And.when the markets in Europe closed a couple of hours ago, London's FTSE 100 was down 46 points.The DAX and Euro were also down. In the US, trading comes to a close shortly and the Dow Jones is up and the SP 500 is also up. The Australian dollar is
Strong, cold fronts are moving over Tasmania and Bass Strait, bringing snow to low-lying areas. A westerly airstream is dumping showers on inland parts of South Australia, southern Victoria and the southern ranges of New South Wales. In Queensland, f
Egypt remains deeply divided. The country's Top Judge has been sworn in to replace ousted President Mohamed Morsi. Mr Morsi remains under house arrest and the army is rounding up hundreds of his supporters. Prime Minister Kevin Rudd has apologised fo
To finance,Australia's been warned not to be over-commit on the mortgage just because interest rate at record lows. Many economists believe the reserve bank will cut rates again before the end of the year.But Angie Zigmane from BIS Sharpnel says it's
Indonesia has come to Australia's aid to try to stem the flood of asylum-seeker boats to Australia. It's restricting the entry of Iranians to the country in response to a direct request by Kevin Rudd. The prime minister is said to unveil his revamp t
Rio Tinto says its iron ore expansion plans are on track. The company has exceeded its expectations with a record annual production rate of 253 million tons. It's set an ambitious target to churn out 360 million tons a year in the Pilbara. Iron ore p
When the markets in Europe closed a couple of hours ago, London's FTSE 100 was up 20 points. The Dax and the Euro were also up. In the US, trading comes to a close shortly and the Dow Jones is up 6 points, while the SP 500 is down 3 points. And the A
Fire fighters in New South Wales are battling a large out-of-control blaze in the Warrumbungle National Park in the state's north. Several buildings at the Siding Spring Observatory and at least six properties west of Coonabarabran have been destroye
New South Wales firefighters are throwing everything they've got, the large bushfire is still burning out of control in the state's northwest. The fire is just one kilometers from the township of Bugaldie near Coonabarabran. It's already destroyed 33
U.S president Barack Obama has launched a new offensive on America's gun culture, with packages of strict control, he is calling for bans on assault weapons and high capacity ammunition magazines. And he wants broader background checks on gun custome
A key independent has told labor it is time to end the leadership speculation, once and for all. Tony Windsor says labor risks losing his support if it doesn't settle the issue. Meanwhile the foreign minister Bob Carl has strongly dismissed reports t
The country's big media players will spell out their views on the government's planned media reforms at a Senate inquiry today. The government is struggling to get the numbers to pass the changes. Independent MP Rob Oakeshott they are unlikely to get
Boeing says commercial flights of its grounded 787 jets could resume within weeks following a battery fire on a Dreamliner parked in Boston and a malfunctioning battery that led to an emergency landing of another 787 in Japan. Boeing executives say t
Take a look at the satellite, and a cold front is sweeping across Tasmania and Victoria, bringing strong and gusty southwesterly winds and showers. The trough in the west is generating showers and thunderstorms in Western Australia and the Northern T
The prime minister is being accused of fudging the numbers to justify her crackdown on temporary visas for foreign workers. Two members of the government's advisory panel on skilled migration have questioned the prime minister's claim that the number
And the powerful lobby group Manufacture Australia has chosen controversial former underwear Queen Sue Morphett as its new chairwoman. And she resigned last year as the Chief Executive of Pacific Brands where she axed 1,800 jobs and moved production
A bounce in the polls is offering a glimmer of hope for federal labor. Julia Gillard has regained her leader over Tony Abott as preferred prime minister. And labor's primary vote is up three points to 34%. Labor's poor result in the West Australia el
Federal MPs return to Canberra this week amid fresh speculation about the leadership. It follows Labor's dismal state election result in the west. Liberal Premier Colin Barnett's victory was bigger than expected, prompting fears of a Labor wipe-out i
And in Europe, it ended the week higher with London's FTSE up 44 points there. The Dax also having a positive day. And across the Atlantic, as trade has ended on Wall Street, the Dow finishing up 68 points. So a positive day all around globally. And
A trough is generating showers over SA and Tasmania, tropical cyclone Sandra is moving east, away from the Queensland coast. And a monsoonal trough is causing storms in parts of the Northern Territory and Western Australia. Looking around the states.
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