THEY earn more than $25 million, they all live in multi-million dollar houses and while under the microscope of a parliamentary inquiry at least one publicly denied that Australia has a housing affordability problem. They are the CEOs of Australia’s big four banks and the sober suited men who control homebuyers’ interest rates have not skimped when it comes to the properties they purchase and live in with their families. With salaries ranging between $5.5m and $8.3m, monthly mortgage repayments that cripple many families are not a problem. Andrew Thorburn, the outspoken National Australia Bank boss, lives in a $3.235 mansion he bought in the elite Melbourne suburb of South Yarra two years ago. Mr Thorburn told the Federal parliamentary inquiry into the banking sector this week that the NAB did not think housing prices were out of most people’s reach. http://cdn.newsapi.com.au/image/v1/9d15b79fe90478aac1dd3726bdbeb314 http://cdn.newsapi.com.au/image/v1/5f3cb1becf541dee03291ecf2f54fc82

"Russia, and the regime, owe the world more than an explanation about why they keep hitting hospitals and medical facilities and children," he said. "These are acts that beg for an appropriate investigation of war crimes." Moscow has repeatedly denied attacking civilians, and said it targets terrorist groups in Syria. Mr Kerry, however, said Russian and Syrian government attacks on hospitals were "beyond the accidental" and part of a deliberate strategy in war-torn Syria. "This is a targeted strategy to terrorise civilians and to kill anybody and everybody who is in the way of their military objectives," he said.

AMG knows some of their customers prefer to travel (intentionally) sideways, and amid a product blitz the in-house Mercedes tuner plans to throw a bone to the donut crowd. Autocar reports the next-generation AMG E63 will feature a drift mode allowing its 603 horses to go sideways when the model lands at dealerships in 2017. "It is four-wheel drive, and we’re going to have a drift mode," AMG chairman Tobias Moers told Autocar at the Paris auto show. How will that work? The E63 won't be spinning all four wheels (entertaining as that would be) but it will be able to send 100 percent of the power to the rear wheels when the situation requires it, such as in an empty parking lot after hours.

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The compact 2017 Subaru Crosstrek will officially start at $22,570, including destination, when it hits dealerships. That’s only $125 more than last year’s model, which was among our favorite mini-crossovers. The latest all-wheel driver from Subaru gets a new Premium Special Edition trim for 2017 but continues with a continuously variable transmission across the lineup, except for the base model, which gets a five-speed manual. The Crosstrek gets the most love for its 8.7-inch ground clearance and Symmetrical All-Wheel Drive as standard equipment. A naturally aspirated 2.0-liter flat-four is still the only engine choice, making 148 hp at 6,200 rpm and 145 lb-ft at 4,200 rpm. All get up to 33 mpg on the highway. Standard features on the base model include a tilt/telescoping steering wheel, Bluetooth, power windows/locks/mirrors, multi-function display with fuel-economy information, security system with engine immobilizer, illuminated front console storage tray, outside temperature gauge, carpeted floor mats and 17-inch alloy wheels. The Premium trim adds the All-Weather Package, which includes heated front seats, heated exterior mirrors and windshield wiper de-icer. It also comes with body-color exterior mirrors, upgraded interior bits and an upgraded sound system.

Henrik Fisker, formerly of BMW, Aston Martin and Fisker, has relaunched his own car company, which will once again be called Fisker, Bloomberg reports. This time around the 53-year-old Danish automotive designer and entrepreneur will focus on electric cars and promises to reveal an all-new EV in the latter half of 2017 that will pick up where the Karma sedan left off. "For the last two years, I have been looking at battery technologies and wanted to see if there was something that could really give us a new paradigm," Fisker told Bloomberg. "We had the strategy of developing the technology as fast as possible without getting tied down to a large organization, which would hold us back. Now we have the technology that nobody else has. And there is nobody even close to what we are doing out there."

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Toyota is the world leader in hybrids, pioneering their development as mass-market transportation alternatives 25 years ago and then selling way more of them than any other carmaker on the planet. Toyota now offers a total of 13 hybrid models, and those make up 70 percent of the hybrid market. But as for plug-in hybrids, well, that’s a different story. Toyota has always danced around electricity like it was afraid it’d get zapped. When other carmakers were making dedicated EVs to meet California’s draconian ZEV Mandate, Toyota converted the bare minimum number of RAV4s to electric drive, first with less efficient nickel-metal hydride batteries, then by just turning the whole thing over to Tesla for the second-gen RAV4 EV. After that, Toyota abandoned pure EVs altogether in the headlong pursuit of hydrogen fuel cells as the ZEV holy grail. Similarly, Toyota lagged behind other carmakers in plug-in hybrids. The previous Prius plug-in offered only about 12 miles of range on electricity alone, while the first-generation Chevy Volt was getting almost three times that much. With a new Toyota Prius Prime plug-in hybrid arriving in dealerships Nov. 3, has that changed? The 2017 Prius Prime gets a bigger battery that doubles its range on pure electricity to 25 miles, but it still lags behind most competitors. While Prius Prime’s 25 miles electric now beats the Ford C-Max and Fusion Energi’s 19-mile EV range, the Sonata plug-in can go 27 miles and the Chevy Volt now covers a whopping 53 miles on a charge. And Honda’s coming 2018-model-year PHEV is said to go 40 miles on electricity alone.

