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Sat 22 Mar, 2014

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Favourable weather expected as MH370 search resumes

Weather conditions are expected to be favourable as the search for debris which may be linked to missing Malaysia Airlines flight MH370 resumes today.

The multinational air-and-sea operation is entering its third day of targeted searching in the southern Indian Ocean.

Australian, New Zealand and US aircraft have been searching the area almost 2,500km off the coast of WA, where satellite pictures have shown two objects floating in the water.

Searchers failed to locate any sign of the plane in better weather conditions yesterday, and a bureau spokesman says more of the same weather can be expected today.

The Australian Navy ship HMAS Success is expected to reach the search area today, while a number of Chinese warships are on their way.

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The Drum

More Analysis »

What changed? Questions for Abbott about Sinodinos

Clive Palmer's new demands over the mining tax repeal come at an already difficult time for Tony Abbott, who has questions to answer over his embattled Assistant Treasurer, Arthur Sinodinos, stepping down.

Why was it OK for Sinodinos to stay in his job on Tuesday and yet by Wednesday it was "in the best and most honourable Westminster tradition" that he stand aside? What changed?

And going back even further, why was Sinodinos made Assistant Treasurer in the first place when details of the emerging scandal were known to everybody?

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Just In

More Just In »

Favourable weather expected as MH370 search resumes

Weather conditions are expected to be favourable as the search for debris which may be linked to missing Malaysia Airlines flight MH370 resumes today.

The multinational air-and-sea operation is entering its third day of targeted searching in the southern Indian Ocean.

Australian, New Zealand and US aircraft have been searching the area almost 2,500km off the coast of WA, where satellite pictures have shown two objects floating in the water.

Searchers failed to locate any sign of the plane in better weather conditions yesterday, and a bureau spokesman says more of the same weather can be expected today.

The Australian Navy ship HMAS Success is expected to reach the search area today, while a number of Chinese warships are on their way.

More »

World

More World »

Abbott to visit Bomana war cemetery in PNG

Prime Minister Tony Abbott will lay a wreath at the Bomana war cemetery in Port Moresby on his second full day in Papua New Guinea.

Bilateral talks yesterday focused on speeding up the processing and resettlement of refugees currently detained on Manus Island.

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Business

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Consumer groups in last-ditch appeal over financial reforms

A coalition of consumer groups has written to the Federal Government, Opposition and Greens senators, urging them not to support the changes to the Future of Financial Advice reforms.

FoFA took effect last year under the former Labor government and was designed to tidy up the financial services industry in the wake of disasters such as the collapse of Storm Financial.

Opponents of the existing arrangements say the reforms have introduced too much red tape and the amendments will save the industry millions of dollars.

However, a coalition of six consumer groups including Choice say the Government should not repeal FoFA.

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Politics

More Politics »

Consumer groups in last-ditch appeal over financial reforms

A coalition of consumer groups has written to the Federal Government, Opposition and Greens senators, urging them not to support the changes to the Future of Financial Advice reforms.

FoFA took effect last year under the former Labor government and was designed to tidy up the financial services industry in the wake of disasters such as the collapse of Storm Financial.

Opponents of the existing arrangements say the reforms have introduced too much red tape and the amendments will save the industry millions of dollars.

However, a coalition of six consumer groups including Choice say the Government should not repeal FoFA.

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Sport

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Bombers ignore dramas to beat Kangaroos

Essendon put its off-field dramas to the side to beat North Melbourne by 39 points in their season opener.

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Science and Technology

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Study examines theory that eating less makes animals live longer

A team of evolutionary biologists from the University of New South Wales has developed a new theory which might eventually unlock the fountain of youth.

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Environment

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Senate blocks carbon tax repeal legislation

The Senate has voted down legislation to axe the carbon tax - a core election promise of Prime Minister Tony Abbott.

Labor and the Greens combined to vote against the repeal laws 33 votes to 29 today.

Greens leader Christine Milne has issued a statement saying the current law, maintaining a price on carbon, must stand.

But earlier the Government had moved to reintroduce carbon tax-related legislation that could set the stage for a double dissolution election.

"Axing the tax" was Mr Abbott's catch-cry during last year's election campaign, and the Government says the Senate's move will cost jobs and hurt the economy.

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