More than a year after his election, Tony Abbott's signature paid parental leave policy has stalled with Treasury officials admitting in estimates hearings that no progress has been made with states on who is to pay for aspects of the controversial scheme. The admission suggests the policy, loathed by virtually every minister in cabinet according to senior figures, could be trimmed for a second time since the election to make it less objectionable to big business and less costly to a cash-strapped budget.
It was television news that changed the world, forced wealthy Western audiences in their living rooms to confront pitiful, starving African children and drove Irish rocker Bob Geldof on a quest to end poverty.
Local shares are poised to open lower as US stocks retreated on concerns about Boeing and shootings in Canada's capital.
The intellectual rigour of the most complex high school mathematics does not daunt the students at Sydney Girls High School.
An Australian light aircraft flying from Darwin has been forced to land by two Sukhoi fighter jets because it was in Indonesian airspace without permission.
Origin Energy chief executive Grant King has flagged expectations for "significant growth in earnings" in the 2015-16 year and beyond, but has pointed to a lower contribution this year from oil and gas production.
Telstra is aiming to make its relaunched eHealth division one of the company's top revenue generators within five years.
The head of the corporate regulator has backed away from comments he made that described Australia as a 'paradise' for white-collar criminals.
Australia’s financial regulator has completed a “comprehensive” stress test of the biggest banks and believes lending standards are being stretched because major banks are competing aggressively on home loans.