Turnbull brings a green tinge to Libs

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Green groups are cautiously celebrating the elevation of Malcolm Turnbull to the Liberal leadership, saying he could "green up" the party's climate change policy.

Banks face $145m exposure to Lehman

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Australia's big five banks could have a combined exposure to Wall Street's bankrupt Lehman Brothers Holdings Ltd of around $145 million.

Lehman bankruptcy impacts 130 local jobs

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The collapse of Wall Street investment bank Lehman Brothers Holdings Ltd could affect 130 jobs at its Australian arm but National Australia Bank Ltd and Macquarie Bank Ltd say their exposure to the

Francis secures Paralympics track treble

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Triple Paralympian Heath Francis has secured his third gold medal of the Beijing Games with a 100m victory he says was helped by "a little bit of luck".

`Cat empire` sounds cool to Thompson

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Geelong coach Mark Thompson is focused on creating a dynasty at the AFL club, but says it's premature to bestow greatness on it yet.

Cleric guilty of leading a terror group

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Radical Muslim cleric Abdul Nacer Benbrika has become Australia's first convicted terrorist leader after a marathon trial was told of his plans to cause mass casualties at landmark Melbourne sites.

Xenophon to oppose Medicare bill

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Independent senator Nick Xenophon says he will not support the federal government's proposed increase to the Medicare surcharge levy income threshold.

Nelson to call spill of Libs leadership

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Opposition Leader Brendan Nelson said he would be calling a spill of the leadership of the Liberal party on Tuesday morning.

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