Banks profits to remain subdued: ANZ chief

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SYDNEY (AAP) - Profits for Australia's banks will remain subdued over the next two years, ANZ Banking Group chief executive Mike Smith says.

Vic farmers happy with their budget lot

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SYDNEY (AAP) - Farmers say they've scored major wins in the Victorian budget, led by a funding boost to fix deteriorating country roads and bridges.

21,000 homes lose power in southeast Qld

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SYDNEY (AAP) - Electricity crews have worked to restore power to more than 21,000 homes and businesses affected by widespread storms that swept through southeast Queensland on Tuesday afternoon.

New chiefs for ASIC, ACCC named

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SYDNEY (AAP) - The federal government has named two new bosses for the nation's competition and corporate watchdogs.

Bali on alert as Indon tightens security

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SYDNEY (AAP) - Security has been boosted across Indonesia, including in Bali, the scene of the country's most devastating terrorist attack, amid an increased threat of reprisals against Western tar

Fitzgibbons to amp up surf title challenge

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SYDNEY (AAP) - Australian surfer Sally Fitzgibbons is ready to take command of the ASP world title race with victory at the Beachley Classic starting on Tuesday on Sydney's northern beaches.

Blues clear Murphy for Saints game

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SYDNEY (AAP) - Carlton are confident midfielder Marc Murphy will be available for next Monday night's AFL clash with St Kilda.

Lockyer in sight of record

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SYDNEY (AAP) The way New Zealand coach Stephen Kearney sees it, an Australian won't be taking over Kiwi legend Ruben Wiki's record for most Test matches.

IMF worries about overheating in Asia

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SYDNEY (AAP) - International Monetary Fund officials have warned a favourable growth outlook for Asia is being complicated by pockets of overheating and called for tighter monetary policy across th

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