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(generated from captions) This program is captioned This program is captioned live.

Good morning. Welcome to Ten News.

Today - hundreds of Australians pay

tribute to our diggers in northern

France as Remembrance Day France as Remembrance Day ceremonys

are held across Europe.

The Senate passes a Bill The Senate passes a Bill demanding

an emergency summit on the future of

of debt-stricken childcare

provider ABC Learning.

In sport, picking up the pieces -

Ricky Ponting faces the music

after returning from a series loss in India.

And in finance news, a bleak night

on Wall Street amid fears that

General Motors is on the collapse. General Motors is on the verge of

Quick check of the weather:

Europe has marked the 90th

anniversary of the end of WWI with

ceremonies in London and across

France. Governer-General Quentin

Bryce has joined the French President and Prince Charles in

laying wreaths in the service in Verdun.

Verdun. For the first time, Verdun. For the first time,

hundreds of Australians marked

Remembrance Day in the French town

of Villers-Bretonneux.

It's fields are now covered with

crops and its hills with head

stones. In the Somme, much has

changed in 90 years, but changed in 90 years, but the

memory of the men who died here memory of the men who died

lives on. Thank you for all who

gave their lives in the fight

against tyranny in the pursuit of

peace. For the first time, hundreds

have marked Remembrance Day in

Villers-Bretonneux. I heard the

story of Villers-Bretonneux when I

was ten years old and I'm now 72

and I got here.

Australians and locals stood side

by side to honour the sacrifice

made by the 1,500 diggers who liberated

liberated the area in 1918. They

were obviously well received and fondly remembered and had something

that nobody else had. It's nice to

be accepted as a local here, being

Australian. It's hoped this event

will now not only be a tradition,

but that it becomes so popular, it

rivals other Armistace day

Sarkozy celebrations in Europe. Nicolas

Sarkozy paid respects with Governer-General Quentin Bryce, and

in Belgium, many gathered at the

Men in Gate to remember those who

died with no known grave. It may be

nine decades since the guns fell

silent, but the chore us of

gratitude grows louder each year.

DNA tests will be carried out on

the remains of Australian and British

British soldiers found in a mass

grave in France. The bodies of more

than 400WWI troops were unearthed

in Fromelles in May. The Australian

and British governments have agreed

to pay for DNA testing on a

selection of remains. If successful,

more tests will be carried out in

living relatives. order to match the remains with

Back home and the Senate has passed

a bill overnight demanding an

urgent summit on the future of ABC

Learning. Control of more than 400

ABC Learning centres is now up for

grabs in a bid to save the

unprofitable childcare operators

from closing their doors. from closing their doors. Deputy Prime Minister Julia Gillard has

called for other childcare

operators to put forward biz for

the centres, now facing closure

after the collapse of ABC Learning.

The Government will continue to

work closely with all stake holders

to maximise certainty and stability

in the provision of childcare

services because we understand services because we understand how

vital that is for mums and dads

around this country. Taxpayers will

fork out $22 million to ensure all

centres stay open, but only until

the end of the year.

A gunman remains on the loose after

a drive-by shooting in Sydney's

West overnight. A man aged in his

50s was injured after a number of

shots were fired into a house in

Fairfield at around 11:30. He's now

in a stable condition in hospital.

The home was targeted in a drive-by shooting less than two months ago.

NSW MP Tony Stewart is threatening

legal action after being sacked

from the front bench. An independent report found Mr Stewart

verbally abuetsed a staff member

and then lied about the incident.

Tony Stewart is refusing to back

down. The now former Small Business

Minister denies claims he verbally

abused a staffer and held her leg

down at a charity dinner last down at a charity dinner last month.

Mr Stewart told Parliament he's

been denied justice and is taking

legal action over a report that he

claims was based on hearsay. His

sacking was the last thing that

premier Nathan Reece wanted to

premier Nathan Reece wanted to deal

with as the Budget faces a deficit

and a raft of new taxes. The Budget

delivered today is tough but fair A Budget that will correct the

mistakes of the past.

The biggest surprise - the country's

first congestion tax. The Harbour

Bridge toll will rise from $3 to $4

in peak hour, on top of a $10 rise

in compulsory green slips. Families

will also be hit with new school

bus fees. There is nothing in this

Budget for them that will make a

difference in these tough economic times. The bupbl budge is hoping

to deliver a small surplus and to

win back voters in time for the

2011 election.

The Federal Government's fuel wooch

scheme is expected to be killed off

in the upper house today. Key independent senator Nick Xenophon

will reportedly side with the

Opposition and vote down the bill.

Mr Xenophon says he's not

convinced that the petrol price

motorists. monitoring scheme would benefit

motorists. The Government needs the

support of all balance of power

senators for the legislation to

pass and may decide to defer the vote.

