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Ten Early News -

View in ParlView

(generated from captions) This program is captioned live.

Good morning. Welcome to Ten's

Early News. Today - the Government

to hold talks with the travel

industry as school leavers are

urged to delay holidays to Bali in

the wake of the bombers' executions.

The sale sails of the Sydney Opera

House glowing red as part of a national

Day. national tribute for Remembrance

President-elect Barack Obama drops

his kids off to school before going

to Washington.

And the fallout begins after

Australia's fourth Test loss handed

the Border-Gavaskar Trophy back to And today's weather: India.

But first, the Rudd Government says

it is working to ensure Australians

are not penalised if they defer

holiday plans to Bali because of

the high risk of terror attack.

Senior Muslim leaders have spoken

bid out against the Bali bombers in a

bid to restore calm in the wake of

their executions.

Bitter words among the tributes at

the Kuta bombing memorial. The

emotion and fear in the wake of

Sunday's executions broment

prompting one of Bali's most senior

Muslims to speak out against the radicals. Indonesia, Bali is a

peace area, not a war area. He was

a hero of the 2002 bombings,

helping ferry the injured to

hospital and working for weeks at

the Surrey Club site. Very sorry

for all people in Australia. But

many Aussies arriving in Bali are

worried. I'm fightened, yeah. After the euphoria of Saturday night, Kuta

Kuta clubs are worried. Imam

Samudra and his fellow bombers have

home been honoured as martyrs in his

home town. The crowd proclaimed the dead

dead men as fighters, not

terrorists. This is very wrong, yes.

This is very, very wrong. He He

says he understands the relief the concerns since the executions, says he understands the relief and

but he's doing everything he can in

the broader Muslim community to

ensure there's no repeat of the

peace. 2002 and 2005 attacks. Islam is

Two men have been seriously injured

after crashing their car during a

police pursuit in Sydney. Officers

tried to stop the vehicle while

investigating a brawl in Merrylands. The police gave chase

and the driver loss control hitting

a power pole. The men remain in a

serious condition in hospital. An

investigation has been launched.

The Prime Minister's approval

rating continues to soar over the

Government's handling of the

credit crisis. Today's Newspoll in

the 'Australia' says he's widened

his lead. Mr Turnbull's popularity

has dropped to the lowest level

since taking over as Opposition

leader. And Labor are ahead by 107 points.

There's concern a multibillion

dollar lifeline for car

save an ailing industry. It's manufacturers will do little to

feared the financial woes of Ford

and Holden's US patient companies

could place the rescue package at risk.

The $6.2 billion plan aims to help

an industry on the verge of

collapse. Central to the package is

$1.3 billion to create more green

cars in Australia. While tariffs on

imported cars will be slashed to 5%

by 2010, promoting free trade. We

will be inisting that any future

discussions regarding free trade

agreements ensure that is there is

real free trade. But there is

concern that the package may stall

because of the uncertainty with

Ford and Holden's parent companies.

Ford and GM are calling for a $36

billion grant from the US

Government to shore up their

positions. While local dealers want

guarantees from the banks guarantees from the banks to

provide the finance they need to

fill their showrooms. Why does

today's package fail to address the

immediate credit issues facing

Australia's car dealers and the

90,000 employers.

The Sydney Opera House has glowed

red overnight as part of a national

tribute for Remembrance Day. The

sails of the iep conic building was

lit up to mark the 90th anniversary

of the end of WWI today. buildings including Old Parliament of the end of WWI today. Other

House in Canberra and Melbourne's

Southern Cross Station have also

been bathed in red. Governor

Quentin Bryce will attend Quentin Bryce will attend a

remembrance ceremony today in France while other ceremonies will

be held across the country to

remember the sacrifices made in

past present conflicts. Brisbane Broncos fullback

Karmichael Hunt says he felt like

the scum of the earth after being

accused of sexual assault. Three

players escaped charge, but they

have been slapped with a huge fine.

Karmichael Hunt has apologised to

friends and family over sex assault

allegations in September. What allegations in September. What do

you do when you let your you do when you let your parents

down. The team-mates have now been

cleared by police over claims they

sexually assaulted a 24-year-old

woman in a nightclub toilet. This

one never got past the first test.

There was not sufficient evidence

to prosecute. Detectives also

analysed footage captured on some

of the mobile phones of the players.

That video phone depicted a male

person appearing to use drugs.

Again, the evidence was insufficient. The players may be

off the hook from police, but not

the Broncos. Each has been fined

$20,000 for bringing the club into disrepute.

The Obamas are in Washington for a

first hand look at their new home.

The president-elect dropped his

daughters at their Chicago school

before flying to the capital with

wife Michelle. There, they were

greeted by President George Bush

and given a tour of the White

House. Mr Obama and President Bush

will hold talks in the oveal office

which of course will focus on the

leadership changover and also the

financial crisis.

