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Ten Early News -

View in ParlView

(generated from captions) This program is captioned live.

Good morning. I'm Bill Woods. And

I'm Kathryn Robinson. Welcome.

Today, two young children found

dead in the backyard of their

Sydney home. Federal MPs to begin

debating Labor's new workplace laws

after a Coalition backflip on AWAs.

Fidel Castro steps down after

nearly half a century in power in

Cuba. In sport, Matt Henjack is

sacked after he punched and broke a

the weather.. team-mate's jaw. A quick check of

To our first check of the markets.

Surge in the oil price boosting

Wall Street for a change? It has.

Stocks up about 1% as oil creeps

towards $100 US a barrel. Strong

profit numbers from Wal-Mart is

helping things along.

Coming up - a March rate rise all but certain. I'll have the details shortly. Two children have been

found dead in the backyard of their

Sydney home. Their mother was taken

to hospital under police guard and

is in a critical condition. Police

were called to the quiet suburban

street just before dark, where they discovered the bodies of two

children, a 5-year-old boy and his 3-year-old sister, murdered 3-year-old sister, murdered in

their own home. At this stage there

were no obvious signs to our people

of what has actually happened to

them. Their 29-year-old mother was

found nearby, lying in a pool of

blood. She's been taken by police

guard to Liverpool hospital. A

flun-year-old man believed to be

the children's father --

31-year-old man believed to be the children's father made the

discovery when he arrived home from

work. Get the medical care of the female and the male and then we'll get get statements or they'll be

interviewed in relation to the

incidents to see what actually took

place. The entire community is in

shock. Two kids are dead. Locals

lined the streets until the early

hours of this morning as police

tried to determine what happened to tried to determine what happened

the family, nearby residents

described as quiet. The Federal

Coalition has decided to let Labor

abolish AWAs. It's a major reversal.

The Opposition Leadership initially

signalled it would fight to keep

AWAs. We've had flip, flop and flap

when it comes to the whole when it comes to the whole question

of WorkChoices and the future of

AWAs. I gather we're up to the flap stage. New IR legislation is now

expected to pass through both

houses of Parliament with the

Coalition deciding not to block it

in the Senate where it still has

policies the numbers. Support for Labor's

policies has been given a boost.

The wild weather continues to batter the Queensland coastline

with gale force winds expected to

cause further damage to cause further damage to already

eroded beaches. Locals are again

being told to prepare their homes

an as wind gusts up to 90 kilometres

an hour hit the region. The Weather Bureau says it's another monsoonal

trough in the Coral Sea that's

the already-battered Queensland fuelling more wild conditions for

coastline. The predicted 90

kilometre an hour winds are

expected from Fraser Island down to

northern NSW. Many beaches are

Bureau and already closed and the Weather

Bureau and lifesavers are urging beach-goers to stay at hole. Swells

of up to four metres are -- home.

Swells of up to four metres are

happening. Conditions are expected

to ease towards the weekend. And

even a return to summer, with

weekend temperatures expected to

soar in to the high 30s. A welcome

change after weeks of wet weather.

The West Australian town of Exmouth

has been spared major damage as

Cyclone Nicholas heads south. At

one stage, wind up to 110

killopters an hour lashed the

coastal town. Police report the

damage was only minor. The cyclone

is now a Category 2 and heading

towards Coral Bay. Residents are towards Coral Bay. Residents are on

red alert and have been told to

stay indoors. A Perth mechanic has

won a landmark asbestos

compensation claim against the Ford motor company. Tony Lo Presti has compensation claim against the Ford

been awarded $840,000 after being

exposed to asbestos at work. He

attracted it while working with

asbestos-lined brake pads. The

verdict is expected to pave the way for

for thousands of similar cases.

Ailing Cuban leader Fidel Castro is

standing down, after nearly 50

years in power. His younger brother,

Raul, is expected to take the

presidency when parliament meets on

Sunday. He was a thorn in the side

of democracy for decades. The world

and especially Cubans wait to see

if freedom and speech and other

civil liberties will finally become

a way of life for residents of the

island nation. So far reaction on

the streets have been subdued. Word

the ailing 81-year-old dictator was

officially stepping down came

overnight and people are going

about their daily routines. This

resident says change will happen

and it is time for Cubans to depend

on themselves. For now, Castro's

brother is in charge. The

76-year-old has been acting

president since July of 2006 and he

has hinted economic reforms are

needed in Cuba. Whether those

reforms will signal the Perth of a

democratic society remains to be

seen. There are celebrations in Pakistan where Benazir Bhutto's party is

party is set to form a Government.

