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Ten Early News -

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(generated from captions) This program is captioned live.

It is 6am, Monday July 5. Good

morning. I'm Tim Webster. And I'm Frank Coletta. Welcome to Ten's Early News.

The headlines this morning - a man

charged with the frenzied stabbing

attack of a female bush walker.

Police say he was recognised by a

member of the community.

An Australian man faces town 12

years in jail after being caught

with cocaine in Bali. He's called

the discovery of the drug in his

wallet a silly mistake. And then in

finance - the election is looming.

And the economic signals are mixed

right after all the sport and

Wimbledon - what will the Reserve

week? Bank do with interest rates this

First, a man will front court in

Sydney this morning charged over

that stabbing attack on a bush

walker in the Blue Mountains.

Police have credited the public

with helping track down the 47-

year-old. He was arrested after year-old. He was arrested after

being spotted by a man in a

supermarket in Sydney's west

yesterday morning. I'd like to

thank the community. It was a

matter of time before this

gentleman was found and apprehended.

29-year-old Alison Foster was

assaulted and stabbed as she walked

along a bush track last Saturday.

attempted murder. The man has been charged with

In sport, Rafael Nadal wins his

eighth Grand Slam tight well a

stunning straight-sets win over

Tomas Berdych. We'll probably have

think. that a little bit later of I would

A teenager is in jail following the

death of a man in a horrific home

invasion in Sydney's south-west.

The 19-year-old was arrested on

Saturday night as he left Bankstown

Hospital. He was charged with

murder and aggravated breaking and

entering. 29-year-old Kesley

Burgess died on Friday after being

intruders. attacked in his home by four

The teenage was refused bail. Three

other men are still being sought.

An Australian man could be jailed

for up to 12 years in Bali after

being caught with cocaine. He

admits he made a silly mistake admits he made a silly mistake

wallet. after the drug was found in his

Angus McCaskill was paraded in

front of reporters on the holiday

island, his face covered after

being caught with cocaine. I make

silly mistake. I'm very, very, very

sorry. He was arrested on Wednesday

night. Police say it was nothing

more than a routine check but there

are suggestions the investment

adviser had been under surveillance

for days. Why did you have white for days. Why did you have white

packets on you? Because I was very,

very drunk. I watched the World Cup

and drink a lot of alcohol. The 57-

year-old is being held at Kuta year-old is being held at Kuta

police station. Officers say they

found several packets in his wallet,

with drugs totalling more than 3.5g.

Are you addicted to cocaine

Addicted? Yes. No. I liked. I had a

good feeling, you know? The

Department of Foreign Affairs says

Mr McCaskill was born in New

Zealand, lived in Melbourne, but

has been in Bali for some time.

Under Indonesian law, he faces up

to 12 years behind bars.

The Prime Minister has returned to

her home State of Victoria for the

first time since taking the top job

but while Julia Gillard is yet to

call the election, both sides of

campaign trail. politics are already on the

Julia Gillard makes her Melbourne

homecoming, not as a dem deputy but homecoming, not as a dem deputy but

as the country's leader. I'm very, as the country's leader. I'm very,

very happy to be back in Melbourne

and I'm looking forward to getting

home and having the opportunity to

spend some time here in Melbourne

tomorrow. And have a sleep in your

own bed I'm sure? Own bed, own

pillow. Very important. But with

bets on when an election will be

called, there's no time to rest.

Instead, the new PM hit the road,

touring bushfire-affected

Marysville with Premier John Brumby. Marysville with Premier John Brumby.

Who have we got here? Ms Gillard

glad to be home among old friends.

John used to be my boss. He was a

pretty good boss. And given recent

changes, I don't know what he's changes, I don't know what he's

going to make of who's boss now.

It's safer territory than in

Canberra, where the Coalition's

launched a scathing advertisement

accusing the new PM of being a

Labor Party puppet. So the normal

of the story is - if you keep

wasting money and stuffing things

up, you could be a Labor prime

minister too. For a while anyway.

The death toll from that fire in a

Congolese town caused by a fuel

truck explosion has risen to 235.

Three people badly burned by the

fire died overnight. Another 200

remain seriously injured. Most of

the dead, including 60 children and

30 women v been buried in mass

graves. The tanker overturned while

trying to pass a minibus on Friday.

It gushed petrol into three

buildings where hundreds of people

had gathered to watch the World Cup.

It then exploded.