Barack Obama has laid a wreath in

honour of fallen Americans. It is a short

short break from his busy schedule

as he continues to choose leadership team. as he continues to choose his Barack Obama looks more

presidential every day. On this

Veteran's Day, the president-elect

elect laid a breathe. Obama is

expected to remain in Chicago

throughout the week as he huddles

with survivors, mulling over

choices for staff and mapping out

his administration. Aides say no

cabinet positions will be

announced this week. There is word announced this week. There is

that Barack Obama will not atend a

weekend summit on the global

economic crisis. His spokesman says

there is only one president at a

time. Obama was here at the White

House on Tuesday visiting the oval

office. He had a private meeting

including a rescue plan for the

struggling auto industry, and an

economic stimulus package now

before he takes Office. Both said

that the meeting was relaxed and

friendly. Michelle Obama met the

first lady Laura Bush and took a

tour of the living quarters. Mrs

Obama stayed behind after her

husband left to begin the process

of finding a school. The Obama family move to Washington in

January as he takes the oath for

the nation's 44th US President.

Ricky Ponting maintains he had no

option but to bowl his part option but to bowl his part timers

when the fourth Test against India

was up for grabs on Sunday

afternoon. Arriving back in Sydney, Ponting says there's no Ponting says there's no guarantee

that different tactics would have

led to an Australian victory.

The Australians back home and still

under scrutiny, but Ricky Ponting

isn't backing down. I still feel

that the decisions I made weren't

negative at all. The Aussies

filing back into Sydney after seven

weeks on the subcontinent with several Test greats queuing up to

criticise the skipper. I've only

ever copped any criticism when we've

lost a series. 2005 Ashes and now

this series here. Awaiting the

wounded Aussie, an equally fragile

New Zealand. I'm sure they'll be

hurting as a side after losing the

Test series so they'll come back

strong. So it is almost a worse

position to be in. They'll take

Australia in Brisbane next Thursday.

We're all looking forward to getting

back into it as soon as we can to

turn it around. Cameron White isn't

expecting to hold his place in expecting to hold his place in the

team. Obviously, yeah just with the

team make-up and the conditions

there, I would be very surprised.

Most of the skwhraud play a Twenty

20 match at the Gabba on Friday.

Novak Djokovic is the first play into the semifinals of the tennis

Masters in Shanghai after back to

back victories. He took the first

set against Nicolei Davydenko. He

then made 17 unforced errors in

the second and recovered to win 7-6,

0-6, 7-5. Boy, did he have to work

hard for that win. He place Jo

Wilfred Tsonga in the final group

match. Although the Frenchman can't

qualify for the semis after a

straight sets loss to Juan Martin

del Potro.

Boomers coach Brian Goorjian has

called on basketball Australia to

act on proposed changes if the game

is to survive. The NBL would hand

control back to Basketball

Australia and State bodies, and

Goorjian sigh it is can't come

quickly enough. All the people

playing the game are very

supportive of a reform. We need change. Goorjian also believes

struggling NBL clubs will have to

fold to begin a revolution similar

to that with Australian soccer just

a few years ago.

The NBL may be struggling but so

are a lot of other places. In

finance, businesses are doing it tough.

There's a few jitters out There's a few jitters out there.

Business confidence has plummeted

to the lowest level on record.

According to the latest NAB survey,

confidence fell 21 points in

October. The lowest level since the

survey began in 1997. But, it's not

all doom and gloom. Most of all doom and gloom. Most of the

responses to the survey were made

before the most recent interest

rate cut and before China nouned

the $884 billion stimulus package. Asciano

Asciano has called a trading halt

after the share price crashed 60%.

The sell off was sparked by a

massive downgrade by a massive downgrade by a Citigroup

analyst. Asciano said that it is

under no pressure to refinance debt.

Insurance Australia Group

indicated that it is willing to

negotiate with a fresh buyer after rejecting a takeover officer

earlier this year from QBE. The IAG

Board has come under fire from

shareholders after they reported shareholders after they reported a

$261 million net loss. Chairman

James Strong revealed to investors

that QBE had offered 1% above IAG's

share price and demanded control of

the board and management.

Briefly, and American Express has

been granted full status as a bank

by the US Federal Reserve. Virgin

blew has cut the fuel sur charge on its air

its air fairs.

Opt us will reveal its second

quarter results.

Wall Street has dived amid fears

that General Motors is on the brink

of collapse after it announced

another 2,000 job losses.

Now for the national weather Now for the national weather for Thursday:

Checking this morning's newspaper

headlines - the 'Sydney Morning

Herald' has more on the big taxing,

low spending minutey Budget

unveiled by the NSW Government. The 'Financial Review' reports

rumours of impending bankruptcy at

General Motors has sent Asian

stocks tumbling. And

And the Adelaide ' Advertiser' is

hoping that the Adelaide United

will win tonight. Public

Public swimming pools shut down in Queensland's Gold Coast. The

details when we come back. VOICEOVER: Featuring airconditioning, power windows and alloy wheels, new Mazda3 Neo Sport from only $20,490. (Locks car) SONG: # Zoom, zoom, zoom. # Leave live

This program is captioned live. This

This is Ten News. Told, Europe

marks the 90th anniversary of the

end of WWI.

