Better than expected employment figures are raising hopes for a sustained economic recovery in the US. The labor market dramatically improved in November as the number of jobs loss narrowed to 11,000. When you think about how this year began, even be...
New South Wales first female Premier Kristina Keneally will be sworn in today after Nathan Rees was ousted in a leadership ballot last night. Ms Keneally will spend her first day in the top job trying to unite a party divided by factional disputes. S...
Speculation is growing that New South Wales Premier Nathan Rees could be ousted from the top job today. Anti-Rees forces in the party are due to call a special meeting to mount a leadership challenge. Frank Sartor is expected to nominate for the posi...
The Coalition is poised to vote down the government's proposed emissions trading scheme in the Senate. It's expected most Coalition senators will oppose the bills in line with the wishes of their new leader, Tony Abbott. Some Liberals are contemplati...
The Federal Liberal Party will this morning decide whether to force Malcolm Turnbull out of the leadership amid increasingly bitter divisions over climate change policy. The leadership ballot would be a three-way contest between Malcolm Turnbull, Ton...
The Federal Government is adamant its emissions trading scheme should pass Parliament today. But a large rump of Opposition senators is determined to delay the vote, to allow the election of a new leader and a new policy direction on climate change....
Hello, Jessica Askin with the National Weather. Cloud over the Top End and Queensland in a trough is triggering isolated showers and storms, mainly in the tropics though. Thick cloud over southern New South Wales, Victoria and Tasmania is causing sho...
US stocks have dropped on concerns that Dubai's debt crisis could stall the global economic recovery from recession. The government-owned Dubai World has around 60 billion US dollars worth of debt. Its asked creditors if it can postpone repayment unt...
Malcolm Turnbull's Liberal leadership is in disarray after a mass exodus of MPs from frontbench and whip positions. Their rebellion is expected to cost Mr. Turnbull the leadership at a meeting on Monday. Joe Hockey is understood to be a candidate, bu...
Australian photo journalist Nigel Brennan has been released by kidnappers in Somalia. After being held for 15 months, he and a Canadian colleague say they cant believe theyre free. Theyre now in a hotel in Mogadishu and are reported to be in good hea...
Malcolm Turnbull has reaffirmed his position as Opposition Leader in the wake of yesterday's gruelling party room meeting. Mr. Turnbull says his party agrees with him on doing a deal with the government on the emissions trading scheme. But some Liber...
The Rudd Government's emissions trading scheme is before Cabinet. It's due to sign off on the deal this morning before going to the shadow ministry. It's also expected to approve the plan, but 17 senators say they won't vote for it. Carbon is not a p...
Cooler weather forecast for this week is expected to help bring blazes across New South Wales under control. About a hundred fires are burning with residents in the central west townships of Kandos and Rylstone still on alert. But the weather bureau...
Taking a look at the satellite picture first and you can see cloud streaming across the south and east. Thats generating areas of rain and storms. Ragged cloud over the northern tropic is bringing a little light rain. Cloud sweeping over the southern...
Stocks in Europe have dropped for 4th consecutive day, marking the longest losing streak in four months. The Euro stock dipped almost 1%, the share markets slumped after the European Central Bank announced it would withdraw some emergency cash. The P...