The Pakistan People's Party has won

the most votes in the National

Assembly. It failed to secure a

majority and is expected to form a

coalition, ousting Pervez Musharraf.

His party trailed a distant third

in the voting. Matt Henjack's in the voting. Matt Henjack's rugby

union career is in tatters

following Rugby WA's recommendation

to the ARU for his contract with

the Western Force to be terminated

immediately. Henjack was found

guilty of savaging punching

teammate Haig Sare in a Fremantle

bar 10 days ago. He was bar 10 days ago. He was unhappy.

The decision found tonight is

something I've got to go home and

think about now. Haig Sare was also

found guilty of breaching his

contract. He's been fined $5,000

and slaped with an 8-match ban.

Rugby league news - the Roosters'

Willie Mason has made the headlines

for the wrung reasons again,

charged with urinating in a charged with urinating in a public

place. Mason and Anthony Tupou were

handed infringement notices by

Coffs Harbour police. This follows

an incident last Saturday night.

The players were attending a club

trial and promotional visit. Australia's cricket tour of

Pakistan will go ahead in March but

it's been short toond a month and

subject to a security clearance.

India has secured its spot in the

tri-series final by defeating Sri

Lanka. The Indians were chasing 239

for victory. They made if with for victory. They made if with five

balls and two wickets to spare.

They'll meet Australia on March 2

at the SCG. To finance again, the

Reserve Bank, surprise, surprise,

warning of more interest rate

rises? 92% of the market is rises? 92% of the market is pricing

in a March rate hike after the RBA

released its minutes, showing it was seriously considering raising

rates earlier this month by 50

basis points, not the 25 it finally

went with taking the official cash

rate to 7%. The minutes show the drastic

drastic action the bank is prepared

to take to keep inflation under

control. A second rate rise in June

is now also considered a fair bet.

Two more hikes will add around $100

a month to the average $300,000

mortgage. The one positive in all

of this, the Aussie dollar - it

rallied to a 3-month high in

response to the minutes. And a less

than impressive result from Fosters

Group with a 28% drop in first-half

profit. Its US wine business, the

worst performer. The lacklustre

result puts pressure on the company

to justify its $3.2 billion take

over of Southcorp. Fosters' shares

fell 9% on the back of the fell 9% on the back of the profit announcement. Australia's announcement. Australia's largest

gold miner, Newcrest reported a

$1.5 million half year loss. Here's

the weather picture for Wednesday:

Looking at the headlines. The

'Sydney Morning Herald' has the

latest on the public health crisis

in NSW, with the resignation of the

general manager of Royal North

Shore Hospital. An expected 40%

rise in this year's summer crop

harvest will help boost export

revenue. And more on the defeat of

President Musharraf in the Pakistan

election. A Melbourne court told

accused members of a terrorist group

group allegedly discussed killing

the former PM, John Howard. Details

when we come back.

This is Terpb's Early -- Ten's

Early News. The murder of two young

children at their home in Sydney.

Debate on workplace laws to be

debated today. Changing of the

guard in Pakistan - President

Pervez Musharraf suffers a

devastating defeat. Rugby WA finds

Matt Henjack guilty of punching

team-mate Haig Sare. To finance.

Wal-Mart posts some pretty good

results? Yes. A robust earnings

report has eased concerns about the

credit crisis and poor housing conditions.

Centro shares fall another 17%.

I'll have all those details shortly.

Thank you. Two children have been

found dead in the backyard of their

South Sydney home. A 5-year-old boy and his 3-year-old sister were

killed. Their 29-year-old mother

found nearby in a pool of blood.

She was taken under police guard to Liverpool hospital in a Liverpool hospital in a serious

condition. Injuries to her wrists.

A 31-year-old man believed to be

the father made the discovery the father made the discovery when

he arrived home from work. Federal

MPs will today begin debating the

Rudd Government's new workplace

laws after the coalition agreed to

abandon AWAs. It's a reversal from

the Opposition Leadership. Deputy

leader Julie Bishop rolled in Shadow Cabinet.

