To finance, and a new report by the Grattan Institute warns that young people are risk having lower living standards than their parents. It echoes comments by the former Treasury Secretary Martin Parkinson who says urgent tax reforms are needed to st
A third Qantas plane has made an unscheduled landing in less than 24 hours because of technical problems. A Dallas-bound flight turned back to Sydney last night because of the problems with seats, inflight entertainment and some of its toilets. Earli
And leading our news this morning, former Guantanamo Bay detainee David Hicks has heckled the Attorney at a vent in Sydney. George Brand was speaking at the human rights awards when Mr. Hicks shouted from the audience that hed been tortured for 5.5 y
Leading the news, a Brisbane man is in a serious condition in hospital this morning after he was shot by police during a domestic dispute overnight. Police say the man in his 40s was shot several times when he allegedly ran to them with a saw at a ho
The surface and another trough thatd been triggering a severe condition this week are now moving further east impact the surface trough. It should move off coast any way south of around Townsville tomorrow. The upper-level disturbance should move out
Lets take a look at the satellite. A trough and embedded low lingering over central and southern WA is triggering thundery showers. A broad region of low pressure over northern WA and the Northern Territory is also triggering isolated thunderstorms.
Qantas has announced a shake-up of its leadership team with two of its senior executives leaving the company. The airline says the CEO of Qantas International Simon Hickey and a head of Qantas Domestic Lyell Strambi are leaving the company. Theyll be
Mourners have gathered at St. Andrews cathedral to remember the victims of this weeks CBD siege. The NSW premier and NSW police commissioner were among those in attendance. A sweeping federal and state review will be held into the circumstances leadi
The Reserve Banks December minutes confirm a period of stability for interest rates is set to continue. The board noted that some market participants expect rates to fall next year and discussed factors behind those market expectations, but the RBA g
Three people have emerged from the siege in Sydney's central business district.Two hostages ran through the front entrance of the Lindt cafe in Martin Place.another came out from the fire exit.An armed man is still holding a number of other people ca
Leading the news, the Treasurer Joe Hockey is expected to slash foreign aid again when he delivers the media budget update today. Foreign aid is set to be cut further by more than three billion dollars over the next four years. Mr. Hockey is also exp
Global markets are surging in response to positive US economic data and yesterdays policy statement from the US Federal Reserve. The Fed said it would be patient in deciding when to raise interest rates. Most analysts have interpreted this as meaning
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