The Abbott government is reportedly preparing to sell off Medibank Private for $4 billion without having received expert advice on whether to do so and how.
US stocks have jumped more than one per cent after new US Federal Reserve chair Janet Yellen confirmed she would continue existing Fed monetary policy.
The Australian dollar has rallied to an almost one-month high after US Federal Reserve head Janet Yellen said she would maintain policy set under her predecessor, Ben Bernanke.
Vanadium producer Atlantic has stood down some of its contractors after announcing that the damage caused by last week's fire at its Windimurra plant is “extensive”.
Jacka Resources says it hasn't given up hopes of a potential friendly takeover by Tangiers Petroleum, despite terminating a bid implementation agreement for the deal.
The resignation of David Jones chairman Peter Mason could keep chief executive Paul Zahra in his job and pave the way for merger negotiations with rival Myer.
A double digit jump in ANZ Banking Group's first quarter profit has analysts predicting a sixth consecutive year of record earnings for the major banks.
Atlas Iron managing director Ken Brinsden told a business forum in Perth today the big mining houses' practice of locking-up resources in the Pilbara was depriving smaller miners of development opp
A defining milestone in competing efforts to build a subsea telecommunications cable from Perth to Singapore may be imminent, with one of the players close to snookering the opposition.
Australian farmers are on target to produce their second largest winter crop on record but the summer crop is heading for a significant decline because of drought and low rainfall, the federal government's commodity forecaster says.
Australian business conditions have risen to close to a three-year high, a private survey shows, while business confidence is up for the first time in four months.
A three-month battle to keep Forge Group afloat has come to a sudden end, with administrators and receivers called in to manage the company's assets after financier ANZ Banking Group withdrew support for the engineering contractor.
US stocks have edged higher the day before new Federal Reserve chief Janet Yellen gives her premier testimony to Congress, with attention focused on how she views recent employment weakness.
Gold futures have risen to their highest level in 12 weeks amid strong appetite from Chinese buyers and as concern about US economic health fanned demand for a haven.
Kalgoorlie-based Phoenix Gold has opted for a low cost development option at its Castle Hill project, with plans to commence production using third-party milling capacity rather than build a stand-along project.
SPECIAL REPORT: The state government's efforts to boost housing affordability have resulted in an increase in diversity of housing options for those buying their first home, with developers saying Perth is coming of age as a modern city.
SPECIAL REPORT: Despite the state government's best efforts, developers say bureaucracy is the main barrier to getting land to market in a timely fashion.
SPECIAL REPORT: Perth's northern and southern fringes remain the hotbeds for residential land development, but short-term supply issues have hit the industry's ability to keep pace with a surge in demand.
Australia's consumer watchdog says it would investigate the impact of a potential tie-up of David Jones and Myer on competition if the department store chains decided to pursue a merger.
The Australian share market has closed higher in the wake of a positive lead from US markets, but investor focus is set to shift more towards the domestic company reporting season.
Perth Lord Mayor Lisa Scaffidi has renewed her push to include the complete Burswood peninsula within the City of Perth, arguing the Barnett government's preferred local government boundary changes dimish the city's importance.
