Afternoon News Wrap- December 12

Afternoon News Wrap- December 12

HOCKEY FLAGS LARGER BUDGET DEFICIT

Federal Treasurer Joe Hockey has confirmed there will be a bigger budget deficit than expected outlined in the Mid Year Economic and Fiscal Outlook, when it is released next week.

The deficit has been widely tipped after the federal government failed to pass a number of budget policies through the Senate this year, including bills that would introduce a GP co-payment and de-regulate university fees.

Mr Hockey has told SKY News the reason for this expanded deficit is due to a lack of support from the Labor party for the government’s budget saving measures, as well as changes in the global economy.

‘We’ve faced some significant headwinds this year, obviously the global economy has come off a bit, iron ore prices have dropped dramatically and we’ve had some opposition in the Senate that’s made it harder,’ he said.

Meanwhile Shadow treasurer Chris Bowen has warned the public the MYEFO would be a document ‘full of excuses, full of blame-shifting and full of pathetic reasons” for losing control of the budget.

ACCC RECALLS RAW MILK PRODUCT

The Competition Watchdog has called on the company which sells unpasteurised milk for bathing purposes to recall its product, following the death of a toddler in Victoria this week.

It was revealed yesterday a three-year-old had died after consuming the milk made by Mountain View Farm.

It also comes as it has been reveal four other children have fallen ill, due to drinking raw milk.

The Australian Competition and Consumer Commission says it is now conducting a nationwide investigation into possible breaches of consumer law by companies which sell raw milk as a cosmetic product.

WOMAN SHOT IN SYDNEY MOTHER OF BROTHERS FOR LIFE FOUNDER

A woman shot in the stomach through the front door of her western Sydney home has been identified as the mother of the Brother’s For Life gang founder Bassam Hamzy.

Lola Hamzy remains in Westmead Hospital in a serious condition, after being shot last night.

Police were called to the home in Auburn on Albert Road shortly after 8:30pm (AEDT), where they found 57-year-old with gunshot wounds to her stomach.

Authorities say while they know of the link to the gang, they currently have no motive for the shooting.

UKRAINE NOT IN THE MIDST OF CIVIL WAR- POROSHENKO

Ukraine’s President Petro Poroshenko says there is no civil unrest in his country but there is a humanitarian crisis.

Mr Poroshenko has addressed the Lowy Institute in Sydney as part of a two day visit to Australia.

Whilst in the country the President has held talks with Prime Minister Tony Abbott, the pair discussing in detail the MH17 tragedy and how Ukraine is dealing with the crisis involving pro-Russian rebels.

Mr Poroshenko says if the country’s borders were closed down Ukraine would not have the unrest that is being described as a civil war.

KERRY CALLS FOR ACTION ON CLIMATE CHANGE TO AVOID TRAGEDY

US Secretary of State John Kerry has made an impassioned plea for all nations to work for an ambitious UN climate change deal next year, warning time is running out to reverse a course “leading to tragedy.”

Mr Kerry has addressed climate change talks in Lima, as they wrap up today.

He says a deal in Paris next year would not be “a silver bullet to end  rising temperatures, heat waves, floods, droughts and rising sea levels” but he says it could put the world on the right track.

He has also reminded world leaders they have a moral obligation to act.

About author

Amy Whittaker
Amy Whittaker 1402 posts

Amy joined the NRN team in August 2011, before graduating from a B of Arts (Communication-Journalism)/B of Sports Studies from Charles Sturt University in December 2011.

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