Israeli military kills 462 people in Lebanon as cross border attacks intensify; Foreign Minister Penny Wong calls for a new declaration on the protection of humanitarian personnel; And in sport, Patrick Cripps eyes AFL premiership after record-breaking Brownlow win.

UN Security Council to meet on Lebanon, as Israel and Hezbollah continue attacks on each other; inflation predicted to come down, but not enough to lower interest rates just yet; and, in cricket, Australia is beaten by England in the third men's one day international.