And official figures show economic growth in the 17-nation eurozone has come to a virtual standstill. Eurozone economies grew by just 0.2 of one percent between July and September. Economists are predicting an even worse result in the final quarter.
A band of cloud across the central extending south across much of Victoria is bringing rain and storms across parts of Western Australia, South Australia, New South Wales and Victoria. Around the states. Queensland will be mostly dry in the north and
The survey by the National Australia Bank has found trading additions for small and medium-sized companies fell sharply in the September quarter. Confidence was down for those companies involved in transport, business services and healthcare. However
And the Dow Jones has had a pretty bad night, losing nearly 300 points, a fall of around 2.5 per cent. The NASDAQ dropped 77 points or down three per cent. And the SP 500 shed 29 and across in London the FTSE has closed 123 points weaker. Checking co
Wikileaks founder Julian Assange has lost his High Court battle against extradition to Sweden. Two judges at London's High Court have ruled he should now be sent to Sweden to face questions over rape and sexual assault allegations. His lawyers say he
The Greek Prime Minister George Papandreou says he's prepared to abandon a referendum on the eurozone's bailout deal. He's begun talks with the opposition to try to get agreement on the package. Mr Papandreou is trying to head off the collapse of his
The weather satellite image shows thick cloud spreading across WA and into South Australia along a broad trough is creating rain and thunderstorms. Cloud is stretching across Queensland and New South Wales along another trough bringing thundery showe
Checking business news, the G20 leaders meeting in Cannes have agreed to boost resources of the International Monetary Fund as we've heard. They say a firm growth plan should be in place by February. Much of the discussion at the summit focused on th
There has been another earthquake in Turkey. The 5.7 magnitude quake has hit the southeast of the country. State TV in Turkey is reporting 18 buildings have collapsed including two hotels. There is no word so far on any casualties. Now as you may kno
The weather satellite image shows cloud over West Australia, the Top End, Queensland and northern New South Wales along a broad tough generating showers and storms. High cloud over the south of the country is also bringing instability. Taking a look
It's that topic indeed--Labor leaders searching for a compromise on same-sex marriage ahead of the party's national conference which begins this morning. The National Right convener David Feeney says his faction has decided to vote as a bloc in a con
Police in Brisbane have detained a 36-year-old man wanted over the embezzlement of $16 million from Queensland Health. Joel Barlow was found overnight at an address in the inner Brisbane suburb of New Farm. He's being questioned by police at the mome
The competition regulator says there's a good chance Telstra's structural separation plan will be approved early next year. The plan will see Telstra split its wholesale and retail arms to the Australian Competition and Consumer Commission as part of
European Union leaders are preparing for a key summit in Brussels where theyll try to find a way to save the debt-wracked euro. The leaders of France and Germany have made dramatic appeals for support in their bid to fix the EU's debt crisis. The Fre
And the US Federal Reserve says it won't take any more steps to boost economic growth this year. It says the economy has grown moderately, but warns the unemployment rate remains high. It's left open the option to implement more measures next year if
Taking a look at the satellite image first. And area of low pressure is bringing rain, storms to southern Queensland, New South Wales and Victoria. Another low over the Northern Territory is triggering showers and storms. Now for a look around the st
US Treasury Secretary Timothy Geithner is urging European leaders to implement economic reforms at this week's EU summit. In a sign of just how bad the situation is in Europe, the ratings agency Standard Poor's has said it's reviewing almost every eu
Labor's left faction says it won't give up the fight against uranium exports to India. The ALP National Conference yesterday endorsed the plan to try to lift the ban on selling uranium to India. Julia Gillard says securing the agreement will boost tr
And there was more sobering economic news out of Europe overnight. Britain's Office of (口误,应为for) Budget Responsibility said the British economy will grow by less than one per cent this year. Now it predicts the growth will be just 0.7 of o
And thick cloud stretching across the Queensland tropics is triggering scattered showers and thunderstorms. Excessive cloud over the Northern Territory and WA interior is bringing thundery showers. Cloud pushing over Tasmania with a front is bringing
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