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Ten Early News -

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

morning. Welcome to Ten News. Today,

introduce a second economic the Government under pressure to

stimulus package as it keeps a

close on on inflation packages.

Firefighters on high alert in

Victoria preparing for the worst

heat wave in 100 years.

Queensland police working around

the clock looking for a gunman who

Queensland shot dead a father on the

Queensland Gold Coast.

And the fairytale run of Jelena Dokic at the Australian Open

finally comes to an end.

And the weather:

The Federal Government is ready to

take further action to combat the

financial crisis with a second financial crisis with a second economic stimulus package expected

next months. It could include tax

cuts and increase the dole. dealing with power brokers in PNG. With Kevin Rudd out of the country to contend with the ongoing onslaught He's left his deputy that's attacking our own backyard. of economic hardship We stand ready to do more continue to deteriorate. should international circumstances Government to go one better than that Access Economics is urging our

stimulus package immediately. and introduce a second doing more, It's clearly talking about it needs to come fast. but whatever it does, is Australia's recession risk - Right now 2009 or bust. will be released later today Inflation figures particularly low. and they're expected to be to be getting on inflation The good news we're likely interest rate cuts. should absolutely ensure further But the good news ends there - has announced the Canadian Government a $7 billion deficit, its next budget will be slapped with here in Australia, and as unemployment grows will be announcing similar figures it's almost certain our Government in coming months. Natasha Exelby, Ten News.

And Frank will have more on what's expepbgted from today anticipates inflation figures shortly.

Victoria is waiting for the worst heat wave in a century.

Temperatures are expected to top 40

degrees for the next four days.

Firefighters fear a repeat of the

devastating Ash Wednesday fires.

The main message is to keep The main message is to keep

hydrated and keep cool. In Adelaide,

the temperature reached 43.2 and 47

by midday away from the coast.

The family of a young father gunned

down in a road rage incident on the

Gold Coast has urged drivers Gold Coast has urged drivers to

keep their cool. Omega Ruston was

shot dead after cutting off another

driver. Police are still searching

for the killer.

Omega Ruston, a regular Aussie

bloke who loved life. At 32, he

was a father of two young children,

into sport and motor bikes. But on

Australia Day, Omega was heading

home from celebrations on the Gold

Coast when he was gunned down in

front of his mates. Just bang, bang,

that's all I've seen and the car that's all I've seen and the car

driving away. And the guy just

going oh, and when down on going oh, and when down on the

ground. What was an apparent minor

traffic incident quickly escalated.

Violent road rage that ended with

murder when a gunman fired two shots into Omega Ruston's stomach.

His death was sudden and avoidable.

His traumatised father and police

are now calling calm. It's a big

concern. Up don't get much concern. Up don't get much worse, really.

really. Despite so many witnesses,

Mr Ruston's killer hasn't been caught.

caught. He fled the scene in a red

sed an with two other men. Young people could receive a

discount on their university HECS

debt through community work. The

Federal Government is reportedly

planning to recruit a new community

core of volunteers to help drive

down unemployment. They could help

to drive down their HECS debt by

delivering meals on wheels or

becoming volunteer firefighters.

It is one of the six big ideas from

Kevin Rudd's twen 2020 Summit.

The bungled advertising campaign

from the Education Department after

they published the wrong back to

school date in national newspapers. school date in national newspapers.

It will now foot the bill for the

incorrect add, as well as a

correction to be published today.

Pacific Island leaders have said to Pacific Island leaders have said

hold a meeting this year for face

the consequences. They've the consequences. They've skullsed

given how to restore democracy. They've

given the self-appointed leader

Frank Bainimarama until May 1 to

set an election date. If he doesn't

do that, Fiji face expulsion from

the Pacific Islands Forum.

In Gaza, pressure on an already

shaky cease-fire. Palestinians

detonated a bomb targeting Israeli

army patrols. Israeli troops

quickly controlsed the border in

search of the attackers in the first serious clash since a

cease-fire came into effect more

than a week ago.

Barack Obama has had his first

interview as US President on Arabic

television. He admitted when it

comes to the Middle East, America

all too often starts by dictating.

communicate that the Americans are My job to the Muslim world is to

not your enemy. He says he'll not your enemy. He says he'll be

pressing Israel to hold big

decisions and wants to hold talks with Iran.

A woman in California has given

birth to eight babies, stunning doctors who thought she was expecting

expecting seven. It's only the

second time octuptluts in have been

born in the US.

They are doing well. Two of them

are on the ventilator, but I was

able to take the breathing tubes

out last night, so all of them are

breathing on their own. Three

babies still need oxygen through

the nose, but overall, their prono

sis is good. The first 72 hours are sis is good. The first 72 hours are

very critical in the early stage of

delivery, so we'll just have to pay attention for the next few days.

The six boys and two girls were

fine weeks early and delivered in

five minutes. The team was only

expecting seven babies and needed

to act fast when baby number eight

appeared. It was at first a little

shocking for one o two seconds. He

thought it was a bad joke, tell the

truth. These are just the second

live octuptluts born in the US. One live octuptluts born in the US.

died a week after birth, but the

other siblings just celebrated

their 10th birthday. The California

eight all weighed under 4lbs and

will likely remain in the hospital for two months.

