The Reserve Bank has provided a somber assessment to the Australian economy in its quarterly update.In its statement of monetary policy,the RBA cut its worst forecast for the Australian economy this year by 0.75 percent to between 2.25 percent and 3.
Hello, Some cloud around the Gilbert,due to a nearby low pressure system.This will intensified heat over the next couple of days.A lower over the coral sea will increase rain about the northern Queensland area and head towards coast.Fine and very war
The top stories, Tony Abbott is promising to do a better job as prime minister after a week of turmoil over his leadership. Several MPs have told ABC they would support a leadership spill at next Tuesdays party meeting. The Education Minister Christo
Leading our news this morning, Peter Greste has returned home to a jubilant welcome after 400 days in an Egyptian prison. The Australian journalist was greeted by family, friends and supporters of Brisbane Airport early this morning. Mr. Greste says
The big four banks are yet to move after the official interest rate was cut yesterday for the first time in eighteen months. The Reserve Bank dropped the rate by twenty-five basis points in a bid to boost the economic growth. Now most economists had
Tony Abbott's leadership will come under the spotlight again today when Federal Cabinet meets in Canberra. Sydney ministers have been defending the Prime Minister but that hasn't stopped talk of a leadership change. Reports have emerged this morning
A new report is warning Australia could be dropped from the worlds 20 largest economies by the middle of the century. The study by accounting firm PWC predicts Australia will fall to 28th place by 2050, slipping behind developing countries like Bangl
The Prime Minister Tony Abbott is facing a growing backlash over that decision to award an Australian Day knighthood to Prince Philip. Two Queensland MPs Ewen Jones and Warren Entsch publicly criticized the move. In reaching the decision, Mr. Abbott
Egypt has deported Australian journalist Peter Greste who is now free after 400 days behind bars.Mr. Greste has touched down in Cyprus,accompanied by his brother Michael.He and two of his Al-Jazeera colleagues were jailed on charges of aiding the ban
The local share market has closed higher today. The All Ords ended the session up 19 points, or 1/3 of a percent. The ASX 200 added the same amount. The big banks finished mixed. Commonwealth added 2/3 of a percent. There were some good results among
You see the trough sitting through Western Australia. Thats going to spark some further thunderstorms as we move through weekend, although the majority of those are going to be sitting to the north of Perth. This low pressure system bringing big surf
Lets take a look now at whats leading news. And the Queensland premier and Opposition leader are in bargain on their final day of campaigning for the state election. Campbell Newman and Stacy Paliscia will face off in the debate this afternoon. Mr. N
Three members of the family that moved from Western Australia to South Africa appear to have been murdered.The bodies of the man,his wife and their eldest son were found in their home at South Africa.A 16 year daughter is in a critical condition with
The local share market has closed at a three month high,after starting the session flat.The All Ords ended 43 points high,that's up .8 of a percent.The ASX 200 added 45 points. Resources stocks took a hit today, due to a fall in the price of iron ore
Leading the news this morning.Nick Kyrgois is through to the last eight of the Australian Open.The 19 years came from two sets down to beat Italian Andreas Seppi.Kyrgois will meet world's No. six Andy Murray in the quarter finals. Rosie Batty has bee
The minimum wage and penalty rates will be examined in a government review in industrial relations. The Productivity Commission Fundings are expected to form the basis of a new workplace relations policy for the coalition. A final report is due in No
The top stories. The man is facing court this morning charged with a double murder on the Gold Coast. Police were called to an upper C. home yesterday after the bodies of a 39-year-old woman and a 43-year-old man were discovered by a relative. A five
The share market ended the day flat while traders struggled to decide whether China's latest economic numbers were positive or negative.The All Ords closed two points lower and the ASX 200 ended down just one point lower.Materials and energy stocks l
Leading the news this morning.The Federal Immigration minister Peter Dutton has denied claims asylum seekers on Manus island were denied food and water during a standoff with security staff. A number of asylum seekers have been detained by police aft
Refugee advocates claim asylum seekers in Manus island have been denied drinking water and warned the move could have fatal consequences.Asylum seekers have been protesting several days over plans to have them resettled in PNG.Protesters on hunger st
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