And failed investment company, Banksia Securities, will close all of its ten branches by the end of the week. The Victorian-based company called in the receivers last month, owing investors around 660 million dollars. Most of those investors are farm...
The federeal government's Royal Commission into child abuse could take several years to complete. Prime minister Julia Gillard announced the wide range inquiry late yesterday will investigate the way institutions like churchs and schools have handled...
Seven homes have been destroyed by bushfire, burning out of control in South Australia. More than 100 firefighters are battling the blaze near Port Lincoln, which has also destroyed twelve sheds and four vehicles. Reinforcements will be sent in later...
Now time for the business news. And when the markets in Europe closed a couple of hours ago, London's FTSE 100 was down. So was the Dax. The Euro was up. In the US, trading comes to a close shortly and the Dow Jones in down, while the SP 500 is up. A...
A trough is causing showers and storms over Queensland, parts of New South Wales and the Northern Territory. Cool southwesterly winds are causing showers in Tasmania and southern Victoria. Looking around the states. In Queensland, there'll be heavy r...
A senior New South Wales police officer is calling for a royal commission into sexual abuse in the Catholic church. Detective Chief Inspector Peter Fox says the church has been involved in a widespread cover-up. He's accused some priests of destroyin...
The U.S presidential election is over, and the tension has quickly turned to the economy. The big challenges that lie ahead have caused jitters on the U.S stock market. President Barack Obama is facing a deeply divided congress, and he has two months...
Many economists are still betting on another interest rate cut before the end of the year. The Reserve Bank defied expectations yesterday by holding the cash rates steady at 3.25 per cent. Governor Glenn Stevens put it down to an improvement in local...
Presidential rivals Barack Obama and Mitt Romney are in their final day frantic campaigning to win the hearts and minds of America's voters. They are neck and neck in the national polls, but Barack Obama has a small lead in the swing states. The Gree...
Three people have been shot and injured at a wedding reception at Canley Vale in Sydney's southwest. A 23-year-old man is in a critical condition. Police have sealed off the Serbian function centre and are appealing for witnesses. The race for the Wh...
And when the markets in Europe closed a couple of hours ago, London's FTSE 100 was up seven points. The Dax and Euro were up 28 and 13 points respectively. In the US, trading comes to a close shortly and the Dow Jones is down 115 points, while the SP...
A series of troughs is generating showers and storms in western Queensland, the northern territory, South Australia, and eastern West Australia. A high is driving the odd shower onto coastal New South Wales, while keeping Queensland, Victoria, and Ta...
US President Barack Obama and his Republican rival Mitt Romney are back on the campaign trail. They suspended their campaigns in the wake of the super storm that caused widespread devastation across America's east coast. It's only five days now befor...
The U.S president Barack Obama, as you seeing, has arrived in New Jersey to inspect the storm damage. He'll be meeting rescue workers and residents in flood-ravaged Atlantic city. A massive clean-up is under way after the superstorm caused widespread...
And that super storm is taking a heavy toll on business. The New York Stock Exchange remains closed, but it is reopening tomorrow, US time. It's the first time weather has shut the Exchange for two consecutive days since way back in 1888. The storm d...