Jelena Dokic 's Australian Open

fairytale is over after she went

down fighting to Dinara Safina.

Roger Federer might light work of Juan

Juan Martin del Potro to advance to

the men's semis and dock dok final

lip ran out of steam after one of

the more gruelling weeks of her career.

Jelena Dokic fought bravely, but

fought back to claim the second. Pushing Dinara Safina to the limit.

The Russian herself well on track

to becoming the next world number one.

But it wasn't to be, Dokic bowing

out to a rowsing oveation from the

Melbourne crowd. And the end of the

magical ride for Jelena Dokic. What

a story this has been. The

25-year-old resurrecting her 25-year-old resurrecting her tennis career and now assured of

career and now assured of

returning to the top 100 for the

first time since 2004. It went up

and down today as well. I could

have pulled it through, but I don't

think that I had it in me. I wasn't

able to fight through fatigue.

Roger Federer has his head Roger Federer has his head screwed

on in his bid for a fourth

Australian Open crown after dishing

out a tennis lesson to exciting

youngster Juan Martin del Potro. The

longer the match wept, the more he

struggled and the better I got.

And the difference was big in the

end. So it was surprising in a way

to have that kind of a score in to have that kind of a score in the

quarters of the slam, you know.

It's been revealed Andy Symonds

will be treated as a first time

offender when he faces a Cricket

Australia code of conduct hearing.

He faces a fine of up to $5,000 for

his national radio outburst. He's expected to avoid suspension

because he hasn't had to answer a

breach of the player's code

Meantime, New Zealand have arrived

ahead of their five-match series in

Perth believing they can

capitalise on Australia's poor form

to claim a series win.

The world's sporting press has

descended on Tampa Bay. Hundreds of

journalists and camera crews have

spent the day to get a look at the

Super Bowl players. Ben Graham will

be the first Australian to play.

I'm still pinching myself that I'm

here. It's been such a crazy here

that I'm here and I'm enjoying

every minute of it. Nicole Strahan

is among the huge crowd and we'll

cross to her later in the bulletin.

Finance news with Frank, and all

eyes on the inflation figures.

Yes, the Consumer Price Index for the

the December quarter is due out and

won't make good reading. Tipped to

be the lowest in two years.

Economists are expecting it to be

close to 3.5%, but a steep decline

from early 2008 which was about 5%.

The slowdown is largely due to the

swift drop in fuel prices. We're

likely to be getting on inflation,

should absolutely ensure further

interest rate cuts. There you go.

The Reserve Bank is meeting next

week and is expected to cut

interest rates by up to 1%. Business conditions and confidence

have rebounded from record lows according

according to the NAB's December

index, business conditions rose ten

points from November's ten-year low. Business confidence increased most

likely helped by the Government's

stimulus package last year and the series of interest rate cuts.

In other business news this morning,

Westfield says it will write down

the value of the asset businesses

by $3 billion and cut its dividend.

The measure of business inflation,

the Producer Price Index rose 1.3%.

Holden's five-week Adelaide

shutdown has begun for the second

time in two months.

And Wesfarmers shares rose 3% after

a $2.9 billion capital raising.

Better than expected raising in the

And the weather - we're a very And the weather - we're a very hot continent: Checking today's newspaper front

pages, the 'Australian' says heavy

weights have warned of turf wars if

the Government's work place laws are not amended. 'Business Day' reports on

Caterpillar's news that it's cutting

up to 20,000 jobs.

And the Adelaide 'Advertiser' with the international price the international price war

driving airfares as low as $138. driving airfares as low as $138.

Strike force police make another

arrest over a string of gangland

murders. That's next. live This program is captioned live.

This is Ten News. Today, the worst

heat wave in 100 years set to hit

Victoria. Temperatures set to top

40 degrees with firefighters on

40 degrees with firefighters on high alert.

A team of Queensland police still

searching for the man who gunned

down a Gold Coast father of two in

an apparent road rage attack.

In sport, the fairytale run of

Jelena Dokic at the Australian Open

finally comes to an end.

And in finance, the Reserve Bank

keeping a close eye on today's

inflation figures ahead of its

meeting on rates next week.

But first, a total fire ban has

been declared across Victoria with

temperatures set to soar above 40

degrees. The State is facing the

worst heat wave in a century with

firefighters, rail operators,

power companies and hospitals

power companies and hospitals on red alert.

Four days over 40 degrees have been

forecast for Victoria - the worst

heat wave since 1908. A once in a

lifetime experience for people in

Melbourne, and a very hot week

coming up. This emergency centre

has now swung in action with

firefighters fearing the summer

scorcher could see a repeat of the devastating

devastating Ash Wednesday fires.

Hospitals and paramedics expect to

be busy treating the be busy treating the vulnerable including the young and the very

old. The main messages are keep hydrated

hydrated and keep cool. Melbourne's struggling rail

network there. Everything is under

strain, power supply is put under

strain. People are put under strain. We're expecting some challenges We're expecting some challenges

this week. Victoria's Premier this week. Victoria's Premier says

that it won't strain the State's that it won't strain the State's

supply but won't rule out blackouts.

