Firefighters in Western Australia are continuing to battle a blaze south of Perth that's been burning for more than 30 hours. The fire has been contained, but there is still a possible threat to lives and property around Karnup and South Baldivis. More than 250 firefighters battle the blaze.

 

Victoria's new Coalition Government will be sworn in today. And only one candidate is offering to take over the Labor leadership. The outgoing Health Minister Daniel Andrews nominated for the position yesterday. Former Labor ministers Rob Hulls, Tim Holding and Jacinta Allan are possible contenders for the deputy leadership.

 

Small lenders are urging the Federal Government to help them compete with the big four banks with the Treasurer due to announce banking reforms this month. Fairfax Media is reporting the Government's considering their request to bring back its wholesale funding guarantee. Now the move would help credit unions, building societies and mid-tier banks compete with the big four banks.

 

And eight men have been frozen to death in Poland as Europe continues to experience freezing conditions. Heavy snow and sub-zero temperatures in western Europe have closed at least four airports. Temperatures fell to around minus 20 degrees Celsius across much of Poland.