We've got some further cloudy and cool conditions across many parts of southern Austraila, but by the time and move up into New South Wales, South Australia and southern Queensland. It's clear skies and easing winds going to produce fairly widespread...
Tony Abbott has delivered an election pitch to voters, promising to ease the pressure on the cost of living. The Opposition Leader says if he becomes prime minister, hell scrap the carbon tax, but not its compensation payments. He paid for that by de...
Opposition leader will Tony Abbott wil respond to labor's decision to axe the baby bonus in his budget reply speech tonight. Scrapping the five thousand-dollar payment is all part of a raft of savings which the coalition is unlikely to oppose. Mr.Abb...
Business groups have cast doubt on the federal governments ability to return the budget to surplus. They say the budget does nothing to inspire business confidence. The Chief Executive of the Business Council of Australia Jennifer Westcott is critica...
Wayne Swan will set out a ten-year plan to pay for disability care and school funding increases in tonight's budget. The treasurer's sixth budget will reveal a decifit, but he is promising to outline a path back to surplus. Mr.Swan says there'll be s...
Federal politicians due return to Canberra today as the Treasurer Wayne Swan prepares to hand down his sixth budget. He has considered it's going to be very uncomfortable to go back on his promise of a budget surplus. Instead, a 17-billion-dollar rev...
And when the markets in Europe closed a couple of hours ago, Londons FTSE 100 was up. The Dax and Euro were also up. In the US, trading comes to a close shortly and the Dow Jones is up 36 points, while the SP 500 is up seven. And the Australian dolla...
A front is triggering showers and thunderstorms over Western Australia's interior. These trough is also causing isolated showers in South Australia's southwest, while steering warm northerlies into the nation's southeast. A high is directing showery...
An air-and-sea search continues for two passengers who've gone overboard from a cruise liner. Thirty-year-old Paul Rossington and 27-year-old Kristen Schroder were reported missing yesterday when the Carnival Spirit docked in Sydney. Police say they...
Ohio police have charged one man Ariel Castro over the kidnappings of three Cleveland women a decade ago. He's been charged with rape and kidnap, but they say there is not enough evidence to press charges against his two brothers. Ten years after the...
The offial interest rate is now at a record low of 2.75%. It's the Reserve Bank's first cut to interest rate since December last year. The RBA board says the domestic economy continues to struggle with the high Australian dollar. The bank has also le...
The federal government's budget hole appears to be getting deeper, the Australian financial review is reporting the government revenues to this financial year are set to fall by 17 billion dollars, now that shortfall is likely to rise to more than 20...
Syria has condemned Israel for a series of airstrikes in Damascus. It says Israel has opened the door to all possibilities and has made the situation in the region more dangerous. Israel won't officially confirm the strikes. The Arab League is callin...
When markets in Europe closed a couple of hours ago, London's FTSE was up around 1%. And theDax in Germany,also doing very well at the end of the trading week, up 161points. And across the Atlantic, in the US, also finishing very positively. TheDow u...
A trough and a cold front are bringing strong winds to southeast and driving showers over Tasmania, Victoria and parts of NSW. A trough is triggering storms in WA, while a high pressure system is directing showers of the Queensland's north coast. Loo...
