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Don't be sleeping in this morning,

get up, watch the news and head to

the beach for a Barbie, it's

Australia Day, and there's a big

day ahead, you won't want to miss a

moment. It is 6:00am on 26 January.

I'm Frank Coletta, welcome to Ten's

'Early News' are. Also this morning,

social entrepreneur Simon McKeon is

'Australian of the Year'. The

former investment banker heads up a number of Australian and

international charities. Former Treasurer Peter Costello, and

teenage around the world sailor

Jessica Watson among the long list

of winners on the Oz Day honours

list. While much of the country

parties, spare a thought for

been Brisbane where celebrations have

been cancelled or relocated and

Victoria, where towns are under

water. Checking the weather:

The nation's birthday has finally

arrived and there is a huge line-up

of event around the country to help

us celebrate the day off. Sydney's

Hyde Park and Melbourne's Alexandra

Park are both expecting huge crowds

for a full day of planned

entertainment. The Harb ow city has

a thong challenge and the

traditional fer ferry race. With

the mercury expected to soar, most

will take to the beach. Doubled

patrols, support services,

helicopters, rescue boats will be

out and on the water as well. Sadly

flooding has forced the

cancellation of the Australia-day

festival at Brisbane's Southbank.

cap In all other cities fireworks will

cap off a wonderful day of fun

around the - this vast country.

Social entrepreneur Simon McKeon

has been named this year's

'Australian of the Year'. Simon

McKeon through threw in a career as

an investment banker to dedicate

his talents to local and international

'Australian international charities. The

'Australian of the Year' for 2011

is Simon McKeon.

(CHEERING AND APPLAUSE)

. Businessman turned philanthropist

Simon McKeon used his corporate

nous to encourage companies to

engage with the developing world

and thrown support behind leading

charities and research projects and

urges other Australians to follow

his lead. Contemporary societyy

will only be the society you want

if it has a strong not for profit

sector. It came as no surprise that

solo sailor Jessica Watson took out

'Young Australian of the Year',

after circumnavigateing the globe

at 16. Anyone can achieve these

things. Disaibilityyi advocate Ron

of McCallum is the 'Senior Australian

of the Year', the first blind

Professor to meet at a university.

I want to meet Australians and show

them that we are the same as them that we are the same as

everyone else. And Donald Ritchie

is Australia's 'Local Hero' for

2011, for a tireless campaign to

stop people taking their lives at

The gap. You can't sit and watch,

you have to do something about it. In

In Victoria, more small farming

communities are being flooded as

the huge inland sea flows towards

Swan Hill in the State's north-west.

Residents in Murrabit continue to

build up their lines of defence.

I'm short of excavators, they are

sitting up the road 3km, held up by

the SES, they won't let them

through, because the road is closed.

Of course it's closed. That's

Department of Primary Industries another prop. The Victorian

expects the floods to cost the

agricultural industry up to $2

billion. Australia's Defence Force

10's crews are on the ground. Channel

10's Candice Wyatt is there. Where

are the waters at now? Currently

they are peaking 40km upstream from

here at Swan Hill. Near a place

called Murrabit. Locals there have

been doing everything they can to

protect themselves from the rising

waters, but yesterday the waters

won, and a 100 year old levy on the

Loddon River gave way. That really

highlights the fragility of the

levees, and in paan to the volume

of water or the inland sea it is

it's called that's passing through

Victoria at the moment. Candice

Wyatt, tell me the Swan Hill

residents, do they fancy their

chances of getting through

unscaithed. Here at Swan Hill on unscaithed. Here at Swan Hill on

the banks of the Murray River, it's

swollen. It's not expected to peak

until Monday at a level of about

4.8 metre. The Defence Force

yesterday flue in two Sea King

helicopters, there's 68 -- flew in

two Sea kink helicopters, there's

68 army personnel -- Sea King

helicopters, there's 68 army

personnel, they'll be used where

needed. Interestingly the power

here in Swan Hill was severed last here in Swan Hill was severed last

night for a couple of hours. The

SES tells me they took a few calls

from worried locals concerned it

had something to do with the

floodwaters. It didn't, it was

caused by a bird. That does

highlight the angst in the

community of Swan Hill as town

waits for the waters to peak. They

have good reason to be on edge.

line. Candice Wyatt on the flood front-

line. Qantas had technical problems.

The second in as many days, Sydney-

bound flight QF2 was forced to turn

back to Bangkok after a problem

with an engine. 352 passengers

spent the night in hotels there. spent the night in hotels there.

Yesterday a Qantas jet terrified

passengers when it lost air

pressure during an Adelaide to

Melbourne flight. The NSW

Treasurer's job appears to be well

and truly on the line because of

his midnight fire sales of the

energies companies. News Limited

reports there's a growing move in

the unions to freeze out Eric

Roozendaal, insiders want the

Treasurer bumped down the Labor

Party's Upper House ticket for the

March election. He's been under

fire since revealing the public will

will get little from the sale of

the public assets. The Russian

Prime Minister promised those

behind the suicide attack at

Moscow's busiest effort will be

found. The blast at Domodedovo

Airport killed 35 and injured 86

others. Vladimir Putin described

the bombing as abominable and cruel. the bombing as abominable and cruel.

