Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
Disclaimer: The Parliamentary Library does not warrant the accuracy of closed captions. These are derived automatically from the broadcaster's signal.
Ten Early News -

View in ParlView

(generated from captions) This program is captioned live.

The Sri Lankan president lands in

Perth for CHOGM, just as new

allegations take off that his

soldiers are guilty of human rights abuses.

It is 6am on October 27th. Good

morning, I'm Kathryn Robinson. I'm Frank

Frank Coletta. Also this morning -

Occupy demonstrations turn nasty.

Police and protesters clash

repeatedly on the American city of

Oakland. In sport, anything

Jonathan Thurston can't do? The

Kangaroos halfback shows he is

having little trouble mastering the

English conditions. Is there

trouble looming for miners? The

price of iron ore is down 30%. If

straits. it stays down, we could be in dire

First this morning, the Prime

Minister has used a meeting with

Sri Lanka's President to discuss

that country's human rights record.

New allegations have been made

about executions and abuse by Sri

war. Lankan soldiers during the Tamil

The Sri Lankan president might have

touched down in Perth at CHOGM but

he cannot escape accusations of war

crimes. He knows very well more

than 40,000 people were massacred. And

And nobody stood up and asked the questions.

"Did you do it?" Robert mek legal

land, the Attorney-General, has

rejected an indictment, saying Mr

Raja prblgts aksa has international immunity.

Dated sequal photographs of

shooting through the head, bodies,

hands tied, and army officers

around. There's a top-level push

for the Commonwealth to establish

its own human rights commission.

I believe we stro be very realistic

about the timetable. Sri Lanka has

met selank can's President. It is

understood he told him he has to

press the human rights questions

hanging over his country. But an

Australian boycott of the next

CHOGM in Sri Lanka in two years has

been unlikely. I have been clear

about Australia's position in

relation to allegations of human

rights abuses in Sri Lanka. We

question. believe that this is a serious

And the royal tour has moved west.

Her Majesty is in Perth, where she

Summit tomorrow. will open the Commonwealth Leaders

Our correspondent is at Government House.

Well, it is very early in the

morning here, so hopefully the

Queen is sleeping soundly in

Government House, behind me. It is

where she will call home for the

next four days. Her Majesty touched

down at Perth International Airport

yesterday afternoon, wearing pink,

greeted by hundreds of jubilant

West Australians. They moved into a

black Range Rover. As they moved

through the gates of Government

House, Her Majesty offered a brief

wave to the crowd. She has a hectic

itinerary. In a matter of hours,

she will be at Clontarf Aboriginal

football and basketball College where she will watch

demonstrations by students.

Kangaroo is on the menu, a portion

will be offered to the Queen.

Hopefully she will not fill up too

much. Next on the agenda is an

exclusive garden party here back at

Government House. I say "exclusive"

but in fact almost 2,000 people

have been invited. That will

include prominent Perth

businesswomen and men, members of

the media and a special group of

school students. The entire purpose

of Her Majesty's visit is for the

meeting Commonwealth Heads of Government

meeting tomorrow morning. It will

be the third time she has opened the meeting in Australia.

Well, Adelaide has introduced a new

touch-and-go smartcard for the

city's buses and trains. 11 buss

will trial the 42 million dollar

public transport ticketing system.

The Government says the entire

network will be online by mid-next

year.

We have a very smart new ticketing

system that we will be rolling out

from 2012. Is

Is Victoria's version of the metro

card was a disaster, as described

by some, but Ms. Fox says

Adelaide's system used tried-and-

tested technology from Europe.

Police in riot gear have clashed

with Occupy protesters in downtown

oak land, California. Police moved

in pre-dawn to disperse a group of

several hundred protesters who had

been camped outside City Hall for

the past two weeks. Drairts threw

bottles and rocks. Police reacted

with teargas four times in three

hours. Each time the protest was

broken up, the demonstrators used a

social media and Twitter to reGroup

in other areas. 100 people were eventually arrested.

Rescue workers in Turkey have all

but given up hope of finding more

survivors in the rubble of

buildings brought down by the

earthquake this week. Overnight, two teachers and a university

student were rescued in the east of

the country, three days after the

quake. But since then, searchers

have only been finding bodies. The

official death toll from the 7.2

magnitude quake stands at 461, with another 1,350 people injured.

High-profile owner Lloyd Williams

has a nervous wait after his

promising stayer, Tanby, won the

final stages. final Bendigo Cup. He burst clear in the

world of good. It has done his World Cup bid a

good. -- Melbourne Cup bid a world of

All

All I could say to Greg Carpenter

is that clearly that is the most

kes impressive Bendigo Cup winner.

He will be assessed by Racing vp Victoria Officials today.

There was a rare false start

holding up proceedings in race 7.