The US has celebrated Independence

Day. The nation broke away from

Britain in 1776 so a traditional

red, white and blue street parade

has been held in patriotic

celebration. Once the marching and

barbecues are done, the Americans

love to close the day with a big

bang. Thousands of fireworks

displays have already blasted off.

Rafael Nadal has won his eighth

Grand Slam tight well a dominant

straight-sets win over Tomas

Berdych-in-at Wimbledon. He won the

grass court major for the second

time in three years.

Some wishful thinking as the

finalists took to Centre Court.

No local hope but, instead, a ten

Chris mast class from the world

number one.

number one. Chris mast class from the world

He's done it!

Rafael Nadal has regained the title

he won here two years ago! Rafa

made his intentions clear from the

6-3. outset, wrapping up the opening set

He was forced to save three break

points in the opening game of the

second. From there he was

unstoppable. No sign of knee

year. problems that forced him out last

Oh! An eighth Grand Slam title

putting the Spaniard in esteemed putting the Spaniard in esteemed

company alongside names like Lendl,

Connors and Agassi. More than I Connors and Agassi. More than I

dreamed for me. Always was my dream dreamed for me. Always was my dream

play in this court and today

playing the final was amazing for

me. After difficult year last year

I can't be here but this year I

came back and be here and have this

dream. trophy in my hands is more than I

Richmond have lifted off the bottom

of the AFL ladder for the first

of the AFL ladder for the first

time since Round 1 where a spirited

come-from-behind win over the

Sydney Swans. Jack Riewoldt led the

way with five goals and another

contender for mark of the year.

The Swans led by 33 points late in

the third term before the Tigers

turned the tables. Gregory Colbert

proved a surprise match-winner.

They looked him out a moment ago

they're in front! and now he kicks his third and

West Coast are now last and staring West Coast are now last and staring

at the wooden spoon for the first

time in their history.

In the NRL, the New Zealand

Warriors have scored their third

straight win with a comprehensive

34-6 thumping of Parramatta at

Mount Smart stadium. The

performance included six tries and

it propels the Warriors into the

top eight. What about that? And in

Canberra, the Sydney Roosters upset the Raiders 22-12.

Jorge Lorenzo has won the Catalan

Grand Prix to extend his lead in

the world Moto GP championship. He

started from pole position and

never looked troubled as he rode to

his third straight victory.

It's his third victory in

succession. Dani Pedrosa takes

second and Casey Stoner forced to

settle for third place. Australia's

Casey Stoner finished third and

there was a massive spill in the

final lap of the Moto 2 series when final lap of the Moto 2 series when

Carmelo Morales ran into the back Carmelo Morales ran into the back

of another bike before the finish

line.

Frank, are we racing another

interest rate rise tomorrow? Gee, I

hope not.

Analysts say financial turmoil in

Europe and other local factors

should force the RBA to keep rates

on hold at 4.5%. That will be good on hold at 4.5%. That will be good

news for the Government in the

lead-up to an expected election in August. lead-up to an expected election in August.

European sovereign debt problems

are making the markets rather

jittery but headline inflation in

Australia was slightly up during

the March quarter and price

pressures appear to have worsened

since then. The continuing low unemployment numbers all put

pressure on the bank to consider

raising rates again but the

indications are that tomorrow's RBA

board meeting will spare us further

mortgage pain, certainly for the moment.

Meanwhile, home-buyers are finally

getting the interest rate message.

Auction clearance rates were down

again at the weekend in Sydney.

Now to business in brief and we'll

see results of the ANZ job

advertisements survey for June

today. China's Bright Food Group has

has offered more than $1.5 million

for CSR's sugar and renewable

energy business and also out today

- the TZ securities-Melbourne

Institute inflation gauge for June.

Checking today's newspapers, the

'Sydney Morning Herald' looks at a

new cancer drug which requires

patients to undergo genetic testing

to see if it will work for them.

The 'Financial Review' says the US

economy shed 125,000 jobs in June

after a 5-month run of gains. The

'Age' says Catholics around

Melbourne remain sceptical about

the Church's promise to make amends

with sexual abuse victims. The

'Australian' reports recent run-ins

with tan bra over health care and

the mining tax has helped Premier

Colin Barnett to a boost in the

polls. Still to come - Julia

Gillard gets the message and

promises to send back the boat

people. And in finance - a look

ahead at what to expect on the

local Stock Exchange today. It

could be a rocky road.

Headlines every 15 minutes on Ten's

Early News.

