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

View in ParlView

(generated from captions) This program is captioned live.

This program is captioned live.

Good morning. I'm Tim Webster. I'm Frank Coletta. Welcome to Ten's

Early News.

Today - an Australian writer

sentenced to three years in a

Bangkok jail for insulting

Thailand's royal family in a novel. Prime Minister Kevin Rudd promises

unprecedented action to stave off a

recession, warning 2009 may be toughest year in Australian history. recession, warning 2009 may be the

US President-elect Barack Obama

takes time out on the eve of his inauguration to do some volunteer

inauguration to do some volunteer

work as millions of people pour

into the US capital.

In sport, Federer's express, the

FedEx, the ticket it the second

round of the Aussie Open as Aussie

Casey Dellacqua exits at the first hurdle.

First, an Australian man sentenced

to three years behind bars in

Bangkok will seek a royal pardon. Harry Nicolaides was jailed for

insulting Thailand's royal family.

Arriving at court, Harry Nicolaides

Truth is stranger than fiction. was shackled and gaunt, but vocal.

The 41-year-old from Melbourne was

arrested in Bangkok last August.

arrested in Bangkok last August.

Charged with insulting the king of Thailand

Thailand in a book he wrote while

living there in 2005. This has to

be a bad dream. It has to be a bad

dream. It cannot possibly be real.

He was convicted and sentenced to

is 15 years. three years' jail. The maximum term

The judge told the court, "He has

written a book which slandered the

king, the Crown Prince, Thailand and the monarchy." His

Melbourne-based family say and the monarchy." His

Melbourne-based family say fewer

than 10 copieds of the book were sold and only 50 copieds They say Nicolaides will apply sold and only 50 copieds printed.

They say Nicolaides will apply for

a royal pardon. I regret that my

mother and my father and my family

and friends are suffering and and friends are suffering and I

want to apologise to all of them.

may The Prime Minister is warning 2009

may be the toughest year in Australian history with

Australian history with the financial crisis showing no mercy

on the nation's economy. Access

Economics predicts 3,000 jobs Economics predicts 3,000 jobs will

be lost by this time next year

while the budget deficit will grow

to $100 billion. Prime Minister

Rudd -- the Treasurer has conceded

the country will be harder hit than

thought. This is a crisis which

will test our mettle as Australians.

It will test our ability to hang together. It

together. It will test our ability to be as one. Meantime, the Coalition has made

the most of the PM's holiday break.

The latest Newspoll reveals

Labor's 18-point lead has been

slashed to just eight points.

A man is in hospital with stab

wounds after a road rage attack in

Ashfield. There were reports of a

was taken to hospital with fight between two drivers. One man

was taken to hospital with a stab

wound to his stomach. A second man

was treated for a cut to his leg

before being arrested by police.

Millions of Americans are flooding

into the nation's capital on the

eve of Barack Obama's historic

inauguration. Ten's US correspondent, Nicole Strahan,

joins us from Washington DC. How

have the Obamas spent inauguration

eve? Good morning, Tim.

Well, today is Martin Luther king Junior

Junior Day, a public holiday in the

United States what recognises the

work of civil rights leader Martin

Luther king Junior.

In that spirit, it's also a day of

community service, so the

President-elect, Barack Obama, went

to a teenage youth hostel where

troubled teens are looked after.

Now, he may soon become the most

powerful man in the world, but that

didn't stop him rolling up his

sleeves and doing his own bit for

sleeves and doing his own bit for

the teenagers who face troubled

times and he also encouraged

Americans across the country to do

the same and remember that there are

themselves. are those less fortunate than

One of the goals of my

administration is going to be to

make sure that we have a government

that's more responsive and more

helping families but don't effective and more efficient at

underestimate the power for people helping families but don't

who join together to splish amazing things.

-- accomplish amazing things. Tim,

during that particular visit, Barack Obama also joked that the

painting was good practice because,

after all, he will soon be moving

into a new house. Of course, it's

very doubtful that Barack Obama

the will ever pick up a paintbrush in

the White House. During the

inauguration ceremony tomorrow,

during his speech and then the parade down Pennsylvania Avenue, a

team of people will go into the

White House and spend about six

hours moving the Bushs out and the

Obamas in.

Nicole, DC is now in security

lockdown. It certainly is, Tim.

Really, the best way to get around

the capital at the moment is on

foot. There are lots of road

foot. There are lots of road

closures and, of course, security

is extremely tight. We've seen the

army in groups on footpaths

surrounding the city there, patrolling particular areas. Some

of them are just waiting on corners

just in case there's any particular

trouble at all. There are about

30,000 security officers in all.

They've been brought in from around

the country for this historic event.

are Now, in addition to those, there

are also about 5,000 cameras in the

national mall where people will gather tomorrow for the

inauguration and those cameras will

be able to spot any signs of

trouble at any particular time

tomorrow that those pictures will

actually be beamed back to a

central control area. Having said

that, and despite the tight

security that does surround this,

authorities say there is no

credible threat to the inauguration

ceremony and certainly in the city there is an

excitement. there is an atmosphere of

OK, thank you. Nicole. Ten's US

correspondent, Nicole Strahan, live

from Washington DC.

Years of school study have paid off

for thousands of Victorian students.