A Ryanair plane has been forced to

make an emergency landing in Italy

after colliding with a flock of

birds. The birds were sucked into

the plane's engine as it came in to

land. The Boeing 737 en route from Frankfurt had 166 passengers

onboard. At least three of them and two cabin crew suffered minor

injuries. The airport was closed

for several hours.

Ricky Ponting faces an inquisition

when he returns home from the

series loss in India later today.

Ponting's decision to bowl part

timers in order to make up overs

and avoid suspension has been

signalled as a major turning point

in the fourth Test loss which ultimately handed over the Border-Gavaskar trophy.

back in India's hands. The Border-Gavaskar trophy, a special moment in Indian cricket. COMMENTATOR: This is

Paraded for the fans to the Australians. four years after it was surrended We had motivation, we had plans we executed those plans well. and the best part was

After the first Test, I thought we dominated all three. Ponting self destructed. It was a soft demise.

And he's gone. Trouble - trouble if he hits. We were three down when Clarke went before lunch, although Hayden gave India a fright. That's massive - massive. They needn't have worried as the spinners weaved their magic Hussey went, then Harbhajan got Hayden yet again, extinguishing any hope, the tail folded cheaply.

Looking forward to get more of an

understanding with the critics. I'm

disappointed with some of the criticism from Cricket criticism from Cricket Australia

board members and former captains.

I'm most disappointed about the

inference that I put myself totally

ahead of the team. Fiji will take

on Australia in Sunday's rugby

league semifinal in Sydney. They

move through following a 30-14 win

over a gutsy Ireland side.

Jarryd Hayne also impressed as the

Fijian side got a spot in the World

Cup final.

The Newcastle Jets will today

decide to fight against the part

for Gary Van Egmond's scenes

following his side's 2-2 draw with

Perth. The Perth skipper Jamie Coyne

was handed a head card. But

Newcastle's Daniel D Daniel

Piorkowski will serve a ban.

The RBA has downgraded its

forecast for economic growth. The

RBA expects the economy to grow by

only 1.5% this financial year,

down from the previous forecast of

2. 25%. But the Government remains

optimistic. The inate imagination,

creativity and strength that's in

the Australian business, in our

workforce and the solid economic

management and positioning of the

Government will see us through.

Economists are now predicting a 50-point cut in interest rates next

month. But the Reserve's forecast

hasn't taken into account China's

$884 billion stimulus. The Chinese Government will spend the

equivalent of 7% of its GDP to

boost economic growth and try to

stave off a global recession.

An extraordinary fiscal stimue

lulls package which I believe is of

significance, not just to significance, not just to this

economy, but also to the economy

across wider east Asia and the

world. Mining giants Rio Tinto and

Fortescue have been forced to cut Fortescue have been forced to cut

their iron ore production by 10%

due to the weakened demand.

And briefly, the US Government will

inject a further $40 billion into

AIG. Fannie Mae reported a $29

billion quarterly loss.

And NAB has carried out a $3

billion capital raising.

Now, let's take a look at the world

markets now and the down Jones is

down 18 points as present.

Checking the weather:

checking this morning's newspaper

headlines, and the 'Daily

Telegraph' says that women are

being forced to pay back thousands

in child support to men they

wrongly claim fathered their

children. The 'Financial Review' reports the

Reserve Bank is warning of slower

economic growth in coming months,

supporting the case for another

large rate cut.

The 'Herald Sun' has more on the

dits appearance of trucker Michael Griffy. Killed

Killed Kidman shows off new baby

pictures on Opals. More details own

the news returns. (ENERGETIC MUSIC) At ActewAGL, we're powering ahead with plans for a state-of-the-art wind farm so that tomorrow we'll all enjoy cleaner energy and a greener Earth.

This program is captioned live.

This is Ten News. Today's headlines

- president-elect Barack Obama

arrives in Washington for a meeting

with George Bush and a tour of his new home. Sombre moments, hundreds of

Australians prepare to gather in

northern France z to mark the 9oth

anniversary of the end anniversary of the end of

WWI.? In sport, tricky questions

for Ricky. Ponting under pressure

as the Border-Gavaskar trophy is

surrendered to India.

And the Reserve Bank paves the way

for another big rate cut after downgrading the economic forecast.

But first, Barack Obama and wife

Michelle have arrived Michelle have arrived in

Washington for a first hand look at

their new home - the White House.

The president-elect dropped his

daughters at their Chicago school daughters at their Chicago school

before flying to the capital with

wife Michelle. The couple were

greeted by President Bush and first

lady Laura Bush before a tour of

the White House. Mr Obama and the

President will hold talks in the

oveal officely with focus on the

transition of power, and the

financial crisis and national security. The Federal Government will meet

with the travel industry as it

urges Australians to delay holidays

to Bali. Airlines Jetstar and

Virgin Blue have waived their fees

for ku omers wishing to make --

customers wishing to make changes

to their plans. Meantime, senior

mulls limb leaders have denounced

the bombers in a -- the Muslim

leaders have denounced the bombers

in a bid to restore some calm.