You can never guarantee that a

generator won go down. While SA is set to swelter over the coming week,

the mercury reached 43.2 in

Adelaide yesterday with no sign of

relief. It's bloody hot, mate. The

bottom of your feet and you start

sweating and it burns your ears. So yeah, it's getting bloody hot.

Further inland, temperatures

reached 47 by midday. The heat even

affecting those used to the

baking plains of Africa.

A young father shot dead in a road

rage incident on the Gold Coast has

been remembered as a regular Aussie

bloke who loved sport and motor

bikes. 32-year-old Omega Ruston was

driving home from Australia Day

celebrations when a red Sedan drove

alongside him. An argument alongside him. An argument broke

off when one cut the other off. A

shot was then fired into his

stomach killing him instantly. It's

a big concern, you know. You don't

get much worse, really. Despite so

many witnesses, the murderer has

not been caught.

Prime Minister Kevin Rudd says

leaders at the Pacific Islands

Forum have drawn a line in the Forum have drawn a line in the sand

after giving an ultimatum to the

Fijjian. For the interim Government

of Fiji to declare its intention

for an election. And secondly, for

the election to be held. If the election to be held. If self-appointed leader Frank Bainimarama doesn't agree to the move, the country could be expelled

from the forum or face further sanctions.

While Kevin Rudd is in Papua New

Guinea, Julia Gillard has been left

to handle the growing economic

crisis. She's expected to act as

necessary. A second stimulus

package could be announced package could be announced next month while the Government considering month while the Government is considering tax cuts. Increased

dole payments and additional

funding for welfare groups.

Sydney Police have convicted a man

over the murder of Terry Falconer.

Two other men have already been

charged over the death. Officers

from Strike Force Tuno2 are investigating up to ten gangland

murders and attempted murders in

Queensland and NSW. An

Fresh fighting threatens to shatter

Gaza's tense 10-day old cease-fire.

The Israeli military retaliated

after blaming Hamas militants for

blowing up a bomb next to an army

patrol, killing one soldier and

wounding three others. Palestinians

held a funeral for a man reportedly

shot and killed by Israeli forces

not far from the attack. The

outbreak in violence came as

President Obama sent new Middle

East peace envoy to the region. In

the President's first interview

with an Arabic network, he said it

was not for the US to dictate

what's best for Israeli and

Palestinians. But I do believe that

the moment is right for both the moment is right for both sides

to realise that the path that they

are on is one that is not going to

result in prosperity and security

for their people. The first crucial for their people. The first crucial

challenge will be picking up the

pieces and keeping the peace in

Gaza. Both sides now look to the US

to help broker a breakthrough to avoid a return to the bloodshed.

Super Bowl festivities have kicked

off today in Florida with former

AFL star Ben Graham overcoming a

groin injury to be the first

Australian to play in the US show

piece. Nicole Strahan is with the

happy throng in tamp a. And five

days out from the game, how is he

play feeling? Well, I can tell you

that Ben Graham could barely wipe

the smile off his face as he was

answering questions at the media

day. He will become the first

Australian to play in the Super

Bowl, and he was really quite the

attraction at the media day here

today in the stadium that you can

see behind me. Thousands of journalists, journalists, cameramen and

photographers from around the world, photographers from around the world,

and Ben Graham answered questions

for almost an hour from

international media and many of the local local media outlets here. And I

think part of the attraction of Ben

Graham apart from the Australian

accent is his story. Last September,

he was part of the New York Jets,

but he was dumped by that team

after spending a couple of years

with them. Again re-signed in a

couple of weeks to be dumped again.

He was then picked up by the New

Orleans Saints but played only

game for the team as a kicker A

free agent, he was picked up by the Arizona Cardinals and that's Arizona Cardinals and that's how he's found himself here, part of a

team that is now in the Super Bowl

and they'll play the Pittsburg

Steelers here at the stadium you

can see behind me on Monday

Australian time. And for Ben Graham,

he really can't quite believe he's

here. He says he keeps pinching

himself, because after all, eight

weeks ago he was sitting on a couch.

This is it. This is the ultimate.

This is what you want in team This is what you want in team sport

is to play for the ultimate prize.

So we've got that opportunity on Sunday

Sunday and I'm hopeful that the preparation

preparation that all the players

have put in, both on and off the

field is going to pay off. It was

touch and go for him. What's the

latest on Ben's injury? latest on Ben's injury? Well, Ben

did have a niggling groin injury

just before the play-offs did that

give did him pain in the game a

week ago that saw the Arizona

Cardinals get through to the Super Cardinals get through to the Super

Bowl. He says he's fine. When I

asked whether or not there was any

chance it would stop him playing.

He said "I will be playing on

Sunday and I can't wait."

Thank you, Nicole, Nicole Strahan

in Tampa Bay in Florida.

Jelena Dokic's fairytale Australian

Open run is over after a gutsy

3-set loss to Dinara Safina. Roger

Federer made light work of Juan

Martin del Potro to reach the men's

semis. Dokic claimed a tough second

set and at times, appeared to

totally nom date the third seed.

