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Ten Early News -

View in ParlView

(generated from captions) Live.

Good morning, everyone. I'm Ron

Wilson And I'm Kathryn Robinson.

Welcome to Ten's Early News. Our

main stories this morning - if you

smoke, you're going to be a little

poorer today, as the Government

begins the biggest crackdown on cigarettes ever.

When does he get the time to get on

the golf course? Reports that Tiger

Woods may have had affairs with as

many as 120 women.

In sport - NRL clubs begin to

circle with the troubled Melbourne

Storm forced to shed players to get

under the salary cap.

In finance - get set for the Henry

report - the biggest change for

years in the way we pay taxes

released this weekend.

Today marks the beginning of the

biggest-ever crackdown on tobacco

in Australia. Cigarettes will go up

$2 a packet from this morning. The

tax hike will put an extra $5

billion into the budget and help

fund the Government's national

health reform. It will be dedicated

to investment in more hospital beds,

more doctors, more nurses. The

Government believes the rise will

force 87,000 Australians to kick

the habit, but many smokers are the habit, but many smokers are

standing firm. We're gonna smoke.

Um... So it's just forcingtuse pay

more money for tobacco and less for

food and home - you know. Smokers

were reportedly stocking up

in. yesterday before the new tax kicked

There'll be tight security today at

the funeral of Melbourne gangland

figure Carl Williams. Williams will

be farewelled at St Therese's

church in Essendon, where his

mother Barbara and two of his arch

rivals were also laid to rest. His

ex-wife Roberta and some of her

children will be among those

eulogising him. Williams was bashed

to death in prison last week while

serving a 35-year sentence for four

gangland murders. The funeral is

expected to draw a large crowd.

Think twice before breaking the law

in Victoria from today - the police

will begin to be issued with

semiautomatic hand guns - a $700

million roll-out which is expected to take two years.

This is the latest accessory for

every Victorian police officer.

The Smith & Wesson semiautomatics

will replace Smith & Wesson

revolvers, which have been in use revolvers, which have "r 7 7EE revolvers, which have been

for 30 years. Among the key

differences, a semiautomatic can

fire 15 shots in 5 seconds. The

revolver 6, before it needs

reloading. It went through a huge

testing regime of over 1,000 hours

over 200 tests involving over 100

people. 10,000 semiautomatics with

customised grip and fittings will

be rolled out by 2012. Not soon

enough, according to some. Police

have been going up against heavily

armed offenders with superior

weapons for quite some time now. It

comes just a day after the Brumby

Government promised the biggest-

ever boost in police numbers if re-

elected later this year. And as the

November poll nears, there's every

chance the rearming of the force

may go even further. We hope that,

ah, at some point in the near

available. future, that stun-guns will be made

A gust of wind has destroyed a

multimillion-dollar piece of NASA

equipment in Australia's Red Centre.

A giant balloon was supposed to

send the NASA weather equipment

into the stratosphere, but the

launch didn't go to plan - the

expensive load was smashed to

pieces when the gondola was dragged

along the ground, hitting a car and

narrowly missing several people.

The equipment was supposed to be

part of a study into gamma rays.

Tiger Woods may be back swinging

clubs, but according to reports

today, he's confessed to cheating

with as many as 120 women during

his 5-year marriage. According to

the sensationalist 'National

Enquirer' magazine in the US, it

was a one-night stand with the 21-

year-old daughter of his next-door

neighbour which was the final straw

for his missus. The 'Enquirer'

claims Woods's wife Elin filed for

divorce after she found out 'The

National Enquirer' was

investigating Woods's alleged fling

with his neighbour, whom he'd known

since she was just 14.

Sport this morning - NRL teams are

beginning to circle as the

Melbourne Storm look to begin their

enforced clean-up of players who

are over the salary cap. As the

Bulldogs announced the re-signing

of try-scoring ace Ben Barba for a

further two years, coach Kevin

Moore concedes Melbourne players

are in his sights. Oh, you wouldn't

feel guilty about it. That's a fact

of life. It's a professional

business. If we've got a spot

available in our roster, and

there's someone else available,

whether from Melbourne or any other

club, you're entitled to seek that

person out. Storm prop Aiden

Tollman will be high on the

shopping list to replace Ben

Hannant, who wants to return to

Queensland next season.

