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Live. Silver, silver, silver.

Australia picks up more medals

but gold eludes the Missile by

100th of a second. That hurts.

I gave it my best tonight. It

back. Sydney authorities

grapple with a problem that

just won't go away. Of course

it will be very smelly and I

suspect the crowd down-wind

will clear very quickly. Change

of heart. New claims that diet

and exercise aren't the best

prescription. And who'd be

shocked about what's now the

greatest film of all time?

Hello and welcome to ABC News

across Australia. I'm Ros

Childs. The local share

market's just in front. Retail

sales figures are just in and

they're surprisingly strong.

The All Ordinaries is up 3

points, the Nikkei is higher,

Dow Jones ended down and retail

sales figures boosting the

Aussie dollar at 105 US cents.

More finance later in the

bulletin. Gold continues to

elude Australia in London after

James Magnussen finished second

in the men's 100m freestyle

this morning. The 21-year-old

was aiming to boo become the

first Australian to win the

race since 1968 but now has to

set his sight on Rio in four

years' time. It's the

blue-ribbon event and James Magnussen had his heart set on

gold. The world champion.

He'd already tasted failure

this week and the pressure

couldn't have been more

intense. He was the reigning

world champion but not tonight.

America's Nathan Adrian taking

the crown. It's Magnussen in

front of Adrian and Adrian

wins. It couldn't have been

closer. Just 0.01 of a second

making it all the crueler. Try

and split that. 1/100 of a

second between Olympic gold and

Olympic silver. I've

struggled a little but I've

learned a lot. I'll go back and

regroup and, yeah, it hurts.

It's been a massive experience

for James. You can't explain to

someone what the Olympics is

like. It's the Olympics. The

women brought home silver as

well in the 4x200m freestyle.

It was almost gold until the

final two laps, outpaced by the

Americans. But Bronte Barratt,

Melanie Schlanger, Kylie Palmer

and Alicia Coutts couldn't have

done more. I'm over the moon.

Absolutely over the moon. It's

so nice to see some of her

dreams come true. Not what

they'd hoped for in the pool

but Australia got a second

chance on the bad emptien

court. The women's pair had

been knocked out of the

Olympics only to find

themselves back in, recalled

after the competition was

thrown into disarray by teams

deliberately trying to lose

their games. In two farcical

matches they served into the

net and barely seemed to try.

All 8 have been disqualified.

It's good to know your

One man was on everyone's

mind. Wiggo. We just love

Bradley. He's the people's

person, just tremendous. I

think everybody's behind him.

Bradley Wiggins, the Tour De

France winner, has helped

launch a passionate revival of

British cycling and his

performance seems to have a

direct link to the nation's

sense of pride. It's very

important to us because the

economy, we can think of

nothing but sport at the moment

and this is what it's all

about, taking our mind off

other things and enjoying

ourselves. They love his

winning style right down to his

facial hair. How old are you?

7. Is this the first time

you've had sideburns?

Yeah. And this man of the

moment delivered. He's the

gold medallist. The win makes

Bradley Wiggins the most

decorated British Olympian in

history, surpassing the 6-medal

haul of rower Sir Steve

Redgrave. Earlier, two women

captured team GB's first gold

of the Games as the culmination

of an extraordinary fairytale.

Four years ago neither hethen

Stanning nor Helen Glover were

rowing, one had given the up,

one was head hunted for cross

country running but now they're

winners. A fantastic thing for

British sport. Two gold medals

in one day. Can't ask for

anything more really

# God save the Queen #

While the British took the

gold, the air pair of Kate

Hornsey and Sarah Tait surged

home to claim the silver,

Australia's first emedal outside the pool. Duncan

Huntsdale reports. Sarah Tait

and Kate Hornsey were just

hanging on to third spot with

500m to go before digging do

epi-in a stirring finish. Through come Australia.

Silver. I was just pushing us

for bronze, bronze, bronze and

all of a sudden I caught sight

of them and thought, "We could

go for silver." Very exciting.

It's showly starting to sink in

once I get over the physical

pain of the race and start to enjoy it more. Australia just

missed a medal in a tight

fienings the men's 8. As Lauren

Jackson became the highest

point scorer in Olympic female

competition, Australia was

pushed by Brazil. The Opals won

67-61 and are preparing for a

tough test against Russia.

