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Engineeering and construction business Forge Group has been awarded a $100 million contract to expand a Pilbara iron ore mine owned by mining giant Rio Tinto.
Bega Cheese has made a $319 million play for fellow dairy producer Warrnambool Cheese and Butter that could create one of Australia's largest listed food companies.
Myer chief executive Bernie Brookes has criticised high wages costs and the GST as the department store's full year profit fell by 8.7 per cent to $127.2 million.
An internet petition set up by a Liberal-voting student to save Labor's national broadband network has become Australia's largest ever online petition.
The federal government's leading employment index fell for an eighth consecutive month in September, pointing to below trend jobs growth in coming months.
The Australian share market has opened higher as investors welcome solid Chinese economic data, the possibility of a diplomatic solution to the Syria chemical weapons issue and renewed business con
US stocks rose on better Chinese economic data and easing concerns about Syria, despite a fall in Apple shares following the launch of two new iPhones.
Australian shares are close to their highest point for the year as investor confidence is boosted by a decisive federal election result and encouraging Chinese economic data.
Business confidence has soared to its highest level in more than two years, helped by lower interest rates and more certainty about the outcome of the federal election.
Struggling rural services company Elders will cut its staff by 10 per cent.Elders said this morning that the job losses would be part of more than $25 million in company cuts.
Oil prices have lost support after hitting 28-month highs over fears of fallout from a possible US military attack on Syria for its alleged use of chemical weapons.
US stocks have risen, helped by optimism that a military strike on Syria might be avoided.The Dow Jones Industrial Average gained 140.62 (0.94 per cent) to 15,063.12 on Monday.
The latest round of vote counting shows the Liberal-National coalition ahead in 87 seats, giving it a big majority, but with maverick billionaire Clive Palmer on track to enter federal parliament