DuluxGroup predicts it will be more profitable in fiscal 2012 after shrugging off challenging conditions to increase its 2011 full year profit by more than 50 per cent.
Rail operator QR National has signed a deal with Wesfarmers to haul up to 1.5 million tonnes of coal each year from its Curragh mine in Queensland to port.
US blue chip stocks have turned in a solid gain on the back of good earnings reports to rack up a positive week, but feeble tech stocks left the Nasdaq with its second weekly loss in a row.
Leighton Holdings has reaffirmed it will return to profitability this financial year with a profit of a much as $650 million as it tenders for $27 billion worth of work.
Property developer Port Bouvard will re-allocate funds previously set aside for its Point Grey project near Mandurah to repay its debts, in order to qualify for an extension of its banking fac
Outgoing Commonwealth Bank chief executive Ralph Norris remains the country's highest paid banker, despite a rise in remuneration for Westpac's Gail Kelly.
World oil prices drifted higher on Thursday but the market remained plagued by persistent doubts over the eurozone's debt crisis and in particular the plight of Italy, traders said.
Just over $31 billion was wiped from the value of Australian shares on Thursday as Italy emerged as the new centre of concern in the eurozone debt crisis.
An unexpected fall in the jobless rate is unlikely to prevent the Reserve Bank of Australia (RBA) cutting interest rates again given the continuing turmoil on global markets.
The state government says it will reap an extra $1.9 billion over the next three years after finalising agreements with BHP Billiton and Rio Tinto to increase the royalty rate payable for thei
Mutiny Gold says it has signed an $11 million project loan and hedging facility to fund the acquisition of the final 30 per cent stake in the Gullewa tenements and a feasibility study for its Defle
One of Australia's largest accounting firms is standing by its analysis of Labor's mining tax after Treasurer Wayne Swan rebuked it for distorting the public debate.
Australian shares gained more than one per cent as markets focused on Italy and stronger commodity prices prompted local investors to buy mining stocks.
The coalition has switched tactics on the carbon tax, accusing the Australian Greens of seeking a second wave of climate action, including an end to coal-fired power.
International Monetary Fund chief Christine Lagarde has warned the world is at risk of plunging into "uncertainty and financial instability" and has urged Asian economies to be on their guard.