An Australian man arrested in Bali

for possessing cocaine admits he's

made a very silly mistake. 57-year-

old Angus McCaskill was arrested on

the holiday island on Wednesday.

Police allegedly found five packets

of cocaine weighing more than 3.5g of cocaine weighing more than 3.5g

in his wallet. Guys, I make silly

mistake. I'm very, very, very sorry.

The investment broker, who has

lived in Bali for some time, faces

a maxium 12 years in jail.

An 87-year-old man drowned in the

pool of his north-west Sydney home

last night. The elderly man was

found around 6pm. Police say it's

not clear if the man suffered a medical condition before falling.

The death is under investigation

but is not being treated as

suspicious..

The baby son of Brendan Cannon has

spent a second night in hospital

after being run over in the

driveway of the family home.

One-year-old Samuel Cannon is in a

stable condition in hospital. He's

been on life support suffering

internal injuries since Saturday

after his dad accidentally backed

over him in the Brisbane suburb of

Sherwood. His father is Australian

rugby representative Brendan Cannon.

The whole thing is simply in the

hands of the almighty and the

medical staff. The family is

praying for a full recovery. He

looks pretty good, actually. He's a

strong, tough little fella. Both

legs and an arm were fractured. He

has a broken pelvis and internal

injuries. His bowel and liver

crushed. I reckon the little fella

will recover. You've got to be

positive about these things. He'll

go on to play rugby, probably as

well as his father. The accident

happened in a split second. When he

realised that his brother and

sister were going off in the car,

he apparently got away from Fiona

and ran behind the car. In an

unlikely coincidence, another

former Wallabies hooker, Phil

Kearns, experienced a similar

accident in 2006 in the driveway of

his Sydney home. My son, that I'd

let out of the car yelled out,

"You've just run over her." Kearns'

daughter made a full recovery.

A man will front court in Sydney

this morning charged over the

stabbing attack on a bush walker in

the Blue Mountains. Police have

credited the public with helping

track down the 47-year-old who was

arrested after being spotted by a

man in a supermarket in Sydney's

west yesterday morning. I'd like to

thank the community. It was a

matter of time before this

gentleman was found and

apprehendeds. 29-year-old Alison

Foster was assaulted and stabbed as

she walked along a bush track last

Saturday. The man has been charged

with attempted murder.

The Federal quilgs has launched a

scathing advertisement aimed at the

Prime Minister. They accuse her of

being a puppet for Labor Party powerbrokers.

The Coalition's turned Kevin Rudd's

nightmare into its own fairytale.

The ad insinuates Julia Gillard is

just another Labor Party puppet.

So the moral of the story is if you

keep wasting money and stuffing

things up, you could be a Labor

Prime Minister too, for a while

anyway.

If Julia Gillard was a puppet of

the unions, then I would assume

that at the time that Julia Gillard

put industrial relations

legislation through the Parliament,

all of the union movement would

have been applauding. They weren't.

The final nail in Kevin Rudd's

coffin was the superprofits tax and

it became Julia Gillard's triumph

when she struck a deal with the

major miners. For the first time,

Labor has all but conceded that the

tax in its original form was

mistake and it wasn't all Kevin

Rudd's fault. I don't think anyone

expected a Prime Minister to

disappear. That was a game-changer

I think. It sent a message to all

of us to face up to our

responsibilities and sort this out.

The real policy test will be at the

polls whenever that may be. There's

only one person who knows. She may

well have not made up her mind and

she's certainly not telling.

Punters have their money on August

28 but it could be earlier. No strings attached.

Meanwhile, Julia Gillard is

expected to unveil a tough new

policy on asylum seekers when she

announces new border protection

measures this week. According to

the 'Australian' newspaper hundreds

of refugees could be sent home

under a new agreement with Afghanistan.

Sri Lankan asylum seekers could

also be sent back. The Prime

Minister has invited people to

invite what they -- invooted

Australian people to say what they

feel without being worried about being politically correct.

Four Australian soldiers have been

injured when an IED went off near

their vehicle in Oruzgan province

in Afghanistan. They've been

evacuated to a hospital in Tarin

Kowt. They suffered only minor

wounds. Meanwhile, an Australian

killed in a holl crash in

Afghanistan will be farewelled

today. Julia Gillard and Tony

Abbott are expected to attend the service for Private Tim Aplin.

The US has marked the fourth of

July in Afghanistan with a transfer

of power to a new commander.