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US reality TV star Kim Kardashian West has been robbed at gunpoint at a luxury residence in Paris by at least two men dressed as police officers, her publicist and police say. A box containing jewellery worth up to €6m (£5.2m; $6.7m) was among items taken, a police spokesman said. The concierge led the gunmen to the residence where they tied Kardashian West up in the bathroom, police said. A spokeswoman for the star said she was "badly shaken but physically unharmed". The mother-of-two - who became a household name thanks to the reality series Keeping up with the Kardashians - has now left France, flying out of a Paris airport aboard a private jet. A police source has told the BBC the attack was carried out by five men, wearing police-style jackets, who forced the building's overnight security guard to show them where Kardashian West was staying. Once inside, one of the men put a gun to her head while they robbed her of jewellery including a ring worth €4m, then tied her up and locked her in a bathroom while they escaped. According to the police officer, the men fled the scene on bicycles.

A US newspaper says it has obtained documents showing tycoon Donald Trump declared a loss of more than $900m on his 1995 federal income tax return. The New York Times says the loss was so large it may have enabled the Republican candidate to avoid paying tax for up to 18 years legally. His campaign has refused to publish his tax returns and neither confirmed nor denied the scale of his losses. Democratic candidate Hillary Clinton has made much of his tax record. Why #LastTimeTrumpPaidTaxes is trending During an acrimonious first presidential debate on Monday, she forced him on to the defensive for not releasing his tax returns, suggesting that he was hiding "something terrible". When Mrs Clinton accused him of not paying federal income tax, Mr Trump replied: "That makes me smart."

Fans of Kia’s posh Telluride crossover concept that debuted at January's Detroit auto show received some encouragement today at the Paris auto show. Peter Schreyer, Kia and Hyundai’s chief design officer, told Automotive News that he is optimistic the Telluride will be approved for production. “The concept has been accepted very well,” Schreyer said. “I think it has a good chance to be developed.” The production version of the Telluride, the largest SUV or crossover in the Kia lineup since the Borrego, would also maintain the general size and proportions of the concept. “When we do concepts we always try to do that,” Schreyer said. Helping the Telluride’s case even further is the fact that it can be built using existing pieces in Hyundai/Kia’s parts portfolio. The recipe is straightforward: Take a stretched Sorento chassis or one plucked from the Genesis brand, mix with either the 3.3-liter naturally-aspirated V-6 engine from Kia’s Cadenza or the new 3.3-liter twin-turbocharged V-6 engine in the Genesis G90 (and expected in Kia’s larger sport sedan due within the next six months) and you have a large -- and profitable three-row crossover.

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The sons of imprisoned drug lord Joaquin "El Chapo" Guzman are suspected of launching an ambush on a military convoy in Mexico that left five soldiers dead, officials say. The assault in the northern state of Sinaloa involved grenades and assault rifles. The attackers succeeded in freeing a wounded drugs suspect who had been captured earlier and was being taken to hospital, officials say. At least 10 people were injured. Sinaloa is the stronghold of the drugs gang formerly headed by Joaquin Guzman. Nicknamed "El Chapo", he was recaptured in January. Officials believe the ambush may have been organised by his sons, who are believed to have taken over the running of the cartel. "Up this point we are not certain about this group, but it is very probable that it was the sons of Chapo," said local military commander Gen Alfonso Duarte.

Leave it to Ian Callum to take a box and make it beautiful. This is the best-looking SUV on the market. Period. Graceful where it needs to be, edgy in a few places, it’s about perfect. And it looks like a Jag -- i.e. it fits in with the rest of the family. It’s clear the interior has a lot of XE in it. Start the car and you have to wait a few seconds for the touch display to get movin’, but once it is, it’s responsive and intuitive. This is one rockin’ chassis, super-stiff but not at the expense of the ride. It’s comfortable, but the body stays flat in corners. The Jag is quiet and relaxing going down the road, as well, and the six has really good midrange torque. I’m sure it can be driven a lot harder than I drove it heading home and back to work. In fact, I welcome the opportunity. I’d take the Jag all day long over, say, an X5. And I know people get tired of me spewing sales numbers, but with this car it can’t be helped: Jaguar sales are up almost 60 percent this year thanks to this car. Oh, and it’s already Jag’s second-best seller, and it’s only been on sale since May.

