en-auABC radio news and current affairs afternoon program reporting on Australia and the world.http://www.abc.net.au/pm/Fri, 04 Jul 2008 21:06:00 +1000Copyright 2008 Australian Broadcasting Corporation.currentaffairs@your.abc.net.aucurrentaffairs@your.abc.net.auhttp://www.abc.net.au/pm/http://www.abc.net.au/pm/img/pm_55x55.jpgno One more piece of the Federal Government's climate change jigsaw puzzle is now in place, with today's release of Professor Ross Garnaut's draft report. The man the Prime Minister regards as "just one input" for his carbon emissions trading scheme wants all industries included, though he accepts agriculture will have to wait. http://www.abc.net.au/pm/content/2008/s2295092.htm Fri, 04 Jul 2008 18:10:00 +1000 http://mpegmedia.abc.net.au/news/audio/pm/200807/20080704-pm01-garnautplan.mp3 Ross Garnaut's report proposes that 30 per cent of the money raised from an emissions trading scheme would go towards helping industry cope with the increased costs from imposing a cost on emitting carbon. As we have heard, he says half the revenue should help households pay for the increased cost of living and the remaining 20 per cent towards research into new, environment-friendly technologies. http://www.abc.net.au/pm/content/2008/s2295093.htm Fri, 04 Jul 2008 18:15:00 +1000 http://mpegmedia.abc.net.au/news/audio/pm/200807/20080704-pm02-economiccarbon.mp3 Places such as the Latrobe Valley in Victoria have more to lose than most from any shift away from fossil fuels. The brown coal that lies just beneath the surface there is cheap and abundant, but it's also one of the most polluting ways to make power. http://www.abc.net.au/pm/content/2008/s2295094.htm Fri, 04 Jul 2008 18:20:00 +1000 http://mpegmedia.abc.net.au/news/audio/pm/200807/20080704-pm03-coaltown.mp3 Professor Ross Garnaut knows what it's like to fight a difficult policy corner. His work was central to the Hawke government economic reforms of the eighties, which opened Australia to overseas competition and dismantled the protectionist measures around many Australian industries. But he describes climate change as a "diabolical" policy problem and as we have heard, he says it is harder than any other issue of high importance in living memory. I asked him why. http://www.abc.net.au/pm/content/2008/s2295098.htm Fri, 04 Jul 2008 18:25:00 +1000 http://mpegmedia.abc.net.au/news/audio/pm/200807/20080704-pm04-garnautiv.mp3 http://mpegmedia.abc.net.au/news/audio/pm/200807/20080704-pm-garnautextra.mp3 The Prime Minister has weighed into the debate surrounding a convicted paedophile, who's been run out of another Queensland town. Now civil libertarians want the media banned from revealing his new whereabouts, but Kevin Rudd says the community has a right to know. http://www.abc.net.au/pm/content/2008/s2295099.htm Fri, 04 Jul 2008 18:30:00 +1000 http://mpegmedia.abc.net.au/news/audio/pm/200807/20080704-pm05-paedophilepolitics.mp3 It costs taxpayers many millions of dollars, but the Victorian Government says it's deal to secure the Australian Formula One Grand Prix until 2015 is a win for the state. The race was in danger of being taken away from Melbourne when the Albert Park contract expired in 2010, but the Victorian Government isn't saying say how much money was involved in the new contract. http://www.abc.net.au/pm/content/2008/s2295106.htm Fri, 04 Jul 2008 18:35:00 +1000 http://mpegmedia.abc.net.au/news/audio/pm/200807/20080704-pm06-grandprix.mp3 It was a hard fight onto Australia's Olympic Soccer team. Now it has been announced there's an internal tussle as to who will lead the side onto the field. The 18-member Olyroos team was announced in Sydney today and one of Australia's biggest names Harry Kewell was left of the list. http://www.abc.net.au/pm/content/2008/s2295110.htm Fri, 04 Jul 2008 18:40:00 +1000 http://mpegmedia.abc.net.au/news/audio/pm/200807/20080704-pm07-olyrooscaptain.mp3 The animal rights group PETA - or the People for the Ethical Treatment of Animals - has attempted to upstage a major wool industry promotion night in Paris. The peak industry group - Australian Wool Innovation - launched a new fashion industry award to promote its Woolmark brand. PETA protesters rallied outside the fashion event, but it seems to have had little impact on the fashion writers and editors who were there. http://www.abc.net.au/pm/content/2008/s2295111.htm Fri, 04 Jul 2008 18:45:00 +1000 http://mpegmedia.abc.net.au/news/audio/pm/200807/20080704-pm08-woolprotest.mp3 To the world, he's known as a Russian billionaire football club owner. But in the district of Chukotka in Russia's far east, Roman Abramovich has been the governor. Abramovich has now resigned from the post, saying his job is done. But some analysts believe that the Russian President Dmitry Medvedev, had concluded at the end of this strange mix of money and politics couldn't come soon enough. http://www.abc.net.au/pm/content/2008/s2295130.htm Fri, 04 Jul 2008 18:50:00 +1000 http://mpegmedia.abc.net.au/news/audio/pm/200807/20080704-pm09-abramovichresigns.mp3 In what he's described as a major speech on foreign investment policy, the Federal Treasurer Wayne Swan has sought to clarify Australia's approach to foreign investment. The speech was delivered to an Australia China Business Council lunch, appropriately - as, as the Treasurer said the value of investment applications from China since the election is nearly $30-billion. http://www.abc.net.au/pm/content/2008/s2295134.htm Fri, 04 Jul 2008 18:55:00 +1000 http://mpegmedia.abc.net.au/news/audio/pm/200807/20080704-pm10-financereport.mp3