THE dollar is expected to remain above US90c for the rest of 2008, but analysts have retraced expectations for the currency to hit parity.

STEEl company ArcelorMittal has increased its stake in miner Macarthur Coal Ltd to 19.9 per cent by buying shares from another stakeholder as part of a strategy to safeguard its raw materials supply.

QUEENSLAND Premier Anna Bligh says she is confident Australian authorities will meet a deadline set by a US court to extradite Jayant Patel.

TWO woman escaped serious injury when a freight train hit their car at a level crossing in north Queensland.

QUEENSLAND Premier Anna Bligh says she feels for the family of state MP Pat Purcell, whose youngest son will today face drug charges.

TWO taxi drivers have been assaulted by a group of three men in what police have labelled a cowardly attack.

THE eBay auction for lovelorn Ian Usher's life has ended with a winning bid of $399,300, well below the $500,000 he was hoping for.

NATIONAL Australia Bank has called on the government to cut taxes on bank deposits to reduce its funding costs, as it forecast global credit market turmoil to continue until late 2009.

NEWCREST Mining says it has secured sufficient gas supplies to maintain full production at its flagship Telfer gold mine in Western Australia after an explosion cut supply from Varanus Island earlier this month.

WAYNE Swan says relief against rising petrol and living costs is near as the Government prepares to dip into the Treasury's tax wallet.

THE cost of oil briefly hit $US142.99 a barrel overnight before a record close in New York above $US140.

THE Australian share market is facing its worst fiscal year performance in 26 years after it slid again and world markets fell.

WALL Street investors endured fresh losses today in the face of a continued rally in world oil prices which briefly shot past $US142 dollars a barrel.

THE Federal Opposition wants a national environmental emergency declared in the lower lakes region of the River Murray in South Australia so struggling farmers can get financial aid.

Monster Energy Kawasaki’s James Stewart brought his 2008 moto record to a perfect 10 en route to winning his fifth consecutive race of the AMA Toyota Motocross Championship Presented by FMF and the...

Team Shift Motul Suzuki’s Matt Moss beat several of Australia’s best motocross racers today to take the win of both NSW Lites and NSW Open at the opening round of the Rockstar Energy Drink NSW MX...

SUPERMARKET shoppers will pay between 10 and 25 cents for every plastic bag they use when levies are trialled in a few weeks in Victoria.

RICHMOND AFL footballer Graham Polak is in a critical but stable condition after being hit by a tram in Melbourne last night.

SURGEON Jayant Patel will remain behind bars after losing his bid for bail today, but Australia has been given a deadline to extradite him.

ALMOST half of all pregnant teenagers in Queensland continue to smoke during thier pregnancy, new statistics reveal