The new Prime Minister went to the election promising to scrap WorkChoices and Australian Workplace Agreements. The Labor Government's legislation frustrated by a last-ditch Coalition bid to save AWAs, but suddenly, a change of heart. We will not oppose this bill which relates to WorkChoices and the abolition of AWAs. It seems none in the Opposition, apart from die-hards such as Deputy Leader Julie Bishop, have the stomach for another protracted fight with Labor over the issue. We've had flip, flop and flap and the future of AWAs. I gather we're up to the flap stage. The Coalition will propose an amendment to Labor's bill in the House of Reps but won't block it. The Senate is another matter altogether. The Coalition has already used its numbers

to delay Labor's IR Laws, but the Opposition now says it won't obstruct the legislation any further. Murray McCloskey, Ten News.

Coral Bay in Western Australia is

bracing for the onslaught of Cyclone Nicholas. It's heading

south after passing through Exmouth

where it did little damage. Despite

wind of up to 110icalometers an

hour, the town was mostly unscathed.

Nicholas has been downgradeed to Nicholas has been downgradeed to a

Category 2 as it edges towards

Coral Bay. Residents have been told

to stay indoors. Residents along

the Queensland coastline are

preparing for wild weather, gale

force winds buffeting the region.

The predicted 90 kilometre an hour

winds are hammering the coastline

from Fraser Island to northern NSW.

They've been generated by a

monsoonal trough in the Coral Sea.

Swells up to four metres are causing strong rips and

causing strong rips and erosion to

already depleted beaches. Many

beaches are closed. Lifesavers are

warning swimmers not to enter the

choppy surf. Conditions are expected

expected to ease ahead of scorching temperatures across the weekend.

Some economists are predicting

interest rates will go up interest rates will go up again

next month but could start falling

by next year. This follows news the

Reserve Bank wanted to make the Reserve Bank wanted to make the

last rate increase much higher. It's news that will panic borrowers across the nation. The latest interest rate increase could have been much worse - and all because the boom times don't seem to be easing quickly enough. The Australian economy has stayed robust to date. The main domestic challenges are those of strong demand, tight capacity and inflationary pressures. Those inflationary pressures were the main topic of conversation when Reserve Bank board members met two weeks ago. The talk was tough, the argument that lifting rates 0.25% wouldn't be enough to curb inflation. In the end, the only thing that saved borrowers - banks lifting rates on their own. Trouble is, consumer spending is still surging and employment growth is strong. We expect them to raise rates again, one more time in March and potentially - 40% chance - they might even have to increase rates one more time after that. But that may be where it ends, economists saying the combination of recent rate hikes starting to bite, reduced Federal Government spending and the global downturn will start to curb inflation, and maybe more quickly than the Reserve Bank is anticipating - to rates falling again. and that then points Eddy Meyer, Ten News.

Sydney's embattled Royal North Shore Hospital has Shore Hospital has lost another

manager, the eighth to go in 11 years. General manager Mary Bonner

has reportedly resigned after two years in the job. It's thought

budget constraints and unrealistic

target performances prompted her

exit. It's the latest setback for

the hospital which has been that centre

centre of growing criticism about

the State's public health system.

The trial continues today for

accused members of a Melbourne

terrorist group allegedly discussing killing former PM John

Howard. A jury has heard their

alleged leader was urged to carry

out an attack before the 2004

federal election. An isolated

property on the outskirts of

Melbourne with a garage for $250 a

week. This was where the accused terror group allegedly wanted terror group allegedly wanted to

set up a centre for lessons in

Jihad. Another secretly recorded conversation discussing the

possibility of killing the former

PM. Asking the group's alleged spiritual leader if:

After consulting the Koran, he was

heard telling him it was better to

wait and kill thousands. He then also heard airing his suspicions,

police: some alleged members had gone to

The trial will continue today in

Melbourne. The end of an era this

morning in Cuba. Ailing leader

Fidel Castro is retiring as head of

state nearly 50 years after seizing

power in an armed revolution. At

the age of 81, he's the world's

longest serving head of government.

Castro has rarely appeared in public

public since undergoing stomach

surgery in 2006. His younger

brother Raul appears certain to

take over. Pakistan's opposition

has dealt a crushing electoral blow to President Pervez Musharraf. Benazir

Benazir Bhutto's party is now set

to form a government after winning

the most seats in the National

Assembly. President Musharraf who

seized power in 1999, trailed a

distant third. The US presidential

primeries moved to Wisconsin, and Hawaii.

