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The Australian dollar has soared to its highest level in three weeks amid optimism the US Federal Reserve will introduce a fresh round of economic stimulus.
Half of Western Australia's planned resources projects are teetering on the edge of oblivion, partly because of wage blow-outs, the state's former attorney-general Christian Porter warns.
Shares in Phylogica have jumped 12 per cent, after the drug discoverer licensed a skin-repair compound to New York-based cosmetics firm Le Metier de Beaute.
Premier Colin Barnett has defended the process behind the Environmental Protection Authority's (EPA) decision to recommend Woodside Petroleum's proposed $30 billion Kimberley gas hub.
House prices across capital cities rose in the three months to June, but it is still cheaper for most Australians to buy a home today than it was a year ago.
Gina Rinehart's youngest daughter has been refused leave to seek to have her family's multimillion-dollar trust fund battle dealt with through mediation.
Australian shares have opened slightly higher as investors remain cautious ahead of a US Federal Reserve meeting and a German court decision on the eurozone debt rescue fund.
US stocks have mostly risen, lifted by upbeat economic data and hopes that a Federal Reserve meeting will deliver economic stimulus and a key German court decision will ease eurozone turmoil.
Australian stocks closed slightly weaker ahead of a key German court decision about the euro zone funding package, with declines among the utilities and financial sectors leading the broader market
A senior public servant on trial for corruption says he authorised himself to pass government information to former premier-turned-lobbyist Brian Burke, arguing it was not confidential.
Industry and lobby groups fear the Newman government's first budget will drive up unemployment in Queensland, due to substantial cuts to public service jobs and a hike in mining royalties.
Calls to abandon a genetically modified wheat trial in Western Australia amid reports certain varieties could cause liver failure have been dismissed by the state government as scare
Wheat production is forecast to be around 24 per cent lower this year with the industry facing mixed prospects heading into spring, the government's commodity forecaster says.
Australia's economy is strong enough for the Reserve Bank to hold off on another rate cut in 2012, despite concerns about weaker commodity prices and the mining boom, a report says.
Good news for job seekers: employers are still hiring.A survey of Australian employers suggests the job market is likely to remain steady in the final three months of 2012.
US stocks have fallen as investors digested an unexpected decline in consumer credit, another weak signal on consumer spending, and Apple plummeted ahead of its expected iPhone 5 launch.