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Ten Early News

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Date

07-12-2011 06:00 AM

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07-12-2011 06:00 AM

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07-12-2011 06:00 AM

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2011-12-07 06:00:03

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199595

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Ten Early News -

View in ParlView

(generated from captions) This program is captioned live.

Lawyers for Simon Cowely slam Nick

Darcy filing for bankruptcy is an

compensation. easy way to avoid paying

Good morning. Good

Good morning.

Welcome to Ten News. More than 50

Afghan capital. Shi'ite Muslims killed in the

In sport David Beckham shines for

the LA Galaxy as the visitors down Melbourne Victory.

The big four banks staying mum.

Controversial swimmer Nick Darcy

filed for bankruptcy. In July last

year D' Arcy was ordered to pay

$180,000 in compensation to fellow

swimmer Cowley. Cowley's lawyer

says it's a cop out. When he's

discharged from bankruptcy, then

what he owes is all over and done

with, so he starts a new life with

no debts to pay.

the London Olympics. D' Arcy is currently training for

Forensic officers remain at what

police describe as one of the worse

mother crime scenes they've encountered. A

mother and their two daughters were

found dead in WA. The news shocked

the beachside community. These

sorts of things you exspet to

happen somewhere else. It never

happens in your backyard. Police

refused to answer questions on how the trio died.

Peter Slipper admitted to being

bullied out of the Queensland

Liberal National Party. The newly-

elected Speaker said he wouldn't

knew have accepted the position if he

knew it would guarantee Labor

staying in power the full term. He

questioned reports the Coalition

was pushing him out of Parliament

when Labor pounced. Last month the

ALP scored a coup when Harry

Jenkins resigned and went to the Labor backbench giving Labor an extra seat on the floor.

Two suicide bombs in Afghanistan

have killed dozens of people and

injured more than 150. The attacks

which were staged in a large

Shi'ite religious gathering are the

a decade ago. worst since the fall of the Taliban

The first blast hit during

religious ceremonies near a mosque

in Kabul. A suicide bomber killed

50 and wounded more than 160.

and wept. Survivors held shoes of the dead

Several more Afghans died in a

second blast in the northern city of Masaisharif.

The attacks happened on a Shi'ite

holy day. The Taliban denied

responsibility and condemned the

bombings as the brutal work of

enemies. Afghanistan has a history

of violence between the Sunnis and

Shi'ite minority but attacks on

religious days are rare. The Afghan

President said the first attack was

unprecedented in scope. It happened

he lives. near the Presidential palace where

He spoke from Germany, a day Arafat

gan stan's Western Allies pledged

long-term -- Afghanistan's Western Allies pledged long-tem support.

President Obama pledged to pull US

forces out by the end of 2014.

Meanwhile more than 30 people have

been killed in a series of pom

attacks across Iraq as pilgrims

taking part in the Festival of

Ashura were targeted.

On the outskirts of a city a car

bomb exploded before two more

roadside bombs detonated. Local

women and police say most of the victims were

women and children. Taliban

insurgents are blamed.

Thousands of residents are forced

to flee as Indonesia's Mount

Gamalama volcano erupted. Lava and

ash spewed into the air which fell

on to villages and roads. The 1700m

volcano eruplted on Sunday with

cold lava. cold lava -- erupted on Sunday with

The local airport has closed.

Authorities are reduced the status

of the volcano to the second

highest alert level.

David Beckham's LA Galaxy has come

from behind to down Melbourne

Victory at Etihad. The home side

was up 200 in the first half. -- 2-

0 in the first half.

penalty. The visitors hit back through a

When Beckham was braut down before

another. the break they levelled through

The first time we've won in this

country. It's pleasing. We've had a

good week to end the season.

There was no star showdown between

Beckham and Harry Kewell with the Victory's first man rested.

Scott Watters says his young

draftees will be considered for

2012. Once you're in an AFL list

I'm not interested in your birth

certificate F you are ready and

successful you will stay. No

concerns to me whether that's 18 or

28. And despite interest from GWS

coach Kevin Sheedy, delisted Hawk

season's draft. Rick Ladson failed to nominate next

Australia will have its first team

in next year's Tour deFrance. Green

Edge was awarded a Pro-Tour licence.