The Governer-General atending a

Remembrance Day service in northern France.

France.

Dumped NSW minister Tony Stewart to

take legal action over claims that

he abused a female staff member.

In sport, picking up the pieces.

Ricky Ponting faces the music

after returning from a series loss in India.

And in finance news, economic

growth forecast in the spot light today

today when Treasury Secretary Ken

Henry faces a grilling at the

National Press Club.

But first, Remembrance Day

ceremonies have continued across Europe with the Europe with the French President

paying tribute to the thousands of

soldiers who lost their lives in France. France. Governer-General Quentin Bryce joined Nicolas Sarkozy in

laying a wreath at the service in

Verdun, the site of one of the

longest battles of the Graept War.

Fighting around the town left

90,000 men unidentified. Today, they

they were remembered in silence.

At Verdun, the French President led

the tribute to more than 300,000al

lied troops who lost their lives in

this eastern corner of France.

Prince Charles was guest of honour

at the ceremony win underlined the horrific scale of the casualties.

For four years, they fought to a

standstill. The remains of the dead

had to be picked from blackened

fields. Their bones now lie in the

ossary, a memorial flame

illuminates the endless columns of

young lives lost. Hundreds of

Australians have marked Remembrance

Day with a special service in the French town of Villers-Bretonneux.

It's the first time a ceremony has

been held on the site where 1,500

diggers lost their lives liberating

the area in 1918. I heard the story

of Villers-Bretonneux when I was

ten years old, and I'm now 72. And

I got here.

It's hoped the ceremony will

become a tradition for Australian

travellers like the Anzac Day

pilgrimage to Gallipoli.

Back home, and the Senate has

passed a Bill demanding an urgent

summit on the future of the

collapsed ABC Learning. The Greens

say the Government needs to ensure

the childcare sector is not

dominated by a single corporation

in future. ABC Learning was placed

into voluntary administration, but

they're ensuring that all centres

are likely to stay open until the

new year. The Government is calling

for other childcare operators to

put forward bids for the more than 400 childcare centres facing closure.

NSW MP Tony Stewart has vowed to

take legal action after being

dumped from the front bench. The former small business minister was

sacked after an inquirey found that

a staff member. he had lied after verbally abusing

In

the new Budget, there has been a

freeze on health freeze on health spending. The Budget delivered today is tough but

it is fair. A Budget that will

correct the mistakes of the past

and set NSW up for the future. The

Budget remains more than 900

million in the red.

Public swimming pools on the Gold Public swimming pools on the Gold

Coast will be closed today Coast will be closed today amid

fears swimmers could receive an

electric shock. Routine tests have

found strong electrical currents in

the water, but the cause is still not known. Unaware of the possible dangers,

swimmers in the Gold Coast continue

to train, but a routine maintenance check by authorities found strong

electrical currents in the water.

and Gold Coast authorities stepped in

and closed the pool. I think it's

a disaster. We're not allowed to

train here for three or four weeks.

The unexplained currents were well

above Australian authorities. After further

further tes, they revealed that all

seven public pools were faked. But

some doubt the risk after safety officers

officers fail today close the pools

immediately. If it was that

critical, they would have had us

out. That will be a blow to Gold

Coast swimming with major carnivals

three weeks away. If we had to lose

three weeks at this point in the

season, it would lose the

possibility for any of these kids

to make their first Australian Open team. A

A pyramid has been discovered

A pyramid has been discovered in Egypt which is believed to be more

than 4,500 years old.

Archaeologists have been

excavating the site for two years,

but only recently realised the

five metre tall structure was a

pyramid. It is said to belong to a

Queen who was the mother of King Teti.

Two tiger cubs have found

themselves an unusual new mum. By

day, Anjana the chimpanzee is a

star performer, but she recently took

took on another job as a surrogate

parent to the cubs. She feeds and

bathes and sleeps with the cubs,

but the keepers will be watching

the new family to ensure that play

time doesn't get too rough.

Most of Australia's cricketers are

home from India, but Ricky

Ponting's tactics during the fourth

Test are still being scrutinised.

About half the squad tiled into

Sydney overnight to be greeted by

loved ones. The skipper was met

loved ones. The skipper was met by

tough questions. I've only ever

copped any criticism when we lost a

series. 2005 Ashes and now this

series here. Ponting insists slow

over rates men he had no other

option but to bowl his part timers

when the fourth Test was in the

balance on Sunday afternoon.

Ben Cousins's manager says his

client is near breaking point as

the AFL's meeting to decide his

playing future draws closer. He

should learn his fate next Tuesday. Manager Ricky Nixon says the

former Eagle is not coping well.