They found out overnight which tertiary course they've been

accepted into. Hundreds lined up at

Melbourne's Federation Square for

an early edition of the paper

containing 40,000 uni and TAFE

containing 40,000 uni and TAFE

places. I got into Monash medicine. Was

Was that your first choice? Yes. Congratulations. Thank you rks

thank you. I can't believe it. I'm

over the moon. It seems they're on

the way to big bucks, with a the way to big bucks, with a new

study showing a degree increase as

salary by 31%. The ex-wife of Bob

Jane will front court again today

accused of threatening to shoot and

and stab the tycoon.

and stab the tycoon. 41-year-old

Laree Jane has pleaded not guilty.

Bob Jane has told the court he expected

expected the worst when his wife

waved a 12-inch knife at him and

threatened it shoot him during an

argument in 2006. The trial continues today.

Israel is committed to withdrawal

its ground troops from Gaza by

tomorrow but Israel has been

accused by Arab neighbours of

accused by Arab neighbours of

using chemical warfare during its Gaza offensive.

All over Gaza, the grief is mixed,

inextricably, with anger.

It's more profound than just talk

of revenge. It is a visceral

contempt for what Israel has done

here for the last three here for the last three weeks.

And looking on are the very people, the youngsters,

the youngsters, who, one distant the youngsters, who, one distant

day, will be needed if ever a peace

deal will be made. At the back of

the funeral, we saw this 7-year-old

boy, whose uncle and four Cousins

were being buried. Israeli forces

had killed them all in a tunnel, their bodies only recovered today.

He said, "They were killed when the

Israelis pumped into the tunnel poisoned gas."

poisoned gas."

The fight was so unequal that Gaza

has the feel and the look, not of a war

war zone, but of the epicentre of

an earthquake. In response, an earthquake. In response, Israel

has said it was only ever targeting

Hamas fighters, and never civilians. Lleyton Hewitt and Sam

Lleyton Hewitt and Sam Stosur

headline day two of the Australian

Open hoping to join three Aussies

already through to the second round.

M Bernard Tomic, Bryden Klein and

Jelena Dokic are all through. Casey Dellacqua

Dellacqua knocked out in straight

sets and Roger Federer had to do it

the hard way against Italian Andreas Andreas Seppi.

Chasing a fourth Australian Open

title and Roger Federer fired out

of the blocks. The world number two

all class in the opening set.

He took it 6-1 in 24 minutes He took it 6-1 in 24 minutes and

then came the Italian resistance.

Andreas Seppi pushed the Swiss all

the way in the second.

It went to a tie-break, but Federer

prevailed. The 27-year-old won it

7-4. He sealed the match in a tough

straight-sets warm-up. I thought

straight-sets warm-up. I thought he

served well today which made it

hard for me but I think I played

well, you know? I had to. He's a quality

quality player. I'm very happy.

No joy for Casey Dellacqua. She

needed pain-killers for a shoulder

complaint. It brought up five set points against Daniela Hantuchova.

The failure to make them count cost the Aussie

the Aussie a first-round exit. It's the Aussie a first-round exit. It's

disappointing I didn't consolidate

the points. That can change the

match. If I got the first set or

got back in the second, you never

know. The match is know. The match is never over. Mitchell Johnson returns for the

Aussie one-day squad in place of

Ryan Harris for the game on Friday. Selectors have kept the faith Selectors have kept the faith in

NSW opener David Warner. The

decision didn't surprise the tourists.

Despite reports his disappointing 5 on Sunday would be his one and only shot,

it's no surprise to South Africa.

Parramatta cult figure Fui Fui Moi

Moi could face the sack from the

NRL club after returning to

pre-season training 10 days late.

Moi Moi has become a favourite with Eels fans during his five seasons

at the club. He told Parramatta

at the club. He told Parramatta officials he was unable to

officials he was unable to return from a holiday in Tonga because of

storms and flooding affecting the

region. The club say the

front-rower will face serious

punishment if they find out he

could have made it home sooner.

The Tour Down Under kicks off today

in Adelaide. Lance Armstrong is

confident of a strong return to

competitive racing. He took it easy, easy, finishing in the middle of the pack, in the official warm-up

to the 6-day event but says his comeback remains on track.

comeback remains on track.

I'm glad the first day is over and

we can now get into the race and

maybe relax a little bit more.

Stage one is a 140km loop from

Norwood to Mawson Lakes via Gawler and Williamstown.

Finance with Frank. Bad to worse -

now fears of deflation. We thought inflation inflation was the problem but deflation, you're right.

Sharp falls in the cost of petrol,

fruit and vegetables have pushed

inflation to its lowest level in

more than three years. The TD Securities Melbourne Institute

inflation gauge dropped 0.2% last month, its third straight month, its third straight monthly decline. Concerns about rising

inflation dominated most of last

year as we know but the slump in

prices over recent months has

sparked those fears of deflation,

which could also destabilise the economy.

Britain has unveiled a second

Britain has unveiled a second bank

rescue package worth tens of

billions of pounds to try and

kick-start the economy. The

bail-out plan includes an insurance

scheme to protect banks from

so-called toxic assets to free up credit.

We will do everything we can,

everything it takes, to maintain

stability, support the economy and,

in the next few months, expand the

lending that is necessary for

creditworthy businesses and for

families to be able to

families to be able to see that

their prosperity to meet their

demand. Mr Brown hasn't put a total price tag on the new measures. They

follow a ?37 billion follow a ?37 billion bail-out package announced just last

October.

