The corporate regulator has asked the Federal Court to appoint representatives of KPMG as liquidators of several subsidiaries of Pilbara-based property developer Macro Group.
The competition watchdog has raised concerns over South32's proposed $US200 million acquisition of Peabody Energy Corporation's Metropolitan Colliery in NSW, on the grounds that it may lessen competition in the region.
Qantas boss Alan Joyce has defended the airline's financial performance, saying it is outperforming its peers across Asia amid fierce competition on international routes due to lower oil prices.
Australia Post chief executive Ahmed Fahour has made passionate defence of his time in charge of the postal service and says his decision to quit was not sparked by recent criticism of his $5.6 million pay packet.
Mineral sands miner Iluka Resources has slid to a full-year loss of $224 million on the back of hefty write-downs related to a restructuring of the company's business amid the downturn.
Oil prices have fallen 1.5 per cent on expectations of another surge in US inventories, retreating from multi-week highs hit in the previous session after OPEC signalled optimism over its deal with other producers to curb output.
Gold has turned higher as the dollar has shifted lower on Wednesday, after minutes from the last US Federal Reserve meeting showed uncertainty among policymakers about the new Trump administration's economic program.
More than 50 home building companies put themselves forward to take on the work in progress of collapsed builder Builton, with JWH Group emerging as the administrators' top choice.
Elders has announced plans to expand its real estate presence in the South West through the acquisition of Bunbury-based Southern Districts Estate Agency for an undisclosed sum.
ANALYSIS: Why has WA Labor dumped its proposed 50 per cent renewable energy target for the state by 2030, at the same time as the party's federal leader, Bill Shorten, is promoting the figure as a national goal?
The federal government will oversee the importation of marijuana into the country from overseas until domestic supply ramps up, giving patients easier and quicker access in the interim.
With the Perth International Arts Festival under way, Business News caught up with Alex Desebrock to discuss life as a local artist and her latest creation.
The WA Liberals are talking up their proposed privatisation of Western Power, announcing details of plans to build a new live export loading berth at Kwinana in Perth's south using funds from the partial sale.
Gold miner Doray Minerals says it expects to report a $40 million-$45 million impairment charge against its Andy Well and Deflector gold mines, with the former operation also expected to deliver an operational loss for the financial year.
Dacian Gold has reignited plans to undertake a large equity raising, announcing today a $110 million placement and entitlement offer to fund development of its Mt Morgans gold project near Laverton.
Iron ore miner Fortescue Metals Group has joined larger rival BHP Billiton in forecasting a near-term moderation in iron ore prices, downplaying the rally that has helped it boost profits and lift shareholder payouts.
Woolworths' crucial comparable food sales for the first half have outshone those at fierce rival Coles in a sign that heavy discounting is luring shoppers back.
Woodside Petroleum says it is considering new facilities at Pluto LNG to distribute the fuel in the Pilbara for mining and marine usage, as the company bounced back from large write-downs to post a sharp rebound in profitability for the first half of the 2017 financial year.
Australian shares are flat on the negative side with profit taking in mining and energy stocks and Commonwealth Bank going ex-dividend offsetting some solid corporate results.
BHP roars back with big profitA resurgent BHP Billiton has made nearly three times as much profit in the December half as it made in the entire 2015-16
The Australian dollar is up against its US counterpart despite the greenback moving broadly higher following hawkish comments from Federal Reserve officials, and finding support amid European political uncertainty.
Oil prices are up one per cent after touching three-week highs on OPEC's optimism for greater compliance with its deal with other producers, including Russia, to curb output in an effort to clear a glut that has weighed on the market.
Gold prices have pared losses on weaker-than-expected US economic data, after falling 1 per cent on renewed expectations of an increase in US interest rates next month that pushed the dollar higher.