North Melbourne coach Brad Scott

has fired the first shot ahead of

their rivalry-round AFL clash with

Melbourne. Scott took a swipe at

the number of extra picks the

Demons have received in recent

drafts. We've worked really hard to

build a talented young list. We've

done that with the draft with the

selections we been given. We haven't had the fortunate

situations of being handed priority

selections either. The two teams

afternoon. face off at the MCG tomorrow

An opening-round 4-under 68 has

Aussie Geoff Ogilvy in the mix at

the PGA Tournament at qail Hollow.

He's currently three shots off the

pace. Tiger Woods has finished his

first round - one he may like to

forget. He hit just four fairways

for the day - four bogeys and a

double bogey for a 74, although

there were some highlights.

Very easy to miss that green!

Phil Mickelson is faring much

better. He's still on course - 10

under through 2 holes. Compatriot

David Tolls is one better at 3

under, and on target on the 9th.

They're all chasing the American Bo

Van Pelt, who opened with a stunning 65.

Finance news now with Kathryn

Robinson. The tread might be coming

off an Aussie tyre. You probably off an Aussie tyre. You probably

owned one of these. Australia's

last tyre factory shuts its gates

for good today. Bridgestone has

been part of Adelaide since 1965,

but hasn't been able to compete

with cheaper Asian imports.

Canberra has pledged almost $6 Canberra has pledged almost $6

million to retrain the 600 employees.

95% of the men here have already

got into training. We've got 10 retirees, and 40-odd men are

starting their own businesses.

Workers will enjoy a final barbecue

at the plant today. All Bridgestone

tyres will now be imported from

plants in Asia and India.

The release of the Henry review on The release of the Henry review on

Sunday will herald a new era in the

way Australians are taxed. The

Government claims most people will

face lower taxes under a fairer and simpler system.

Wayne Swan calls it the biggest tax

shake-up in half a century. 115

taxes to be tinkered with or

totally overhauled. Only the GST

and tax-free superpayments for

over-60s are immune. Expect plenty

of saving incentives in the face of

an ageing population. That's going

to mean that we do need more

revenue. That doesn't mean

necessarily increasing personal

taxes, but we're going to need more

tax revenue. This review's got to

paint a scenario for doing that.

Review leaks suggest we'll see tax

breaks for term deposits. That'd be

a boom for the banks, but it has

the super industry seeing red. No

doubt there's going to be a bit of

a flow of funds that would have

gone into super heading into bank

deposits. As I said earlier, it

will be interesting to see whether

those deposits are forced to be

locked away. The family home will

remain free of capital gains -

little comfort for investors.

Negative gearing, stamp duty and

land tax are all under the hammer.

The current excessively generous

approach towards some forms of

housing actually inflates house

prices. Is actually damaging

housing affordability. The 18-month

review will include congestion tax,

and of course, income tax.

Australia's third-biggest bank has

increased its first-half profit by

36% to $1.9 billion. The $500

million increase on the same period

last year is thanks to an improving

bad debt line and recovering Asian

and Australian economies. Cash

earnings jumped 29% to $2.3 billion.

But investors weren't entirely But investors weren't entirely

happy with the result, which did

meet analysts' expectations,

cutting 2.6% off the share price.

ANZ chief executive Mike Smith

warned the economy remains

vulnerable to external shocks such

as the Greek debt crisis.

Briefly in other business news:

Wall Street has jumped overnight on

solid earnings reports and the news

that the Greek bailout deal is close to being finalised.

Checking today's newspaper Checking today's newspaper headlines.

'The Age' says the Opposition

Leader has rejected the idea of a

big Australia. Tony Abbott claims

immigration and population will be immigration and population will be

big issues at the next election.

The 'Financial Review' says changes

to the super industry could see

semp self-managed retirement funds

banned from holding exotic assets

such as stamps, jewellery and paintings.

The 'Advertiser' reports Nick

Xenophon believes Asian food Xenophon believes Asian food

imports are compromising imports are compromising Australia's national security.

And the 'Sydney Morning Herald'

says it costs the country $100,000

a year to keep breast-cancer

survivor Helen Owens alive. survivor Helen Owens alive.

After the break - details about a

Chinese man who's gone berserk at a

school, stabbing 28 students. It

was the fourth such attack in just

a month. We've got that, next.

This program is captioned live.

Headlines every 15 minutes on Ten's

Early News.

Today marks the beginning of the

biggest tobacco crackdown in our

nation's history. Cigarettes are

the prices have been increased by

at least $2 a packet. The tax hike

will help fund the Government's

national health reform.