Indonesia and Bali is a peace area,

not a war area. The Government's

Smart Traveller website says there's credible information that

terrorists could be planning attacks in

in Indonesia.

Kevin Rudd has shot ahead in the

popularity polls over his handling

of the world credit crisis. And

postmortem ising news on the

economy with China nounsing a

financial rescue package to have

big benefits for Australia.

China is reeling from the global

slowdown. Growth dropped to a 5-year

low, forcing the Chinese

Government to inject $884 Government to inject $884 billion

over two years in in an attempt to

bolster its ailing economy. An

extraordinary fiscal stimulus

package, which I believe is of

significance, not just to this

economy, but also to the economy

across wider east Asia and the

word. Kevin Rudd is hoping the

boost will sustain China's demand

for Australian resources.

Economists say it should. And

knowing that there's a massive

fiscal stimulus in the pipeline, so that's

that's ultimately that's ultimately positive.

It's a boost that's greatly needed. In Australia, home loan approvals

are at a seven-year low and the

Central Bank downgrade today 1.5%.

And there is a "deteriorating

outlook for the economy". But it

seems Malcolm Turnbull's tactic to slam

slam the Government's handling of

the economy isn't helping his popularity. His preferred Prime Minister

Minister rating is at its

Minister rating is at its lowest

level since taking over as

Opposition leader. Kevin Rudd

retains a strong lead up three points

points to 62%.

And Treasurer Wayne Swan will today meet with the chiefs of today meet with the chiefs of the

Federal Reserve and US Treasury

over the financial crisis. Mr Swan

says he'll push for co-ordinated

co-operation with Ben Bernake in

New York. The meeting comes ahead

of the G20 meeting to be atended by

Kevin Rudd. Mr Swan has been in

Brazil where finance ministers from

around the world agreed to do more

to tackle the problems.

The survival of the straimian car

industry will hinge on a $6.2

billion stimue lulls package

announced by the Government.

Finance minister Lindsay Tanner

says it will help them to cope with more eco-friendly cars.

Transformation to much lower petrol

consuming vehicles and lower

emission vehicles. The Government

is still in negotiations with is still in negotiations with car finance providers who have finance providers who have been

hit hard by the credit crunch. Remembrance Day ceremonies are

being held across the world to mark

the 90th anniversary of the end the 90th anniversary of the end of the first world war. Quentin Bryce

will attend a ceremony in France,

and another will be held in Villeaux Brettaneoux.

The very small and very windy

township here is a special place

for Australians. It was here that

Australian soldiers fought and died

to liberate this area and stop the

Germans from advancing further on

to Paris. That in the big picture

help today bring an end to the

bloodiest war in history. 1,500

diggers died or were injured in a

single day, and their sacrifice has

not been forgotten by the people

here, even after all this time.

Indeed, the sacrifice of the 46,000

Australian soldiers who died during

WWI here ont Western Front has not been WWI here ont Western Front has not

been forgotten and will be

remembered tomorrow at a special remembered tomorrow at a special

service. It will be the 90th

anniversary of Armistace Day, and

for the first time, the Australian Government has organised a

commemoration here. It comes on the

back of a successful Anzac back of a successful Anzac Day service where 5,000 service where 5,000 Australians

came to pay their respects. It's hoped tomorrow, France time, that

several hundred Australians will do the the same.

Oscar winner Nicole Kidman has

appeared on the 'Oprah' show

overnight to promote her new movie, 'Australia'. The new mum showing

off a picture of 4-month-old Sunday

Rose. So, who do you think she

looks like right now? You or Keith?

So much like Keith. I call her

Keith-ette! I didn't even get a

look in. I think she got my fair

skin and that's about it. Her

co-star Hugh Jackman also appearing,

describing the movie as a

privilege to film. 'Australia' is

released here on November 26.

Ricky Ponting has defended his

decision to bowl spinners for much

of day four of the fourth Test

which ended in an Indian victory

allowing them to regrain the

Border-Gavaskar trophy. Australia's

pursuit for a victory fell well

short in the end of the match

wrapped up before tea, but

Ponting's decision to make up lost

time is now dominating all the aftermath. I'm a little bit

disappointed with some of the

criticism. Probably particularly

from former Australian captains and Cricket Australia board members.

The thing I'm most disapointed

about is the inference out there that I put myself totally ahead of

the team. Ponting admits that

Australia has some work to do

before next week's Test against

news nuz in Brisbane.

