Air Chief Marshal Angus Houston says it's too early to say what effect the financial crisis will have on the Defence Force.
Defence chief flags mixed effects from global crisis
The Chief of the Australian Defence Force says it is too early to say what impact the global financial crisis will have on his running costs.
Air Chief Marshal Angus Houston says the global financial turmoil has seen the price of oil drop to $US50 a barrel, meaning the running costs for the Defence Force are down.
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Batten down the hatches
Emergency services are gearing up for what could be a hectic weekend in SE Queensland, with more storms forecast to hit.
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'Shameful and humiliating'
Thousands in Baghdad are in a mass prayer called by cleric Moqtada al-Sadr to protest against a US-Iraqi security pact.
- Author Malouf wins Aust-Asia Literary prize
- Only 19,000 China quake victims identified
- Teen gets 169 years for racist killings: report
- Somali pirates build up defences after ransom demand
- Russian MPs vote for longer presidency
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Madonna, Ritchie granted divorce
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Katich keeps Australia afloat
- Capitals stay top with win over Flames
- Spirit steal tight win over 36ers
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Victory take spoils against Mariners
- Two injured after emergency plane landing
- Warriors winger Crockett has rape charges dismissed
- Bulls make strong start to chase
- Kosmina calls up Fyfe for Adelaide clash
- Ambulance phone operators begin strikes
Video
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Australia's highest Muslim authority has defended the practice of polygamy.
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A new ad campaign has been launched targeting teen binge drinking ahead of schoolies week.
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'Like a heap of jets': The central Queensland coal mining town of Blackwater has been battered in a storm.
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'Tears of joy': The family of murder victim Caroline Byrne hails Gordon Wood's guilty verdict.
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Atlantis rising: Explosion of excess at the opening of a $2.4 billion mega-hotel in Dubai.
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'Huge relief': Caroline Byrne's former boss, June Dally-Watkins, on the Gordon Wood verdict.
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Look back at the 13 years leading to the guilty verdict against Gordon Wood.
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Mount Isa's Mayor awarded Golden Ernie for sexist remarks.
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Half Light: A major new exhibition charts 50 years of work by Indigenous photographers.
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The Government has begun delivering on its promise to improve the lot of Kokoda Track locals, reopening a health clinic.
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Anger in Russia as the trial of three men over the murder of Kremlin critic Anna Politkovskaya is closed to the public.
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First cut: A balcony has collapsed in Brisbane, injuring a group of mothers at end of Year 12 celebrations.
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Cadel Evans talks about his Tour de France preparations, the possibility of racing Lance Armstrong and drug cheats in cycling.
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Former Guantanamo detainee David Hicks has broken his silence.
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Flood emergency: A woman has died in the fierce storms that have again swamped south-east Qld.
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'I probably am an idiot': A student was stranded for hours overnight after trying to cross a flooding Qld bridge.
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The RBA Governor says Australians should remain quietly confident about the economy.
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Al Qaeda has branded Barack Obama a 'house negro' in its first video message since the US election.
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Westpac warns there is a decent chance of a recession in the first half of next year.
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Locals are reeling after a father and his two young sons drowned during a fishing trip on the NSW south coast.
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Photographer Henry Diltz's work adorns some of the most famous album covers. Kirstin Murray reports on the man behind the pictures.
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Families are worried about child care shortages after the collapse of CFK.
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Families and servicemen remembered the 645 men who died at the HMAS Sydney sinking site.
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Researchers say a vitamin tablet can help protect against skin cancer.
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HealthWatch with Sophie Scott: Scientists are trying to create a vaccine against skin cancer.
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Lost in space: Tool bag drifts into the void during a nearly seven-hour spacewalk to repair the International Space Station.
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High seize: A hijacked Saudi supertanker carrying $US100m of oil has anchored off a notorious Somali pirate port.
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'Learning adventures': The stars of Baz Luhrmann's Australia hit the red carpet for the film's world premiere in Sydney.
Audio
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PM: The Federal Government has announced it will not be tailing Japan's whalers in the Southern Ocean this summer with its own ship.
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AM: Karen Barlow reports the Mount Isa mayor has won the sexism prize of the Gold Ernie for his 'beauty-disadvantaged' comments.
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News Online: Lawyer David McLeod says his client David Hicks has had a difficult time since his release from prison.
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PM: Nicole Butler reports another wild storm has wrought havoc in Brisbane, with the severe weather taking another life.
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PM: Jewish and Islamic groups are trying to block the British National Party leader's entry here, saying he could incite racial and religious hatred.
