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Leading the news this morning. The Prime Minister has given a feisty speech to the leaders of the mining industry, telling them she intends to share the benefits of the Boom. Julia Gillard has told at the Minerals Council's annual dinner the Governme
Leading the news this morning. Greece's president has until Thursday to create a government before he must call fresh elections. He is now talking with the smaller party after the anti-bailout party Syriza rejected any compromise. Opinion polls sugge
After a 32-hour-siege French police have killed the gunman accused of murdering 7 people in southern France.23-year-old Mohamed Merah opened fire on police as they stormed his apartment in Toulouse.He was shot in the head by police marksman as he tri
And Greece's credit rating has been downgraded to below junk status.Rating agency,StandardPoor's has classified Greek debt as being in selective default.The European Central Bank says Greek bonds can no longer be used as collateral for loans to comme
The unemployment fell to 8.3% in January.It'the lowest in more than two years in US.The economy had 243,000 job loss last month much better than the average annual forecast.And the White House says it's a sign that United States is continuing to make
The Federal Government is trying to secure the release of three Australian anti-whaling protesters being held in a Japanese surveillance boat. The trio illegally boarded the boat off the West Australian coast yesterday. The government concedes the me
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
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
Hot northerly winds hitting Victoria and NSW. A trough over WA is triggering thundery showers. Meanwhile a high over the Tasman Sea is directing showers into northeast, while keeping most of the southeast clear. Looking around the states. In Queensla
The world oil prices continue to tremble causing further volatility on global stock markets. It has been hard to believe how much it has collapsed. In New York it dropped well below 50 US dollars a barrel in today's trade. And the price's falling is
Woodside Petroleum's attempts to buy back nearly 10% of its shares from energy giant Shell has failed. At a general meeting in Perth today 72% of votes cast by shareholders went favor of the proposal and 28% were against. The resolution needed 75% su
The FBI has identified the masked Islamic State militant who murdered two American journalists and a British aid worker, the man who has a British accent appeared in the video showing the beheading of the three men. Now the FBI hasn't named the man o
Australian fighter jets have completed their first combat mission in Iraq. The chief of the Defence Force Mark Binskin says the two jets were armed but did not launch airstrikes. Two FA-18 jets were involved. The jets have returned safely to base. Th
A low pressure trough is triggering foundering showers in the inland parts of QLD and NT. A second trough is producing thunderstorms over parts of SA and showers over the south western Victoria. Pointing ahead to todays forecast for the state in QLD,
Leading the news, Clive Palmer wants our spoken senator Jackie Lamby to remain in the Palm United Party despite their falling out. Mr. Palmer says up to 700,000 dollars were spent getting Senator Lamby elected and he liked to stay, but the interview
And when the markets in Europe closed a couple of hours ago London's FTSE 100 was down 34 points. The Dax was also down, while the Euro was up two points. In the US, trading comes to a close shortly and the Dow Jones is up. The SP 500 is also up. And
After posting solid gains yesterday, the share market today lost momentum and closed flat. The All Ords and the ASX 200 just giving back a few points.By the close, the falls today were led by bank and retail sectors. Gains in the resource sectors, th
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,
Let's go to finance and the markets have been digesting the recommendations from the government commission of audit. The chief economist at HSBC Australia Paul Bloxham says it is important to get the budget back into surplus but the whole issue has t
More people than never before employed in United Stats newly released official confirmed the total number of people who have job is now slartly high than the peak range before the international crisis of 2008. Corespondent say it's an important maste