Hawaii. She's desperate to break an 8-state losing streak, Hillary

Clinton is. John McCain has been campaigning there. Barack Obama is

-s the favourite to take out Washington and Hawaii.

Matt Henjack's rugby union career

in Australia appears over after the

scrumhalf was found guilty of punching Jody Harris. Rugby Western Australia

Australia has recommended the ARU

terminate his contract. With his

fate in the hands of rugby union officials, a nervous officials, a nervous Henjack

arrived at rugby WA headquarters

yesterday afternoon. He wouldn't

emerge again for eight hours in a

hearing that went hearing that went past midnight.

The controversial scrum half

devastated with the disciplinary committee's recommendation that the

ARU tear up his contract. I'm

bitterly disappointed in the

decision found by Rugby WA tonight.

It's something I've got to go home

and think about. InARU will review

the committee's findings today and

are expected to sack Henjack. His

career in Australia left in tatters. Any

Any chance of an appeal Not going

to comment on that. Can you appeal

something like this? There's an

opportunity to but we're not

prepared to discuss it. The player

he attacked was reprimanded for his part in the incident. Haig Sare

copping a $5,000 fine and slapped

with an 8-match ban. Less than four months

months after walking in to Carlton,

Chris Judd has been made captain.

He says the experience gained from

two years leading West Coast means

he's more than ready for the big

job. Chris Judd's first footy

decision for the Blues will be with

the Coyne and not the Sherrin..

It's interesting to get the role. The

The last time I got the role of

captain was interesting as well. Not

Not to step on toes as the new boy,

Judd said it was too good an

opportunity to pass up. It's a huge

privilege. If the players and match

committee felt I was the best man

for the job, then I wasn't going to

walk away from that. I thought it

would be a huge honour. Nick Stephens is vice-captain, he's

disappointed but realistic. There

is disappointment. I would have

loved to have captained the club

but it's a great honour to be

vice-captain as well. There's no

greater man you could lose it too.

He's probably the best player in

the comp. It's been a tough

decision. Everyone had a vote and

you reflect on what Chris has done

as a captain already put him just

in front of Nick. Let's get back to

finance. Rio Tinto and BHP pushing

for a bigger increase in the iron

ore price? They're believed to be

after a 71% rise. Rio says it's

also pushing for a freight

because of the cheaper also pushing for a freight premium

because of the cheaper costs of

shipping, all from Australia to

Asia, than from Brazil to Asia. The

move would require the backing of

its predator, BHP. Centro investors

have abandoned ship, shares in have abandoned ship, shares in the

troubled properties group falling

17% at the close yesterday to 52

cents. Investors are concerned

about the threat of legal action

over Centro's debt problems as well

as likely expenses involved in the

extension of its $3.9 billion in

financing agreements. Yesterday's

sell-off wiped out all the ground

made on Monday after Centro

confirmed it had won an extension

on its debts-repayment deadline. The Wednesday weather now Australia. The Wednesday weather now around

On that sub, a Perth mechanic wins

a landmark compensation case a landmark compensation case

against a major car manufacturer. CommSec when the news returns.

This is Ten's Early News. Two young

children found dead in the backyard

of their Sydney home. Federal MPs

to begin debating AWAs. Fidel

Castro step down after nearly half

a century in power in Cuba. Rugby

WA sacks Matt Henjack after he

punched and broke a team-mate's jaw.

A quick check of the weather today:

Finance now. A check of the markets.

Wall Street is up 1% thanks to a

rise in the price of oil. Strong

profit numbers from Wal-Mart and a

surprisingly boy pbtd home

builder's sentiment report. Clor

Coming up - all the day's trading

details with the CommSec finance

report. Two children have been

found dead in the backyard of their

Sydney home. Their mother was taken to

to hospital under police guard and

is in a critical condition. Police

were called to the quiet suburban

street just before dark, where they

discovered the bodies of two

children, a 5-year-old boy and his

3-year-old sister, murdered in

their own home. At this stage,

people there were no obvious signs to our

people of what has actually

happened to them. Their happened to them. Their 29-year-old

mother was found nearby, lying in a

pool of blood. She's been taken by

police guard to Liverpool Hospital.

