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Ten Early News -

View in ParlView

(generated from captions) This program is captioned live.

Good morning. Welcome to Ten News.

Making news on Ten this morning -

Brendan Nelson anouns he's quitting

politics. The shock news capping 24

hours for the Liberal Party.

Victory's bushfire death toll rises

to 189. The identity has been

revealed of a man charged with

lighting the deadly Churchill fire.

North Queensland's flood bill has

gone into the hundreds of millions

of dollars as stranded residents

cut off. are told they face another month

And

And in the business world, more job

losses in the car industry and not

so many cuts at an iconic English

manufacturing plant.

First a check of the weather around

the country today:

First this morning, former Federal

Opposition leader Brendan Nelson

has announced he's quitting

politics at the next election. He

broke the news to his branch nebs

in Sydney last night. He's been on the backbench since September after

losing the Liberal leadership to losing the Liberal leadership

Malcolm Turnbull. I had great opportunities

opportunities bestowed on me by my

party and my electorate, and it's

time now for someone else to have a

go. Dr Nelson's announcement came

on the same day the Liberal Party

installed Joe Hockey as Shadow

Treasurer after Julie Bishop quit

Police the portfolio.

Police in Victoria have revised

the Black Saturday death toll in

almost a week to 189. It comes as

the identity of the accused

Churchill arsonist is revealed. His

lawyers now fears vigilante attacks. lawyers now fears vigilante attacks.

There was a strong security and media throng at Melbourne

Magistrates Court, but no sign of

angry victims or the accused

arsonist, the 39-year-old was

arrested on Friday for allegedly

which lighting the church hill blaze

which killed at least 10 people.

He's charged with:

Despite fears of vigilante attacks,

his name has been released. On his

MySpace page, he described his

hero as mother nature. He'll face

court again in May. As the legal

battle plays out, so does the slow

and grizzly body count. We still

may well find some parts - sady

some parts of individual that is we

weren't sure were there before.

These are very, very difficult

sites to deal with. In many cases,

identification will be impossible

and the final toll could take weeks.

It's got to be done properly and they've been going through and they've

making sure it's right. Another

unknown toll is just how many

native animals have been killed -

bearing bad burns, this brushtail

possum and this koala and her Joey

are among the lucky ones. I'm sure

that there are hundreds of

thousands of creatures out there that didn't survive the terrible

fires. This Sunday has been

declared a national Davies mourning.

The main service will be held at

Melbourne's Rod Laver Arena.

Inundated communities in the Gulf

of Carpentaria are facing another

month of isolation as Queensland's

flood damage bill climbs past $210

million. And what's worse, a dengue

fever outbreak has struck down its 400th victim.

now Residents in the Gulf country have

now been cut off for five weeks,

and some property owners say

they're still not getting any help.

They're having to fork out for

helicopters to feed stranded stock,

you go in Ingham, some flood

victims are sending money given to

them straight to Victoria. So,

they're saying - I'll take my

entitlement, but I'm going to

donate it to the fire victims, but

look, that just goes to show the

compassion of the area. This town,

1600 km best of Brisbane is also struggling.

struggling. The roads in and out

are blocked and huge pools of brown

water cover the cattle country, but

despite the fact that all supplies

need to be brought in by air, local

farmers couldn't be happier. Yeah,

very used to this sort of weather

and hope for a flood. It's what

keeps the country going, so this is

a good year. The bad news for flood

victims is dengue fever has now

spread to 400 people and water

levels are expected to rise even further next week.

A man is in a serious condition in

hospital after a high speed car

crash in Sydney's west this morning.

The driver of the car walked from

the wreckage with a broken arm

after wrapping his car around a tree

at Lidcombe. Another man in the

front seat was trapped for two hours

before rescue crews were able to

cut him free.

Meanwhile, a Sydney fast food

restaurant may have to rethink its

drive through policy. The woman

behind the wheel went through a

garden and smashed through the

front window of the KFC at Minto at

6:00 last night. No-one was injured.

A dolphin severely mauled by a

shark near Brisbane has finally

been captured. He was found near

Moreton Island. Rescuers had

waited 72 hours to catch him and

treat him. It's a nasty wound but

at least the animal is in and

feeding. It's hoped that Nari will

be well enough to be released back

into the sea in a Monday. Foil

Sport this morning and Sport this morning and the Australian

Australian cricket team has just

arrived in South Africa clinging

to the number one Test ranking.

Before leaving, captain Ricky

Ponting conceded that South Africa

will start the upcoming series as favourites. off to South Africa Australia's cricketers up for grabs. with their number one world ranking any added pressure on us. There won't be Maybe on South Africa, you know,

in the back of their minds - maybe with that for a long time they've probably been striving number one Test team in the world or recognised as being the more than ours. so maybe that'll weigh on their mind

to South Africa down-under, Just a month after their 2-1 loss the series to hold onto the top spot. Australia will need to win or draw anything we've spoken about. Revenge has never been Australian squad of the modern era, It's the most inexperienced Phillip Hughes... featuring debutant opener I'll grab him on the plane and have a listen to it for a while

and see what gets him going. Marcus North. ..and uncapped Western Australian hoping to play. I'm certainly going over take one step at a time, So I just gotta see how things go, I'll get an opportunity. and hopefully

They'll meet South Africa's A side on Friday.