General Alessandro Petacchi is

credited with turning around US

fortunes in Iraq. He replaces

General Stanley McChrystal who was

sacked for making disparaging

remarks about the White House administration.

General Petacchi believes the war

has reached a critical point.

We're engaged in a contest of wills.

Our enemies are doing all they can

to undermine the confidence of the

Afghan people. He leads a 130- strong international force

including our Australian troops.

Rafael Nadal has won his eighth

Grand Slam title with a straight-

sets win over Tomas Berdych. The

world number one never looked

troubled as he cruised to his

second Wimbledon tight until three

years. He took the first set 6-3

and then survived three break

points early in the second set.

From there he was unstoppable. From there he was unstoppable.

He's done it. Rafael Nadal has

regained the title he won here

three years ago. He now sits

alongside tennis greats Lendl, Connors and Agassi with eight Majors.

Yesterday the Tigers beat the Swans

in a thriller lifting Richmond off

the bottom of the ladder. Sydney's the bottom of the ladder. Sydney's

finals hopes took another hit. finals hopes took another hit.

Winning is becoming contagious at

Tigerland after starting the season

0-9. They've now won four of the 0-9. They've now won four of the past five.

For our guys to show some fight and

come out on top is a terrific win.

Swans had led by as many as 33

points but a second-half fade-out

has the coach labelling his side

the worst in the competition. It's

a rolling season and things change

but at the moment we've lost to the

bottom team. That's what you are.

St Kilda and Geelong share top spot

after both recorded comfortable

wins. The Saints were too good for

the Demons, the Cats 35-point

winners over North Melbourne. The winners over North Melbourne. The

Roos' loss further soured by Jack

Ziebell's broken leg. Michael

Barlow also has a broken leg. He

underwent surgery yesterday and is

out for the remainder of the season.

Back from injury, Western Bulldog

Jason Akermanis has served the

first of his two-game suspension in the VFL.

Queensland's State of Origin

players are warning they'll target

the Blues rookies, keen to find out

if they're up to Origin standard.

Four players will debut for NSW.

Queensland fullback Billy Slater Queensland fullback Billy Slater

says they should expect a baptism

of fire. of fire.

It's up to us to, you know, go out

there, put a lot of pressure on the

new guys and see whether they're up

to it. It's State of Origin

football. You can't hide anywhere.

Queensland will be trying for the

first clean sweep of an Origin first clean sweep of an Origin series since 1995.

Briefly in other sport, Ben

Hilfenhaus has a clear path to

return to Australia's Test cricket

side following Ryan Harris's knee injury.

Fabian Cancellara was Switzerland

retains the race leader's yellow

jersey after the first lead of the

Tour de France and Benjamin

Mitchell has lost the junior

Wimbledon final to 13th seed Marton Fucsovics 6-4, 6-4.

Stocks were down on Wall Street

last week and it looks like

investors could be in for a nervous

time on return from the long weekend.

John Milroy, it won't take much

more downward pressure before it

becomes a real bear market again,

will it? You're quite right.

Sentiment is one of the key drivers

of markets and it's in negative

territory and we've seen that play

out in weaker markets in the last

several weeks. The US markets are

now back to levels last seen during

the course of October last year.

The main concern seems to be this

risk of a double-dip recession and

with that being reinforced last

week with weaker housing data and

weaker jobs data again on Friday

night. That seems to be weighing on

investors' minds as well. So we're

not thinking that that is the main

thing that will drive the recover

in the -- recovery in the US.

Manufacturing data is key to that.

It's still in positive territory.

John, a slight pounce on Friday

locally. How are things shaping up

for our market today and for the week?

This week we've got the RBA

announcement and cash rates are

widely expected to be held at 4.5%,

particularly given some of the weak

local retail sales data out last

week and also the weaker housing

auction and clearance rates as well.

Now, um, the other thing we've got

is a precursor to the employment

data out on Thursday with the ANZ

job ad series and that's expected

to be flat here. We start our week

with the US holiday and this data

out later in the week should mean

it's a slow start. Thank you very it's a slow start. Thank you very much. Thanks, Frank.

Still ahead - the Gillard-ability

war rages on in Canberra. We'll

cross live for the latest next. And

the auctions take another hammering.

We'll tell you about the freeze on

house sales when Ten's Early News

returns. Stay with us. around about, say, 200 bucks.

This program is captioned live.

You're watching Ten's Early News.

