It's easy to understand why South Africa’s Woolworths is currently being seen as a winner with its $2.15 billion takeover offer for David Jones, but it’s also interesting to wonder whether Woolworths will be seen as a winner next year.
The Australian market looks set to open strongly higher following Wall Street's surge led by tech stocks after US Federal Reserve minutes showed no support for an early rise in interest rates.
Wall Street stocks have bolted higher with tech equities leading the way after US Federal Reserve minutes showed no support for an early rise in interest rates.
QUBE Property Group managing director Mark Hector and Emeco Holdings chief executive Ken Lewsey are among five business leaders appointed to the board of Lifeline WA, as the not-for-profit crisis support service looks to strengthen its corporate ties.
A tough budget next month is not the optimal policy response for Australia, but the federal government will have to improve its financial position over the medium term.
Small business owners are more satisfied with the federal government than they have been in recent years, but a new survey has found there are still a lot of changes the sector would like to see implemented to help run their businesses efficiently.
Preparation for the St Vincent de Paul Society's largest fundraising event - the CEO Sleepout - has kicked off for another year with calls for executives to register.
Shares in cashed-up Moly Mines have slumped after the company's two most senior executives left the business and it admitted it was likely to suspend trading on the ASX after failing to acquire a new business.
Alcoa lost $US178 million in the first quarter as revenue fell on lower aluminium prices, but profit beat expectations after excluding charges to idle capacity at aluminum smelters and mills.
The business sector hopes a royal commission into union corruption will lead to changes in workplace relations and practices and help lift productivity.
Federal Industry Minister Ian Macfarlane today launched a new centre dedicated to research in the resources sector, but was coy on whether Canberra would support a similar body that Woodside has been pushing for the oil and gas sector.
Heron Resources says it can dramatically reduce capital costs at its Kalgoorlie nickel project by pursuing a smaller-scale plant option, describing the results of a scoping study as a step-change improvement in the economics of the project.
Developer and property syndicator Primewest has added another shopping centre to its porftolio, buying the Stirling's Retail Centre in Bunbury for $18.75 million.
Department of Regional Development director-general Paul Rosair will step down from the post later this year after spearheading the Royalties for Regions scheme for the last five years.
The state government’s push for apartment and townhouse developments, as well as increased appetite among home buyers for high-density housing, is creating substantial opportunity for residential property syndicates.
Perth-based explorer Kin Mining has agreed to purchase the Leonora gold project in the Goldfields from the administrators of Navigator Resources for $2.7 million.