Chris Judd has uttered the words

that every Blues fan has wait today

hear, declaring that the club is on track to play on track to play finals football next season. They're big ambitions but the captain believes his squad has what it takes to feature in September. I think if we get the improvement and we do the work then I think we should play finals next year. Carlton stars are slowly building up their '09 preparations - Brendan Fevola trained away from the group while Nick Stevens and Matthew Kreuzer kept to light drills. Reece Shaw has touched down in Sydney, the former Magpie looking forward to turning his career around in the Harbour City. Mum hasn't stopped crying since she got the news, but yeah look, the rest of the family is really happy for me in terms of my footy

it's a really important step for me in my career and hopefully finish up here on a good note. And Fremantle's Paul Hasleby has returned to training 10 months after suffering a season-ending knee injury against West Coast in the NAB Cup.

The club is confident the 2003 all-Australian will be ready by the start of the season. Jeremy Arnold Ten News.

There aems been a major shock at

the season-ending tennis Masters in Shanghai, with Roger Federer

losing his opening match. Federer

losing his opening match. Federer

missed the Paris Masters with a

back injury, but refused to blame

that for a 4-6, 6-3 loss. Federer

has another chance as the initial

stage is all about Round R robbing.

Brim yant, shades of Madrid again.

Andy Murray also made a positive

start with a 3-set win over Andy Roddick.

There's been a mixed reaction from

world markets to China's $884 billion

billion economic stimulus package.

With details, Commsec's Juliana

Roadley joins us. The stocks have

rallied in Asia and Europe, but not

it seems in the US. This was a

stimulus package for all and

included tax cuts for corporations and spending on housing and spending on housing and infrastructure and agriculture and

social welfare, and that's why

we've saen such a big reaction

around the globe. Yesterday, we saw

the Nikkei up by 5.8%. The Futures

market for the Nikkei saying it

could open over 5% higher today.

The hang seng up by 3.5%. Europe

was higher but as you said, the US

moving lower. Really it is

internal plays there and more weak data

data coming through in the auto

markets and also weak news from the

banks and insurers with AIG, a big

loss there. Now, our market, we're

looking for a bit of a mixed day

really. The SPI is sending our

market to open down 78 points, but

good base metal prices overnight

and with all of the momentum coming through, we might end higher. What

should we make of all of the talk

from the Reserve Bank yesterday and

the forecasts? We were looking for

information and I think we got more information and I think we got more

than expected. There was a fair bit

of anythingtive gloom of anythingtive gloom coming

through. They have revised down

the GDP or growth to 1.5%. They are fearing

fearing that that we could see a

loft the frayeding partners move

noog recession or negative growth,

so if anything, we could see more hate

hate cuts on the horizon. Thank you.

The NAB has strengthened its

balance sheet by raising $3 balance sheet by raising $3

billion in new capital. NAB place

150 new shares at $20 each. The

bank raised $1 billion more than

bank raised $1 billion more than predicted. Shares will resume trading today following yesterday's

trading halt. Weather on this Tuesday:

The Opera House glows red for

Remembrance Day. All the details

when the early news returns. Morning, sweetheart. Morning. VOICEOVER: Now with more wholegrain and more fibre... Don't panic. ..Milo cereal gives your kids even more nutritious energy. And when you put yourself in your kids' shoes... Wait! (Pants) ..you can see why they need it. Sorry, sir. (Child shouts) And Milo cereal still has the same great taste they love. Now you get even more with Milo cereal. (QUIRKY MUSIC) Looking for a home loan takes so much time it's exhausting.

Mortgage Choice does the legwork for you and our service is free.

This program is captioned live.

This is Ten News. Today - president-elect Barack Obama

arrives at the White House for

talks with George Bush and a

first-hand look at his new home.

The Government urges the travel industry not to penalise

Australians for delaying their

holidays to Bali as a threat of a

terror attack remains.

The sails of the Sydney Opera House

glowing red as part of a national

tribute for Remembrance Day.

In sport, it's gone. The begins In sport, it's gone. The fallout

begins after Australia's fourth Test

Test loss handed the

Border-Gavaskar trophy back to India. Weather for you:

But first, US president-elect Barack Obama has arrived in

Washington for his first meeting

with George Bush and a to you of

his new home. Ten's US

correspondent Nicole Strahan join

us live now, and what's expected to

happen at this meeting. Well, good

morning, Frank. About 45 minutes

ago, the president-elect and his

wife Michelle Obama arrive Ted

White House and were greeted by the

President, George Bush and his wife

Laura. After some quick photos for

the media, it. Down to business for

the two men. They went into the

oval office, the first time Barack

Obama had apparently ever been into

the Oval Office for a private

meeting between the two men. It is

expected to last at least an hour,

but could possibly go longer. As I

said, it is a private meeting, said, it is a private meeting, so

really it is speculation about what

they will discuss, but high on the

agenda obviously is expected to be

the financial crisis that the financial crisis that this

country is fighting and trying to

stay out of a deep and economic

recession. Also too the recession. Also too the wars

overseas in Iraq and Afghanistan

and other national security issues

are expected to be on the are expected to be on the agenda

for those two men. Today's visit

may give the Obamas a taste of how their lives are about to change,

but it was business as usual for

their two daughters? Frank, as the

meeting was taking place between

the leader and the leader in waiting, the women in this

particular two families, Laura Bush

and Michelle Obama are taking a

tour of the White House. But not

with them, the Obama's two children,

10-year-old Maliya and 7-year-old

Sasha. They're still at school,

there's no time to skip school.

