Top Stories

PM finally bows to finance sector inquiry (AAP)

Prime Minister Malcolm Turnbull has given in to widespread calls for a royal commission into the financial sector, announcing a 12 month inquiry.

Freedom Foods shares up on FY18 guidance (AAP)

Freedom Foods has upgraded its sales guidance to between $360 million and $380 million, from between $340 million and $360 million, for the 2018 financial year.

Concerns Murray reforms could be weakened (AAP)

A report into the mismanagement of Murray-Darling Basin water distribution has raised concerns recommendations to resolve the problems could be delayed.

Dastyari to face Senate over China scandal (AAP)

The Senate has passed a motion forcing Sam Dastyari to explain his links with Chinese political donors.

Work at NT Inpex site stops after man dies (AAP)

Inpex has halted construction at its Darwin gas plant following the "tragic" death of a 56-year-old worker overnight as his colleagues receive counselling.

Gender patients won't need court order (AAP)

Young Australians seeking treatment for gender transition will no longer have to seek court approval to receive hormones.

Murder accused schizophrenic, lawyer says (AAP)

A man who allegedly shot a woman and dumped her at a hospital suffers from schizophrenia, his lawyer says.

Fortescue looks to diversify under new CEO (AAP)

Fortescue Metals Group's chief financial officer Elizabeth Gaines will replace Nev Power as chief executive when he steps down in February.

ALP 'extremely confident' in Macalister (AAP)

Queensland Labor believes it will win the newly formed seat of Macalister as independent Hetty Johnston looks set to lose in her bid against the major parties.

Accused cocaine smugglers face Vic court (AAP)

Two Mexican men charged with importing 300kg of cocaine into Melbourne have appeared in court.

Cream sunscreen and skin bug products best (AAP)

The Cancer Council is not recommending Australians use aerosol sunscreens this summer, while a mosquito expert says some insect-repellent tools are "gimmicks".

Capsized trawler that claimed the lives of six fishermen to be raised from ocean floor (AAP)

Trial to protect cyclists begins in WA (AAP)

A two-year trial of laws requiring West Australian motorists to leave a minimum safe passing gap for cyclists has begun.

Union-probe element to royal commission (AAP)

A senior Liberal says one aspect of the banking royal commission will examine how unions benefit from superannuation funds.

Strip search of Vic inmates 'degrading' (AAP)

Victoria's women prisoners, including pregnant inmates, are routinely subject to "humiliating" strip searches, the state's Ombudsman says.

Coopers opens $65 million plant in SA (AAP)

Coopers, one of the largest Australian-owned beer companies, has opened a $65 million malting plant in Adelaide.

Labor in factional brawl over Qld Treasury (AAP)

A factional brawl has erupted within the Queensland Labor government as the Right and Left sides of caucus battle over who will replace Treasurer Curtis Pitt.

Nicholls still holding out in Qld election (AAP)

LNP leader Tim Nicholls says he's "not conceding anything" despite Labor closing in on victory in the Queensland election.

Children scream at men who used lollies in attempt to abduct girl from park (AAP)

Pair try to snatch five-year-old off her tricycle before her young friends scream for her release.

ACT assembly checks senator's eligibility (AAP)

An ACT Legislative Assembly committee will examine Labor senator Katy Gallagher's citizenship status after the High Court's ruling dual citizens cannot be MPs.

Dairy sector needs code of conduct: ACCC (AAP)

The ACCC says the dairy sector needs a mandatory code of conduct to strengthen the bargaining power of farmers.

NT team Canberra-bound for inquiry talks (AAP)

An NT government team is heading to Canberra for talks about co-funding the implementation of the youth justice royal commission recommendations.

Building approvals surprise in October (AAP)

Building approvals rose 0.9 per cent in October, against market expectations of a 1.0 per cent decline, figures from the Australian Bureau of Statistics showed.

Worker killed in South Aust silo accident (AAP)

A worker has been crushed to death in a silo accident on South Australia's Eyre Peninsula.

Bernardi wants nuke power plant ban lifted (AAP)

Senator Cory Bernardi believes lifting the ban on nuclear power plants would cause an economic bonanza for uranium-rich South Australia.

Need for Vitamin D in pregnancy not proven (AAP)

Canadian researchers have called for large new trials to determine whether levels of vitamin D have an effect on maternal issues in pregnancy.

Tabcorp, CrownBet to settle differences (AAP)

TabCorp and CrownBet have settled differences over the $11 billion merger between the former and Tatts Group.