A break for investors in the US for

Martin Luther king Day and all eyes on on the presidential inauguration.

Traders are hoping the Obama

celebrations will be a positive

spark when Wall Street re-opens.

spark when Wall Street re-opens.

$4.6 trillion of investor wealth

has been wiped out during George W

Bush's eight years in charge. That's interesting.

The weather for today:

Kick look at what's in the papers today.

The 'Australian' has details of the Prime

Prime Minister's plans for a second

economic rescue package.

The The 'Financial Review' reports

banks have received $45 million in government guarantees in the past six weeks and are approximate

passing on costs to consumers

through steeper rates. The 'Herald

Sun' leads with Jelena Dokic's bat well depression

well depression and family problems.

A special invitation for the pilot who made a miracle landing in who made a miracle landing in New York.

The details when we return.

This is Ten's Early News. Today's top stories:

This is a financial crisis of

almost unprecedented proportions

and so therefore it demands

and so therefore it demands a response which is almost unprecedented as well.

The Prime Minister hints at another

financial rescue package in a bid

to avert a recession.

to avert a recession.

An Australian man to appeal to the

king of Thailand for a royal pardon after being jailed for insulting the country's royal family.

Millions of people pour into

Washington for tomorrow's historic inauguration as US President-elect,

Barack Obama, spends the day doing

some volunteer work.

In sport, three Aussies through to

the second round of the Australian

Open, but Casey Dellacqua's

campaign ended at the first hurdle. First, the Prime

First, the Prime Minister has

declared this year may be the

toughest in Australian history as a

new report warns Australia is

headed for recession. Kevin Rudd

says the magnitude of the global financial crisis almost beggars believe. --

-- belief.

It may be a new year but the

aftershock of 2008's economic

earthquake will be long-lasting

into 2009 and the years that follow.

This is a

This is a crisis which will test

our mettle as Australians. It will

test our ability to hang together.

The Prime Minister and Treasurer

have endured endless conversations

with world leaders on the state of

the global economy, but one Australian economist has captured

the nation by summing up the

situation in five short words. The

federal budget is buggered. Access

Economics predicts this year's

budget will be slapped with a $100

billion deficit and another 300,000

Australians will join the jobless

queue by 2010. Almost impossible to

avoid a recession in Australia.

Another big-spending stimulus

package is almost certainly on the

agenda. This is an almost unprecedented unprecedented crisis which therefore demands an unprecedented response.

But there is some good news. The

withering economy means another

interest rate cut is imminent and

the drop in fuel prices means

groceries will also become cheaper.

As consumers, providing you've

got your job, Nirvana is just around the corner. A A Melbourne man is desperately

hoping for a royal pardon from the king

king of Thailand after being jailed

for three years for insulting the

country's royal family. Shackled, gaunt and terrified, Harry Nicolaides was

Nicolaides was led into Bangkok's

criminal court. The author criminal court. The 41-year-old

author was arrested last August and

charged with insulting king charged with insulting Thailand's

king in one of his troubles.

Nicolaides says he's endured unspeakable suffering during the

past five months in jail. This has

to be a bad dream. This has to be a

bad dream. It cannot possibly be

real. His family says only 50

copieds of the book were print add fewer than 10 were sold. fewer than 10 were sold.

Barack Obama has taken time out on the

the eve of his inauguration to

honour one of the pioneers of civil

rights. He's performed community

service in the name of Martin

Luther king as millions pour into

the nation's capital to witness history.

President-elect Barack Obama

grabbed a paint roller and helped

renovate a homeless shelter for

teens on Martin Luther king Day. 24

Hours before becoming the next

president, he answered the call of

community service and paid respect to a man

to a man who paved the way for to a man who paved the way for him.

Don't underestimate the power for

people who join together. The

future first lady did her part,

future first lady did her part, helping put together 75,000 care packages for US troops serving abroad.

Here on the streets near the capital, the anticipation and

excitement for tomorrow's

inauguration is building. Millions

have come to Washington to witness

history. Everyone here is getting

into the spirit. This woman and her

mother travelled from Lawrence vill

Georgia. We scrounged around,

found hotel reservations, jumped in

the car and drove up here. For this

woman, who lived through

segregation in the south , this is

a dream come true. I hoped this

Daewoo come in my lifetime and I

hope our country gets it together.

The weather will be fridgeied

Tuesday. There might even be snow.

That doesn't matter for this brother

and sister. It's got to be and sister. It's got to be worse

than that. I'd be here, rain, shine,

sleet or snow. That's how most feel

here in the nation's capital.

Nothing can keep them away from this moment in history.

The pilot and crew of the jet which

landed in New York's Hudson River

have been invited to the

inauguration as special guests. The pilot

pilot was telephoned by Barack

Obama and congratulated for Obama and congratulated for his

heroic effort which saved the lives

of 150 passengers. Meanwhile, the badly damaged aircraft has been

towed to a New Jersey marina while

air safety officers continue their investigations. Israel will withdraw troops from

the Gaza region by tomorrow but

there's fresh concerns about the

ammunition they used in their offensive. Its Arab neighbours have

accused Israel of blasting Gaza

with shells containing depleted

uranium. The Saudi Government has

contacted the international Atomic

Energy Agency with information

traces of the chemical were found

in Palestinian victims. It wants a

full examination of the area. Depleted uranium makes bombshells

harder, increases their

penetrating power and is linked to causing cancer.

