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Ten Early News -

View in ParlView

(generated from captions) This program is captioned live.

I'm Ron Wilson. And I'm Good morning and welcome to Friday.

I'm Ron Wilson. And I'm Belinda

Heggen. Welcome to Ten News.

Headlining this morning's

former Prime Minister John Howard former Prime Minister John Howard Headlining this morning's news,

weighs into the middle of the Liberal Party brawl and trys to

convince the troops to stand together.

More fires in Victoria overnight as

authorities reveal the death toll

from Black Saturday has gone from Black Saturday has gone up

unexpectedly yet again.

And in sport, Greg Norman trails by 11 shots at the Johnnie Walker

classic in Perth.

And in finance, plans by the big

miners to sell themselves to

Chinese companies is starting to

run into opposition.

Let's start with a look at the

weather around the nation today it:

First up, former Prime Minister

John Howard has tried to rally the

Liberal Party after a week of

infighting. He told an infighting. He told an inaugral

address in his honour last night

that there was no identity that there was no identity crisis

in the party. It is not a party of

the hard right, nor a party of the

soft centre. We are a party of the soft centre. We are a party of

centre-right. Leader centre-right. Leader Malcolm

Turnbull sacked right wing front

bencher Cory Bernardi yesterday

after he publically ridiculed the

ideas of Christopher Pyne

Meanwhile, the Federal Government

has pledged $150 million to

protect jobs. Deputy Prime Minister

Julia Gillard says the money will

be used to bring back be used to bring back apprentices

who have lost their jobs before

they've completed training. We

should not abandon the aspirations

and life chances of hundreds of

thousands of Australians to the

short-term vagueerys of the labour

market. To me, that seems just

inhumane and immoral.

Employers will receive a $150

subsidy for each out of work

apprentice they employ.

The death toll for the authorities

has risen again. The number of dead

has risen to 208. Firefighters are

still in action across the state.

Of main concern is a national park

south-east of Melbourne.

The blaze is proof that the battle

is far from over. It's raged for

11 days and devoured more than a

quarter of the national park. The

popular tourist spot has been

closed and nearby residents placed

on alert. We're hoping that we can

get this thing contained in the

next week, if conditions allow and

we get some suitable weather. It's

one of four major fires which still

burn, but the threat to life

continues in all the affected areas,

particularly from falling trees. With

With Victoria's emergency services

stretched, help has arrived from

across the border. This is a

national crisis. You're part of the

national response and you should

Australia understand that as a nation,

Australia is grieving with the

people of Victoria. Help too for

bushfire victims in the form of tax

relief. The State Government will

waive stamp duty on all new homes

and cars and land tax for

businesses destroyed. The main

focus has clearly been on the rescue, the recovering and the

rebuilding, and now is the time to

start looking at the other measures.

We can also report that the fire

threat in kill more East was

downgraded overnight. To get the

latest on the situation is Stuart Ord.

What are your main concerns this

morning? Three main concerns.

Firstly the Wilson's Prom fire, Firstly the Wilson's Prom fire, a

lot of work to go to get that fire

under control, the main protection

there is centred on the small

settlement of Yanakee. And secondly,

some spot fires up in the Big River

area causing us some concern. Spot fires jumping up from fires jumping up from the containment lines. The third area

of concern is that lightning went

across the State overnight. We'll

have aircraft up this morning to

ensure that if any new fires do

start, we can jump on them quickly.

They're the three key areas. We had

another small fire start at Mount

Beauty under suspicious

circumstances. The local fire

fighting people jumped on that

will be investigated today. The quickly and the cause of that fire

weather is going to warm up, we

know that towards the weekend and

there's a change coming through

after a recently warm day on Sunday.

That's an area of concern that we That's an area of concern that

get the containment lines in and

make them as strong as possible

before warmer weather on Sunday and

a blustery change on Monday.

department of sustainability and Thank you, Stuart Ord from the

environment.

HAZMAT crews evacuated a Sydney

office building after a toxic spill.

50 staff members were forced to

leave after fumes leaked from a

container. It took four hours

before the building was judged to

be safe again.

A 20-year-old man is dead after

being cornered in a shed and

repeatedly stabbed. It is believed

that he was caught in the middle

that he was caught in the middle of

a feud over a girl. It Police in a feud over a girl. It Police

Sydney have foiled an armed robbery

just moments before it was to have

taken place overnight. Officers

arrested two men, one armed with a

knife as they were allegedly

preparing to rob a pizza shop at

Revesby. One of the men was taken

as to hospital for injuries sustained

as he was being

Anger in flood-ravaged parts of

Queensland as fresh supplies of

food and water start dribbling in.

Residents fear they may not survive

another five weeks of isolation and

are worried about the spread of

disease. A huge amount of land has

been under water for six weeks now

- an area the size of SA. Get

something done, I'm telling you.