The fatigue got to her. It wasn't

to be. She went down 4-6 to a

standing ovation from the Melbourne crowd.

Australia have recalled two big

guns as they try to salvage

something from the series against

South Africa. Nathan Brackan and

Michael Clarke return for the fifth

and final game against the Proteas.

The Aussies have already lost the

series, currently trailing 3-1. You

want to be ranked number one in the world in every competition you play

in. And I don't know, winning is

sort of synonymous with cricket in

Australia and in this country. So

we like to keep that winning feeling

going. But it's all given New

Zealand plenty of confidence as

they arrive for a 5-match series

which starts on Sunday. which starts on Sunday.

Adelaide United defender Robert

Cornthwaite's hope of a Socceroos

debut have been dashed. He's a hip flexor

flexor injury. Meanwhile, Pim

Verbeek will shop one of

Australia's most inexperienced

sides ever. It is a huge boost for

everybody based back in Australia

now. As far as Adelaide with the

Asian Champions League had a huge

impact getting into the final. It's

definitely something that we're all

looking forward to. Indonesia is

ranked 144 in the world, but

they'll be buoyed by a

90,000-strong sellout crowd.

The Reserve Bank board will be

keeping a close eye on inflation

figures due out today as figures due out today as he

prepares for its meeting on prepares for its meeting on rates

next week. With the details,

Juliana Roadley from Commsec joins us live.

Good, bad or ugly, what are we

expecting from the CPI? We're

expecting it to show that inflation

is under control, falling for the

first time in two years. This will

play a very big hand into the

decision from the RBA next week. We

expect a 50 bails is cut point or

more. The market is looking for a

bit of 1% when it is announced

next week. CPI calling for a fall

of 4.1%. The real big factors

driving into the announcement will be

be the 18% decline in the petrol

price. Big falls in fruit and

veggie prices and the big discounts

we've seen from retailers. Let's

talk Wall Street and what it's been

like overnight there? The US

narkets are going well, pushing

aside record lows in house prices and consumer confidence, deciding

to move higher on OK company data.

At the moment the DOW is up by 48.

European markets were slightly

weaker. Most of Asia closed for

the Lunar New Year holiday. We had

a great day yesterday, expecting to

open up about 50 points higher.

Thank you.

Westfield has forecast a multibillion

multibillion dollar hit to bottom line.

line. The group which owns 119

shopping centres around the world

will book a $3 billion asset will book a $3 billion asset

writedown as well as a cut to the

dividend. It follows a drop dividend. It follows a drop in

property values and a slowdown in

the retail sector.

In other business news this morning:

Now the weather today:

A woman in the US gives bith to act upt lets. The details when the early news returns.

This program is captioned live.

Today, the Government under

pressure to introduce a second

economic stimulus package to keep a close eye on the inflation figures. Soaring temperatures Soaring temperatures across Victoria. Firefighters on high

alert, preparing for the worst

heat wave in 100 years.

Pacific Island leaders give an

ultimatum to Fiji.? Sport, Jelena Fiji.? Sport, Jelena Dokic's fairytale run at the Australian

Open finally comes to an end.

The Federal Government is ready to

take further action to combat the

financial crisis with a second financial crisis with a second economic stimulus package expected

next month. New measures could include tax cuts and increasing the dole. With Kevin Rudd out of the country dealing with power brokers in PNG. He's left his deputy to contend with the ongoing onslaught of economic hardship that's attacking our own backyard. We stand ready to do more should international circumstances Access Economics is urging our Government to go one better than that and introduce a second stimulus package immediately. It's clearly talking about doing more, but whatever it does, it needs to come fast. Right now is Australia's recession risk - 2009 or bust. and they're expected to be particularly low.

The good news we're likely to be getting on inflation should absolutely ensure further interest rate cuts. But the good news ends there - the Canadian Government has announced its next budget will be slapped with a $7 billion deficit,

and as unemployment grows here in Australia, it's almost certain our Government will be announcing similar figures in coming months. Natasha Exelby, Ten News.

Victoria is under a total fire ban

exing the worst heat wave for 100

years. Paramedics are preparing

for heat-related illnesses and

firefighters. They expect the next

four days to be over 40 degrees.

The main message to is to keep high

dated and keep cool.

The temperature reached 4 approximate.2 in Adelaide yesterday.

In breaking news from the UK,

claims Queen Elizabeth and Prince

Philip were the victims of an assassination attempt on an

official tour of Australia almost

40 years ago. The report says there

was a log on a railway track. The

train struck the log, but came

safely to a halt at a level

crossing. The Queen and the Duke

were unaware anything had ever happened.

The family of a young father gunned

down in a road rage incident on the

Gold Coast has urged drivers to

keep their cool. Omega Ruston keep their cool. Omega Ruston was

shot dead after cutting off another

driver. Police are still searching

for the killer. Omega Ruston, a regular Aussie

bloke who loved life. At 32, he

was a father of two young children,

into sport and motor bikes. But on

Australia Day, Omega was heading

home from celebrations on the Gold

Coast when he was gunned down in

front of his mates. Just bang, bang.

That's all I seen and the That's all I seen and the car

driving away and the guy just going

- oh, and went down on the ground. - oh, and went down on the ground.