Lleyton Hewitt and Sam Stosur will

try to join Bernard Tomic, Bryden Klein and Jelena Dokic in the

second round of the Australian Open

today. Brilliant start for the

Aussies. That was tempered by Casey Dellacqua's loss to Daniela

Hantuchova. The West Australian

squandered five set points before losing a tie-break to Hantuchova. The Slovakian then claimed the second 6-4.

Dellacqua has failed to recapture

the form that took her to the

year. fourth round of Melbourne Park last

Now, NSW Warner has held on to his

spot in the one-day teem and South

Africa has not missed the opportunity to start laying on the pressure. for David Warner - The waiting game is over once again deciding Australian selectors to back his big-hitting talent. his disappointing 5 on Sunday Despite reports would be his one and only shot,

it's no surprise to South Africa. to give a guy one go, It's always hard so it'll be interesting to see.

I just think David Warner has been put under a lot of pressure by the public and certainly the media, so it'll be interesting to see how he keeps on handling it. Warner's been the talk of the game since his blistering Twenty20 debut, team-mates confident he'll deal with whatever's thrown at him. I've known Dave for a while through club cricket at Easts and now through State cricket and international cricket, and the thing is he hasn't changed - he's still a kid that goes out there and backs himself. The South Africans not expecting any troubles from the Sydney crowd, racially abused by a spectator after Morne Morkel was yesterday. during Australia's win in Hobart on and off the field, Maybe our character

maturity, the humility, has aided us the Australian crowd onto our side. and I think we've won a bit of by Tasmania police. The abusive fan was arrested to let the matter rest. The South Africans happy Andrew Blow, Ten News.

Central Coast mairners defender

Dean Heffernan has copped a

two-game ban for elbowing Kevin Muscat. Heffernan has completed a Muscat.

lengthy comeback from a broken leg

and almost watched his chances of

Socceroo selection slip away.

Despite the ban handed down last

night, Heffernan has been named in

Pim Verbeek's extended squad for

qualifier against Indonesia. next Wednesday's Asian cup

It's been a far from impressive

night on world markets. With

details Juliana Roadley joins us

now from CommSec. A new bank

bail-out plan for the UK failing to spur

spur on the market. This second

package, faink, they're going to be

spending ?50 billion to prop up the

banks and ?250 billion for an

insurance line to encourage lending

but the European markets were hit

by the European Commission coming

out with a negative view on the

economy, suggesting that the

economy will shrink by 1.9% this year

year and only grow by 0.4% in 2010.

That pushed most of the European

indices down about 1%. The US

markets closed for a public

holiday. Our market OK yesterday, a 30-point gain thanks to the miners

but is suggested to open down about

30 points this morning.

Access Economics have sparked a Access Economics have sparked a bit of

of panic about an unavoidable

recession. What are your recession. What are your thoughts?

We're not so dark. Our view is a

bit better. If you look at some of the information that came out,

we're looking for a much better

number coming through for the

unemployment, only at 5.5% by the

end of the year. You have to remember that Australian Government has

has a lot of cash and the RBA has a

lot of interest rate power that

they'll be able to throw into they'll be able to throw into the

economy to help us along. OK. Juliana Roadley from CommSec, thank

you very much. Thank you.

Briefly in other news this morning, BHP Billiton's earnings estimate

haves been slashed by analysts as

the mining giant prepares to deliver its quarterly production reports.

After losing the chance to do it After losing the chance to do it

in Australia, Telstra boss, Sol Trujillo

Trujillo has reportedly promoting

a high-speed broadband service in America.

ASIC is expected to lift its ban on

short selling next week, despite

when it happens. predictions of wild market swings

Excitement building in Warwick fon

ahead of tomorrow's historic

inauguration. We'll cross to our

reporter in the US capital after

the break.

This is Ten's Early News.

Today - Barack Obama takes time out

on the eve of his inauguration to on the eve of his inauguration

do some volunteer work as millions

of people pour into the US capital.

A 41-year-old Australian writer

Bangkok jail for insulting sentenced to three years in a

Thailand's royal family in a novel.

Prime Minister Kevin Rudd Prime Minister Kevin Rudd promises

unprecedented action to stave off a

recession, but warns 2009 may be

the toughest in Australian history.

And in sport, Federer's express

ticket to the second round of the

Australian Open, as Casey Dellacqua exits at the first hurdle. First, millions of Americans are flooding into the nation's capital

on the eve of Barack Obama's historic inauguration.

Ten's US correspondent, Nicole

Strahan, joins us from Washington

DC. Nicole, how have the Obamas

spent the day? Good morning, Tim.

Well, Barack Obama is soon to, of

course, be perhaps the most

powerful man in the world, but that

didn't stop him today dedicating

his time to help those his time to help those less fortunate than himself. He rolled

up his sleeves at a homeless

shelter for young people painting

some walls. Now, this was part of a day dedicated to Martin Luther

king Junior. It's, of course, a day dedicated to the civil rights dedicated

leader and a day of community service, so that's why Barack Obama went to the shelter for young

people and here's what he had to

say about the way his government

will be once he's sworn into office.

One of the goals of my

administration will be to make sure

that we have a government that's

more responsive, more effective and

and more efficient at helping

families. But don't underestimate

the power for people who join

together to accomplish amazing things.