To NRL now, and Shane Flanagan

admits the sharks have taken a risk signing

signing Todd Carney. They have a

plan to deal with the troubled play

maker, who is on his final chance

with the NRL.

He met with the NRL boss for close

to an hour. The meeting went really

well. There will be an announcement

late this afternoon. The clear

message - stuff up again and you

are gone. If he does the wrong thing, are gone. If he does the wrong

going thing, everyone knows that it is

going to create big problems for

him. Carney is on his last chance

with the NRL after joining his

third club since 2004. He was

sacked by the Raiders and Roosters

for alcohol-related incidents. The

Chiracs taking the big punt by

offering Carney a lifeline. You

know, I would be silly to say it

wasn't a risk. We have a plan in

place. Despite Carney's expensive

wrap sheet, the Sharks are willing

to wipe the slate clean. We will

assess what he does here. He starts

fresh today with us. Flanagan says

the rumoured $700,000 deal is

incorrect. But his contract is

about more than just money. They're

making a big investment in him. The

game is making a big investment in

him. He needs to take

responsibility for that. He will

month. start training with the Sharks next

And Australia shouldn't have any

trouble converting their trys in

Friday's rugby league Four Nations

opener against New Zealand. If this

anything to go by. Jonathan Thurston effort is

Oh,

Oh, oh!

JT bent it in from inside the line

- the try line, that is. The No. 7

had obviously no issues with the frosty English weather.

You could do that, couldn't you? Ah,

yeah! It used to be the case when

the US means we got the cold but

now it is China. Absolutely. It

might be a case of here is a box of might be a case of here is a box of

tissues to them. There will be no

doubt a lot of worried faces in

mining circles. The price of iron ore

ore has been dropping like the

proverbial rock. The price is

reportedly down nearly 30% in just

the past eight weeks. Mostly

because of decreased demand from

our major trading partner. Chinese

factories have been reacting to the

slowdown in world trade by using up their

their stockpiles rather than buying more.

more. It is a worry, because if the

price stays down it could cost our

economy up to $10 billion over the

next year. Mortgageholders can bet

on a Melbourne Cup day cut in interest

interest rates after lower than interest rates after lower than

expected inflation figures. It

could also provide an early

Christmas gift for retailers,

facing their toughest sales season

in recent memory. It is the season

that seems to creep up on us. Every

year threatening to clean us out.

Regardless of what happens

throughout the year, mums and dads

want to make sure the kids have a

great experience at Christmas. They

save up to celebrate. Retailers

counting on December sales to drive

revenue may be disappointed by revenue may be disappointed by

consumer spending plans. I think a

little bit less this year. Why is

that? Due to the economic situation.

After disastrous spring trading, After disastrous spring trading,

the summer months will once again

be marked by heavy discounting as

battle-hardened retailers attempt to

to woo cautious customers through

their doors. They Hope quarterly

inflation from the first interest

rate cuts in two and a half years.

Wefrpblts are playing our part.

These are decisions taken by the These are decisions taken by the independent Reserve Bank.

It is good to have that relief when

rates do drop. I think it

encourages people to spend. And

could provide retailers with some

festive cheer. Well, look, if we see

see the interest rate cut, we will

see some trading return a little

bit. I don't think it will be

fantastic or buoyant. Perhaps,

though, moving in the right direction.

Well, certainly all eyes have been

on the European summit taking place

this morning as leaders try to find

a way of resolving the debt crisis. Wall

Wall Street has been cautious. The

Dow Jones is ahead by 124. The tech

sector dragged down by Amazon, and

the Nasdaq just up. Early

Early indications out of Brussels seemed

seemed positive, but sticking

points arose. The Polish leader has

called a heated get-together. The

Nikkei ended a volatile session

slightly lower, pressureed by a

strong yen.

Oil? It is lower this morning, Oil? It is lower this morning, trade.

Checking the currencies -

The dollar took a big hit yesterday

after the inflation numbers due to

increased speculation of the rate cut.

Australian shares rose almost half

a percent, recoo couping early losses. The weather...

The headlines.

The age' reports a 27-year-old

asylum seeker who took his life at

Villawood was due to have his case

reviewed but had not been told.

The 'Adelaide Advertiser' - the

odds are not only good for an

interest rate cut on Melbourne Cup

day, but put the Odds on the second

cut in December.

Mr Packer is expected to launch an

attack on the Government's pokie reform plans.

And the Daily Telegraph claims to

have found a man who reportedly

died in the UK is alive and well in

Sydney and doing fine, thank you,

on his $2 million life insurance payout!