They're really big. They shoot

we're going the ball exceptionally well so

we're going to have our work

cut out for us in two days

time. It was no laughing

matter for Spain, thrashed 5-0

by the Kookaburras. Archer

Taylor Worth defeated the

American world number one Brady

Ellison. He's done it with a 9. Lleyton Hewitt lost in

three sets to world number two

Novak Djokovic but won his

mixed doubles match with Sam Stosur. Josh Jefferis finished

19th in the all-round final and

after five Olympics, Natalie

Cook bowed out when she and

partner Tamsin Hinchley lost to

the Czech Republic. Let's look

at the tally board now.

They knew it was bound to

come back and it did. Yesterday

a dead humpback whale washed

ashore into a swimming pool at

Sydney's Newport Beach. The

high tide refloated it but

today it was back a40-ton

problem for the local council

to clean up. Let's go to Jason

Ong at Newport Beach. A lot of

work this morning to remove a

very big whale carcass? Well,

as you can see I'm at Newport

hours the Beach and over the last few

hours the authorities have been

trying to move the carcass

further up the beach where it

can be cut down into smaller,

more manageable pieces. Now

they're going to move it into a

second spot, a shallow pit

behind me and that's where

they'll cut down even further.

Earlier they tried to get an -

they got an excavator in but it

simply couldn't shift the mass

of the carcass. It's 40 tons

and this excavator tried to

pull the tail, tried to push it

from the other side and it was

too big and the excavator was

not up to the job. The National Parks and Wildlife service authorities have been cutting

up the whale and it's been a

very grisly and messy task.

It will be messy. It always is

when you can't cut up a 40-ton

animal without making a mess.

It's like what thfs the joke

about you can't make an

omelette without cracking eggs?

Much insame here. How

difficult has it been to deal

with the sheer volume of whale

meat and bones? They had to

use chainsaws and sharp knives

to deal with this issue and I

saw large chunks going in into

a truck and those pieces will

be taken probably to Eastern

Creek in Western Sydney to a

tip where it will be buried and

allowed to decompose. The

scientific team has also taken

some samples today. They took

samples of blood, wluBer and

the skin and they want to find

out how the humpback died. Now

there's one theory that's going

around which is that it was a

young humpback and it was sick.

It simply couldn't keep up with

the migration. We are at the

end of the migration season and

it seemed to be at the back of

the pack and might not jB able

to keep up and have died as a

result. Jason, how have locals

been reacting to the clean-up?

Since yesterday, since the

carcass washed up in that rock bath, in that bath, in that ocean pool

further up the beach, people

have been coming, spilling on

to this beach, hundreds of

people have been coming to see

the spectacle. They've taken

photos and taken a good look at

the whale. Now, I think there's

lot of curiosity here and

certainly that's the case still because people are still

streaming on to this beach to

have a look. Jason, thank you.

The remains of notorious bushranger Ned Kelly will now

be returned to his desenants

for a private burial after a

developer lost his bid to keep

them. The Victorian Government

has issued a new exhumeration

licence which means the

developer of Melbourne's

Pentridge prison won't be able

to use Kelly's remains for a

memorial or museum. Scientists

identified the remains of the

bushranger last September after they were exhumed in they were exhumed in 2009. A spokesperson for the family

says they're relieved and

intend to bury Kelly in

private. Independent review of

the Federal Government's fair

work laws will be made public

today. Business groups and

unions have made submissions to

the review which was promised by the Government when its Fair

Work Act was introduced in

2009. It's not expected to

recommend sweeping changes despite sustained criticism of

the laws from business and from

the Opposition. We have some

serious workplace relations

issues in this country. There's

a flexibility problem, there's

a militancy problem, bsk all

else there's a productivity

problem. We have got to tackle

them for the long-term benefit

of every Australian

working. It's understood the

review will find the fair work

act is working as intended and

dismiss suggestions it's led to

a slow-down in productivity.

James Packer's plans for

luxury hotels on both sides of

the country are moving along.

