jQuery newbie needs help with plugin conflict issue

jQuery newbie needs help with plugin conflict issue

I'm using a few jQuery plugins on a WordPress site and I seem to be getting some kind of conflict - see the red box in the featured post slider. View it here: http://ninesixty.co.nz/stellascapes/

I have no idea why this is happening but hopefully I can just tweak the plugin files a bit to fix the issue. Any help would be really appreciated.