No-one has taken responsibility,

there are reports a Chechian

organisation was behind the attack,

the same group responsible for

attacks on the Moscow Metro last

year. A police pursuit of a drunk

driver in the US ended with a crash.

The one hour chase ended when the

car went through a red light,

sideswiping another vehicle at high sideswiping another vehicle at high

speed. The driver was badly injured,

the female drunk driver, driving at the female drunk driver, driving at

high speed and swerving over the

road was injured, she's since been

Rush charged. Australian actor, Geoffrey

Rush has been nominated for one of

the Hood's top accolades. The film

and stage -- Hollywood's Top

accolade, Geoffrey Rush is in the

running for his role as Lionel

Logue in 'The King's Speech'.

Sometimes you have to bear the

brunt of the slings and Arrows of

mean-spirited press where people

give you negative feedback. It's

nice to occasionally have a

surprising balance where people

give you a big kind of pat on the

back. Overall 'The King's Speech'

has been nominated for 12ai wards.

What a way to kick off -- 12 awards.

What a way to kick off the soccer,

Socceroos beating Uzbekistan. Harry Socceroos beating Uzbekistan. Harry

Kewell continued his form, needing five

five minutes to put Australia ahead.

A flurry of goals late in the

second half rounded out a one-sided

semifinal. Uzbekistan have been

dismantled. Australia will meet

three-time champion Japan in the

final, who beat South Korea 3-0 in

a nail-baiting shoot out after the

scores were locked 2-2 following

extra time. 2008 tennis champion Novac

Novac Djokovich is through to the

semiise after overcoming Tomas

Berdych, and an eye problem. He

suffered the problem in the second

set, but recovered to win the match

in style. Tomas Berdych has never beaten

beaten Novac Djokovich on a hard

court and once again the world

number 3 was proving too good,

flying through the first set 6-1.

That's the opening set. It happened

in 36 minutes and the second set

was unfolding in similar fashion.

Wow. Working him. Until Novac

Djokovich lost sight, plagued by a

problem with his contact lenses.

Tomas Berdych saw is chance and

ceases it. Novac Djokovich

administered his own medicine,

getting the dose right, breaking

back. Against the flow. From 4-1 back. Against the flow. From 4-1

down the Joker forced a tie breaker, down the Joker forced a tie breaker,

won that and the second. I'm not

sure if there'll be a bigger point

played. There wasn't. Tomas Berdych

out on his feet. Novac Djokovich

dominating the crucial point and

the third set 6-1. A good way to

finish in style. He'll face Roger Federer

Federer in the semifinals. We know

that he's the best player ever, so

it will be tough. Now our men may

have been smashed by England in the

Ashes, but our women restored much-

needed pride in cricket. After

receiving a call from Ricky Ponting,

captain Alex Blackwell combined

with Sarah Elliott for a 121 stand

guiding the hosts to victory. Ricky

sent his best wishes before the

match, they wanted us to do well.

We have done that. I hope they are

proud of us as well. We all are.

It's the first time the Southern

Stars held the coveted trophy since

2005. The latest inflation figures 2005. The latest inflation figures

came in softer than expected, and

the good news is they released the

pressure on the Reserve Bank regarding interest rates. Fresh

food prices are on the rise. The

trsher warns there's more to come.

This vegie patch is a lifesaver,

food prices soaring 2.5%, vegies up

11%. It's becoming more difficult

to feed the kids fresh produce. The

wet weather hasn't driven up the

cost of living thanks to cheaper

imports and store zount, inflation

wrote 0.4% to a rate of 2.7%. It

may not last. There'll be an impact yet

yet to be felt from the floods. There's no doubt inflationary pressures

pressures will build in the months ahead

ahead as the flood recovery gets

under way. Economists are divided

on how soon the Reserve Bank will

move to contain the threat. More

immediately is the prospect of a

Government-imposed levy. The

Government would be crazy to impose

a levy. The Government says it will

have no choice. The money has to

come from somewhere. Inflation

might be coming to a burger joint near

near you. McDonald's Corp reported

a 2% rise in net income to the year

to 1.2 billion, that's up a touch

on a year ago. The company says it

expects food costs will rise 2.5%

in the US, and up 4.5% in Europe.

It raised prices in the United Kingdom

Kingdom to cover the higher costs.

It looks likely to do the same in

the United States with the rising

cost of food here too. Can

Australia be too far behind.

Probably not. We'll check the

numbers on the board. The Dow Jones has: Let's check the skies:

Still ahead our floods have pushed

up the prices for pizzas in New

York. True story, details when Ten's 'Early News' returns.

