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In business, gold has fallen to a six weeks low below 1490 US dollars an ounce partly of Greeces approved austerity package. The drop was also driven by falling oil prices and gains in the US dollar against a number of other currencies. Research comm...
Treasury Secretary Martin Parkinson has warned Australia needs a strong reform agenda if it's to keep the economy strong. Mr Parkinson says Australia can't rely on the mining boom to prop up the economy. He says productivity needs to improve to avoid...
There's been more violence in Athens after the Greek parliament approved those controversial austerity measures. Police fought running battles with protesters outside the parliament building. The savage spending cuts and tax increases will slash over...
At least ten people have died after suicide bombers attacked a hotel popular with westerners in the Afghan capital Kabul. Police in the Afghan capital say at least five suicide bombers have blown themselves up at the Intercontinental Hotel. A Taliban...
The Libyan government has scoffed at the International Criminal Court's bid to arrest Colonel Gaddafi for crimes against humanity. The court has now issued an arrest warrant for the Libyan leader, for his son Saif al-Islam and his intelligence chief....
New pictures smuggled out of North Korea and obtained by the ABC showed the desperate plight of the population there. Homeless and orphan children as young as eight are shown begging for food in the streets. The pictures also reveal the military is s...
There is low cloud over northeast, New South Wales, and the Queensland coast is causing isolate showers. A trough is causing patchy rain in Western Australia, and hard pressure system means clear skies for the remainder. And look ahead to tomorrow no...
Toyota Australia has announced a loss of about 13 million dollars for the year to March. Toyota says it's facing severe competition and feeling the impact of the Japanese earthquake and tsunami in March. The Manufacturing Workers Union says the risin...
A year on, and senior Government ministers are still having to defend their decision to replace Kevin Rudd with Julia Gillard. The Prime Minister will mark her first anniversary in the top job at a Labor Party conference in Perth today. The Oppositio...
The Federal Government is expected to announce today that a deal has done for the NBN to take over Telstras fixed-line customers. The deal worth $11 billion will give the NBN access to Telstras underground network for its fibre cables. The Opposition...
It will be another challenging day for the airlines and their passengers as they try to get their planes back in the air. Adelaide flights will resume shortly with Melbourne, Sydney and Canberra following as today progresses. But its likely to take d...
And all Australias domestic airlines have cancelled flights to and from Adelaide this morning because of a return of that volcanic ash cloud. Tiger has also grounded its flights between Sydney and Melbourne. The airlines will review the decision late...
US Defence Secretary Robert Gates has confirmed his country is having preliminary talks with the Taliban in Afghanistan. He says theyve been going on for some weeks, but are still in the very early stages. Now its the first time the US has acknowledg...
Low cloud and showers have been pushed into the southeast by strengthening northwesterly winds. And we have also got a thick band of cloud approaching southern south Australia along a strong cold front. Apart from the southeast, clear skies over most...
