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Live.

Welfare to work. Julia

Gillard offers incentives to

boost regional jobs. Today I

announce that we will be

introducing relocation bonuses

to enable job seekers to move

another location in order to from their

take up the job. Tony Abbott

pumps up his action plan for the Murray-Darling.

the Murray-Darling. We will get

water straightaway into the

Coorong. Big bank balance. CBA

racks up a record result. And

danger UXB. Nauru haunted by a lethal wartime legacy. Dogs

were playing with it, children

were playing with it.

Welcome to ABC News across

Australia. A cautious growth outlook has weighed local share market.

More finance later. First

more than 20 people have been rescued from the rosh Sian

rescued from the rosh Sian off

Rockhampton after their boat Rockhampton after their boat overturn ed in big seas early this

called the 'Bell Kay' cap sized

250 kilometre east of the

Queensland port not far from

Swain Reef. A local rescue

helicopter has been placed on

stand-by, but weather

conditions are getting worse.

Authorities say no-one has

Authorities say no-one has sustained

sustained injuries more than sustained injuries more than cuts and scratches. Should

anyone deteriorate due to hypothermia

hypothermia or anything that

night has been experienced over the

retrieve anyone in that

situation. But at this stage,

everyone is fine medically. A

Water Police boat is bringing

the rescued fishermen back to shore. They're expected to land

at Yeppoon harbour later today.

In its biggest single spending

promise so far, the government

has found $2 billion to fund a

missing rail link in Sydney.

Julia Gillard is heading to

Sydney today to announce

details of the project. But in

Melbourne, the Prime Minister

of has first outlined a shake-up

Abbott is in South Australia,

offering more water purchases

to flush the lower reaches of the

the Murray. Julia Gillard

toured a GP clinic in the

La Trobe in Melbourne's marginal Liberal held seat of

south-east to announce that

parents on family payments will

face a penalty of more than

$700 if they don't take their

children for medical check-ups

before they start when he came in. We're only

here to get a referral. You

can add the prime ministerial

visit to the referral. They

letters. It doesn't work like don't let me write referral

that. But they do let the

Prime Minister write a cheque,

and this time she's promising

to sign over $2.1 billion for a

rail link from Epping to

Parramatta, a key election battleground of Western Sydney.

It's the missing link says it will reduce congestion Sydney's rail network and Labor

in areas around Penrith,

Blacktown and the Blue

Mountains. It won't add a cent

to the budget to the budget bottom line.

Labor's latest election promise targets crucial marginal seats

that could push the Gillard

Government over the line in

this knife-edge election. I

don't know whether to believe

it or not. So many things have

been said. Nothing's followed through. Another through. Another promise, seriously? How wonderful, we

live on promises. The commuters' cynicism by the opposition

leader's. It's just a typical

Labor promise. Big on sizzle

urges voters not to be conned but no sausage. Tony Abbott

by Labor, pointing to the New South Wales Government's

repeated failure to deliver the

project. But the Opposition

Leader is also desperate to

sway voters in marginal seats,

this time in South Australia.

Mr Abbott has pledged $750

million for the Murray-Darling

basin, saying his government Government's national will resurrect the Howard

management plan. Unveiling his

water package at mouth of the

Murray-Darling system, Mr

Abbott will spend $20 million

to buy 150 billion litres of to buy 150 billion litres

water immediately for the

Coorong wetlands. This will be

the most significant in-flow of

fresh water into the Coorong in

a decade. This is a policy that's like giving a Berocca

for a broken leg. The water

that he is purchasing is only

for one season. What

for one season. What happens

next season? Labor has welfare if it wins government.

Job seekers will receive up to

$6,000 in relocation costs if

they're willing to move employers will be offered

$2,500 if they'll take on job

seekers who are willing to

move.

