WEBVTT - First-home buyers face property price wipeout

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<v Speaker 1>Well, tens of thousands of first home buyers are at

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<v Speaker 1>risk of wipeout due to a sliding housing market. This

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<v Speaker 1>is according to Coalition Analysis, which is suggesting that buyers

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<v Speaker 1>who took up the five percent deposit scheme before the

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<v Speaker 1>May budget would now be falling into negative equity. The

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<v Speaker 1>number is at thirty four thousand, so that's based on

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<v Speaker 1>the number of people who signed up to the program

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<v Speaker 1>in the months before the budget. Now, given that Morgan

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<v Speaker 1>Stanley is predicting a ten percent drop in the housing market,

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<v Speaker 1>so couple that with just a five percent deposit, so

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<v Speaker 1>that's how they come to those figures. Prop Check Analysis

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<v Speaker 1>is showing that the total value of housing across the

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<v Speaker 1>country is taking a two hundred and thirty billion dollar hit.

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<v Speaker 1>Two men have been charged after a fake gun scare

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<v Speaker 1>in Sydney. Police descended on Moore Park last night after

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<v Speaker 1>a witness reported one of the men carrying a firearm

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<v Speaker 1>and wearing body armor. The two men, aged in their thirties,

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<v Speaker 1>were arrested and a replica firearm, a vest and a

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<v Speaker 1>badge were seized. Officers allegedly found prohibited drugs on one

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<v Speaker 1>of the men, who was granted bail to appear in

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<v Speaker 1>court later in the month. The other man was refused

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<v Speaker 1>bail and Willipohl in court today after being charged with

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<v Speaker 1>possessing an unregistered, unauthorized pistol. Well protesters have rallied outside

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<v Speaker 1>a One Nation event in Melbourne. Up to five hundred

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<v Speaker 1>people rallied outside the town Hall Hotel in Hawthorne East,

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<v Speaker 1>carrying banners, chanting and banging drums. One Nation was holding

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<v Speaker 1>an event to celebrate the announcement of candidates running in

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<v Speaker 1>the upcoming Victorian election. The Upper House candidate Mark Nicholson,

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<v Speaker 1>talking to News twenty four, was defiant in the face

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<v Speaker 1>of protesting. James Ashby says security required for Pauline hands

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<v Speaker 1>and outweighs that of Prime Minister Anthony Albanezi. A former

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<v Speaker 1>NRL star and gambling addict, has told a parliamentary inquiry

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<v Speaker 1>of the inducements in wagering and that betting company promoters

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<v Speaker 1>even allegedly supplied him with drugs. The form At Canberraiders

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<v Speaker 1>player Luke Bateman told a parliamentary inquiry he was just

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<v Speaker 1>twenty three years of age when gambling promoters allegedly offered

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<v Speaker 1>to supply him with illegal drugs. Bateman, who gambled away

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<v Speaker 1>his NRL earnings. Told the inquiry the betting industry lacked

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<v Speaker 1>a duty of care and says gambling inducements destroyed his

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<v Speaker 1>life and that of family members. At least eleven people,

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<v Speaker 1>including three children, were killed in a drone strike on

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<v Speaker 1>a popular tourist resort in Russia. Well Moscow is blaming Ukraine,

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<v Speaker 1>claiming it was a deliberate attack on civilians. A specialist

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<v Speaker 1>medical disaster team was dispatched to the area as authorities

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<v Speaker 1>reported nine people have sustained serious injuries. Tourists in the

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<v Speaker 1>Black Sea resorts say there were no sirens sounded before

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<v Speaker 1>the actual drone strike. Kiev has not yet commented. Europe's

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<v Speaker 1>wildfire crisis is deepening as new blazers emerged during widespread

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<v Speaker 1>heatwayh that's taking place across the continent right now. More

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<v Speaker 1>than four hundred firefighters are battling fires in Greece as

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<v Speaker 1>strong and erratic winds whip up flames. Authorities are conducting

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<v Speaker 1>emergency evacuations of villages and settlements in Attica, northwest of Athens.

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<v Speaker 1>Five firefighters have died so far battling blazers in the country.

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<v Speaker 1>Residents evacuated from towns near the French city of Bordeaux

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<v Speaker 1>are being allowed to return for now following a reprieve

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<v Speaker 1>in conditions. More than two hundred and twenty thousand people

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<v Speaker 1>were evacuated by a fire which scorts through forty two

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<v Speaker 1>thousand hectares of land, but a new blaze has broken

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<v Speaker 1>out in a netherlens, prompting evacuations and disrupting some train services.

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<v Speaker 1>Cooler weather is expected to sweep across several countries later

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<v Speaker 1>on in the week, which is hoped will aid crews

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<v Speaker 1>in their fight against those fires.