Budget 09

The National Government announced its first budget for ten years today against the backdrop of a black economic global forecast; its projections include a decade of deficits against a background of shrinking growth, falling revenue and higher borrowing.

Promised tax cuts have file to materialise, but the short-term belt tightening will pay off in the long run, according to Finance Minister Bill English.

Budget - Full Coverage

SPECIAL REPORT: In eastern Europe, people pine for socialism

BELENE, Bulgaria (Reuters) - In the dense forests of the idyllic Danube island of Persin, home to the endangered sea eagle and the pygmy cormorant, lie the ghastly remains of a communist-era death camp.

November 8, 2009, 11:25 am
  • Graffiti crackdown 'window dressing'

    New laws to crack down on graffiti vandals are merely window dressing and won't work, the NSW opposition says.

    November 8, 2009, 11:19 am
  • Govt promises energy efficient offices

    The federal government says it is on the way to ensuring all of its office buildings have five-star greenhouse ratings.

    November 8, 2009, 11:19 am
  • U.S. House Democrats confident on healthcare vote

    WASHINGTON (Reuters) - The U.S. House of Representatives headed to a final vote on a sweeping healthcare overhaul on Saturday, with Democratic leaders confident they can secure the 218 votes needed for a narrow victory.

    November 8, 2009, 11:11 am
  • Ground broken for Flight 93 memorial

    US Interior Secretary Ken Salazar and 39 relatives of United Flight 93 victims turned shovels of dirt at a groundbreaking ceremony for a national memorial.

    November 8, 2009, 11:05 am
  • We can still have own ETS: Xenophon

    Climate change negotiations in Copenhagen shouldn't stop Australia designing a scheme that is best suited for the economy, Nick Xenophon says.

    November 8, 2009, 10:55 am
  • Haiti's new prime minister wins confirmation

    PORT-AU-PRINCE (Reuters) - The lower house of Haiti's parliament confirmed Jean-Max Bellerive as prime minister on Saturday, clearing the way for the economist and veteran politician to form a new government.

    November 8, 2009, 10:53 am
  • Qld teachers win top pay rise

    Queensland teachers have won a pay rise that places them among Australia's highest paid but will cost the Queensland government $1 billion over three years.

    November 8, 2009, 10:23 am
  • Send Oceanic Viking to Sri Lanka: Joyce

    An Australian customs ship holding 78 asylum seekers off Indonesia should be sent to Sri Lanka, where its passengers are from, Barnaby Joyce says.

    November 8, 2009, 10:19 am
  • Maori Party backers happy with coalition

    More than two thirds of Maori Party supporters believe the party did the right thing in joining the National government coalition following last year's General Election, according to a survey.

    November 8, 2009, 10:15 am
  • Lobby group says it fears more rail line closures

    A rail lobby group says it fears more line closures will follow the mothballing of the Taranaki-King Country rail line.

    November 8, 2009, 10:12 am
  • Martin Place cenotaph heritage listed

    The cenotaph in Sydney's Martin Place is to be placed on the NSW heritage list.

    November 8, 2009, 10:02 am
  • Tropical storm 'Ida' gains strength in Caribbean

    MIAMI (AFP) - Mexico's government issued a hurricane warning on Saturday as a strengthening tropical storm Ida bore down on the country's Yucatan peninsula.

    November 8, 2009, 9:54 am
  • Isolation ends for thousands in NSW

    Emergency services are helping residents on the NSW mid-north coast mop up after torrential rain, as 200 people remain cut off by floodwater.

    November 8, 2009, 9:43 am
  • Party pill campaigner welcomes decision on DMAA

    A party pill activist says he's delighted the Government has decided against banning the party pill ingredient DMAA.

    November 8, 2009, 9:08 am
  • Asset sell-off, says Labour

    Labour believes the Government is quietly clearing the way for a massive sell-off of Auckland's assets.

    November 8, 2009, 9:02 am
  • Obama pleads for health care overhaul, vote looms

    WASHINGTON (AFP) - President Barack Obama, fighting for his top domestic priority, urged fellow Democrats in the House of Representatives to "vote yes" Saturday on the broadest US health care overhaul in a half-century.

    November 8, 2009, 8:54 am
  • Three killed in Andorra bridge collapse

    ANDORRA LA VELLA (AFP) - A bridge collapse in Andorra Saturday killed at least three workers, left seven badly hurt and one missing, feared buried under the rubble, the government said.

    November 8, 2009, 8:14 am
  • NATO 'friendly' strike kills Afghan security personnel

    KABUL (AFP) - Seven Afghan security personnel were killed in a mis-targeted NATO air strike in the remote northwest, the defence ministry said Saturday, signalling further trouble for a fraying Western military effort.

    November 8, 2009, 8:06 am
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