Jetstar has scheduled an additional flight to assist stranded Air Australia passengers in Thailand. The flight, which seats 180 passengers, will leave Phuket on Sunday and land in Darwin on Monday morning. About 4,000 passengers have been left stranded o

Julia Gillard's appearance on Four Corners this week was a mistake, argues Laurie Oakes. Picture: ABC Source: Supplied WAYNE Swan has a lot of fun in Parliament comparing the Opposition's economic team with The Three Stooges. He casts leader Tony Abbott

Former Howard government adviser Arthur Sinodinos has been given a new role to help bolster the coalition's economic credentials. Opposition Leader Tony Abbott on Friday appointed the NSW senator to the coalition's shadow expenditure review committee. It

Administrators are advising passengers with return tickets on Air Australia to find another way to get home. Watch Air Australia's launch party from last November, now staff have been stood down and the airline unable to afford to fly. A young girl sits

Watch Air Australia's launch party from last November, now staff have been stood down and the airline unable to afford to fly. HUNDREDS of passengers have vented their fury at Air Australia after the airline went bust this morning and grounded flights, l

Watch Air Australia's launch party from last November, now staff have been stood down and the airline unable to afford to fly. HUNDREDS of passengers have vented their fury at Air Australia after the airline went bust this morning and grounded flights, l

Watch Air Australia's launch party from last November, now staff have been stood down and the airline unable to afford to fly. Air Australia has gone into voluntary administration. Picture: AFP Source: AFP HUNDREDS of passengers have vented their fury at

AIR Australia's demise has nothing to do with the carbon tax, Workplace Relations Minister Bill Shorten says. The Brisbane-based budget carrier was placed into voluntary administration today, grounding all flights and stranding hundreds of passengers. It

Christopher Pyne cited Oliver Cromwell, Julia Gillard cited John Howard and Joe Hockey was busy with the Seinfeld references. But in the end, question time this afternoon was all about one thing. There was no grand prize for guessing what the government

News that Gina Rinehart has reportedly attained a 12.8% stake in Fairfax Media (and is seeking just under 15%) is bad for the Australian media environment: it potentially puts yet another billionaire in a position to influence what gets published as “new

The federal opposition has added means-testing the private health insurance rebate to a list of broken Labor promises, as the government accused Tony Abbott of preying on the misery of workers who have lost their jobs. Three Liberal frontbenchers - Joe H

NAB today became the fourth major bank to lift its standard variable interest rate. Picture: Source: News Limited HOME loan customers have been slugged with another round of rate rises after National Australia Bank moved to match the other banks and prot

Assistant Treasurer Mark Arbib has taken aim at opposition treasury spokesman Joe Hockey about his stance over bank lending rates, saying it was more like an application for a bank job. Mr Hockey has accused the government of sending out mixed messages o

AAP The federal opposition has accused Treasurer Wayne Swan of sending mixed messages to borrowers on interest rates. Mr Swan was pretending people had a choice if banks hiked loan rates independently of the Reserve Bank, opposition treasury spokesman Jo

But the Opposition is reluctant or simply unable to switch from chanting “carbon tax” and the related accusations that the Prime Minister has repeatedly and systematically misled the public. And to a degree it can be forgiven for believing that they don’

BORROWERS are in for more pain this week with the Commonwealth and National Australia banks expected to begin separate reviews of their mortgage and business rates before announcing multibillion-dollar profits. Westpac and the ANZ defied the Treasurer, W

Opposition Leader Tony Abbott insists he has the right economic team behind him. Mr Abbott's economic spokesmen, Joe Hockey and Andrew Robb, appeared at odds last week on the question of when a coalition government would be able to deliver a budget surpl

Treasurer Wayne Swan says customers who are unhappy with their banks should consider changing to another financial institution. ANZ and Westpac banks both lifted their variable lending rates despite the Reserve Bank of Australia leaving the official inte

Shadow treasurer Joe Hockey. Picture: Ray Strange Source: The Daily Telegraph SHADOW treasurer Joe Hockey has been whacked around the head this week for denying he ever admitted a Coalition government would have to slash existing programs by $70 billion