Smokers rushing to stock up before

prices are jacked up. From today,

smokers will pay at least $2 more

per packet. The 25% hike puts an

extra $5 billion in the budget. It

will be dedicated to investment in

more hospital beds, more doctors,

more nurses. The Government

predicts the rise will force at

least 87,000 Aussies to stop

smoking. But some say they're no

quitter. We're gonna smoke. Um...

So it's just forcing us to pay more

money for tobacco and less for food

and home - you know. Rent. Plain

packaging is also hoped to quash

the urge for teenagers to spark up

and help current smokers kick the

habit. I was very happy. I thought

it was a terrific thing. Business

not so thrilled. For them to spring

something on us like this is a

severe blow to any business owner

that deals with tobacco products.

And that's just the beginning of

the biff. Tobacco companies claim

that banning well-known brand

labelling strips them of

intellectual property, and that

gives them ground to sue the

Federal Government for billions of

dollars in compensation. The PM

says they've got no chance.

Police investigating the brutal

murder of a Sydney nurse have

retraced her final movements.

Detectives took key witnesses back

to the crime scene last night to

re-enact what happened before 57-

year-old Michelle Beets was found

dying with serious stab wounds.

They've also taped off a nearby

public toilet where blood drops

have been found and are examining

an alarm in her home which was

activated. The timings are

consistent with the deceased

arriving home and the alarm being

activated just prior to that.

Detectives say it's still too early

to say if Ms Beets had disturbed a

thief in her home or if she was the

victim of a targeted attack.

Queensland nurses play hold more

rallies if the Queensland health

payroll disaster isn't fixed soon.

Nurses are frustrated and fed up,

receiving incorrect pay or no pay

at all for almost seven weeks.

Nurses demand to be heard. Sick of

being called "the caring

profession." When it comes down to

it, noben with seems to give a

(bleep) about us. Demoralising.

Jeer working for love at the moment.

Nurses with newborns - If it was

the private sector, they would have

been taken to court. Most with

mortgages. I'm angry about not

being able to pay my mortgage, or

whether I'm going to be able to buy

nappies on the way home. Many

doctors are also missing out. This

just cannot continue. It, is in

this day and age, pathetic, in a

word. Workers are also chasing

super payments. But for the state's

nurses, the Queensland Health

Minister is helpless. I understand

and sympathise with their position.

I'm as angry as they are about it.

The Minister can't say if the

problem will be fixed by next

payday. The nurse -- For nurses,

though, it's pretty simple. Show us

the money. They haven't ruled out more rallies.

In the United States, crews have

performed their first burn-off to

stop a devastating o oil spill from

reaching the coast of Louisiana.

Authorities have discovered impact

of the oil-rig explosion is a lot

worse than first thought.

They already knew it was bad. But

latest tests on the seaed beshow

the amount of oil leaking from the

sunken rig may be five times

previous estimates. Preparations

are under way in Louisiana,

Mississippi, Alabama and Florida to

set up a protective boon to

minimise shoreline impact. It is a

desperate situation that has called for desperate measures involving

these boats and an attempt to burn

the oil before it reaches the shore.

In a controlled burn, boats corral

the oil in a 500-foot-long fire-

resistant boom, then tow it to a

remote area where it's set on fire.

Each burn lasts an hour and

consumes around 7,000 gallons of

oil. These photographs show the

first controlled burn under way off

the Louisiana coast. We will

maintain those efforts until either

we stop the flow of oil or actually

we've exhausted every potential

opportunity. I don't expect that to

occur soon. Those words are hardly

reassuring when the slicks are

already so extensive they can be

seen from space, threatening the Mississippi Delta.

A man has gone on a stabbing frenzy,

injuring 28 children, 2 teenagers

and a security guard at a

kindergarten in Eastern China. It

was the fourth school stabbing in

as many weeks. The unemployed man

broke into a classroom and attacked

the 4- and 5-year-olds with a 20cm

knife, leaving some with critical

injuries. Two days ago, a man

stabbed 16 students and a teacher

at a school in southern China. That

same day, a former doctor was

executed for stabbing 8

schoolchildren to death. The

execution just coming a month after

the crime was actually committed.

Oscar Wilde made the observation

that life isn't fair. That

certainly applies to two good

Samaritans in the US. The Denver

shop workers ran to help a

shopping-mall security guard,

chasing a thief who'd stolen

electrical equipment. They grabbed

and held him until police arrived.

They were pretty proud of

themselves - until their boss

sacked them. Under their company's

policy, employees are not allowed

to restrain or subdue shoplifters.