Nick Harmsen is on the

campaign trail with Julia Gillard in Melbourne. Julia

Gillard has come out swinging

this morning. She is in another

swing seat, La Trobe, a Liberal

held seat in Melbourne's announced a range of welfare

reforms designed to wedge the

opposition. Tact came out with

a plan to encourage people to

move to regional areas for work. And Julia Gillard has something something similar she will

offer people $6,000 to take up

a job in a freejal area or $3

,000 to take up a job in a

metropolitan area there is also

a crackdown on attending

employment meetings. If people

don't attend their meetings

they won't receive their

payments. After a couple of

times those payments won't be

started again until they

Prime reattend. This afternoon the

Sydney where she will announce

towards the long awaited $2 billion a large promise

Parramatta-Epping rail link but

the people who've been waiting

for that for a long time may be for that for a long

waiting for some time still. It

won't be finished until 2017.

That $2 billion worth of

funding won't roll out until

2013/14. It's generally agreed

exciting this hasn't been the most

What's that doing to voter

engage ment? Why haven't

politicians managed to inject much passion into their campaigning? There are two campaigning? There

things to be said about the

mood in the electorate. One is

that people are massively disengageed from this campaign.

I think it's hard to remember

one that's stirred so few

passions in the other thing to be said is that

because people are not passionate, because they're not

stirred up, there's really no

sense, there's no mood for

change in the air. It seems to

be one long job application for

the two leaders. Another day,

another hand-out announcement.

Is it the style of the campaign

that's to blame or that or is it that there's just not too

much to differentiate the two parties, the

parties, the two main partys? It's partly the lack

of difference between what the major parties are offering

although there are some sharp

policy differences. But it's

mainly due to two things. is that the real political

climax of 2010 was the change

of Labor Leader from Kevin Rudd

to Julia Gillard. And this has

the feeling of a kind of

anti-climax about it as though

the run is all over and now

we're just picking up the

pieces. I think also the

campaign suffers from that it's just a series of almost disconnected

announcements that are just dribbled out day by day without

there being any sense of a

coherent, continuous narrative,

some vision for the future of

Australia into which all these

policy announcements might fit.

So they're like bricks lying

around on the ground that are

waiting to be built into a

wall, but no-one's building it. So as

you think will win come August

21? We never know of course

but the poll

before an election campaign is

announced is usually the poll

that tells us the result. That

suggests it will be reasonably

comfortable for Labor to hold

office. Hugh Mackay, thank

you. My pleasure. Businessman

Dick Smith has been a vocal

opponent of the big Australia

idea and he is putting his

money where his mouth offering $1 million to a young

Australian who can come up with a solution to population

control. Dick Smith officially

launched the Wilberforce Award

in Sydney a short while suppose I'm looking for

something like a modern Bob

Geldof or a Ghandi or someone

who's going to become famous

around the world in

communicating the basic fact

that you can't have exponential

growth of the use of resources

in a finite world. You see this

as a global problem, not just a domestic

global problem. We'll go from 6.7

6.7 billion to 9 billion in the

world, and there's already 1

billion who are malnourished,

who don't have enough food now that would

Just concentrating on Australia - it

- it seems therefore you're not

confident that any political leaders

leaders here can handle this

situation. No, not at all. Our

present political parties just

don't get it. It's going to be a new generation of young

politicians. See it doesn't

affect us. If you're in for

three years or I probably have

another 15, 20 years to live, it will

the young people it's going to

affect. They're going to be

suffering from our largesse. Do you think young people at the

moment are worried about

it? No, but they should be and

I think we will be. I'm only

looking for one person out of

6.7 billion. There's got to be

some leaders around. The reason

I call it the Wilberforce

Award, he basically abolished

slavery in the 1830s. The

capitalists said the economy would

didn't happen. We need a young person who will say the God of

capitalism of growth is a false

God and we have to live in balance with the

have a documentary airing on

the ABC tomorrow night on this

issue. What angle have you

taken? The documentary, which

is on tomorrow night, is mainly

just getting people to discuss

it. It shows my story over six

months of not even thinking of

population like most

Australians. And how I learned

by going and asking people

to the scientists they say

there's a chance that people in

the future could starve in this

country if you just keep

growing. At the moment we

double our population every 30 years. That means over 1

billion people at the end of

the same time, 220 years that modern Australia has existed. Into dick Into dick spith, thank

you Thank you, great to talk to you. The United Nations is

launching an appeal today for the

the 14 million people affected

by Pakistan's floods. million people need urgent

humanitarian aid to survive.

