The Reserve Bank says its hoping the Australian dollar will continue falling and help rebalance the economy as the mining investment boom peaks. In the minutes from its June meeting, the RBA board also left the door open for further interest rate cut...
The federal government is making its crackdown on 457 visas a top priority in the final two weeks of parliament .The government's runing out of time to get hundreds of bills passed.The League Labor cooks will meet today for the second last time befor...
The latest FairfaxNielsen poll shows Labor's primary vote has slipped another three percentage points to 29 percent.Support for the prime minister is at its lowest level now in a year. The poll also shows a return to Kevin Rudd as leader would wipe o...
And when the markets in Europe closed a couple of hours ago, Londons FTSE 100 was up. The Dax and the Euro were also up. In the US, trading comes to a close shortly and the Dow Jones is down, while the SP 500 is also down. And the Australian dollar i...
Lets take a look at the satellite. A low pressure system is causing heavy rain and strong winds in eastern Victoria and bringing some rain into New South Wales, Tasmania and South Australia. Therere showers in the Pilbara region thanks to a trough ov...
The flood threat in Traralgon in Victorias east has been downgraded from major to moderate. The Triorgan Creek has peaked lower than expected at 4.3 meters. Rainfall in the area has eased this morning. Earlier residents living along the creek were ad...
Police are preparing to spend a second day searching for the remains of anti-drug campaigner Donald Mackay, who disappeared 36 years ago. Now its believed the Liberal Party candicate was murdered by the Mafia in the city of Griffith in 1977. Detectiv...
The Australian dollar's fallen throughout the day as investors bet against the strength of the Australian economy. Earlier, the Australian dollar slipped to its lowest level in almost three years. It's currently buying 94.04 US cents. Australian shar...
Opposition Frontbencher Malcolm Turnbull has cast doubt on the coalitions key policy of stopping asylum seeker boats coming to Australia. Mr. Turnbull says it may be unsafe to send asylum seeker boats back to Indonesia without that countrys cooperati...
The search for some of the survivors from an asylum seeker boat that sank near Christmas Island has been called off and is unlikely to be resumed. It's believed 55 people were on board that boat. Three ships and five planes have spent three days now...
Lets take a look at the satellite. A week trophy is causing a few night showers in the east in New South Wales while Ohio is isolating showers on the Queenslands coast mainly about the central and northern coasts. A cold front approaching the South W...
To revive the Australian flagging car industry, the prime minister is meeting car makers and unions to develop a long-term survival plan for the industry. The meeting was prompted by Ford's decision last month to stop making cars locally in 2016. The...
A second patient at a Brisbane hospital has contracted legionnaire's disease and is now in intensive care. A 60-year-old patient at Wesley hospital has already died from the disease. All hospital admissions and surgery have now been canceled. Hospita...
Let's go to finance. A new report has found the profits of the world's biggest miners have slumped by half since 2011 as the mining boom peaks. Pricewaterhouse Cooper says higher costs, more writedowns and fluctuating commodity prices hit the foutune...
A series of new polls show Labor is facing a significant defeat at Septembers election. Treasurer Wayne Swan is denying the existence of internal Labor polling published by Fairfax today, but it shows the party would struggle to any seats in Queensla...