They were taken to school today in

Chicago by their father before he

left for Washington DC. So perhaps

the two young girls will have to

wait until inauguration day on wait until inauguration day on January 20 to see their new

bedrooms. Indeed, priorities. Thank you.

The Rudd Government say it is is

working to ensure Australians are

not penalised if they deperholiday

plans to Bali because of the high

risk of a terror attack. Senior

Muslim leaders have spoken out

against the Bali bombers in a bid

to restore calm in the wake of their exskuegss.

Bitter words in the tribues at the

Kuta memorial. One of Bali most

senior Muslims spoke out against

Islamic radicals. Indonesia and

Bali, a peace area, not war area.

He was a hero of the 2002 bombings, helping ferry the injured to

hospital and working for weeks hospital and working for weeks fe

Sari Club site. Very sorry for all

people in Australia. But many

Aussies arriving in Bali are

worried. I'm frightened, yeah.

After the euphoria of Saturday

night, Kuta clubs are now half

empty. Imam Samudra and his fellow

bombers have been honoured as

martyrs in his West Javan home town.

This is very wrong. Yes. This is

very, very wrong. He says that he

understands the relief and the

concerns since the executions. But,

he's doing everything he can in the

broader Muslim community to ensure

there's no repeat of the 2002 and

2005 attacks. Islam is peace.

The Prime Minister's approval

rating continues to soar over the

Government's handling of the

credit crisis. Today's Newspoll in

the skwopt Australian' shows that

Kevin Rudd has widened his lead

over Malcolm Turnbull as preferred

PM. Mr Turnbull's popularity has

lowered to the lowest level since taking over as Opposition leader. And Labor has taken over its

commanding lead in the two commanding lead in the two party

preferred now ahead by 10 points.

The survival of the Australian car

industry will hinge on a $6.2

billion stimulus package. Lindsay

Tanner say it is will help to cope

with the movement to more

eco-friendly cars. Transformation

to much lower petrol consuming or other fuel consuming vehicles, and

much lower emission vehicles. The

Government is still in negotiations

with car finance providers who are also

also being hit hard by the credit

crunch. Noim Today's NSW mini

budget is expected to contain major

cut backs aimed at culling the

State out of the financial black

hole. The xdge Budget is expected

to be in deficit by $1 billion.

Many of the Budget cuts Many of the Budget cuts have already been made public,

including the shelving of major

rail projects. The school rail projects. The school transport

subsidy scheme will be overhauled.

While an increase in land tax is

also expected.

The Sydney Opera House has glowed

red overnight as part of a national

tribute for Remembrance Day. The

sails of the iconic building were

lit up to mark the 90th anniversary

of the end of WWI today. Other

buildings including Old Parliament

House in Canberra and Melbourne's

Southern Cross Station have Southern Cross Station have also

been bathed in red.

Governer-General Quentin Bryce

Governer-General Quentin Bryce will

attend a rememberance day ceremony

in France and other Remembrance Day

ceremonies will be held across the

country to remember the sacrifices

made in past and present conflicts.

Ricky Ponting will face plenty of

questions later today when he

returns home from the Series loss

in India. The captain's decision to

bowl part timers in order to make up

up overs and avoid a aussengs has

been seen as the turning -- avoid a

su pension has been seen as a

turning point. The Border-Gavaskar trophy, back in India's hands. COMMENTATOR: This is a special moment in Indian cricket.

We played outstandingly, We played outstandingly, against

the best side in the world is very,

very satisfying. I thought we

dominated all three Test matches. It was a soft demise. Ponting self destructed. Trouble - trouble if he hits. And he's gone. We were three down when Clarke went before lunch, although Hayden gave India a fright. That's massive - massive. as the spinners weaved their magic Hussey went, then Harbhajan got Hayden yet again, extinguishing any hope, the tail folded cheaply. The skipper will arrive home to questions regarding tactics Look forward to getting an understanding of the exact circumstances. That'll happen before next week's first Test against New Zealand, Paul Cochrane, Ten News. They're big ambitions for the young Blues,

The thing I seem to be most

disappointed about the idea that I

put myself ahead of the rest of the

team.

Fiji will take on Australia in

Sunday's rugby league World Cup in

Sydney. They move through after a

win over a gutsy Ireland side.

Jarryd Hayne also impressed as the

Fijian commented a spot in the worn comi finals.

The Newcastle Jets will decide

whether to fight a contrary charge

against Gary Van Egmond. He was

charged with bringing the game

into disrepute in his part in the

ugly scenes. Perth skipper Jamie

Coyne has had the red card he

received in the clash overturned.

