Australia's defence spending will be under the spotlight today as the government prepares for a very difficult federal budget. The release of the defence white paper is expected to lay the ground work for further delays. But the Defence Minister Step...
An Australian man has gone on trial for terrorism related offences in Saudi Arabia. Twenty-five year old Shayden Jamil Thorne was jailed almost a year and a half, four year and a half. His brother Junaid is in hiding after Saudi authorities confiscat...
The chairman of Woodside Petroleum and the National Australia Bank Michael Chaney says that both sides of politics need to rein in their spending commitments. He is warning that Australia risks becoming like Europe's debt-laden countries. The problem...
The federal government could introduce a medicare-style levy to fund its national disability insurance scheme. The prime minister had previously ruled out a levy, but the ABC understands this is back on the table. Julia Gillard has foreshadowed tax i...
The Federal Government's revenues are continuing to fall. The prime minister will review their 12-billion-dollar revenue shortfall in a speech later today. Now despite the financial hit, the prime minister will push ahead with her education reforms a...
Let's check business. To finance news.When the markets in Europe closed a couple of hours ago, London's FTSE was down 16 points there, as you can see. The Dax in Germany followed suit. And across the Atlantic,ah..... mixed end to the week. The Dow fi...
A trough over northern WA is triggering showers and storms, while the high is keeping much of the southeast clear and dry. The high is directing moist onshore winds and isolated showers into eastern Queensland. And an approaching cold front is causin...
The accused Boston bombers were also planning to target New York. The surviving suspect has told investigators he and his brother intended to set off their remaining explosives in Times Square, but the plan fell apart when their car ran out of petrol...
The spirit of the Anzacs is being commemorated of right around the country this morning on the 98th anniversary of the landings at Gallipoli. The first of a series of dawn services has taken place at the cenotaph in Sydney, services have also been he...
And the latest inflation figures are due out this morning. Economists are tipping a rise of 0.7% in the first three months of the year. Now that will take the annual CPI to 2.8%. Apple's quarterly profit has fallen for the first time in almost ten ye...
Canadian authorities say they've thwarted a major terrorist plot to blow up a railway line bewteen Canada and the United States. Police say they've charged two people in connection to the alleged plot as raids were carried out in Toronto and Montreal...
If a low pressure trough is triggering rain across parts of Victoria and NSW, it will cause of thunderstorms over areas of the interior as well. A cold front will bring a cool change to the southeast and another is clipping western Australia's southw...
Old age pensioners across Greece have flooded into Athens in protest over pension cuts. The protesters say they've been reduced to poverty by the cuts which were up to 15%. They've also been hit by new taxes on their homes and pharmaceuticals. Athens...
Let's take a look at the sideline, a low new the New Wouth Wales coast is causing rain and a gale force wind, while the trofe over central Queensland is generating some showers,a low front over Western Australia is produing showers and some storms,co...
The FBI has released photographs of two suspects wanted over the twin bombings in Boston. They say one of the men was seen setting down a backpack at the site of the second explosion.They are appealing for public help to identify the two men. Earlier...