The amount of stress that everybody

is under, it's almost volcanic at

the moment and it is not far the moment and it is not far off

exploding. The 2005 Brownlow

medallist has spent the last 12

months on the sidelines, suspended

for bringing the game into disrepute.

While some men shelve the razor for

movember, there's another category.

Who would have thought that there

were 17 different categories at the

European Beard and Moustache championships.

championships. This effort was good

enough for the top prize in the

so-called freestyle section. He's

getting ready to take on the world

in Alaska in May.

The local share market is expected

to open in the red after another bleak night on Wall Street. Juliana

Roadley from Commsec joins us live

now. Good morning. Renewed

recession fears also in the US? Yes,

I think the big concern in the US

overnight is how long this collapse

is going to take, and how long it

is going to take for all these

global nations to recover. Now,

overnight, we've seen the DOW off

by 300 points. It has regained in

the last half hour of trade. We're

now down 100 points and NASDAQ down

22. There's still weakness for

General Motors. Concerns of how

long this company will last.

Yesterday, we saw the shares go to

a 60-year low, and further this

morning. But in the last half hour

of trade, there has been a new of trade, there has been a new rescue package coming out for the

leading mortgage holders in the US.

Yepd unfortunately, more weakness

coming through in the European

markets and the Asian markets. The

big ones all down 3% to 5%. Here at

home, our markets fell off heavily

fauing below the 4,000 point level

which is a key indicator. And this

morning, it looks like we're headed

south again. And the price of oil south again. And the price of oil

continues to fall as well? Yes, the

price of oil is now at a 21-month

low. This is great news for motorists. We've seen the wholesale

price, the price for Singapore

gasoline which is what most

Australian companies buy, falling

now to a 3.5 year low. This means

we could see anywhere from 5 to 10

cents coming off the petrol price

at the pump next week.

Thank you.

Treasury's economic forecasts will

come under scrutiny today when

secretary Ken Henry addresses the

National Press Club in Canberra.

The Federal Opposition has accused

Henry of inflating figures to save

the Government of embarrassment.

Trelsurey forecast 2% growth while

the Reserve Bank forecast just 1.5%.

Briefly in other news:

Here's the outlook around Australia: The Government's FuelWatch scheme

to be officially canned. That's coming up.

This program is captioned live.

This is Ten News. Today, hundreds

of Australians pay tribute to our

diggers in northern France as

rememberance day services are held across across Europe.

The Senate passes a bill demanding

an emergency summit on the an emergency summit on the future of debt-stricken childcare

provider ABC Learning. provider ABC Learning.

In sport, picking up the pieces - Ricky Ponting faces the music

after returning from a series

defeat in India.

And in finance news, a wild ride on

Wall Street this morning amid fears

auto giant General Motors is on the auto giant General Motors is on the

verge of collapse.

Checking the weather briefly: Europe has marked the 90th anniversary

anniversary of the end of WWI with

ceremonies in London and across

France. Governer-General Quentin

Bryce has joined the French

President and Prince Charles in

laying wreaths at the service in Verdun. Verdun. For the first time,

hundreds of Australians marked

Remembrance Day in the French town

of Villers-Bretonneux. Its fields are now covered with

crops and its hills with head

stones. In the Somme, much has

changed in 90 years, but the memory of the men who died here

lives on. We thank you for all who

gave their lives in the fight

against tyranny in the pursuit of

peace. For the first time, hundreds

have marked rememberance day in

Villers-Bretonneux. I heard the

story of Villers-Bretonneux when I

was ten years old, and I'm now 72.

And I got here. Australians and

locals stood side by side to honour

the sacrifice made by the 1,500

digger whos liberated the area in

1918. They were obviously very well

received and have been fondly remembered, so they had something

that nobody else had. It's just

nice to be accepted as a local nice to be accepted as a local here,

being Australian. It's hoped this event

event will now not only be a

tradition, but that it becomes so

popular, it rivals other Armistace

day areas.

In Verdun, Nicolas Sarkozy paid In Verdun, Nicolas Sarkozy paid his

respects with Governer-General

Quentin Bryce, and in Germany, many

Quentin Bryce, and in Germany, many gathered to remember those who died

with no known grave.

It may be nine decades since the

guns fell silence, but the chorus

of gratitude grows louder each year. In Villers-Bretonneux, Danielle

Isdale Ten News.

DNA test also be carried out on the

remains of Australian and British

soldiers found in a mass grave in

France. The bodies of more than

400WWI troops were unerlted in the

outskirts of Fromelles in May. The

Australian and British governments

have agreed to pay for DNA testing

on a selection of remains. If

successful, more DNA tests will be

successful, more DNA tests will be

carried out. No A gunman remains on

the loose after a drive-by shooting

in Sydney's west overnight. A man

in his 50s was injured after a in his 50s was injured after a

number of shots were fired into a

house in Fairfield. He's now in a

stable condition in hospital. The home stable condition in hospital. The home was targeted in another drive-by shooting less than two

months ago.