They're both now looking for new jobs.

The Western Bulldogs and St Kilda

will kick off the AFL's rivalry

round when they clash at Etihad

Stadium tonight. Both staidz have I

said made big changes ahead of the blockbuster.

For the second week in a row,

Bulldog Matthew Boyd will watch

from the stands. Named as an

emergency, the club isn't expected

to risk its prized defender, who's

still recovering from hand surgery.

Young just long will be without Max

Rooke for its clash with Richmond.

Varcoe is back for the Cats as they

look to bounce back from their poor

performance against Carlton. Maybe

even richened would have beaten us last week. Mm.

Essendon has also made several

changes for its bitter showdown

with Hawthorn on Saturday night.

Skipper Sam Mitchell is in doubt.

He hasn't been named and will

undergo a fitness test today.

Melbourne NRL star Greg Inglis has

broken his silence on the salary-

cap scandal, claiming he's staying

put autoat the Storm. Inglis was

king of the kids at Palm Island. He

quashed suggestions he'll be

joining the Brisbane Broncos. I'm

not going anywhere. I really

wouldn't like to go anywhere. I

want to stay in Melbourne and play

for the Storm. I've been there ever

since I was a junior and they

pretty much develop mead. It comes

the same day Melbourne's playing

group rule out any legal attempt to

overturn the NRL sanctions.

More in finance now with Kath.

What's going on on Wall Street this

morning? Very different to

yesterday, Ron. The markets have

shot through the roof this morning

as investors welcomed ExxonMobil

earnings and stopped worrying about

the debt problems in Europe. Here

with the details live from New York

is. What a difference a day makes!

On Wednesday, there was nothing but

doom and gloom. Today, a very

different story. Investors seem to be brimming with confidence.

Confidence - you're absolutely

right. It's stemming from positive

employment news. We have healthy

corporate earnings to talk about,

and a merger in the tax sector.

First, weekly data pointing to

improving signs in the job market. The Government said this morning

that a number of Americans - the

number of Americans filing for unemployment benefits actually

dropped by 11,000 last week. And

that is now the second straight

week of declines. So investors are

happy about that. Wall Street's

also cheering solid earnings from

various companies like Motorola,

ExxonMobil as you mentioned, Time

Warner, and as for that tech deal I

was referring to, it is between

Hewlett-Packard and Smartphone

maker Palm. As you may know, Palm

is a struggling Smartphone maker in

the environment with Apple's iPhone

and BlackBerrys. HP is buying the

struggling company for $1.4 billion.

It is an all-cash deal. Analysts

say it's a saving grace for Palm,

quite frankly who, as I said, has

been steadily losing market share

to rivals. The merger is also a

pretty good sign that the economy

here is recovering and that

companies are comfortable parting

with their cash. Again, that deal

is a $1.4 billion in cash. All that

news is propping up stocks. In fact,

the Dow finished with a gain of

more than 100 points today. So

we'll see if that will continue.

But to the d today, as you said,

it's a new day, and we have other

things to be looking at. Indeed.

Thank you very much.

100 Ipswich locals have been told

their jobs could go with the

closure of an historic butter

factory. The Booval vactry has

produced dairy products for

Queenslanders for almost 100 years,

but the Japanese-owned National Foods has decided to move

operations to another town. If

staff can't travel, they'll be

sacked. When this news broke,

workers were devastated. They

didn't realise that that could be

happening. Workers were told when

the Japanese company took over the

business that they would be looked

after. National Foods now says

staff will be offered redundancy

and relocation packages.

Earlier this week, Mr Rudd was

accused of losing control of the

political agenda. Today, with that

new cigarette tax, he's back on top.

We'll cross live to Canberra after

the break to discuss the PM's

resurgence. And we'll of course

have more in finance when the Early News returns. of 'The Daily Telegraph' with any breakfast McValue Meal. he just won't call it that.

This program is captioned live.

Main stories on the Morning News

this morning - if you smoke, you're

going to be poorer from today as

the Government begins the biggest

crackdown on cigarettes ever in this country.

When does he get the time to play

golf? Reports this morning that

Tiger Woods may have had affairs

with as many as 120 women.

In sport - NRL clubs begin to

circle with the troubled Melbourne

Storm forced to shed players to get

under the salary cap.

And then in finance - get set for

the Henry report - the biggest

change for years in the way we pay

taxes is to be released this weekend.