The headlines - a man has been

charged with a random stabbing

attack on a female bush walker. He

was spotted by a sharp-I'd member of the public.

An Australian man faces town 12

years in jail in Bali after being

caught with cocaine. He calls the

discovery of the drug in his wallet

a silly mistake.

Rafael Nadal wins his eighth Grand

Slam tight with a straight-sets win at Wimbledon.

Economic signals are mixed so what

are the chances the Reserve Bank

will lift interest rates again this week?

A man will front court in Sydney

this morning charged over that

stabbing attack on a bush walker in

the Blue Mountains. Police have

credited the public with helping track down the 47-year-old. He was arrested after being spotted by a man at a supermarket in Sydney's west yesterday morning. The Opposition now accuse her of being a Labor Party puppet. Here with the details live from Canberra, Ten political correspondent Amanda Hart. What brought that attack on? It doesn't take much more the Opposition to launch an attack on the Government. Yesterday, while Prime Minister Julia Gillard was touring the fire-affected town of Marysville to open the new SES centre, the Coalition launched a

new television advertisement

accusing Prime Minister Julia

Gillard of being a puppet of the

unions and saying that she's simply

wasting taxpayers' money. Now, this

comes after the unions were

instrumental in ousting former

prime minister Kevin Rudd and

putting Ms Gillard into the top

spot. Now, of course, the

Government denies this and says Ms

Gillard is her own person and

really says that people aren't

going to buy this ad, they're not

going to believe it whatsoever and

say that Ms Gillard has stood up to

the unions a number of times in the

past, industrial relations being one example. Another interesting

piece of news this morning - the

Resources Minister says the super

profit tax battle wasn't all cred's

fault. Yes, well, after the Labor

Party ousted former prime minister

Kevin Rudd really because of this

super profits tax, Martin Ferguson

has come out and said, "Look, it's

really not all Kevin Rudd's fault

and each minister needs to take

responsibility for this tax, which

in its original form wasn't a good

idea." Let's have a listen. Well,

when you sack a prime minister, the

tone is bound to change. People

suddenly looked up and said, "Jies,

this is a really difficult

challenge now. We've seen a prime

minister go. It's our joint

responsibility to solve these

differences in the national

interest." Amanda, thank you.

Brisbane's newest bridge faces its

first test this morning. The Go

Between Bridge connects the

northern and Western Suburbs. Toll

charges have been discounted with

motorists paying only $1.50 until

the end of the

the end of the year. Clem 7 tunnel

has experienced low traffic numbers

since it opened.

Police in Great Britain are hunting

a gunman on the run after he shot

three people, killing one. The

man's victims include his former

girlfriend, her new boyfriend and a

police officer, who he believed was

also having an affair with his ex- girlfriend.

They are heavily armed and as

heavily protected as they can be.

This is a huge hunt for a man who This is a huge hunt for a man who

appears have a grudge against

police officers. Raoul Moat, just

out of prison for assault and now

wanted for the attempted murder of

a policeman as well as the

attempted murder of his former

girlfriend and the murder of her new boyfriend.

PC Rathband was at this round yabtd

when Raoul Moat approached him in

the early hours. He was carrying a

shotgun and opened fire at point-

blank range on the officer, hitting him in the

him in the chest, neck and face.

The officer was able to call for

help and gave colleagues crucial

descriptions that allowed them to

link shootings earlier in the day

with his own shooting. It's

recorded that just hours before the

shooting, Moat posted this on his Facebook page:

At the house where Moat shot his former partner Samantha Stobbart,

and killed her new partner, Chris

Brown, the forensic work continues.

Police say that Miss Stobbart

denies any relationship with a

police officer. They want that

clear to Raoul Moat for fear he

seeks more revenge as a result of

what could be a mistaken assumption.

Rafael Nadal has won his eighth

Grand Slam tight well a dominant

straight-sets win over Tomas

Berdych at Wimbledon. The world

number one was in fine touch,

winning the grass court Major for

the second time in three years.

Some wishful thinking as finalists

took to Centre Court. Come on,

Andy! No local hope but a tennis

master class from the world number

one. He's done it! Rafael Nadal has

regained the title that he won here

two years ago! Rafa had made his

intentions clear from the outset,

wrapping up the opening set 6-3.

Well, that's the opening set to the

Spaniard. He was forced to save

three break points in the opening three break points in the opening

game of the second. From there, game of the second. From there,

though, he was unstoppable. No sign

of the knee problems that forced him out last year.