The Senate has passed a bill

overnight demanding an urgent

summit on the future of ABC

Learning. Control of more than

400ABC Centres is now up for grabs

in a bid to save the unprofitable

childcare operators were closing

their doors. Deputy Prime Minister Julia

Julia Gillard has called for other

childcare operators to put forward

bids for the centres now facing

closure after the collapse of ABC.

The Government will continue to work

work closely with all stake holders

to maximise certainty and stability

in the provision of childcare

services, because we understand how

vital that is for mums and dads

around this country. It will around this country. It will cost

taxpayers $22 million to ensure all

centres stay open, but that's only

until the end of the year. The Government's FuelWatch scheme

is expected to be officially killed

off in the upper house today. Key independent senator Nick Xenophon

will reportedly side with the

Opposition and vote down the bill. Mr Xenophon says

convinced the petrol price convinced the petrol price monitoring scheme would benefit

motorists. The Government needs the

support of all balance of power senators for the legislation to

pass, and may decide to further

delay the vote. NSW

NSW MP Tony Stewart is threatening legal action after being sacked

from the front bench. An independent report found that he

verbally abused a staff member

then lied about the ins department.

Tony Stewart is refusing to back down. The now former Small Business Minister denies claims he verbally

abused a former staffer and held

her leg down at a charity dinner

last month. Mr Stewart told

Parliament last month that he's been

been denied justice and is taking

legal action over a report he claims

claims was based on hearsay. His

sacking was the last thing the Premier wanted to deal with as Premier wanted to deal with as the

Government unveiled a $917 million

Budget deficit and a raft of new

taxes. The Budget delivered today

is tough but fair. A Budget that

will correct the mistakes of the

past and set NSW up for the future.

The biggest surprise - the country's

first congestion tax. The Harbour

Bridge toll will rise from $3 to $4

in peak hour, on top of a $10 rise

in compulsory green slips. Families

will also be hit with new school

bus fees. There is nothing in this Budget

Budget for them that will make a

difference in these tough economic

times. The Government is hoping to

deliver a small surplus next year

and to win back voters in time for

the 2011 election.

Barack Obama has returned Barack Obama has returned to Chicago after holding talks with

President George Bush at the President George Bush at the White

House. Both parties said the

meeting was constructive and a range of topics was discussed, including the global financial

crisis. The president-elect laid crisis. The president-elect laid a

wreath at a Remembrance Day ceremony in Chicago today, ceremony in Chicago today, before

getting back to the business of

choosing his leadership team. His wife Mitchell stayed behind in

Washington to look at schools for

their two daughters.

Ricky Ponting insists he had no

other option but to bowl his part

timers when the fourth timers when the fourth Test

against India was in the balance on

Sunday afternoon. He arrived back

in Sydney and says there's no guarantee different tactics would

have led to an Australian victory.

The Australians back home and stim

under scrutiny, but Ricky Ponting

isn't backing down. I still feel

that the decisions I made weren't

negative at all. The Aussies negative at all. The Aussies filing back into Sydney after seven

weeks on the subcontinent with

several Test greats queuing up to

criticise the skipper. I've criticise the skipper. I've only

ever copped any criticism when we

lost a series. The 2005 Ash and now

this series here. Awaiting the

wounded Aussies - an eel qualy

fragile New Zealand. I'm sure

they'll be hurting as a side after

losing the Test series, so they'll

come back strong. It's almost a

worse position to be in than if

they won the series. They'll take

on Australia in Brisbane next

Thursday. We're all looking forward

to getting back into it as soon as we we possibly can. Cameron White

isn't expecting to hold his place

in the team. Obviously just with

the team make up and the conditions,

I would be very surprised. Most of

the squad will play a Twenty 20

match at the Gabba on Friday.

Adelaide United coach Mark Viduka

has just -- Aurelio Vidmar has just

14 players to choose from at the

return leg. Japanese side Gamba

Osaka holds a 3-0 aggregate lead.

Frank Sinatra sang that, didn't he.

That's how it is. That's what we've

got and we have to do our best.

Adelaide would become the first ever Australian club to pick up international silverware if it

pulls off an unlikely win.

Novak Djokovic is the first player Novak Djokovic is the first player

into the semifinals of the tennis

Masters Cup in Shanghai. He took

the first set against Nicolei

Davydenko in a tie break, but then

made 17 unforced errors in the

second set. He recovered to win 7-6,

0-6, 7-5.

COMMENTATOR: He's done it. But boy,

did he have to work hard for that

win. Djokovic plays Jo Wilfred

Tsonga in his final group match,

but the Frenchman can't qualify for

the semis. He had a straight sets

loss to Juan Martin del Potro.

No Djokovic-like come back for big business. In finance, they're doing it tough.

