Macmahon Holdings says it is better placed to manage challenging market conditions, despite lodging a net loss of $29.5 million for the 2013 financial year, a result driven down by the sale of the
Oil and gas producer Oil Search says its first half profit is up six per cent, but production had fallen marginally and is likely to remain flat in the next six months.
After 12 years of strong profit growth, engineering and construction contractor Monadelphous Group has implemented a wide-ranging cost reduction and restructuring program and foreshadowed plans to
Premier Colin Barnett's push to keep the Browse gas project onshore has suffered another blow, with lead proponent Woodside recommending, as expected, the construction of a floating offshore plant
Australia's largest business lender, National Australia Bank, is on track for a $6 billion full year profit, helped along by improvements in its troubled UK division.
The Australian dollar is lower, dragged down by a fall in commodity prices and the strength of the greenback which was boosted by high US Treasury yields.
The debate around Liberal leader Tony Abbott’s paid parental leave scheme is another example of how it often takes someone on the wrong side of the political divide to achieve things.
Gold futures have fallen as jitters ahead of the Federal Open Market Committee's meeting minutes prompt some investors to exercise caution and move to the sidelines.
Transportable housing manufacturer Fleetwood Corporation’s net profit has slumped by 78 per cent, a result the company blamed on weak trading conditions in all of its key markets.
A joint venture between Parsons Brinckerhoff and AECOM will partner with the Department of Transport to develop a business case for the $1.9 billion Metro Area Express light rail proposal.
Three years after completing a management buy-out, JSW Australia directors Jeff Branson and John Silverthorne have struck an agreement to sell their debt-laden drilling business; but they won’t be
Perth-based coal explorer Ascot Resources has secured $1 million in funding from engineering and minerals processing group Sedgman, which will emerge as Ascot’s largest shareholder.
BlueScope Steel shares have been hammered after the steelmaker reported a solid turnaround but ruled out dividends, warned of a flat outlook and increased its exposure to Australia's steel market w
The widespread slowdown in exploration spending has driven down drilling fluids and equipment supplier Imdex’s earnings, with the company lodging a 59 per cent drop in net profit for the 2013 finan
Gold miner Reed Resources has launched a full review of its operations after seeking a voluntary suspension of its shares, one trading day after its Meekatharra gold project was placed into adminis
Opposition leader Tony Abbott says the coalition will contribute more than $600 million towards the $840 million Swan Valley Bypass project if it wins government at next month’s federal election.
The state government has been dealt an embarrassing blow to a planned multi-billion dollar gas hub in the Kimberley, with the state's chief justice ruling the environmental approval for the project
Minerals explorer Metals X has acquired Rio Tinto's interest in the Mt Davies joint venture in South Australia, which it hopes will add value to its Wingellina nickel project.
Federal Resources and Energy Minister Gary Gray says it was "inappropriate" for Premier Colin Barnett to make public a letter the minister sent to him about the Browse Basin.