derail the economic recovery.

Briefly in other business news:

A check of Monday's weather right now:

We'll be speaking to Jessica

Watson' sailing instructor in a

moment. Do you think he's a proud

man? You bet you. And what do you

do if you're so rich, you don't

even bother with bank notes? I'll

tell you in a few moments.

This program is captioned live.

Welcome back to Ten News. There's a double whammy

disappointment for Kevin Rudd this

morning. Any hopes of a big Labor

surge off the back of Budget have

been dashed. The latest Newspoll

shows Labor and the coal tide neck

and shows Labor and the coal tide neck

and neck. Kevin Rudd has slipped as

preferred Prime Minister and is

down one point to 49% and that's

the first time he's fallen below

the 50% mark. The poll also reveal

that is more and more voters see

his deputy, Julia Gillard, as a

potential for party leader.

his deputy, Julia Gillard, as a potential for party leader.

The mining industry is getting

slammed in a series of adverts over

the response to the Government's

super profits tax. The Australian super profits tax. The Australian

Workers Union work which is paying

for the ads, say it is is hoping to

inject truth and reality into the

debate. VOICE-OVER: Mining bosses

know it's time to put something back.

The head of the union, Paul Howes,

says''s dubious about mining

projects being scrapped just

because of the tax.

Treasurer Wayne Swan is heading

into the lion's den today as he

meets business leaders in WA. He

anticipates bringing the road show

to Perth, but the incentive, the

mining superprofits will prove a

tough sell. The WA Liberal Party is

launching a campaign against the

tax to coinside with Mr Swan's visit.

A power outage forced Mobil's oil

refiny in Melbourne there.

Residents panicked after seeing

sky-high flames. The carbons were

released and burnt off to make it

as safe as possible. And we've been

called down here to stand by to

support Mobil in getting the plant

back online. The source of the

power outage is being investigated.

World solo sailor Jessica Watson

says she wants to put her new-found

fame to good use. She says she's

had a haircut and is enjoying

wearing nice cloths again. But more

seriously, she's looking at ways of

giving back to the community. It is

not so much responsibility, but it

is an opportunity, like, you know,

like I can do something with this.

And I really can make a difference.

And so, it's not so much

responsibility, but it is something

I would like to do, I suppose, yeah.

Jessica says she's looking forward

to celebrating her birthday with

her family tomorrow.

And someone who was instrumental in

getting Jessica ready for her trip

is her sailing instructor who is on

the phone now from the sunshine

Coast. Good morning. She says she

hopes toen anti-irspiration to

other young people. What do you

think that Jessica can pass on to

other young people. That's a good

question. She's been an inspiration

to young people. In particular, but

to everybody out there. I think

hopefully what it brings for the

young people is hope and a bit of

self belief, and you know,

hopefully there's more out there

than what they've got now. If they

want to choose to go a bit further.

She certainly must have plenty of

self belief, because early cit sim

was that she lacked open ocean

experience and she made that point

in interviews herself last night.

What made you think that she was

ready to take on such a big

project? That's a a good question.

I don't think that any of us knew

that she was ready. You have to be

ready within yourself. And she knew

within herself that she had the

right temperament. She loved what

she was wanting to do, and I think

she just put her mind to it and

just went ahead and done it, and

all of the cards fell in her favour.

She makes it sound like this is the

sort of thing that just about

anyone can do, and of course,

that's not possible. Do you have a

word of warning for people who

might be foolhardy in this kind of

adventure? Look, it is achievable

for everybody, but you've got to go

around aapproaching it the right

way, with good training and a good

support crew around you and a good

boat. What Jessica had done is, the

trip around the world was the tip

on the iceberg, because she had

done all of the groundwork prior to

that to set herself up for the

opportunity, and the opportunity

for failure is minimised. You've

got to make sure

COMMENTATOR: That will do nicely.

Through mid-wicket. England charge

on to the field. Paul Collingwood

and his team have won the world

Twenty20 men's final. It's

England's first major win in a

limited overs tournament and an

ominous sign in the lead-up to the Ashes.

Sharks coach Ricky Stuart has lined

up the referees following his

team's big loss to the Panthers

yesterday. It wasn't quite the

thrashing that the Tigers copped at

the hands of Souths, but it was

enough to make Stuart livid. That's

where I'll leave it, because then I

won't cost me any money. That might

be a bit like shutting the gate

after the horse has bolted. After

Michael Jennings's third try, the

Sharks were down by 20 with half an

hour still to play and nothing was

going their way. You passed it as I

was calling there. That's a really

tough call against Cronulla.

Sometimes I feel that it is easier

for the Sharks not to get it

because they're not meant to win.

It's a waste of time talking to

Robert Fimple. I don't talk to him.

I think he's a nice bloke, but I

don't talk to him about his job.

Stuart was on such a roll t was

tough to get a word in edgeways. It

is frustrating, cause... When you

have a sideline official making

comments, that disturbs me. The

effort from Michael Jennings drew

special praise from the Penrith

coach. As did some, actually all of

the other big names. I picked them

all. Lewis, opinion waterhouse,

Jenn nirbgs, gs. You know, a young

fellow called Civoniceva or something!

The Bunnies took out the annual

match at the Sydney Cricket Ground,

and boy, was this a cricket score!

We really owe the fans an apology

for that today.

Oh, it's OK if you're a Xn bunnies star.

Bombers ruckman David Hill is under

scrutiny for this on Saint Brendan Goddard.

St Kilda tagger Steven Baker has

been done for wrestling, and Zac

Dawson was untidy with his spoiling.

Eddie Betts may be in trouble.

Australian shares are expected to

get off to a rocky start today

after stocks on Wall Street and

Europe tumbled last week. Looking

ahead to today's market activity,

I'm joined by James Rosenberg from

Macquarie Private Wealth. Is there

any chance of more stability this

week? It's not looking like it

early in the week. On Friday night,

we had a pretty soft experience

across most of the markets in the

world. The US market is reflective

of the concerns in Europe. There

are concerns that Europe won't be

able to repay the massive amounts

of debts that their governments

have attributed to, and whether

even what they've announced will be

enough to get them out of a pretty

dark economic time. This is

interesting because the US economy

is firing. It's just that the stock

market is not. It looks like it

will open up 60 to 80 points in the

negative and 20 points of that may

be attributed to the market's

absolute shock of losing any

sporting event to the UK,

notwithstanding the glee of a

certain Channel Ten producer!

Looking forward to Tuesday, we have the Reserve Bank minutes out. What's likely to be contained in those? I think we'll take the lead from but when you're that rich, you

probably want to buy the shop. It really would weigh down the handbag. There are those of us who tread with trepidation even approaching the ATM! There you go. Happy birthday to your mum. Happy birthday mum. A check of the weather before we go:

That's it for Ten News. The next

news at 9am and the first 15

minutes of this bulletin are now up

on the Ten News website.

See you again tomorrow morning.

Thank you for joining us today. See