Andrew Brown, Ten News.

The rookie umpire involved with

making contact with injured St

Kilda midfielder Robert Eddy has

been cleared by the AFL. In this

new behind the goal vision, field

umpire Ben Ryan can be seen making

contact with Eddy after a boundary throw-in. The AFL viewed the incompetence dent and cleared Ryan

of any wrong doing. Eddy suffered

knee ligament damage and is likely

to miss a month. Meanwhile, a good

record has saved Ash McGrath from

a suspension. He escaped a reprimand.

Hurricanes captain Rodney Soliolo

has copped a suspension for

tampling on Phil Waugh during the

Super14s Tahus -- tastas win.

I'm happy that Phil is all right

and I see that the injury may not

have been caused by me. I'm very

disappointed that I won't be

playing this weekend. The Tahs have

signed former Queensland red Luke Doherty. Time

Time to do the numbers and the sun

appears to be setting rapidly on the

land of the rising sun.

That's right, the bad news

continues from Japan. It's been

revealed that the economy sh rank

in December in the fastest rate in

35 years and it shows no time of

stopping soon. Japan's GDP

contracted 3.3%, that equauts to

12.7% for the year. That's worse

than expected and three times as

bad as in the US. Toyota, Sony and

a lot of other companies have cut

jobs and forecast big losses for

the year.

It's no mystery why most of us

dislike banks so much. All but the Commonwealth said that they'll

charge us if we use a rival's ATM.

That's not all - they'll then hit

us with a disloyalty fee. It's all

because the Reserve Bank changed

the rules to try to make the banks

more transparent, but that has back

fired. It is a frustration that

when the opportunity arises to

really be fair around it and back a

reform that should be good for

customers, in fact, they've done

the opposite and taken the

opportunity to gouge yet another

fee. But wait, there's more. We

could also be charged for just checking

checking our balance at another bank's ATM.

BMW has put the brakes on the

iconic Mini. The company has

announced it will cut 850 jobs at

the only mini manufacturing job in

the world which is in England

because of falling demand. The

group produced 235,000 cars there

last year, but sales have slumped last year, but sales have slumped

34% in January.

To other business news and

Wesfarmers has posted a big jump in

first half profit.

The struggling Oz Minerals has

been offered a $2.6 billion lifeline.

Brambles will slash 750 jobs Brambles will slash 750 jobs and

scrap almost 9% of the palate stock

in the key United States and

European markets.

And the minutes of the Reserve

Bank's latest board meeting today

should clarify the outlook should clarify the outlook for interest rates.

A dismal day across most markets,

even with the US shut.

The Dow Jones finished down on the

back of banking fears.

Weather check now:

On the front page today - the

'Adelaide Advertiser' says

motorcycle riders from outlaw

clubs will unite next month against

Australia's tough anti-bikie reviews.

The 'Financial Review' has more on

Oz Minerals having a takeover offer. And

And the Australian' saying that

Kevin Rudd wanting to fund dental

care under Medicare would be funded by tax by tax hikes.

From space - it's likely to have

been two satellites which clued a

few days ago. We have video of that after the break.

This program is captioned live.

On Ten News this morning - On Ten News this morning - Brendan

Nelson shock resignation from

politics shakes the Liberal Party

just hours after Julie Bishop steps

down as shadow treasurer. Victoria's bushfire death toll

climbs closer to 200 as the name

of the accused Churchill arsonist

is revealed to the country for the

first time. Noi A spectacular

fireball spotted in the skies over

Texas. Questions now asked about

just what it was that fell from space.

And in sport - Ricky Ponting piles

the pressure on the Proteas ahead

of the upcoming Test series in

South Africa.

First today, former Opposition

leader and defence minister Brendan

Nelson has revealed he's quitting

politics. The anounsment topped the

day for the Liberal Party coming

after a reshuffle was announced by

deputy leader Julie Bishop.

This time there are no regrets. I've had great opportunities

destowed on me my by party and my electorate, and it's time electorate, and it's time for

someone else to have a go. The

former Howard Government minister

has been on the backbench since

September after losing September after losing the

leadership to Malcolm Turnbull. But,

he's doing his leader a favour and

waiting until the next poll to quit

raerp than force a by-election.