WOMAN: For a cash advance with a simple fixed fee, convert your thinking. Cash Converters.

This program is captioned live.

Headlines every 15 minutes on this

Australia Day edition of Ten's 'Early

'Early News'. While Aussies

celebrate the national birthday

means something different to

thousands of people recovering from

the floods in Queensland. The

Breakfast Creek Hotel in Brisbane

will donate the proceeds of celebrations

celebrations today to the

Queensland Premier's flood appeal.

For many areas the party couldn't

come at a better time. We are still

here, kicking, so Australia Day is about celebrating the country,

that's the people. Something to

celebrate, getting through it,

cleaning up the city. The clean-up

forced the cancellation of

Australia Day festival on the Southbank

Southbank and the flag raising and

concert have been relocated. In

most other capital cities, a full day

day of event will be capped off by

fireworks. A huge day of

celebrations is planned around

Sydney. We are joined by Jess

Pelliccione from Kirribilli. What

kind of event are planned in Sydney.

Good morning, it's hard to believe

they can fit so much fun in one day

in Sydney as we celebrate Australia

Day. It's a little foggy at the

moment. It's set to be a cracker.

Now, the festivities have kicked

off in Parramatta, where a flotilla

of hot-air balloons have been

launched into the sky. Later this

morning Hyde Park will host the

annual grape Aussie Barb cue, it

will be Sydney's biggest backyard.

2,000 hamburgers, 1,000 sausages

and steaks will be cooked up there

for hungry Aussies, and they'll

host the annual grape stomping

event. Attentions will turn to the

harbour for the ferry-thon. It's expected

expected to bring thousands here to

line the shores, it will end under

the Harbour Bridge, acting as the

finish line for the race. The day

will end with a bang at Darling

Harbour, with a fireworks display,

and a lot of activities for the children

children as well as performances

from Australian artists. So as you

can see, it will be a great day

here in Sydney. I suggest you get

down here early to secure a good

posse on the harbour. I have mine.

Well done Jess Pelliccione, there

with a hot day in store, the beach

will be popular. Meanwhile social

entrepreneur Simon McKeon is in

year's 'Australian of the Year', solo

solo sailor Jessica Watson is the

'Young Australian of the Year', and

former Treasurer Peter Costello has

been named a 'Companion of Australia'. Australia'. Peter Costello was

never Prime Minister but our

longest serving Treasurer is being

appointed the country's highest

honour, a 'Companion of Australia'.

He says it's not a consolation

prize. I was there to try and make

Australia a better place. Whether I did

did or not some may argue, but that

is what motivated me and I just

feel privileged to have had the

chance to do it. Another recipient

who says he needs no praise is 83-

year-old Norman Gibbs, who spent

decades brightening the lives of

sick children and has been awarded

a 'Medal of the Order of Australia'.

It's great to see a sick child

smile. Designer Liz Davenport has

been keeping Australians well

dressed and is humbled. We have

many heroes, and many people of

achievement. Men and women because

we have such enormity in disasters

right across our country. One of

hem is Victorian firefighter

Alexander De Man, who won't forget

what his medal is for. I think of

Black Saturday constantly. The memories

memories of Black Saturday, the

efforts of the people I worked with.

The efforts that they put in never

leave my mind. Millions of

Australians will flock to the coast

and they have surfer Tom Kirsip to

thank for protecting the beaches. I

like to look in them, surf in them,

see kids playing in them, think of

the fun my wife and I had with

grandkids playing at the water's

edge, it's lovely to do that. Eye

doctor Mark Loane has been

recognised for helping those in

Indigenous communities, Malcolm

Turnbull's wife Lucy for charity

work, Queensland Governor Penelope

Wensley has been appointed a

'Companion of Australia'. But there

will be more subdued celebrations

in many parts of Victoria as

communities in the north-west

continue to fight rising floodwater.

An audit revealed the damage bill

could be up to $2 billion.

Communities near Swan Hill face

days of isolation. This is the

sound of a flood levee breaking.

But this collapse is credited with

saving rather than endangering a

town. Local farmer Shane Cummins

says this levees failure allowed

megalitres of water to flow into

what was a dried out swamp instead

of a nearby community. To protect

houses, assets and life and let the

water go. In Murrabit waters spread,

20 minutes earlier this section of

road had been dry. I'm short of

excavators at the moment. They are

up the road 3km held up by the SES.

They won't let them through,

because the road's closed. Of

course it is. Closed roads are

costing Murrabit's dairy farmers

who can't transport the milk. We'll

lose $80,000. The Premier promising

Government support. We want to make

sure any grants, funds coming into

the areas stays in these areas to

rebuild the economy. The floodsar

estimated to cost the state's

agricultural city up to $2 billion.

Police are searching for a woman

who went missing off a Sydney beach

overnight. The 28-year-old and her

husband were swimming at Maroubra

at 8.15 when they were knocked over

by a wave. The woman was dragged by a wave. The woman was dragged

out to sea by a current. The

husband regained his footing, he

managed to follow his wife 200m or

so, and lost sight of her.