A 31-year-old man, believed to be

the children's father, made the

discovery when he arrived home from

work. Got to get the medical care

for both the female and the male.

they'll be interviewed in relation And then we will get statements, or

to the incidents too, see what

actually took place. The entire

community is in shock. Two kids are

lined the streets until the early dead and it's devastating. Locals

hours of this morning as police

tried to determine what happened to

the family. Nearby residents

described as quiet. The Federal

Coalition has decided to allow

Labor to abolish AWAs. It's a reversal. The Opposition Leadership Labor to abolish AWAs. It's a major

initially signalled it would vow to

fight AWAs. We've had flip, flop

and flap when it comes to the whole

question of WorkChoices and the

future of AWAs. I gather we're up

legislation is now expected to pass to the flap stage. New IR

through both houses of parliament.

The Coalition deciding not to

block it in the Senate. Exmouth has

been spared major damage as Cyclone

Nicholas heads south. 110

kilometres an hour lashed kilometres an hour lashed the

coastal town. But police report the

damage was only minor. The cyclone

is now only a Category 2 and

heading towards Coral Bay.

Residents have been told to stay

indoors. The wild weather continues to batter the Queensland to batter the Queensland coastline.

Gale force winds expected to cause

further damage to already eroded

beaches. Locals again being told to

prepare their homes. The Weather

Bureau says it's another Bureau says it's another monsoonal

trough in the Coral Sea that's

fuelling more wild conditions for the already battered Queensland

coastline. The predicted 90

kilometre an hour winds are

expected from Fraser Island down to

northern NSW. Many beaches are

already closed and the Weather Bureau and lifesavers are urging

beach-goers to stay at home. Swells

up to four metres are causing

surges, rips and erosion along

already depleted beaches. The

fierce conditions are expected it

ease towards the weekend, as the

trough in the Coral Sea weakens. Even Even a return to summer, Even a return to summer, with

weekend temperatures expected to

soar in to the high 30s. A welcome

change after weeks of wet wert. A

Perth mechanic has won a landmark

asbestos compensation claim against

the Ford motor company. Tony Lo

Presti has been awarded $840,000

after being exposed to asbestos

during his work for two Ford

dealerships. He contracted

asbestosis from working with

asbestos-lined brake pads between

1970 and 1987. The verdict is

expected to pave the way for

thousands of similar cases. Ailing Cuban leader Fidel Castro is

standing down after nearly 50 years

in power. His younger brother, Raul,

is expected to take the presidency

when parliament meets on Sunday. He

was a thorn in the side of

democracy for decades and now that

Fidel Castro has called it quits,

the world and especially Cubans

wait to see if freedom of speech

and other civil liberties will finally become a finally become a way of life for

residents of the island nation? So

far reaction on the streets has

been subdued. Word that the ailing

81-year-old dictator was officially stepping down came overnight and

people are going about their daily

routines. This resident says change

will happen and it is time for

Cubans to depend on themselves. For

now, Castro's brother, Raul, is in

charge. The 76-year-old has charge. The 76-year-old has been

acting president since July of 2000

six and he has hinted economic

reform -- 2006 and he has hinted

economic reforms are needed in cuba but whether they'll signal the

birth of a democratic society

remains to be seen. A violent

reaction this morning to Kosovo's

declaration of independence. Serbs

have set off explosions at check

points along the Serb-Kosovo border,

to protest against international

recognition of the new nation. More

than 1,000 angry protesters have

marched on passport control booths.

At this stage, NATO peacekeepers

are not intervening. An apology

this morning from the Spice Girls

for failing to include Australia on their current world tour. They are in New York, for yet another sell-out concert, in spite of contract. He was found guilty of recommendation to terminate his is in tatters following Rugby WA's Matt Henjack's regby union career Australia some time in the future. the possibility of coming back to tour then s it? They've left open extending their

savaging punching team-mate Jody

Harris. Henjack was upset. I'm disappointed with the decision.