An eighth Grand Slam title putting

the Spaniard in some esteemed

company, alongside names like Lendl,

Connors and Agassi. More than I

dreamed for me, you know? dreamed for me, you know? Always

was my dream play on this court and

today played the fourth final was

amazing for me after a difficult

year last year. I can't be here but

this year I came back and, you know,

be here and have this trophy in my

hands is just more than I dream.

Richmond have lifted off the bottom

of the AFL ladder for the first

Siam since Round 1 with a spirited come-from-behind win over the come-from-behind win over the Swans.

Jack Riewoldt led the way with five

goals. The Swans led by 33 points

late in the third term before the

Tigers turned the tables. Teenage

errand rue Collins proved a surprise match winner.

Now I kicks his third and they're

in front! West Coast are now last

and staring at the wooden spoon for

the first time in their history.

In the NRL, the New Zealand

Warriors have scored their Warriors have scored their third

straight win with a comprehensive

34-6 thumping of Parramatta at

Mount Smart stadium. The Warriors'

impressive performance included six

tries and propels them into the top

eight. What about that? He's gone

over! In Canberra, the Sydney

Roosters upset the ratest 22-12.

Jorge Lorenzo has won the Catalan Grand Prix

Grand Prix to extend his lead in

the world Moto GP championship.

Lorenzo started from pole position

and never looked troubled as he

rode his way to a third straight

victory. Jorge Lorenzo takes his

third victory in succession. Dani

Pedrosa takes second. Casey Stoner

fird third. There was a massive

spill on the final lap of the Moto 2 series when Carmelo Morales 2 series when Carmelo Morales ran

into the back of another bike

crashing just before the fine Lyn.

Meanwhile, Fabian Cancellara was

Switzerland has retained the yellow

jersey after a crash-filled first

stage of the Tour de France. With

the finish line in sight, a number

of riders went down, causing

another blockage on the course.

There's been a massive pile-up

behind. Eisel is in there. The road

is blocked there. I've never seen is blocked there. I've never seen a

crash like that about. Alessandro

Petacchi took the stage win.

Time for finance with Frank and

what will the RBA do to us tomorrow,

do you think? Fingers crossed. I'm

confident in saying it's highly

unlikely but there's no such thing

as a sure thing when it comes to

the RBA. Analysts say the Reserve

Bank should keep rates on hold at

4.5%. That would be good news for the Government in

the Government in the lead-up to an

expected election in August some

people are saying. European

sovereign debts problems are making

the markets jittery but headline

inflation in Australia was up

during the March quarter and price

pressures appear to have worsened

since then. Continuing low

unemployment numbers put some

pressure on the Bach to perhaps

raise rates but indications are

that tomorrow's RBA board meeting will spare us further will spare us further mortgage pain,

at least for the moment.

Meantime, home buyers seem to be

finally getting the interest rate

message. Auction clearance rates

were down again at the weekend.

The US market ended the week lower

on the back of disappointing jobs

data, closing out the worst week in

two months before they got into

fourth of July celebrations.

Still ahead - maybe 'MasterChef'

needs more banana recipes because

researchers have discovered monkeys

love watching TV. And maybe some

recipes involving honey and salmon should be

should be on the menu in business

because the bears are stalking the

US stock market again scaring

investors. Details when Ten's Early

News returns.

This program This program is captioned live.

Headlines every 15 minutes on Ten's Early News.

An Australian man arrested in Bali

for possessing cocaine admits he's

made a very silly mistake. 57-year-

old Angus McCaskill was arrested on

the holiday island on Wednesday.

Police allegedly found five packets

of cocaine weighing more than of cocaine weighing more than 3.5g

in his wallet. Guys, I make silly

mistake. I'm very, very, very sorry.

The investment broker, who has

lived in Bailey for some time, now

faces a maximum 12-year jail sentence.

An 87-year-old man drowned in the

pool of his north Sydney home last

night was found around 6pm. Police

say it's not clear if he'd suffered a medical condition before falling

in. The death is under

investigation but is not being treated as treated as suspicious.

The baby son of former Wallabies

hooker Brendan Cannon has spent a

second night in hospital after

being run over in the driveway of

the family home.

One-year-old Samuel Cannon is in a

stable condition in hospital. He's

been on life support suffering been on life support suffering

internal injuries since Saturday

after his dad accidentally backed

over him in the Brisbane suburb of

Sherwood. His father is Australian

rugby representative Brendan Cannon.