Emergency Services used helicopters

and searched into the night. It

will resume this morning. Australian actor Geoffrey Rush has

been nominated for one of the

Hood's top accolades. He is in the

running -- Hollywood's top

accolades, he's in the running for

'Best Supporting Actor' for his

role as Lionel Logue in sweech 'The

King's Speech'. Sometimes you have

to bare the -- in 'The King's

Speech'. Sometimes you have to bare

the brunt of mean-spirited press,

where people give you negative

feedback. It's nice to occasionally

have a bit of surprising balance

where people give you a big kind of

pat on the back. Overall 'The

King's Speech' has been nominated

for 12ai wards. -- 12 awards. Novac

Djokovich has overcome an eye

problem and Tomas Berdych to advance into the Australian Tennis

Open semifinals, the world No.3 was

in great form taking the first set

6-1 before having problems with his

contact lenses, he fixed it with

eyedrops and recovered to win in

straight sets. The man called the

joker will face Roger Federer next.

Good way to finish in style. We

know that he's the best player ever,

so it will be tough. Yes, and he

won the Australian Open back in

2008. To cricket and Chris Gayle

led the warriors to a 22-run

victory over the Bulls at the Gabba. victory over the Bulls at the Gabba.

The West Indian belted 92 off 40

balls, Anything that travels that

for... In reply the hosts were

never in the hunt. All was not lost.

The game raised $28,500 for the

Queensland flood appeal. In soccer

new, wonderful news out of the

Asian Cup, the Socceroos are into

the final against Japan after

thrashing Uzbekistan. In A-League

new, Adriasn Zahra made a surprise

visit to training days after

suffering a season-ending knee

injury, the 20-year-old in good

spirits, scans revealing the damage

is not as bad as first feared.

Looks like he'll be back for

preseason and next year. Good news for

for him and it could have been

worst, quitly. Melbourne Victory

skipper Kevin Muscat will learn his

penalty Thursday night. Official

inflation figures are lower than

expected easing fears of an

interest rate rise next month.

The annual rate is within the

Reserve Bank's target range. The

rising price of fresh food did not

have a big impact on the figures,

but the Treasurer warns the effect

of the floods will hit hard next

quarter. Australia's floods are

even having an impact in the most

unlikely of places, New York pizza

parlours, the price of pizzas in

little Italy rose because of a

shortage of American corn and soya

beens, bad weather here and rising

demand from China mean they can't

import supplies to make up the

difference. Pizza shot owners say

thin margins are sliced thinner.

Now, if you are waiting for a

friend or relative due home on QF2,

forget it. Qantas had another big

engine problem, all the details

when we return. (FRENETIC MUSIC)

WOMAN: For simple credit solutions, online or instore:

Tom Hooper David Siedler You are

watching Ten's 'Early News',

there's only one big news story

this morning. It is Australia Day,

and in most places around the

country there'll be parties and

barbies and fireworks and too many

things to list. The weather will be things to list. The weather will be

warm and dry in most parts. The

advice is to get out and enjoy it.

Social entrepreneur Simon McKeon is

'Australian of the Year'. The

former investment banker heads up a

number of Australian and

international charities. Former Treasurer Peter Costello and

teenage round the world sailor

Jessica Watson among the list of

winners on the Australia Day

honours list. Most of us celebrate, honours list. Most of us celebrate,

spare a thought for Queensland where where activities have been

cancelled or relocated because of

floods and Victoria, where towns

are under water. The nation's

birthday has finally arrived and

there is a huge line-up of events

around the country to help us

celebrate the day off. Sydney's celebrate the day off. Sydney's

Hyde Park and Melbourne's Alexandra

Park are expecting huge downs for a

day of entertainment. The Harbour

City has a thong challenge and the ferry

ferry race. With the mercury

expected to soar most of the

population is expected to take to

the beach. Double the amount of

lifesavers in aption for those

patrols. Our support --

anticipation for those patrols, support services, helicopters,

rescue boats will be on the water.

Flooding forced the cancellation of

the Australia Day Festival at

Brisbane's Southbank. In all other

capital city, fireworks will cap

off a wonderful day of fun. As you heard social entrepreneur Simon

McKeon has been named this year's

'Australian of the Year'. He flew

in a career as an investment banker

to dedicate his talents to local

and international charities. The

'Australian of the Year' for 2011

is Simon McKeon. Businessman turned

philanthropist Simon McKeon has

used his corporate nous to

encourage companies to engage with

the developing world and thrown his

support behind leading charities

and research projects. He's urging

other Australians to follow his

lead. Contemporary society will only

only be the sort of safety you want

if it has a -- society you want if

it has a strong not for profit

sector. It came as no surprise

Jessica Watson took out 'Young

Australian of the Year', after

circumnavigateing the globe at 16.

