And when the markets in Europe closed a couple of hours ago, Londons FTSE 100 was down 28 points. The Dax and Euro were also down. In the US, trading comes to a close shortly. The Dow Jones is down. The SP 500 is down by seven points. And the Austral
An inland trough is bringing showers to Eastern New South Wales and southeastern Queensland while a high is directing onshore winds and the odd shower over southwest WA and coast of Victoria and South Australia. Looking around the country, for Queens
The European Central Bank says it doesn't intend to follow the US Federal Reserve's lead and ease its stimulus measures any time soon. It says inflation is low, but unemployment remains high. However, it's still predicting a recovery later in the yea
An Indonesian people smuggler has been caught on camera admiitting he was involved in a fatal boat voyage. The boat carring more than 200 people sank in June last year killing up to 96 asylum sinkers. In the video obtained by the ABC, he boasts about
Nelson Mandela's health has deteriorated. The former South African president is now in a critical condition. His condition had previously been described as serious, but stable. Mr Mandela has been in hospital for more than a fortnight, suffering from
Lets check business and finance news. Europe's markets have taken a dive after news that Greece's fragile coalition government is again hanging by a thread. A junior party decided to pull its two ministers from cabinet after falling-out over the unpo
A cloud band is generating patchy rain in Northern Queensland. A trough near the New South Wales and Queensland coast is causing isolated showers, while a high pressure ridge is keeping skies clear across central Australia. Looking around the country
It's the Federal Government moving asylum seeker families off Manus island.Several family groups have already gone and more are expected to leave in coming days. The ABC understands no more families will be sent there until a permanent facility is bu
Prime minister Julie Gillard will travel to Indonesia next month for annual talks with president Susilo Bambang Yudhoyono .The visit will give the PM opportunity to discuss ways to stem the flow of asylum seeker boats before September's election .The
Prime Minister Kevin Rudd could announce his new cabinet as early as today as he prepares to revisit key policies. Former minister Simon Crane and Kim Carr are both tipped to make a comeback. The new cabinet meets next week and is expected to discuss
Kevin Rudd is poised to revamp Labour's asylum seeker policy. The prime minister has said he's looking to tighten refugee processing rules. And he's flight to ever seek the changes to the refugee convention. The Australian Navy has rescued another 12
The OECD has painted a bleak picture for unemployment in the Eurozone. The yearly outlook says young workers will continue to suffer from high unemployment rates. It also says older workers are facing financial pressures and are being denied access t
Prime Minister Kevin Rudd is preparing to announce budget savings to pay for his changes to carbon pricing. The government's early move to an emissions trading scheme will cost the budget several billion dollars. Mr Rudd says savings will have to be
England has got an wonup in the Ashes test series at Trent Bridge.Australia lost the first test by just 14 runs. The homesides seal the win with a not out inning. Brad Haddin was overturned on referral. James Anderson picked up five wickets for Engla
And when the market closed a couple of hours ago, Londons FTSE 100 was up two points. The Dax was also up while the Euro was down. In the US, trading comes to a close shortly, and the Dow Jones is up. The SP 500 is also up. And the Australian dollar
Let's take a look at the satellite. Low pressure system is tracking east across the country bringing heavy rain and gusty winds to South Australia, western Victoria and later Southern New South Wales. Onshore winds are maintaining showers on the Quee
Ashton Agar indeed has made a record-breaking debut in the first Ashes Tests. The 19-year-old scored 98 runs against England.That's the highest total for No.11 batsman in test history. His record-making tense wicket partnership with Phil Hughes helps
The top stories on ABC News.The Opposition is accusing Kevin Rudd of playing politics over his call for the recognition of indigenous Australians in the constitution. On the 50th anniversary of the major land rise petition, the prime minister says he
-Leading the news morning. Prime Minister Kelvin Rudd wants to give Labor party members an equal say on who should be lead up.A special Caucus meeting will be held in a fortnight to consider the radical plan.Mr. Rudd says the change will reduce the p
Andy Murray has become the first British man to win at Wimbledon in more than 75 years. It took the Scotsman just over three hours to defeat world number one Novak Djokovic in straight sets. The historic win has sparked celebrations across the countr
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