Residents say they've been forgotten

and are furious with the State Government response. Supermarket

shelves are empty. Without fresh

milk for six weeks. A total feeling

of abandonment to one of anger and

now one of hopelessness.

Queensland's flood damage bill has

hit 234 million. To fix the roads

alone will cost at least half of

that. Then there's local businesses.

Some are going broke. This is peak

tourist season. Bleeding to death.

But it could take another six weeks

for the water to recede and roads to

to reopen. I do understand people's

frustration. We have to look at how

we can support the communities in

terms of business. There are also

health concerns. A higher rate of

gastro has prompted fears of an

outbreak of dysentry.

Heading sport this morning, Greg

Norman has a fight on his hands to

make the cut at the Johnnie Walker

classic in Perth. Playing in his first Australian tournament in two

years, he's 11 shots behind the

first round leader dernderndern. 11 shots off the pace, Finishing the opening round is in need of a miracle the Great White Shark But despite his disastrous day to make today's cut.

at the office, there were still some glimpses of vintage Greg Norman. COMMENTATOR: These greens are very large. A beautiful pitcher of the golf ball throughout his career, and just continues on with that incredible talent. World number nine Camilo Villegas was also in danger of finishing below the line, Tournament favourite Anthony Kim finished the day 4 under. The number eleven's first time down-under saw him treated to a glimpse of the local flora and fauna. So can I go in there just to see what's going on? COMMENTATOR: Very well out. No such sticky situations for Robert Jan-Dersksen - just a lack of luck. Looking very good - oh, half a turn more and that would have been an incredible 9 under par. But it was still enough to send the Dutchman to the top of the leaderboard. Jeremy Arnold, Ten News. The Liberal Party is tearing itself apart over the Howard legacy and the Turnbull future.

Cousins kutz is less than a week

away from his first match with

Richmond. They've confirmed he's

set to return next week in the

clash with Collingwood. Ben is fit

and well and training really well

and I don't see why he won't play.

Tigers players posed for photos

with supporters raising $90,000

for the bushfire appeal.

Benji Marshall's appeal to play

rugby union in the off season has

gained an unlikey supporter. Brad

Fittler believes it is a better

option than losing the player S If

they want to play, they have a

couple of years of contract in the

NRL, so they're using that as a

stepping stone for rugby union. If

they want to go and take the money,

I think beautiful. The Roosters are

chasing their third straight win

in the clash with the Tigers. Three

Aussie teams are in force for the

new title. Former NRL rookie of the

year Mark McLinden will make his debut

debut in the number 15 jumper. Very

excited but I've been excited for the

the last couple of months. Crossing

codes is very exciting. The Reds

will take on the Stormers in Cape Town.

Let's check on finance. Good

morning, not everyone is happy

about the Chinese getting their

hands on our miners.

That's right, some people are quite

angry about the proposition.

They're afraid that the Chinese

Government is using the financial

crisis to snap up the miners at

bargain basement prices. Unions

have likened the sale plans to selling

selling the family farm. Unions

want tighter foreign ownership

controls. We could have a situation

where foreign governments are

playing politics with our strategic

natural resources. At the moment,

Chinese companies are making bids

for Rio Tinto, Fortescue metals and

Oz Minerals.

Macquarie has played down concerns

that the Indiana Road Toll company

is in danger of defaulting on the

loans. They've revealed that cash

loans for ITR barely recover the

interest levels. Macquarie says the

reserves will be adequate. reserves will be adequate.

Macquarie infrastructure lost $1.3

billion in the past half year.

Well, to the markets in detail, Well, to the markets in detail, and

US stocks have slid on new data

showing job losses could be the

worst the country has seen in 50

years. The DOW shedding 40 points

and the NASDAQ behind 8. Mixed

results in Europe: Weather check:

There's been a discovery of mam

moth proportions in the United States.

States. I know you're going

watch this paleantologists have

discovered the skeleton of a mam

moth. Z is likely to have died moth. Z is likely to have died in

his late 40s some 40,000 years ago

in the last ice age. I remember it

well! Still to come on Ten News,

all the latest from Wall all the latest from Wall Street

overnight. And chaos when a bull

makes a break for freedom. We've makes a break for freedom. We've

got all of that next.

Headlines every 15 minutes on Ten

News. Former Prime Minister John

Howard throws himself into the Howard throws himself into the

midful the Liberal Party leadership

brawl rallying the troops.

Good news if you're a struggling

self-funded retiree. The

Government relaxes rules which have

forced people to dip into their savings.

And the bull that turned chicken,

deciding not to fight the matador.

Instead bolting for the exit door.