And, Tim, Barack Obama joked that it was practise painting walls

because, after all, he will soon be

moving into a new house. I can tell

thaw an army of people, in fact,

will be moving the Obamas into the

White House. During a 6-hour period

tomorrow, they'll move the Bushes

out and the Obamas in. DC is now in security lockdown, yeah? That's

right. Millions and millions of

people are expected here tomorrow.

Many of the streets around the

capital have already been closed.

Army personnel are patrolling the

streets and there are also 5,000

security cameras around the capital

building that are able to spot any

trouble spots and so security can

get in there and prevent it

escalating. But having said that,

despite the very tight security, it

really is an atmosphere of excitement here in the Yeah, ki imagine. excitement here in the capital.

Thank you, Nicole. Ten's US

DC. correspondent live from Washington

The Prime Minister is warning 2009 The

may be the toughest year in

financial Australian history with the

to financial crisis showing no mercy

to the Australian economy. Access

Economics predicts 300,000 jobs

will be lost by this time next year.

The budget deficit will grow to

$100 billion. Kevin Rudd concedes

the country will be harder hit than

originally thought. This is a

crisis which will test our mettle as Australians. It

It will test our ability to hang together.

It will test our ability to be as one.

Labour's lead has been slashed to

just eight points in the two-party preferred stakes.

An Australian man sentenced to

three years jail in Bangkok will

seek a royal pardon. He was jailed

for insulting Thailand's royal family.

Arriving at court, Harry Nicolaides

was shackled and gaunt but vocal.

Truth is stranger than fiction.

The 41-year-old from Melbourne was

arrested in Bangkok last August,

charged with insulting the king of

Thailand in a book he wrote while

living there in 2005. This has to

be a bad dream. This has to be a

bad dream. It cannot possibly be

real. He was convicted and

sentenced to three years jail. The

maximum term is 15 years. The judge

told the court he has written a book

which slandered the king, the Crown Prince, Thailand and the monarchy.

His Melbourne-based family say

fewer than 10 copieds of the book

were sold and only 50 copieds

printed. They say Nicolaides will

apply for a royal pardon.

I regret that my mother and my

father and my family and friends

are suffering. I want to apologise to all of them.

A dawn service is being held in Far North Queensland this morning to

mark the start of Australia Day

celebrations. A group of prominent

Australians, including former

cricketer Adam Gilchrist, gathered

at Cooktown for the service,

reflecting on what Australia Day

means to them. Just to stop and

think and take the time to give it

some thought about other cultures

and trying to embrace them, learn a

little bit about it, because we've

got so many, so many great cultures in

in this country. The Australia Day

Council gathers prominent

Australians together a week before

Australia Day to express their

vision for the country. A fragile cease-fire in the Middle

East is holding with Israel committed to withdrawing all its

ground troops by tomorrow. Israel

has been accused by Arab

neighbours of using chemical warfare during its Gaza offensive.

All over Gaza, the grief is mixed, inextricably, with anger.

It's more profound than just talk

of revenge. It is a visceral

contempt for what Israel has done here for the last three weeks.

And looking on are the very people,

the youngsters, who, one distant

day, will be needed if ever a peace

deal will be made.

At the back of the funeral, we saw

this 7-year-old boy, whose uncle

and four Cousins were being buried.

Israeli forces had killed them all

recovered today. in a tunnel. Their bodies were only

He said, "They were killed when the

Israelis pumped into the tunnel poisoned gas."

The fight was so unequal that Gaza

has the feel and the look not of a

war zone, but of the epicentre of an earthquake.

In response, Israel has said it was

only ever targeting Hamas fighters,

and never civilians.

Lleyton Hewitt and Sam Stosur

headline day two of the Australian

Open hoping to join three Aussies

already through to the second round,

Bernard Tomic, Bryden Klein and

Jelena Dokic all through. Casey

Dellacqua was knocked out in

straight sets. Roger Federer had to

do it the hard way against Italian Andreas Seppi.

Chasing a fourth Australian Open

title and Roger Federer fired out

of the blocks of the the world

set. number two all class in the opening

He

took it 6-1 in 24 minutes and then

Andreas came the Italian resistance.

Andreas Seppi pushed the Swiss all

the way in the second.

It went to a tie-break, but Federer prevailed. The 27-year-old won it 7-4,

tough straight-sets match. 7-4, before sealing the match in a

He served well today which made it

I hard for me. I think I played well.

I had to. He's a quality player.

I'm very happy. No joy for I'm very happy. No joy for Casey

Dellacqua. They needed pain-killers

to for a shoulder complaint. It

brought up five set points against Daniela Hantuchova. Oh, wonderful!

The failure to make them count cost

the Aussie a first-round exit. It's disappointing I didn't consolidate

on the match. That can change the

match. If I'd got the first set or got back in the second, got back in the second, you never

know. The match is never over.

Mitchell Johnson returns to the

Aussie one-day squad in place of

Ryan Harris for the game against

South Africa on Friday. Selectors

have kept the faith in NSW opener,

David Warner. The decision didn't surprise the tourists.

It's always hard to give a guy one

go so it will be interesting to see.

I just think David Warner has been

put under a lot of pressure by the

public and certainly the media. It

will be interesting to see how he keeps on

keeps on handling it. There had

been reports Sunday's failure in

Hobart would have cost Warner his

place in the side.

The Tour Down Under kicks off today

in Adelaide and Lance Armstrong

remains confident of a strong

return to competitive racing.

