AAP

Australian shares opened almost 1.5 per cent higher after Greece elected the pro-bailout New Democracy party to power.

The outcome of the elections in Greece shows that Greeks are in favour of the deep economic and fiscal reforms required to pull the country out of crisis, German Finance Minister Wolfgang Schaeuble

The Australian dollar is one US cent higher as pro-bailout parties look set to win the Greek elections.

The Australian dollar has positioned itself above parity with its US counterpart, just over a week after it slumped to a 2012-low of 97 cents.

Malaysia has imposed two new conditions on Australian miner Lynas before it can start operating a new rare earth refinery.

The Australian share market has closed slightly higher, but trading volumes were low as investors remained cautious ahead of the weekend elections in Greece.

You can lead a horse to water, as the saying goes, but you can't make it drink.

Police Commissioner Karl O'Callaghan looks poised to renew his contract after the Corruption and Crime Commission (CCC) cleared him of misconduct in relation to the Perth Hills bushfire last year.

The proponents of a huge central Queensland mine have been told they must do more to assess its impacts on animal species and the Great Barrier Reef.

Australia is boosting its trade ties with resource-rich West Africa.

Australian shares opened slightly higher following gains on Wall Street amid speculation of more stimulus from the US Federal Reserve.

The Australian dollar has moved above parity on speculation the US central bank could bring in quantitative easing to boost growth.

US stocks pushed higher Thursday amid speculation of more stimulus from the Federal Reserve after another batch of poor data releases.

The Australian dollar is virtually unchanged as cautious traders sit on the sidelines ahead of Sunday's Greek elections.

Buru Energy today launched a $50 million share placement, fully underwritten by international investment house J.P. Morgan.

More than $25 million in Fairfax shares have been bought in one transaction, fuelling speculation mining magnate Gina Rinehart is increasing her stake in the media company.

Mining magnate Clive Palmer is yet to officially throw his hat into the ring to take on federal Treasurer Wayne Swan at the next election.

Prime Minister Julia Gillard says it is understandable that confidence among Australians has been unsettled after living through the biggest global economic downturn since the Great Depression.

A tax expert believes that business has the right to be a little sceptical about the federal government's pledge of a company tax cut when the issue appeared dead just a few weeks ago when the budg

Several suppliers to Coles and Woolworths have raised concerns of bullying by the supermarket giants.

The numbers tell it all - mining employed an extra 58,100 people over the past year while construction cut back by 58,600.

The Australian share market has closed lower as nervous investors look ahead to Sunday's Greek elections.

Fresh evidence of "freebies" given to state Health Department staff by pharmaceutical companies has emerged, with the state opposition labelling it an astounding rort.

Qantas is embroiled in another industrial dispute - this time over safety checks on its Boeing 737s and Airbus A330s.

An offer from mining magnate Gina Rinehart to consider recruiting retrenched workers from the NSW Illawarra is an opportunity for young miners, a union body says.

Retiring Australian Greens leader Bob Brown's last move before handing in his Senate seat on Friday is to lobby all federal MPs to protect part the Kimberley region from gas drilling.

Tourism industry heavyweights have slammed the Gillard government's decision to increase the airport departure tax, saying it will cost thousands of regional jobs.

Scammers posing as insurance officers have targeted residents of a storm-hit home in Rockingham, south of Perth.

About 1,200 of 2,700 jobs threatened by the collapse of engineering conglomerate Hastie Group have been saved.

The mining industry has been accused by MPs of not taking responsibility for the social and financial problems caused by fly-in fly-out workers.

The Australian share market has opened marginally lower on a weak US lead, with local investors treading water until the outcome of Sunday's Greek elections.

Interest rate cuts and federal government handouts will help retail spending grow at its fastest pace since the 2008-2009 global financial crisis, an independent forecaster says.