What was an apparent minor traffic incident quickly escalated.

Violent road rage that ended with

murder when a gunman fired two

shots into a Omega Ruston's stomach.

His death was sudden and avoidable.

His traumatised father and police

are now calling for calm.

It's a big concern, you know. You don't get much worse, really.

Despite so many witnesses, his killer hasn't been caught. He fled

the scene in a red Sedan with two other men.

Students in NSW return to school

today as education bosses fails the

consequences of a bungled

advertising campaign. They've been left red-faced after left red-faced after incorrectly

publishing the wrong back to school

dates in a newspaper. The ad said

that schools would go back next

week. They'll now foot the bill for

the incorrect ad.

Pacific iep land leaders have given

given Fiji an ultimatum. They've

skullsed how to restore democracy

to Fiji and given the country's self-appointed leader Frank Bainimarama until May 1 to set the

date. If they don't agree to the

deadline, they face expulsion deadline, they face expulsion from the Pacific Islands Forum.

A flare-up in Gaza on an already shaky cease-fire. Palestinians

detonated a bomb targeting an

Israeli army personnel on Israeli army personnel on the

border. Israeli troops quickly

controlsed the border in search of

the attackers in the first serious

crash since a cease-fire came into

effect more than a week effect more than a week ago.

Barack Obama had his first

interview as US President on Arabic

television. He says when it comes

to the Middle East, America all too

often starts by dictating. My job

to the Muslim world is to

communicate that the Americans are

not your enemy. The President says

he'll be pressing Israel to hold

hard decisions and wants talks with Iran as well.

A woman in California has given

birth to eight babies, stunning

doctors who thought she was

expecting seven. It's only the

second time that octuplets have

been born in the US.

Eight is definitely enough for this

new California mum. They are now

doing well. Two of them were on the

ventilator, but I was able to take

their breathing tubes out last night. So awful them are breathing

on their own. Three babies still

neex oxygen through the nose, but overall,

overall, their prono sis is good.

The first 72 hours are very

critical in the early stage of

delivery, so we'll have to just pay

attention for the next few days.

The six boys and two girls were

nine weeks early and delivered by

C-section on Monday in five minutes.

The 46-member team was actually only only expecting seven babies and

needed to act fast when baby number

eight appeared. It was at first a

little shocking for maybe one or

two seconds. He thought it was a

bad joke, tell the truth! These are

just the second live octuplets born

live in the US.S first in 1998. One

died a week after birth but the

other siblings just celebrated

their 10th birthday. The California

eight all weighed under 4lbs and

will likely remain in the hospital

for two months.

Jelena Dokic's Australian Open

fairytale is finally over after she

went down fighting to third seed

Dinara Safina. Roger Federer made

light work of Juan Martin del Potro.

And Dokic finally ran out of steam

after one of the more gruelling

weeks of her career.

Dokic fought bravely before losing Dokic fought bravely before losing

the first set but fought back to

claim the second. Pushing the highly rated Dinara Safina to the

limit. The Russian herself well on

number one. track to becoming the next world

number one.

Crashing forehand. But it wasn't to

be. Dokic bowing out in a tough be. Dokic bowing out in a tough

three setter to a rousing ovation to the Melbourne crowd.

COMMENTATOR: What a story this has

been for Jelena Dokic. She is back.

The 25-year-old resurrecting her

tennis career, and now assured of

a return to the top 100 for the

first time since 2004. Yeah, it

went up and down today as well. And

you know, could have pulled it

through, but I just don't think I

had it in me. Just wasn't able to

fight through fatigue. Roger

Federer has his head screwed on in

his bid for a fourth Australian

Open crown after dishing out a tennis lesson to exciting

youngster Juan Martin del Potro.

The longer the match went, the more

he struggled and the better I got.

And yeah, the difference was big in

the end. So it was adviceing in a

way to have that kind of a score in

the quarters of a slam, you know. It's been revealed Andy Symonds

will be treated as a first time

offender when he faces a Cricket

Australia code of conduct hearing

tomorrow. Symonds faces a fine of

up to 5,000 for the national radio

outburst aimed at New Zealand batsman Brendon McCullum. He's

expected to avoid suspension

because he hasn't had to answer a

Zealand breach of the code before. New

Zealand arrived ahead of a 5-match

series in Perth, believing they

can capitalise on Australia's poor

form to claim a series victory.

Robert Cornthwaite's hopes of a

game play has been dashed. Pim

Verbeek will name one of Australia's most inexperienced

sides ever. Craig Moore one of only

six players with any international

experience in a 21-man squad. It is

a huge boost for everybody based

back in Australia now. As far as Adelaide with the Asian Champions

League had a huge impact with

getting to the final. So you know,

it's definitely something that

we're all looking forward to.

Indonesia is ranked 144 in the

world but will be buoyed by a

90,000-strong sellout crowd.

Finance news with Frank, and

Important inflation, that's the bigy today.