But first this morning, former But first this morning, former

Prime Minister John Howard has

tried to rally the Liberal Party

after a week of torrid in-fighting.

The Government has shot itself in

the foot, shutting down its own

inquiry into green house gas emissions. The Liberal Party is tearing itself apart over the Howard legacy and the Turnbull future. Last night the former Prime Minister told an inaugural address in his honour there is no identity crisis. The Liberal Party is not a party of the hard right,

nor is it a party of the soft centre - we are a party of the centre right. This is a great party. We have heard from John Howard and been reminded of his intellect, his vision and his common sense. But Mr Turnbull's tensions with the party's right wing were exposed as he sacked a frontbencher. On his website, South Australian Senator Cory Bernardi ridiculed the political ambitions of a colleague,

identified as factional rival, the moderate Christopher Pyne. If someone does something stupid, then the leader makes a tough decision and sacks him. But the Government managed to embarrass itself too over climate change, cancelling at the last minute its own inquiry into the emissions trading scheme because it was causing too many political problems. Daniela Ritorto, Ten News.

The Prime Minister has highlighted

the importance of Australia

maintaining strong ties with

Indonesia. Speaking at a conference

in Sydney, Mr Rudd told ministers

from both countries, a strong relationship was of international importance.

When the rest of the world looks at

a developed country of

a developed country of Christian heritage, primarily in Australia,

working in close and effective

collaboration with the largest

Muslim country in the world,

seamlessly, this actually has a

very powerful message to those beyond us.

Indonesia is expected to ask

Australia during the conference to

tone down its travel advisorys for the country.

Good news for struggling

self-funded retirees with the

Government relaxing rules which

forced them to dip into their

savings. But the Opposition is in

hot water. Tony Abbott claims

Australia can't afford to give

pensioners just $30 a week extra.

Retirement hasn't been relaxing for

many retirees. Their nest eggs destroyed by the global economic

downturn. My son tells me I've lost

50% of them and I'm very worried. Made

Made worse by retireeing having Made worse by retireeing having

to withdraw between 4% and 14% of

their savings a year, whether or

not they need it. Now the

Government is giving them a lifeline, halving that lifeline, halving that amount.

Reduced withdrawal rates are good

news for self-funded retirees but

we believe that the rates should be

abolished. The Government has said

they will reassess. In the meantime,

they're hoping that the Harmer

Review will offer them relief. The

review is expected to find that the

rate for the single pension should

be increased by around $35 a week.

But in a move that will outrage

penger, the Opposition which last

year demanded an immediate $30 a

week rise, now says we can't afford

it. It is an enormous hit on the

revenue. We're talking here about

possibly $6 billion a year. possibly $6 billion a year. The

Liberal Party all along have just

been playing politics with

pensioner's lives. Tough times

pensioners are feeling and

demanding action.

Firecrews in Victoria are battling

to contain a blaze in the heart of

a national park south-east of

Melbourne. The fire at Wilson's

Prom was sparked by lightning 11

days ago and so far burnt 12,000

hectares of bush land. We're

hoping to get it contained in the

next week if conditions allow and

we get suitable weather. It is one

of four major fires. The death toll

for the bushfire crisis now stands

at 208.

Disgraced swimmer Nick D'Arcy will

appear in court. He was dumped from

Australia's Olympic swimming team for Beijing after being charged

with attacking fellow swimmer Simon

Cowley. The Commonwealth medallist

was left with multiple fractures.

Nick D'Arcy pleaded guilty to

causing bodily harm.

Karumba residents in Queensland say

they've been forgotten since water

cut them off six week ago.

Supermarket she was are empty.

Local businesses are going broke Local businesses are going broke

and there are now fears of an

outbreak of dysentry. The water

isn't expected to recede for six

weeks but the damage is $243 million.

A woman has been tramped by an

angry bull in Mexico. The bull decided

decided he wasn't interested in

fighting the matador and fighting the matador and smashed

out of the stadium. He ran loose in

the car park while matadors tried

to get him back. They got him back

but not before he tramped a female

vet. He later lost his battle with vet. He later lost his battle with

a matador in the ring.

I'll tell you who else is losing

his battle - Greg Norman faces a stern challenge at the Johnnie

Walker classic. He's in danger of

missing the cut after finishing the first

first round behind leader Robert

Jan Derksen of the Netherlands. He

will need more shots like this if

he's to play at the weekend. The

greens are very large. Beautiful

pitcher of the golf ball throughout

his career. And world number nine

Vijagas is even after shooting a

round of 72. Catch all the action

on Ten HD.

A major blow to autumn's racing

champion with Maldivian breaking

down. A small muscle tear was

detected after track work. For the

second straight year, trainer Mark Kavanagh is forced to withdraw the

horse for the favourite for the

Australia Cup. You've got to look

at the bright side. At least he's

good enough to go in the Australia

Cup. Connections are hoping three

months rest will have him ready for

this year's Spring Carnival.