However, Dr Nelson didn't do Mr

Turnbull the courtesy of letting him

know about the decision until after know about the decision until after

he told his own branch members. I

have not yet spoken to Mr Turnbull

about it, because I felt that the

first responsibility that I had was

to my own party members. Dr

Nelson's decision came on the Nelson's decision came on the same

day that Julie Bishop quit as

Shadow Treasurer after internal

rumblings intensified that she

wasn't up to the job. Did you jump

before you were pushed It's a

decision that I made. It's my

judgment, it's my call. Malcolm

Turnbull has installed Liberal hard

hitter Joe Hockey to take it up to

Labor. He is a form I hadable

communicateor and performer. Though

he wasn't the first choice. The job

was offered weeks ago to former

Treasurer Peter Costello.

The Black Saturday death toll has

risen again - for the first time in

almost a week. Police now say the

number of dead stands at 189. It

comes as the identity of the accused Churchill arsonist is revealed.

revealed. His lawyers fear reprisal

attacks on the man.

There was a strong security and

media throng at Melbourne's media throng at Melbourne's Magistrates Court, but no sign of

angry victims or the accused

arsonist. The 39-year-old was

arrested on Friday for allegedly

lighting the Churchill blaze which

killed at least ten people. He's charged with:

Despite fears of vigilante attacks,

his name has been released. On his

My Space page, he described his

hero as mother nature. He remains

in protective custody. He'll face

court again in May. As the legal

battle plays out, so does the slow

and grizzly body council. We still

may well find some parts - sadly

some parts of individuals that we

weren't sure were there before.

These are very, very difficult

sites to deal with. In many cases,

identification will be impossible

and the final toll could take weeks.

It's got to be done properly and

they've been going through and

making sure it's right. Another

unknown toll is just how many

native animals have been killed.

Bearing bad burns, this brushtail Bearing bad burns, this brushtail

possum and this koala and her Joey

are among the lucky ones. I'm sure

that there are hundreds of

thousands of creatures out there

who didn't survive the terrible who didn't survive the terrible fire. This Sunday has been declared declared a national day of mourning.

The main service will be held at

Melbourne's Rod Laver Arena.

Queensland's flood emergency

continues with inundated

communities in the Gulf of

Carpentaria facing another month

of isolation. The damage bill for

the floods has climbed to $210

million. The news continues to million. The news continues to get

worse with the dengue fever

outbreak affecting its 400th victim. Water levels are expected to rise

further next week. Residents

stranded in Karumba will be splied

with bottled water after a problem

was located in the town's was located in the town's drinking water pipeline.

Australians face bigger tax bills to

fund their future needs. The

Government's health reform

commission has recommended the

drastic measure along with cheaper dental care.

Australia's public health system is

in tatters. The outcrowded and

overworked emergency wards often leading

leading to fatal errors. They told

me that he wouldn't make it in the

next 24 hours. The Rudd

Government's national health and

hospitals reform commission has

three options to breathe life back

into the ailing system. Keep the

existing system, but make States

more accountable. Give the Commonwealth complete control or

the most radical - a Commonwealth

takeover and Medicare replaced by competing

competing private and public

health insurance. It's not a matter

of guts. It's a matter of getting

right what will deliver the best

services into the comuepblt in the

future. There's also

recommendations to make dental procedures cheaper funded through

an increase in the Medicare levy.

We need a health system with teeth.

They also want doctors to take on more responsibilities in rural

areas to cut waiting lists, but

nurses say they're already overworked without taking on the work of a doctor.

Former champion boxer Jeff Fenech

has been released after police

questioned him about an incident in

Sydney's south overnight. Sydney's south overnight. Police

say a 44-year-old Five Dock man who

they wouldn't confirm was Fenech

had been released without charge.

Sydney's 'Daily Telegraph' say that

Fenech was involved in an altercation.

An Australian man facing jail in

Thailand has been recommended for a

Royal pardon. 41-year-old Harry

Nikolidis is facing a three year

sentence for insulting Thailand's

monarchy in his novel. They say

that he should receive a pardon

from the King. The ruling could

take place within a month. take place within a month.

A British and a French nuclear

submarine have collided in the

Atlantic ocean. Atlantic ocean. Embarrassed officials in London and Paris

confirmed that an incident took

place involved Britain's HMS

'Vanguard' and plans's La

Triumphante. Neither was badly damaged.

damaged. Apparently, two of the

world's most highly world's most highly sophisticated

warships didn't see each other.

Two satellites which collided in

space last week have been ruled

out as the cause of a spectacular

fireball over Texas last night. A

television station filming a

marathon race caught the flaming

debris. At first it was thought debris. At first it was thought to

be a plane crash.

Australian cricket captain Ricky

Ponting has conceded South Africa

is the favourite for the Test

series starting in Johannesburg in nine

nine days time. The series will

determine which team gets to call

itself the best in the world.

Australia quick to turn the focus

back on their opponents. Maybe

South Africa. Maybe in the back of

their minds they've been their minds they've been striving

for a long time to be recognised

as the number one Test team in the

world, so maybe that will weigh on

their mine more than ours.

