I read the local paper, but really is for *local* stuff only.
I watch the ABC news (
http://www.abc.net.au), that would be in Australia, before you think it is that other ABC
. Government owned like the BBC in UK - fairly balanced news with a fairly distinct lack of whatever Paris Hilton is doing (though getting put in prison was still deemed newsworthy...)
I read the Sydney Morning Herald online, but I have to say I spent more time in the sport section than anywhere else (c'mon I'm an Aussie - sport IS life).
http://www.smh.com.au