Today marks the beginning of the

biggest tobacco crackdown in our

nation's history. Higher excise

will increase the price of

cigarettes by more than $2 a packet. Ten's political correspondent

Amanda Hart joins us live from

Canberra. On Tuesday, we were

saying that Kevin Rudd seems to

have lost control of the political

agenda. Hey, presto - this

headline-grabbing change of

regulations for cigarettes - it

wasn't just a quick headline grab,

was it? Well, Ron, that's what some

critics are saying. They say that

this announcement is just a

smokescreen to try to divert

attention away from the Government

backing down on the emission-

trading scheme. Now, it's one of

four backflips that the Government

has made in the past week or so.

Now, the crackdown includes a 25%

tax hike on all tobacco products

and tough new labelling laws. It's

aimed to stop about 87,000 people a

year from smoking, and the extra $5

billion a year will go into

healthcare reform. Let's have a

listen to what some of the leaders

had to say.

It will be dedicated to investment

in more hospital beds, more doctors,

more nurses. This is not a health

policy. This is a tax grab. Health

advocates are delighted by this

crackdown. Retailers say it will

hurt their bottom line. Smokers

aren't terribly happy with it, not

surprisingly. Tobacco companies

have signalled that they may

commence legal action over this. A

lot of very angry insulation

installers will be knocking on

oyour door today - not per se, but

you know where I'm going. That's

right. A group of angry

proprotesters met the Prime

Minister in February at the front

of parliament House. The same group

are coming back here today. They're

angry that the home-insulation

scheme has been permanently dumped,

and they want the Government to do

more to help them financially. Ron.

Thank you. Amanda Hart live from Canberra.

There will be a tight security

today at the funeral of Melbourne

gangland figure Carl Williams. His

mother Barbara and two of his arch

rivals were also raid lade to rest

at St Therese's. His ex-wife

Roberta and some of her children

will be among those eulogising him.

Williams was bashed to death in

prison last week while serving a

35-year sentence for four gangland

murders. The funeral is expected to

draw a very large crowd.

Think twice before breaking the law

in Victoria from today! The police

will begin to be issued with

semiautomatic hand guns - a $700

million roll-out which is expected

to take two years!

This is the latest accessory for

every Victorian police officer.

The Smith & Wesson semi-automaltics

will replace the Smith & Wesson

revolvers, which have been in use

for more than 30 years. Among the

key differences - a semiautomatic

can fire 15 shots in five seconds.

The revolver 6, before it needs

reloading. It went through a huge

testing regime of over 1,000 hours

over 200 tests involving over 100

people. 10,000 semiautomatics with

customised grip and fittings will

be rolled out by 2012 - not soon

enough, according to some. Police

have been going up against heavily

armed offenders with superior

weapons for quite some time now. It

comes just a day after the Brumby

Government promised the biggest-

ever boost in police numbers if re-

elected later this year.

And as the November poll nears,

there's every chance the rearming

of the force may go even further.

We hope that, at some point in the

near future, that stun-guns will be made available.

A gust of wind has destroyed a

multimillion-dollar piece of NASA

equipment in Australia's Red Centre.

A giant balloon was supposed to

send the NASA weather equipment

into the stratosphere, but the

launch didn't go to plan. The

expensive load was smashed to

pieces when the gondola was dragged

along the ground, hitting a car and

narrowly missing several people.

The equipment was supposed to be

part of a study into gamma rays.

Well, Tiger Woods may be back

swinging clubs, but according to

reports today, he's confessed to

cheating with as many as 120 women

during his 5-year marriage.

According to the sensational 'National Enquirer' magazine in the

US, it was a one-night stand with

the 21-year-old daughter of his

next-door neighbour which was the

final straw for his missus. The

'Enquirer' claims Woods's wife Elin

filed for divorce after she found

out 'The National Enquirer' was investigating Woods's alleged fling

with his neighbour, whom he'd known

since she was just a tender age of 14.

NRL teams are beginning to circle

as the Melbourne Storm looks to

begin their enforced clean-out of

players who are over the salary cap.

As the Bulldogs announced the re-

signing of try-scoring ace Ben

Barba for a further two year, coach

Kevin Moore concedes Melbourne

players are in his sights.

You wouldn't feel guilty about it.

That's just a fact of life. It's a

professional business. If we've got

a spot available in our roster and

there's someone else available,

whether it be from Melbourne or any

other club, you're entitled from a

club point of view to seek that

person out. Storm prop Tolman will

be high -- Aiden Tolman will be

high on the shopping list to

replace Ben Hannant, who wants to

return to Queensland next season.