Pakistan's President has

returned to the country after

an extended visit to Britain and France. Desperate farmers

try to swim their cattle to

safety. This family is trying

to get out, too. The children

already have serious skip infections from the except for a few of the men,

everybody will leave this place

now. The women and children

only have a few minutes to

gather what they can. They

don't know if their house will still still be standing when they return. This family have made

their own home-made flood

barriers. This is all that's

keeping the water back from

what's left of their compound.

They only have their house and

a small space to keep their

cattle and that's it and the

water in this area is rising.

The women and children look out

over the floodwaters that have destroyed

destroyed their fields. Some of

their neighbours refuse to leave their homes. The river has submerged almost

everything. It's flowing in a 40 kilometre proximity.

Normally it's 2 to 3

kilometres. Despite the

floodwaters many of the

children are dehydrated. It's

extremely hot and humid and

they only have one bottle of

safe drinking water to share.

They just have one

is no food, no shelter, and no

clean water when they reach the

shore. All they can do is

huddle in the little shade they

can find. The grandmother of

the family says they have lost everything, and don't know what

to do. They spend the little

money they have on transport to

higher ground. Like millions of

Pakistanis, they're fending for themselves during the worst disaster history.

It's mud and rubble still

causing major heartache north-western China A weekend

landslide has now claimed the

lives of at least 700 people. Engineers have been blasting

through rubble to try to

release a dangerous build wrup of water.

of water. The wave of mud washed over this small town in

a moment. To some the enormity

of what's happened here is only

now starting to sink in. This

is still a rescue operation.

No-one wants to admit defeat.

But it's bodies that the mud is

giving up now. We found this

woman grieving for her younger

sister, on a pile of the sludge

that swallowed up her home. For

three days she has waited,

watched as the rescuers search

without success. This mother has has lost every member of her

family. Her teenage children,

her husband, too. What am I

waiting for? My kids are

inside. We're trying inside. We're trying to get

them out when the mud came them out when the mud came but it blocked the door too

quickly. I escaped but they

couldn't. She knows her

children are gone, but she

needs to see them one last time. The destruction wrought

by the weather in China this

year is the worst in a generation. Floods and landslides have left thousands

dead or missing. In this small

town they must never know who

was buried, who was washed away

or whether more could've done

to protect them. 65 years after

the end of World War II,

unexploded bombs are still

causing a deadly threat to communities across the Pacific. The Australian Air Force

recently detonated live explosives discovered in the

island nations of Nauru and the Solomons, but many island

residents aren't aware of the dangers the bombs pose. Kirrin

McKechnie reports from Nauru.

The Pacific was a key

battleground in the Second

World War. And wartime relics can be found all over islands

like Nauru. Some still pose a

very real danger this

unexploded bomb was dug up at

Nauru's phosphate mine T made

its way along the conveyor belt

for crushing spotted just in time. They

brought it down to the office.

The mine operations were shut

down for a month, until the

Australian Air Force flew into

town and exploded the relic under chromed conditions. The drama prompted some questions

about another bomb in this

man's backyard. It had been there for a couple of

years. The dogs were playing

with it, the children were

playing with it. While it's

hard to fathom that there could

still be unexplode ed bombs

here 65 years after the war

ended what makes it even more extraordinary is that island of Nauru is tiny. At

least 21 square kilometres.

This man says many Nauruans

have a bomb at home. They're

often used often used as decorative door

Stops. It never occurs to any

one of us staying here of the

clear and present danger.

Relics of the past posing a deadly threat in the present.

The reporting season is

getting into full swing and

Commonwealth Bank has one of

the big results out today, and

there are plenty of big

numbers. Bank has recorded a

record full year net profit of

just over $5.5 billion. That's

a rise of 20% on last year. With me in the studio is

reporter Simon Palan. Profits

up 20%. How have they done it? Australian banks have emerged from the global

financial crisis much better

than many of their peers overseas. says that it's being directly

helped by improving domestic

conditions. It's managed to increase its lending revenue and it's also managed to

capitalise on falling bad

debts. So it's posted a strong result. Now yesterday,

the National Australia Bank

again pledged to not raise

interest rates beyond any of

the Reserve Bank interest rate

moves. Today one of the

Commonwealth Bank's chief

financial officer was asked if his bank could do the same

thing. He said he couldn't give

any guarantees on that and it

would be impossible to predict.

