It's been four years since the investment bank Lehman Brothers went under, and a federal court in Australia has just found the bank liable for damages in a class action lawsuit over the sale of mortgage-backed securities.

Today, Australia's highest court ruled the government there can go ahead with plans to force tobacco companies to sell cigarettes with nothing but a plain package -- no branding at all, just those graphic warnings that say tobacco can kill you.

In Australia, Aussies are getting used to the first week under a new carbon tax. The country's biggest polluters are paying a steep $24 per ton of carbon emitted -- that's more than twice the cost of carbon permits in the EU.

The government in Australia wants to boost the sagging tourism industry. One idea: Bring back the crocodile hunt.