North Melbourne coach Brad Scott

has fired the first shot ahead of

rivalry round against Melbourne.

Scott took aim at the number of

picks Melbourne have received in

recent drafts. We've worked hard to

build a talented list with the draft with the selections we've

been given. We haven't had the

fortunate situation of being handed

priority selections either. The two

teams face off at the MCG tomorrow afternoon.

An opening round 4-under 68 has

Geoff Ogilvy in the mix at Quail

Hollow. He's back in the clubhouse

currently three shots off the pace. Hollow. He's back in the clubhouse currently three shots off the pace.

Tiger Woods has also finished his

first round - one he may like to

forget. He his hit just four

fairways for the day, four bogeys

and a double going Boeingy for 74.

But there were some highlights.

Phil Mickelson is faring much

better - he's still on course - two

under through 13 holes. Compatriot under through 13 holes. Compatriot

David Toms on target at the ninth,

three immediate. They're all

chasing American Bo van Pelt, who

opened with a stunning 65. chasing American Bo van Pelt, who opened with a stunning 65.

More on finance now with Kathryn

Robinson. Time may be up for a

famous Aussie tyre brand? It is up,

Ron. Australia's last tyre factory

shuts its gates for good in

Adelaide today. The Bridgestone

tyre factory has been part of

Adelaide since 1965, but hasn't

Adelaide since 1965, but hasn't

been able to compete with cheaper

been able to compete with cheaper Asian imports. Canberra has pledged

almost $6 million to retrain the

600 employees. 95% of the men here

600 employees. 95% of the men here

have already gone into training.

We've got 10 retirees. And 40-odd

men are starting their own

businesses. Workers will enjoy a

final barba cue at the plant today.

All Bridgestone tyres will now be

imported from plants in Asia.

imported from plants in Asia.

Australia's third-biggest bank has

increased its first-half profit by

36% to $1.9 billion. The $500

million increase on the same period

last year is thanks to an improving

bad debt line and recovering Asian

and Australian economies. Cash

earnings jumped 29% to $2.37

billion. But investors werinant

tirely happy with the result, which

met analysts' expectations, cutting

2.6% off the share price. ANZ chief

executive Mike Smith warned the

economy remains vulnerable to

external shocks such as the Greek debt crisis.

The release of the Henry review on

Sunday will herald a new era in the

way Australians are taxed. The

Government claims most people will

face lower taxes under a fairer and simpler system.

Wayne Swan calls it the biggest tax

shake-up in 50 years. 115 taxes to

be tinkered with or totally

overhauled. Only the GST and tax- overhauled. Only the GST and tax-

free super payments for over-60s

are immune. Expect plenty of saving

incentives in the face of an ageing

population. That's going to mean

that we do need more revenue. That

doesn't mean necessarily increasing

personal taxes, but we're going to

need more tax revenue. This

review's got to paint a scenario

for doing that. Review leaks

suggest we'll see tax breaks for

term deposits. That'd be a boon for

the banks, but it has the super

industry seeing red. No doubt

there's going to be a bit of a flow

of funds that would have gone into

super heading into bank deposits.

It will be interesting to see

whether those deposits are forced

to be locked was stkpwhri. The

family home will remain free of

capital gains. That's little

comfort for investors. Negative

gearing, stamp duty and land tax

are all under the hammer.

The current excessively generous

approach towards some forms of

housing actually inflates house

prices. Is actually damaging

housing affordability. The 18-month

review will include congestion tax

and, of course, income tax.

Let's take a check of the markets

now - Wall Street has jumped on

solid earnings reports and news

that the Greek bailout deal is close to being finalised.

The world's best baguette is not

made by a Frenchman after all.

We'll show you who does make the

best French pastry when Ten's Early News returns. MORE FOR YOU SHORTLY ... IT'S BEEN REVEALED, PEOPLE DRIVERS IN THE CAPITAL, ARE LONDON CIRCUIT, AND MORNING, UNTIL MONDAY LIST, FOLLOWED BY THE TODAY'S WEATHER DETAILS... SOUTH AUSTRALIA MOVES EAST WEEKEND. DUBBO WITH A TOP OF 21 - PARKES - MOSTLY SUNNY AND

This program is captioned live.

Headlines every quarter-hour on

Ten's Early News.

Today marks the beginning of the

biggest tobacco crackdown in our

nation's history. Cigarette prices

have been increased by at least $2

a packet. The tax hike will help

fund the Government's national health reform.