Important ones coming out. The Important ones coming out. The

consumer price index for December

due out today. Tipped to be the lowest in two years. Economists are

predicting the December inflation

numbers to be close to 3.5%. That's

a steep decline from early 2008

figures which were 5%. The slowdown

is largely due to the swift drop in

fuel prices. The good news we're

likely to be getting on inflation should absolutely ensure should absolutely ensure further

interest rate cuts. And on interest rate cuts. And on that

score, the Reserve Bank is meeting next score, the Reserve Bank is meeting

next week and is expected to cut

interest rates by up to 1%. The British Government has stepped

in to prop up its ailing car

industry with credit funding of up

to $4.8 billion. The UK has been

hit hard by the slowdown.

Production slumped by nearly half

in December.

Briefly in other business news this

morning, Westfield say it is will

write down the value of its assets

by $3 billion and cut its dividend.

The measure of inflation, the Producer price index rows by 1.3%.

Holden's planned 5-week Adelaide

shutdown has begun.

Better than expected corporate

results helped US stocks. And the weather:

Checking this morning's newspaper

headlines - the 'Herald Sun' says

Kevin Rudd is hoping to recruit

young Australians into community

work in exchange for discounts on

university HECS payments.

The 'Financial Review' says that

Westfield has been swept upt in the

global real estate route.

And the 'Daily Telegraph' says And the 'Daily Telegraph' says the

NSW Government is considering

raising the school leaving age by

two years to 17. After

After the break, a fiery train

crash in Scotland. Stay with us. NELSON... COMING UP, GOOD MORNING, I'M FIONA

THE A-C-T GOVERNMENT TO THE CANCER COUNCIL, WANTS REGULATE SOLARIUM USE SOLARIUM USE MONEY FOR CHARITY. AND THE RAIDERS, RAISE HAVE A NEW MEDICAL CENTRE BUT FIRST, BELCONNEN, WILL G-P'S, EXPECTED TO MOVE IN, BY APRIL, WITH SIX NEW SHORTAGE. EASE THE A-C-T'S CURRENT AT OATLEY COURT IN UPGRADE WORK, IS UNDERWAY OF THE FACILITY, PUTTING BELCONNEN, WITH DIRECTORS THE CALL OUT FOR AVAILABLE DOCTORS. OPERATORS OF THE CLINIC, EXPECT THERE TO BE A HIGH

DEMAND FOR THE NEW FACILITY, DESPITE IT BEING SO CLOSE TO THE GINNINDERRA MEDICAL CENTRE. A SYDNEY MAN, IS DUE TO FACE COURT IN GOULBURN NEXT MONTH, AFTER ALLEGEDLY BEING CAUGHT DRIVING WHILE SUSPENDED... AT SPEEDS OF MORE THAN TWO HUNDRED AND 15 KAYS AN HOUR. THE 35 YEAR OLD, REPORTEDLY HAD HIS WIFE AND YOUNG KIDS IN THE CAR, WHEN HE WAS CAUGHT ON THE HUME HIGHWAY ON FRIDAY. UNTIL HIS NEXT COURT DATE. HE'S BEEN GRANTED BAIL,

NEW FIGURES, WHICH PROJECT LOCAL HOUSING GROUPS SAY, PLACE TO LIVE, AREN'T CANBERRA AS AN AFFORDABLE ACCURATE. AUSTRALIA IS GENERALLY THE RESEARCH SHOWS, CAPITAL, HAS BEEN LISTED AS UNAFFORDABLE... BUT THE

COUNCIL, WANTS THE LOCAL AND THE A-C-T CANCER SYDNEY'S. COMPARED TO SYDNEY'S. CANBERRA'S MARKET CAN'T BE ACCURATE, ALTHOUGH ALTHOUGH CANBERRA'S MARKET ARE GENERALLY ACCURATE, SHELTER' SAYS, THE FINDINGS BUT THE GROUP 'A-C-T WOLLONGONG, AND NEWCASTLE. RENT THAN MELBOURNE, MORE AFFORDABLE, TO BUY OR

GOVERNMENT, TO REGULATE THE USE OF SOLARIUMS. REGULATE THE USE OF SOLARIUMS. VICTORIA, HAS ALREADY IMPLEMENTED STRICT STANDARDS, WHICH RESTRICT USE, TO PEOPLE UNDER 18, AND ALSO PEOPLE WITH FAIR SKIN. CHIEF MINISTER JON STANHOPE SAYS, SOLARIUM USE SHOULD BE REGULATED NATIONALLY, BUT HE SAYS, A-C-T HE SAYS, A-C-T LEGISLATION, COULD BE PUT IN PLACE IF A UNIFORM STANDARD ISN'T ACHIEVED.

TO SPORTS NEWS NOW, AND THE RAIDERS TRIAL MATCH, OVER THE WEEKEND, HAS AGAINST THE CRONULLA SHARKS THREE AND A HALF THOUSAND HELPED TO RAISE MORE THAN MONARO CANCER SUPPORT DOLLARS, FOR THE EDEN GROUP. THEIR FIRST TRIAL GAME FOR THE GREEN MACHINE, WON THE SHARKS. OH-NINE, 32 TO 12, AGAINST CELEBRATE, AFTER COLLECTING AND THE SIDE CAN ALSO EIGHT HUNDRED - AND 27 A TOTAL OF THREE THOUSAND - CANCER SUPPORT NETWORK. DOLLARS, FOR THE LOCAL TODAY'S WEATHER... NOW HAVING A LOOK AT WEATHER...

