Attorney-General Robert McClelland agreed the case had been riddled with mistakes from the top down, he said the Government had no plans to apologise - and admitted not a single head would role over the affair.

Releasing the report today, Mr McClelland said mistakes had been made from the highest level down to the investigating officers but the Government would not go "on a witchhunt".

With bad news pouring in from retailers and exporters, American economists are scrambling to lower their forecasts for growth in the world's largest economy. 

Winter storms across the country appear to have dealt a final blow to retail sales as cash-strapped consumers stay home, and the US economy is now expected to post its worst performance in at least 27 years – and possibly since the Fifties. 

Prime Minister Kevin Rudd has urged Australians to quickly spend money they receive as part of the Government's economic stimulus package.

From tomorrow, families, pensioners and some low income earners will start receiving payments as part of the Government's $10.4 billion package designed to keep the economy out of recession.

Mr Rudd says by spending the money quickly, everyone can help to avoid a rise in unemployment.

Prime Minister Kevin Rudd has temporarily put aside hostilities on the final scheduled parliamentary sitting day to wish the Opposition a Merry Christmas.

Mr Rudd has used a parliamentary speech to thank all parliamentary staff and his Labor colleagues for their efforts during the Government's first year in office.

In the much praised career of Eric H. Holder Jr., President-elect Barack Obama’s choice to be attorney general, there is one notable blemish: Mr. Holder’s complicated role in the 2001 pardon of Marc Rich, a billionaire financier who had fled the country rather than face federal tax evasion charges.