Still ahead - the flood crisis in

Thailand could get worse today. The

centre of Bangkok looks

increasingly like it will go under

water. Who says internet shops get

it their own way? Amazon has

announced terrible quarterly profit results. VOICEOVER: Introducing the new summer Touch of Luxury fragrance from Air Wick. Exotic wild hibiscus and bamboo. Inspired by the freshness of nature. Brighten up your world with the new summer fragrance

from the Air Wick Touch of Luxury collection. Something in the Air Wick. Hey, Dad. What if I'm at school?

Dad, what do we have to do if a fire comes? Mum, what if there's no power? What if the fire's at night? What will we do if there's no water?

Headlines every 15 minutes. Well,

air passengers coming in and out of

Australia today are facing huge

delays. Thousands of custom

officers around the country have

walked off the job. Ten's

correspondent is at Sydney Airport.

Good morning. This is shaping up to

be a very disruptive stop-work?

Absolutely. It is expected to be

the most significant industrial

action for the aviation industry in

Australia, from about midnight last

night customs workers from Sydney,

Melbourne and Perth International

airports stopped work for 24 hours.

Other airports like Brisbane, Gold

Coast are expected. They will stop

for four hours at the end of the

shift today. It is over a wage

dispute. Union officials say custom

officials work is often dangers and

they deserve more than the 3% wage

increase currently on offer. They

don't just work at airports. There

are other areas affected by this

strike? Yeah, absolutely. Ports are

expected to be affected. Delays in

particular expected at Sydney

overseas passenger terminals. And

also the Australian customs marr

reap unit will strike for two hours today.

today. That is an Australian first.

Now, they are the body in charge of

border protection, ensuring illegal

boats don't enter our waters. Inspection parcels of international

mail centres - their capacity will

greatly be reduced. There are some

contingency plans in place. But

passengers travelling today are

urgeed to arrive early and to check the Customs website.

Tony Abbott is set to scrap poker machine reforms.

The Opposition Leader says his

party will overturn reforms if he gets into Government. The

Independents pushing for the

changes say Mr Abbott is out of touch.

He risks a significant division

within his own rank, not to mention

he is now out of step with majority public public opinion.

Look, I'm hoping that Tony Abbott

will listen to reason.

Mr Wilkie says he will withdraw his

support from the Government if the

proposed precommitment caps on

pokies do not pass through

parliament by mid-next year.

A Perth man has been awarded $2

million in damages after being exposed

exposed to asbestos as a child. The

42-year-old father was diagnosed

with meez meez meez two and a half

years ago - mesothelioma mez two

and a half years ago.

There must be a lot of people that

used to work for James Hardie that

are walking around with a guilty

conscience. I think what they did

was unforgivable. James Hardie's

lawyers had argued it was

acceptable to dump the waste near the

the orphanage.

Well, the Queen has flown west for

the final step of her Australian visit.

visit. Her Majesty left the east

coast after capturing the hearts of

thousands of fans who turned out in

Melbourne to greet her.

Nearly half a century after the

Queen opened Melbourne's original

Royal Children's Hospital she was

back to inspect the new improved

version. Former conjoined twins

Trishna and Krishna, who were

separated at the hospital, formed

part of the welcoming committee. We

have always tried to make the

hospital a happy place. This

enhances it. I will never forget it!

In Federation Square, the crowd

kept growing. Harry! And William!

Waiting until the moment arrived.

Working her way down the line of

well-wishers, then all aboard for a

trip - Melbourne style - through

the city centre. The tram, decked

out especially for the occasion.

After a reception at Government

House, the whirlwind tour of

Melbourne came to an end. The

royals heading west, where Her Majesty

Majesty will open the Commonwealth

Heads of Government meeting.

Thai authorities say a series of

high tides today and tomorrow may

allow floodwater to top Bangkok's

flood defences and swamp the city's

centre. Workers have been removing

barriers in the west of the city to

increase the water flow and prevent

it building up, so much it breaks

through the barriers. Many

residents have chosen to leave

anyway. Others have been

barricading their home, expecting

the worst. Bangkok's domestic

airport remains closed. The

international airport is still,

though, open.

At least eight people have died in

flash flods caused by severe storms across

across much of Italy. Roads and

rail lines were blocked in some

areas. The regions of la Guria and

the us theny was hardest hit. -- Tuscany.

Trainer Leon McDonald has flown under

under the radar in the lead-up to

the Spring Carnival. With a

Caulfield Cup in his keeping, the

South Australian is eying plenty

more silverware in the coming days.

While the focus has been on the

internationals ready to raid

Melbourne's Spring riches, the

biggest threat could come from

across the border. Leon McDonald

trains a stable of 35 out of

Adelaide's stables, he brought the

four best horses across for the

carnival and already has a Caulfield Cup.

COMMENTATOR: Southern Speed! I

always thought it could win a nice

race. She has a chance at another.

