Crimea plans to hold a referendum in ten days' time to vote on breaking away from Ukraine and joining Russia. U.S. President Barack Obama says the move breaches international law and has issued travel bans on some Russian and Ukrainian officials. Hom
An Australian journalist jailed in Egypt has called on the prime minister to do more to help him. Peter Greste and two of his Al Jazeera colleagues have faced court in Egypt for a second time,accused of spreading false news and supporting the outlaw
Virgin Australia says it's very pleased with the government's intentions to scrape parts of the Qantas sell act,which limit foreign ownership. It says the outcome supports their competition in the Australia aviation market. The airline remains oppose
The federal government is pushing ahead with plans to lift foreign ownership restrictions on Qantas. It'll bring legislation by the end of the week to repeal the part of the Qantas Sale Act, but it faces not-repeal battling in the senate. Labor and t
Russia and the West appeared on the collision course of Ukraine. NATO has been holding an emergency meeting and says Russia's military activities in Crimea are threatening peace and security in Europe. Ukraine's newly appointed head of the navy has d
Virgin Australia's boss John Borghetti says he will continue to compete with Qantas despite it's hurting his company's bottom line. Virgin lost 84 million dollars in the first half of the year. The result underlines the price the carrier is paying to
There is a potential of a tropical cyclone developing by late in the weekend. It's sitting in the southern parts of the Solomon Sea,ah,sorry,the Solomon Island. It's showing a potential of moving towards the Queensland coast by the middle of next wee
Qantas boss Alan Joyce will meet Unions this morning to begin talks on his massive job cuts. The airline plans to shed 5,000 jobs after announcing its 235-million-dollar loss. The Federal Government is backing away from giving Qantas a debt guarantee
Qantas workers are anxiously waiting today's release of the airline's half-year results. Qantas is expected to announce plans to cut thousands of jobs in the wake of heavy losses. The government says it'll wait until today's results are released befo
Economic forecaster BIS Shrapnel is warning our export industries won't be competitive while the Australian dollar remains high. The organization's chief economist Doctor Frank Gilber says cutting costs and wages would do little to remedy the situati
Now let's get more business and finance news, in particular the markets see how they finished the trading week. And in Europe, we could see a mostly down, a quite oversee in Germany with the Dax. The FTSE finished down 76 points. Across the Atlantic,
There are scattered thunderstorms above the northern tropical areas and some isolated thunderstorm activity over central Australia. Some patchy low level cloud over southern Victoria and northern Tasmania from easterly winds. There is some low level
A Vietnamese navy plane has spotted a possible debris from the Malaysia Airlines passenger jet that went missing on Saturday. Six Australians were among 239 people on board. Authorities aren't ruling out a terrorist attack. Australia's sending two ai
Authorities have confirmed that two passengers traveling on stolen passports on a missing Malaysian Airlines plane were not of Asian appearance. Malaysia has now expanded the search area for the missing aircraft. A massive air-and-sea search has fail
David Jones has confirmed its Chief Executive Paul Zahra will remain in the role. Mr. Zahra announced he would be resigning last year, but there was speculation he would stay on after it was revealed last month the company's chairman and two other di
Tony Abbott has put spending cuts to health and education firmly on the government's agenda. The prime minister says the government will keep its pre-election commitment to maintain health and school spending his term, but he says reducing the rate o
Thousands of people have gathered at candle-lit vigils around the country for the asylum seeker who was killed on Manus Island last week. Twenty-three-year-old Iranian man Reza Berati died during a violence at a detention centre last Monday. Immigrat
Well, analysts say the staggering 19 billion dollars Facebook has paid for Whatsapps demonstrates its drive to remain innovated and fresh. The price, which will be paid in cash and stock, has stunned the Silicon Valley as Facebook moves to assert its
A low pressure trough is generating showers and storms over central and southeastern Queensland. The monsoon trough over the tropics is producing thunder and showers. They'll be heaviest over the Gulf. Looking around the country now. Heavy rains and
Up to 25 people have died in renewed clashes between riot police and protesters in Ukraine's capital Kiev. The Interior Ministry says protesters have taken dozens of police hostage. The violence erupted again just hours after a truce was declared. Th
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