It's The investor, Gerry Ryan is excited.

It's arrived. The fax was there

this morning at the office. We're

overjoyed. Green Edge will debut in

Victoria's Jayco Bay Classic in January.

Time for the finance news. We got

the the cut. The question now is will

the banks pass it on? We're waiting

to hear that. We will be anxiously

waiting to see if the big four pass

on yesterday's rate cut in full.

The banks have been saying --

staying mum on that they plan to do

with the Treasurer saying that

borrowers will be angry if they

play the Christmas Grinch. I've

been putting more competition into

our banking system over the past 12

months and if people are unhappy

with their financial institution,

they have the capacity to walk down

the road. The Bank of Queensland

was the first to pass on the

Reserve's cut. The RBA decision to

reduce rates to 4. 25% was largely

due to trade in Asia and it could

hurt domestic growth. Some experts

are tipping another rate cut when the board meets in February. the

Overseas. As we reported yesterday,

credit ratings agency, Standard and

on notice. Poores has put European countries

But, Germany's Angela Merkel

brushed aside the warning. What the

German Chancellor thinks in private

for the threat of downgrading her

credit rating probably doesn't bear

repeating. Appearing with the

Afghan President she said the key events were happening later this week.

"What the ratings agency does is

its own responsibility", she said.

"On Thursday and Friday we will

make the decisions which we think

are indispensible". Pile opbg on

the pressure, the US Treasury

Secretary, Timothy Geithner arrived

in Germany. He is set to have key

talks with European leaders to urge

them to reach a deal. The warning

from Standard and Poores hasn't

increased the chances. The

financial crisis no longer a crisis

of individual countries on the

periphery, we think it's more

into some poor country. systemic, and has been spreading

-- countries.

It's been a fairly chopy session on

Wall Street.

-- choppy session on Wall Street.

Looking at the newspaper headlines.

The Daily Telegraph is one of many

reporting on the big four banks

failing to announce if they will

customers. pass on the full rate cut to their

The Australian says the largest

boatload of asylum seekers to

arrive since 009 has landed on Christmas Island.

The Mercury reports on Princess

Mary arriving in Tasmania with family in tow.

And the Herald Sun says David

Beckham wowed his Melbourne crowd

though his team, LA Galaxy got the win.

Still ahead: harsh verdict as an

Australian businessman is sentenced

to 14.5 years jail in China.

A panel investigating rot

enaccounting at Olynmus says a

crime gang wasn't involved.

Olympic swimming hopeful Nick D'Arcy

D'Arcy filed for bankruptcy less

than a year out from the London

Games. The move is labelled a cop

out and a way of dodging hefty

compensation for assaulting a swimmer.

He's a national record-holding

butterfly swimmer but out of the

pool Nick D'Arcy struggled to stay

afloat. The 24-year-old filed for

bankruptcy, a move allowing him to

avoid paying $180,000 in damages

for assaulting Champion Swimmer and

tomorrower team-mate Simon Cowley.

I believe it's a cop-out. Hours

after his selection, he shattered

Cowley's jaw, and fractured his eye

socket. His dream of gold medal

glory also in pieces. He was later

convicted, booted from the

Australian team and left seemingly drowning in debt.

I would have thought that he would

have had the courage at least to

try to speak to Simon and try to

negotiate something, whatever it was.

It's claimed once he is discharged

the turbulent time also be unjustly behind him.

behind him. Next year, 2012, part

of my tax that I pay from money

that I earn will go towards

financing Nick D'Arcy for a trip to

London to the Olympics to represent

this country. And he's prepared to

walk away from his obligations. Why

should I be paying for him to

represent my country? I don't think

that's fair. Nick D'Arcy could not

be contacted for comment. A A Chinese court delivered

Australian businessman Matthew Ng

an unexpected sentence of 14.5

years in jail. The harsh verdict

stunned Ng's lawyers and devastated

his family. The businessman was sentenced on embezzlement and

corporate charges but his legal

team insists he was a victim of a

business dispute T45-year-old told

the judge he was a sacrificial

object of the case and is expected to appeal.

