The high value of the Australian dollar has boosted the spending power of households the past decade, the Reserve Bank of Australia (RBA) says.

PASOK leadership vote will be held on March 18.

Greek PM heads to Brussels ahead of Monday’s Eurogroup, which is expected to approve fresh loans for Greece.

In a bid to improve road safety, police are asking loved ones of elderly drives to convince them to hand in their licence.

With speculation around a leadership challenge by Kevin Rudd, PM Julia Gillard ensures she has the support of her Labor colleagues.

Mark Bouris talks about changing it up

A team of researchers from the Cedars Sinai Heart Institute in Los Angeles has proven that heart muscles that die due to lack of blood flow, may not necessarily be gone forever.

Iran has told world powers it is ready to resume talks as soon as possible over its disputed nuclear program.

President of Greece Karolos Papoulias, accused German Finance Minister Wolfgang Schaeuble on Wednesday of insulting Greece.

Europe’s left is torn between outrage and anxiety over drastic cuts in living standards and working conditions.