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The Australian economy has posted its second consecutive quarter of robust growth as the booming mining sector fuels a solid rise in business investment, official figures show.
Australian shares are higher as hopes for a new debt deal in Europe and better than expected economic growth data for the September quarter boosted investor appetite for risk.
Queensland coal explorer Carabella has raised $24 million from institutional shareholders to continue developing its coking coal project in the Bowen Basin.
Australian shares are lower, breaking their six-day winning streak after Standard and Poor's warned 15 eurozone members of possible credit downgrades due to the region's deepening debt crisis.
Capital raised by companies listing on the Australian Securities Exchange slumped 61 per cent in November from a year earlier as the turmoil in global financial markets took its toll.
The Reserve Bank of Australia has cut the cash rate to 4.25 per cent from 4.5 per cent at its December board meeting.It was the second consecutive month that the RBA has cut the rate.
Woodside Petroleum doesn't expect its $30 billion Browse project will be delayed by a court deeming the compulsory acquisition of land for the processing hub as invalid.
Global conglomerate GE has opened a $100 million technology and learning complex in Perth, its first in-country support and maintenance center for the oil and gas industry.
CBH Grain’s 2011-12 harvest is shaping up to be one of their biggest harvests in years, with total receivals for the state at approximately 8.2m tonnes and many sites breaking daily records, the la
Australian shares fell, breaking their six-day winning streak after Standard and Poor's warned 15 eurozone members of possible credit downgrades due to the region's deepening debt crisis.
The Australian dollar is higher today after European leaders announced plans to establish a new treaty which imposes strict budget discipline on member states.
US stock markets pared gains on Monday after a newspaper report said that Germany and five other triple-A eurozone countries face the prospect of a credit downgrade.
An inquiry headed by former Australian Federal Police Commissioner Mick Keelty will begin immediately to investigate the cause of the Margaret River bushfire and the prescribed burn that got out of
There has been a sharp decline in business confidence as worries grow that the European financial crisis will worsen and hit the global economy, a private sector survey shows.
Australian shares have risen by 0.8 per cent, buoyed by hopes that European leaders may be able to thrash out a deal to salvage the region's debt crisis this week.
West Australian opposition leader Eric Ripper is warning his federal Labor counterparts they won't get any uranium from WA if he wins the next election.
Billionaire Nathan Tinkler's coal explorer Aston Resources and coal miner Whitehaven Coal have entered into talks about a potential merger that analysts say would create a powerful entity.