Regulators in the European Union say a stress test of 91 banks across the EU has found that the sector is in good financial health. The study measured the banks capacity to survive a severe recession or another sovereign debt crisis. And all the majo
The Prime Minister Julia Gillard is this morning poised to announce a deal with the big miners on the super profits tax. It's understood the deal could include lifting the rate which the super profits tax kicks in. The headline rate of 40 percent may
Taking a look at the satellite image first, and cloud near a low in the southwest is bringing some isolated showers. Therell also be a few showers over the north of Western Australia where a high cloud meets a trough. Queensland can expect a fine day
A dramatic World Cup final is being played out in Johannesburg between Spain and the Netherlands. The match is going into extra time after the score was locked at nil all. Both sides are vying for their first-ever crown in the history of the sport. T
The Federal Government says talks with Dili about processing asylum seekers on East Timor are going well, despite the country's parliament rejecting the plan. Dili's parliament voted against the proposal for a processing centre, but only 34 of the co
The Federal Government will use todays release of an updated economic forecast to push its economic credentials as it prepares to call an election. The forecast is expected to confirm that the budget will return to surplus in 2013. The Opposition say
East Timorese President Jose Ramos-Horta says his country shouldn't become an island prison for Australia's asylum seekers. Prime Minister Julia Gillard wants to send asylum seekers to East Timor and New Zealand for processing. Neither country has fo
To the satellite imaging, broken cloud in a trough is stretching from coast to coast, causing widespread rain. Cloud over the southeast with a cold front is triggering showers and some alpine snow. A high over the Tasman is directing moist air onto t
On the satellite image, a high over the interior and the north is keeping skies mostly clear. There is some patchy low cloud over southeast. But it's staying dry. And cloud over southern WA will bring a few showers. On this synoptic chart, a high wil
The Prime Minister Julia Gillard is facing growing opposition to her plan to process asylum seekers in East Timor. The country's Deputy Prime Minister Jose Luis Guterres says the proposal is unlikely to be accepted. And a senior East Timorese politic
Prime Minister Julia Gillard appears to be backing away from her plan to send asylum seekers to East Timor. Three days after announcing that proposal, Ms Gillard now says setting up a centre on Papua New Guinea is another option. The Opposition says
And last night's Leaders Debate failed to produce a clear winner as both leaders stuck carefully to their campaign scripts. Julia Gillard tried to focus on industrial relations and creating an open dialogue on climate change. The Opposition leader To
The battle over broadband is set to take centre stage today with the Federal Coalition due to outline its alternative to the NBN. The Government says the 43-billion-dollar National Broadband Network will be complete by 2018. But the Opposition plans
Labor's hit out at Tony Abbott for failing, they say, to understand his own broadband policy. The Coalition yesterday released a six-billion-dollar plan to extend Internet services through a mix of cable and wireless technology. And it confirmed it w
An audience of undecided voters has declared Tony Abbott the winner over Julia Gillard at a public forum in western Sydney last night. The Prime Minister and the Opposition Leader field questions from about 200 voters at the Rooty Hill RSL Club. Juli
The latest Newspoll shows that Labor has an election-winning lead of 52 to 48 per cent, that's up from last week's 50-50 result. Today's Galaxy poll also shows the ALP with a narrow lead over the Coalition on a two-party preferred basis. The Federal
The election campaign has stepped briefly back in time with Kevin Rudd and John Howard duelling over who should lead the country. John Howard launched a stinging attack on Julia Gillard at a Liberal Party fundraiser last night, calling her a total fa
A Four Corners investigation has revealed that two people smugglers are being considered for resettlement in Australia. The program secretly filmed the men discussing their people smuggling operations. Both men claim to have refugee status from the U
At least five people have been killed in clashes on the border between Israel and Lebanon. Three Lebanese soldiers, a senior Israeli officer and a Lebanese journalist were killed in exchange. Lebanese forces say they opened fire after Israeli soldier
And Federal Labor MP Bill Shorten has spoken for the first time since he acted to oust Kevin Rudd as Prime Minister. Mr Shorten says he recognized the need for a change in the weeks leading up to the challenge but insists he only approached Julia Gil
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