A serious cold front is going cross the southeast and parts of the continent. Now it's going to bring widespread rainfall but nothing in the way overly heavy falls apart from the north and also western parts of Tasmania. But we will see strong and gu...
Bank customers are likely to be the one who pay for the Federal Governments planned deposits levy. The government says the money is needed to guarantee deposits in the event of a bank collapse. The levy will be imposed on deposits of up to 250,000 do...
The Federal Government is slugging smokers to help pay for its policies. Its putting up the tobacco excise by 12.5% a year over the next four years. The move will raise more than five billion dollars. Labor is moving quickly to try to minimize the da...
Raising the GST and reducing company tax are part of a pre-election blueprint for economic growth being proposed by business leaders. The Business Council of Australia has put forward an ambitious nine point plan. It says the economy is at a crossroa...
Police are investigating two fatal shootings in Sydney overnight. A 19 year old man was shot several times in Bexley in the citys south. He died on arrival at hospital. In Sydneys inner southwest, another man suffered several gunshot wounds at Earlwo...
Federal cabinet is meeting today to put the finishing touches to another round of spending cuts. The treasurer Chris Bowen is expected to hand out a new economic statement this week in the face of falling revenues. In Egypt, supporters of ousted Pres...
And when the markets in Europe closed a couple of hours ago, Londons FTSE 100 was down. The Dax was also lower, while the Euro Stoxx closed a little bit higher. In the US, the Dow Jones closed up. The SP 500 and the Nasdaq were also up slightly. And...
Lets take a look at the satellite. A cold front crossing Southern WA is bringing damaging wind, showers and the odd storm. A trough a head of the cold front is generating areas of light rain over South Australia. Looking around the country, Queenslan...
video footage emerged the moment when a train derailed in spain as it came around being, at least 80 died in the crash and more than 170 were injured. two investigation are underway. media report speed may have been a factor. the defence association...
The Coalition is at the centre of a diplomatic row with Papua New Guinea over the latest asylum seeker deal. PNGs Prime Minister Peter ONeil denies that he told the Opposition that hell be given control over Australias aid money to his country as par...
The share market is edging up in early trade after a relatively flat finish on Wall Street. Right now, the ASX 200 is a quarter of a per cent higher. Taking a looking, overnight in the US, weaker than expected existing home sales and disappointing ea...
The Duchess of Cambridge is in the early stages of labour in London's St Mary Hospital. Kensington Palace announced that the Duchess is now in the Lindo Wing where her husband was born 41 years ago. The first sight of the baby's birth is expected to...
Asylum seekers sent to Papua New Guinea who are refused refugee status could remain locked up indefinitely. PNG is refusing to resettle them. The Immigration Minister Tony Burke says they'll stay in detention if they can't be sent home or resettled i...
And when the markets in Europe closed a couple of hours ago, London's FTSE 100 was down. The Dax and Euro were also down. In the US, trading comes to a close shortly and the Dow Jones is down five points, while the SP 500 is down three.The Australian...
A trough is bringing storms to Queensland and northeast New South Wales. A low and cold front are bringing showers and highland snowfall to New South Wales, Victoria, South Australia and Tasmania. Onshore winds are bringing isolated showers to southe...