A big pay day for surfer Mark

Matthews at the Oakley ASL Big Wave

Awards. He's caught $20,000 for Awards. He's caught $20,000 for

riding the biggest wave Down Under

in WA.

I was just lucky can was my turn. I

knew it was a good one and I got

whipped in the perfect position and

made it out alive. Tasmania's Marty

Taradisis won both theest paddle in award

award and Coby Brown picked up the people's chose at a secret spot in

WA. They don't like to tell you too

much, those surfers. Belinda Heggen

is going to tell you everything on the finance.

US stocks struggled overnight as

investors soaked up all the bad

news on the inflation and the news on the inflation and the

interest rates. What's been

driving the market today? Good

morning to you. There's been tough

economic news in the past couple of

days, but the markets seem to be

acting like teflon. The latest

unemployment news shows nearly unemployment news shows nearly 5

million Americans are receiving jobless benefits from the jobless benefits from the Government. That is an all-time

high. Plus a jump in inflation.

Wholesale prices surged by 8ers%

last month and that was in large

part because gas prices were on the

rise. So it is a patchwork of bad

news. Stocks have been mostly lower

today, but we are not seeing a real

sell off. That is good news, but

what effect has the President's

bail-out package had on sentiment

there? Well, everyone knows that

the Government has to do something

to stop the flood of foreclosures.

The feeling is that the economy

can't get back on track until the

housing market does, and the

mortgage relief plan is intened to

rescue as many as nine million home

owners, but Americans have mixed owners, but Americans have mixed

feelings about the billions and

billions of dollars the White House

is spending on the bail-outs. And

more bad company reports out this

week. What can we expect next week?

Well, you're right. This week's

earnings have been pretty grim. Wireless provider Sprint Nextel

lost a whopping $1.6 billion in the lost a whopping $1.6 billion in the

fourth quarter and HP saw its

quarterly profit drop by 13%. Del has

has its earning report next week

and it also is expected to be down

from next year. Thank you.

Weather check:

Still ahead, the car of the year.

Yours if you have a lazy $300,000

to spare. Belinda Heggen, start

writing the cheque. I'll have two!

This program is captioned live.

Headlines every quarter hour on Ten News.

Today, former Prime Minister John

Howard tries to unite the

struggling Liberal Party, urging them to band together.

Saturday bushfires has The death toll from the Black

Saturday bushfires has risen again

while fires continue to burn in Victoria.

In sport, Greg Norman In sport, Greg Norman trailing by

11 shots at the Johnnie Walker

classic, despite showing occasional

flashes of brilliance.

And in finance, opposition is

companies increasing for plans for Chinese

largest miners. companies to buy some of the

Weather check:

Heading the news this morning -

former Prime Minister John Howard

has tried to rally the Liberal

Party after a week of infighting.

Mr Howard told an inaugral address

in his honour last night that

there's no identity crisis in the

party. The Liberal Party is not a

party of the hard right. Nor is it

a party of the soft centre. We are

a party of the centre-right. Leader

Malcolm Turnbull sacked right wing

front bencher Cory front bencher Cory Bernardi

yesterday after he publically

Christopher Pyne ridiculed the ambitions of

Meanwhile, the Federal Government

has pledged $150 million to

protect apresent is jobs from the financial crisis. Deputy Prime

Minister Julia Gillard says the

money will be used to bring back apprentices who have lost their

jobs before they completed their

training. We should not abandon the

aspirations and life chances of hundreds of thousands of Australians to the short-term hundreds of thousands of

vaguries of the labour market. To

me, that seems both inhumane me, that seems both inhumane and immoral. Employers will receive a

$150 a week wage subsidy for each

out of work apprentice they employ.

The death toll from the bushfire

crisis has risen again. Just a day after authorities announced they'd after

found most of the bodies, the

number of dead rows to 208. Firefighters are still in action

across the State. The main concern

is the fire in the national park

south-east of Melbourne.

The blaze is proof that the battle

is far from over. It's raged for

11 days and devoured more than a

quarter of the national park.

The popular tourist spot has been

closed, and nearby residents

placed on alert. We're hoping that

we can get this thing contained in

the next week. If continues allow

and we get some suitable weather.

It's one of four major fires which

continues in all the affected still burn, but the threat to life

continues in all the affected areas,

particularly in falling trees. With

Victoria's emergency services stretched, help has arrived from

across the border. This is a

national crisis. You're part of the

national response and you should

understand that as a nation,

Australia is grieving with the

people of Victoria. Help too for

bushfire victims in the form of tax

relief. The State Government

relief. The State Government will

waive stamp duty on all new homes

and cars and land tax for

businesses destroyed. Our main

focus has clearly been on the

rescue, the recovering and the

rebuilding, and now is the time to

start looking at some of the other measures.

