To finance. And the big four banks around the pressure to pass on the latest interest rate cut on in full. The chairman of LJ Hooker Great Palmer says a new housing starts are in the ** and a right cut will help us store confidence.The market general...
Leading the news this morning, the former Reserve Bank governor Bernie Fraser has backed course for a interest rate cut of a half of one percent today, business groups and some analysts have also called for a cut 50 basis points. A 26-year-old man ha...
The Federal Opposition is calling for a fresh election after the Prime Minister suspended the backbench MP Craig Thomson from the Labor Party. The move is aimed at restoring confidence in the Parliament. Mr Thomson is moving to the crossbenchers, but...
Time for the business news, and when the markets in Europe closed a couple of hours ago, London's FTSE was up 28 points, the DAX up 61 points, and the Euro Stoxx up 13. In the US, trading closed higher. The Dow was up 24, SP 500 also finishing the we...
A cold front is set to move the cross of southeast during Saturday, and this massive cloud is going to trigger some moderate to heavy falls of rain, anywhere south of about Rockhampton in Queensland, but anywhere else, the high pressure system is the...
The chairman of News Corporation Rupert Murdoch has blamed unnamed individuals at the News of the World tabloid for covering up phone hacking. He also says he panicked when he heard of the Milly Dowler phone-hacking case and should have closed down t...
Rupert Murdoch has down played his political influence. The news corporation boss told British inquiry into media risk said he has never asked any prime ministers for favors. Mr. Murdoch quotes being questioned about his relationship with former Brit...
A benign inflation reading has most economists now expecting the Reserve Bank will cut the cash rate by 50 basis points by the middle of this year. Inflation rose just 0.1 per cent for the March quarter, and the annual rate is now well below the Rese...
John Howard's former chief of staff Tony Nutt says he didn't follow up sexual harassment against Peter Slipper in 2003, because he was told the relationship was consensual. Mr. Slipper is facing froid and sexual harass allegations and he of course ha...
Leading the news this morning, Peter Slipper's decision to step aside as speaker has once again left the numbers on a knife edge as he used to mention the separate facing allegations of fraud and sexual harassment, he is denying the claim and says he...
A German court has ruled that the online video showing Website Youtube should do more to protect the copyright of musicians and publishers. In a case brought by the German Copyrights Organization Gema the court rejected Youtube's argument that it has...
A trough is lingering near the New South Wales coast,a low influencing the weather over Victoria and Tasmania,a trough is stretching through south Australia and western Australia. In Queensland,isolated showers about the northeast with thunderstorms...
The federal government will unveil its overhaul of the aged care system today.Wealthier Australians will be required to contribute more to the cost of their care but they will be given more flexibility with how they pay.There will also be a more mone...
Leading the news this morning.The Pentagon is investigating photoes published in an American newspaper showing US soldiers posing with dead Afghan Suicide bombers.Australian defence minister Steven Smith has added his voice to a course of condemnatio...
International Fund has suddently upgraded its grow forecast for the global economy.It's now predicating 3.5% this year,up 0.25% on its earlier forecast. Its predication for Australia is in line with the government projection of 3% growth this year.Bu...
