UGL has told shareholders that its property and engineering arms are being split as quickly as possible and will be standalone companies by June 30 next year.
The federal government has announced plans to streamline visa applications for Australia's international education sector but the tourism industry says its own outdated visa system risks robbing the country of billions of tourism dollars.
Brockman Mining has sold off its limousine business in Hong Kong for about $6 million and used the proceeds to buy Chinese copper assets, as it seeks to focus on its mining interests.
New laws to repeal Labor's mining tax could save the federal government $13 billion over the next four years, as it also plans to scrap a range of measures designed to assist small business and families.
Wesfarmers has reported generally positive quarterly sales results from its retail businesses, with Bunnings achieving the most rapid growth while Coles' supermarkets and liquor stores lifted turno
The economic green shoots that boosted Iluka Resources' hopes of a recovering mineral sands market earlier this year have shrivelled, with the miner recording weaker quarterly revenue.
Tourists to Western Australia spent more than $7 billion there last year, despite the continuing economic struggle in Europe reducing the number of visitors from the UK.
Global miner Rio Tinto is confident of hitting its 2013 iron ore production target of 265 million tonnes, after achieving further growth in the September quarter.
The lawyer leading a class action against construction giant Leighton has accused it of falsely playing down its involvement in corruption last year, leading to massive share price falls.
Gold miner Ramelius Resources has made its first $5 million payment to acquire Goldfields' Vivien gold project in Western Australia and has also achieved record production at its Mt Magnet project.
Greens Senator Scott Ludlam says he'll appeal the Australian Electoral Commission's decision not to conduct a recount of votes for Western Australia's Senate seats.
Australian capital city house values hit a record high in September, with Sydney and Melbourne leading the charge while Perth's house values fell slightly.
Former resources minister Martin Ferguson has joined Kerry Stokes' investment company Seven Group Holdings as its head of natural resources and will also chair the Australian Petroleum Production & Exploration Association's advisory board.
Federal Treasurer Joe Hockey says the budget has deteriorated and the projected deficit for this financial year is likely to be worse than Labor's forecast.
Education Minister Christopher Pyne has flagged a review of the demand-driven system for university places, sparking debate in the higher education sector over the nation's capacity to produce the high-skilled workers it needs.
Resources giant BHP Billiton says its new $US1.5 billion gas plant will supply 20 per cent of the state's domestic market amid hopes of doubling capacity.
Perth-based Tox Free Solutions has secured a five-year contract for waste management services at Chevron's Western Australian assets, including the massive Gorgon LNG project.
Property group Mirvac has suffered a 66 per cent drop in net profit following a massive writedown of its development projects, including a $74 million hit to the value of its developments in Wester
The state government has been dealt an embarrassing blow to a planned multi-billion dollar gas hub in the Kimberley, with the state's chief justice ruling the environmental approval for the project
Toronto-based gold miner Alacer Gold has appointed a new chief executive and will place its Australian operations into care and maintenance over the next 18 months, as it continues to seek a buyer
Shares in Moly Mines have surged more than 20 per cent after the company agreed to sell output from its producing iron ore mine in the Pilbara to fellow miner Mineral Resources for about $38 millio
The outlook for Aquila Resources' Queensland coal project appears gloomy with the company admitting it has revised its work plan and reduced the workforce.
