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Just days before a summit on manufacturing jobs, new figures suggest the sector is still suffering from the impact of a high Australian dollar and weak local demand.
Sundance Resources has accepted an improved takeover bid by China's Hanlong Mining, valuing the iron ore explorer at $1.65 billion, according to a people familiar with the deal.
US stocks dropped more than two per cent on Friday as signs of slower growth spanning China, Europe and the United States, and the ongoing Greek crisis, hung darkly over the markets.
The Australian dollar is half a US cent lower after market sentiment turned sour on the news that a further expansion of a Eurozone bailout fund is unlikely.
Global energy giant ConocoPhillips has executed a deal to earn a majority interest in the Goldwyer shale gas project in Western Australia from Perth-based New Standard Energy.
Federal Treasurer Wayne Swan has described raising the GST rate so that other taxes might be eliminated as a "lazy solution" and economically inefficient.
A new marine park at Western Australia's Eighty Mile Beach will cover 209,000 hectares and protect migratory shorebirds and unique marine life, the state government says.
Western Australia's lead fire agency is moving to mend its acrimonious relationship with other agencies with its new chief admitting ego and personality fuel its poor culture.
Western Australia's second biggest producer of gas for the domestic market, Apache Energy, will develop the Balnaves oil field offshore from Karratha for $438 million.
National broadband network company NBN Co is seeking further comment on a revised draft of its wholesale broadband agreement after the competition regulator expressed concerns about third party acc
The Australian share market opened flat after the US market's less-than-expected response to Germany's approval to beef up Europe's rescue fund to stave off a second global recession.
he Australian dollar was slightly lower after Germany's parliament overwhelmingly approved expanding the powers of the eurozone bailout fund in a major step toward tackling the bloc's sprawling sov
US blue chips rebounded but tech stocks fell Thursday after Germany's parliament approved a crucial EU bailout package and new US data gave the economy a slightly more positive tint.
Traders are closing out positions on copper stocks ahead of fresh manufacturing data from China amid fears the Asian superpower faces an economic slow-down.
Australian shares closed almost one per cent lower, after making back some of the day's losses, with investors worried about a critical German vote on the EU's rescue fund.
The man hailed as the father of the 1960s mining boom in the Pilbara, former premier Sir Charles Court, has been honoured with a statue in the centre of Perth.
Australia's status as an investment destination has improved because the federal government looks certain to lose power, leading to the repeal of the controversial carbon and mining taxes, a Wester
Opposition Leader Tony Abbott says the coalition won't change its support for the commonwealth's renewable energy target (RET) despite agreeing it's pushing up power prices.
Western Australia's recovering nickel sector will receive a major boost later this year when the Ravensthorpe nickel mine, mothballed by BHP Billiton, resumes production.