Something I've got to thin about

now. Sare was osfound guilty of

breaching his contract. He's been

fined $5,000 and slaped with an 8-match ban. In rugby league, the

Roosters' Willie Mason has made the headlines, charged with

in a public space. headlines, charged with urinating

in a public space. Mason and team-mate Anthony Tupou were handed

infringeant notices by Coffs

Harbour police following an

incident last Saturday night. The

players were attending a club trial

and promotional visit to the North

Coast. Michael Clarke has joined

Johnson and Haddin in making

himself unavailable for the Indian Premier League. All current

to withdraw if the Australian players will be forced

to withdraw if the Pakistan tour

goes ahead. India has secured its

spot in the tri-series final after

beating Sri Lanka. The Indians were

chasing 239 for the win and madeed

it with five deliveries and a

couple of wickets to spare. They'll

meet Australia on March 2 at the SCG.

The likelihood of a March interest

rate rise has increased after the

Reserve Bank admitted it was close

to hiking rates by half a

percentage point this month. For

more, Craig James joins us live.

Good morning. A rate rise next

month all but certain now? The

writing is on the wall for home

bowoers. Expect another rate rise

and another one unMay. The bottom line is Australia's champagne economy is doing a

economy is doing a little too well

needs at the moment and the Reserve Bank

needs to pull it in. What can we

expect from today's labour price

index? We're expecting annual wage

growth of around about 4%. It only

gets concerned about 4.5%. The

Reserve Bank assistant governor

said yesterday low unemployment can

be sustained without a sharp lift

reporting today in wages. A number of companies are

reporting today - what can we

expect from them and the wider

expect? The focus is on the outlook

statements for companies. That's

the focus. Terms of the broader

market, should be a very good day

today. Huge gains in comoddity

prices overnight. Our market could be

be up over 70 odd points today. The

oil price has just passed $100 a

barrel for the first time since January. Thank

January. Thank you. Thank you.

The national weather forecast today -:

Looking at the newspaper headlines

today - the DPP will challenge

today - the DPP will challenge the

sentencing Court of Appeal for tougher

sentencing for murderers and drug

traffickers. More pressure on

Fosters Group to justify its take

over of Southcorp after posting a

disappointing profit result. And

leading claims from environment

groups the Federal Government is ignoring the poor state of the

Murray River. A boost in support

we return. for Labor's policies. Details when

Good morning, i'm Lachlan Lachlan Kennedy re-allocated funding for The A-C-T Government has event April's Hot air Balloon Aloft, has been given Canberra firm, Balloon help run the nine day seventy thousand dollars to claiming the old organisers event, with the Government

this year's event. needed more money to run include a mass rising of This year's event will also Canberra's Olympic Torch Balloons, to coincide with Relay Leg Bombala and Berridale are Sporting facilities in boost receiving a State funding has been provided for a Seventy thousand dollars Bombala's Exhibition large scale upgrade of thousand is going towards Ground, while thirty three shooting range. Berridale's oval and

under fire for local The A-C-T Government's come

housing issues. them for further falls in The Opposition is blaming figures, saying past land housing affordability young Canberrans from ever release failures will stop owning a home. calling for security The Opposition's also properties, after upgrades at public housing carport fire in Belconnen yesterday's suspicious Raiders head for Orange TO SPORT, The Canberra N-R-L pre-season trial today, ahead of Saturday's Broncos. against the Brisbane visiting a number of local The Green Machine will be

trip, giving pointers to schools as part of the big big match NOW TO THE youngster and promoting the WEATHER.. bringing some possible A trough of low pressure is may be sticking around shower activity ... which until the weekend late shower in Canberra ... Nationally... chance of a .. so head north to escape a little rain in Melbourne head north to escape the rain in Melbourne .. so wet .. mainly fine Sydney

sunny for Dubbo ... a late To our backyard... mostly Bega ... becoming fine for shower and 30 degrees for Wollongong, a top of 26 ... early fog clearing for Partly cloudy for Bathurst for Batemans Bay Goulburn ... mostly fine a little warmer in Parkes Mostly sunny for Mudgee ...

today in Nowra ... becoming fine later will see a shower or two Looking ahead: Tomorrow region... but becoming less persisting about the Canberra Show. on Friday... likely for the start of the Saturday (that's the latest and hopefully gone by stay with us for all your from Southern Cross Ten ... national and local news local news

This is Ten's Early This is Ten's Early News. Police

investigating the murders of two

young children at their home in

Sydney. Debate on Labor's new

workplace laws to begin in Federal

Opposition's Parliament today, following the

Opposition's switch on AWAs.