Bank has been able to post a

20% increase in net profit, but no guarantees on interest

rates. What does the bank say

about the rest of the Is it full steam ahead? It's

more of a cautious outlook in what the Commonwealth Bank

Chief Executive is calling

uncertain times. Ralph Norris

says the Australian economy is

well placed relative to many

other developed economies, but

he says relative uncertainty in

the United States and Europe

continues to pose risks. the next few weeks we have

Westpac, NAB and ANZ all set to

announce big profit results in

the coming months . Between

them the big four banks are expected to reap $20 billion.

Now, because of this the

Finance Sector Union is calling

on the big banks to give some of this money back to the community. The Finance Sector

Union wants a super profit tax

on the big banks like the one

that's been proposed for the

mining sector. This of course

is a political issue. The

Greens leader Bob Brown has

weighed in as well. He says that a super banks is a good idea. Thank

you for that. While banks here have been doing well on the

back of a solid home

there are worrying signs about

house prices in Britain. New figures show more properties

are on the market and prices

are beginning to drop. Are

things getting gloomier in the

housing market? Today, yet

another sign that prices are on

the way down. The reason? There

are more sellers out there but not enough buyers. Economic uncertainty appears to be making people more

cautious. We've seen a 37%

increase in the number of people putting their house on

the market to

than the increase we've seen in

buyers. And that's really why

supply is exceeding demand and

why prices are starting to

soften. So what has happened

to UK house prices? Well, in

late 2007, they peaked. The

average cost, just over average cost, just over 186,000 pounds. took hold and a year and a half

later, prices had tumbled, on

average to just under ?148,000. But since

But since then, there has been something of a mini recovery.

So by June this year, prices

were back up on average to

about ?170,000. Largely driven

by a lack of properties. Last

month, though, there was a

slight fall. So is the housing

market now running out of steam? Clearly month of maybe a few where

we'll see a bit of up, a bit of

down, and so we'll have to see

but it hasn't certainly crashed

yet. We're not yet. We're not expected to see

that happening. Indeed in some

parts of the UK like here in Manchester, prices are still rising. Opinion is divided on

where the housing market is

headed. But among consumers, caution

caution seems to be the watchword, with people

reluctant to buy when they

don't know what tomorrow may bring. The economic mood

appears to have recovered from

this year's interest rate

hikes. The latest Westpac-Melbourne Institute

index of consumer sentment

shows a 5.4% surge in August or

17% over the half the two

months this month's Reserve

Bank decision to leave interest

rates on hold is cited as the biggest factor. The body

representing convenience stores

has pulled out of an alliance fighting plans for labelling on cigarette packets. The Association of Convenience

Stores says members want it

remain focused on the broader

issues affecting the issues affecting the sector.

And South Korean police have raided

raided the offices of Google on

suspicion it's illegally collected data on Internet

users. The search engine has

admitted un intentionally

collecting some data and has agreed to cooperate with

investigators. Time for a check

of the markets now. How is the

Commonwealth Bank looking most of the market it's not

doing very well today. Shares

if the Commonwealth are down

nearly 2% as investors focus on

the bank's cautious outlook

statement. That fall has helped

pull the ASX 200 to its lowest

level in 12 days. It's lost 1%

an the All Ords has lost the

same. China's soft import figures released yesterday figures released yesterday are continuing to weigh on resources stocks. Rio Tinto's

1.5% lower. And some more

results, this time from Computershare and the market

didn't like the administers share registries has increased full year net

profit by 15% to $295 million.

But it's disappointed investors by saying earnings per share

will be lower in 2011. The

market has dragged its shares

down almost 13% today but

investors haven't been so harsh

on the property developer

Stockland. It's turned last

year's $1.8 billion loss into a

$478 million profit. Shares in

Stockland are down a relatively

modest

stocks reacted to that rise in

consumer sentiment. It hasn't

helped them either. Woolworths

is 24 c lower and David Jones is down nearly 1% but its rival

Myer is steady. A check now of

the domestic market's other big

movers in the ASX top 100:

The US Federal Reserve's

announcement of boost the economy helped Wall

Street pare back steep early

losses.

