And there was more sobering economic news out of Europe overnight. Britain's Office of (口误,应为for) Budget Responsibility said the British economy will grow by less than one per cent this year. Now it predicts the growth will be just 0.7 of o...
Treasurer Wayne Swan will outline billions of dollars in spending cuts when he hands down his budget update today. The updated figures are expected to show a $20 billion black hole in government revenues. The Government will need to make deep spendin...
More than 60 people have been evacuated from floodwaters in north-west of New South Wales. The Mehi River peaked lower than expected at just over 10 meters overnight. Two hundred properties around Moree, Gunnedah remain isolated. Further south, anoth...
The ex-boss of disgraced camera-maker Olympus has met with the company's board for the first time since he was sacked. Olympus fired Michael Woodford last month after he revealed that the company was covering up investment losses. Mr Woodford said th...
Taking a look at the weather satellite image, extensive cloud over Queensland and New South Wales is forming along a trough. Cloud from a low pressure system covers Victoria and Tasmania. There's also thick cloud over the Top End. Around the states n...
Firefighters in Western Australia are hoping better weather conditions today will help them get a huge bushfire under control. Towns in the Margaret River region have been under threat and 30 properties have been destroyed or damaged. Further south,...
Bushfire is still burning out of control near the West Australian town of Margaret River. At least 20 homes have been destroyed, more than 50 people have been evacuated. Firefighters are struggling to control the blaze, which started from a controlle...
And the US economy grew at a slower pace than previously estimated in the three months to the end of September. Revised figures from the US Commerce Department show that gross domestic product grew by two per cent. Now that's half of one per cent low...
A British inquiry has begun hearing evidence from victims of the phone-hacking scandal. Actor Hugh Grant told the inquiry that the Mail on Sunday, which is a paper not owned by Rupert Murdoch, may have hacked his phone. Earlier, Milly Dowler's parent...
The death toll from Egypt's weekend of violence has risen to five and up to 900 people have now been injured. Police have once again stormed Cairo's Tahrir Square using batons and firing tear gas to disperse protesters. The violence has now spread to...
In business, Optus has called for Telstra's proposals on its participation in the national broadband network to be blocked. Optus' chief executive Paul O'Sullivan says Telstra's current plan for the separation of its retail and wholesale arms wholesa...
Taking a look at the weather satellite image and the trough is triggering showers and thunderstorms,from western Australia to Victoria.Warm,* winds pushing into New South Wales ahead of the trough. In Queensland,a surface of trough will drift in the...
Kevin Rudd says Australia will not back away from closing military ties with America. The decision to allow US troops, ships and aircraft to use Australian bases has ruffled feathers in Beijing. The US President Barack Obama has now arrived in Bali f...
There are growing signs the uprising in Syria could be sliding into armed conflict. Army defectors have destroyed part of an air force base near the capital Damascus. Arab League nations meeting in Morocco have carried out their threat to suspend Syr...
And official figures show economic growth in the 17-nation eurozone has come to a virtual standstill. Eurozone economies grew by just 0.2 of one percent between July and September. Economists are predicting an even worse result in the final quarter....