McDonald would not risk the seven-

day break, before going the

prestige of the Cox Plate in favour

of Saturday's group 1 McKinnon's

Stakes. It is worth a million

dollars. Saturday could prove a

mighty day for McDonald, as well as

Southern Speed in the Mackinnon

Stakes. Majestic Music will run in

the Myer Classic. Perfect Punch

looms as a smokey for the Victoria

Derby.

Just hopefully he will relax more

in the derby and get a softer run.

There are plenty higher profile

trainers, but McDonald might upstage them all.

Aussie swimmer James Magnusson is

hell-bent on breaking the 100 m

freestyle world mark. The world

champ is still getting use to his

new found model status role. He

warns rivals his best is yet to

come I'm point five off at the moment.

I think we're looking pretty good.

Magnusson will compete at a Sydney club club carnival this weekend.

Well, there's been controversy in

the V8 Supercars with the hottest

young driver on the open market, Lee

Lee holswort, defecting from Holden to Ford.

He has been lured on a three-year

deal, estimated to be worth $1 million.

It feels like I've gone a chance to

win a Championship. These guys now

how to do it. They have won three

in a row. They look like they are

on the comeback. It is a really

good time to join the team. He will

join Shane van Gisbergen at the team next year.

US stocks have been higher this

morning as investors remain hopeful

the Europeans will get their act

together and solve the debt crisis.

With the details is John Milroy

from Macquarie Private Wealth. Good news

news in the US about home sales

also boosted the market? Yeah, good

morning, Frank. A little bit of

good news around. Home sales up.

Durable goods orders has beat

forecasts. The ongoing third-

quarter reporting season has seen

Boeing beat forecasts there as well.

As you say, all eyes on the

European summit ongoing,. It has

been some agreement, it seems,

reached in the agreement to

recapitalise the European banks.

The question mark is on the extent

to extent of any losses on the

sovereign debt issues. China have

indicated they may participate in

the European bailout, combined, it

helps US markets track higher.

Locally? Not much in the way of

economic news here, but we have AGM

season going. We get to hear from

Toll Holdings and Insurance

Australia Group as well. Futures

are up 24. It sounds like a rosy

start to the day.

It appears internet shopping is not

always a success story. Am zob has

just reported a whopping -- Amazon

has just reported a whopping plunge

in profits. The drop has been put

down to the high cost of rolling

out of Amazon's new Kindle ebooks. The

The group is busy building 17 new

warehouse distribution centres.

Shares fell 1 7.5% in afterhours trading.

Now a look at today's weather...

Still ahead - singer Amy Winehouse Still ahead - singer Amy Winehouse

died from too much alcohol, not

drug, according to the championer.

That story is next. Which came

first? The electric car or the

electric car charging station? That

debate is going on in Queensland.

We will have the details when the

early news returns.

If you manage a super fund and believe in building Australia, if you believe in Australian companies... ..and Australian jobs, and if you believe in a clean-energy future, then big things will grow... SONG: # From little things, big things grow... # ..just as they have for many super funds that have invested in the Industry Funds Management Australian Infrastructure Fund.

Is your super fund investing through Industry Funds Management? Do they believe?

You are watching teb's Early News.

The Sri Lankan President lands in

Perth for CHOGM, just as new

allegations take off that his

soldiers are guilty of human rights

abuses. Occupy demonstrations turn

nasty. Police and protesters clash

repeatedly on the streets in the US

city of Oakland. In

In sport - anything that Jonathan

Thurston can't do? The Kangaroos

halfback shows he's having little

trouble mastering the English trouble mastering the English conditions.

And then in finance - is there trouble

trouble looming for the minors? The price

price of iron ore is down, 30% in

eight weeks. If it stays down we

could be in a bit of bother. The

Prime Minister has used a meeting Prime Minister has used a meeting

with Sri Lanka's President to

discuss that country's human rights

record. New allegations have been

made about executions and abuse by

Sri Lankan soldiers during the Tamil Tamil war.

The Sri Lankan President might have touched

touched down in Perth for CHOGM,

but he cannot escape accusations of war

war crimes. He knows very well

there's more than 40,000 people who

were massacred and nobody to stand

up and ask the question, "Did you do

do it?" Attorney-General, Robert

Mclegal land, has rejected a war

crimes indictment brought in

Australia. He said that Mr

Rajapaksa has an international

immunity. Dated sequal photographs

of shooting through the head,

bodies, hands tied,s and army

officers around. There's a top-

level push for the Commonwealth to

establish its own human rights

commission. I believe we have to be

very realistic about the timetable.

Julia Gillard has met Sri Lanka's

President. It is understood she

told him he has to address the

human rights questions hanging over

his country. But an Australian

boycott of the next CHOGM in Sri

Lanka in two years' time at the moment seems unlikely.

