Qantas and the Federal Government have welcomed that ruling by Fair Work Australia to terminate all industrial action by the airline and the unions after a marathon hearing in Melbourne. The ruling means all parties now have 21 days to negotiate a se...
The survey by the National Australia Bank has found trading additions for small and medium-sized companies fell sharply in the September quarter. Confidence was down for those companies involved in transport, business services and healthcare. However...
A band of cloud across the central extending south across much of Victoria is bringing rain and storms across parts of Western Australia, South Australia, New South Wales and Victoria. Around the states. Queensland will be mostly dry in the north and...
Global markets have welcomed their deals to tackle the eurozone's huge debt crisis. The agreement was reached after late night talks in Brussels. It includes a four- to five-folding increase in bailouts for struggling governments. Leading banks will...
European Union leaders have agreed on a plan to recapitalise European banks to try and withstand the ongoing debt crisis. British Prime Minister David Cameron says the deal is reliant on the eurozone adopting a full package to protect the euro itself...
And Eurozone leaders are meeting in Brussels tonight to come up with a strategy to confront Europe's worsening debt crisis. But there's already been a setback with one of the scheduled meetings cancelled. The finance ministers were going to thrash ou...
Rescue workers are continuing their frantic search for more survivors from Turkey's devastating earthquake. But as time goes on, they are losing hope of pulling any more people alive from the rubble. Thousands of people spent another freezing night s...
Up to 1,000 people are feared dead after a powerful earthquake in eastern Turkey. The 7.3 quake struck 19 kilometres north-east of the city of Van, which is close to the border with Iran. Forty-five people have been confirmed dead in just one town al...
News Corporation has held its annual meeting of shareholders in the US. In his opening remarks at the meeting, chief executive Rupert Murdoch told angry shareholders there was simply no excuse for phone-hacking scandal and vowed to put things right....
Taking a look at the weather satellite image. Cloud across the Northern Territory, South Australia, Victoria and western New South Wales could lead to rain and storms, patchy cloud is streaming into Queensland, bringing possible tropical showers. Aro...
The top story on ABC News Breakfast this morning: Libyans are celebrating the death of Colonel Gaddafi. The country's transitional government says he was killed after being found in and dragged from a drainage pipe on the outskirts of his hometown of...
Queen Elizabeth will begin her Australian visit this morning with a private audience - with the Governor General Quentin Bryce. The Queen and Prince Philip arrived in Canberra late yesterday. They were greeted by hundreds of local schoolchildren. The...
And China's economic expansion slows slightly during the third quarter of the year. China's economy grew by 9.1 per cent in the three months to the end of September. Now that's down from 9.5 per cent in the previous quarter. The government's measures...
The Foreign Affairs Department says it does not have any official confirmation at this stage that an Australian teenager accused of buying drugs in Bali will be sent to jail for processing. Indonesian prosecutors say the 14-year-old boy will be sent...
It's expected to be a firing meeting of Federal Cabinet later today after damaging leaks were made to the media over the weekend. Those leaks reveal deep divisions within Cabinet about how to deal with the political deadlock over offshore processing....
