Allianz Q2 profits up 27%

GERMAN insurer Allianz says net profit rose 27 per cent in the second quarter, as one-time expenses fell and its basic property insurance business improved. Net profit rose to 1.58 billion euros ($A2.35 billion) on revenues that rose 6 per cent...

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Mum, two kids die in Darwin crash

THREE people have died and two others remain in hospital following a crash outside of Darwin. A 22-year-old man was driving with his wife and three children along Girraween Rd in Darwin's rural area at around 5.50am (CST) on Friday when it veered...

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NAB boss: rate cut may not help economy

ANOTHER cut to interest rates may not help the economy, but it won't hurt it either, the boss of National Australia Bank says. The Reserve Bank of Australia is expected to cut the cash rate to a record low of 2.5 per cent when it meets next week....

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Housing muscling up to fill mining vacuum

New data has revealed that house prices have continued to climb with record low interest rates. Source: AAP THE housing sector is looking increasingly like the industry that is going to replace the vacuum left by a fading mining investment...

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Taiwan indicts 18 over conscript's death

TAIWANESE prosecutors have indicted 18 military officials over the death of a young conscript who had been subjected to "cruel and abusive" punishment, in an incident that has sparked widespread anger. Corporal Hung Chung-chiu died of heatstroke...

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Greens 'compassionate' plan to stop boats

THE Australian Greens believe their "compassionate" plan to boost Australia's humanitarian intake will stop asylum seeker boats. The party's leader Christine Milne says it's time for Australia to do what's right in the vexed policy area and provide...

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Bushfire fallout tests kids' mental health

EXPERTS have found around 10 per cent of children who experienced Tasmania's devastating bushfires are showing signs of mental health problems. A team coordinated by mental health organisation beyondblue has screened 212 children, finding 26 would...

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US chopper crash kills child, four adults

A HELICOPTER crash in a rugged, wooded area of Pennsylvania has claimed the lives of five people, including a child, officials say. The crash happened on Saturday night after the pilot told air traffic controllers he was losing altitude, according...

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Rudd defends PNG deal as more boats arrive

A new Galaxy poll shows PM Kevin Rudd is leading the opposition leader on the asylum seeker issue. Source: AAP PRIME Minister Kevin Rudd has refused to say when his hardline plan to banish boat asylum seekers to Papua New Guinea will work,...

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Spanish judge to question train driver

Spanish police announced they have identified all 78 victims of the nation's deadliest train crash. Source: AAP THE driver of a train that hurtled off the rails killing 78 people in Spain is to appear before a judge for questioning, facing...

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