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There is anger in the Coalition at attempt to destabilize Malcolm Turnbull's leadership. Shadow Treasurer Joe Hockey yesterday revealed he'd been approached to replace Mr. Turnbull. But he says he remains loyal. Opposition to Mr. Turnbull's leadershi
Qantas's reputation takes another battering. The European Commission has fined the airline $11 million for price fixing. It's one of 11 airlines that had been charged with fixing the price of air cargo between 1999 and 2006. In total, more than $1 bi
The standoff in Bangkok continues with the Thai government refusing to hold peace talks with the leaders of the Red Shirt protesters. Earlier the Red Shirts accepted an offer from the Senate speaker to act as a mediator. But the government says it wo
The former Liberal treasurer Peter Costello has launched a scathing attack on Tony Abbotts paid parental leave scheme. Mr. Costello says the Coalition plan is against the partys principles and will lead to higher taxes. This scheme will give parents
Australia is poised to become the first country to introduce plain packaging for cigarettes. From 2012, the Federal Government will ban all brand names on cigarette packets. But it will still be compulsory to carry graphic warnings. The Australian ar
Police in New South Wales are scouring bushland in the state's north for a man accused of shooting a senior constable. Malcolm Naden is wanted for the murder of his cousin and has been on the run for six years. The officer was shot when police swoope
G20 finance ministers are meeting for two days of talks in Paris. Largely focused on the eurozone debt crisis. Greece is still in spotlight. But there are growing fears the crosses will spread to other indebted countries, such as Spain and Italy. The
The treasurer Wayne Swan says Australia is in good shape to weather European financial crisis.The IMF has downgrated its global growth forecast from 4% to just over 3%.The IMF says world recession is looking more likely. The world recovery, which was
Most Asia-Pacific stock markets closed lower on their first trading day of the week. Market analysts say investors have yet to see relief in the global economic gloom as more statistics point to a deepening downturn. 亚太地区大部分股市在本周
Federal cabinet is meeting today to put the finishing touches to another round of spending cuts. The treasurer Chris Bowen is expected to hand out a new economic statement this week in the face of falling revenues. In Egypt, supporters of ousted Pres
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
Let's take a look at some finance news now.And official figures out today are expected to show inflation picked up in the September quarter. Economists are tipping the consumer index rose by 0.8 of a percent over that period. Now that would put the a
Ireland's high court will decide what happens next to a mystery Australian woman. The woman was found wandering the streets of Dublin a month ago and was thought to be the victim of a human trafficking. She's now been identified as a 25-year-old Aust
An incredible story of survival has unfolded in Sydney after a desperate mother threw her two children from the window of a burning second floor unit. Both children, a two day old baby and a two year old survived after being caught by passerby. Fire
Leading our news this morning, the Treasurer has warned state and territory leaders ahead of COAG talks that hes not interested in being their cash cow. New South Wales Premier Mike Baird has led calls for an increase in the GST to fund increase in h
Workplace Relation Minister Bill Shorten will hold talk with Telstra and its contractors today over the NBN asbestos scare. Several sites in three States have been shut down where asbestos was disturbed while pits were being prepared by workers. The
A war of words has broken up between the Pope and Republican presidential hopeful Donald Trump. Pope Francis has suggested that Mr. Trump is not a Christian, because of his campaign promises to deport more immigrants and force Mexico to pay for a war
Another government minister says he believes that same-sex marriage will be legal by the end of this year. The Assistant Treasurer Josh Frydenberg says he thinks there is enough support in the partyroom now for a free vote on the issue. And Victoria
The New South Wales should have a new premier late today,liberal and P will make this afternoon to accpet Barry O'Farrell resignation and the latest successor.Treasurer Mike Baird has confirming as served the front runner,the transport opens today Be
Joe Hockey will use today's party review meeting to try to calm backbench nerves over the May budget. Tensions flied very publically yesterday over reports of another cut to foreign aid was in the cuts. The foreign minister Julie Bishop says she has