LendLease today announced it's

signed an exclusive agreement

to build a 6-star resort and

casino in Barangaroo in Sydney

and am yesterday Mr Packer

unveiled a similar proposal for

Perth's Burswood casino. Those

plans have been attacked by

Anglicare which says the State

doesn't need more places to

lose money. This is what

Perth's new 6-star hotel, known

as Crown Towers, will look

like. The 500-room hotel will

be built next to the existing

complex at Burswood at a cost

of $568 million. I'm told it

will be the best hotel in

Australia by a significant

margin and will do so much to

help overcome the shortage of

high-quality hotel rooms in Perth. Part of the development will be on State

Government-owned land which it

will sell for $60 million. The

hotel is expected to create 700

jobs during construction and

500 ongoing jobs once open. The Government has also backed Government has also backed

plans for an additional 500

gaming machines and 130 gaming

tables at the casino complex

over the next five years. If

it's approved by the commission

it will take us to 2,500

machines and 350 gaming

tables. Common sense prevails.

If you're going to build a new

major hotel of 6-star standard

in a casino complex, you need

to expand the casino. Gaming

taxes are expected to increase

by $52 million a year and the

Government bill get an extra $5

million a year in pay roll tax.

The hotel is expected to lure

79,000 more visitors to the

State each year. The

announcement is an extremely

positive sign of confidence and

investing in the Perth and

Western Australian tourism and

hospitality market.

Construction of the new hotel expected to expected to begin next year and

be completed in mid 2016. The

development also spells the end

of the Burswood park golf course which was already in

doubt with the new stadium

being built at the northern end

of it. The Premier expects the

golf course to close at the

start of next year. The latest

retail sales figures are just

out and they're surprisingly

strong. Sales jumped by 1% in

June, fuelled by carbon tax handouts. Spending at

department stores grove growth

up almost 3.5%. Grain growers

in the United States are in the

grip of the worst drought in a

generation with blistering heat

waves wilting crops. In the

boom and bust world of

agriculture, it's Australian

farmers who are cashing in.

America's big dry has spread

across more than 48 states and Australian grain growers are

set to take advantage of what's

very bad news for their US

counterparts. It is good news

for Australian growers at the

moment. Obviously with those prices growers are looking to

take advantage of that and our

production this year in

Australia is looking pretty

good at the moment. And while

the drought in the northern hemisphere will benefit

Australian growers in the

short-term, in the short-term, in the future,

feeding Asia is forecast to

keep grain prices high. The

countries where all the

population and affluence growth

is occurring so increased

consumption of wheat and demand

for feed grain to support

protein, they're deficit grain countries. The opportunity for

us as an exporter is

tremendous. Some Australian

farmers are enjoying higher

land prices too. What is going

to be an increasing driver of

that is, as we've talked about,

the scarcity of grain if we're

talking grainland coming out of

the northern hemisphere and the

big food security story, the

need for increased amounts of

protein, if creased amounts of

wool. But despite the good

conditions, agribusinesses say

aging infrastructure could

hamper export opportunities.

Some investment by the

commercials in rail, there

hasn't been enough by the State Governments, there's been

under-investment for a couple

of decades and I think the

supply chain is not as

efficient as it should be. The

best help for Australian

growers now, a good spring

rain. Let's go to some other stories making news in

business. The competition

regulator says it won't oppose

NewsCorp's attempt to take over

James Packer's Consolidated

Media, a move which would

strengthen Rupert Murdoch's

hold on pay TV in Australia.

The ACCC says the deal is unloo

lake to lead to a substantial

lessening in the sector.

Today's decision gives News a

head start on the Seven Group

which is also trying to get

ACCC approval for a bid. The

resources boom is boosting

demand for office space

according to the proper council

of Australia, July vacancies in

city centres fell to 7.3 from

8.3% a year earlier. Most of

the dmented was for space in

Perth and Brisbane. Emirates

Airlines says it may reach a

code sharing agreement with

Qantas within six months. A

tie-up would likely give Qantas access to Emirates access to Emirates Airlines's

network of flights from Dubai

and expand its European

offerings. Let's take a check

of the markets with John

Milroy. The market's been in

and out of the red today? Flirting with even at the

moment but up a touch. We've

got a weak or mixed lead from

overnight. Europe was better.