Armstrong took it easy finishing in

the middle of the pack in the

official warm-up to the 6-day event but says his comeback remains on

track. I'm glad the first day is

over and we can now get into the

race and maybe relax a little bit

more. Stage one is a 140km loop

from Norwood to Mawson Lakes via Gawler and Williamstown.

Finance with Frank and talk about

prophets of doom. Now we've got to

worry about deflation. It's worry about deflation. It's a different word today. That's right, Tim.

Sharp falls in the cost of petrol,

fruit and vegetable have pushed

deflation to its lowest level in years.

There has been a third consecutive

monthly decline. Concerns about

rising inflation dominated most

of last year but the slump in prices

prices over recent months, as Tim

said, have sparked fierce -- fears

of deflation which could also destpaiblise the economy.

Britain has unveiled a Britain has unveiled a second

rescue package worth tens of

billions of pounds to kick-start

the economy there. The bail-out

plan includes an insurance scheme

to protect banks from so-called

toxic ail sets to free up credit.

We will do everything we can, it

takes, to maintain stability,

support the economy and, in the

next few months, expand the lending

that is necessary for that is necessary for creditworthy

businesses and for families to be

able to see that their -- meet

their demand. Mr Brown hasn't put a

total price tag on the new measures.

They follow a ?37 billion They follow a ?37 billion bail-out package announced just last

October. A break for Wall Street

with Martin Luther king Day ahead

of the inauguration. Traders hope

the Obama celebrations will be a

spark for Wall Street when it ohms

again. $4.6 trillion of investor wealth has been wiped out during

George W Bush's eight years in charge.

The key to earning big bucks - find

out when Ten's Early News returns. FIONA NELSON. FIRST UP, POLICE ARE REMINDING DRIVERS THAT SPEED ISN'T BEING TOLERATED AROUND THE CAPITAL. TOLERATED AROUND THE CAPITAL. 46 PEOPLE WERE FINED IN AN EARLY MORNING BLITZ ON AROUND CANBERRA YESTERDAY, AND POLICE SAY THEIR STRATEGY WILL CONTINUE. POLICE HAD RADARS ON BARRY DRIVE, PARKES WAY, AND THE

MONARO HIGHWAY EARLY YESTERDAY... WITH ONE WITH ONE DRIVER BEING CLOCKED AT MORE THAN A 40 KAYS OVER THE LIMIT. POLICE, WILL ALSO BE ON THE LOOKOUT FOR DRIVERS USING THEIR MOBILE PHONES WHILE BEHIND THE WHEEL. THE CAPITAL AND SURROUNDING AREAS, ARE CLOSE TO HAVING ONE OF THE DRIEST JANUARY'S ON RECORD... AND WE'RE USING MORE WATER THAN THE ACTEW TARGETS. ON AVERAGE, MORE THAN 59 MILLS OF RAIN FALLS IN THE RAIN FALLS IN THE REGION DURING THE FIRST MONTH OF THE YEAR... BUT SO FAR, CANBERRA HAS RECORDED ONLY ONE - POINT - EIGHT MILLIMETRES. DAM LEVELS SIT AT 51 - POINT - ONE PER CENT CAPACITY. LOCAL REAL ESTATE AGENTS SAY, THERE'S STILL INTEREST IN THE CANBERRA MARKET, DESPITE SUGGESTIONS OF A DOWNTURN SINCE THE FINANCIAL CRISIS. A HOME IN GOWRIE, SOLD OVER THE WEEKEND FOR 60 THOUSAND DOLLARS ABOVE THE RESERVE... WITH 79 GROUPS

THE RESERVE... WITH 79 GROUPS OF PEOPLE LOOKING AT THE HOME BEFORE IT SOLD. AND THE MARKET, IS EXPECTED TO BOUNCE BACK THIS YEAR... WITH TWO - POINT - NINE PER CENT GROWTH PREDICTED ... AND FOR UNITS, EXPERTS HAVE TIPPED GROWTH OF POINT - GROWTH OF POINT - SIX - FIVE PER CENT IN OH-NINE. AND KANGAROOS AROUND CANBERRA, ARE HELPING ECOLOGISTS WITH RESEARCH, BY WEARING G-P-S COLLARS, MOVEMENT OF THE REGION'S ROOS.

THE AUSTRALIAN FIRST STUDY, IS AIMING TO HELP CONTROL KANGAROO POPULATIONS IN THE REGION, AND ALSO HELP REDUCE THE NUMBER OF ROOS KILLED BY CARS. 24 KANGAROOS, WILL BE FITTED WITH THE COLLARS ACROSS THE CAPITAL, AND PROVIDE INFORMATION ON INFORMATION ON MOBS, FROM NORTH LYNEHAM RIDGE AND MOUNT TAYLOR.