DIRECT A WARM TO HOT A HIGH OVER TASMAN SEA WILL NORTHEAST TO NORTHWEST STREAM ACROSS THE REGION,

WEEK.

ACROSS THE NATION - FINE, AND SUNNY FOR CANBNERRA HEADING FOR 35 - MOSTLY SUNNY IN SYDNEY - VERY HOT

AND SUNNY IN MELBOURNE AND ADELAIDE

CHECKING WHAT'S HAPPENING ACROSS SOUTHERN NEW SOUTH WALES - FINE AND SUNNY FOR DUBBO 37 DEGREES THE EXPECTED TOP - 40 FOR WAGGA A SUNNY DAY WITH A TOP OF 34 FOR BATHURST - A FINE DAY AFTER EARLY DRIZZLE FOR DRIZZLE FOR BOWRAL BECOMING SUNNY, HEADING FOR A HIGH OF 36 FOR COOMA - 39 DEGREES ON THE WAY FOR WAY FOR PARKES FEW DAYS - WE CAN EXPECT LOOKING AHEAD TO THE NEXT WEEK - TEMPERATURE - WITH A TOP OF NOT MUCH VARIATION IN THE WEEKEND 36 EXPECTED EACH DAY INTO . This program is captioned live.

This is Ten News. Today, the worst

heat wave in 100 years set to hit

Victoria. Temperatures set to top

40 degrees with firefighters on

high alert. Queensland police still searching

for the man who gunned down a Gold

Coast father in a road rage attack. In

In sport, the fairytale run of

Jelena Dokic at the Australian Open

finally comes to an end.

And in finance, the Reserve And in finance, the Reserve Bank

keeping a close eye on today's

inflation figures ahead of its

meeting on rates next week.

First, a total fire ban has been declared across Victoria with

temperatures set to soar above 40

degrees. The State is facing its

worst heat wave in a century with paramedics and hospitals and

firefighters on red alert.

Four days over 40 degrees have been

forecast for Victoria - the worst

heat wave since 1908. A once in a

lifetime experience for the people

of Melbourne. And a very hot week

coming up. This emergency centre

has now swung into action with firefighters fearing the summer

scorcher could see a repeat of the

devastating Ash Wednesday fires.

Hospitals and paramedics expect to

be busy treating the vulnerable

including the young and very old.

The main messages are - keep

hydrated and keep cool. Melbourne's struggling rail

network expecting trouble.

Everything is put under strain,

power under strain, equipment under

strain, people under strain. We're

expecting challenges this week.

Victory yaes's Premier says the

conditions won't strain the

energy's supply, but won't rule out

black yous. You can never guarantee

a generator won't go down. In SA,

the mercury reached 43.2 in

Adelaide yesterday with no sign of

relief. It's bloody hot, mate. The

bottom of your feet and start

sweating and it burns your ears. So sweating and it burns your ears. So

yeah, it's getting bloody hot.

Further inland, treachs reached 47

by midday. The heat even affecting

those used to be the baking

plains of Africa.

A young father shot dead in a road rage incident on the Gold Coast rage incident on the Gold Coast has

been remembered a a regular Aussie

bloke who loved sport and motor bikes. 32-year-old Omega Ruston was

driving home from Australia Day

celebrations when a red Sedan

pulled up alongside him. Police say

an argument broke out after one of the

the cars cut the other one off. A

gun was then pulled killing him instantly. It's a big concern, you

know, you don't get much worse,

really. Tkpe spite so many witness,

the killer has not been caught.

Sydney police have charged a third

man over the death of convicted

drug dealer Terry Falconer in 2001.

The 41-year-old was arrested in the

city's south-west yesterday and has

been charged with conspiracy to

commit murder. Two other men have

also been charged over the death.

Officers are investigating up to

ten gangland murders and ten gangland murders and attempted

murders in NSW and Queensland.

Prime Minister Kevin Rudd says

leaders at the Pacific Islands

Forum are drawing a line in Forum are drawing a line in the

sand to deliver an ultimatum sand to deliver an ultimatum to

Fiji . For the interim Fiji . For the interim Government

of Fiji to declare its intention to

hold an election. And secondly, to

that election to be held by the end

of this year. If Fiji doesn't agree to

to the move, it could be expelled from

from the forum.

While Kevin Rudd is in Papua New Guinea,

Guinea, Deputy Prime Minister Julia

Gillard is here to help with the

second stimulus package expected to

be announced as early as next

month. The Government are

considering additional funding for

welfare groups and dole payments.

Two people have walked away

unscathed from an aircraft

emergency landing yesterday

afternoon. The pilot and the

student were forced to land when

the engine cut out. No-one was hurt.

Emergency crews say it was a text book landing.

An Israeli soldier and a

Palestinian have been killed in the

latest clash on the Gaza border.

Today's violence is the worst since

a shaky cease-fire came into effect

ten days ago.

