THE cost of general insurance is set to jump as insurers move to protect their profits by passing on the higher price of reinsurance to customers.

As this year's spate of natural disasters forces up reinsurance costs, analysts are forecasting the extra costs could translate into personal and general insurance increases of up to 5 per cent, The Australian reports.

In New Zealand, which has been devastated by recurring earthquakes and aftershocks in Christchurch, reinsurance costs are expected to increase by 100 per cent while local reinsurance costs could rise as much as 70 per cent.

Former Opposition Leader Malcolm Turnbull has accused the man who replaced him as leader, Tony Abbott, of changing his position twice on climate change.

Mr Turnbull says Mr Abbott moved from supporting a carbon tax, to supporting a market-based emissions trading scheme and then opposing both policies outright.

And he says having done that, Mr Abbott resigned from shadow cabinet in 2009 to challenge him for the leadership.

But he says he has given Mr Abbott "consistency and loyalty" that he, himself, did not enjoy as leader.

Tony Abbott has vowed to fight Labor's carbon tax to his "last breath". But as he takes his campaign on the road, facts are taking the wind out of some of his arguments.

On Monday, touring a Peabody-owned coalmine in the Hunter Valley, he insisted that the Gillard government should apologise for the tax that would "badly damage" the future of coalmining in Australia and "discourage investment" in it.

Just hours later Peabody Energy and ArcelorMittal launched the biggest-yet takeover offer for an Australian coalmine with a $4.7 billion bid for Macarthur Coal. Yesterday share prices rose for most Australian coalminers.

HOUSTON, Oct. 22, 2007 – Wearing a portable instrument to monitor metabolism in the fight against obesity and its related health consequences may be on the horizon thanks to collaborative research being performed at the University of Houston and The Methodist Hospital.

LONDON — Shortly after Scotland Yard began its initial criminal inquiry of phone hacking by The News of the World in 2006, five senior police investigators discovered that their own mobile phone messages had been targeted by the tabloid and had most likely been listened to.

Mr Abbott declined to detail how he would pay for the tax cut and pension increases without the money stream from a carbon price.

"In good time, before the next election, we will announce our fiscal position and we will pay for tax cuts out of spending reductions," he said.

"The thing is, a tax cut that is paid for by tax increase, it is not a cut. It is a con. These are mirage tax cuts."

Treasurer Wayne Swan attacked Mr Abbott's tax cut promise, saying he did not have any way to fund it and claiming the Coalition's "direct action" climate policy would cost households $720 per year.

Ian Widdup has the bluntness of the terminally ill. He is counting the cost of his days as a money-launderer: ''I've been punished for my sins in quite a profound way. I'm poor. My wife left me. And my health has left me.''

He has leukaemia, and doctors told him he should expect to die in the first half of this year. Which means he should be dead, not sipping a Dubonnet in the lounge of the Westin Hotel in Martin Place. ''I fertilised corruption for a decade and a half,'' he told me, ''and I sincerely regret that.''

James Murdoch and News Corp could face corporate legal battles on both sides of the Atlantic that involve criminal charges, fines and forfeiture of assets as the escalating phone-hacking scandal risks damaging his chances of taking control of Rupert Murdoch's US-based media empire.

The Tory commentariat has been frothing all week at the thought of the Greens controlling the balance of power in the Senate. The voters have made a frightful mistake in allowing this state of affairs, apparently.

There's particular angst over the new NSW Greens senator, Lee Rhiannon, whose parents, Bill and Freda Brown, were card-carrying members of the Communist Party of Australia yonks ago. She, therefore, must also be a Red.

In a reversal of Don Chipp's famous pledge that the Australian Democrats would "keep the bastards honest", Bob Brown and the Greens have decided to "keep the bastards dishonest", complicit as they are in the Prime Minister's clear breach of a commitment to the Australian people to not introduce a carbon tax.

In fact Julia Gillard has sought to lay the blame for her brazen broken election promise squarely at the feet of the Greens.

Like the Democrats, the Greens now hold the balance of power in the Senate.

Unlike the Democrats, the Greens have no respect for an electoral mandate.

Near Ningaloo Reef (picture by Gus)

The value of world heritage-listing status is being questioned after Shell was given the green light to explore for gas near Western Australia's Ningaloo Reef.

The Federal Government says the giant petrochemical company will be allowed to drill for gas 50 kilometres from the Ningaloo Marine Park boundary.

Shell says its operation will be focused on gas, not oil, and will be located away from the reef itself.

More than 6,000 square kilometres of coastal Ningaloo were listed by the United Nations late last month, and environmentalists claim the drilling plans could threaten the protected area.

Risk-taking and line-skirting have always been just one more cost of doing business for Rupert Murdoch.