Australia meet South Africa's A

side on Friday.

Victoria is all but assured of

hosting the Sheffield Shield on

Friday after a innings of 152 runs.

Chris Rogers set the tone early

with a knock of 61 before dragging a

Beau Casson delivery. Then it was

Brad Hodge's turn to shine smashing

the Blues return with 11 boundaries

and a six. But paceman Aaron Bird sweeped

sweeped Hodges two runs short of

the century.

An explosive war of words between Lance Armstrong and a British

journalist who labelled him a cancer

of the sport. He denied an

interview with him claiming he

wasn't worth the chair that he was

sitting on. Do we make mistakes all

of us? Absolutely. As a society,

are we supposed to forgive and

forget and let people get back to

their job? Absolutely. I'm not sure

that I will ever forgive you for

that statement, and I'm not that statement, and I'm not sure that anybody around the world who

has been affected by this disease

will forgive you. It's been a

forgettable start to Armstrong's return race to America. His bike

was stolen before the start of the

Tour of California.

The euro has fallen on bat news out

of Japan and here with the details

is Juliana Roadley from comcomek.

The worst quarterly contraction in

35 years for Japan, that has to

35 years for Japan, that has to be

a worry for Australia? Japan is the

world's second largest global

economy and any problem they have

is going to hurt everybody else. We

felt that on our market. Japan's

economy shrinking last year and

they're heavily reliant on exports

and with the global slowdown,

they're feeling it. It doesn't look

like the Government is sitting on

their hands. There's rumours they

could come out with the third

stimulus package since last year

said to be worth 20 trillion yen. It

It is probably good that Wall

Street is closed then today for

the holiday? Yes, European markets are

are down around 1%. Still concerns

of how the banking system is

operating and more job losses

especially in the auto industry. If

you have a look at the futures

market in the US, the DOW and the

NASDAQ are set to open down tonne.

What do our markets look like

today? We finished yesterday around

1%. Today it looks like we're 1%. Today it looks like we're going

to open flatter around two points.

Unfortunately the miners could

come aund pressure. More losses in

base metals. The oil price is off

by 2.3% at $36.65. Today going by 2.3% at $36.65. Today we're

going to see the release of the

last minutes from the R bsm A

meeting so we'll get an idea of

their view of the rate cut. Also

today, we'll have the release of

the ASX, the company that runs our

share market and our Futures market

and also Fosters and Amcor.

Telstra will roll out what it says

is the world's fastest wireless

broadband network in the next two

months. Rodney Soliolo trudge

trudge -- trudge trudge says that

it will go up. Others will catch up

in April and he says that the speed

will double by the end of this year.

Weather check now:

After the break, banks given the

green light to dig even deeper

holes in our pocket. Details when

Ten News returns.

(QUIRKY MUSIC) Looking for a home loan takes so much time it's exhausting. Mortgage Choice does the legwork for you and our service is free.

This program is captioned live. In

the Morning News, a shock

announcement from Brendan Nelson. The form e Howard minister

declaring he's quitting politics at the next election.

The death toll from Victoria's

bushfires rises to 189 with many

more bodies still expected to be found in destroyed homes. Residents stranded Residents stranded by North

Queensland's floods will fails

another month of isolation - while

the damage bill rises to $210 million.

And in finance, the struggling And in finance, the struggling car

industry to suffer more job losses.

This time at an iconic

manufacturing plant in manufacturing plant in England. And the weather:

Heading the news this morning,

former Federal Opposition leader

Brendan Nelson has announced he's

quitting politics. The form e Howard

Government minister broke the news

to his rank members in Sydney last

night. He's been on the backbench since September after losing the

Liberal leadership to Malcolm Turnbull.

I had great opportunities bestowed

on me my f by my party and my

electorate, and it's time now for

someone else to have a go. Dr

Nelson's announcement came on the

same day the Liberal Party

installed Joe Hockey as Shadow Treasurer after Julie Bishop quit

the portfolio. She's now the Foreign Affairs spokes woman.

Victory police have revised the

Black Saturday death toll for the first

first time in almost a week to 189.

It comes as the identity of the accused Churchill arsonist is

revealed. His laurp now feerps

vigilante attacks.

There was a strong security and

media throng at Melbourne's

magistrate court but no sign of the

victims or the accused victim,

Brendan Sokuluk. The 39-year-old

was arrested on Saturday for allegedly allegedly lighting the Churchill

blaze which killed at least ten

people. He's charged

Despite fears of vigilante attacks,

his name has been released. On his

MySpace page, he described his

hero as mother nature. He remains

in protective custody. He'll face

court again in May. As the legal

battle plays out, so does the slow

and grizzly body count. We still may well find some

- sadly some parts of individuals that we weren't sure were there

before. These are very, very

difficult sites to deal with.

