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.
Monthly trade figures usually prompt talk of coal, iron ore and the like, but this focus on minerals is a distraction from another important element of the trade data.
Seven Group says the current uncertainty in global markets may prompt the media and earthmoving equipment company to consider further impairment charges on its investments.
Australian shares gained more than one per cent with local investors encouraged by Wall Street's overnight rise on news Italian Prime Minister Silvio Berlusconi would resign.
US stock markets scored robust gains Tuesday after the embattled Italian prime minister, Silvio Berlusconi, said he would resign after austerity measures are approved.
The Australian share market closed firmer after a positive US lead but trading volumes were low as investors sat on the sidelines as anxiety over eurozone debt continued.
Commonwealth Bank of Australia expects subdued credit growth to continue into next year, and says gains in productivity will drive improvements in its performance.
Australian stocks have opened firmer, with the gold and metals and minerals sectors leading the broader market higher after a positive lead from Wall Street.
US stocks jumped strongly in the last two hours of trade Monday to finish in the green after a day spent mostly in the loss zone under more clouds from the eurozone crisis.
Privately-owned engineering and contracting company Calibre Global has announced its fifth acquisiton in the past two years, with the purchase of Melbourne-based infrastructure servi