Japan's whaling fleet left port for the

the controversial annual hunt in an

tarbgt ka. Three ships set sail on

the -- Antarctica. Three ships set

sail on the mission. Security

measures have been beefed up on the

fleet to monitor possible con

trontaigss with anti--- confrontations with anti-whaling activists.

Families in NSW could soon lose

their right to overrule a

relative's wish to donate their

organs. The State Government is

considering an overhaul of the

donor system designed to help

declining transplant rate. We have

one of the largest donor lifts --

lists but one of the smallest when

it comes to actual transplantation.

The proposal includes removing a

family's right to veto organ

donation and switching to a National National Organ Register linked to

Medicare. Julia Gillard says Kevin

Rudd is on her Christmas card list

and denies she waited until he was

out of the country to overrule him.

But the Opposition says it is

further evidence of a shambolic

Government.

Julia Gillard wants more kids

participating in sport, but the

Opposition says she wasn't so keen

on Kevin Rudd participating in a

major decision. The Foreign

Minister left the country on Sunday,

but the PM insists he wasn't

ignored in Cabinet. The usual

process is they ensure their views

are represented. Cabinet still

rolled him, giving the ABC the $200

million job of running the

Australian Network Satellite

Service, cutting out the other

tender of Sky News. We got advice

the tender round should be brought

to an end. It was Kevin Rudd who

opened the way for Sky News in the

first place. As long as you have

the Prime Minister and the Foreign

Minister at war, effective

government is impossible. The

process feeds the perception of

dysfunction in the government, but dysfunction in the government, but

ministers see the decision mopping

up Kevin Rudd's mess and Julia

Gillard is adamant she's not at war

with her dumped preDecember ceor. -

- predecessor. We work together

closely. She will send him an Oxfam Christmas card like this.

Two suicide bombers have ripped through religious celebrations in

Afghanistan killing more than 50.

The first blast was the biggest

with the suicide bomber targeting a

crowd of people during religious

ceremonies for the Shi'ite holy day

of Ashura. The second blast was

near a mosque in the Northern city

of Mazar-i-Sharif. The tap ban has denied responsibility and condemned

the bombings as the brutal work of

enemies.

US Secretary of State Hillary

Clinton held a rare meeting with

Syrian Opposition figures. Mrs

Clinton spoke to the group of 7

about their plans to establish a

new democratic government, if they

with pry President Assad from power.

A democratic transition includes

more than removing the Assad regime.

It means setting Syria on the path of the rule of

of the rule of law. Meanwhile new

amateur vision emerged of the

aftermath of a surge of violence in

Syria, with up to 50 people killed

in the past 24 hours.

Australian researchers are looking

for volunteers to take part in a

trial aimed at preventing heart

attack suffers having repeat

episodes. More than 30 countries

worldwide are taking part in the groundbreaking study.

A priest in the Brisbane hospital,

Richard helps others but last year

the 64-year-old needed help. You

think it won't happen. I know I

have high cholesterol and high

blood pressure, but I can live with

them, everyone else does. He's part

of an international study which

aims to prevent recurrent attacks.

Repeat heart attacks are more

likely to likely to be severe, disabling, even

even fatal. 50,000 Australians

suffer a heart attack each year.

10,000 die. I was walking and

feeling as though I had a harness

pulling a ten-tonne truck.

Dennis was lucky. Now researchers

need patients like him to help make

the trial viable. Anyone who had a

heart attack between one and three

years ago and are over the age of

50 may be eligible for the study.

Participants will take anti-

platelette medication for a year

and will have regular check-ups

with a doctor.

Sports news: the Australian team

arrived in Hobart ahead of the

second Test against New Zealand.

Dan Christian has been promoteed to

the squad to replace the injured

Ben Cutting and Starc hopes to

build on the two wickets he took at

the Gabba. I Another opportunity to

get another Test under my belt and

hopefully more experience. Australia

Australia beat New Zealand by nine

Brisbane. wickets in the first Test in

Wild weather in Perth forced

tonight's A-League match to be postponed

postponed with the Glory unable to

fly out of Perth Airport. Overnight

Victory went down to David

Beckham's LA Galaxy. The home side

had a lead, but gave away two

penalties t last by brings down

Beckham. The Galaxy went on to win

the penalty shoot-out for three

victims. Marquee man Harry Kewell was left out.