In many cases, identification will

be impossible and the final be impossible and the final toll

could take weeks. It's got to be

done properly and they've been

going through and making sure it's right.

right. Another unknown toll is just

how many native animals have been

killed. Bearing bad burns, this

brush tile possum and this koala

and her Joey were among the lucky

ones. I'm sure there are hundreds

of thousands of creatures out

there who didn't survive the terrible

terrible fires. This Sunday has

been declared a national day of

mourning. The main service will be

held at Melbourne's Rod Laver Arena.

Inundated communities in the Gulf

of Carpentaria are facing another

month of isolation as Queensland's flood damage bill climbs past $210

million. And what's worse - a

dengue fever outbreak has struck down its 400th victim.

Dents in the Gulf country have now

been cut off for five weeks, and

some property owners say they're

still not getting any help. They're

having to fork out for helicopters

to feed stranded stock, but in Ingham, some flood victims are

sending money given to them

straight to Victoria. So, they're

saying - I'll take my entitlement

but donate it to the fire victims,

and that just shows the compassion

of this area. The of Bedourie west of

of Brisbane is also struggling.

The roads in and out are The roads in and out are blocked

and huge pools of brown water cover

the cattle country. But despite the fact all supplies need to be

brought in by air, local farmers

couldn't be happier. Yeah, very

used to this sort of weather and

hope for a flood. It's what keeps

the country going, so this is a the country going, so this is a

good year. The bad news for flood

victims is dengue fever has now

spread to 400 people and water

levels are expected to rise even further next further next week.

A man is in a serious condition in

hospital after a high speed hospital after a high speed car

crash in Sydney's west. The driver

walked from the wreckage with a

broken arm after wrapping his car

around a tree. Another person was

trapped in the passenger seat for

two hours. US Secretary of State Hillary

Clinton has touched down in Tokyo

beginning her first overseas tour in

the job. She wants to reassure

Japan that despite the economic

woes, it's still an important

player in the international arena.

But we also know that we have to

work together to address the global financial crisis which is

affecting all of us. But her Asian tour

tour is in danger of being

overshadowed by North Korea which

is vowing to press ahead with test firing what its weary firing what its weary neighbours

believe is a long range missile.

Meanwhile, US President Obama is

going to form a taskforce to keep

an eye on plans to restructure the

troubled US car industry.

President Obama is putting a panel in charge of overseaing the

in charge of overseaing the auto

industry bail-out. Not a single car

tsar. The taskforce on autos will

include officials from several auto agencies.

Many members have already

Many members have already been working with General Motors working with General Motors and

Chris letter which are submitting

progress plans tomorrow. The two

companies are surviving on more

than $13 billion in Federal loans and a required detailed

restructuring plans to the Government. It's going to be

something that requires sacrifice,

not just from the auto workers but

also from creditors, from shareholders and the executives to

run the company. The Obama administration

administration has been weighing

the cost of pouring billions more

into the struggling companies, or

face a possible auto company

bankruptcy which could sink the

nation's economy even more. Last

week, GM announced plans to cut

some 3,400 jobs. More closures are

expected in Tuesday's report.

The Australian cricket team has

just arrived in South Africa

clinging to its number one clinging to its number one Test

ranking. Before leaving, captain

Ricky Ponting conceded South

Africa will start the upcoming Test

series as favourites.

Australia's cricketers off to South Africa with their number one world ranking any added pressure on us. There won't be Maybe on South Africa, you know,

maybe with that in the back of their minds - they've probably been striving for a long time or recognised as being the number one Test team in the world so maybe that'll weigh on their mind more than ours. Just a month after their 2-1 loss to South Africa down-under, Australia will need to win or draw the series to hold onto the top spot. Revenge has never been anything we've spoken about. It's the most inexperienced Australian squad of the modern era, featuring debutant opener Phillip Hughes... I'll grab him on the plane and rip his iPod off him and see what gets him going.

..and uncapped Western Australian Marcus North. I'm certainly going over hoping to play. So I just gotta see how things go, take one step at a time, and hopefully I'll get an opportunity. They'll meet South Africa's A side on Friday. Andrew Brown, Ten News.

The rookie umpire involved with

making contact and injuring St

Kilda midfielder Robert Eddy has

been cleared by the AFL. In this

new behind the goal vision, field

umpire Ben Ryan can be seen making

umpire Ben Ryan can be seen making

contact with Eddy after a boundary

throw-in. St Kilda filed a

complain, but the AFL cleared Ryan of

of any wrong doing. Eddy suffered

knee ligament damage and is likely knee ligament damage and is likely

to miss a month. Meanwhile, Ash

McGrath has been saved from

suspension. He escaped for his

forceful front-on contact with

Brendan Goddard.

In rugby union, Hir canes captain

Rodney Soliolo has copped a one week

suspension. He admitted his boot

came into contact with Waugh, but

ruled that it was unintentional

taking his unblemished record taking his unblemished record into

account. I'm happy that Phil is all

right, and obviously the injury may

not have been caused by me. I'm

very disappointed that I won't be

playing this weekend. The Tahs have

signed former Queensland Reds

forward Luke Doherty to the 2009

squad.

