Islands want UN to see climate as threat

THE Marshall Islands and other low-lying island nations have appealed to the UN Security Council to recognise climate change as an international security threat that jeopardises their very survival. Tony deBrum, a minister and assistant to the...

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German financier named new Vatican banker

Pope Benedict XVI has named a German financier (pic) as head of the Vatican's embattled bank. Source: AAP POPE Benedict XVI has named a German financier as head of its scandal-hit bank to help overhaul the Vatican, but the news was overshadowed...

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Vic Labor MP quits politics

FORMER senior Victorian Labor minister Tim Holding, once touted as a possible future leader, has quit politics, forcing a by-election. Mr Holding announced his retirement from politics on Friday, becoming the third former Labor minister to retire...

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Sims takes $430m in writedowns

THE world's largest recycler Sims Metal Management has revealed more than $430 million in writedowns, setting itself up to post a massive first half loss. The writedowns are connected to possible fraud and the poor performance of the business....

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PNG court denies order for refugee ban

LAWYERS challenging the constitutionality of the Australian-run detention centre on Manus Island have been granted permission by a Papua New Guinea court to visit the facility and interview detainees. PNG's court of human rights, a division of...

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GPT committed to pursuing Australand deal

PROPERTY group GPT is continuing to pursue rival Australand in a bid to diversify its asset mix. GPT made a $3 billion takeover offer for two thirds of rival Australand's businesses last December, but was rebuffed. Unveiling GPT's full-year earnings,...

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Katter party is 'homophobic': member

A DAMAGING rift in the Katter party over its stance towards gay people is widening, with a member criticising its "homophobic image". Terri Bell says Katter's Australian Party (KAP) should have scolded suspended member Bernard Gaynor for saying...

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Qld AG may fight serial rapist's release

QUEENSLAND'S Attorney-General will consider appealing the decision to release a serial rapist, who a child protection advocate says will "snap" and reoffend within a year. Hetty Johnston says Brisbane Supreme Court Justice Debbie Mullins' decision...

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Aus Post sends 1bn fewer letters than 2008

THE nation's posties will deliver a billion fewer letters this financial year than they did five years ago. But they're handling a lot more parcels as people do more shopping online, a parliamentary hearing has been told. Australia Post chief...

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Gas to Gove deal not enough, analyst says

THE benefits of an NT government proposal to shore up the Rio Tinto group's Gove alumina refinery with a gas supply deal, in a bid to save the outback town of Nhulunbuy, might not flow soon enough for the resources giant. The NT government's offer...

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Hobbit documents release almost certain

The NZ government is likely to release details about the deal it struck to secure the Hobbit series. Source: AAP THE Kiwi government is almost certain to release confidential documents about the deal it struck to ensure the Hobbit movies were...

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Gotye takes three Grammys

Gotye has won the Grammys for Best Alternative Music Album and Best Pop Duo/Group Performance. Source: AAP IT was hard to tell what Wally De Backer was more excited about. His three Grammy haul or the fact his childhood idol, Prince, presented...

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Perth residents endure another heat wave

PERTH is officially in a heat wave with temperatures expected to hover around 40 degrees for the next few days. A maximum of 41 degrees was forecast for the city on Sunday, with the mercury expected to remain that high on Monday and Tuesday. ...

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Wind blows kite surfers onto Qld cliff

KITE surfing combines aspects of wakeboarding, windsurfing, surfing and paragliding but two men have unintentionally added rock climbing to that mix in southern Queensland. Two kite surfers were on the water off Teewah Beach, north of Noosa,...

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