We can also report that the fire

threat in Kilmore East was downgraded overnight. To get the

latest on the situation in

Victoria is Stuart Ord from the

Department of Sustainability and

Environment live on the phone. What

are the main terpbs this morning?

Three main concerns. Firstly the

Wilson's Prom fire. We've got a lot

of work there to go to get the fire

under control. The main protection

there is centred on Yanakee in

Tidal River. So that's the Prom

fire and secondly some in the River

Creek area. Spot fires jumping out

from the containment lines. The

third area of concern is lightning

went across the west of the State,

particularly in the big dessert and

the area east of Horsham. We'll have

have aircraft up this morning to

ensure that if any new fires start,

we can jump on them quickly. Thank you.

An elderly man is dead after being

hit by a car as he controlsed the

road on the Gold Coast. The 85-year-old was struck as he walked

across a busy intersection just

before 7:00 last night. He was

taken to hospital in critical

condition. The female driver was

also taken to hospital and treated for shock.

Anger is growing in flood-ravaged parts of Queensland as fresh

supplies of food and water finally

start dribbling in. Residents fear

they may not survive more isolation

and are worried about the spread of

disease. A huge A land has been

under water for six weeks now - an

area the size of SA. Get something

bloody well done. Residents say

they've been forgotten and are

furious with the State Government's

response. Supermarket shelves are

empty. Other vital supplies are

running low. Without fresh milk for six

six weeks. There's children and

babies. A total feeling of

abandonment. Queensland's flood

damage bill has hit $234 million.

To fix the roads alone will cost at

least half of that. Then there's

local businesses. Some are going

local businesses. Some are going

broke. This is peak tourist season.

Bleeding to death. But it could

take another six weeks for the

water to recede and roads to reopen.

I do understand people's

frustration. We've got to look at

how we can support the communities

in terms of business. There are

also health concerns. A higher rate

of gastro has prompted fees of an

outbreak of outbreak of dysentry.

President Obama is off on his first

foreign trip - a whil wind run to

Canada and back. The trip will last

just seven hours for his first

meeting with Canadian Prime

Minister Steven Harper. On the

agenda - everything from energy and trade to the war in Afghanistan.

The trip comes hot on the heels of

the President's decision to send an the President's decision to send an

additional 17,000 US troops in Afghanistan. Canada has signalled it

wants its troops out of the country by

by the end of 2011.

Sports news and what's the Shark

doing? Greg Norman has a fight on

his hands to make the cut at the

Johnnie Walker Classic in Johnnie Walker Classic in Perth.

The Shark is 11 shots behind the

Derksen. first round leader Robert Jan

Finishing the opening round 11 shots off the pace, the Great White Shark is in need of a miracle to make today's cut. But despite his disastrous day at the office, there were still some glimpses of vintage Greg Norman. COMMENTATOR: These greens are very large. A beautiful pitcher of the golf ball throughout his career, with that incredible talent. World number nine Camilo Villegas was also in danger of finishing below the line,

until he produced this monster put on the ninth. finished the day 4 under. The number eleven's first time down-under saw him treated to a glimpse of the local flora and fauna. So can I go in there just to see what's going on? COMMENTATOR: Very well out. No such sticky situations for Robert Jan-Dersksen - just a lack of luck. Looking very good - oh, half a turn more and that would have been an incredible 9 under par. But it was still enough to send the Dutchman to the top of the leaderboard. Jeremy Arnold, Ten News.

Benji Marshall's bid to play rugby

union in Japan during the NRL off

season has gained support from an

unlikely source. The opposition

coach in this weekend's Foundation

Cup. Roosters boss Brad Fittler

believes it's a better option than losing the Tigers star from the

game. If they want to play and have

a couple of years left of contract a couple of years left of contract

in the NRL, so they're not going

over there and using that as a

stepping stone to bigger things in

rugby union. If they want to go over there and take the money, beautiful. The Roosters are

chasing their third straight win in the annual clash with the Tigers.

Three Aussie teams are in action

tonight in the Super 14 rugby.

Queensland play in South Africa and

the Reds have a new fullback in

their ranks. Former NRL rookie of

the year Mark McLinden will make

his run-on debut in the number 15

jumper. Yeah, very excited but

I've been excited for the last

couple of months. Crossing codes brings with it natural excitement.

The Reds will take on the stormers

in Cape Town.

Time for a look at finance and a

lot of cranky people out there

about the Chinese move on the miners.

Some people are afraid that the

Chinese Government is using the

financial crisis to snap up the

miners at bargain basement prices.

