AUSTRALIAN households are about to be swept up in the global credit crunch, with the major banks raising interest rates across the board in an effort to protect their profit margins.

QANTAS boss Geoff Dixon is in St Vincent's Private Hospital after major surgery - understood to be a heart bypass.

About 38,000 homes across Western Victoria were left without power during the past 24 hours.

A MAN in his mid-50s died near the deadlocked back door of his unit in Melbourne's north early today.

A MAN has been charged with murder after a woman died from a stab wound to the chest in north Queensland.

POLICE have praised Queensland New Year's Eve revellers as wild weather kept crowd numbers down.

AMBULANCE crews across Melbourne treated more than 850 people as stifling heat took its toll on New Year's Eve revellers.

Click Link to Listen to our Evening DailyFX Radio Points & amp; middot; US data salvages a fundamentally quiet session (Read more on Dol

A MAN in his mid-50s died near the deadlocked back door of his unit in Melbourne's north early today.

POLICE and SES volunteers have resumed their search for a woman missing for two days in the NSW northern tablelands.

New safety measures taking effect today will stop tourists climbing Uluru after 8:00am each morning for the rest of summer.

A leading sharemarket analysy says the Australian market is set for a roller-coaster ride in 2008 as heightened volatility continues to be a factor.

Shorting US dollars was one of the best trades of 2007. Ho

The US dollar showed minor signs of strength before heading into 2008 as the currency appreciated against most of its counterparts, except for the USD/JPY pair, due to an unexpected increase in Existi

AN unidentified person has died in a unit fire in Melbourne's north early today.

EUR/USD (Link to Fundamental and Technical Outlook)- Recoupling Could Mean the End to Dollar Weakness- US: Recession or No Recession?- How Much More Easing Can We Expect from the Federal Reserve? - D

While the Australian dollar managed to post a 23-year high against the US dollar in the early days of November, the currency pair fell from 94 cents to 87 cents by the end of the year, erasing much o

The New Zealand dollar & amp; rsquo;s price movements against the US dollar during the fourth quarter of 2007 were relatively placid compared to the quarter prior, when the NZD/USD whipped around in a