Storm class action payout 'unfair': court

THE corporate watchdog has won an appeal against an $82 million settlement between former Storm Financial clients and Macquarie Bank Ltd. The Federal Court on Monday ruled the May 3 settlement was unfair following an appeal by the Australian...

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No GST change under Abbott govt: Pyne

MANAGER of opposition business Christopher Pyne has ruled out changes to the GST under a government led by Tony Abbott. "There will be no change to the GST in an Abbott government," Mr Pyne told told ABC's Q&A program on Monday night. He...

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Dutch prince dies

DUTCH prince Friso, who was brain-damaged after being buried by an avalanche in Austria last year, has died in The Hague, the royal palace says. "Prince Friso died from complications as a result of oxygen shortages during his ski accident on February...

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US stocks drop on weak Japan data

US stocks have opened lower on the heels of disappointing economic data out of Japan. Five minutes into trade on Monday, the Dow Jones Industrial Average dropped 40.47 (0.26 per cent) to 15,385.04. The broad-based S&P 500 dipped 6.67 (0.39...

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NGOs urge asylum seeker policy rethink

SIXTY-FOUR church groups, charities and refugee advocates have called for an end to the "negative and distorted" political debate on asylum seekers. The non-government organisations (NGOs) say the federal government's deterrent policies haven't...

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Troubled BlackBerry eyes sale

STRUGGLING smartphone maker BlackBerry is examining "strategic alternatives", including the possibility of selling off the firm. The Canadian firm on Monday said it had formed a committee to consider "possible joint ventures, strategic partnerships...

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Govt sitting on NBN report: Turnbull

Catfight at Next Top Model THE much hyped catfight between two ANTM contestants model hopefuls Taylah Roberts and Ashley Pogmore airs tomorrow night. It's forever, Big Ears ... IT'S the lobe-stretching tribal trend loved by teens - but...

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Egypt judiciary extends Morsi detention

EGYPT'S judiciary says it is extending ousted president Mohamed Morsi's detention for a further 15 days pending an investigation into his collaboration with Hamas. News+ Oops! Please register or log in to continue. (It's quick, easy and free.)...

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