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The controversial results of Western Australia's senate recount have been formally declared ahead of a likely High Court challenge.

The Australian stock market has opened higher following gains on Wall Street driven by good US manufacturing data and car sales figures.

Finbar Group has obtained planning approval to build 154 residential apartments at the Springs precinct in Rivervale, coming off an announcement last week of approval for a $170 million project in Subiaco.

Westpac has announced a record $7.1 billion full year profit, and the bank expects improving consumer confidence to help it build on the result next year.

Gold futures have fallen, as pressure from a stronger US dollar dampens investor interest in the dollar-denominated metal.

US stocks paused this week following a stream of corporate earnings that were solid enough to maintain the year's gains, but not quite good enough to push the rally forward.

The Australian dollar is lower against the greenback, driven by good US data and talk that the US Federal Reserve could begin tapering its economic stimulus program sooner rather than later.

The Abbott government may be on the right track with plans to axe the carbon and mining taxes, but after that it’s anyone’s guess.

Struggling miner Mirabela Nickel says it is in discussion with financiers to come to an agreement which will allow it to avoid defaulting on its obligations.

Empire Oil & Gas says a move by its biggest shareholder ERM Power to replace Empire directors with its own representatives has compromised its relationships with contractors and caused disruption to the business.

Shares in Macquarie Group climbed to their highest level in four years after the investment bank's half year profit rose by 39 per cent to $501 million.

Consumers could be faced with higher prices in coming months due to an acceleration in business energy costs.

A court has allowed four Filipino men to be paid less than $3 an hour to work on oil rigs off the Western Australian coast.

David Jones is upbeat ahead of the busy Christmas season as the upmarket department store chain enjoys a healthy post-election boost in sales.

Australian shares have been dragged lower by the big miners due to weaker commodities prices.

Gina Rinehart's Hancock Prospecting has notched up almost $2 billion in revenue and an operating profit of $601 million in the 2013 financial year, which makes it one of Australia's most lucrative private companies despite being the group's lowest profit in four years.

Perth-based oil and gas explorer Pura Vida Energy is set to acquire a 50 per cent interest in an oil block off Madagascar.

Good news is hard to find in the resources sector, and even harder to find in the case of assets that are offered for sale but fail to attract an acceptable bid.

The lines defining management consulting are becoming increasingly blurred as the sector adapts to a leaner market.

Tiger Resources has bolstered its finances with a $42.5 million capital raising as it works towards commissioning its Kipoi copper project in the Democratic Republic of Congo.

Shares in NSW cheese maker Bega have surged to a record high after the world's biggest diary exporter Fonterra bought a six per cent stake in it.

The Australia market has opened lower following weak leads from Wall Street.

Downer EDI has secured a $400 million contract with Bechtel for two electrical and instrumentation packages for the downstream portion of the Chevron-operated Wheatstone project.

US stocks have fallen following a flood of mixed earnings reports, but registered strong gains for the entire tumultuous month of October.

Accounting for nearly 20 per cent of economic activity in Australia, retail sales are critically important to fill the gap left by the slowdown in mining investment.

Oil prices have fallen again, with New York prices down a third straight day, amid rising stockpiles in the United States and a tepid picture for economic growth.

The Australian dollar is lower after a bout of disappointing data from the euro zone caused a sell-off in most currencies.

Perth’s industrial land market is set to rebound from a subdued 2013, as Western Australia’s strong economic fundamentals attract interest from institutional investors, new research from Colliers I

Manas Resources will tap the market for around $5.5 million as it looks to progress activities at its Shambesai gold project in the Kyrgyz Republic.

Nine mine workers trapped in an underground mine in central Western Australia have been bought to the surface safely, the operator BHP Billiton says.

Clive Palmer says a discrepancy in the numbers across three vote recounts in the seat of Fairfax proves officials have been counting votes incorrectly, while the Liberal National Party is yet to rule out challenging his narrow win.

There is growing confidence the central bank will leave the official cash rate unchanged at its November board meeting for the second year in a row.