News for Tuesday

04 Mar 2014

Prime Minister Tony Abbott has announced the possible repeal of part of the Qantas Sale Act. In entertainment news, Cate Blanchett has become the first Australian to win two Academy Awards.

PM announces possible repeal of part of Qantas Sale Act

The Federal Government will look at the possibility of repealing part of the Qantas Sale Act which restricts foreign ownership. The legislation currently restricts foreign investment to 49 per cent. Read more.

Corby’s parole in jeopardy

Indonesia’s justice minister is considering revoking Schapelle Corby’s parole following a Channel 7 interview with the convicted drug smuggler’s sister. Amir Syamsuddin is waiting on a full report from the Bali Corrections Board and is expected to make a decision within days. Sky News has more.

Australia’s climate extremes explained

According to the latest report by the CSIRO and Bureau of Meteorology, Australia is getting wetter, despite drought across the country. The report shows how Australia’s weather has changed over the past two years. Read more about the report on Seven News.

Pistorius pleads not guilty

South Africa’s blade runner, Oscar Pistorius, has officially pleaded not guilty to the murder of his model girlfriend Reeva Steenkamp. The Olympian’s trial opened yesterday with a neighbour’s account of what she heard the night of the shooting. Pistorius also pleaded not guilty to three unrelated gun charges. Read more.

Best Oscars ever?

The Academy Awards has drawn its largest ever television audience in the US, drawing 43 million viewers. Cate Blanchett flew the flag for the Aussies, being the first Australian to win two Academy Awards. Australians also took out the costume design and production design awards. Host Ellen DeGeneres’s ‘best photo ever’ tweet set the record for the most retweets. See the pictures and read more on ABC News.