The local drive-through

takeaway is supposed to be for

customer convenience, but one

woman in the US has taken it a

lot further than that. Early

morning customer Melanie

Dooshane lost her temper when

told the restaurant wasn't

serving chicken nuggets.

lashed out, hitting him in the

mouth. The nasty exchange

lasted about two minutes, but has landed Melanie Dooshane in

jail for 60 days. In court, she admitted being admitted being drunk at the

time, and accepted a charge of vandalism. Despite the outburst

at the Ohio restaurant, service

to other customers faced little

interruption. A quick look at

other stories making news

around the world. In the United

States, a flight attendant

failed to make bail after

appearing in court on charges of

Steven Slater earlier had a

heated argument with a

passenger on board a JetBlue

plane when she tried to

retrieve her luggage from an

overhead compartment of the he then abused passengers over the

plane's public address system, activated an emergency chute and escaped onto the tarmac. Russian Prime Minister Vladimir

Putin has strung into action

taking charge of a firefighting

plane to help control the

country's forest fire disaster.

Stung by criticism that the government's efforts had been

ineffective, Mr Putin headed the Ryazan region in a water-bombing aircraft. And

fire has swept through a former

Nazi death camp in Poland,

destroying more than half building and up to 10,000 shoes

that belonged to Holocaust

victims. It's thought an

electrical short circuit may

have caused the fire in a

barracks kitchen at the Mydanek

camp. Today marks one year

since a plane crashed into a

mountain in Papua New Guinea,

killing all on board, including

nine Australians on their way

to walk the Kokoda Trail. PNG

authorities say a report on an

investigation into the crash

should be ready by November.

One Victorian woman waiting to

read it is Phyllis Cranwell.

She lost her husband and a daughter on the fateful

flight. Max kranle and his

daughter Leanne had trained

hard for their Kokoda walk but

they never got a chance to test themselves. We still struggle

terribly with it. It's just a terrible situation but we've

had to put one foot in front of the last her husband of 42 years

and her eldest daughter when a

light plane crashed into a mountain near Kokoda. There

were no survivors and 13 people

died died. The last photo of

Max Cranwell shows him on that

fateful flight. We just kept I

guess thinking all the time,

they will be alright. Until we

got the phone call. So yeah, it

was pretty tough day, that

day. An estimated 3,500 people

will walk the track this which is much less than usual. The numbers have dropped

considerably. And in that I

would say June was down about

50%, compared to last 50%, compared to last year.

The local villagers are also hurting from a drop in

business. This year, because of

the plane crash, and less

tourists coming in, my sales is

not good. The crash has put the air industry under the spotlight. Papua New Guinea

authorities say a report into the

the crash will be released by

November. Until it's all

finished, I guess we can't

really make any judgments.

Phyllis Cranwell has another

daughter in PNG at the She made the trip to Kokoda for

the anniversary.

To the weather now. Thick

cloud is contracting east over

Queensland and north east New

South Wales as a trough pushes

off the coast allowing rain to

gradually clear. Cloud

circulating over the south-east

is causing gusty showers and

there's some cloud

over the WA coast. A trough is leaving eastern Australia with

showers beginning to clear away

from the coast. A deepening low is sending gusty cold showers

into the south-east, with alpine snow. A high is keeping

the interior and WA clear as a

front approaches the coast. The

forecasts: markets. The All Ordinaries is

lower and the dollar is at

90.94 US cents. That's the news

for now. I'm Ros Childs. Have a great afternoon. Closed Captions by CSI

This Program is Captioned

Live. VOICE-OVER: Today at the National Press Club, a debate

on the future of Australia's

health system. Health Minister

Nicola Roxon and the Opposition spokesman Peter Dutton will discuss their policies for patients,

patients, hospitals, patients, hospitals, doctors

and nurses. The election 2010 health debate, from the National Press Club.

(Bell rings) Welcome to the

National Press Club in Canberra and

and today's National Australia

Bank debate. I'm Sue Dun Levy from the 'Daily Telegraph' and I'm be debate. Health is one of the key election issues this

campaign. Both sides are

promising to spend billions promising to spend billions of

dollars on hospitals and