St Kilda unveiled its 2011 draftees

and unlike past seasons, the club

says its kids are in line to play.

New coach Scott Watters declares

any meaning. that date of birth no longer has

any meaning.

Circle of truth, circle of trust,

whatever its name, we're likely to

see a lot more under St Kilda's new

regime. It is about maximising

minute every minute. We want a minute-by-

minute culture. That gives them a

chance to set goals. They're connected.

The huddle not the only thing that

changed under Scott. His selection

policy also set to be less

conservative than his predecessor.

Once you're on an AFL list I'm not

interested in your birth

certificate. If you are successful

you will stay in the side and no

concerns if that's 18 or 28.

The Saints' newest recruits jumping

at the opportunity to be a part of the

the start. There's a chance for

everyone. All the boys are trying

to push you up and get the best out

of you, as you are try out of

and yourself. Just trying to train well

and make a good impression.

Kath is back. It was the rate cut

retailers prayed for.

Yes, with shop owners crossing

their fingers that yesterday's cut

will boost the retail sector. Some

economists say it's come too late,

but struggling retailers are

optimistic. I genuinely think we

could see retailers dancing in the

aisle. This means an improved

prospect of a better Christmas. So

far the Bank of Queensland and ME

banks are the only lenders to pass

on the Reserve Bank's rate cut.

Overseas: the leaders of Germany

and France have been given

incentive to solve the crisis

griping the Eurozone. Standard and

Poors says 15 of the 17 countries

of the single currency could face a

downgrade by the end of the week.

The financial crisis in the

Eurozone is no longer a crisis of

individual countries on the

periphery. We think it has taken on a more systemic trajectory.

the Both Angela Merkel and Sarkozy say

euro. the proposal will stabilise the

US Treasury Secretary Timothy

Geithner enjoyed exercise ahead of a

a series of meetings. It's his

fourth visit to Europe since

September, highlighting the United

States' nervousness about the

threat posed by a faultering

Eurozone. A panel looking into

dodgy accounting at Olympus say the

company was rotten to its core

blaming the $1. 7 billion losses on

two former executives who they say

cooked the books. They recommended

legal action against the pair as

well as the replacement of board

members who knew what was going on.

Olympus shed around half its market

value you since the scandal broke.

Mystery surrounds the dets of a

Midwest. mother and her daughters in WA's

And dozens of arrests on the streets of Moscow. This summer, with Telstra Pre-Paid, $79 goes a long, long way. Get an exclusive pre-paid smartphone with Telstra. from just $79

Our main stories. Fplt lawyers for

Simon Cowley slam Nick D'Arcy

filing for bankruptcy.

Death on the streets of Kabul after

Shi'ite Muslims. Shi'ite a suicide bomber kills more than 50

In sport, David Beckham shines, as

the visitors down Melbourne in

their exhibition game.

All eyes are on the big four banks

with borrowers hoping they will

pass on the rate cut in full.

Controversial swimmer Nick D'Arcy

filed for bankruptcy in a move that

will allow him to avoid having to

pay a hefty damages bill to Simon

Cowely. In July last year he was

ordered to pay around $180,000 in

compensation to filo swimmer Cowley

jaw. for the assault which shattered his

When he's discharged from

bankruptcy, somewhere between three

and five years, then whatever he

owes is not repayable, it is

finished. So he really starts a new

life with no debts.

London Olympics. Nick D'Arcy is training for the

Three people including a teenage

mother and her baby girl have been

killed in a shocking smash in

Queensland. They were travelling towards

towards Kilkoy when their car

skidded and slammed into a tree.

The male driver in his 20s and the

young woman died before mayor --

paramedics arrived. A three month

old baby was thrown there the car.

It will cause a lot of sorrow coming up to Christmas.

One man somehow survived the crash

and was found walking near the

hospital with multiple injuries. wreckage. He was airlifted to

Forensic officers remain at the

scene of what police say is one of

the worst crime scenes they have

encountered. A mother and her two

daughters were found dead in their

Port Denison home in WA's Midwest T

news shocked the beachside

community. With only 3,000 people

these things you expect to happen

somewhere else. It never happens in

your own backyard. Police have so

far refused to answer questions on

how the trio died.