President Pervez Musharraf suffers

a devastating defeat in the

country's election. Rugby WA finds

Matt Henjack guilty of punching team-mate Haig team-mate Haig Sare. How's Wall

Street set to close? The Dow is set

to close in the black as oil reaches

reaches $100 US a barrel and strong

profit numbers from Wal-Mart helped things along.

A March rate rise all but certain. I'll be back with the details

shortly. Two children have been found

found dead in the backyard of their

South Sydney home. A 5-year-old boy

and his 3-year-old sister were

killed. Their 29-year-old mother

found nearby in a pool of blood.

She was taken under police guard to

Liverpool hospital in a serious

condition with injuries to her

wrists. A 31-year-old man believed to

to be the father made the discovery

when he arrived home from work.

Federal MPs will today begin

debating the Rudd Government's new

workplace laws after the Coalition

agreed to abandon AWAs. It's a reversal from the reversal from the Opposition Leadership. Julie Bishop rolled in Shadow Cabinet. The new Prime Minister went to the election promising to scrap WorkChoices and Australian Workplace Agreements. The Labor Government's legislation frustrated by a last-ditch Coalition bid to save AWAs,

but suddenly, a change of heart. We will not oppose this bill which relates to WorkChoices and the abolition of AWAs. It seems none in the Opposition, apart from die-hards such as Deputy Leader Julie Bishop, another protracted fight with Labor have the stomach for over the issue. We've had flip, flop and flap when it comes to the whole question of WorkChoices and the future of AWAs. I gather we're up to the flap stage. an amendment to Labor's bill The Coalition will propose in the House of Reps but won't block it. The Senate is another matter altogether. its numbers The Coalition has already used to delay Labor's IR Laws, but the Opposition now says it won't obstruct the legislation any further. Murray McCloskey, Ten News.

Out there in the public, support

for Labor's policies has been given a boost.

Coral Bay in Western Australia Coral Bay in Western Australia is bracing for the onslaught of Cyclone Nicholas. It's heading

south now after passing through

Exmouth where it did little damage,

despite winds up to 110 kilometres

an hour. The town emerged an hour. The town emerged mostly unscathed. Nicholas has unscathed. Nicholas has been

downgradeed to a Category 2 cyclone

as it edges towards Coral Bay.

Residents have been told to stay indoors. Sydney's Royal indoors. Sydney's Royal North Shore

Hospital has lost another manager.

The eighth to go in 11 years.

General manager Mary Bonner has

resigned after two years on the job.

It's thought budget constraints

skpun realistic target performances

prompted her exit. This is the

latest setback for a hospital which

has become the centre of growing

criticism about NSW' public health system.

system. The trial continues today

for accused members of a Melbourne

terrorist group who terrorist group who allegedly

discussed killing former PM John

Howard. A jury has heard their

alleged leader was urged to alleged leader was urged to carry out an attack before the 2004

Federal election. An isolated property on the outskirts of

Melbourne with a garage for 250

dollars a week. This is where accused terror group allegedly dollars a week. This is where the

wanted to set up a centre for

lessons in Jihad. Another secretly

recorded conversation recorded conversation discussing

the possibility of killing the PM.

After consltding the Koran, he is

heard telling him it was better to

wait and till thousands. He also

heard airing his suspicions, some

alleged members had gone to police:

The trial will continue today in

Melbourne. To the US where Hillary Clinton

Clinton and Barack Obama are facing

off in the state of Wisconsin.

They'll also be looking for votes

in Washington and Hawaii, where

Hillary Obama enjoys strong support.

Hillary Clinton's trying to head

Barack Obama off at the pass. There

is a difference between speeches

and solutions, between rhetoric and

results. Of today's contests, the

stakes are highest in Wisconsin,

Clinton has got to stop the

bleeding. She had been focused on

primeries in Ohio and Texas but

polls in Wisconsin show her coming

back and she cancelled plans to

leave it early. Obama has been busy

fending off an aggressive Clinton

campaign. Wisconsin is a good test

for him. Groups traditionally in

the Clinton column. There's

something wrong that CEOs are

making more in 10 minutes making more in 10 minutes than

ordinary workers are making in a

year. He might have a long way to

go, but Mike Huckabee insists he's

Swiss not dropping out any time soon.

Swiss police have recovered two of

the four oil paintings stolen from

a Zurich museum earlier this month.

