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  1. Bernanke says GSE debt backing must be maintained (Reuters)
    www.reuters.com
    BERKELEY, California (Reuters) - Federal Reserve Chairman Ben Bernanke said on Friday that U.S. backing for the debt issued by home mortgage finance firms Fannie Mae and Freddie Mac in their current form must stand firm, even though it is appropriate to debate their future.
  2. Rees axes $50 school allowance (Daily Telegraph)
    news.com.au
    EXCLUSIVE: NSW families are under attack from the State Government with plans to axe the $50 back to school allowance for 1.1 million students.
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