The whole thing is simply in the

hands of the almighty and the

medical staff. The family is

praying for a full recovery. He

looks pretty good, actually. He's a

strong, tough, little fella. Both

legs and an arm were fractured. He

has a broken pelvis and internal

injuries. His bowel and liver have

been crushed. I reckon the little

fella will recover. fella will recover. You've got to

be positive about these things.

He'll go on to play rugby, probably

as well as his father. The accident

happened in a split second. When he

realise that his brother and sister

were going off in the car, he

apparently got away from Fiona and

ran behind the car. In an unlikely

coincidence, another former

Wallabies hooker Phil Kearns

experienced a similar accident in

2006 in the driveway of

2006 in the driveway of his Sydney

home. My son that I'd let out of

the car yelled out, "You've just the car yelled out, "You've just

run over her. "did "His Daughter

made a full recovery.

A man will front court in Sydney A man will front court in Sydney

this morning will front -- charged this morning will front -- charged

over the stabbing attack on a bush

walker in the Blue Mountains. He

was arrested after being spotted by was arrested after being spotted by

a man at a supermarket in Sydney's a man at a supermarket in Sydney's west yesterday morning. west yesterday morning. I'd like to

thank the community. It was a

matter of time before this

gentleman was found and apprehended.

29-year-old Alison Foster was

assaulted and stabbed as she walked

along a bush track last Saturday.

The man has been charged with

attempted murder.

The Prime Minister has returned to

her home State of Victoria for the

first time since taking on the top

job. While Julia Gillard is yet to

call the election, both sides of

politics are already on the campaign trail. Julia

Julia Gillard makes her Melbourne

homecoming, not as a deputy, but as

the country's leader. I'm very,

very happy to be back in Melbourne

and I'm looking forward to getting

home and having the opportunity to

spend some time here in Melbourne

tomorrow. And have a sleep in your

own bed I'm sure? Own bed, own

pillow, very important. But with

bets on when an election will be

called, there's no time to rest.

Instead, the new PM hit the road,

Instead, the new PM hit the road, touring bushfire-affected

Marysville with Premier John Brumby.

Who have we got here? Into this is

Connor. Ms Gillard glad to be home

among old friends. John used to be

my boss. He was a pretty good boss

and given recent changes, I don't

know what he's going to make of

who's boss now. It's safer

territory than in Canberra, where

the Coalition's launched a scathing the Coalition's launched a scathing advertisement

advertisement accusing the new PM

of being a Labor Party puppet. So

the moral of the story is if you

keep wasting money and stuffing

things up, you could be a Labor

prime minister too. For a while anyway.

Meanwhile, Julia Gillard is

expected to unveil a tough new

policy on asylum seekers when she

announces new border protection

measures this week. According to the 'Australian' newspaper, the 'Australian' newspaper,

hundreds of refugees could be sent

home under an agreement with

Afghanistan. The new policy could

also see Sri Lankan asylum seekers

sent back. The number Prime

Minister has also invited

Australians to say what they feel

in the asylum seeker debate without

worrying about being politically correct.

Four Australian soldiers have been

wounded after their vehicle was hit by an

by an IED in Oruzgan. They were

treated at the scene and then

evacuated to a hospital in Tarin

Kowt. An Aussie soldier killed in a

helicopter crash in Afghanistan

will be farewelled at a Brisbane

funeral today. Prime Minister Julia

Gillard and observe significance

leader Tony Abbott are expected to

attend the service for Private Tim Aplin.

US General David Petraeus has

officially taken control of

Coalition forces in Afghanistan.

The general is credited with turning around the turning around the US mission in

Iraq. He face as determined enemy

and a population desperate for progress.

With as much ceremony as they could

muster in Kabul, the toughest job

in the military form early changed

hands. General David Petraeus now

assumes command of the NATO

international security assistance

Ford. General David Petraeus takes command

command of a multi-national force

swollen to 130,000 soldiers at what

he called a critical moment. We're

engaged in a contest of wills. Our

enemies are doing all that they can

to jun mine the confidence of the Afghan people.

-- undermine the confidence of the

Afghan people. On a day one British

Commander was reported as saying

the mission might last 10 more

years, never has there been greater years, never has there been greater

urgency to show more success so in

Helmand it's a showcase for the

coalition. It's a sign of progress

here that soon British troops

patrolling here will be able to do

this - take off their helmets and

wear just berets but you don't have

to go far from the district centre

here to see that the Taliban remain

a potent force. Success is a secure

population centre within this area. population centre within this area.