I have been clear about Australia's

position in relation to allegations

of human rights abuses in Sri Lanka.

We believe that this is a serious We believe that this is a serious question.

And for more details, we are joined

by Ten's political reporter Leah

Craven in Canberra. What about the

timing of all of this? Will Sri

Lanka's human rights problems be a

focus now at CHOGM? Well, not Sri

Lanka specifically. But there is a push

push to get human rights on the

agenda at CHOGM meetings in the future.

future. Julia Gillard, as we heard,

started this off by raising it with

Sri Lanka's President Mahinda

Rajapaksa, who is under question

over his role in the final assault

with the Tamil Tiger rebels. The with the Tamil Tiger rebels. The

reason these issues are significant

at the moment is because a group of

eminent persons recommended that

the Commonwealth should take a more

active role in combating human

rights abuses and be able to intervene and do something before intervene and do something before

military coups or human rights

abuses take place. T at the moment

it is a toothless tiger - all it

can do to suspend countries once

they have transgressed. If it wants

to appoint a human rights watchdog,

it needs to have consensus amongst

all countries, and Sri Lanka would

oppose this. Poker machine reforms -

- Tony Abbott's position on this is

causing a stir, particularly with

Independents? Well, he has not been

winning any friends amongst the anti-pokies xairns, Nick Xenophon

and Andrew Wilkie. They said that

Tony Abbott went way too far when

he said that he would resibd the

legislation if he would come -

rescind the legislation if he were

to come into power. He risks a

significant division within his own

ranks, not to mention is he is now

out of step with majority public

opinion. Look, I'm hoping that Tony

Abbott will listen to reason. They

say that Mr Abbott in his campaign

is ignoring research which says

that the vast majority of pokie

problem gamblers are losing their

money on the poker machines, up to

$5 billion a year in Australia.

Well, the royal tour has moved west.

Her Majesty is now in Perth, where

she will open the Commonwealth Leaders Summit tomorrow.

Well, it is very early in the

morning here, so hopefully the

Queen is sleeping soundly in

Government House, just behind me.

It is where she will call home for

the next four days. Her Majesty

touched down at Perth International

Airport yesterday afternoon, wearing

wearing pink, andwise greated by

hurbds of jubilant West Australians.

She and the Duke of Edinburgh moved

swiftly into a black Range Rover to

make their way into the cityless as

they moved through the gates of

Government House, Her Majesty

offered a brief wave to the crowd.

She has a very hectic itinerary.

She will be at Clontarf Aboriginal

College, where she will watch

football and basketball

demonstrations by students as well

as attend a cooking class. Kangaroo

will be on the menu and a portion

will be offered to the Queen. Next

on the agenda is an exclusive

garden party here, back at Government

Government House. Now, I say

"cluefs" but in fact almost 2,000

people have been invited, including

prominent Perth businesswomen and

men, members of the media and a

special group of stool students.

The entire purpose is - school students. It

It will be this The third time that

the Queen has opened the CHOGM

meeting in Australia. The Queensland

Queensland Government has begun the

push to get drivers into electric

cars. It has announced it will

spend $200,000 building recharge

stations next year, despite there

being fewer than 100 electric cars

registered in all of Australia. It

is a chicken-and-egg situation - we are

are expecting a few new brands of

vehicles on the market in the next coming years.

Taxpayers who work for a community

group or charity are also being

offered the opportunity to test- drive

drive an electric car for up to three months.

Well, police in riot gear have

clashed with hundreds of Occupy

protesters in downtown Oakland in

California. The protest started peacefully but escalated.

It started with a line of police in riot

riot gear at 14th and Broadway, declaring

declaring a plaza an unlawful Assembly.

The demonstrators said that it will

be a free speech space until 10pm.

So both sides faced off.

And within minutes, the sound of

explosives, teargas canisters

rocketed into the crowd of at least

800. They shot teargas into the

crowd, flash bangs. Women, children,

grandmothers, grandfathers - they

are standing in the same spot. It was,

was, like, ridiculous. No need to do

do anything. One teargas cancanster

appeared to slam into the skull of

one demonstrator. His friend

carried him away. But reigniting

Occupy Oakland started peacefully

outside Oakland's library. Soon,

the mass of demonstrators were on

the move, snarling traffic, but the

entire event was permitted by

Oakland Police. But at 8th and

Washington the peace was broken.

The police fired rubber bullets at

demonstrators, who pushed back,

demanding the release of two men

detaped while marching. The confrontation grew so intense

police used clubs to turn the

demonstrators back.

Well, a UK coroner has found that

singer Amy Winehouse died with a

lethal amount of alcohol in her blood.

The coroner ruled it a death by misadventure, saying that the

singer died of accidental alcohol poisoning.

