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Monday, 1 December, 2008

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PM covers a broad spectrum of issues relevant to all sections of Australia's geographically and culturally diverse community. It looks behind political, economic, industrial, business, social, cultural, rural, regional and arts stories. Below is the latest program summary and transcripts are published as soon as they become available. You can listen to today's full program or individual reports in Real Media, Microsoft Windows Media or MP3.

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Updated Monday, 1 December, 2008

Economy teetering on the edge

Economic numbers released today adds to a growing body of evidence that the economy is on the edge of recession. A fall in company profits outside the mining sector and a sharp drop in consumer prices have shortened the odds that the RBA will slash rates by as much as one percentage point at tomorrow's final board meeting for 2008.

Bishop faces taunts in QT about performance

The Opposition used Question Time to grill the Government over the cost blow-out to its computers in schools programme. But Government Ministers spent their time taunting the Shadow Treasurer over speculation the Coalition party room is unhappy with Julie Bishop's performance.

Carbon sink dissent costs Nash parliamentary secretary job

Nationals' senator Fiona Nash has tendered her resignation as a shadow parliamentary secretary as she prepares to cross the floor with her three colleagues to vote against a tax deduction for planting forests as carbon sinks, a policy developed by the Coalition when it was in government.

Grief and anger after Mumbai attacks

Amid memorial services and funerals, the people of Mumbai are absorbing the possibility of how much worse it might have been. The terrorists who attacked hotels, a hospital, the railway station and a Jewish centre killed nearly 200 people, but it's now alleged that they planned to kill 5,000.

Thai PM missing in action as crisis continues

The two airports in Bangkok are still occupied with tens of thousands of travellers who are still trying to get out. Thailand's Prime Minister seems to be missing in action as his country lurches deeper into crisis.

Aussies farewell Bangkok

Two-hundred-and-eighty Australians are now on their way by coach from to Phuket where they will catch a Qantas jet to Singapore and on to Australia. Some of them spoke to Geoff Thompson as they left Bangkok.

Insurance anger: strandard passengers left to foot bill

There are reports that Australians stranded in Bangkok for days are now being told their travel insurance won't be valid. Deirdre and Bruce Timms and were due to go home to Melbourne last Wednesday, but last week their travel insurance company, 1Cover, told them it would not cover them for any other expenses caused by the delay.

Palm Island forced to go dry

The relationship between Queensland authorities and the Aboriginal community of Palm Island is under renewed stress. The Island's only licensed venue has lost its licence, and locals are angry. This afternoon the Palm Island Council has voted not to allow public servants into the community unless they provide essential services.

Forestry Tasmania grants wood supply deal

The Tasmanian timber giant Gunns Limited has locked in the wood supply for its controversial Tasmanian pulp mill. Forestry Tasmania is giving Gunns a two year extension on the wood supply deal for the mill. If Gunns starts work within the two year time-frame it will have access to 1.5 million tonnes of timber each year for the next 20 years.

The PhD dance

A Sydney PhD student has just won an international competition which asked entrants to turn their PhD studies into an interpretive movement performance. Her piece on 'The role of Vitamin D in beta cell function,' doesn't sound catchy but you can dance to it.

Homeless cup kicks off

Melbourne's Federation Square has been transformed into an outdoor soccer stadium for the sixth annual Homeless World Cup. The event unites teams of homeless people from 56 countries across the world, and helps them get their lives back on track.

Babcock and Brown in trading halt

To business and finance on the markets with Brigid Glanville.