Investors in Australian hedge funds targeting asset classes outside equities made
gains during January after suffering significant falls during calendar 2008.

Australia's former prime minister John Howard has warned British Prime Minister
Gordon Brown that running up large debts to stave off Britain's recession will lead

The federal government says its emissions trading scheme is "no Ferrari" when it
comes to tackling climate change, but it's better than nothing.

A stroke of luck likened to "winning the lotto 100 times over" has saved the life of
a fisherman in cyclone-whipped seas off the central Queensland coast.

Manly rugby league star Brett Stewart has been charged with the sexual assault of a
teenager after a booze-fuelled season launch in Sydney last Friday.

Eric Bana added some Hollywood star power to Sydney's George Street on Monday,
stepping out for the world premiere of his new car documentary Love The Beast.

Sydney has dropped from 17th to 35th on an index of the most expensive cities in the
world.
The world's most expensive city is now in Asia, The Economist magazine's cost of

The NBL has launched an investigation into Melbourne centre Chris Anstey's
ill-tempered elbow on an opponent during the grand final series, with his fate

A northwest Queensland mine in receivership since last year has become the latest
resource firm to cut jobs with nearly 100 workers laid off.

The NRL has issued premiers Manly with a "please explain" over their alcohol-fuelled
season launch and has not ruled out taking action against the club.