She fought a battle with drugs and

alcohol for many years. The coroner

found Winehouse's blood alcohol

level was 0.4, which could have

stopped her breathing, and sent her into a coma.

NRL news and Sharks coach Shane

Flanagan admits the club has taken

a risk signing Todd Carney on a

two-year contract. They have a plan

to deal with the troubled player

maker, who is on his final chance

with the NRL.

He met with the NRL boss for close

to an hour. Meeting went really

well. There will be an announcement

later this afternoon. The clear

message - stuff up again and you

are gone. If he does the wrong

thing, everyone knows it is going

to create big problems for him. He

is on his last chance with the NRL

after joining his third club since 2004.

He was sacked by the Raiders and

Roosters for alcohol-related

incidents. The Sharks taking the

big punt by offering Carney a

lifeline. Yeah, I would be silly to

say it was not a risk. But we have

a plan in place. I've got a real

good senior player group. Despite

Carney's extensive rap sheet, the

Chiracs are willing to wipe the

slate clean. He starts fresh today with us.

Flanagan said the rumoured $700,000

deal is incorrect, but his contract

is about more than just money.

They're making a big investment in

him. The game is making a big

investment in him and he needs to

take responsibility. Carney will

start training with the Sharks next month.

And Australia shouldn't have any

trouble converting their tries in

Friday's rugby league Four Nations

opener against New Zealand if this

Jonathan Thurston effort is

anything to go -- if this - by.

The No. 7 had no issues with the

frosty English weather. No longer

is it "bend it like Beckham" but

bend it like Thurston! We might have

have to come up with a catchy one.

When China sneezes, Australian

businesses get the cold? Yes, there

are real problems here. A lot of worried

worried faces in mining circles.

The price of iron ore has been

dropping like a rock. The price is

reportedly down nearly 30%. In the

past eight weeks, mostly because of

the decreased demand from our major trading partner.

Chinese factories have been using up

up the stock miles rather than buy

more. If the price stays down it

could cost our economy up to $10

billion over the next year alone.

Now, a summit of European Union

leaders to thrash out a master plan

to try to fix the Eurozone debt

crisis has wrapped up in Brussels.

It was the second gathering of EU

presidents and prime ministers in

as many days. International markets

and other world leaders have been

demanding that Europe comes up with

a deal to prevent the debt crisis

from sparking a global recession.

German Chancellor Angela Angela

Merkelle says there are many

problems to settle and negotiations

to carry out.

Mortgageholders can bet on a

Melbourne Cup day cut in interest

rates after lower than expected

inflation figures. It could provide

retailers. an early Christmas gift for

It is the season that seems to

creep up on us. And every year,

threatens to clean us out. Regardless of what happens

throughout the year, mums and dads

want to make sure their kids have a

great experience at Christmas. So

they save up to celebrate. But

retailers counting on December

sales to drive revenue may be

disappointed by consumer spending

plans. I think a little bit less

this year. Why is that? I think due

to the economic situation.

After disastrous spring trading,

the summer months will be once

again be marked by heavy

discounting as battle-hardened

retailers attempt to woo cautious

customers through the doors.

We are playing our part. These are

decisions taken by the independent

next Tuesday. Reserve Bank. They will do that

It is good to have that relief when

rates drop. It encourages people to

spend. And could provide retailers

with some festive cheer. Well, look,

if we see the interest rate cut, we will

will see some trading return a

little bit. I don't think it will

be fantastic or boibt. Perhaps,

though, moving -- or point. Perhaps,

though, moving in the right

direction. As reported, all eyes

have been on the European summit

taking place this morning. Early

indications suggest they have come

to an agreement on most matters

debt sthai will absorb. except how much of the sovereign

The Dow Jones in the US is ahead by

77 points. And the tech sector was dragged down by Amazon.

And the Polish leader has made

comments after the Brussels get-

together and called it heated. The

good news though is that China

looks set to play a role in the attempted

attempted solution. As for the main

markets performing ahead of the

crisis talks, it was mixed. London

up and the others in the red.

around the country now. around Let's take a look at the weather

Taking a look at news websites from around the world.

The Ouse is a Today says a breast

cancer awareness the t-shirt to be

worn by a high school cheer leading

squad divides the community - feel for lump, save your bumps.

And the Telegraph says a Zimbabwean

man has been charged with

beastality, but claims it is a

mistake. He says he hired a

prostitute but overnight somehow

she turned into a donkey?!