UK and French index higher,

Germany down a touch. The US finished in negative territory

after investors were dis

appointed about the Federal

Reserve's commitment to further monetary policy easing. The Fed

looks like they're ready to do

more but nothing concrete was

released. Also tonight we'll

get from the European Central

Bank perhaps some news and

backing-up of the comments by

derog derog derog last week

about what they'd do to support

the Eurozone. Resources better,

banks mixed and LendLease getting a getting a boost from the

announcement that Crown and

LendLease will build a luxury

hotel at their key development

Barangaroo in Sydney. And we

have just seen retail sales

numbers. How is the market

reacting to those? The sector

hasn't moved much with only JB

Hi-Fi up about 5 cents or so

but certainly getting a bit of

a lift, better than expected

here, 1.4% for the June

quarter. We were going for

quarter. We were going for

0.9%. Weaker petrol prices,

interest rate cuts and the carbon compensation payments

seem to be helping. Are we

likely to get more direction

for the market next week when

reporting season kicks off? Yeah, we're in a corporate

black-out period ahead of that

period you've mentioned.

Markets are waiting for some of

the key financial numbers. What we've seen yesterday with the

Australian PMI index is production growth is falling production growth is falling

and prices are rising so

there's going to be a squeeze

on margins, important for

cyclicly domestically focussed

companies. Key result next week

will be Cochlear and CBA for

the bank sector is a key one as

investors have been showing

that sector some favourable

intentions of late. John,

thank you. On to Wall Street

and no action today from the US Central Bank

Central Bank as John said.

Traders are hoping tonight's

meeting of the European Central

Bank will do more to tackle

that region's debt crisis.

The Olympics inspires many

people to get out and exercise

but initial enthusiasm is often

short-lived. The same can be

true for diets. People try and

lose weight but it's often the

case of old habits die hard.

Now a study into the best ways

of preventing heart disease led

by Queensland researchers has

concluded that diet and exercise campaigns are

ineffective and would get

better results if manufacturers

were made to reduce salt levs

in food and more people were

given medication. The national

Heart Foundation believes all

these measures have a role to

play. Dr Lynne Roberts is the

foundation's national CEO. I

Heart Foundation would like to

see all of those things

actually happening. It's not

either/or. We need

comprehensive social marketing

campaigns and approaches and

then of course what we need to

do is also reformulate food and

reduce salt, saturated fat and

things like that. Do you agree

though that

though that often exercise and

diet, those regimes are

short-lived and can be risky if

too violent a change is made?

No, I don't think so. I think

what we really want to do is

encourage the community to make

those gradual changes and build

it up over time and so I think

what is important is that we

use PR and campaigns to help

and encourage people to do that

and then we look at food

reformulation just as we have

with the Heart Foundation with

the tick program for over 20

years so we can put healthier

food on to people's tables.

And the WHO is saying that salt

is actually as dangerous as

smoke for your health? There's

really good evidence that

really shows clearly that salt

can lead to high blood pressure and of course high blood

pressure is a risk factor for

heart disease and for stroke.

It is important, I think, we've

got some really good research

that been done here in

Australia that estimates that

about 6,000 premature lives

could be saved if you could

reduce salt down to World Health Organization levels so

it's definitely worth doing. There's been some excellent work done in Britain that shows

the savings that you can

achieve both in cost to the

health system but also more importantly to importantly to lives. Also many

people might be reluctant to go

on drug to reduce cholesterol

and blood pressure but should

they just be more realistic

perhaps and recognise that that

is actually going to save their

life potentially? What's

important is that people if

they're concerned about their

risk of heart disease or their

health really need to go to

their GP and actually have an

absolute risk check. Actually

understand what their risk

factors are for heart disease.

The doctor will be able to then

give expert advice as to

whether they need medication to

reduce the risk or whether they

can just tackle the risk in

terms of lifestyle by looking a

what they're eating and

becoming more physically active

and of course quitting smoking.

That's so important from a

heart disease perspective. Dr

Lynne Roberts, thank you.

Thank you. A man will be

sentenced today for the murted

of Bundaberg schoolgirl Trinity

Bates twOed years ago - two

years eago. Allyn John Slater

was due to stand trial next

week but unexpectedly pleaded guilty yesterday. 8-year-old

Trinity Bates dis appeared from

her home in February 20 10. Her

body was later found in a

nearby drain. A committal

hearing last year was told the

girl was choked but most likely died from

died from drowning. Slater

faces a maximum life sentence.