US researchers have identified a new biomarker which revealed that known and unknown exposure to second-hand smoke may lead to an increased risk of mortality in non-smokers. Serum cotinine — a metabolite of nicotine — when used as a biological marker of exposure to second-hand smoke was found to have associations to overall and cause-specific mortality in non-smokers. Increased levels of serum cotinine in blood were significantly also associated with all types of cancers, and heart disease, the researchers said. “The study found that non-smokers are exposed to second-hand smoke without even realising it,” said Raja Flores, Professor at the Icahn School of Medicine at Mount Sinai in New York, US. Non-smoking individuals’ cotinine blood levels accurately determined their exposure and subsequent risk of lung cancer and other smoking-related disease, Flores said. “Using cotinine level to measure exposure to second-hand smoke has important public health implications, because increasing the scope of smoke-free environments would likely decrease cotinine levels in the general po[CENSORED]tion and ultimately death,” added Emanuela Taioli, Director at Mount Sinai. Further, exposure to second-hand smoke is unequally distributed in the po[CENSORED]tion, the researchers said, adding that children, people living in poverty, and those who rent their housing are disproportionately affected and most vulnerable

The chief executive of troubled Deutsche Bank has emailed the 100,000 staff to reassure them that the German giant's finances are strong. John Cryan told them the bank had become the object of "hefty speculation" and that "new rumours" were causing the share price to fall. Deutsche's shares hit new lows on Friday as confidence in the bank continued to falter. But Mr Cryan said the bank's reserves and profits underlined its strength. He pointed out that Deutsche had €215bn in reserves and made €1bn in profits for the last six month. At no point in the last 20 years had Deutsche been as strong as it is now, Mr Cryan insisted. "The release of the memo... seems to have taken the edge off of the German company's dramatic" share price decline, said SpreadEx analyst Connor Campbell. Deutsche shares were down 5% at midday, having fallen 9% earlier. That followed a big fall overnight in the bank's Wall Street-listed shares, a drop sparked by reports that some hedge funds had withdrawn money from the bank.

The new 911 GT3 Cup race car joined the Porsche Panamera E-Hybrid at the Paris auto show on Thursday. Its four-liter flat-six now makes 485 hp, and the whole package tips the scales at just 2,645 pounds. For efficiency and performance, Porsche says, the naturally aspirated engine gets rigidly mounted rocker arms and a central oil feed for the first time. Additionally, an integrated oil centrifuge keeps oil foaming down while a more rigid crankshaft was also installed. On the aero front, the GT3 Cup gets a new front apron and rear end. The 72.4-inch rear wing returns, as do the wheel dimensions, which are center-locking 18-inchers with Michelin racing slicks. As necessary, the Cup comes with a safety cage, molded bucket seats and a new roof rescue hatch that conforms to the latest FIA standard. Hope no one has to use that anytime soon. Porsche says we’ll see the new GT3 Cup in the 2017 racing season, including but not limited to the Porsche Mobil 1 Supercup, Porsche Carrera Cup Deutschland (and North America), and other GT classes after that. Check out the rest of our Paris motor show coverage here.

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Researching about the the early origins of the common house cat , a new DNA study has found that the felines travelled the world with farmers and Vikings. The findings showed that there appeared to be two big migration waves of ancient cats — the first occurred not long after the development of agriculture by humans and the second shortly after the domestication of cats in ancient Egypt approximately 4,000 years ago, said Eva-Maria Geigl, an evolutionary geneticist at the Institut Jacques Monod in France. The first wave was the result of agriculture by humans. Small cats came into contact with the humans as an increased po[CENSORED]tions of rodents started consuming the grains they grew. A link between cats in the Fertile Crescent — a region in the Middle East and other parts of the Mediterranean, confirmed this, the researchers said. The second wave occurred several thousand years later and appeared to be driven by human migrations out of Egypt. Due to farmers and seafaring travellers taking cats along with them to reduce rat and mouse po[CENSORED]tions, cats were found in Egypt and throughout Eurasia as well as parts of Africa. In addition, the researchers also found that the fierce Vikings apparently had a soft spot for little kitties and one of them was found buried alongside its master in a common grave site that was dated back 1000 years.