Today's most important news for Australia

At 1100h today, the Chinese Manufacturing Index will determine the wealth of Australia. Greece is about to fall off its perch and should be allowed to fall into a cesspool. If you won't work and you have been overvalued, you deserve to be covered in shit.

Now you know why the biggest chunk of our tourists are from mainland China. They come draped in high tech Japanese cameras and videos, and they eat in good Chinese restaurants.