Yes, not a time to be running a company, but business confidence

has plummeted to the lowest level

on record. According to the on record. According to the latest

NAB survey, confidence fell 21

points in October. That's its

lowest level since the survey began

in 1997. But, it's not all doom and

gloom. Most of the responses to the

survey were made before the most

recent interest rate cut and before

China nounsed the $884 billion

stimulus package.

Insurance straim Group indicated

that -- insurance Australia Group

that it is willing to negotiate

with a new buyer. The IAG board has

come under fire after the company

reported a delrp261 million net

loss in the past financial year.

Chierm James Strong revealed to

investors that QBE had offered 1%

above IAG's share price and

demanded control of the board and management.

Looking at the world markets now

and Wall Street and a Government

rescue package has helped Wall

Street recover in late trade.

The national weather for Thursday -

Brisbane cloudy and 26. Sydney 24.

Canberra 27. Melbourne is in for a

hot and sunny day today. Adelaide

even hotter and 36. But increasing

cloud. And Perth, mostly cloudy but

only 23. Checking the newspaper front pages,

the 'Australian' reports NSW water

minister Phil Costa yesterday

denied the Federal court leaving a

team of safety inspectors on a

construction site no. El

construction site no. El The

'Sydney Morning Herald' has more on

Asciano's business woes.

The 'Courier Mail' says new

legislation could see husbands

miss forced to pay maintenance to their

miss stresses, even after the affairs

affairs end.

Two tiger cubs find themselves an

unusual new mother. We'll have the

details when we come back. NELSON... COMING UP IN THIS GOOD MORNING, I'M FIONA NEWS UPDATE, IN THE CAPITAL PETROL PRICES TO DROP AGAIN MORE ON THAT STORY SOON... STORY SOON... OF PRIMARY INDUSTRIES FIRST UP, A NEW DEPARTMENT REPORT, SHOWS GOOD RAIN LAST MONTH, HAS HELPED PARTS OF NEW SOUTH WALES... BUT THE SOUTH EAST, IS STILL FEELING THE EFFECTS OF THE DROUGHT. BRAIDWOOD, COOMA AND BOMBALA, ARE AMONG THE

REGIONAL AREAS STILL STRUGGLING THROUGH THE DRY TIMES. PETROL PRICES HAVE DROPPED, FOR THE SECOND TIME IN AS MANY WEEKS, WITH THE SAVINGS EXPECTED TO REACH THE CAPITAL WITHIN DAYS. WHILE THE AUSTRALIAN INSTITUTE OF PETROLEUM PETROLEUM SAYS, THE NATIONAL AVERAGE IS JUST CANBERRANS ARE PAYING LESS OVER A DOLLAR 30 A LITRE,

MOST STATIONS AROUND TOWN. THAN A DOLLAR 25 A LITRE AT CUSTOMERS CAN EXPECT TO PAY MEANWHILE IN COOMA, DOLLAR 40 A LITRE THIS EXPECT TO PAY AROUND A WEEK.

STANHOPE, HAS ANNOUNCED, AND THE CHIEF MINISTER JON YEAR'S A-C-T BOOK OF THE THE NOMINATIONS FOR THIS YEAR AWARD. AWARD. NOMINATIONS INCLUDE, 'LOVE AND THE PLATYPUS' BY JACKIE FRENCH'S 'THE BOY NICHOLAS DRAYSON, AND WHO CONQUERED THE NILE'. TONY KEVIN'S "WALKING THE ALSO UP FOR THE AWARD IS PILGRIMAGE TO SANTIAGO". THE CAMINO, A MODERN MODERN PILGRIMAGE TO SANTIAGO". TO SPORTS NEWS, AND TWO OF COOMA'S RUGBY LEAGUE PLAYERS, HAVE BEEN PICKED FOR THE RAIDERS UNDER 20 SQUAD, FOR NEXT SEASON. BOTH MITCH SIMPSON, AND SAM WILLIAMS, PLAYED IN THE

IN THE RAIDERS UNDER 18'S SIDE, AND AFTER COMPLETING AND AFTER COMPLETING THEIR H-S-C'S, HAVE SIGNED ON FOR

THE TOYOTA CUP SQUAD IN IN 0-9. NOW FOR THE LATEST WEATHER... FINE CONDITIONS ARE EXPECTED UNTIL A TROUGH APPROACHES LATER IN THE CURRENTLY OVER W-A UNSETTLED WEATHER. WEEK BRINGING SOME WEATHER. FINE AND SUNNY IN CANBERRA LOOKING ACROSS THE NATION - PARTLY CLOUDY IN PERTH - - MOSTLY SUNNY IN SYDNEY -