New video footage purports to

show Syrian rebels executing

suspected Loyalist troops. It

coincides with UN confirmation

that Opposition fighters

defending suburbs in Aleppo

from Government troops are now

using tanks and heavy weapons. The ABC's Middle East correspondent Matt Brown

reports from Syria. As reports from Syria. As the

battle for Aleppo continues in

the south and centre of the

city, the rebels have sealed

off the northern outskirts.

After taking an important army

base, they control the road

from Aleppo to Turkey. They've

seized around a dozen tanks and armoured personnel carriers,

destroying some and preparing

to turn the rest of the guns on

the Government's forces.

They're now just a few

kilometres from Serb,s heavily populated by Government

supporters - suburbs. The men

here have succeeded in

capturing a very strategic

point. From here, we can

control all of northern

Syria. When the rebels storm

said this base on Tuesday, they

say they killed around 15 soldiers and captured 25 more.

The rebels are proud of these

tanks but they are badly

damaged and not easily supplied damaged and not easily supplied with ammunition and yesterday

they say the regime destroyed

several, bombing them from the

air. Russia says this video

which allegedly shows rebels

killing pro Government

militiamen in Aleppo proves

both sides in the conflict are

abuse ing human rights. On the

northern outskirts, the

evidence of a bitter contest is

certainly clear. Hopes and

mosques have been hit by shell

fire, houses daubed with graffiti supporting the regime.

Even the feared secret police

have been targeted. The rebels

say they place is under their

control but they can only lay

claim to the streets because

every civilian, nono matter

what their allegiance, has

fled, leaving just a ghost

town. Let's look at other

stories making news - India's power Minister power Minister is promising

that a black-out which left

more than half a billion people

in darkness across his country

will not happen again. Three of

India's five power grids failed

during the outage. State

Governments have been accused

of using more than their

allotted quotas. Up to 100,000 North Koreans have taken part

in the country's latest sink ru

inised dance and gymnastics

show in Pyongyang. The

show in Pyongyang. The

so-called arirang performances

became a stachal of the culture

under Kim Jong Il who died in

December. In the US, a

motorhome has ended up in a

neighbour's pool. The owner had

been backing out of his

driveway when he lost control,

landing in the pool across the

street. For the past 50 years,

'Citizen Kane' has ruled the

roost as the critics' choice as the greatest film the greatest film of all time.

This year though, the Orson

Welles 1940s masterpiece has

been superseded in the 'Sight

and Sound' magazine poll by

another classic. James Stewart

playing San Francisco detective

who quits the force after this

incident because it leaves him

with

with vertigo. Hitchcock used

the plot device to hang his

intricate story of surveillance

and obsession, love and the

critics in 1958 were not

thrilled by the thriller when

it was first released but

today's generation have voted

it the greatest film of all

time so what's changed? Over

time, with repeated viewings, because

because this film has such rich

psychological layers of

investigation into the

personalities involved, it's

grown and grown in critical

estimation and the more times

you see it the more you grow to

love it. The critics might laud

'Vertigo' for its hidden depth

s but Hitchcock's cinematic

genius also lay in the

superficial. He was master

stylist, a direct were a

fanatical approach to image.

For this famous scene,

Hitchcock used an innovative

camera trick to accentuate the

detective's fear of heights.

It's a move replicated by

directors such as Martin

Scorsese and Steven Spielberg,

created when the camera moves

out while its lens moves in,

distorting perspective. Hitch

cock had other visual trick up

his sleeve such as this

psychedelic dream sequence.

It's worth noting the first 10

films in the poll that

'Vertigo' topped are over 40

years old, suggest ing critics

are prone to nostalgia or

films, like a good wine, get

better with age. The satellite shows speckled cloud shows speckled cloud over the

southwest, a band of cloud across the west and south with

the trough. Cloud over SA with

a front and high cloud over the

rest of the southeast. A high

should bring another cold

morning and dry day to much of inland Australia and the east

coast.

Let's go back to the stock

exchange for a final check of

the market:

That's the news on a day when

Australia won three silver

medals at the Olympics but gold

eluded James Magnussen. There's

continuous news on ABC News 24

and also news online. Our next

full bulletin on ABC 1 is 7:00

this evening. I'm Ros Childs.

Have a good afternoon. Closed Captions by CSI

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