There you go. Still ahead - more

disruption at the nation's airports

again today. We will have all those

details next. And every senior it

is den needs to be careful of

rock star. slipping in the somehowish, even a slipping in the somehowish, even a

local news headlines... court for allegedly A Bonython man is facing indecency on young girls as performing acts of pornographic material. well as exposing them to arrested on Tuesday with The 48-year-old was items. police seizing a number of arrested and taken to the The alleged offender was was held overnight. ACT Watch House where he Australian Communications Canberra staff at the hoping yesterday's strike and Media Authority are pay and working conditions. action will lead to better week called upon to enter ACMA management were last response failed to satisfy negotiations but their the union. joined workers in Sydney, Yesterday staff in Canberra walking off the job for one Brisbane and Melbourne,

hour. keen to reach an agreement The C-P-S-U say they're industrial action lightly. and they don't take action will take place in Meantime, more industrial it's staff at the Bureau of Canberra today, this time Meteorology. their counterparts across The staff will be joining for one hour. the country, downing tools Sector Union says the new The Community and Public

table falls well below wage offer brought to the them worse off than other inflation, and will leave band. public servants on the same upon to contribute to a Locals are being called Library in Canberra -- collection for the National and histories with sharing their own stories

medicine. reveals the development of It comes after new research most important medical antibiotics is seen as the years. . development of the last 100 Raiders are hoping the TO SPORT, And the Canberra performance review will recomendations in it's high next season. help with a turn around line up is one of the four A new coaching assistant Along with the present key reccomendations... coach and recruitment coach position of the Toyota Cup distinct positions being split into two TODAY'S WEATHER DETAILS... NOW HAVING A LOOK AT band of cloud is moving To the satellite now.. A with a cold front is through New South Wales storms. triggering patchy rain and

shower or two for Sydney To the capitals.. A morning 19 for Canberra.. Cloudy and 21.. Partly cloudy and too in Melbourne. mostly sunny conditions To the majore centres and 24... 17 in orange... forecast for Dubbo and

Clearing showers for Bega. Clearing showers and 17 in Fine and 18 in Bathurst... Goulburn. Nowra... Mostly sunny in 19 the top on the coast for Parkes, 25 the top. day forecast for Canberra Taking a look at your three now.. sport and weather. Stay That's the latest news,

with us, I'll have more updates for you throughout

Headlines ef areery 15 minutes.

Well, air passengers today coming

in and out of Australia are facing

huge delays. Thousands of kuztom

officers around the country have

walked off the job. Our

correspondent is at Sydney airport.

Hello, again. This is shaping up to

be a very disruptive stop-work? We

have been here for a couple of

hours. We have seen more passengers

develop. The passengers are seeming

more confused. At midnight lapt,

Custom officials stopped work for

24 hours at Sydney and Melbourne

airports. It is over a wage dispute.

They say customs work is dangers

and they deserve more than the 3%

kurm on offer. It is not just the

airports affected by the strikes

today? Absolutely not. Ports will

also be affected. Delays are

expected there. Shipping containers

are expected to be held up, even

the customs marine unit, in charge

of border protection and protecting

our water, they are stopping work

today for two hours. Even

international mail centre, their

capacity will be greatly reduced.

For an indication of things to come, just

just at the entrance to the Customs

section, there is emergency crews

there, wearing yellow vests which

say, "Emergency support", so that

gives an indication of what we can expect later today.

Well, 250 jobs are reportedly set

to be axed from the Queensland

police service, as the State

Government struggles to meet its

wages bill. The job losses are

expected to affect civilian workers,

not uniformed officers. But police

say claims that will mean they will

be forced to spend more time behind

the desk, completing paperwork. The

Government says an election promise

to boost officer numbers on the

beat will go ahead. The Queen has

flown west for the final stop of

her Australian visit. Her Majesty

left the east coast after capturing

the hearts of thousands of fans,

who turned out in Melbourne to greet her.

Nearly half a century after the

Queen opened Melbourne's original

Royal Children's Hospital, she was

back to inspect the new, improved

version. Former conjoined twins,

Trishna and Krishna, separated at

that hospital, formed part of the

welcoming committee. Young and old

gathering to catch a royal glimpse.

We have always tried to make the

hospital a happy place. This hospital a happy place. This

enhances it. I don't know if she

will remember it - but I will never

forget it! If Federation Square,

the crowd kept growing. Harry! Sno

and William! Waiting until the

moment arrived.

Working her way down the line of

well-wishers, then all aboard forea

trip, Melbourne-style, through the

city centre. The tram decked out especially for the occasion.

After a reception at Government

House, the whirlwind tour of

Melbourne came to an end. The

royals heading west, where Her

Majesty will open the Commonwealth

Heads of Government Meeting. Thai

Thai authorities say a series of

high tides today and tomorrow may

allow floodwaters to top Bangkok's

flood defences and swamp the city centre. centre.

Workers have been removing barriers

in the west of the city to increase

the water flow and prevent it

building up, so much it breaks

through the barriers. Many

residents have chosen to leave

anyway. Others have been

barricading their home, expecting

the worst. The international the worst. The international airport is still open.