PERTH - AND A LATE STORM SYDNEY - PARTLY CLOUDY IN FOR DARWIN SUNNY DAY AHEAD FOR DUNNO CLOSER TO HOME - A MOSTLY

FOR DUNNO WITH AN EXPECTED A MOSTLY SUNNY DAY AHEAD GONG AND ORANGE - 32 30 - 24 THE TOP FOR THE DEGREES FOR WAGGA BATHURST - 27 DEGREES ON MOSTLY SUNNY AND 26 FOR THE WAY FOR GOULBURN AND GOULBURN AND BATEMANS BAY 27 DEGREES ON THE WAY FOR MUDGEE CAN EXPECT A TOP OF 27 - MOSTLY SUNNY AND 31 EXPECT A TOP OF 27 - MOSTLY SUNNY AND 31 FOR PARKES -

AND 31 FOR PARKES - WINDY WITH 18 FOR THREDBO LOOKING AHEAD - TOMORROW - SHOULD BE FINE AND MOSTLY SUNNY. WITH A TOP OF 29( 11 29) FRIDAY - THE CHANCE OF A SHOWER OR STORM. 30 (13 30) BECOMING FINE AND 24 ON SATURDAY. (11 24)

.

This program is captioned live.

This is Ten News.

Europe marks the 90th anniversary

of the end of WWI. The gomper

general attending a remembrance --

the Governer-General attending a

Remembrance Day ceremony.

Tony Stewart to take legal Tony Stewart to take legal action

staff over claims he abused a female

staff member.

Barack Obama has a lot on his plate.

The president-elect to appoint the

most important member of his White House House team. And in finance news, economic

growth forecasts in the spot light

today when Treasury secretary Ken

Henry faces a grilling at the

National Press Club.

But first, Remembrance Day

ceremonies have continued across

Europe with the French President

paying tribute to the thousands of

Australian soldiers who lost their

lives in France. Governer-General Quentin Bryce joined Nicolas

Sarkozy in laying a wreath at the

service in Verdun. The site of one

of the longest battles of the great war.

Fighting around the town left

90,000 men unidentified. Today,

they were remembered in silence.

Add Verdun, the French President

led the tribute to more than

300,000al lied troops who lost

their lives in the eastern corner their lives in the eastern corner of France.

Prince Charles was guest of honour

at the ceremony which underlined

the horrific scale of the

casualties. For four years, they

fought to a standstill. The remains

of the dead had to be picked from

lie in the Ossary, blackened fields. Their bones now

lie in the Ossary, a memorial flame

illuminates the endless columns of

young lives lost.

And hundreds of Australians have marked Remembrance Day with a special service in the French town

of Villers-Bretonneux. It's the

first time a ceremony has been held

on the site where 1,500 diggers lost

their lives liberating that area in

in 1918. I heard the story of

Villers-Bretonneux when I was ten

years old, and I'm now 72. And I

got here. It's hoped that

got here. It's hoped that the ceremony will become a tradition

for Aussie travellers like the Anzac

Day pilgrimage to Gallipoli.

Back home and the Senate has passed

a bill demanding an urgent summit

on the future of the collapsed ABC

Learning. The childcare operator

was forced into voluntary administration last week, but

parents are being reassured all

centres are likely to stay open

into the new year. The Government

has now called for other childcare

operators to put forward bids for

more than 400ABC centres facing closure.

NSW MP Tony Stewart has vowed to take legal action after being

dumped from the front bench. The

former Small Business Minister was

sacked after an inquiry found he

had lied about verbally abusing

and holding down the leg of a and holding down the leg of a staff

member at a function. This comes as

the Government deals with a mini

Budget backlash. Drivers will be

slugged with a congestion tax on the

Harbour Bridge. There's also been a

freeze on health spending. The

Budget delivered today is tough but

it is fair. A Budget that will

correct the mistakes of the past

and set NSW up for the future. The

Budget remains more than $900

million in the red.

Public swimming pools on the Gold

Coast will be closed today amid

fears swimmers could receive an

electric shock. Routine tests have found strong electrical kurpts in

the water, but the cause --

currents in the water, but the

cause is still unknown.

Unaware of the possible dangers,

swimmers on the Gold Coast continue

to train. But a routine check by authorities found strong electrical

currents in the water. Gold Coast

City Council stepped in and closed

the pool. I think it's a disaster.

I'm shocked. We're not allowed to train here for three or four weeks.

The currents were well above

Australian authorities. After

further tests, authorities revealed

all public pools there affected. If

it was that critical, they would

have had us out straight away. The

closure will be a blow to Gold

Coast swimming with major carnivals

just weeks away. If we had to lose

three weeks at this point in the

season t would absolutely undermine

any possibility for some of the

kids to take their first Australian

Open team. Tests will be carried

out today to determine the calls of

the electrical currents.

Barack Obama has a lot on his plate

these days as he chooses his

leadership team and prepares for

his move to the White House. But

there is one key position that will not only keep the president-elect satisified,

satisified, but his family and

visitors too. Chef Rick Bayliss has

been serving up his Mexican

cuisine to Barack Obama since he

was a senator. It was Obama who

preached change. You know, I've been thinking that for a long time,

but we set the whole precedent for

change. There are rumours that the

man behind it could take the taste

of Chicago to the nation's capital.