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News Online: Some rare good news for the automotive industry, with car maker Ford reversing a decision to close its Geelong manufacturing plant.
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News Audio: Ipswich Mayor Paul Pisasale says the areas affected by last night's storm are as bad as the 1974 floods.
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PM: Annie Guest reports the Qld Govt has launched a task force to help the recovery of storm-ravaged Brisbane.
Features and Analysis
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Insurers weather storms
As Qld's storm victims call their insurers for help, the sector has revealed it was well prepared to deal with the disaster.
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Local piracy fears
The Maritime Union is worried recent attacks by Somalian pirates will encourage pirates in the Indonesian shipping lanes.
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Consumer confidence down
Research has shown a drop in consumer confidence ahead of the peak Christmas period.
100pc proof?
News at a Glance
Browse a collection of headlines from across our popular sections.
Or alternatively, view our tag directory for a comprehensive list of subjects.
World
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'Shameful and humiliating'
Thousands in Baghdad are in a mass prayer called by cleric Moqtada al-Sadr to protest against a US-Iraqi security pact.
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Pirates' hauls prompt fears for Aussie seafarers
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UK to overhaul prostitution laws
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Disgruntled customers turning to green banks
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Growing numbers convert to Islam in PNG
Tony and the AM team have reached New York - the final stop on the Three Men in a Car tour. More
For what it's worth
Sport
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Australia under pressure
Australia struggled to 6 for 131 at stumps on day two of the first Test against New Zealand, an overall lead of 189.
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Victory take spoils against Mariners
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Kangaroos lose Price for Cup final
- Warriors winger Crockett has rape charges dismissed
- Spirit steal tight win over 36ers
There are reports tennis great Boris Becker has been sensationally dumped by text message by his fiancee. More
Bitter blow
Entertainment
- Ross escapes sacking after BBC scandal
- Author Malouf wins Aust-Asia Literary prize
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Madonna, Ritchie granted divorce
- Ashlee Simpson-Wentz gives birth: report
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Ledger family distances itself from biography claims
Ashlee Simpson-Wentz has reportedly given birth to a baby boy. More
Take a jump to the left, and then move on over because MM's taking on The Rocky Horror Picture Show. More
Giant sale
Offbeat
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'Tribute to women' breast implant raffle axed
A Spanish nightclub has scrapped plans to stage a raffle for breast enlargement surgery after an uproar over the event.
Photos
Thousands of people pray during a rally in al-Firdous square in Baghdad on November 21, 2008. Iraqi forces shut streets in Baghdad and placed snipers on rooftops before the protest by followers of cleric Moqtada al-Sadr against a pact allowing US troops to remain for three more years.
Regional News
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News
Wood verdict
A jury has found Gordon Wood guilty of murdering his girlfriend, Caroline Byrne, in 1995.
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Entertainment
Cannibal convict
A new documentary sheds light on a grotesque chapter in Tasmania's history.
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Listen
First Test
Australia's Mitchell Johnson speaks to Grandstand after taking four wickets against New Zealand.
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Feature
Shock ads
Doubts have been cast over the effectiveness of a new anti-binge drinking campaign.
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Watch
The Ernies
Mount Isa's Mayor has been awarded the Golden Ernie for the most sexist public comment of the year.
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Feature
ET on ice
Scientists say huge glaciers found on Mars are an encouraging sign of extra-terrestrial life.
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Gallery
SE Qld flooding
Photos of flooded streets and storm damage caused by more wild weather.
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News
Offbeat tag
Keep up with the latest weird stories using our offbeat tag page.
Best of abc.net.au
The permanent uncle
A cult led by a one-eyed paedophile carried out torture for the Pinochet regime.
News diary
- Saturday:
- First Test: Australia v NZ continues - Brisbane
- Rugby League World Cup final: Australia v NZ - Brisbane (7:55pm AEDT)
- Sunday:
- Wallabies v France - Stade de France, Paris (7am AEDT)
Acting Prime Minister Julia Gillard and the panel analyse the Rudd Government’s first year in office.
Lion Nathan CEO Rob Murray talks about his $8 billion bid for Coca-Cola Amatil.
It appears British consumers are becoming increasingly fixated with how far their food and drink has travelled.
Handwashing: Doctors say something as simple as handwashing could save the lives of thousands of kids around the world.
Latest Transcripts
- Flag sparks censorship row. John Stewart, Lateline
- Stephen Long joins Lateline. Leigh Sales, Lateline
- US Congress postpones car bailout. Mark Simkin, Lateline
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