Anyone can achieve these sthings.

Disability advocate Ron McCallum is

the 'Senior Australian of the Year'.

He's the first totally blind

Professor to work at an Australian

university. I want to meet fellow Australians

Australians and show them that we

persons with disabilities are the

same as everyone else. And Donald

Ritchie is Australia's 'Local Hero'

for 2011 for his tireless campaign

to stop people taking their lives

at the infamous suicide spot The

gap. You can't just sit and watch

them. You have to do something

about it. Into in Victoria more

small forming communities are being

flooded as the inland sea flows to Swan

Swan Hill in the State's North West.

Residents in Murrabit continue to

build up their line of defence. I'm

short of excavators at the moment.

They are up the road 3km, held up

by the SES. They won't let them

through because the Roo's closed.

Of course it's -- road adds closed.

Of course it's closed. The

Victorian Department of Primary

Industries expects the flood to

cost the agricultural industry up

to $2 billion. Australian Defence

Force crews are on the ground in

Swan Hill to help locales fend off

the floods. Candice Wyatt has been

following the efforts. Where are

the waters at now? Well, currently

they are peaking about 40km

upstream from here at Swan Hill

near a little place called Murrabit,

and locals there have been doing

everything they can to protect

themselves from the rising waters.

Yesterday the waters won, and a

100-year-old levee on the Loddon

River gave way. That really does

highlight the fragility of the

levees, and in comparison to the

volume of water for the inland sea

as it's called passing through

Victoria at the moment. Candice

Wyatt, tell me, Swan Hill residents,

do they fancy their chances of

getting through unscathed. The

Murray River is swollen, it's not

expected to peak until Monday at a

level of about 4.8 metres. Now the

Defence Force yesterday flew in two

Sea King helicopters. There's 68

army personnel on the ground in

Victoria assisting the SES with the

crisis, and they'll be used

wherever they are needed. They have

good reason to be on edge. Candice

Wyatt on the flood front-line.

Qantas had more serious technical

problems the second in as many days,

Sydney-bound flight QF2 was forced

to turn back to Bangkok after a

problem with one of its enginess.

352 passengers spent the night in

hotels. A jet terrified passengers

when it lost air pressure during an

Adelaide to Melbourne flight. A

rail line from Adelaide to NSW

remains closed after a 9-year-old

was struck and killed. The 9-year-

old was struck at Coledale Station,

it's believed she'd been playing on the tracks. On investigation has

begood afternoon, delays are

expected on the line. Police are

searching for a woman who went

missing off a Sydney beach. The 28-

year-old and her husband were

swimming a at Maroubra at 8:15. The

woman was dragged out to sea by a

current after being knocked over by

a wave. The husband regained his

footing, he followed his wife 200m

or so and lost sight of her.

Emergency Services using

helicopters searched into the night.

That search resumed this morning.

Geoffrey Rush will again lead the

Australian charge for an Oscar with

a nomination for 'Best Supporting

Actor', 'The King's Speech'

dominated Hollywood headlines with

12 nominations for this year's

Academy Awards. Hollywood heavy-

hitters waited in anticipation this

morning to find out who would go

forth for Tinseltown's biggest

night of the year. Not too many

surprises as the role for

Australia's top film of 2010

continued. Colin Firth in 'The

King's Speech'. Tom Hooper for 'The King's Speech'. David Siedler for

'The King's Speech'. Helena Bonham-

Carter in 'The King's Speech'. And

Geoffrey Rush in 'The King's

Speech'. Overall the film picked up 12

12 nominations, SIM from major

categorys, including 'Best Motion

Picture'. This is an ideal time for

me to hear it. I came off stage

from doing a play in Sydney. We had

a quiet audience, by the end they

are on their feet applauding. It

felt like that. Geoffrey Rush led

the Australian charge nominated for

his character as speech therapist

who helped King George VI overcome

a fear of public speaking. I was

intrigued by the character of

Lionel Logue being an Australian in

this forgotten international

scenario. Nicole Kidman picked up a

nomination for her part in 'Rabbit

Hole'. Jacki Weaver was recognised

with a nomination for her roll in

'Animal King dom'. No better way

than to kick off Australia Day with

this new, the Socceroos scoring a

stunning 6-0 win over Uzbekistan,

earning a spot in the Asian Cup

final. Harry Kewell continued his

form needing 5 minutes to put the

Aussies ahead. Six players got on

the scoresheet. A flurry of goals

late in the second half rounding

out what was an exciting semi.

Everton. Uzbekistan have been

dismantled. Australia will meet 3-

time champion in the final who

earlier beat South Korea, after

scores were locked 2-2 following

extra time. 2008 Novac Djokovich is

-- -- 2008 Australian Open champion

Novac Djokovich is through to the

semifinals overcoming Tomas Berdych,

after overcoming an eye problem.

Tomas Berdych has never beaten

Novac Djokovich on a hart court.

