Australia's banking sector will be more susceptible to big economic shocks as a result of lending losses from climate change, a new analysis suggests.The banking watchdog has been working with the banks to assess how climate risks will affect the nation's financial institutions.
Crews are working to free a pilot trapped in a helicopter after the aircraft crashed through the roof of a Melbourne home.The crash happened at Mentone in the city's southeast, where emergency services were called to Broome Avenue and Tylden Court on Wednesday about 1pm.
Spirit of Tasmania ferry operator TT-Line has appealed a court ruling that found them guilty of animal welfare law breaches over the deaths of 16 polo ponies.The horses, which travelled in a converted shipping container, died during a voyage across Bass Strait from Devonport in Tasmania to Melbourne on the night of January 28, 2018.
Victoria is being urged to follow the lead of NSW and withdraw millions of dollars worth of fines for breaking COVID-19 rules.Community legal centres YouthLaw and Inner Melbourne Community Legal say disadvantaged Victorians bore the brunt of 30,000 fines handed out while the state was under public health orders.
NSW Treasurer Matt Kean has fired shots at the Liberals' "party processes", saying its record on gender diversity is poor.His comments come after Roads Minister Natalie Ward failed to win a preselection contest in the northern Sydney seat of Davidson against former premier Mike Baird's ex-staffer Matt Cross earlier this week.
Cases of vaccine-resistant pneumonia are increasing despite the jab being included in routine childhood immunisations.A national study by the University of NSW and other research centres found the majority of 779 children admitted to hospital with pneumonia had been fully vaccinated.
"If you'll forgive me, I have this vague hope of achieving some sort of political immortality."So said Tony Abbott at the unveiling of the ex-prime minister's portrait by former newspaper cartoonist Johannes Leak at Parliament House in Canberra.
The dramas of the past were well and truly put to bed on Wednesday as Justin Langer embarked on a hug-fest with his former charges ahead of the first Test against West Indies.The ghosts of Langer's messy departure as Australia coach resurfaced last week following the airing of a podcast in which he expressed his frustration at how things panned out.
Asian shares have wobbled as investors remained cautious about China's path to reopening its economy after it released disappointing manufacturing data, with China and Hong Kong stocks wiping out strong gains from the previous day.MSCI's gauge of Asia Pacific stocks outside Japan was up 0.
A parliamentary inquiry into food security has been told Australian producers need to become more resilient as natural disasters and climate change continue to cause havoc.In the first public hearing for the inquiry the head of the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) said producers are already adapting to climate change.
Lawyers for former commando Heston Russell have questioned readers' "impression" of an article published by the ABC they say painted him as a war criminal.The article, published in November 2021, included claims of an investigation into an Australian platoon operating in Afghanistan as well as allegations by a US marine he indirectly witnessed Australian soldiers executing a hogtied prisoner.
Down on form but feeling upbeat, Minjee Lee is promising one last push as she eyes an elusive first Australian Open triumph to cap the most magnificent year of her career yet.With three missed cuts, and a tie for 33rd Lee's best result from her past seven starts, the world No.
A pregnant woman has suffered a heart attack after a teenage boy allegedly threw a rock at her in Perth's southern suburbs.Police allege the boy, 17, threw a rock at a car during a dispute in a shopping centre car park at Karawara on Tuesday night.
A woman who was extradited from South Korea this week after the bodies of her two children were found in abandoned suitcases has made her first court appearance in New Zealand.The 42-year-old has been charged with two counts of murder.
China has reported 37,828 new COVID-19 infections on November 29, of which 4288 were symptomatic and 33,540 were asymptomatic.That compares with 38,645 new cases a day earlier - 3624 symptomatic and 35,021 asymptomatic infections, which China counts separately.
Machar Kot had a big smile, a big heart and a contagious laugh.But nothing Anhial Kot says about him seems to be enough to describe the big brother she lost to knife violence in the Melbourne CBD in June 2020.
Australia have won the toss and will bat first in the opening Test of the summer against West Indies in Perth.Captain Pat Cummins showed no hesitation on an Optus Stadium wicket with plenty of grass left on the wicket to counteract the heat.
If Australia gets it right, it won't just be a renewable energy superpower as the world shifts from the industrial age to the electric age."It will be an electro-state superhero," former chief scientist Alan Finkel has told an industry summit.
Australia is swooping in for a larger share of the green aviation industry with the Queensland Government confirming it is seeking to dominate the market and has already held talks with airlines, energy firms and suppliers to secure its position.Queensland Deputy Premier Steven Miles revealed details of the roundtable involving Qantas, Virgin, Ampol, BP and other agencies on Wednesday, detailing the state's ambitions to become "the national leader" in a potential $3 billion industry.
New Zealand have won the toss and chosen to bowl in the third one-day international against India at Hagley Oval.The toss was delayed for 15 minutes on Wednesday while the covers were removed after light rain, but the match is threatened by heavier rain forecast later in the day.