11:44 AM AEDT | BREAKING NEWS: Petrol prices have soared to a 16-month high and analysts say drivers can expect little relief in the short term. Unleaded petrol, which has surged 16 cents a litre to $1.38 since the end of February, is expected to push even higher as the price of crude oil climbs on international markets.

10:20 AM AEDT | President Barack Obama is postponing his trip to Australia until June so he can stay in Washington for a possible vote on his health care plan.  | Recent history shows Obama can ... | Obama highlights Australia's ...