Smokers rushing to stock up before

prices are jacked up. From today,

smokers will pay at least $2 more

per packet. The 25% hike puts an

extra $5 billion in the budget. It

will be dedicated to investment in

more hospital beds, more doctors,

more nurses. The Government

predicts the rise will force at

least 87,000 Aussies to stop

smoking. But some say they're no

quitter. We're gonna smoke. Um...

So it's just forcing us to pay more

money for tobacco and less for food

and home - you know. Rent. Plain

packaging is also hoped to quash

the urge for teenagers to spark up

and help current smokers kick the

habit. I was very happy. I thought

it was a terrific thing. Business

not so thrilled. Frfrplgt them to

spring something on -- spring

something like us on this is a

severe blow to any business owner

that deals with tobacco products.

And that's just the beginning of

the biff. Tobacco companies claim

that banning well-known brand

labelling strips them of

intellectual property, and that

gives them ground to sue the

Federal Government for billions of

dollars in compensation. The PM

says they've got no chance.

Police investigating the brutal

murder of a Sydney nurse have

retraced her final movements.

Detectives took key witnesses back

to the crime scene last night to

re-enact what happened when 57-

year-old Michelle Beets was found

dying with serious stab wounds.

They've also taped off a nearby

public toilet where blood drops

have been found and are examining

an alarm in her home which was activated.

The timings are consistent with the

deceased arriving home and the

alarm being activated just prior to

that. Detectives say it's still too

early to say if Ms Beets had

disturbed a thief in her home or if

she was the victim of a targeted attack.

Queensland nurses may hold more

rallies if the Queensland Health

payroll disaster isn't fixed soon.

Nurses are frustrated and fed up

receiving incorrect pay or no pay

at all for almost seven weeks.

Nurses demand to be heard. Sick of

being called "the caring

profession." When it comes down to

it, no-one seems to give a (bleep)

about us. Venting so patients

weren't affected during their lunch

break. Demoralising. We're working

for love at the moment. Nurses with

newborns. If it was the private

sector, they would have been taken

to court. Most with mortgages. I'm

angry about not being able to pay

my mortgage, or whether or not I

will I can buy nappies when I go

home. Doctors also missing out.

This cannot continue. In this day

and age, it's puck pathetic in a

word. Workers also chasing super

payments. But the Queensland Health

Minister is hopeless. I understand

and sympathise with their position.

I'm as angry as they are bow tut.

The Minister can't say if the

problem will be fixed by next

payday. For nurses, though, it's

all pretty simple. Show us the

money. They haven't ruled out more rallies.

Meanwhile, the Queensland

Government will haul public-school

teachers to the industrial umpire

today for the second time in a

month. The Government sought orders

yesterday from the Industrial

Relations Commission to make it

illegal for teachers to boycott the

mid-May national assessment program,

literacy and numeracy tests. The

teachers' union says most of its

40,000 members voted not to

supervise the tests because of

concerns. The results will be --

concerns the results will be used

to create unfair league tables on

the Federal Government's new My

School website.

The Governor of Louisiana has

declared a state of emergency

because of that massive oil spill

in the Gulf of Mexico, which has is

threat ening there coast. US

weather predictors suspect it will

reach the coast tomorrow. 10

wildlife refuges are in their path.

Crews have performed the first

burn-off to stop the spill from

reaching the coast. Authorities

battling the emergency say they've

discovered the problem is much

worse than they first feared.

Dramatic pictures have emerge

offend gunmen take twoing workers

hostage after robbing a pawnshop in

Mexico. The men tried to steal

jewellery worth more than $10,000.

A quick-thinking worker alerted

police, but it sparked a siege. The

thieves swapped a hostage for a

police car, speeding away with 100

officers right behind them. They

didn't get too far, though - they

were cornered in bushes nearby.

The French pride themselves on

their very French pastry! Don't

laugh. But the title "the world's

best baguette" has gone to a baker

born and bred in Senegal. Djibril

Bodian won on his third attempt. He

has worked in his father's bakery

in Paris since he was a teenager.

As well as the $5,500 supplies, he

won the right to supply French won the right to supply French bread to the French President,

Nicolas Sarkozy's table, at the

Elyseesen and palts. Customers are

now crowding into his father's shop

to get a taste of those baguettes

for themselves. Bodian insists,

though, that he isn't in it - do I

have to say that? Bodian insists

he's not in it for the dough.

Yes, mail to Brian on that, please.

St Kilda and Essendon will clash at

Etihad still a Stadium tonight.