Time for a look of finance and the

news coming out of Japan will be

sending chill down the spine of investors.

That's right, dark days and bad

news from overnight in Japan. It's

been revealed that the economy sha

rank in December in the fastest

rate in 35 years and it shows no

sign of stopping soon. That's

sign of stopping soon. That's the

bad news. Japan's GDP contracted

3.3% for the quarter. That equates

to 12.7% for the year and that he

is worse than expected and three

times as bad as in the US.

It's no mystery why most of us

dislikes banks so much. All by the

Commonwealth have announced that

come next month, they'll charge us

if we use a rival bank's ATM, but

then they'll hit us with a

disloyalty fee as well. It's all

because the Reserve Bank changed

the rules to make banks more

transparent, but that has back

fired and badly. It is a frustration that when this

opportunity arises to really be

fair around these fees and back a

reform that should be good for

customers, in fact they've done the opposite

opposite and really taken the

opportunity to gouge yet another

fee. More bad news - we could also

be charged for just checking our balance at another bank's balance at another bank's ATM.

German car maker BMW has put the

brakes on the iconic mini. The

company announced that it will cut company announced that it will cut

850 jobs at the only Mini factory

in the world. The group produced

235,000 cars there last year but

sales have slumped 34% in January.

A dismal day across most markets

even with the US shut for the long weekend.

Cross rates now:

A look now at the

Checking the newspaper headlines this morning:

Canberra will subsaidise apprentice waipbls.

The 'Age' says poor economic The 'Age' says poor economic

conditions for Japan is bad for our economy.

And the 'Courier-Mail' reports on Brendan Sokuluk's behaviour before

and during the fire at Churchill

last week.

Two nuclear powered submarines

collide in the Atlantic ocean. All

the details when we return. FIRST UP, A-C-T POLICE, ARE LOOKING FOR WITNESSES, AFTER TWO SUSPICIOUS CAR FIRES IN AINSLIE YESTERDAY. FIRE CREWS, WERE CALLED TO THE FIRST BLAZE IN EBDEN STREET, AT AROUND FOUR A-M... IT CAUSED ABOUT THREE THOUSAND DOLLARS DAMAGE.

CREWS WERE CALLED TO ANOTHER FIRE IN EBDEN STREET SHORTLY AFTER, WHICH CAUSED ABOUT TWO HUNDRED AND 50 DOLLARS DAMAGE TO A CAR. ANYONE WITH INFORMATION ON THE FIRES, IS ASKED TO CONTACT POLICE. ACTEW A-G-L, IS ENCOURAGING PEOPLE TO GET IN EARLY, TO ENCOURAGING PEOPLE TO GET IN EARLY, TO BUY TICKETS FOR THE ROYAL CANBERRA SHOW. CAN ALSO BE PRE-PURCHASED, AND BONUS DOLLAR COUPONS, LOOKING TO BUY SHOWBAGS OR TO SAVE MONEY, FOR PEOPLE RIDE TICKETS ON THE DAY.

GETS UNDERWAY ON FRIDAY THE THE ROYAL CANBERRA SHOW, 27TH OF FEBRUARY.

OF FEBRUARY. ISN'T ENOUGH PARKING, AT A-N-U STUDENTS SAY, THERE THE CITY'S CAMPUS. THEY'RE FORCED TO USE AND SOME STUDENTS SAY,

INTO CIVIC, WHICH IS PUBLIC TRANSPORT TO TRAVEL COSTING UP TO 15 DOLLARS A TRAVEL INTO CIVIC, WHICH IS DAY. CHUBB, HAS ANNOUNCED, THE A-N-U VICE CHANCELLOR IAN THE CAMPUS, AND WILL LOOK UNI WILL REVIEW PARKING AT OPTIONS FOR STUDENTS. AT ALTERNATIVE TRANSPORT LOOKING TO SPORTS NEWS, AND THE BANDITS HAD A WIN OVER SPORTS NEWS, AND THE BANDITS HAD A WIN OVER AINSLIE ON THE WEEKEND... AND ARE GETTING CLOSER TO TAKING OUT THE SEASON'S MINOR PREMIERSHIP. BANDITS, WERE TOO STRONG, TAKING A FIVE TO FOUR WIN, FIVE TO FOUR WIN, IN THEIR A-C-T BASEBALL, A-GRADE MATCH.

IN OTHER MATCHES, THE VIKINGS BEAT THE INDIANS, AND THE EAGLES, WERE TOO GOOD FOR THE REBELS.

WEATHER... NOW CHECKING TODAY'S INCREASE MID WEEK AS A LOW SHOWERS ARE LIKELY TO SOUTH WALES MOVES SOUTH AND OFF THE NORTH COAST OF NEW DEVELOPS FURTHER.