The Speaker of the House of

Representatives, Peter Slipper,

admitted to being bullied by the

Queensland LNP before he accepted

his position. We're joined by our

Political Reporter live from

Canberra. He says he's shocked by a

statement the Coalition was pushing

him out of Parliament? Fair fax is

claims reporting that Peter Slippe rerbgs

claims he didn't defect from the

LNP to shore up Labor's vote, he

says he wouldn't have done that,

but he says it was because he was

being bullied by the LNP. being bullied by the LNP. He says

he is confused by statements made

by Tony Abbott saying the LNP was

trying to push him out of

Parliament. He says that's because

he had a meeting with Tony Abbott

and the Federal Liberal Director

about four months ago in which they

said, that the LNP was trying to

replace him, but they would try to

find him a seat in Parliament. That

is because back then based on the

numbers the Coalition needed Peter

Slipper because there was one vote

difference between them and the

Government on the floor. Now with

Peter Slipper on the cross-

backbenches, the Government now has

a two-vote buffer and Mr Abbott has

said that he now has washed his

hands and peat ser the Government's

problem. And Malcolm Turnbull

stirring the pot again. Again, he's

being recalcitrant with what the

Liberal Party wants. He's siding

with Labor. Malcolm Turnbull said

that he wants Coalition MPs to have

a conscience vote on the issue of

gay marriage rather than vote as a

block. Voting as a block would mean

they would vote against amending

the marriage Act. But Tony Abbott

said that Coalition MPs can cross

the floor of the house if they want

to without fear of rep ur cushions.

-- repurcus -- reppurcushions. I've

never advocated gay marriage in the

past. There's a sense in which

every vote that our party takes is

a conscience vote because we don't take disciplinary action against

people who make their own

judgements about these matters.

A private member's bill will be

introduced to amend the Marriage

Act by a Labor backbencher and

based on the current numbers the amendment would fail.

Two suicide bombings have ripped

through religious celebrations in Afghanistan killing more than 50.

The first blast was the biggest,

with a suicide bomber targeting a

crowd of people during religious

ceremonies for the Shi'ite holy day of

of ash ash. The second blast was --

Ashura. The second blast was near a

mosque in the northern city of

Mazar-i-Sharif. The Taliban

condemned the bombings as the

brutal work of enemies. Russian

police detained 100 opposition

members. The protesters were

calling to an end to Prime Minister

-- Putin's rule. It comes as the

country's Opposition Leader was

jailed for 15 days for his part in

a protest against Sunday's

elections. He was detained on

Monday night in a protest that had

been officially approved by Russian

authorities. Meanwhile anarchists

clashed with Greek police in firey protests

protests in the nation's capital.

The protesters marched on Greece''s

-- Greece's Parliament. The rioters

rr taking part in a march to commemorate the third anniversary

of the fatal shooting of a teenager in Central Athens.

David Beckham's LA Galaxy has come

from behind to down Melbourne

Victory. The home side was 2-0 in

the first half thanks to a brilliant opener.

Cernak doubleed the lead but the

visitors hit back through a penalty.

When Beckham was brought down, they

levelled through another. Galaxy

went on to win the shoot-out 4-3.

The first time we've won in this

country. So it's pleasing. We've had

had a good week to end the season.

There was no star showdown between

Beckham and K eewell with the

marquee man controversially rested.

In contrast, the former coach Ross

Lyon, Scott Watters says his

draftee also be considered in 2012.

His comments came as the Saints unveiled

unveiled their crop of recruits.

Once you are on an AFL list, I'm

not interested in your birth certificate.

certificate. When you are ready to

play and if you successfully do

that, you will stay, if you're 18 or 21.

And despite interest from GWS coach

Kevin Sheedy, delisted Hawk Rick

Ladson failed to nominate the draft.

Australia will have its first team

rideing in the next year's Tour de

France after Green Edge got a

licence. Holding the paperwork, the investor,

investor, Gerry Ryan is excited. We

started planning 18 months ago. It

finally arrived. This fax was there

this morning at the office. We're

overjoyed. Green Edge will debut in

Victoria's Jayco Bay Classic.

Kath now. Any word on if and if

they do when t banks will pass on

the rate cut?