Both sides have made big changes

ahead of the blockbuster. Both sides have made big changes ahead of the blockbuster.

For the second week in a row,

Bulldog Matthew Boyd will watch

from the stands. Named as an

emergency club isn't expected to

risk its prized defender, who's

still recovering from hand surgery.

The Dogs who do, however, welcome

back Ryan Hargrave at the expense

of Brodie Moles.

Geelong will be without Max Rooke

for its clash with battlers

Richmond. Travis Varcoe is back for

the Cats as they look to bounce

back from their poor performance against Carlton. Maybe even against Carlton. Maybe even

Richmond would have beaten us last week, mm.

Essendon has also made several

changes for its bitter showdown changes for its bitter showdown with Hawthorn on Saturday night.

Skipper Sam Mitchell is in doubt.

He hasn't been named and will

undergo a fitness test today.

It is D-day for Israel Folau, with

this team, the Brisbane Broncos,

demanded he decide on his future at

the club. Folau's contract with the

Broncos expires at the end of the

season. It does have an extra 2-

year option, but that needs to be

triggered today or it's off the

table. But Folau is expected to

announce he'll defect to rugby

union next year with links to the

Melbourne Rebels. There are also

reports Western Sydney's new AFL

franchise is chasing the 21-year- old.

In the NBL, Andrew Bogut's

Milwaukee Bucks are on the verge of

a conference semifinal spot after

upsetting the Atlanta Hawks. With

Bogut out injured, rookie Brandon

Jennings stepped up, finishing with

twoifbg individual points. The

Bucks stealing the win with this -

Jennings had 25 points. What a bucket!

Milwaukee got home by 4, 91-87.

They now hold a 3-2 lead in the best-of-7 series.

The Dow Jones has shot back up this

morning as investors welcome strong

corporate earnings results and

seemed to stop worrying about the

debt problems in Europe. Here with

the details is sour Friday expert, James Rosenberg from Macquarie

Private Wealth. James, who would

have thought - yesterday, or on

Wednesday, in fact, the doom and

gloom started. Today, everyone

seems to be brimming with

confidence? Yes, finally. It's good

to see a bit of a turnaround. We've

felt like meerkats the last few

days, nervously waiting for the

next bad built of news out of

Europe. A diverse range of good

results from companies such as

Exxon, Motorola and Star Ward saw

the Dow Jones with its biggest rise

for six weeks, that will bode very

well for today. Hopefully, debt

fears are put aside for more than

just a day or two. But I suspect

there may be more to come out. You

mentioned it's looking like a good

day on our market today? Yes. The

futures are pointing to about a 40-

point increase after that very

solid lead from Wall Street. Little

bit of nervousness, but hopefully a good day.

OK. Thanks very much, James vfplts

a good weekend. Thank you.

James Rosenberg from Macquarie

Private Wealth.

Ron, that is finance for the week!

Lovely doin' business with you.

Likewise. Business! Sorry. One of

those mornings.

Now let's check what's happening

across the weekend with

meteorologist Magdalena Rose at the

Weather Channel. Another weekend in

paradise. Can it get any better

than this? It probably doesn't.

Good morning, Ron. than this? It probably doesn't. Good morning, Ron. It will be

absolutely gorgeous across most of

the country. We're blessed with

calm and settled weather thanks to

a couple of high-pressure systems

that are not only dominated the

west, as you can see, but also

across the south-east. Underneath

all of this, we're seeing beautiful,

clear skies. All we have to watch

out for is a cold front crossing

the south-east on Sunday. That will

deliver around 1-2mm for Victoria,

and around 5-10mm for western parts

of Tassie. Apart from that, it's

looking pretty good. Even

Queensland. We've got some onshore

winds. They're mainly delivering

showers to the tropics. Areas like

Brizzie should basically stay dry

for the weekend. A slight chance of

show orn Saturday and Sunday.

A chance of a shower - 19 degrees -

for the Logies - but it would have

cleared in time for the arrivals.

It should stay dry, but chilly.

Probably see a few goose bumps on the red carpet.

A perfect weekend of weather for

footy too in Sydney, Ron. We'll

take it. Magdalena, thank you.

Thanks, Rony. Are you twins

separated at birth? We seem to

coordinate. It's strange. Looking good.

News is at 9:00 before 'The Circle'.

The first segment of this bulletin

is on the Ten News website. I'm Ron

Wilson. And I'm Kathryn Robinson.

Thank you for joining us. Have a