AAP

Qantas's public relations team is red-faced after a twitter publicity campaign backfired.

Australian shares closed weaker for the second day in a row but were relatively better performers than US and European bourses, which sold off on renewed sovereign debt concerns.

A Western Australian Aboriginal group's request for the environment minister to use emergency powers to intervene in a Pilbara land dispute with Fortescue Metals Group is being considered but there

The federal government will set up an interim expert panel to assess coal seam gas projects, filling the gap before a full committee is established.

The junior miners are urging the Australian Greens not to support the federal government's mining tax.

Developing East Asian countries should bring in deep reforms to offset threats from global slowing and regional natural disasters, the World Bank says.

Shopping centre operator Centro has successfully jumped the first hurdle in its bid for a restructure at a series of meetings for securityholders to consider the move.

Australian stocks have opened more than one per cent lower as skittish local investors took their cues from a horrid night on offshore markets.

The federal government says it can meet the competing demands of cross-benchers and push its new mining tax through parliament.

The pilots' union is calling for a full inquiry into the grounding of the entire Qantas fleet, after reports drivers were booked to deliver notices to thousands of staff days before it was announce

The Australian dollar has fallen to its lowest level in six weeks as ongoing debt problems in the US and Europe dampen risk sentiment on global markets.

The Australian dollar fell to its lowest level in almost six weeks as the failure of US budget negotiations added to already negative market sentiment.

Prime Minister Julia Gillard says her travels to various parts of the globe in recent weeks have uncovered a common thread of concern amongst world leaders about Europe, and highlighted the merits

Petrol prices rose last week as fuel retailers held back from passing on falls in the wholesale price to motorists, an economist says.

The Australian share market closed marginally lower as wary investors held fire ahead of a Wednesday deadline for a long-term solution to the US debt crisis.

Fewer commercial passenger flights took off or arrived on time last month, when Qantas grounded its fleet for 46 hours due to an industrial dispute.

Steelmaker OneSteel expects conditions for the Australian steel industry to remain challenging.

Banks cannot rely solely on secured issuance, such as covered bonds, to meet funding needs, an Australian central bank official says.

Murchison Metals says it is continuing talks to sell its stakes in the beleaguered Oakajee port project and its sole producing mine in Western Australia.

Federal Treasurer Wayne Swan has dismissed opposition calls for a mini-budget before parliament starts its long summer break.

Shares in iiNet have soared after the internet service provider confirmed its intention to buy Canberra-based TransACT for $60 million.

The Australian market opened almost half a per cent lower as investors remain uncertain about the European debt crisis.

Labor is poised to win its battle to tax the profits of big coal and iron ore miners, after key independents bargained for closer checks on coal seam gas projects and a higher tax threshold.

Negotiations between Qantas and two unions representing its workers have broken down and talks with a third union are stalling.

The Australian dollar was largely unchanged as reports emerged that US politicians were still at odds over crucial debt negotiations.

Gold tracked equity markets to end slightly higher on Friday, even though persistent euro zone debt worries and margin liquidation from other markets sent bullion to its largest weekly loss since S

Air Australia Airways is looking to add Vietnam to its international network.

The Australian share market closed firmly in the red on low trading volumes as concern about the eurozone debt crisis continued to weigh on investors.

Optus has made a last-ditch bid to prevent Telstra from reaching an agreement with regulators over its participation in the national broadband network (NBN).

The prospects for the eurozone are gloomy and its break-up would be incredibly painful, federal shadow treasurer Joe Hockey says.