Unions have likened the sale plans Unions have likened the sale plans

to selling the family farm. Rio

claims that thousands of jobs are

at risk but unions want tighter

foreign ownership controls. We

could have a situation where

foreign governments are playing politics with our strategic natural politics with our strategic natural

resources. At the moment, Chinese

companies are making bids for Rio

Tinto, Fortescue metals and Oz Minerals.

To the market and stocks have

struggled on new data showing that

job losses could be the worst the

country has seen in 50 years.

That's finance news for today:

Check of the weather:

It's a little hard to justify in

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feel the need for speed, the

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Just ahead, how do you lose a

billionaire? It's happened, high

profile cricket lover one minute

and gone the next. We'll tell you

who and why after the break. GOOD MORNING, I'M FIONA NELSON. FIRST, A 20 YEAR OLD MAN, WHO HAS PLEADED GUILTY, TO

OLD MAN, WHO HAS PLEADED GUILTY, TO STEALING MORE THAN 70 THOUSAND DOLLARS WORTH OF PROPERTY, FROM PROPERTY, FROM AROUND CANBERRA, COULD ESCAPE JAIL TIME.

DAVID (FYOU - SIM - AL -OH-HE) FUSIMALOHI, ALLEGEDLY ROBBED CLOSE TO 20 HOMES, BETWEEN MAY TWO THOUSAND AND SEVEN, AND APRIL LAST YEAR, ALLEGEDLY STEALING COMPUTERS. BUT HE'S BEEN GIVEN A DETERRED SENTENCE, AND

SENTENCE, AND COULD BYPASS JAIL, IF HE DOESN'T

COULD BYPASS JAIL, IF HE DOESN'T RE-OFFEND, OVER THE NEXT SIX MONTHS. ORGANISERS OF A ROWING REGATTA, WHICH WAS HELD ON LAKE BURLEY GRIFFIN ON THE WEEKEND HAVE COME UNDER

COME UNDER FIRE. STUDENTS, FROM ACROSS NEW SOUTH WALES, VISITED THE CAPITAL FOR THE EVENT, BUT ORGANISERS ARE BEING QUESTIONED, BECAUSE OF HIGH LEVELS OF ALGAE IN THE LAKE. AUTHORITIES, HAD ALREADY ADVISED LAKE USERS, THAT

THE LEVELS WEREN'T SUITABLE FOR WATER SPORTS TO

CONTINUE, BUT THE REGATTA TO CONTINUE, BUT THE REGATTA WASN'T CALLED OFF. AND THE GOULBURN POLICE COLLEGE, WILL BE HOLDING AN OPEN DAY THIS WEEKEND. IT COMES, AS ANOTHER GROUP OF GOULBURN OFFICERS, START WORKING WITH VICTORIAN AUTHORITIES, ON FIRE

INVESTIGATIONS AROUND MARYSVILLE AND KING LAKE. AND THE BRUMBIES, ARE PREPARING FOR THEIR SECOND ROUND MATCH, AGAINST SUPER 14 DEFENDING CHAMPS, THE

CRUSADERS THIS WEEKEND. AND THE LOCAL SIDE, WILL DONATE HALF OF THEIR MATCH FEES, TO THE VICTORIAN BUSHFIRE APPEAL. IF 20 THOUSAND PEOPLE MAKE IT TO CANBERRA STADIUM FOR THE MATCH, THE BRUMBIES WILL DONATE A FURTHER 20 THOUSAND DOLLARS TO THE CAUSE. NOW CHECKING TODAY'S WEATHER.... A WEAK TROUGH OF LOW PRESSURE OVER SOUTHERN NEW

AND THE A-C-T IS LIKELY TO TRIGGER SOME AFTERNOON SHOWERS AND STORMS. LOOKING ACROSS THE NATION - MOSTLY FINE FOR CANBERRA AND SYDNEY - SHOWERS DEVELOPING IN MELBOURNE -

LATE THUNDER AND RAIN FOR BRISBANE CHECKING WHAT'S HAPPENING ACROSS SOUTHERN NEW SOUTH WALES - MOSTLY SUNNY FOR DUBBO 33 - A POSSIBLE SHOWER WITH A TOP OF 23 FOR THE GONG MOSTLY SUNNY WITH AN EXPECTED TOP OF 30 FOR TOP OF 30 FOR BATHURST - A SHOWER COULD BE ON THE WAY FOR BOWRAL MOSTLY CLOUDY FOR COOMA 28 - NOWRA IS ALSO HEADING FOR A TOP OF 28 - LATE SHOWER FOR THREDBO THREDBO LOOKING AHEAD TO THE NEXT FEW DAYS - TOMORROW - THE NEXT FEW DAYS - TOMORROW - SHOULD BE MOSTLY

FINE AND THE FINE CONDITIONS WILL CONTINUE INTO NEXT CONTINUE INTO NEXT WEEK

27 THE TOP FOR BOTH DAYS

BOTH DAYS OVER THE WEEKEND

Headlines every 157 minutes on Ten Headlines every 157 minutes on Ten

News. Today's top stories - John

Howard has his say on the brawl of

trying to rally the troops.