No, but we may hear more today.

Borrowers will wait any

announcements after yesterday's

rate cut. At this stage they've

stayed quiet on what they plan to

do, with Treasurer Wayne Swan

warning borrowers will be angry if

they play the Christmas Grinch.

I've spent a lot of time putting in

place more competition into our

banking system over the past 12 months

months that we've seen in years. If

people are unhappy with their

institution, they can walk down the

road.

Bank of Queensland was the first to

pass on the cut and the bank has followed suit.

The RBA decision to reduce rates to

4.25% was largely due to fears of a

slowdown in Europe and world growth.

The neutral tone of the Governor's

statement suggests that trade in

Asia could hurt domestic growth.

Some experts are tipping a rate cut

when the board meets in February.

Overseas: as we reported yesterday,

credit ratings agency Standard and

Poor's has put European countries

on notice, saying they run the risk

of a downgrade if they can't agree

on a road to recovery. But

Germany's Angela Merkel brushed

aside the warning. What the German

Chancellor thinks in private of the

threat to downgrade her country's

credit rating probably doesn't bear

repeating in pub liblg. A-- public.

Appearing at a press conference

with the Afghan President, she said

the key events were happening this week.

"What a ratings agency does is its

responsibility", she said. "On

Thursday and Friday we will make

the decisions we think are

important". Piling on the pressure

the US Treasury Secretary Timothy

Geithner arrived in Germany. He is

set to have key talks with officials

officials to urge them to reach a

deal. The warning from Standard and

Poor's hasn't increased the chances

of that. The financial crisis we're

witnessing in the Eurozone is no

longer a crisis of individual

countries on the periphery. We

think it has taken a more systemic

trajectory and has been spreading

into some core countries.

Now the markets: it's been a choppy session. Brisbane :

The Toronto Sun says a woman has

created a visit in delivering dead

flowers. The jokes send a message for break-ups anddy vors.

The New Zealand Herald says

takeaway shops are apologising to

customers for the drop in chip

standards. They say the earthquakes

affected the quality of potatoes.

The China Daily show how staff at a

wildlife park are turn to the

Internet for advice on how to cope

with a sheep and a dear becoming unnaturally close...

More violence on the streets of

Syria as the country moves closer

to civil war. GOOD MORNING, Amy La Porte with your local news update... New legislation to increase powers for ACT police during traffic operations look set to be introduced into the Legislative Assembly. The new laws will allow police to order the removal

of any face covering that may obscure a persons identity... or prevent a drug or alcohol driving test. Attorney General Simon Corbell says the amendments also include sensitive provisions for the removal of cultural or religious head coverings... or due to medical treatment. A 22 year-old former hairdresser has pleaded guilty in the ACT Supreme Court to sexually molesting a 14 year-old girl at a Woden cinema in January

last year. Kimrae (FORE-TELL- EZA) Forteleza is currently serving a prison term for sexually molesting two other girls aged just 13 and 14. Police say while on bail from the two previous charges, its alleged he molested the girl at the cinema. . Officers have raided six homes in Goulburn and one in south-west Sydney as part of Strike Force Oppy...

The covert operation into drug supply has been running for over four months and has lead to the arrest of 11 people. Goulburn LAC Superintendent Gary Worboys says yesterday's arrests stemmed from information obtained

from the local community and police intelligence...

Archdeacon Genieve Blackwell is leaving her Parish in Yass, to take up the post as the Anglican Church's first female bishop in New South Wales. The Anglican Diocese of Canberra and Goulburn appointed its first female bishop over the weekend. . And a Canberra Roller Derby star skater has been awarded the Most Valuable Player for Team Australia. "Short Stop" from local side the "Black 'n' Blue Belles" has been awarded the title after her performance in the fourth placed Australian side during the recent Blood and Thunder Roller Derby World Cup. Shortie was one of four skaters from the Canberra Roller Derby League to gain national selection. Now having a look at today's weather details...

