Let's go to finance now. And well, mortgage holders are welcoming yesterday's interest rate cut. It is unlikely to do much to improve business confidence. Economist Salon Lobster says all the data shows the economy is soft and he reckons the governme
British police have rearrested Australian entertainer Roff Harris over new allegations of sexual offenses. He was first arrested in March as part of an opperation set up to investigate claims of sex abuse mainly against British TV presenter Jimmy Sav
US embassies are on terrorism alert across the Arab world. Twenty-one embassies and consulates right across the Middle East and North Africa will remain close until the end of this week. Security is particularly tight in Yemens capital where Britain,
And when the markets in Europe closed a couple of hours ago London's FTSE 100 was down 34 points. The Dax was also down, while the Euro was up two points. In the US, trading comes to a close shortly and the Dow Jones is up. The SP 500 is also up. And
And when the markets in Europe closed a couple of hours ago, Londons FTSE 100 was up 54 points. The Dax was up 20 points, while the Euro Stoxx were up 9 points. And in the US, trading comes to a close shortly and the Dow Jones is down 62 points, whil
Police have arrested a man over a double murder in Melbourne's northwest overnight. The bodies of a man and a woman were found in a house at Moonee Ponds. Three young children aged five and under were also found unharmed inside their house. Police ar
South Africa's first black President Nelson Mandela has been laid to rest in his ancestrial home of Qunu. He was buried in a traditional ceremony attended by family and close friends. More than 4,000 people, including many foreign dignitries and poli
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A trough in the east is generating thunderstorms in the tropics and southeast New South Wales. Unstable air behind a front is producing showers in Victoria and Tasmania. A trough in WA is causing thundery showers in the Pilberra and the Kimberley. Qu
Leading the news this morning is the future of manufacturing,it'll dominate today's Council of Australian Government's meeting in Canberra and the talks follow Holden's decisions to end local production at the end of 2017. Mr.Abbott has already held
Prime Minister Tony Abbott will meet the South Australian and Victorian premiers in Canberra today to discuss the future of the car industry. Almost 3,000 jobs will go when Holden stops local production by 2017. Mr Abbott will announce an assistance
The key monthly business survey by National Australia Bank shows confidence remains below the level which it hit post-election. Conditions remain weak with employment falling sharply and forward orders remaining down. NAB says it shows the economy is
Holden's managing director Mike Devereux will appear before the Productivity Commission in Melbourne this morning. Now the Holden chief is not expected to reveal specific details about the carmaker's future in Australia. There has been growing specul
The Nine Entertainment Company will launch its two-billion-dollar float on the stock exchange at mid-day. The re-capitalisation will put the company in a much stronger position after facing bankraptcy just a year ago. Shares are in highly-anticipated
A lower trough over WA is generating showers and potentially severe thunderstorms. Southwesterlies are generating occasional showers in southern Victoria and Tasmania. A low pressure system is causing thundery showers in the tropics. Looking around t
Holden is refusing to comment on reports that it will stop making cars in Australia as early as 2016. Senior government ministers have told the ABC they believe the decision has in fact already been made, but the Industry Minister Ian Mcfarlane says
East Timor's international court action against Australia over the rights to lucrative oil and gas fields begins in the Hague later today. Now the case has been overshadowed by ASIO raids on the Canberra lawyer representing East Timor, and aslo on a
And talks have began in Bali to try to reach a new global trade deal. Ministers from 160 countries are thrashing out ways to simplify customs procedures. They are hoping to finally nail down negotiations that have been going on since 1995. The head o
The United Nations human rights chief says Syria's President Bashar al-Assad authorised war crimes against his own citizens. It's the first time the UN has directly implicated Mr.Assad. Navi Pillay says her office has also identified a list of people
Leading our news this morning. Customers are taking the fight against ANZ bank fees to court in Australias biggest consumer class action. 38,000 customers have joined that action. Law firm Maurice BlackBurn says ANZ Bank fees are excessive and not re
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