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Standard & Poor's Ratings Services has affirmed Australia's long-term AAA credit rating due to the country's economic resilience, public policy stability and sound financial sector.
Despite months of bickering, joint venture partners Auzex Resources and GGG Resources now insist they are getting along and that their new gold company, Bullabulling Gold can proceed.
Japan's Fukushima accident six months ago provoked major worries worldwide about nuclear power, but now that the dust has settled it is clear that atomic energy still has a rosy future.
Australian households are continuing to shun spending and pay down debt as worries about the global financial system grows, a central bank report says.
Australia's Foreign Minister Kevin Rudd has told the United Nations the world's leaders need to look beyond the next election cycle and take the measures necessary to rebuild sustainable economic g
The Australian share market was firmly in the red at noon following tumbles on Wall Street and European bourses overnight, as a cocktail of negative economic data weighed on investor sentiment.
The Australian dollar closed below parity with the greenback on Thursday afternoon, on concerns that the US Federal Reserve was not doing enough to stimulate America's ailing economy.
The salary of Australia's Reserve Bank governor Glenn Stevens rose by 3.7 per cent in the last financial year, in line with the average wage growth for public servants.
The Australian share market closed more than 2.6 per cent lower to its weakest close in more than two years, amid global uncertainty following big falls on Wall Street over a downgraded economic ou
The federal opposition has continued its attack on Treasurer Wayne Swan, a day after opposition treasury spokesman Joe Hockey was criticised for attacking his Euromoney's Finance Minister of the Ye
Aboriginal MP Carol Martin says she'll sue the people who put out newsletters labelling her a "coconut", saying the racial slur was the worst ever directed at her.
Australia's largest brick and tile maker, Brickworks, says it has axed 17 per cent of its workforce and will close two more factories before Christmas due to the depressed housing market.
Lynas Corporation has flagged a 30 per cent jump in full year pre-tax loss due to higher operating costs at its Mt Weld rare earths mine in Western Australia as production is ramped up.
Foster's suitor SABMiller is likely to introduce more international beer brands into the Australian market, which could result in the sector looking very different in 10 years, says a market analys
Many retailers are struggling because households are saving more and when they do spend, the money goes on services rather than goods, a senior reserve bank official says.
The Australian dollar fell to a six-week low - and back near parity - after the US Federal Reserve announced new measures to support its ailing economy.
The Australian dollar was three-quarters of a US cent higher amid growing optimism the US Federal Reserve will take action to help the struggling American economy.
Many Australians are headed for lean times in retirement, having only about a third of the superannuation that's needed for a comfortable life, National Australia Bank's head of wealth management s
Changes to federal environment laws will add an "unnecessary level of bureaucracy" for state national parks, state Environment Minister Bill Marmion says.
Brewer Foster's Group says a decline in the Australian beer market is easing, and the market should grow again once the current period of economic uncertainty ends.