And as many as nine people have died

died in flash floods caused by

severe storms across much of Italy.

Roads and rail lines were blocked

in some areas. The regions of in some areas. The regions of

liguria and Tuscany was the hardest hit. hit.

Torrential rain and storms have hit

several European areas this week, including Spain and Ireland.

Well, when you get on a bit you have

have to be careful getting in and

out of the shower even if you are a

rock star. Steven Tyler, the lead

singer of Ayr Smith, was taken to

hospital in Paraguay after he fell

and injured himself. He reportedly

suffered cuts to his eyebrow, mouth

and lost two teeth. Tyler was in

Paraguay to perform at a rock

festival and the performance was

put back a day.

US stocks have been higher this

morning as investors remain hopeful morning as investors remain hopeful

the Europeans will get their act

together and solve the debt crisis.

John, the European action aside,

there has been some good news in

the US about home sales, which also

boosted the market there? Yeah, good

good morning. You are right. New

home sales have risen the most in

over five months. Some better

outlook for manufacturing as well,

with durable goods orders beating

expectations there as well. On the

earnings front, Boeing has beaten

expectations for their third-

quarter report too. That helped US

markets. The key thing as you

mentioned is all eyes on the

European summit, remaining hopeful

of a solution and certainly it

seems they have come to some

agreement on the recapitalisation

of those European banks. Key

question now is the extent to which

those banks wear some of those losses.

losses. That is yet to be decided.

Big news for Europe is that China

has indicated it may participate in the bailout plan.

What about us? How is our market

shaping up today? Not much here in

the way of economic or corporate

news. Certainly, the boost we got

yesterday from the prospect of a

rate cut on Melbourne Cup day, with

those weaker inflation numbers,

certainly gave us a boost. That

combined with the overnight news

out of the US might help our market,

not quite by osmosis, but help.

It appears internet shopping is not

always a bullet-proof success.

Amazon has reported a whopping 73%

plunge in quarterly profits. The

company warned that profits this

coming quarter may not live up to

expectations. The drop has been put

down to the high cost of rolling

out Amazon's new Kindle ebooks. It

is building 17 new warehouse

distribution centres. Shares in the

internet giant fell 17% in afterhours trading.

SAB Miller take-over of Fosters is

one step closer. The Victoria

Supreme Court has given the green

light for the $12 million deal to

be put to a vote.

Technology giant IBM has named its next President and chief executive,

Virginia Romerty, the first woman

to head the company. She has been

with big blue for 30 years.

Trivia before I go - if you want to

get someone a donkey as a present

for Christmas, anywhere between

$5,000 and $20,000 for a fully

trained donkey. And why would you

want to do in a? Not my question

for me to answer.

Well, recapping the main stories

now - the Sri Lankan President has

arrived in Perth for CHOGM, just in

time to face new allegations that

his soldiers were guilty of human

rights abuses in the Tamil war.

Mortgageholders may be in line for

a sure bet win on Melbourne Cup day with

with a cut in interest rates

expected after a lower than

expected inflation figures. And

Occupy demonstrators in California

have staged a series of running

clashes with police by using social media

media to stay one small step ahead of the law.

That is it. CAPTIONED BY MEDIA ACCESS GROUP AT WGBH (ALARM BLARES)

SONG: # Do you want some fun while you're eating brekkie? # Toasted TV We're on your telly. # Yep, it is all about drawing, this morning.

Hopefully better than that, 'cause I'm not exactly sure what I just drew. 'Cause that was atrocious. That was horrible. Atrocious! Hey, guess who's coming on the show? I know. Hugh Jackman! Oh, my gosh! No, no, sorry. He looks like Hugh Jackman. Sorry. It's Cartoon Dave. Still very cool. Very cool, very excited. We're gonna be drawing with Cartoon Dave.

Don't go anywhere. That's coming up next. ARE YOU READY, KIDS? KIDS: AYE, AYE, CAPTAIN! I CAN'T HEAR YOU. AYE, AYE, CAPTAIN!

OH... # WHO LIVES IN A PINEAPPLE UNDER THE SEA? # SPONGEBOB SQUAREPANTS! # ABSORBENT AND YELLOW AND POROUS IS HE # SPONGEBOB SQUAREPANTS! # IF NAUTICAL NONSENSE BE SOMETHING YOU WISH # SPONGEBOB SQUAREPANTS! # THEN DROP ON THE DECK AND FLOP LIKE A FISH # SPONGEBOB SQUAREPANTS! READY? CAPTAIN & KIDS:

# SPONGEBOB SQUAREPANTS. #

(CAPTAIN LAUGHING HEARTILY)

(PICCOLO PLAYING) (OCEAN WAVES CRASHING, SEAGULLS CALLING)