Taking a look at the satellite - Cloud across New South Wales is bringing patchy rain and cool southeasterly winds. Looking across the country now... A shower or two in Sydney and 21... A cloudy, rainy day for Brisbane... 22 and overcast in Canberra. Closer to home now... A top of 23 and a cloudy day in Dubbo... 26 and mostly cloudy in Wagga... Mostly fine for Bega though and 22. 17 and showers for Bowral... Cloudy and 20 for Batemans Bay... 15 and cloudy in Perisher. Overcast and 20 for Mudgee... 21 and a possible shower in Nowra... Cloudy and 24 in Parkes. Checking the forecast for Canberra... A top of 23 tomorrow and a cloudy day... Showers heading into the weekend... a top of 22 on Friday and 24 on Saturday. . (BRIGHT MUSIC) This summer when the sun goes down, Telstra Pre-Paid makes it easier than ever to connect with your friends. For a limited time, Telstra gives you free talk and text to standard Australian numbers every night from 6pm to 6am on Telstra Pre-Paid Cap Encore when you recharge $30. (BRIGHT MUSIC INTENSIFIES)

You're with Ten News. Olympic

swimming hopeful Nick D'Arcy filed for

for bankruptcy less than a year out

from the London games. The move has

been labeled a cop out and a way of

dodging a hefty compensation pay- out for assaulting a swimmer.

He's a national record-holding

butterfly swimmer but out of the

pool Nick D'Arcy struggled to stay

afloat. The 24-year-old filed for

bankruptcy, a move allowing him to

avoid paying $180,000 in damages

for assaulting champion swimmer and former team-mate

former team-mate Simon Cowley. I

personally believe that it's a cop-

out. Three years ago, just hours

after his Beijing Olympic selection,

Nick D'Arcy shattered Cowley's jaw

and fractured his eye socket. His

dreams of gold medal glory in

pieces. He was convicted, booted

from the Australian team and left

seemingly drowning in debt.

I would have thought that he would

I would have thought that he would

have had the courage at least to

try to speak to Simon and negotiate

something. Mr Macedone claims once

Nick D'Arcy is discharged from

bankruptcy the turbulent times in

will unjustly behind him. Next year,

2012, part of my tax that I pay

from money I earn will go towards

financing Nick D'Arcy for a trip to

London to the Olympics to represent

this country. He's prepared to walk

away from his debts and obligations,

and so why should I be paying him

to represent my country? I don't

think that's fair. Nick D'Arcy

could not be contacted for comment.

A Chinese court has delivered

Australian businessman Matthew Ng an

an unexpected sentence of 14.5

years in jail. The harsh verdict Ng's lawyers and devastated his

family. The businessman was sentenced on embezzlement and corporate charges but his legal

team insists he was the victim of a

business dispute. The 45-year-old

told the judge he was a sackry firl

object of the case and is expected

to -- sacrificial object of the

case and is expected to appeal. Ya

pan's whaling fleet is on for the

controversial whaling hunt. The

mission is set to be for scientific

research. Security measures have

been beefed up to monitor possible

confrontations with anti-whaling

activists. The fleet aims to catch

around 900 whales this season.

Two suicide bombings in Afghanistan

have killed dozens and injured more

than 150. The attacks which were

stageed in a large Shi'ite

religious gathering are the worst

since the fall of the Taliban a decade ago.

The first blast hit in religious

ceremonies near a mosque in call bull.

A suicide bomber killed more than

50 people and wounded more than 160.

Survivors head shoes of the dead

and wept.

Several more Afghans died in the

second blast in the northern city of Mazar-i-Sharif.

A bomb strapped to a bicycle

exploded near a mosque. The attacks

happens on the Shi'ite holy day of

Ashura. The Taliban denied

responsibility and condemned the

bombings adz as the work of enemies.

Afghanistan has a history of

violence between Sunnis and the

Shi'ite minority but attacks

Shi'ite minority but attacks on religious days are rare.

The Afghan President said the first

attack was unprecedented in scope.

It happened near the Presidential

Palace where he lives. He spoke

from Germany, a day Arafat gan

stan's Western Allies pledged -- Afghanistan's Western Allies

pledged long-term support.

President Obama pledgeed to pull US

forces out by the end of 2014.

forces out by the end of 2014.

US Secretary of State Hillary

Clinton held a rare meeting with

Syrian opposition figures. She

spoke to the Group of Seven after

their plans to establish a new

democratic government f they can

prize President Assad from power.