LOOKING TO SPORT, AND THE TUGGERANONG VIKINGS, ARE CONFIDENT OF MAKING THE BASEBALL FINALS, DESPITE A

HEAVY LOSS TO AINSLIE YESTERDAY. THE VIKINGS LOST, 12 TO ONE... AND WILL BE FIGHTING, TO KEEP THEIR PLACE ON THE TABLE, HEADING INTO THE FINALS SERIES. VIKINGS COACH BRETT TAIT SAYS, THE SIDE WAS STRUGGLING AFTER THE CHRISTMAS BREAK BUT HE SAYS, THEY ARE CAPABLE OF MAKING THE FINALS. NOW HAVING A LOOK AT TODAY'S WEATHER... WEATHER... A TROUGH OF LOW PRESSURE EXTENDING INTO NEW SOUTH WILL DEEPEN AND EXTEND FURTHER SOUTH BRINGING SHOWERS AND STORMS THIS WEEK. LOOKING ACROSS THE NATION - THE CHANCE OF STORMS IN SYDNEY, AND CANBERRA - MAINLY FINE IN THE OTHER FINE IN THE OTHER CAPITALS - APART FROM SHOWERS FOR DARWIN CHECKING OUT WHAT'S HAPPENING ACROSS SOUTHERN NEW SOUTH WALES - WE'LL HAVE A FEW STORMS ABOUT

STORMS ABOUT LATER IN THE DAY - DUBBO IS HEADING FOR A TOP OF 34 LATE THUNDER FOR BATHURST 31 THE TOP - 33 ON THE WAY TOP - 33 ON THE WAY FOR GOULBURN - 23 DEGREES FOR PERISHER LATE STORMS FOR MUDGEE 31 - 37 THE EXPECTED TOP FOR PARKES - A POSSIBLE STORM FOR PERISHER LOOKING AHEAD - TOMORROW - WE CAN EXPECT AN AFTERNOON THUNDERSTORM - HEADING FOR A TOP OF 33

BE MOSTLY FINE WITH 32

FRIDAY - FINE AND 33

.

This is Ten's Early News.

Today's top stories - This is a

financial crisis of almost

unprecedented proportions.

So therefore it demands So therefore it demands a response which is almost unprecedented as

well.

The Prime Minister hints at another

financial rescue package in a bid

to avert a to avert a recession.

An Australian man to appeal to the An Australian man to appeal to the

king of Thailand for a royal pardon

after being jailed for insulting

the country's royal family.

Millions of people pour into

Washington for tomorrow's historic inauguration as US President-elect

Barack Obama spends the day doing some volunteer work.

And in sport, three Aussies through

to the second round of the Australian Open, but Casey Dellacqua's campaign ends at the first hurdle.

First, the Prime Minister has

declared this year may be the

tfrest in the nation's history as a

new report warns Australia is

headed for recession. Kevin Rudd

says the magnitude of the global

financial crisis almost beggars belief.

It may be a new year but the

aftershock of 2008's economic

earthquake will be long lasting into 2009 and the years that follow.

This is a crisis which will test

our mettle as Australians. It will test our ability to hang together. The Prime Minister and Treasurer

have endured endless conversations

with world leaders on the state of

the global economy but one

Australian economist has captured

the nation by summing up the situation in five short words. The

federal budget is buggered.

Access Economics predicts this

year's budget will be slapped with

a $100 billion deficit and another

300 thousand thousand Australians

will join the jobless queue by 2010.

Almost impossible to avoid a

recession in Australia! Another

big-spending stimulus package is

almost certainly on the agenda.

This is an almost unprecedent ed

crisis which therefore demands an

unprecedented response. But the

withering economy means another

interest rate cut is imminent and

the drop in fuel prices means

groceries will also become cheaper. Providing you've got your job, I

think as consumers, Nirvana is

just around the corner.

A Melbourne man is hoping for a

royal pardon from the king of

Thailand after being jailed for

three years for insulting the

country's royal family. Shackled, gaunt and terrified, Harry

Nicolaides was led into Bangkok's

criminal court. The 41-year-old was

arrested last August and charged

with insulting Thailand's king in

one of his novels. He says he's

endured unspeakable suffering in

the past five months in jail. This

has to be a bad dream. It cannot

possibly be real. The family says

only 50 copieds of the book were

printed and fewer than 10 sold.

In less than 24 hours Barack Obama will

will be sworn in as the first ever black president of the United

States of America. Millions are

pouring into Washington DC for the

historic event. The President-elect

of civil rights. spent the day honouring a pioneer

President-elect Barack Obama

grabbed a paint roller and helped

renovate a homeless shelter for

teens, on Julian King Day.

24 Hours before becoming the next

president, he anti-the called of

community service and paved the --

paid respect to the man who paved

the way for him. Don't underestimate the power of people

lady who join together. The future first

lady did her part helping put

together 75,000 care packages for

US troops serving abroad. Here on the

the streets of the capital the, the anticipation and excitement for tomorrow's inauguration is building.

Millions have come to Washington

witness history. Everyone here is

getting into the spirit. This woman

and her mother travelled from

Lawrence vill, Georgia. We

scrounged around, found hotel

reservations, jumped in the car and

drove up here. For this woman, who

lived through segregation in the

south , this is a dream come true.

I hoped this Daewoo come in my

lifetime and I hope our country

gets it together. The weather will

be fridgeied Tuesday. There might be fridgeied Tuesday. There might

even be snow. That doesn't matter

for this brother and sister. for this brother and sister. It's

got to be worse than that. I'd be

here rain, shine, sleet or snow.

That's how most feel here in the nation's capital. Nothing can keep

history. them away from this moment in

The pilot and crew of the jet which

landed in New York's Hudson River

have been invited as special gists

to the inauguration. The pilot was

telephoned by Barack Obama and congratulated for his heroic

effort, which saved the lives of 150 passengers. Meanwhile, the

badly damaged aircraft has been

air safety officers continue their towed to a New Jersey marina while

investigations.