Struggling self-funded retirees

handed a lifeline by the Federal

Government, relaxing rules that

force people to dip into their savings.

And the bull that's more of a

chicken, deciding not to fight the

matador, instead make ago break for

the exit door.

But first today, former Prime Minister John Howard has tried to help

help the Liberal Party after a week

of torrid infighting. And the

Government has shot itself in the

foot shutting down its own inquiry

into green house gas emissions. The Liberal Party is tearing itself apart over the Howard legacy and the Turnbull future. Last night the former Prime Minister told an inaugural address in his honour there is no identity crisis. The Liberal Party is not a party of the hard right, nor is it a party of the soft centre - we are a party of the centre right. This is a great party. We have heard from John Howard and been reminded of his intellect, his vision and his common sense. But Mr Turnbull's tensions with the party's right wing

were exposed as he sacked a frontbencher. On his website, South Australian Senator Cory Bernardi ridiculed the political ambitions of a colleague, identified as factional rival, the moderate Christopher Pyne. If someone does something stupid, then the leader makes a tough decision and sacks him. But the Government managed to embarrass itself too over climate change, cancelling at the last minute its own inquiry into the emissions trading scheme because it was causing too many political problems. Daniela Ritorto, Ten News.

The Prime Minister has highlighted the importance of Australia

maintaining strong ties with

Indonesia. Speaking at a three-day

conference in Sydney, Mr Rudd told

ministers from both countries that

a strong relationship was of

international importance. When the

rest of the world looks at a

developed country of Chris yn

heritage, primarily, in Australia,

working in close and effective collaboration with the largest Muslim in country in the world,

seamlessly, this actually has a

very powerful message to those

beyond our reach. Indonesia is

expected to ask Australia during

the conference to tone down its

travel advisorys for the country.

Good news for self-funded retirees

struggling through the financial

crisis. The Federal Government will

relax rules which force them to dip

into their savings, whether they

compulsory withdrawals are between need to or not. Laws which require

4% and 14% of savings every year

have been halved.

Firecrews in Victoria are battling to contain a blaze in the heart of

a national park south-east of

Melbourne. The fire at Wilson's

Prom was sparked by lightning 11

days ago and so far burnt out

12,000 hectares of bush land. We're

hoping to get this contained in

the next week. If conditions allow

and we get suitable weather. Pts

one of four major fires burning

across the State. The death toll

from the bushfire crisis now stands

at 208.

Disgraced swimmer Nick D'Arcy will

appear in court for sentencing. He

was dumped from Australia's Olympic swimming team for Beijing after

being charged with attacking a

fellow swimmer. The Commonwealth

gold medallist was left with

multiple face fractures.

Queensland's flood victims have accused the Government of ig nearing

nearing their pleas for help.

Karumba residents in the Gulf

country say they've been cut off.

Supermarket shelves are empty and

Local vital supplies are running low.

Local businesss are starting to go

broke and are now fears of dysentry.

The damage bill has already hit

$234 million.

A 20-year-old man is dead after

being cornered in a suburban shed

and repeatedly stabbed in Perth.

It's believed the man was caught

in the middle of a violent feud

between two groups over a girl.

Police say the murder happened soon

after a fight in a local park involving several people with guns

and knives.

A serious road rage attack has left

two Sydney taxi drivers red faced.

Witnesses say the pair stopped their

cars and began brawling in the

middle of the road. They then

climbed back in and drove to a

continued nearby service station and

continued the fight. They were

was arrested. spoken to by police but neither

A woman has been trampled by an

angry bull. The bull, named the

Indian decided he interested in

out of the stadium. He ran loose in fighting the matador and smashed

the car park while matadors tried

to herd him back. They eventually

got him but not before trampling a vet.

The Indian's fears were justified -

he later lost his battle with the

madador in the ring.

Sports news and Greg Norman faces a

stern challenge at the Johnnie

Walker classic. He's in danger of

missing the cut. Robert Jan Derksen

of the Netherlands is the leader.

He'll need more shots like this one

if he's to play at the weekend.

Beautiful pitcher of the golf Beautiful pitcher of the golf ball

throughout his career and just

continues on. The world number continues on. The world number nine

Villegas is even after shooting a

round of 72. Catch all the action

if the Vines on Ten HD this

afternoon from 2:30 Eastern.

