Leading our news this morning, Treasurer Joe Hockey is urging Western Australia to reform its own economy amid the growing row of the carve up of the GST. Western Australia wants the biggest slice of GST revenue with its shares set to fall below 30 c
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Indonesia's attorney gneral has accused lawyers for Andrew Chang and Maryun Sukumaran of trying to buy time in their effort to save the men from execution. The Australian drug smugglers will now take their fight Indonesia's constitutional court after
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A series of trough served the east and causing some storms and showers in New South Wales and Queensland with the heaviest falls there in the usual sunshine states. A trough in the west is generating a few thundering showers over northwestern WUA whi
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The accused Boston bombers were also planning to target New York. The surviving suspect has told investigators he and his brother intended to set off their remaining explosives in Times Square, but the plan fell apart when their car ran out of petrol
Australia's defence spending will be under the spotlight today as the government prepares for a very difficult federal budget. The release of the defence white paper is expected to lay the ground work for further delays. But the Defence Minister Step
An Australian man has gone on trial for terrorism related offences in Saudi Arabia. Twenty-five year old Shayden Jamil Thorne was jailed almost a year and a half, four year and a half. His brother Junaid is in hiding after Saudi authorities confiscat
The chairman of Woodside Petroleum and the National Australia Bank Michael Chaney says that both sides of politics need to rein in their spending commitments. He is warning that Australia risks becoming like Europe's debt-laden countries. The problem
The federal government could introduce a medicare-style levy to fund its national disability insurance scheme. The prime minister had previously ruled out a levy, but the ABC understands this is back on the table. Julia Gillard has foreshadowed tax i
The Federal Government's revenues are continuing to fall. The prime minister will review their 12-billion-dollar revenue shortfall in a speech later today. Now despite the financial hit, the prime minister will push ahead with her education reforms a
Let's check business. To finance news.When the markets in Europe closed a couple of hours ago, London's FTSE was down 16 points there, as you can see. The Dax in Germany followed suit. And across the Atlantic,ah..... mixed end to the week. The Dow fi
A trough over northern WA is triggering showers and storms, while the high is keeping much of the southeast clear and dry. The high is directing moist onshore winds and isolated showers into eastern Queensland. And an approaching cold front is causin
The spirit of the Anzacs is being commemorated of right around the country this morning on the 98th anniversary of the landings at Gallipoli. The first of a series of dawn services has taken place at the cenotaph in Sydney, services have also been he
And the latest inflation figures are due out this morning. Economists are tipping a rise of 0.7% in the first three months of the year. Now that will take the annual CPI to 2.8%. Apple's quarterly profit has fallen for the first time in almost ten ye
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