But Bayless isn't sure he's ready

to change enough to put on the

White House apron. The White House

chef is not all about State dinners.

You're cooking in the residents too.

Chef Walter Chibe cooked for the

Clintons and the Bush. If the

President says I want peanut and

jelly for lunch every day, you

learn to make great peanut butter

and jelly. In fact, Obama makes a

mean tuna fish sandwich. But now

that he will be in the White House

t will be the chef who heads up the kitchen cabinet.

Most of Australia's cricketers are

now home from India, but Ricky

Ponting's tactics during the fourth

Test are still being Test are still being scrutinised. About half the squad filed About half the squad filed into

Sydney to be greeted by loved ones.

The skipper was met by tough

questions too. I've only ever copped

criticism when we've lost a series.

Ponting insists slow over rates men

he had no other option but to bowl

his part timers when the fourth

Test was up for grabs on Sunday afternoon. New Zealand captain Daniel Vettori

says he's wary of an Australian

side that's on the Republic boun

now ahead of this summer's Test --

rebound ahead of this summer's Test

series. He believes that the

world's top ranked side is still

number one. This is probably the

hardest Test in world cricket,

facing Australia in Australia. The

Kiwis have a four-day warm-up game

against NSW. The first Test is in

Brisbane and that is on Thursday week.

Ben Cousins's manager says his

client is near breaking point as

the AFL is meeting to decide his the AFL is meeting to decide his

playing future. The decision is due

next Tuesday. Manager Ricky Nixon

says the former Eagle is not

coping well. The amount of stress everybody is under is almost

volcanic at the moment and it is

not far off exexploding. The 2005

Brownlow Medallist has spent the

last 12 months on the last 12 months on the sidelines,

suspended for bringing the game

into disrepute.

Here's a story that will grow on

you - while men across the country

shelve the razor for Movember,

facial growth has been taken a

step further. Who would have thought that thr would be 17 different categories at the European beard and moustache championship.

championship. There was one

youngster who I suspect was

cheating a little bit. But this

effort was good enough for the top

prize in the freestyle section.

He's getting ready to take on the

world in Alaska in May.

Let's see if there's some growth in

the business community perhaps.

Let's talk finance.

Yes, there seems to be a lack of

confidence in business. It's

plummeted to the lowest level on

record according to the latest NAB

Business Confidence Survey. It

21 points in October, the lowest level

level since the survey began in

1997. But it's not all doom and

gloom. Most of the responses to the survey

survey were made before the most recent interest rate cut, and

before China nounsed its $884

billion stimulus package.

The local share market is expected The local share market is expected

to open in the red after another

bleak night on Wall Street. Juliana

Roadley from Commsec joins us live.

Good morning, new recession fears

in the US and Wall Street seems to

be acting like a yo-yo. I think in be acting like a yo-yo. I think in

the US, everyone is worried about

how long the downturn is going to

last and how long it is going to

take to get back up again. But in

the last half hour of trade, we've

seen more spark in the markets, but

the US markets following the

weakness in Europe and Asia

yesterday and our market is set to

open a bit weaker this morning. And

the price of oil, it continues to

fall? Yes, oil is down there at a

21-month low, but good news for us.

The wholesale price out of

Singapore is actually down at a 3.5

year low, so that means that we

could be looking at a 5 cent to 10

cent cut at the petrol pump in the

next few days. And also, we've all

seen Virgin coming out with a 20%

cut in their fuel levy.

Juliana Roadley from Commsec, thank

you for the update. Sno Treasury's

economic forecast will come under

scrutiny when Ken Henry addresses

the national press club in Canberra.

Treasury Forecast 2% growth, while

the Reserve Bank has slashed its

forecast to 1.5%. And who would

want to be Ken Henry in front of

all those journos there this morning. morning.

Two tiger cubs have found

themselves an unusual new mother.

By day, Anjana is a star, but she

recently took on another job, a

surrogate parent to cubs Mitra and surrogate parent to cubs Mitra and Shiva. She feeds and bathes and

sleeps with the cubs, but keepers

will be watching the new family to

ensure that play time doesn't get

too tough.

Here's the outlook in Australia now:

recapping this morning's top stories

now - hundreds of Australians now - hundreds of Australians pay

tribute to the diggers in northern

France as Remembrance Day services France as Remembrance Day services

are held across Europe.

The Senate passes a bill demanding

an energy summit on the future of debt-stricken childcare provider ABC Learning.

And in sport, picking up the pieces

- Ricky Ponting faces the music

after returning from a series loss in India.

And that's it for Ten News. I'm

Bill Woods. And I'm James Boyce.

Have a good morning.

Supertext Captions by Red Bee Media Australia www.redbeemedia.com.au most aggressive the Reserve Bank has launched its