The Reserve Bank governor Glenn Stevens has warned ultralow interest rates globally are putting retirement savings at risk. Speaking in New York, Mr. Stevens said record low interest rates are a big problem for savers, and that many stand to be disap...
Australia is preparing for the July second double dissolution poll. Prime Minister Malcolm Turnbull has the trigger now to dissolve both Houses of Parliament after the Senate again rejected the bill to re-establish the construction watchdog. Mr. Turn...
Now the Prime Minister Malcolm Turnbull returns to parliament this week with two polls putting his government equal or just behind Labor. A Fairfax Ipsos Poll has the government and Labor neck and neck while a newspoll has again put the Coalition 2 p...
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The lawyer for the Australian mother Sally Faulkner says the 60 Minutes paid her before she lodged that botched child recovery operation in Lebanon. But it remains unclear whether the 150,000 dollars directly funded the operation and whether the mone...
There is little hope this morning for an Australian mother and the 60 Minutes crew detained in Lebanon over a botched child recovery operation. It's been reviewed that Australia and Lebanon have formed higher level committee to try to resolve the mes...
The International Monetary fund predicts that the Australia's economic growth will remain 2.5% this year before strengthening to 3% next year. Now other reasons cited for Australia's muchly increased growth forecast is due to a lower Australian dolla...
An old man known as Queensland's Postcard bandit, Breden Abbott, is due to be released from jail this morning. But he will be immediately rearrested. The 53 year-old has served 18 years of a 25-year sentence for bank robberies and escaped committee d...
Detectives were saw today in Donar's street in Melbourne's North-east looking for witnesses to the death of a 15 month-old toddler. The girl's mother says she was snatched from her prime while walking in a ark on Saturday morning. Search volunteers f...
The Australian Share Market has ended weaker but well off its session Lows. Investors are worried about the strength of the globe economy. The sell-off banking and energy shares led the declines. by the close the All Ords lost half percent as did the...
Hello everyone. The high is gonna maintain fine dry cool weather over the middle of the continent but showers and storms are expected at east of tropland on both sides of the country. In Queensland just a slight chance of showers and thunderstorms ov...
Future of 8000 Australian steel workers around Australia hangs in the balance this morning as administrators of Arrium hold urgent talks with politicians. Arrium owns more than 4 billion dollars. The Opposition leader Bill Shorton says a nationalisti...
In the US New Orleans police have confirmed that two Australian students were shot and injured in what they described as a drug-deal-going-wrong. Police say a 21 year-old man and a 23 year-old man were shot in the chest and the stomach after have bee...
Australia's corporate regulator has accused WestPac of the multimillion dollar rigging of interest rate trading. Now, the Australian Securities and Investments Commission, known ASIC, has brought charges against WestPac for what it calls unconscionab...