Latest Headlines

The Australian suitor for Warrnambool Cheese and Butter Factory, dairy co-operative Murray Goulburn, has surrendered to Canadian rival Saputo.

Westpac has been named the world's most sustainable corporation at the World Economic Forum in Davos.

Under-fire security company Serco has launched an immediate investigation after a prisoner was left unguarded by its staff during a trip to Royal Perth Hospital.

Northern Star Resources looks set to emerge as the fifth biggest gold mine operator in Western Australia following its $75 million acquisition of Barrick Gold's majority stake in the East Kundana joint venture and the Kanowna Belle mine.

If nothing else, Bill Beament has just cemented for himself a place in Australian business history by placing one of the biggest bets ever on the future price of gold – and possibly on the future value of the Australian dollar.

Gold miner Newcrest Mining is poised for deeper cost cutting after slicing quarterly production costs by 16 per cent.

Energy giant Santos has lifted its December quarter sales revenue 21 per cent thanks to stronger oil production and prices.

Australian shares are weaker with most of the big banks following a lacklustre lead from Wall Street.

Platinum has climbed to the highest price in more than two months ahead of a planned strike in South Africa that may interrupt production in the top producer of the precious metal.

US stocks have finished mixed as investors continued to react cautiously to a series of uneven earnings reports.

The Australian dollar is being boosted by stronger-than-expected inflation figures that have all but closed the door on another cash rate cut.

The Abbott government’s first few months in office may have been underwhelming, but Labor leader Bill Shorten also has work to do.

The office vacancy rate in Perth’s central business district has jumped sharply higher to 10.8 per cent, research by Jones Lang LaSalle has found.

Plans for a major industrial hub at Forrestdale are gathering momentum, with planning approvals granted and manufacturing giant Hitachi preparing to start construction on a new $100 million headquarters.

New management system models are seeking to address the need for better communications and decision making in modern workplaces.

Leading property developer Nigel Satterley has hit back at claims the first home owners grant is a policy failure, arguing the grant has provided an ongoing boost to the Western Australian housing market.

Australia's rising jobless rate is chipping away at consumer confidence, a new survey has revealed.

Organisers of the annual Sculpture by the Sea exhibition at Cottesloe are preparing to run the event at a loss in 2014, the third consecutive year the event has failed to break even.

Ticket sales for the 2014 Fringe World Festival are tracking ahead of levels at the same time last year, with event organisers confident of bettering the record revenue from the 2013 festival.

Australian shares have closed lower after the release of higher than expected inflation figures.

Mount Gibson Iron has achieved record half-year iron ore sales despite posting softer sales results during the December quarter.

Aurora Oil and Gas has boosted its quarterly production and revenue, with a number of new wells coming into production.

Canadian dairy giant Saputo has secured majority control of takeover target Warrnambool Cheese and Butter Factory.

The prospect of another interest rate cut just became more difficult after the inflation rate unexpectedly jumped to its highest level in two years.

Australians will need to get used to using their PIN for credit card purchases, with signatures set to be phased out from the middle of 2014.

Australian shares are weaker as lower-than-expected production volumes from global mining giant BHP Billiton weigh down the overall market.

BHP Billiton produced record volumes of coal and iron ore in the second half of 2013, despite falls in quarterly production at its petroleum and Pilbara iron ore divisions.

Global crude-oil prices have gained after the IMF raised its forecast for global growth in 2014 and the International Energy Agency upped its prediction of oil consumption growth.

The Australian dollar remains above 88 US cents ahead of the release of closely-watched consumer price index data.

US stocks ended Tuesday in mixed fashion after a stream of generally lacklustre earnings reports and a modest upgrade to the International Monetary Fund's economic forecast.

The state government is hoping to deliver greater planning certainty to suburbs around Kwinana by agreeing to introduce legislation securing a buffer zone between industrial and residential land uses.

Empire Oil & Gas has appointed former Woodside Petroleum executive Stuart Brown to its board as the company's new management looks to recruit experienced directors to guide its future.