But Newcastle's Daniel Piorkowski

will serve a 2-game ban after being sent off.

Tell us about the dismal forecast from the RBA.

They don't seem to be as optimistic

as the Treasury. The RBA now

expects the economy to grow by only

1.5% this financial year, down

from the previous forecast of 2.25%.

But the Federal Government remains

optimistic. The inate imagination, creativity and strength that's in

Australian business, that's in our

workforce and the solid economic

management and positioning of the

Government will see us through.

Economists are now predicting a 50-point cut in interest rates next month.

And briefly, the US Government will

inject a further $40 billion into AIG.

Now let's take a look at all the world markets:

Mostly sunny across the east coast

today. Brisbane will get 26. 23 in

Sydney. 28 in Melbourne. Go to

Adelaide and it is a sunny 32 and a

mostly cloudy day in Perth.

And checking today's newspaper

front pages, according to the 'Age',

2am lockouts will be replaced by a

roving security van to help police

monitor trouble spots. The 'Financial Review' has more on

the NAB raising $3 billion to

shore up its balance sheepts

against the other big banks.

And the 'Courier Mail' says that

the Queensland Government will

raise an extra $3 billion a year

with a hike on all fines. Teen

Teen hysteria, the stars of 'High

School Musical three' walk the red carpet. GOOD MORNING, I'M FIONA NELSON.

CANBERRA, AND SURROUNDING AREAS, WILL PAUSE TODAY, TO REMEMBER THOSE WHO PAID THE

ULTIMATE SACRIFICE, FOR THEIR COUNTRY. A REMEMBERANCE DAY CEREMONY, WILL BE HELD AT THE AUSTRALIAN WAR MEMORIAL FROM 10-30 THIS MORNING, WITH A MINUTE SILENCE TO BE HELD AT 11 O'CLOCK. MEMBERS OF THE PUBLIC, CAN SHOW THEIR SUPPORT, BY BUYING A RED POPPY FROM LOCAL LEGACY BRANCHES.

RESIDENTS AND POLITICIANS AROUND GOULBURN AND YASS,

HAVE VOICED THEIR CONCERN, AT RUMOURS, THE STATE GOVERNMENT IS PLANNING TO CUT FREE TRAVEL FOR SCHOOL KIDS IN RURAL AREAS. THE GOVERNMENT, IS SET TO ANNOUNCE ITS MINI BUDGET TODAY, WHICH IS DESIGNED TO HELP LIFT THE STATE OUT OF DEFICIT. BUT STATE MEMBER FOR BURRINJUCK, KATRINA HODGKINSON SAYS, THE DECISION TO CUT THE SCHEME, COULD BE DEVASTATING, FOR FAMILIES THAT ARE ALREADY STRUGGLING IN REGIONAL CENTRES.

AND THE GOULBURN MULWAREE COUNCIL SAYS, THE SEPTEMBER LOCAL GOVERNMENT ELECTIONS, COST MORE, THAN ANY OTHER YEAR.

WHILE THE FINAL COST, IS YET TO BE FINALISED, COUNCIL GENERAL MANAGER, LUKE JOHNSON, EXPECTS THE BILL TO REACH A HUNDRED AND 40 THOUSAND DOLLARS. TO SPORT, AND CANBERRA'S STIRLING MORTLOCK, HAS CAPTAINED THE AUSTRALIAN WALLABIES, TO ANOTHER WIN, AUSTRALIAN WALLABIES, TO ANOTHER WIN, DEFEATING THE ITALIANS, 30 TO 20, OVER THE WEEKEND. BUT THE TEAM COULD SUFFER, AHEAD OF THE NEXT ROUND, WITH BERRICK BARNES, AND TIMANA TAHU, BOTH SUFFERING SERIOUS INJURIES. THE WALLABIES, TAKE ON ENGLAND AT TWICKENHAM THIS SATURDAY. WARM AND SUNNY WEATHER IS EXPECTED TO CONTINUE FOR

THE NEXT FEW DAYS AS A HIGH IN THE TASMAN SEA EXTENDS A BROAD RIDGE OVER REGION. REGION. LOOKING ACROSS THE NATION - FINE AND SUNNY IN CANBERRA TODAY - MOSTLY SUNNY IN SYDNEY AND MELBOURNE - A SHOWER OR TWO FOR BRISBANE FOR BRISBANE CLOSER TO HOME - FINE AND SUNNY IN DUBBO WITH A TOP OF 28 - THE GONG IS HEADING FOR A TOP OF 22 - WHILE WAGGA IS HEADING FOR A TOP OF 30 DEGREES

MOSTLY SUNNY AND 24 FOR BATHURST, GOULBURN AND BATEMANS BAY - A SUNNY 17 DEGREES FOR PERISHER NOWRA CAN EXPECT A TOP OF 24 - A SUNNY DAY AHEAD FOR PARKES WITH 30 - WINDY AT THREDBO LOOKING AHEAD - TOMORROW AND THURSDAY SHOULD BE FINE, HEADING FOR A TOP OF 28 DEGREES AND ON FRIDAY THERE'S THE CHANCE OF A SHOWER OR STORM, ALSO WITH AN EXPECTED TOP OF 28 This program is captioned live.