Fresh fighting threatens to shatter

Gaza's tense 10 day cease-fire. The

Israeli military retaliated after

blaming Hamas militants for

blowing up a bomb next to an army

patrol. Palestinians held a funeral

for a man reportedly shot and

killed by Israeli forces, not far

from the attack. The outbreak in from the attack. The outbreak in

violence came as President Obama

sent new Middle East peace envoy

George Mitchell to the region. In

the President's first interview

with an Arabic network, he said it

was not for the US to dictate what's

what's best for Israeli and

Palestinians. But I do believe that the

the moment is right for both sides

to realise that the path that they

are on is one that is not going to

result in prosperity and security

for their people. The first crucial

challenge will be picking up the

pieces and keeping the peace in

Gaza. Both sides now look to the US

to help broker a breakthrough to

avoid a return to the bloodshed.

A freight train hauling tankers of

petrol has derailled and caught

fire in Scotland. It's understood

it hit a pi London when crossing a

bridge and then collapsed. Power

supplies from cut to nearby supplies from cut to nearby towns.

Fortunately no-one was injured.

A cargo plane has crash landed in

Texas skidding off the runway. The

FedEx aircraft skid into a snowy

embankment ploughing its right wing

into the ground. The two pilots

managed to walk away with managed to walk away with only minor injuries.

Jelena Dokic's fairytale Australian

Open run is finally over after Open run is finally over after a

gutsy three-set loss to Dinara

Safina. Roger Federer made light

work of Juan Martin del Potro to

reach the men's semis, but it was

Dokic the fans had come to see. She

claimed a tough second set 6-4 and at times appeared to totally

dominate the third seed.

The fatigue got to her, it wasn't

to be. Dokic went down to a standing ovation from the Melbourne

crowd. She should be very proud of herself.

Australia has recalled two big guns

trying to salage something from the

one day series against South Africa.

Nathan Brackan and Michael Clarke

return for the fifth and final game

against the Proteas in Perth. The

Aussies have already lost the

series trailing 3-1. You want to be

ranked number one in the world in

every competition you play in, and

I don't know, winning is sort of synonymous with cricket in

Australia and in this country, so

we would like to keep that winning feeling

feeling going. It's all given New feeling going. It's all given New

Zealand plenty of confidence as

they arrive for a 5-match series which which starts on Sunday.

The world's sporting press have

descended on Tampa Bay for the Super Bowl's official media bay. Hundreds of photographers and

journalists and camera crews spent

the day josling to get a piece.

Ben Graham will become the first

Australian to play in the NFL's

show piece. I'm still pinching

myself that I'm here. It's been

such a crazy year for me and my family and I'm enjoying every

minute of it and can't wait until

Sunday. Fans can catch the Super

Bowl live on Ten and Ten HD next

Monday from 10am.

The Reserve Bank Board will be

keeping a close eye on keeping a close eye on inflation

figures today as it prepares for

its meeting on rates next week.

With all the details, Juliana

Roadley from Commsec joins us Roadley from Commsec joins us live. What are you expecting from the

CPI? We expect the big term that

everyone will be talking about is deflation and not inflation. We're

looking for the first fall in two

years. This will play in the RBA's

decision. We're looking for a 50

basis point or more cut when they

announce. The market is factors in announce. The market is factors in

up to a one percentage point cut.

The CPI today is looking for a fall

of around 0.4%. If we get that

number, that will be an 11-year low.

We feel it will be driven by We feel it will be driven by the

18% decline in fuel. Falls in fruit

and veggie prices and big

discounting from the retailers.

Fairly flat on Wall Street early,

but then things got better. Yes, at

the moment the DOW is up 57 points

and the NASDAQ up by 15 points. It

looked like the market pushed aside

the record low housing prices and

consumer confidence and looking at

OK company data. Over in Europe, it

wasn't such a great day. Asian

wasn't such a great day. Asian

markets, most of them closed markets, most of them closed for

the Lunar New Year holiday. Here at

home yesterday, a great session and

it looks like we're going to be

opening up 44 points higher this morning.

Thank you very much for the update.

Holden's planned 5-week shutdown of

its Adelaide factory has begun. The

3,500 workers were forced to take a fortnight off before Christmas

due to falling sales and the

global financial crisis. They'll

all receive 4.5 days pay for each

that the plant is closed. The SPI

is about 40 and inflation should be

down, so maybe not a bad day. And

interest rates down too! Now the

weather across the country, wet in

Brisbane and 30. Then it's sunny.

28 in Sydney and Canberra 35.

Melbourne 41. Adelaide 44. Perth

mostly cloudy and 30.

Recapping today's main news, the

Government is under pressure to

introduce a second economic

stimulus package that keeps a close

eye on the economic figures.

Soaring temperatures in Soaring temperatures in Victoria. Firefighters on high alert

preparing for the worst heat wave

in 100 years. And in sport, Jelena Dokic's fairytale run at the Dokic's fairytale run at the

Australian Open has come to an en.

That's it for Ten's Early News.

Have a great Wednesday. We'll leave

you now with a fireworks display in

Hong Kong for Chinese New Year.

Have a very great day.

Supertext Captions by Red Bee Media Australia www.redbeemedia.com.au