Business

Congress makes deal, avoids fiscal cliff

BREAKING: A senior White House aide has just confirmed Democrats and Republicans in the United States have finally hatched a deal on the future of the nation's economy just after 1pm AEDT on Tuesday, according to the Associated Press.

The deal was announced by President Barack Obama and includes a concession to lift the tax rate on Americans earning more than $400,000.

President Obama used the announcement to take a stab at house Republicans over the delay to come to a deal, while Republicans warned the deal would be worthless if wider economic agreements were not forthcoming.

More to come.

Topics:  barack obama fiscal cliff united states economy



Army supporters' live show at Shoalwater Bay

Shoalwater Bay training area. Exercise Diamond Run - soldiers in the field.

Defence force support services at Shoalwater for exercise

Rocky firm's amazing act to help CQ students

GENEROUS ACT: Owner of Stage and Audio Event Solutions, Tim Buchholz with CQUniversity Vice-Chancellor Scott Bowman.

Stage and Audio offer CQUniversity a $25,000 donation.

Local Partners