There's been heavy falls on world markets overnight causing pain for investors in US oil major markets are deep in the red heading towards the end of day's trade. They have been sharpen falls in Europe but Anowas says there is no need for people to p...
Rio Tinto says its iron ore production rose in the last quarter of 2015. The big miner says output increased by 10% to just over 87 million tonnes in the December quarter. Shipments of iron ore rose 11% to around 340 million tonnes. Rio expects to in...
Our top stories this hour. The Tennis World has been rocked by allegations of match fixing which officials deny. A joint invesigation by the BBC and BuzzFeed News found a co-group of 16 players, all rating the top 50, are suspected of fixing matches...
Former Essendon coach James Hird insists he's never intended to cheat the system with the club supplements program. Last week the Court of Arbitration for Sport banned 34 past and present Essendon players for twelve months. In an exclusive television...
BHP Billition has made another big write-down on its shale assets in the United States because of plunging oil and gas prices. The resources company says it will take a 10.3 billion dollar impairment before tax on its US shale business. That's 7 bill...
Lets take a look at the satellite image. A trough is generating a band of rain over northeastern New South Wales and southeastern Queensland, gradually moving north. Risk onshore winds on the New South Wales coast are causing some showers. Another tr...
Leading the news this morning. The Australian government has upgraded its warnings for people travelling to Indonesia in the wake of yesterday's terror attacks. Islamic State militants have claimed responsibility for a gun and bomb assault in Jakarta...
Towns in Southwest WA are again under threat from a bushfire that's claimed two lives. Warnings for towns of Waroona and Cookernup have been upgraded from the advice to watch and act. The fire has already killed two men in their 70's and destroyed 18...
Now let us take a look at this morning's finance news. And industry election by S tugboat engineers will extend to ports in Brisban and Melborne today. The strikes, a part of pay dispute yesterday shut down ports in Sydney, New Castle, and *. Enginee...
World leaders and fellow musicians have pay tribute to David Bowie yesterday who died yesterday from cancer. Mermorial have sprunk up around the globe including Briston in south London where he was born. The German government has also thank Bowie for...
The top stories from ABC news. The owner of the racing yacht Wild Oats XI Bob Oatley has died. The 87 year old had been badly in illness in the leadup to the recent Sydney-to-Houbart Race. The yachtsman and winemakers bought Wild Oats XI won the Sdyn...
Markets were boosted after Chinese authorities abandoned their automatically market suspension mechanism, which shut down trade twice this week. Australian shares stemmed some of their falls in afternoon trade. The All Ordinaries Index fell about 1/3...
Taking a look at the satellite. And a high in the bite is keeping skies mostly clear over South Australia, Victoria and New South Wales, well sending cool winds and the odd shower over Tasmania. A series of troughs over Western Australia are causing...
There are reports this morning. The bushfire has destroyed multiple homes and local police station and a pub in the Western Australian town of Yarloo. Bushfire conditions have worsened in the past few hours. And an emergency warning remains in place...
Thanks, Paul. A bushfire is threatening lives and homes south of Perth in Western Australia. Warrona and Hamel around 100 kilometers south of Perth have been evacuated. An emergency warning is also in place for nearby Preston Beach. The fire was star...