Senior Labor Senator Steven Conroy says Labor's new leadership rules are a farce. The reforms introduced by Kevin Rudd give caucus and party members an equal say in choosing a leader. Senator Conroy says the rules make the party a laughing stock and
New figures show business confidence was boosted by bets on a Coalition election victory and an interest rate cut in August. National Australia Bank's monthly survey of over 600 firms shows confidence shot up to a reading of six from minus three back
Leading the news this morning. Good morning.Prime minister elect Tony Abbott heads to Canberra today to take over the reigns of government. He'll summon Coalition MPs and senators later this week to re-endorse the leadership team before they can be s
The Australian share market has reversed earlier gains. Right now, the All Ordinaries index is down around half of a per cent, as is the ASX 200 index. The banks are weaker. Insurance, like QBE insurance, are on the rise. Mining stocks are down. The
The big front system is generating a lot of clouds but any light showers. And most of the really cold air is where south of the continent. A low pressure system over western Australia is going to bring some heavy falls tomorrow. The Tasman high has d
The Coalition has been left for red faced by an embarrassing backflip on its Internet safety policy. The original document released online yesterday contained plans for a compulsory Internet filter to block adult content. Opposition leader Tony Abbot
The Coalition will finally release its policy costings today. The government has been demanding the Opposition reveal just how it intends to pay for its election promises. Shadow Treasurer Joe Hockey will announce the Coalition government will reduce
And national account's figures out today are expected to show weak economic growth in the last quarter. Economists surveyed by Bloomberg are forecasting gross domestic product to have grown by half of a percent in the three months to the end of June.
The ABCs Vote Campass shows voters trust Tony Abbott slightly more than Kevin Rudd. With just days to go before the federal election, voters have rated the opposition leader more highly on questions of trust and competence. More than one million peop
Twitter has announced, via a tweet, of course, it's planning to list on the US stock market. It's filed paper work with US regulators for an initial public offering, but the details are confidential. Twitter has well over 200 million active users. It
Labor's primary vote has slumped to 33 per cent in the latest Newspoll as the federal election campaign enters the final crucial week. Tony Abbott has overtaken Kevin Rudd as preferred prime minister for the first time. The prime minister says Labor
Virgin Australia says its major shakeup has pushed the airline to a fully loss. Virgin took 100-million-dollar hit from a fast tracked restructure thats / the company at business-class seats, switch to a new ticketing system and make two big acquisit
Skies are clear over most of the country but there're still some instability with showers and isolated storms possible. This front system to the west is taking most of the rain into the bay,just some isolated showers and possible storm in there. Behi
British police have charged Rolf Harris with 13 sex offences. The Australian entertainer faces nine counts of indecently assaulting two teenage girls in the 1980s as well as making indecent images of children. He is due to face court later next month
Britain is trying to get United Nations' backing for a military strike against Syria. It's putting a draft resolution to the five permanent members of the Security Council to authorize all necessary measures to protect civilians in Syria. But Britain
To finance.And growing expectations of a military strike against Syria have sent oil prices higher. West Texas Crude jumped to 109 US dollars a barrel. This is the highest this year. Singapores Tapis Crude rose to a six months high of 121 US dollars
The United States is hardening its line on Syria. The Secretary of State John Kerry says there's no doubt the regime has used chemical weapons on its people. He's labelled last week's massacre a moral obscenity. His remarks follow a sniper attack on
And when the markets in Europe closed a couple of hours ago, London's FTSE 100 was up 45 points, while the Dax and Euro were also up. In the US, trading comes to a close shortly and the Dow Jones is up. And the SP 500 is also up. And the Australian d
The Opposition has rejected an independent analysis of selection committments. Leading economist Saul Eslake has done the sums and says the Coalition needs to find another 30 billion dollars in savings. But the Shadow Assistant Treasurer Mathias Corm
Syrias regime has been accused of massacring hundreds of people in a chemical weapons attack on the outskirts of Damascus. Opposition activists say children are among more than 1,300 victims. Western governments are demanding UN weapons inspectors wh
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