Today's headlines - president-elect

Barack Obama and his wife Michelle

arrive in Washington for a meeting

with George Bush and a tour of their new home.

Hundreds of Australians prepare to

gather in northern France to mark

90 years since the end of WWI.

In sport, tricky questions for

Ricky. Ponting under fire as

Australia surrenders the Border-Gavaskar

Border-Gavaskar trophy to India.

And in finance, the Reserve Bank

paves the way for another big rate

cut after downgrading cut after downgrading Australia's

economic growth forecast.

But first, Barack Obama and wife

Michelle have arrived in

Washington for a first-hand look at

their new home called the White

House. The president-elect dropped

his daughters at their Chicago

school before flying to the school before flying to the capital

with wife Michelle. The couple were greeted

greeted by president President Bush

and first lady Laura Bush before a

tour of the executive mansion

they'll call home in just over two

months. Mr Obama and President Bush

will also hold talks in the oval

office which will focus on the

transition of power, the financial crisis and national security matters.

Remembrance Day ceremonies are

being held right across the world

to mark the 90th anniversary of the

end of the first world war. Quentin

Bryce will attend a ceremony in

France, while another service will

be held for the first time in Villers-Bretennoux.

Well, the very small and very Well, the very small and very windy

township of Villers-Bretonneux is

special for Australian soldiers. It

was here 90 years ago that they

fought and died to liberate the

area and stop the German soldiers

advancing on to Paris. 1,500

diggers were injured or died in a single day in the battle single day in the battle of

Villers-Bretenneux. The sacrifice of Villers-Bretenneux. The sacrifice o

Australian soldiers who died during

WWI here on the Western Front WWI here on the Western Front has

not been forgotten. It will be

remembered tomorrow at a special

service here. It will be the service here. It will be the 90th

anniversary of Armistace Day. And

for the first time, strailtian

Government has organised a

commemoration here. It comes on the

back of a very successful Anzac Day

service where 5,000 Australians

came to pay their respects. It's

hoped tomorrow France time that

several hundred Australians will do

the same. The

The Federal Government will hold

talks with the travel industry as

it urges Australians to delay

holidays to Bali. Airlines Jetstar

and Virgin Blue have already waived their fees for customers

wishing to make changes following

the Bombers' deaths. The Government

says that it will look at what more

can be done to give travellers extra flexibility. Meantime, senior

Muslim leaders have denounced the

bombers in a bid there to restore

bombers in a bid there to restore

some calm. Indonesia, Bali, peace

area. Not war area.

The Government's Smarpt Traveller

website says there's credible information that terrorists could

be planning attacks in Indonesia.

Two men have been seriously injured

after crashing their car after a

police pursuit in Sydney. Officers

had tried to stop the vehicle after

a brawl in Merrylands in the city's

west. Police gave chase and lost

control. The men remain in a

serious condition in hospital.

Kevin Rudd has shot ahead in the popularity polls over his handling

of the world credit crisis, and

there's promising news on the economy with China nounsing

financial rescue package that could

have big benefit force Australia.

China is reeling from the global

slopedown. Growth has dropped to a

5-year low forcing the Government

to inject $818 billion over two

years in an attempt to bolster the

ailing economy. An extraordinary

fiscal stimulus package, which I

believe is not just of significance

to this economy, but also to the

economy across wider east Asia.

Kevin Rudd is hoping that the

boost will sustain China's demand

for Australian resources. Knowing

that there's a massive fiscal

stimulus in the pipeline so that's

ultimately positive. It's a boost

that's greatly needed. In Australia,

that's greatly needed. In Australia,

home loan approvals are at a

67-year low and the Reserve Bank

just -- is at a 7-year low and the just -- is at a 7-year low and the

Reserve Bank just downgraded its growth for the year.

But it seems Malcolm Turnbull's But it seems Malcolm Turnbull's tactic to slam the Government's handling of the economy is handling of the economy is not

helping his popularity. His

preferred Prime Minister rating is

at its lowest level since taking

over at Opposition leader. Kevin

Rudd retains a strong lead, Rudd retains a strong lead, up three points to 62%.

And Treasurer Wayne Swan will

today meet with the chiefs of the

Federal Reserve and US Treasury

over the financial crisis. Mr Swan

says he'll push for co-ordinated

global action over the talks with

Ben Bernake and Henry Paulson in

New York. The meeting comes ahead

of the G20 leaders summit and that

will be atended by the Prime

Minister Kevin Rudd.

