Woodside has lost $1.5 billion in value after announcing a cost blowout on one of its LNG projects. The company has revealed its Pluto project in WA's northwest is over budget by almost $1 billion. It was due to start production in December, but that...
The Federal Governments asylum-seeker deal with Malaysia will be challenged in the High Court. Refugee advocates have lodged papers on behalf of a Kurdish woman and her son who arrived by boat after the deal was announced. The womans husband has alre...
Nearly 2,000 people have been evacuated from their homes, and hundreds more are now isolated by floodwaters on the New South Wales Mid North Coast. The Manning River east of Taree has peaked higher than expected overnight. And the SES says that sligh...
Federal Health Minister Nicola Roxon has been caught out asking a tobacco company for political donations six years ago. The ABC has obtained letters that Ms Roxon wrote to Philip Morris executives back in 2005, inviting them to a $1,500-a-table fund...
New Zealand's government says yesterday's powerful aftershocks in Christchurch won't set back the city's recovery. About a dozen more aftershocks shook Christchurch overnight. About 20,000 homes are still without power and water has been restored to...
Virgin will resume limited services from Melbourne, Tasmania and New Zealand in about half an hours time with Qantas is expected to recommence its flights from 10:00 this morning. Jetstar also hopes to get some of its planes back in the air this morn...
Checking the way now and developing ? more ? for Lisbon shares in club for both Sydney and Melbourne like low cloud and ice light to chalice over ? called suddenly winds for Holbert and sunshine for Perth and Darwin.Looking around the states now and...
The Federal Government has released its draft legislation for the minerals resource rent tax. The tax rate remains at 22.5 per cent and is restricted to coal and iron ore. Mining companies and other parties have about a month to respond before the fi...
Foreign Minister Kevin Rudd has recognised Libyas rebel council as the countrys legitimate government. More than 20 foreign ministers are meeting in the United Arab Emirates capital Abu Dhabi to discuss the future of Libya. Theyve all pledged an extr...
The future of up to 20,000 head of cattle in transit and in holding yards remains uncertain after yesterday's decision to ban live exports. Federal Government backbenchers are also calling for a review into live exports to the Middle East. Meanwhile,...
(The) Federal Government is suspending all live cattle exports to Indonesia. Now the Government had already slapped a ban on 12 Indonesian abattoirs after a Four Corners report revealed horrific examples of torture and cruelty. The Government has bee...
A 23-year-old Australian soldier has been killed in Afghanistan's Helmand province. The Chief of the Defence Force Angus Houston confirmed the death this morning. He says the combat engineer who was shot by insurgents was a superb young man. It's the...
Former head of the International Monetary Fund Dominique Strauss-Kahn has faced court in New York and hes pleaded not guilty to sex assault charges. Strauss-Kahn was heckled by a group of hotel workers as he arrived at the court. They were chanting s...
First to the satellite image. Further massive cloud across Western Australia is in a deepening trough that's causing rain from the state's northwest all the way down towards the southeast. We'll see some heavy rain along the Pilbara coast. Cloud is a...
Unions have criticised Fair Work Australia's decision to increase the minimum wage by 3.4 per cent. The nation's lowest-paid workers have been given a boost of $19.40 a week. The Australian Council of Trade Unions says the increase isn't enough to ke...