This weekend marks ten years since the collapse of US investment bank Lehman Brothers triggered a panic on global financial markets. A decade on, debate still rages as to the scale and nature of the then Rudd government's response.
Former prime minister Kevin Rudd said he was stunned when he was told that Lehman Brothers had collapsed. He was shocked the American administration would allow one of its biggest financial firms to hit the wall. He says his decision to step in and protect Australia's banks saved them and protected the country from going into recession.
Typhoon Mangkhut retains its ferocious strength as it shifts toward more densely populated coastal provinces closer to the north-eastern Philippines, where a massive evacuation is underway.
Penrith produces a big second-half comeback, but falls short to a late Chad Townsend field goal as Cronulla advances to meet the Melbourne Storm in next week's preliminary final.
Host: Ellen Fanning Panel: Peter Lewis, Christine Forster, John Hewson and Shalailah Medhora The panel discusses Wentworth Liberal candidate picked, Morrison's first week in parliament, religious freedoms and are we heading for another GFC?
In this update: The Sydney Swans confirm they are letting go of Alex Johnson, David Pocock takes on the captaincy of the Wallabies and the Boomers win against Qatar.
In this update: The Sydney Swans confirm they are letting go of Alex Johnson, David Pocock takes on the captaincy of the Wallabies and the Boomers win against Qatar.
In a find that could be worth millions, archaeologists find 300 Roman coins dating back to at least 474 AD hidden in a soapstone jar while excavating at the site of a former theatre near Como, Italy.
The South Australian Country Hour broadcast live from the Growing SA conference featuring discussion on the State Government's announcement it is reviewing the GM moratorium, Canadian Associate Professor Stuart Smyth has worked in the area of biotechnology for many years is in the country at the moment to discuss the economics of genetic modification and the South Australian cattle blueprint is released.
This week on Planet America; a hurricane takes White House in-fighting off the front page, but Trump’s approval rating still cops a battering. Also, America’s disastrous proxy war in Yemen. And, is Obama taking the credit for making America great again? PlanetAmerica Friday 9pm AEST @ABCNEWS and 11:50pm AEST ABC1.
Nauru's Supreme Court throws out a case against former opposition MPs and their supporters, with the Australian judge who heard the case saying there was no chance of a fair trial for the defendants.
Outspoken Jewish anti-child abuse campaigner Manny Waks says he has settled a civil case against the Melbourne's Yeshiva Centre, where suffered years of sexual abuse.
A man charged with murder and attempted murder over the 1994 bombing of Adelaide's National Crime Authority building needs more time to "negotiate" his legal aid arrangements before entering a plea, a court hears.
They call it "Hurricane Alley" — the Cape Fear River Valley, where storms form in the Atlantic, get caught in the Gulf Stream and then hit land bringing storm surge, wind and flood.
A section of a cliff falls onto a popular beach on the western Greek island of Zakynthos, capsizing boats and injuring seven people, one of whom has a spinal injury, authorities say.
Dwayne Lindsey was jailed last May for 34 years over the murder of his girlfriend's six-month-old baby in an ice-fuelled "ferocious, brutal and sickening attack".
Footage of an eccentric Indonesian preacher goes viral after he was filmed holding a sermon in a nightclub in the Hindu-majority island of Bali to teach Islam to "those who haven't met God".
Hun Maret has been filmed hailing the party's recruitment efforts during a function in Sydney (excerpt from Four Corners episode, Champagne with Dictators).