WA MP Urban fails to answer CV questions (AAP)

WA MP Barry Urban has finally faced parliament over his CV scandal, but failed to clarify aspects of his military service history and education.

ASX down on finance sector probe (AAP)

Australian shares have recouped some of their morning losses but are still lower following the announcement of royal commission into the financial sector.

Sunken trawler to be raised from Qld sea (AAP)

A fishing trawler will be raised from the ocean floor after it capsized off the Queensland coast in October, claiming the lives of six men.

Planet F1

'Bottas is Champion material'

Valtteri Bottas will one day fight for a F1 Drivers' Championship title, that's according to Williams' Pat Symonds...

McLaren title sponsorship a 'privilege'

Having spent last season without a title sponsor, McLaren are keen to secure one for 2015 but won't sell it for any price...

New management for Silverstone

A new management team is in charge at Silverstone after the previous powers-that-be were suspended...

Maldonado: Fans' criticism does not matter

Pastor Maldonado is adamant he won't let criticism from fans, saying it "doesn't matter" what naysayers think about him...

Nico wishes 'old' Lewis happy birthday

As Lewis Hamilton celebrated his 30th birthday on Wednesday, the Brit was sent cheeky wishes by his Mercedes team-mate Nico Rosberg...

Honda wants fair and competitive F1

Honda claims that it only wants "fair competition" after McLaren contacted the FIA with regards to a loophole in the rules that may benefit their rivals...

Haas to follow 'Nascar model'

Gene Haas believes the collapse of Marussia and Caterham due to financial struggled will spell the end of an era for Formula One...

'Alonso more adaptable than Kimi'

Fernando Alonso is a more adaptable driver than Kimi Raikkonen, according to Ferrari's recently-ousted technical chief Pat Fry...

Korean GP dropped from F1 calendar

The Korean Grand Prix has been formally removed from the race calendar for the 2015 season, despite its shock inclusion at the end of last year due to contractual reasons...

'Talent not name secured Sainz Jr's drive'

Carlos Sainz says it is his son's "exceptional talent" and not his name that has seen him secure a Formula 1 race-seat for the 2015 season...

Time running out for Caterham

The clock is yet again running against Caterham who have until the end of January to find a buyer for the beleaguered Formula 1 team...

Only 'slim hope' remains for Marussia

Despite having the "attractive element" of £40m in prize money, John Booth concedes Marussia's chances of racing in 2015 are slim at best...

McLaren-Honda question engine ruling

An "annoyed" McLaren-Honda have questioned the FIA's ruling that all engine manufacturers, excluding Honda, can update their engines in 2015...

Former driver Beltoise dies at 77

Jean-Pierre Beltoise, a former Formula One driver who won the Monaco Grand Prix in 1972, has died after a double stroke...

Wolff handed pre-season run

Susie Wolff has confirmed she will run during pre-season testing, putting the new FW32 through its paces at the Barcelona circuit...

Engineer Robson heads to Williams

Jenson Button's race engineer Dave Robson is off to Williams this season where he will fill that same role for Felipe Massa...

Staff changes blamed for Lotus slump

Alain Permane has blamed the loss of "quite a lot of people" for Lotus' slump in form during the 2014 season...

Sauber trio bringing in the money

Sauber's all-new driver line-up is reportedly worth an estimated 50 million to the Formula 1 team...

Failed return cost Marussia

Marussia's attempts to return to the 2014 F1 grid were scuppered when a key investor withdrew at the last minute, leaving the team with more debt...

Horner: Deficit bigger than expected

Christian Horner admits he was shocked by Renault's deficit to Mercedes in terms of performance throughout last year's Championship...

Wolff: Don't discount Ferrari

Toto Wolff has warned against writing off Ferrari in 2015, saying the Scuderia have the ability and the driver needed to bounce back...

JV: Williams form better than expected

Despite predicting in 2013 that it was "over" for Williams, Jacques Villenueve has now applauded their climb back to the sharp end of the grid...

Loophole allows engine development

A loophole in F1's regulations is set to allow Ferrari, Renault and Mercedes to develop their engines throughout the 2015 season...

Max: I'm a driver, not a magician

Preparing for his debut season in F1, Max Verstappen says his first aim is to finish grands prix after which he'll be chasing points...

'Bottas is Williams' future'

Claire Williams has hailed Valtteri Bottas as the future of Williams, confident the driver is "one of the brightest stars" in F1...

CNET Australia