Even with that definition of

victory, places like this are still

too often the exception and not the rule.

Now it's official - blokes should

no longer be given a hard time for

relaxing on the coach and watching

TV. It's apparently hard-wired into

our brains. Researchers in Japan

have discovered monkeys get such as

much enjoyment as humans do watching television. watching television.

It's a pattern similar to when

babies see their mothers' smiling faces.

But with us, it's sport, like this.

Rafael Nadal won his eighth Grand

Slam title with a straight-sets

victory over Tomas Berdych. He

never looked in danger. Rafa was in

very fine touch, breaking Berdych

in the seventh game before taking

the first set 6-3. the first set 6-3. He survived

three break points early in the

second set but was then unstoppable.

He's done it! Rafael Nadal has

regained the title that he won here

two years ago. With eight maipblgs

he sits alongside -- Majors, he

sits alongside Lendl, Connors and

Agassi.

Yesterday, the Tigers beat the Swans

Swans in a thriller, lifting

Richmond off the bottom of the

ladder. Sydney's finals hopes took

another hit.

Winning is contagious at Tigerland

after starting sootoseness 0 and 9.

They've now won four out of the

past five. For our guys to show

some fight and come out on top is a terrific win and our best win terrific win and our best win to

date. Swans had led by as many as

33 points but a second-half fade-

out has the coach labelling his

side the worst in the competition.

It's a rolling season and things

change but at the moment we've lost

to the bottom team. That's what you

are. St Kilda and Geelong share top

spot after both recorded

comfortable wins. The Saints were

too good for the Demons.

too good for the Demons. The Cats

35-point winners over North

Melbourne. The Roos loss further

soured by Jack Ziebell's broken leg. Docker Michael Barlow is also

nursing a broken leg. He underwent

surgery yesterday and has been

ruled out for the remainder of the

season. Back from injury, Western

Bulldog Jason Akermanis has served

the first of his two-game

suspension in the VFL.

Queensland's State of Origin

players are warning they'll target

the Blues rookies keen to find out

if they're up to Origin standard.

Four players will debut for NSW.

Billy Slater says they should

expect a baptism of fire. It's up

to us to, you know, go out there

and put a lot of pressure on those

new guys and see if they're up to

it. It's State of Origin football

you can't hide anywhere. Queensland

will try for the first clean sweep

of a series since 1995.

Colombian police have raided a

World Cup party and seized the

World Cup trophy on display there.

It's the exact size and weight of

the number one prize but it's made

from cocaine. About $50,000 worth.

The drug runner attempted to ship

the trophy to football-mad Spain as

another piece of World Cup

memorabilia. He's earned himself a

red card, and for some time.

Ben Hilfenhaus has a clear path to

return to the Test cricket side

following Ryan Harris's knee injury.

Fabian Cancellara retains the race

leader's yellow jersey after the

first stage of the Tour de France.

And Benjamin Mitchell has lost to

Marton Fucsovics at the Wimbledon junior final.

Stocks were down on Wall Street

last week and it looks like

investors will return rather

nervously from the July 4 weekend

in the US and here with the details

for us is John Milroy for Macquarie

Private Wealth. John, it won't take

much more downward pressure before

it becomes a real bear market again,

will it? You're quite right.

Nervous is really the order of the

day andentimity is pretty poor and

that's played it out in the action

in markets in the last several

weeks as well. The main thing is

the risk of a double dip and data

out on jobs and housing last week

seems to reinforce that. We

continue to think that the

sustainable recovery in the US will

be driven by manufacturing. While

for the second half that might be

lower than the preceding six months,

we still think it's in firmly

expansionary territory. How are

things shaping up for our market

today and the rest of this week?

Quite an anaemic finish as you

mentioned but the key thing is the

RBA decision tomorrow on cash rates.

We expect it will be held at 4ness

5%, -- 4.5%, particularly given the

auction rates you mentioned earlier

and retail data out last week. The

SPI is down 30. US holiday tonight

and a weak lead-in. A slow tart to the week I think.

Thanks John Milroy. Thanks, Frank.

Tim, that's finance up to the

minute. The RBA tomorrow. We'll

have it here! From 2:30. Thanks, Frank.

That's it. See you tomorrow. Join

us again for the Morning News

coming up at 9:00.

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