The world number 3 was proving too

good, flying through the first set

6-1. Backed up the opening set. It

happened in 36 minutes and the

second set was unfolding in similar

fashion. Wow. Until Novac Djokovich

lost sight, plagued by a problem

with his contact lenses. Tomas

Berdych saw a chance and seized it,

going up a break. That has turned

the match. Novak administered his

own medicine, getting the dose

right, breaking straight back. He

gets it. Against the flow. Now he's

pump. From 4-1 down the joker

forced a tie breaker, won that and

the second set. I'm not sure if

there'll be a bigger point played

in the match. There wasn't. Tomas

Berdych out on his feet. Novac

Djokovich dominating the crucial

point and the third 6-1. A good way

to finish in style. He'll face

Roger Federer in the semifinals. We

know that he's the best player ever,

so it will be tough. Trans-Tasman

rivalry were on show when Saint

Kilda AFL players showed off their bowling skills against the New

Zealand cricket team. After a net

session both camps weren't

overcomplimentary about the other

side. It is New Zealand, we'll

accept T We don't have net bowlers,

it was nice of them to turn up. The Saints

Saints are on a week-lopping

training camp in New Zealand. Business Business news, and official

inflation figures came in lower

than expected, easing fears of an

interest rate rise, prices rising

0.4 of a percent. Well within the

RBA target range. Economists

expected 0.7 of a". The rising --

of a per cent. The rising price of

food did not have a big impact, but

the effect of the floods will hit

harder next quarter. Checking the numbers:

The weather on this Australia Day

2011, Brisbane a sunny one: Still

ahead: the Pommies finally see the

light at the bottom of the glass.

They made the schooner ficial beer

measure, all the details when we return. FIRST UP, A-C-T POLICE ARE CALLING ON WITNESSES TO COME FORWARD, AFTER AN ALTERCATION, BETWEEN TWO DRIVERS, IN THE KAMBAH SHOPPING CENTRE CAR PARK. IT'S BELIEVED A WOMAN DRIVING A SILVER SUBARU, ALMOST CRASHED INTO A BLUE MAZDA, DRIVEN BY A MAN. AFTER THE INCIDENT, IT'S ALLEGED AN ALTERCATION OCCURRED BETWEEN THE MAN AND THE WOMAN, WITH HER SON IN THE PASSENGER SEAT. MEANWHILE, ANYONE WHO MAY HAVE SPOTTED SOMEONE ACTING SUSPICIOUSLY NEAR A REID CONSTRUCTION SITE LAST WEEKEND, IS URGED TO CONTACT POLICE. A-C-T POLICING IS INVESTIGATING THE THEFT OF 33 THOUSAND DOLLARS WORTH OF COPPER FROM A CONSTRUCTION SITE IN REID. IT'S BELIEVED THE THEFT WOULD HAVE REQUIRED SOME PLANNING, AND WOULD HAVE TAKEN MORE THAN ONE PERSON SEVERAL HOURS TO COMPLETE. CANBERRA'S AUSTRALIA DAY CELEBRATIONS today, WILL INCLUDE THE TRADITIONAL CITIZENSHIP CEREMONY. 50 PEOPLE, FROM 21 COUNTRIES WILL BE FORMALLY WELCOMED INTO THE COMMUNITY. THE A-C-T WILL BE TREATED TO A VARIETY OF NEW CITIZENS, INCLUDING A G-P SPECIALISING IN SKIN CANCER TREATMENT, AND A GENETIC SCIENTIST. AND A WOMAN WHO HAS LIVED IN AUSTRALIA FOR 57 YEARS WILL ALSO FORMALLY CALL THE A-C-T HOME.

