Economic forecaster BIS Shrapnel is warning our export industries won't be competitive while the Australian dollar remains high. The organization's chief economist Doctor Frank Gilber says cutting costs and wages would do little to remedy the situati...
Tony Abbott has put spending cuts to health and education firmly on the government's agenda. The prime minister says the government will keep its pre-election commitment to maintain health and school spending his term, but he says reducing the rate o...
Thousands of people have gathered at candle-lit vigils around the country for the asylum seeker who was killed on Manus Island last week. Twenty-three-year-old Iranian man Reza Berati died during a violence at a detention centre last Monday. Immigrat...
Well, analysts say the staggering 19 billion dollars Facebook has paid for Whatsapps demonstrates its drive to remain innovated and fresh. The price, which will be paid in cash and stock, has stunned the Silicon Valley as Facebook moves to assert its...
A low pressure trough is generating showers and storms over central and southeastern Queensland. The monsoon trough over the tropics is producing thunder and showers. They'll be heaviest over the Gulf. Looking around the country now. Heavy rains and...
Up to 25 people have died in renewed clashes between riot police and protesters in Ukraine's capital Kiev. The Interior Ministry says protesters have taken dozens of police hostage. The violence erupted again just hours after a truce was declared. Th...
Health Minister Peter Dutton has flagged he wants to overhaul medicare. Mr. Dutton has suggested those people who can afford to pay more for health services should do so. The minister says the current system is unsustainable and there needs to be a f...
BHP has surprised the markets, almost doubling its half-year profit. Net profit for six months to December reached nine billion dollars. That's an 83 percent jump on the previous period. Now it's good news for the company's Chief Executive Andrew Mac...
Immigration Minister Scott Morrison has confirmed today that there's been a more serious incident at the detention centre on Manus Island. The minister says all non-essential staffs have been evacuated as a pre-caution. He says a group of asylum-seek...
The Department of Immigration has confirmed that there has been a disturbance at the Manus Island detention centre in Papua New Guinea. Immigration Minister Scott Morrison says there are reports that some asylum seekers have been arrested. He says th...
The Australian sharemarket has posted its biggest weekly gain in more than two years. The All Ordinaries index added 0.9 percent, as did the ASX 200 index. Across the region, investors have focused on some stable Chinese inflation figures for January...
Lows and an associated trough are causing areas of rain over New South Wales and Victoria, heaviest in the east with gusty storms over parts of South Australia. An area of low pressure over the tropics is triggering a few showers and storms. Taking a...
Shocked Tyabb residents have held a vigil for 11-year-old Luke Batty. The boy was killed by his father at a cricket oval southeast of Melbourne. Police fatally shot the 54-year-old when he launched at them with a knife. Doctors are calling for more f...
A man shot by police after his 12-year-old son was killed at a sports field near Melbourne has now died in hospital. The boy was found dead from head injuries at the oval in Tyabb yesterday. Police tried to subdue his father with capsicum spray(辣椒喷...
The new head of the US Federal Reserve Janet Yellen says the Central Bank expects to continue trimming stimulus measures despite a stubbornly high jobless rate. The unemployment rate is coming down, but Ms.Yellen says a labor market recovery is far f...
