Rio Tinto has maintained its faith in Chinese growth by raising its Pilbara iron ore production target, even though it admits customers are becoming increasingly cautious about the world economy.
The Australian dollar has opened slightly higher, on talk of a possible bailout solution for eurozone countries, after a week of increasing fears for the European currency.
Germany is facing mounting pressure to let the European Central Bank (ECB) save the euro, as reports surfaced of IMF contingency bailout planning for a remodelled Italy.
Treasurer Wayne Swan may only need to do some modest tweaking to reach his promised budget surplus in 2012/13, the chief economist at the nation's biggest home lender says.
As bushfires continue to engulf parts of Western Australia's southwest and another fire threatens homes in Perth's east, a parliamentary report has revealed the state may be underprepared for the b
The Australian dollar has continued its downward trend following a report that France and Belgium were restarting talks on the bailout of Brussels-based bank Dexia.
The federal government could be forced to make further changes to its mining tax by the Greens, despite Prime Minister Julia Gillard's assurances that it will pass the Senate with the support of th
Premier Colin Barnett has hit back at federal Resources Minister Martin Ferguson for saying the real problem for mining companies was paying state royalties.
The federal government has dismissed the opposition's claim that a report from a leading international investment bank proves Labor's carbon tax is "all pain for no environmental gain".
Treasurer Wayne Swan has credited Prime Minister Julia Gillard's "guts and determination" for the successful passage of the federal government's mining tax.
The federal government is set to defer by one year the phasing down of a foreign bank tax measure, so it can cover the cost of its deal to secure the passing of mining tax laws.
A Western Australian Aboriginal group's request for the environment minister to use emergency powers to intervene in a Pilbara land dispute with Fortescue Metals Group is being considered but there
Prime Minister Julia Gillard threatens the "very fabric of cooperation in our federation" with plans to penalise states for mining royalty increases, Premier Colin Barnett says.
Prime Minister Julia Gillard says her travels to various parts of the globe in recent weeks have uncovered a common thread of concern amongst world leaders about Europe, and highlighted the merits
Labor is poised to win its battle to tax the profits of big coal and iron ore miners, after key independents bargained for closer checks on coal seam gas projects and a higher tax threshold.
Key independent MP Tony Windsor says he is more than likely to support the government's proposed minerals resource rent tax when the bill enters parliament next week.
The state government has signed a new agreement with the international wing of the Japan Finance Corporation, in an effort to foster business links with the country.
Federal Labor's mining tax is on the table for debate next week but is not yet a done deal as talks with crossbench independent MPs continue, Treasurer Wayne Swan says.
Treasurer Wayne Swan expects the economy will still be growing at trend in the current financial year when he hands down Treasury's latest economic forecasts with the mid-year budget review.
Qatar Airways says it will add Perth to the fast-growing airline's network next year.Flights would be launched over the "next few months", Qatar Airways said in a statement.
US President Barack Obama says America is "all in" when it comes to the Asian century and will turn the full focus of the global power's trade and defence policies to the region.