TEN PEOPLE, INCLUDING A CANBERRA RESIDENT, ARE EXPECTED TO RECEIVE A FINE, AFTER THEY WERE ALLEGEDLY CAUGHT ILLEGALY DUMPING RUBBISH, IN NAROOMA AND BATEMANS BAY. IT COMES AFTER THE REGIONAL ILLEGAL DUMPING SQUAD, AND EUROBODALLA SHIRE COUNCIL INCREASED THEIR SURVEILLANCE ON ILLEGAL DUMPERS. LAST WEEKS ' OPERATION RETURN' SAW 13 CUBIC METRES OF WASTE DUMPED ON PRIVATE, COUNCIL AND CROWN LAND . 30 PER CENT OF DRINK DRIVERS, NABBED BY A-C-T POLICING ARE REPEAT OFFENDERS. SIX OUT OF 16 DRINK DRIVERS CAUGHT FROM THE TENTH TO 16TH OF JANUARY, HAVE ALREADY BEEN CAUGHT FOR DRINK DRIVING. THE HIGHEST RECORDING, FOR A REGULAR LICENSE HOLDER, WAS POINT - TWO - ZERO - SEVEN... BY A 28 YEAR OLD, WITH FOUR PREVIOUS CONVICTIONS ANOTHER MAN WAS CAUGHT AT POINT - TWO - ZERO - FOUR... HE HAD FIVE PREVIOUS CONVICTIONS. TAKING A QUICK LOOK AT SPORT, AND INTERNATIONAL GOLF STARS WILL CONTINUE TO PRACTICE TODAY, AHEAD OF NEXT MONTHS ACTEW A-G-L ROYAL CANBERRA LADIES CLASSIC. NOW HAVING A LOOK AT TODAY'S WEATHER DETAILS... STARTING WITH THE SATELLITE - A LOW PRESSURE TROUGH STRETCHING OVER CENTRAL PARTS OF THE STATE WILL REMAIN IN THE REGION UNTIL TOMORROW. LOOKING ACROSS THE NATION - THE CHANCE OF A LATE STORMS FOR CANBERRA AND SYDNEY - FINE FOR BRISBANE - AND PARTLY CLOUDY FOR ADELAIDE CHECKING WHAT'S HAPPENING ACROSS SOUTHERN NEW SOUTH WALES - SUNNY WITH A TOP OF 43 FOR DUBBO - THE CHANCE OF A STORM FOR THE GONG 31 39 DEGREES THE EXPECTED TOP FOR BATHURST - WINDY WITH PERISHER THE CHANCE OF A STORM FOR MUDGEE WITH 40 DEGREES - MOSTLY SUNNY AND 44 THE TOP FOR PARKES LOOKING AHEAD - TOMORROW - SUNNY - 17 36

This program is captioned live.

The headlines every 15 minutes on

this Australia Day edition of Ten's

'Early News', it looks like it will

be a wonderful day in most places be a wonderful day in most places

for everyone to celebrate Australia for everyone to celebrate Australia

Day. In Sydney it will be standing

room only around the harbour from room only around the harbour from

where we are joined by Jess

Pelliccione at Kirribilli. You have

a nice spot already. I sure do. And

the fun just doesn't stop in Sydney

today. At the moment there's a

thick fog over the city, that's

expected to clear for a cracker of

the day. Now, the festivities have

kicked off out at Parramatta, where kicked off out at Parramatta, where

a flotilla of hot-air balloons is

being launched into the sky.

That'll be followed by a barbecue

in Hyde Park in the city. The Great

Aussie Barbecue, it will be turned

into Sydney's biggest backyard

where thousands will be fed a

sausage in the bun. The attention

will turn to the harbour, it will

be hot, a lot will come down for

the ferry-thon. It's a popular

event. Thousands will line the event. Thousands will line the

shores as they watch the ferries

across underneed the Harbour Bridge,

the finish line of the race. Now,

the night will be capped off with a

fireworks display at Darling

Harbour, and there'll be performances from Australian performances from Australian

artists there. It will be wonderful.

Ten's Jess Pelliccione. That's

Sydney covered. Let's go to

Melbourne and everyone Heads to

Southbank to celebrate there, well

head to the newsroom with Yasmin

Paton, there's a rumour you

Victoriaions like a party.

Absolutely. There'll be plenty happening for Australia Day,

starting with a picnic brekkie at

Alexandra Parkers later there'll be

a woodchop showcasing some of the

finest axe men. Many will drive

along the Great ocean lone for the

Haviana thong challenge. Those

wanting a traditional celebration

can head to the city for the

people's march and flag raising,

there'll be a treasure hunt for the

kids at Fitzroy Gardens. At

Federation Square a lot of people

will head there to kick off their

heels and watch the fireworks from

9.15. During the day many will head

to a mate's place for a barbecue.

It will be the perfect day to do

that. Yasmin Paton in Melbourne.

Heading north and some Australia

Day celebrations in Brisbane have

been cancelled because of the

floods. Joining us from Brisbane is

Nicolas Boot, what are you guys

doing for Australia Day. It will

take more than mud to damper and

water to dampen the spirits of

Queenslanders on Australia Day. The

fireworks display has been

cancelled in areas of Southbank

where festivities take place, the

show will go on. The flag-raising

ceremony has been moved to Kangaroo

Point, we can expect to see the

Ausflag flying high everywhere as

we have seen through the flood

disaster. Thousands of volunteers

coming out to help. Today will not

be any different. There are 130

regional citizenship ceremonies

planned throughout Queensland,

region at Queensland and many will

raise money for the flood appeal.

Tonight there's an Australia Day

concert at the Convention Centre

with Guy Sebastian performing, and

barbecues will fire up. People not

affected by the floods will open

their doors to victims of the

crisis, and loved ones that lost

their homes and everything. The

Australian spirit will be alive and

well here. Indeed, thank you,

Queenslanders deserve a celebration.

Meanwhile social entrepreneur Simon

McKeon is this year's 'Australian

of the Year'. Solo sailor Jessica

Watson is the 'Young Australian of

the Year', and former Treasurer

Peter Costello has been named a

'Companion of Australia'. Peter

Costello was never Prime Minister,

but our longest serving Treasurer

is appointed the country's highest

honour, a 'Companion of Australia'.

