And the markets seem to be taking the US government shutdown in their stride. HSBC's chief economist Paul Bloxham says there is optimism that things will get back to normal soon. I think the story here is essentially(口误）. The market is saying t...
Prime Minister Tony Abbott and Indonesias President Susilo Bambang Yudhoyono have agreed to work together more closely to tackle people smuggling. Mr.Abbott has described their talks in Jakarta as very frank but constructive. The Prime Minister has a...
Leading the news this morning. Prime Minister Tony Abbott heads to Indonesia this morning in the shadow of the latest asylum seeker boat tragedy. As many as 50 people are either dead or missing after a boat got into trouble and capsized off the south...
Despite a quiet day of trade, the Australian share market managed to hit a five-year high with energy stocks in the lead. By the close, the All Ords was up a third of a per cent, as was the ASX 200 index. To the Movers. And Leighton holdings jumped m...
A trough is extending from WA to northern New South Wales, generating showers and thunderstorms. A cold front and a trough crossing the southeast is producing showers, storms and powerful winds in Victoria, Tasmania, and South Australia. Looking arou...
Former foreign minister Alexander Downer has taken a swipe at Indonesia just days before the Prime Minister Tony Abbott travels there. He's accused the Indonesia government of pious rhetoric over Australia's asylum seeker policies. Indonesia's Foreig...
Australian skipper Jimmy Spithill has led the team USA to victory in the America's Cup. The American team won the last eight races to snatch victory from New Zealand. Today also happens to mark the 30th anniversary of Australia's historic America's C...
And the Communications Minister Malcolm Turnbull wants the NBN to continue rolling out fibre while a strategic review is carried out. Our business editor Peter Ryan says his main priority now will be to recruit a new board. Ah, the head hunters would...
Kenya's security forces say they are in the final stages of ending that deadly siege at a Nairobi shopping mall. Sporadic gunfire and explosions are now being heard and thick, black smoke is billowing from the centre. Authorities say three of the gun...
Kenyas army says its now freed most of the hostages trapped in a Nairobi shopping centre. It says its secured most parts of the complex and is getting closer to ending this siege. An Australian is among 68 people killed when gunmen stormed the centre...
Australian shares have retreated from yesterdays five-year highs with the biggest losses, the healthcare and resources stocks. The All Ordinaries index ended down 0.4 percent, as did the ASX 200 index. However, the market is up one per cent for the w...
Let's take a look at the satellite. A trough and a cold front are triggering isolated showers south Australia,southeast while a large high pressure system is pushing isolated showers and onshore winds over northeast Queensland. The high is keeping co...
Tony Abbott is being urged to re-consider his election promise not to change the GST. Western Australia's Liberal Premier Colin Barnett says the tax is not raising enough money and needs to be broadened or increased. The ACT Chief Minister Katy Galla...
The new government's asylum seeker policy is under fire again from Indonesia. Operation sovereign boaders has(口误) now officially begun with the appointment of deputy chief of army Angus Campbell to oversee turning back votes, but an senior Indone...
The Reserve Bank has echoed concerns that record low interest rates are fueling a property price bubble. In the minutes of its September meeting, the Central Bank warned that it was crucial for the banks to maintain prudent lending standards. Now the...