Obviously a democratic transition

includes more than removing the

Assad regime. It means setting Syria on the

Syria on the path of the rule of

law. Meanwhile new amateur vision

has emerged of the aftermath of another

another surge of violence in Syria

with up to 50 killed in the past 24 hours.

Sports news. The Australian team

arrived in Hobart ahead of the

second test against New Zealand

starting on Friday. South Australian all-rounder Dan Christian

Christian has been promoted to the

squad to replace the injured Ben

Cutting and Starc hopes to build.

It is good for me to cope with the

performance rbs and get another

Test under my belt and experience.

Australia beat New Zealand by nine wickets

wickets in the first Test in

Brisbane. Wild weather in Perth

forced the A-League match between

Melbourne Victory and Perth to be

postponed. The Glory were unable to

fly out of Perth dp airport. -- Airport.

The home side gave away two

penalties the last by bringing down bekka Cam.

The visitors -- bringing down Beckham.

The visitors levelled. Harry Kewell

was left out. St Kilda unveiled its

2011 draftees and the club says its

kids are in line to play. New coach

Scott Watters declaring date of

birth no longer has any meaning, a

far cry from the days of Ross Lyon.

Yirkle of truth, of trust, whatever

-- circle of truth, circle of trust,

we're likely to see more of it.

It's about maximising every minute.

We want to take every opportunity.

That gives them a chance to set

goals. They're connected. The

huddle not the only thing that's

changed under Scott. His selection

policy set to be a lot less

conservative than his predecessor.

Once you're on an AFL list I'm not

interested in your birth

certificate F you are successful

you will stay, if you are 18 or 28.

The Saints' newest recruits jumping

at the opportunity to be part of the starting 22.

There's a chance for everyone, so

all tl boys are trying to get the

best out of you.

best out of you.

Yes, trying to train well.

Speaking of huddles, perhaps the

banks are in a huddle what to do

with the rate cut, though retailers,

a sigh of relief? They're cheering the news.

Retailers will be banking on homeowners

homeowners spending up the money

they would have likely saved if the

big fall banks pass on

big fall banks pass on the rate cut.

It couldn't have come at a better

time with the sector tipped to do

it tough this Christmas.

I think we could be seeing

retailers danceing in the aisles.

This means an improved prospect of

a better Christmas. So far the Bank

of Queensland and the NE Banks are

the only ones to pass on the cut in full.

The leaders of jurpl

The leaders of jurpl and France

have been given incentive to solve the

the crisis griping the Eurozone.

Standard and Poor's says 15

countries could face a downgrade by

the end of the week.

The financial crisis we're

witnessing in the Eurozone is no

longer a crisis of individual

countries on the periphery. We

think it has taken on a more systemic trajectory.

systemic trajectory. Both Merkel

and Sarkozy say the proposals

presented will stabilise the euro.

One man looking to make sure the

Eurozone is stablised is US

Treasury Secretary Timothy Geithner.

He has a series of meetings

including one with the President of

the ECB. It's his fourth visit to

Europe since September highlighting

the United States' nervousness about

about the threat posed by a

faultering Eurozone. A panel

looking into dodgy accounting at

camera maker Olympus found no

evidence of a link to organised

crime. They say the company was rot

on the to its core, blaming the

$1.7 billion losses on two former

executives who they say cooked the

books. They recommended legal

action against the pair as well as

the replacement of a board member

who knew what was going on. Olympus

has shed half its market value. Recapping:

Lawyers for Simon Cowley slam Nick

D'Arcy, filing for bankruptcy as a

cop-out, saying it is an easy way

to avoid paying compensation.

Murder on the streets of Kabul

after a suicide bomber kills more

than 50 Shi'ite Muslims.

than 50 Shi'ite Muslims.

And the big four banks staying mum

as pressure mounts for them to pass

on the rate cut.

Well, you could call them Santa's

helpers or maybe they are bringing

holiday cheer to the wardrobe, a

dash of red and white when 250

skiers today took to the scopes for

the 12th annual Santa Sunday. They

were raised money for needy children.

children. -- raising money for

needy children. And the annual London

London Santa pub run saw Santa's

raising more money.

See you tomorrow,

Red Bee Media Australia (ALARM BLARES)

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