Reconciliation will be the theme of this year's Australia Day

celebrations across the country. It

got under way this morning with a

special dawn service in Far North

Queensland. Ten reporter Summer

Burke filed this report from

Cooktown a short time ago. Locals

in Cooktown are used to unpredictable downpours but a

little rain has not dampened the

spirits of those involved in this

group Australians, some morning's sun rise ceremony. A

high-profile and some unknown faces

have gathered here this morning on

the local Jete to reflect on

Australia's history and share their

visions for the future.

Cooktown was chosen as the venue

for the event because of its historical significance. Captain

ship, Cook camped here in 1770 after his

ship, the Endeavour, ran aground on

the Great Barrier Reef.

National Australia Day Council

chair Adam Gilchrist was invited

by a local Aboriginal elder to

visit a sacred site here in

Cooktown during his visit and

Cooktown during his visit and see

he some indigenous rock art. He says

he hopes that Australians will

January embrace cultural diversity this

January 26.

Just to stop and think and take the

time to give it some thought about

other cultures and trying to

embrace them, learn a little bit

about it, because we've got so many,

so many great cultures in this

country. The ceremony symbolises

Day celebrations. the start of this year's Australia

A man is in hospital with stab

wounds after a road rage attack in Sydney's inner west. Emergency

crews were called to Ashfield after

reports of a fight between two

drivers. One man was taken to

hospital in a serious but stable

condition with a stab wound to his condition with a stab wound to

stomach. A second man was treated

for a cut to his leg before being

arrested by police. He's now been charged.

The key to earning big bucks is a

university degree according to a

new study. The Australian council

for education research has found

that employees with a degrea

increase their earnings by 31%

while apprenticeships increase an

income by 23%. Researchers say

social background has much to do

with performance at school but not at university.

Israel is withdrawing from the Gaza

region but there are fresh concerns

the offensive. about the ammunition they used in

Arab neighbours have accused

Israel of using shells containing

depleted uranium. The Saudi

Government has contacted the

international Atomic Energy Agency.

physical examination of the area. They want a full radioactive and

Lleyton Hewitt and Sam Stosur will

try to join Bernard Tomic, Bryden Klein and Jelena Dokic in the

second round of the Australian Open

today. A brilliant start for the

Aussies tempered by Casey

Dellacqua's straight-sets loss to

Daniela Hantuchova. The West

Australian squandered five set

Final three 6-4. Slovakian then claimed the second tie-break to Hantuchova. The points before losing a first-set team-mates confident he'll deal with whatever's thrown at him. I've known Dave for a while through club cricket at Easts and now through State cricket and international cricket, and the thing is he hasn't changed - and backs himself. he's still a kid that goes out there The South Africans not expecting any troubles from the Sydney crowd, after Morne Morkel was racially abused by a spectator during Australia's win in Hobart yesterday. Maybe our character on and off the field, maturity, the humility, has aided us and I think we've won a bit of the Australian crowd onto our side.

by Tasmania police. The abusive fan was arrested to let the matter rest. The South Africans happy Andrew Blow, Ten News.

Parramatta cult figure employ

Parramatta cult figure employ Moyle

employ could face the sack from the

NRL club after returning to

pre-season training 10 days late.

Moi Moi has become a favourite with

Eels fans during five seasons at

the club but has told Parramatta officials he was officials he was unable to return

from a holiday in Tonga because of

storms and flooding affecting the region. The club says the front

rower will face serious punishment

if they find out he could have maid it back sooner.

It's been a far from impressive

night on world markets. Juliana

Roadley joins us from CommSec now

to tell us about it. A new bail-out

plan for the UK failing to spur on the FTSE?

the FTSE? Yes, it's the second

stimulus package, Frank. They'll

spend ?50 billion to prop up their

banks directly and ?250 billion

indirectly with an insurance line

to prop up lending.

Economists suggest the economy will

shrink by 1.9% this year and only

grow by 0.4% in grow by 0.4% in 2010. That sent

most of the European indices down overnight.

The US market closed for the

public holiday.

Our market up 30 points yesterday

backed by the miners but it's points this morning. suggested to open down around 14

Access Economics has sparked panic

about an unavoidable recession.

What are your thoughts? It's a

dark at doom-and-gloom report. We're not so

dark at CommSec. We know the

economy is slowing but not looking

a at a recession. Remember that RBA

has a lot of interest rate clout,

of Frank, and the Government has a lot

of cash to throw at any problem

here at home. Juliana Roadley from

CommSec, thank you very much.

Briefly in other news this morning, BHP Billiton's earnings estimate

haves been slashed by analysts as

the mining giant prepares to

deliver its quarterly production

reports and ASIC is expected to

lift its ban on short selling and that

that should happen next week. The

word of the day of course - deflation much

That's a newy. We'll worry about

that too. Don't like it. No. Thanks,

Frank.

Just recapping today's main stories:

US President-elect Barack Obama

takes time out on the eve of his inauguration inauguration to do some volunteer work as millions of people pour into the US capital.

Prime Minister Rudd promises

unprecedented action to stave off a

recession warning 2009 may be the toughest in Australian history.

That's it for Ten's Early News. I'm

Tim Webster, have a great rest of Tim Webster, have a great

the day. I'm Frank Coletta. Have a good morning. Supertext Captions by Red Bee Media

Australia.