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SPECIAL REPORT: Former Verve Energy CEO Shirley In’t Veld says when it comes to government-owned businesses, politics often wins out over commercial imperatives.

Swick Mining Services has posted a narrow half-year loss on the back of softer demand in the mineral driling market.

Engineering contractor Monadelphous Group has been awarded a $680 million construction contract at Inpex's Ichthys liquefied natural gas project.

Shares in Boart Longyear have fallen more than 8 per cent after the drilling company slumped to a full year net loss of $US620 million.

The Australian share market has opened flat following weak overseas leads from the US.

Environment Minister Greg Hunt has stepped in to stop the auction of carbon units, saying it will give business certainty ahead of the government's plans to scrap the carbon tax.

What chance a federal government under budgetary pressure may decide to cede future tax wealth to the states?

Gold futures have risen, as some investors, citing the recent political turmoil in Ukraine, seek to fireproof their portfolios.

US stocks have finished with modest declines as investors shrugged off a drop in sale of existing homes as weather-related.

The Australian dollar is lower ahead of a quiet day of no major local data releases.

The much-maligned Bayswater Hotel is back in the good books with a new look and new food and entertainment offerings.

Evolution Mining, Resolute Mining and Ramelius Resources have all reported weaker interim earnings after being hit by the impact of a lower gold price.

QUBE Holdings is confident of continued growth in revenue and profits, helped by the acquisition of Canning Vale-based IML Logistics and the increase in volumes under its port services contract with Chevron.

Debate continues over the best way to maximise returns from the state’s rapidly growing oil and gas sector.

Industrial parts and services provider Coventry Group has warned earnings growth will be slim in the second half of the financial year, after lodging a narrow net profit for the six months to Decem

Retail supply is at a premium in the CBD, and several overseas names are set to add to the space race this year.

Intense competition among small to medium-sized builders is resulting in competitive tenders and tight margins.

Perth-founded technology business MOKO Social Media has announced it has raised $8 million through a share placement to further developments in the US.

A positive lead from Wall Street and a continuation of positive reaction to local earnings reports has helped take the sharemarket to its highest level in nearly six years.

Oil and gas producer Santos has announced a net profit of $516 million in line with last year's result as record sales revenue was offset by lower interest income and higher exploration costs.

The Western Australian Senate vote debacle has claimed two senior scalps at the Australian Electoral Commission.

Welshpool-based contractor MACA has broken a run of losses in the mining services sector, posting a 44 per cent gain in half-year profit.

Iluka Resources predicts demand for its products will recover over the next two years despite weaker prices causing a 95 per cent drop in its full year profit.

Engineering and construction contractor Calibre Group has reported a 13 per cent fall in half-year net profit, driven by a slump in revenue from its rail and transport business.

Western Australian town planners are working at capacity, with demand for their services being driven by an uptick of activity in land development as well as the state government’s efforts to boost

Western Australians will see a lot of Prime Minister Tony Abbott and hear much more about the carbon and mining taxes as their Senate election is re-run.

The Australian market has opened higher after a strong lead from Wall Street and gains from the mining giants.

The new owner of Shell's downstream assets in Australia has given assurances no jobs are at risk under its $2.9 billion deal to by the multi-national group's stations and Geelong refinery.

National Australia Bank has grown its cash profit in the first quarter by seven per cent to $1.55 billion.

The Australian dollar is higher, as optimism about the outlook for the US economy improves.

The building industry watchdog has launched court action against 76 workers who allegedly went on strike unlawfully at the $1.2 billion children’s hospital project in Nedlands.

Regis Resources has been forced to suspend full operations at its Rosemont and Garden Well open pit gold mines in the Goldfields for at least three months after torrential rain caused extensive flooding.