He says it's not a consolation

prize. I was there to try to make

Australia a better place. Whether I

did or not some may argue, but

that's what motivated me and I just

feel privileged to have had the

chance to do it. Another recipient

who says he needs no prays is 83-

year-old Norman Gibbs, who spent

decades brightening the lives of decades brightening the lives of

sick children and has been awarded

a 'Medal of the Order of Australia'.

It's great to see a sick child

smile. That's all the reward I need.

Designer Liz Davenport has been

keeping Australians well dressed

and is humbled. We have many heroes and is humbled. We have many heroes

and many people of achievement. Men

and women. We have such enormity in

disasters right across our country.

One of them is Victorian

firefighter Alexander De Man, who

won't forget what his medal is for

in a hurry. I think of Black

Saturday constantly. The memories, Saturday constantly. The memories,

the efforts of the people I worked

with on that day, the effort they

put in never leaves my mind.

Millions of Australians will flock

to the coast. They have surfer Tom

Kirsip to thank for protecting our

beaches. I like them, I like to

look at them, surfing in them, see

kids play in them. Think of the fun

my wife and I had with the

grandkids playing at the water's

edge, it's lovely to do that. Eye

doctor Mark Loane has been

recognised for helping those in

Indigenous communities, Malcolm

Turnbull's wife Lucy for her

charity work. Queensland governor

Penelope Wensley has been appointed

a 'Companion of Australia'. Here is

one for you, it's the perfect

Australia Day story, the British

Government has admitted what we

have known all along. Australians

know best when it comes to beer.

They've changed the law to allow They've changed the law to allow

schooners to be served in pubs and

clubs. The locals are not happy.

It's a British tradition. Can I

have a pint. About to be replaced

by the Aussie alternative. You poms

reckon you know a thing or two

about gear More than you guys. What

if I said the schooner was about to

replace the pint in Britain. It's a

lie. I'm offended you tell me this.

This news was hard to swallow,

especially on Australia Day. I'm

flabbergasted. I can't believe it.

It's not actually happening is T I

don't know if you have seen the

queues in this country, it takes

half an hour to get one, 20 minutes

to drink one, you can get your

schooners and jog to Australia with

them. After 313 proud years as the

British standard drink, within

three months the towering pint will

be downsized by a third to the slim

line schooner. The Government

quietly approved the laws to sober

up society, drinkers are not happy

about pints being called. A

schooner sounds like a boat. We

nagged in the last couple of

hundred years. You can get your

head around it You live in

Australia, you need it smaller, it

will get colder quick. We live in a

colder climate. A pint of beer is

listed as a national icon. Once you

are used to the size of the pint.

You enjoy it more than the schooner. The

The policitians have finally

conceded that when it comes to beer,

Australians know best much Mate,

making it, drinking it, can't get

better than the Aussies. It's got

nothing to do with being gingoistic,

we love Australian stuff. Australian actor Geoffrey Rush has

been nominated for one of the

Hollywood's top accolades, he's in

the running bore 'Best Supporting

Actor' at this year's Oscars for

his role as Lionel Logue in 'The

King's Speech'. Sometimes you have

to bear the brunt, the slings and

Arrows of sometimes many-spirited

press where people give you

negative feedback. It's nice to

occasionally have a little bit of

surprising balance where people

give you a big kind of pat on the

back. Overall the 'The King's

Speech' has been nominated for 12ai

wards. -- 12 awards. Novac

Djokovich has overcome an eye

problem and Tomas Berdych to

advance into the tennis open

semifinals. The world number 3 in

great form taking the first 6-1,

before having an issue with his

contact lenses. He fixed it with

eyedrops and recovered to win in

straight sets. The Joker will face

Roger Federer next. Good way to

finish in style. We all know that

he's the best player ever, so it

will be very tough. The Serb won

the Australian Open back in 2008.

Turning to cricket. Chris Gayle led

the warriors to a 22-run victory

against the Bulls, in his final

game. He's knock included the third

Big Bash half century and four

sixes in one over. This has been

dispatched. Anything that travels

that far should have a flight

attendant. In reply the hosts were

never in the hunt. All was not lost.

The game raised $28,500 for the

Queensland flood appeal. Soccer -

the Socceroos are into the final

against Japan after thrashing

Uzbekistan 6-0 in the semifinal.

Injured Melbourne Heart rookie

Adriasn Zahra made a surprise visit

to training days after suffering a

season-ending knee injury, he's in

good spirits after scans revealed

the damage is not as bad as first

feared. It looks like he'll be back

for preseason and next year. Good

news for him, and it could have

been worse, definitely. Melbourne

Victory skipper Kevin Muscat will

learn his penalty on Thursday night.

If we are celebrating it should be a bonza one:

That is it for Ten's 'Early News',

I'm Frank Coletta, have a great Australia Day, bye for now.