Barring injury, Ben Cousins is less

than a week away from his first

match for Richmond. The Tigers

confirming Richmond is on for a NAB

Cup return against Collingwood. to train the house down, Ben Cousins continues continue to be impressed. and his new Tiger team-mates everything, He's won premierships, Brownlows, so the more we can learn off him, the better. I think a lot of the young guys - including myself - just like watching the way he goes about his footy. I have to admit stand there watching him playing. you just sometimes he still gets his hands on the ball. And he hasn't lost it, And, yeah, I can't wait to see him in the black and yellow playing.

Unless injury strikes, against Collingwood next Thursday. his return will come and he's training really well, Ben's fit and well he won't play. and I don't see why training session, After yesterday's with supporters Richmond players posed for the Victorian Bushfire Appeal. to raise $90,000 $160,000. The Magpies also chipping in

will be without Adam Simpson Across town, North Melbourne

with Carlton. for tonight's clash

of few top Roos not lining up. But the skipper will be one over the preseason, We haven't had many injuries and we always thought, into the guys", "If we can get some work of youth and experience. and it's a pretty good mix a strong side, The Blues will also field won't be considered - although bad boy Setanta O'hAilpin a 4-week suspension. he's just starting Nathan Templeton, Ten News.

A major blow to racing's autumn

carnival with Maldivian breaking

down A small muscle tear was

detected after track work detected after track work yesterday.

For the second straight year, the

trainer is forced to withdraw the

horse as favourite for the

Australia Cup. You've got to look

at the bright side. At least he's

good enough to go into an good enough to go into an Australia

Cup. This is a tough game. Connections are hoping three

months rest will have him ready for

this year's Spring this year's Spring Carnival.

Here's one for the cool dudes - a

big pay day for Matthew . He

scored $20,000 for riding the

This 14 largest wave down under in 2008.

metre wave off the WA coast. I got

whip in the perfect position and

made it out alive. So I'm stoked.

Yeah, stoked! Tasmania's Marty

Paradisis won the best patle in

award and Korby Brown picked up his

award for his effort at a secret spot in WA.

US stocks bounced up and down

overnight as investors took all the bad news on inflation and

unemployment rate in their stride.

Juliana Roadley from Commsec. Good Joining me with the details is

morning. Well, what drove the

market overnight? It was the poor

economic news, but we're always

getting poor economic news. They

pushed that to the side. The key

factors were a weakness in the

banking sector. The key banking

index is down to a 17-year low and

also a weak result from HP

yesterday really pulling down the technical stocks. Another story

around the wires today - we've got

a lot of interest in the global

suing bank UBS. The US Government is

suing them trying to get details

over around 52,000 US customers

that hold Swiss bank accounts and they're not releasing this information at the moment. information at the moment. That

anticipates one to hold. The DOW is

down around 60 points and the

NASDAQ is down around 15. And what

can we expect from our market

today? There wasn't much action

going on in Europe. We did see a reduction

reduction in the amount of the gold

price down around $2 to 976. Big

gains in base metal prices and the

oil prices up 13% now, just over

$39 a barrel. Today we're going to

receive some results from Caltex

and Prime Media and Billabong. They're some to watch out for. Thank you.

Sir Alan Stand Ford, the text an

billionaire on fraud charges has

gone into hiding, promptingiced

investors to withdraw cash from the banks. The queues were growing

longer. The line is not moving. In

the Antiguan capital, customers

were beginning to realise their

money may have disappeared. All had

trusted their savings to Alan

Sanford. The man usually so Sanford. The man usually so eager

for publicity hasn't been seen

since Tuesday. At his Houston

headquarters, FBI officials and regulators

regulators are removing evidence.

They accuse him of They accuse him of promising impossible returns and lying about

the losses after the collapse of

Bernard Madoff's savings scheme.

Despite flaunting his billions,

right now, no-one knows if he has a

penny to his name. Today, the vent

zail an Government forceed a

closure on the banks as closure on the banks as ankry

investors in the car abean urgently investors in the car abean urgently

wanted to know if there was anything

anything left.

That's all in finance, but the

Reserve Bank chief can be expected

to be quizzed on the three Rs to be quizzed on the three Rs today. Rates, recession and resurrection of the Government through

Government spending. So we'll watch

out for that one. We'll be waiting out for that one. We'll be waiting

with baited breath. Last look we

weather around the country:

And just briefly recapping today's

top stories. Former Prime Minister

John Howard has stepped into John Howard has stepped into the

midwilling of the Liberal Party

bickering, giving Malcolm Turnbull bickering, giving Malcolm Turnbull

his full support. More fires cause

unease in Victoria overnight as

authorities reveal the death toll

from Black Saturday has gone up yet

again. And good news for struggling struggling self-funned retirees. The Government relaxes rules that

force them to dip into their

savings. That's Ten News for this