Last Top Stories: 'Grey swan' cyclone could put Cairns 5.7m underwater

'Grey swan' cyclone could put Cairns 5.7m underwater

Scientists have calculated that a direct hit on Cairns from a big cyclone is possible and could see the city in deeper water than anyone had predicted. Parts of Cairns might see a nearly six-metre storm surge if it takes a direct hit from a big cyclone ... >> view original

Man to be sentenced Cairns Airport scare

A man accused of causing a security scare at Cairns Airport by dousing himself in flammable liquid and threatening to set himself alight is set to be sentenced. South Korean Hanback Chae was charged with one count of acts of violence at an airport ... >> view original

Gordon Cairns' path to enlightenment could be a long one for Woolies investors

If Woolworths investors felt a warm inner glow envelop them last night it might just have been the peace and serenity being projected by their newly appointed chairman – Tibetan meditation guru, Gordon Cairns. His serenity took the chairmanship from ... >> view original

Qantas lifts passenger numbers

Passenger numbers are on the rise at Qantas, with a solid increase in overseas travellers. The airline lifted total passenger numbers by 2.1 per cent during July. Driving the result was a 5.3 per cent rise in Qantas (QAN) international passenger ... >> view original

Capital home prices rise 0.3% in Aug

Dwelling prices have risen an average of just 0.3 per cent in Australia's capital cities, to be up by 10.2 per cent from this time last year. August's result from CoreLogic RP Data, released on Tuesday, came in a little below the 0.5 per cent monthly ... >> view original

Wine boss' annual pay hits $4.5m

THE head of Penfolds maker Treasury Wine Estates earned almost $4.5 million in his first full year in the job. MICHAEL Clarke's base salary of $1.7 million was topped up with a $1.5 million cash bonus, and he could earn another $1 million in shares as ... >> view original

RBA leaves cash rate on hold

The Reserve Bank of Australia on Tuesday left the cash rate at its record low 2 per cent for the fourth month in a row. The board's decision was universally expected. But with the announcement, the Australian dollar spiked about one-fifth of a US cent ... >> view original

Aust stocks softer after RBA hold

The Australian sharemarket is down by more than 1 per cent amid a broad-based sell off across Asian sharemarkets and after the Reserve Bank board held interest rates steady at 2 per cent. Weak manufacturing data out of China sparked a sell-off on Asian ... >> view original

Another mine bites the dust in Australia's struggling coal sector

Australia's struggling coal sector has taken another blow, with the announcement that a long-standing mine in the Illawarra region will shut, at the expense of more than 80 jobs. The 128-year-old Russell Vale colliery is set to close, after its ASX ... >> view original

Australia's current account deficit blows out by 41 per cent while net debt ...

Australia's trade position has collapsed dramatically, with the June quarter current account deficit blowing out 41 per cent to $19 billion. The market had been expecting a deficit to widen from the previous quarter's $13.5 billion, but the $5.5 ... >> view original