| The latest breaking news from Sky News Australia | | | | | | Extreme rain in Victoria could cause major floods, threatening lives and leading to widespread inundation. | | | | | | | | Foreign Minister Julie Bishop says Labor's Sam Dastyari position in parliament is 'completely untenable'. | | | | | | | | Russian Media reports Pyongyang will negotiate with the US if it recognises North Korea as a nuclear power. | | | | | | | | Labor will support a royal commission into financial sector misconduct but wants its scope to be widened. | | | | | | | | The New York Times reports the White House is planning on replacing the secretary of state within weeks. | | | | | | | | Telstra cuts its full-year guidance for earnings on account of the temporary suspension of the NBN. | | | | | | | | Fortescue Metals Group has appointed Elizabeth Gaines as its new chief executive, replacing Nev Power. | | | | | | | | Denmark's Crown Princess Mary is coming home to Australia to celebrate Christmas with family in Tasmania. | | | | | | | | Jay-Z has opened up about infidelity woes in a rare in-depth interview with The New York Times T Magazine. | | | | | Copyright Australian News Channel Pty Ltd | | | | | | |
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