A man has been shot in the head in

inner Melbourne. The 35-year-old

was found in South Yarra just

before 2:30 this morning. He was

rushed to hospital where he remains

in a stable condition. Detectives

have set up a crime scene and are

urging any witnesses to come forward.

Oscar winner Nicole Kidman has

appeared on 'Oprah' to promote her new movie 'Australia'. But of

course, the talk soon turned to

babies. The new mum showing off a

picture of 4-month-old Sunday Rose.

So, who do you think she looks like

So, who do you think she looks like

right now, more like you or Keith?

So much like Keith. I call her Keith-ette. I didn't even get a

look in, I think she got my fair

skin and that's it. Her co-star

Hugh Jackman also appeared, Hugh Jackman also appeared,

describing the movie as a

privilege to film.

Ricky Ponting has defended his

decision to bowl spinners for much

of day four of the fourth Test

which in the end ended in an Indian

victory, allowing them to regain

the Border-Gavaskar trophy. The

match wrapped up before tea on the

final day. But Ponting's

to make up lost time is dominating

the aftermath. I'm a little bit

disapointed with some of the

criticism. Probably particularly

from former straimian captains and

Cricket Australia board members. The thing I'm most disapointed about is the inference out there

that I put myself totally ahead of

the team. Ponting admits that

Australia has some work to do

before next week's first Test

against New Zealand in Brisbane.

Carlton skipper Chris Judd has

uttered the words that every Blues uttered the words that every Blues

fan has waited to hear, declaring fan has waited to hear, declaring

that the club is on track to play

finals football next season. They're big ambitions for the young Blues, but the captain believes his squad has what it takes to feature in September. I think if we get the improvement and we do the work then I think we should play finals next year. Carlton stars are slowly building up their '09 preparations - Brendan Fevola trained away from the group while Nick Stevens and Matthew Kreuzer kept to light drills. Reece Shaw has touched down in Sydney,

the former Magpie looking forward to turning his career around in the Harbour City. Mum hasn't stopped crying since she got the news, but yeah look, the rest of the family is really happy for me in terms of my footy it's a really important step for me in my career and hopefully finish up here on a good note. has returned to training 10 months after suffering a season-ending knee injury against West Coast in the NAB Cup. The club is confident the 2003 all-Australian will be ready by the start of the season.

Jeremy Arnold Ten News.

There's been a major shock at the

season-ending Masters in Shanghai

with Roger Federer losing his open

match. He missed the Paris Masters

with a back injury, but he refused

to blame that for a loss to Gilles

Simon .

Comment comment

Andy Roddick. Andy Murray had a 3-set win over

There's been a mixed There's

There's been a mixed reaction

markets to China's $884 billion

economic stimulus package. Juliana Roadley joins us live from Commsec. Roadley

Stocks have rallyed in Asia and

Europe but, not in the US it seems.

No, the US problems are internal.

They've had more big job losses and

General Motors coming out and General Motors coming out and

saying they're going to cut growth at some of their plants. And also

weak data coming out from the banks.

But the fact that the stimulus

package was a package for all and

infrastructure and social welfare included housing and spending and

packages. And that's what really packages. And that's what really

boosted most of the Asian sector

yesterday, with the Nikkei up by

5.8%, looking to open 5% higher

today and the Hang Seng was strong.

And more dismal forecasts from the

Reserve Bank? Yes, yesterday we

were waiting for the decision to

come out but we got more than

expected. They said they were

expecting the growth to halve its

regular growth to 1.5%. That's the

GDP number for here in Australia. GDP number for here in

We feel that it will be around the

same level, but if anything, we

could see more tax cuts coming through and interest rate cuts as

they try to look at ways to boost the Australian economy.

The NAB has strengthened its

balance sheet by raising $3

billion in new capital. NAB placed

150 new shares at $20 each - that's

a 9.7% discount on Friday's close.

It helped the banks raise $1

billion more than expected. Shares

will resume today following

yesterday's trading halt. To

To the business in brief now, and a

real estate slump in the US has

seen Fannie Mae report a loss of

$29 billion. AIG will receive $29 billion. AIG will receive

another $40 billion from the US

this morning. Government. That's all the finance

Now, I know you've been waiting for

this one. There was teenage

hysteria on the streets of Sydney hysteria on the streets of Sydney

as excited and vocal fans turned

out for the Australian premiere of

'High School Musical 3'. Zac Efron

and Vanessa Hudgens walked the red carpet.

Now for the weather:

president-elect Barack Recapping the top stories,

president-elect Barack Obama

arrives for talks with President

Bush and a look at his new home.

The Government urges the travel

industry not to penalise

Australians for delaying their

holidays to Bali as threat of a terror attack remains.

And the sails of the Sydney Opera

House glow red as part of a national tribute for rememberance day.

And that's it for Ten News. Have a

good morning.

Australia www.redbeemedia.com.au Supertext Captions by Red Bee Media