A severe weather warning has been issued for WA today, with thunderstorms and heavy rain packing a punch.

Biotech giant CSL is set to axe almost 3000 jobs globally as part of a major restructure that will see its flu vaccine arm spun off into a separately listed company and slash costs.

‘It was amazing. We just could not believe it.’

Police are investigating after the horrifying discovery of a baby in a stormwater drain, with the body believed to have been there for about a fortnight.

A woman has been found dead at a home in regional Victoria, where two children were inside at the time.

Australian shares have had a muted start following flat overnight trading overseas as more local companies open their books for reporting season.

The Big Australian’s iron ore boss has vouched that the technology behind much-vaunted green steel can work, but is highly sceptical that the economics will stack up anytime soon against old school methods. 

Some 1500 academics could be out of a job as scrutiny of major restructures at six universities ramps up.

Staff and children reportedly locked themselves in a room as the situation unfolded.

The WNBL has outlined plans for a 10-team competition, announcing the return of a Tasmanian franchise as the ninth to join next season.