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Australia suffers $120 billion wipeout as oil prices skyrocket

About $130 billion has been wiped from the Australian sharemarket today as surging oil prices and fears of a long war in Iran shocked traders around the world.The ASX200 index fell 2.9 per cent when it opened at 10am, and has continued to plummet throughout the day, dropping by 3.93 per cent, or 347.70 points, to 85…

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Huzzah

Too decked out to go to waste, Deeds Brewing’s Glen Iris taproom has been reborn as Huzzah, a year after its untimely closure. New owner Steve Jeffares, co-founder of Stomping Ground, wants Huzzah to be a true locals’ bar for the south-east.

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GBy Grace Atta

Grace Atta is a journalist and digital producer at ABC Darwin. She has previously worked as an ABC reporter in Broken Hill and in Adelaide, where she filed stories for online, TV and radio platforms. Grace holds degrees in a Bachelor of Media and a Bachelor of Arts (majoring in Psychology).

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Rescues and road closures as flooding rain moves across Queensland

Most of Queensland is on flood watch as the tropical low that hammered north Queensland last week moves south.Large parts of central Queensland as well as the Darling Downs and parts of the south east coast have been warned to brace for locally intense rainfall and flash flooding with six-hourly rainfall totals of…

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By Tegan Osborne

Tegan Osborne is a Canberra-based digital producer and subeditor for the ABC. She began her career as a regional newspaper reporter in 2005 before moving into online production and editing. She has also worked in TV news, magazine publishing and PR. In previous roles at the ABC, Tegan has worked in the Canberra news…

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Sydney rocked by two overnight shootings that left two in hospital

Two people are in hospital - one in a serious condition - after separate shootings across Sydney overnight.The shootings happened just an hour apart in two different suburbs, with an arrest being made in connection with one of them. Police do not believe the two are linked.The first shooting happened just before 8.4…

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