AFTERNOON OR EVENING LOOKING ACROSS THE NATION - FOR SYDNEY - THE CHANCE OF SHOWERS FOR CANBERRA - RAIN DARWIN A STORM FOR BRISBANE AND ACROSS SOUTHERN NEW SOUTH CHECKING WHAT'S HAPPENING IN DUBBO 25 THE EXPECTED WALES - SHOWERS INCREASING 25 THE EXPECTED TOP - 24 SHOWERS INCREASING IN DUBBO THE TOP FOR BEGA BATHURST AND BOWRAL - A SHOWERS AND 19 FOR BOTH PERISHER 14 DEGREES POSSIBLE SHOWER FOR DEGREES WET AND 21 FOR MUDGEE - 22 ON THE WAY FOR NOWRA - 26 FOR PARKES - A POSSIBLE SHOWER FOR THREDBO LOOKING AHEAD - TOMORROW - WE CAN EXPECT SHOWERS - WITH A TOP OF 23 THURSDAY SHOULD BE MOSTLY FINE - 28

AND WE COULD GET A STORM ON THURSDAY - 29 THE EXPECTED TOP .

Leer This program is captioned live.

Top stories on Ten - Brendan Nelson

resigns from politics after a shock announcement.

announcement. The Liberal Party

shaken again just hours after

Julie Bishop steps down as Shadow Treasurer.

The bushfire death toll climbs to

almost 200 as the suspected

arsonist of the deadly Churchill

fire is named in court.

Questions raised after a Questions raised after a

spectacular fireball is spotted

falling from space. The mystery

object caught on camera.

And in sport, Ricky Ponting piles

the pressure on the Proteas ahead

South Africa. of the upcoming Test series in

But first today, former Opposition

leader and defence minister Brendan leader and defence minister

Nelson has revealed he's quitting

politics. It topped a hard day for

the Liberal Party coming hours

after a mini reshuffle was forced

by deputy leader Julie Bishop.

This time there are no regrets. I

had great opportunities bestowed on

me by the party and my electorate

and it's time for someone else to

have a go. The form e Howard

Government minister has been on the

backbench since September after

losing the leadership to Malcolm

Turnbull. But he's doing his leader

a favour and waiting until the next

poll to quit rather tan force a

next by-election. However, he

didn't do Mr Turnbull the courtesy

of letting him know about his

decision until after he told his own decision until after he told his

own branch members. I have not yet

spoken to Mr Turnbull about it,

because I felt that the first because I felt that the first

responsibility that I had was to my responsibility that I had was to

own party members. Dr Nelson's

decision came on the same day

deputy Liberal leader Julie Bishop

quit as Shadow Treasurer after

internal rumblings intensified

that she wasn't up to the job. Did

you jump before you were pushed?

It's a decision I made, my judgment

and my call. Malcolm Turnbull has

installed Liberal hard hit Joe

Hockey to take it up to Labor. He

is a form I hadable communicateor

the and communicateor. Though he wasn't

the first choice, the job was

offered weeks ago to former

Treasurer Peter Costello.

The Black Saturday death toll has

risen again for the first time in

almost a week. Police now say that

the number of dead stands at 189.

Meanwhile, the lawyer of the

accused Churchill arsonist is

afraid of reprisal attacks on the

man. Foil There was a strong security and media strong security and media strong at

Melbourne's Magistrates Court but

no sign of angry victims or

no sign of angry victims or the

accused arsonist, Brendan Sokuluk.

The 39-year-old was arrest pd on

Friday for allegedly lighting the

Churchill blaze. He's charged with: Despite fears of vigilante attacks,

his name has been released. On his

MySpace page, he described his

hero as mother nature. He remains in

in protective custody. He'll face

court again in May. As the legal

battle plays out, so does a slow

and grizzly body council. We still

may well find some parts - sadly

some parts of individuals that weren't sure were there before. some parts of individuals that we

weren't sure were there before.

These are very, very difficult

sites to deal with. In many cases,

identification will be impossible

and the final toll could take weeks.

It's got to be done properly and It's got to be done properly

they've been going through and

making sure that it's right.

Another unknown toll is just how

much native animals have been

killed - bearing bapd burns, this

brushtail possum and this koala and

her Joey are there. I'm sure that

there are hundreds of creatures

that didn't survive the fires. This

Sunday has been declared a

national day of mourning. The main

Rod Laver Arena. service will be held at Melbourne's

Foreign Minister Stephen Smith has

begun a three day tour of Pakistan.

He's there to tell the Pakistani

Government to get control over the

Taliban and put more effort into

the fight against terrorism. To

ensure that moderate participants

have the opportunity of taking

part, and that excludes extremists.

He is the first Australian Foreign

Minister to visit the country in a decade.

