wieambilla farm in queensland. there are easier jobs than cattle farming in this place. 10 years of drought, then the flood this past year. nature's whims are unpredictable. katie and scott lloyd were born here. despite the harsh conditions they've built up a business with 5000 head of cattle. >> this is our life. this is what we're working for. we live and breathe this every day. we wouldn't be here if we didn't have a connection and we didn't loe what we're doing. >> but not long ago everything changed. katie and scott live on a gas field. all over the farm access roads, gas wells and pipelines are cropping up. it's useless to protest. it's all within the law. mineral resources belong to the state, and it allocates drilling rights to gas companies in return for hefty payments. >> we certainly couldn't say, 'no, you can't put wells in, full stop.' so i guess it is a big sense of loss of control. >> they feel like guests on their own property. they take us to one of the wells. the gas is brought up from a depth of

a uniquely british tradition that goes back to day one of the queensland june 2nd 1953826 year-old elizabeth took the crown. million celebrate with parties and repeated them at the silver jubilee in 1977 and the golden jubilee in 2002. it seems the entire nation is in thrall by the jubilee >>> this the in has been gathering for two weeks, and going to the shops and everyone is jubilee bound and jubilee crazy >>> there are three more days of crazy to come with a concert at buckingham palace a service at st. paul's cathedral and the main event a flotilla of 1000 ships down the river thames led by her majesty the queen. started at a cbs news london >>> i think that looks cool. it would be fun to be there >>> she loves absolutely amazing and beautiful in that dress. the a's need jubilee action. the a's bats, live in the and their nine game losing streak and he takes over in the fourth for the spurs. >>> tiger woods for a shot behind sacramento net of spencer living in the final round of the memorial. it was turned back the clock at the ballpark back to 1912, the giants beat the cubs 2-1. the los

expected peak is reportedly the highest in every century just last month the northeastern state of queensland experienced its third major flood in less than two years. the. credit rating giant standard and poor's have predicted a one in three chance of greece leaving the eurozone after the country's general election later this month a left wing syriza party which is tied for first place in the latest opinion poll has voted cancel the country's bailout deal if elected comes after an inconclusive election result in may greece has been under strict terms to cut spending working last protests from the public. well the strive to keep greece within the euro zone is said by many economists to increasingly resemble a farce in about ten minutes time here in r.t.r. the financial guru max kaiser reveals what he believes is behind it is part of what's coming up. like a greek exit at worst means more money printing for the banks and they've already priced that into their stocks and their bonuses what they're really afraid of is that a country finds its inner gonads and decides to become politically indepe

securing my son all right christina johns are doing films as mother talking to us on the line from queensland australia thanks very much indeed for your views. thank you very much anytime. car stokley the artist and wiki leaks activist as asylum after door is the best chance for silence to continue his work in making revelations about the u.s. . we're not so worried about him going to sweden actually. that's just small business what we're most worried about is him getting extradited to the united states and it's being orchestrated by the department of justice and most of the mainstream media doesn't seem to know about it because no one is allowed in and this is been going on simultaneously as bradley manning's trial i would say it's a fifty fifty chance either it does or doesn't i pulling for it sounds like this is a very good option so that julian can continue to do the great work he has been doing for journalism ecuador would be a very good choice i think the likelihood of an extradition from ecuador is a lot less than it would be from sweden or the u.k. it sounds kind of virtual interview

a university of queensland graduate. >> good day, mate. >> good day. >> matthew was born in papua, new guinea. how would you like to have a fund that's in the top 1% over the past decade and the top 10% or so over the past year? you get that kind of performance, you got a winner there. let's talk a little bit about this idea that i think must be on your mind based on what you say of financial repression. the idea that investors can't make real returns in risk-free assets. >> it is a paradox today. there is no risk-free asset that offers a real return largely because in response to the fault lines that exist in the real economy we've resulted to monetary therapy to try to solve our problems but the problem with that is that for prudent long-term investor today, even out 0 a decade or beyond, you are looki locking in. and if the goal of investing is to grow your wealth in real terms, then it's a pa dox call situation. >> which is one of the reasons why you say money is corrupt, right? >> money has been corrupted and i think in an environment where money is corrupted you have to look for

some bad news for the queensland and northern territorial aerial service. better known as qantas? >> without the u. >>> we have highlighted in the market recent troubles. let's now try to find the positives. dow is on track for a positive session. a shot tomorrow at its first two-day win streak since the end of april. catch that. >>> also the s&p 500 going for a second straight day of gains. it is up about 2% for the year. >>> the nasdaq is also up for a second straight day. something it has not done in over a month. it is up more than 6% this year to date. >>> we continue to watch the shares of facebook down once again. also hitting a fresh post-ipo low. in fact, in just a few minutes' time we'll hear from shawn parker. who's he? the napster co-founder who's a big facebook friend. one of the early investors. his first comments since the ipo of facebook. you have to stick around for that. >>> first, courtney and rick on the markets. we've got some gains. they're not hitting it out of the park. you know what, we'll take what we can get, right? >> exactly. the volume's pretty low, t

bank p queensland the first retail bank to pass on the cut to consumers, reducing it variable mortgagee by 20 basis points. on wednesday here in australia, we're set to get gdp showing a rise of 0.5% quarter on quarter. back to you. >> and more with tim con do tdo. you thought the rba would stay on hold, so do you think the move was warranted? >> yes, i think the rba said it best. they have no inflation pressure. inflation problem is really from imported fuels. that's a trance story issue, not for them to worry about. domestic spending is weak and the international outlook is negative. and they had room to seize thp about this was excellent central banking. we share the view that the base rate will end the year. the rest of the economy, there isn't inflation fresh of pressure. we have a meeting at the bank of korea on friday, a candidate there to cut. >> also quite a close link with regard to the china slowdown. how do you see that panning out here for the remainder of this ye year. >> the situation in china is complicated. it's different in 2008 when it was clear what was going on. ex