They found the jart works inside a

car parked outside a car parked outside a psychoyatdric

hospital. The paintings, worth

around $70 million, were spotted the backseat. Police are still around $70 million, were spotted in

hunting the other two artworks as

well as the people who took them.

where There are celebrations in Pakistan

where Benazir Bhutto's party is set

to form a Government. The

Pakistan's People's Party has won the most seats in the the most seats in the National

Assembly. It's expected to form a

coalition, ousting Pervez Musharraf

who seized power in a coup in 1999.

His party trailed a distant third

in this latest poll. Matt Henjack's

rugby union career in Australia

appears over. The scrum half was

found guilty of punching team-mate

Haig Sare. Rugby Western Australia

has recommended the ARU terminate

hands of rugby union officials, a his contract. With his fate in the

headquarters yesterday afternoon. nervous Henjack arrived at rugby WA

He wouldn't emerge again for eight

hours in a hearing that went past

midnight. The controversial scrum

disciplinary committee's half devastateed with the

recommendation that the ARU tear up

his contract. I'm his contract. I'm bitterly disappointed in the decision found

by Rugby WA tonight. It's something

I've got to go home and think about.

The ARU will review the committee's

findings today and are expected to

sack Henjack. His career in Australia left in tatters. Australia left in tatters. Any

chance of an appeal? Not going to

comment on that. Can you apile something like this? something like this? There's an

opportunity to but not prepared to

discuss it. The player he attacked was reprimanded for

was reprimanded for his part in the

incident. Copping a $5,000 fine and

slapped with an 8-match ban. Less

than four months after walking in

to Carlton, Chris Judd has been

made captain. He says the

experience gained from two years leading the West Coast means he's

more than ready for the big job.

for the Blues Chris Judd's first footy decision and not the Sherrin. will be with the coin an interesting situation Yeah, I guess it's sort of to get the role. I got the role of captain You know, the last time as well. was an interesting situation Not to step on toes as the new boy, too good an opportunity to pass up. Judd says it was I guess it's just a huge privilege, and if the players and match committee

for the job, felt I was the best man to walk away from that. then I wasn't going I thought that'd be a huge honour. he's disappointed but realistic. Nick Stevens is vice-captain - of disappointment there. Yeah, I guess there is a bit to have captained the club, I would have loved but on the other hand, to be vice-captain as well. it's a great honour And I guess with Juddy, you could lose it to. there's no greater man the best player in the comp. I guess he's probably for the match committee. It's been a tough one but at the end of the day,

just in front of Nick. probably put him

Now to finance. The Reserve Bank

warning of further interest rate

rises. That's right. 92% of the

market is now pricing in a March

rate hike, after the RBA released

its minutes from the February board

meeting showing it was seriously

basis points, considering raising rates by 50

basis points, not the 25 it finally

went with, taking the official went with, taking the official rate

to 7%. The minutes show the drastic

action the bank is prepared to take

to keep inflation under control. A

second rate rise in June is also

considered a fair bet. Two more

hikes will add around $100 a month

to the average mortgage. The one positive

positive in all of this, the Aussie

dollar, it's rallied to a 3-month

high to over 92 US cents in

response to the minutes. Growth in

wireless and broadband markets is

expected to lift Telstra's earnings

to more than $1.7 million. The

telco is set to deliver its half

yearly results tomorrow. It comes

as Telstra's $12 billion

transformation project is at transformation project is at its

halfway point. Investors are acting

halfway point. Investors are acting

defensively as another traditional

safe haven. The banks have been hit

by the market turmoil. Seek has

posted impressive profit results.

The online employment company reporting

reporting a 49% in first half

profits and says it's anticipating

the strong top line and bottom line growth in

growth in '08. Seek netted massive profit. growth in '08. Seek netted a

That's it in finance. What a very

sad day about the Spice Girls sad day about the Spice Girls but

lucky you got your apology? A

personal one apparently too, in

writing. Let's check the weather

for the rest of the day:

Recapping the morning's top stories

- two young children found dead in

the backyard of their Sydney home.

Federal MPs to begin debating

Lake's new workplace laws after a

Coalition backflip on AWAs. And

Fidel Castro steps down after Fidel Castro steps down after

nearly half a century in power in

Cuba. That's it. Don't forget 9am

with David and Kim. The Morning

News at 11 and we'll wrap it up at

5. Thank you. Have a great day.

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