Queensland's flood emergency

continues with inundated community

in the Gulf of Carpentaria facing

another month of isolation. The

damage bill for the floods has now

climbed to $210 million. The news

continues to get worse with the

dengue fever outbreak affecting its

400th victim. Water levels 400th victim. Water levels are expected

expected to rise further next week.

Residents stranded at Karumba will

be splied with bottled water after

a problem was located in the

town's pipeline.

Former boxing champion Jeff Fenech

has been released after police questioned him about an incident

last night. They said that a

44-year-old Five Dock man who they

wouldn't confirm was Fenech was

released without charge. They said

that Fenech was involved in an

altercation when the associate was

allegedly King hit. Noi A British

and a French nuclear submarine have and a French nuclear submarine have

collided in the Atlantic ocean.

Embarrassed officials Embarrassed officials confirmed

that an incident took place

involved Britain's HMS involved Britain's HMS 'Vanguard'

and France's ship. As the two ships

were conducting patrols last month.

Neither were badly damaged.

Apparently two of the world's Apparently two of the world's most sophisticated warships didn't see

each other!

Marathon runners in Texas have had

to avoid an unexpected obstacle - space

space junk falling from the sky.

But is it as a result of two

satellites last week.

If compete not guilty a marathon isn't tough enough, these runners

had an extra challenge - falling debris. Concerned residents

recently reported a plane crash,

perhaps mindful of the incidents.

And for those at a nearby text an

sports club, it was less golf ball

and more fireball. It was like a real bright ball with an elongated

goldish tail on it and it

surprised me because it lapsed - I

would say three or four seconds. We

were amazed and shocked and

waiting to see if there was more

debris that might be coming out of

the sky. Yeah, it made us pause a

minute to look around. We sort of

expected to see some sort of an

explosion. A Russian and an

American satellite collided some

485 miles above the earth on

Tuesday giving the resulting

damage plenty enough time to enter our atmosphere. US strategic

command deny that the sightings are

command deny that the sightings are

connected, but Russia's Mission

Control say that the clouds of

debris will circle the earth for

thousands of years. In sports news this morning: Ricky Ponting has conceded South

Africa is the favourite for the Test

Test series starting in

Johannesburg in nine days. The

series will determine which team

gets to call itself the world's

best. Australia quick to turn the

focus back to their opponents.

Putting the pressure on us, maybe

it's on South Africa. Maybe with

that in the back of their minds, they've

they've been striving for a long

time to be recognised as the

number one Test team in the world, so

so maybe that will weigh more on

their mine than ours. Australia

meets South Africa's A side on Friday.

Greg Bird will not play for New

town in the NSW rugby league Cup

this season after talks between the

two parties broke down. Meanwhile,

examine will Chambers has become

the latest league player to switch

codes with a two-year deal to play

with the Queensland Reds. The

20-year-old will switch code at the

end of 2009 and is viewed as a

likely outside centre.

An explosive war of words has

erupted between champion cyclist

Lance Armstrong and a British

journalist who labelled him "a cancer

cancer of the sport". Armstrong denied Paul Kimmage an interview,

claiming he wasn't worth the chair

he was sitting on. Do we make

mistakes all of us? Absolutely. As

a society, are we supposed to

forgive and forget and let people get

get back to their job? Absolutely.

I'm not sure I will ever forgive

you for that statement. And I'm not

sure that anybody around the world

who has been affected by this

disease will forgive you. It has

been a forgettable start to

Armstrong's return race in America.

His bike was stolen before the

start of the Tour of California.

World stocks and the euro have fall

on the bad news coming out of Japan and here is Juliana Roadley from

Commsec. The worst quarterly

contraction in 35 years for Japan.

Japan is the world's second

largest economy so if it is feeing

the pain, we're all feeling the

pain. We felt that on the market

yesterday. Japan's economy shrinking yesterday. Ununfortunately, they're Ununfortunately, they're revily

reline on exports. But their

Government is not sitting on its

hands. There could be another third

stimulus package being released,

the third we've seen since

September last year. The first

coming to a total of $1.2 trillion. It's probably best then that Wall

Street is closed for the holiday?

Yes, good to see they're taking a

break. If you look at the European

indexes, they were down 1%. The

worries still in Europe is the

strength of the banking system.

There are also more job losses

coming and many of those hit again

in the auto sector. Looking at the Futures for tonight:

What about locally? How are we

going to shape up this morning?

going to shape up this morning? The

index is set to open up higher. The

miners could be under pressure

with weak base metals and the gold

prays at $942 an ounce. But oil is

losing some of its shine. Today,

we're going to see the minutes from

the last RBA , the Reserve Bank

meeting. We'll see once again the

view on rate cuts in Australia.

We'll lls get the quarterly and

half year results from the ASX, A

mk cor and AXA Asia. That's obviously all in finance

news and we'll keep an eye on what

happens locally.

A quick check of the weather before we go:

And that's it for Ten News. We'll

see you again at 6:00 tomorrow

morning. Join us again at 11am for

the latest news.

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