And Saudi Arbi says speculations are behind the current high oil prices and suppliers are in excess of demand. Petrol prices in Australia are nearing one dollar and sixty a liter.The Saudi Oil Minister says,crude at 125 US dollars a barrel is too hig
Police in the Queensland town of Saint George say it's unlikely that residents would be allowed back their homes until the weekend of the earliest.Flood waters there appear to a final peak just below 14 meters.Defense Force personnel have arrived in
The satellite image shows,a low lingering over the Taman sea,directing strong winds and large surf onto the south-east coat.A developing monsoon trough is causing heavy storms in the tropics. To Queensland first,and there will be scattered showers an
A suicide bomb has killed at least fifteen people and wounded more than thirty others in north west Pakistan.The attack took place at a funeral on the outskirts of the city of Peshawar.Police say the bombers appears to have targeted an anti-Taliban p
And china's decision to restrict exports of rare earth minerals is to be challenged at the World Trade Organization.The US,EU and Japan were reportedly file the suit the with the global trade watchdog.China is the largest producer of rare earths,whic
A group of Belgian parents have rushed to the site of a fatal school bus crashing in Switzerland,some still unsure if their child is among the dead.The children were returning from a skiing trip in the Swiss Alps,when their coach crashed into the sid
The Taliban is threatening to avenge the deaths of 16 civilians shot dead by a rogue American soldier.The Afghan Parliament is also demanding a public trail.The Afghan army has stepped up security in Kandahar city after the Taliban threats. Oppositio
Former Treasurer,Peter Costello,has lashed out the why the federal government appointed David Gonski as the new chair of the Future Fund.Mr. Costello claims the reputation of the fund has been damaged because Mr.Gonski was originally asked to recomme
Nelson Mandela is back home after being discharged from hospital.The former South Africa president,who has been treated for a long standing of abdominal complaint and has undergonelaparoscopy.Government officials say,the tests didn't indicate anythin
Right wing powerbroker,Senator Mark Arbib,says he hopes his decision to quit will help heal the Labor Party.Senator Arbib's quitting in the ministry and leaving the Parliament in the wake ofleadership battle.He was one the architects of Kevin Rudd's
Floods are continuing to threaten communities in New South Wales and Victoria and more rain is predicted today.More than 17,00 people have been evacuated from their homes across New South Wales.11 people trapped in their homes, had to be rescued ov
The satellite image shows a band of cloud across central and south east Australia is producing flooding,rain and storms.Thick cloud over the tropic is causing thundery showers.Skys are clearing from the west. In Queensland,rain areas and thunderstorm
European leaders in Brussels have signed a new treaty designed to prevent the 17 Euro-zone countries from living beyond their means.Beliefs hope the accord will also prevent a repeat of the crippling debt crisis,which led to the bailouts of Greece,Ir
There have been more flood evacuations in New South Wales.About 450 people in Wagga have spent the night in emergency accommodation.The Murrumbidgee River is expected to reach 10 meters by tomorrow.In northern Victoria,meanwhile flood warnings remain
Residence in Wagga Wagga in southern New South Wales are fleeing their homes this morning as flood waters approach a record peak.More than 8 thousand people have been ordered to evacuate.The Murrumbidgee River is expected to reach 10.9 meters later t
Indonesia's counter-terrorism police have shot dead five men suspected of planning terrorist attacks in Bali.Heavily armed police conducted two raids overnight.Three suspects were shot and killed in at a hotel in Sanur,another two died during a raid
International Fund has suddently upgraded its grow forecast for the global economy.It's now predicating 3.5% this year,up 0.25% on its earlier forecast. Its predication for Australia is in line with the government projection of 3% growth this year.Bu
A trough is lingering near the New South Wales coast,a low influencing the weather over Victoria and Tasmania,a trough is stretching through south Australia and western Australia. In Queensland,isolated showers about the northeast with thunderstorms
A German court has ruled that the online video showing Website Youtube should do more to protect the copyright of musicians and publishers. In a case brought by the German Copyrights Organization Gema the court rejected Youtube's argument that it has
Leading the news this morning.The Pentagon is investigating photoes published in an American newspaper showing US soldiers posing with dead Afghan Suicide bombers.Australian defence minister Steven Smith has added his voice to a course of condemnatio
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