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Wayne Swan will tonight officially release the 2012-13 Federal Budget. In a determined bid to return a surplus, some sectors are bracing for deep cuts but there’s expected to be some good news for low to middle income earners. Emilie Gramenz reports. Ticket mania has taken over Brisbane, and Australia, as millions of us take a punt at tonight’s giant Oz Lotto jackpot. Up for grabs a $70 million jackpot, the second biggest in Lotto history. Simone Peterson reports. The jobs of up to a 1000 employees and contractors have been lost as national transport company 1st Fleet locked its doors overnight, without warning. Union bosses blame big retailers for squeezing trucking profit margins. Naomi Lynch reports. The Queensland Hotels Association has called for labour laws to be reformed to allow restaurants to remain competitive. They say the current laws are bad for businesses, workers and consumers. Jorge Branco reports. Many home owners still don’t know whether their bank will pass on all, or some of yesterday’s half a per cent Reserve Bank rate cut. Only two banks have acted so far. NAB said it will pass on 0.32 per cent, while the Bank of Queensland lowered its rate by 0.35 per cent. Benjamin Crock reports. On a Friday or Saturday night, the Valley has its fair share of alcohol related issues and crime. But authorities believe the situation is improving and hope a new awareness campaign will continue that trend. Casey Fung reports. By Isobel Roe, produced online by Erin Smith A board of three media experts has finished a review of the changing news environment in the Australia and are recommending all existing media regulators be replaced with one independent board. By Zac Street, produced for online by Mitchell Ogden. Business groups are lobbying for Fair Work Australia to abolish weekend penalty rates for hospitality workers. They say the rates are having a crippling effect on the industry. The Reserve Bank delivered a stunning boost to the housing market this afternoon. It cut the official interest rate by half a per cent – double what had been widely tipped. If banks pass on the full 50 point cut, it will mean an average mortgage will be almost $100 a month cheaper. Dannielle DePinto reports. By Dwayne Monteiro and produced for online by Erin Smith A video game which allows players to assassinate Adolf Hitler has been labeled ‘sick’ by the Australian Christian Lobby. The game also shows graphic X-Ray vision of bullets tearing through bodies. The upcoming Australian release of video game Sniper Elite V2 has been condemned by various lobby groups in Australia. Read on » Australian lobbyists fight for R18+ rating for games |
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