Events of the past week have shown that governments in Perth and Canberra face an enormous task getting their budgets under control, no matter which party is in power.
The Australian dollar is lower after the greenback was boosted by positive US retail sales data that sustained speculation the US Federal Reserve will begin tapering soon.
US stocks have closed in positive territory as corporate raider Carl Icahn revealed a large stake in Apple, sending the technology titan 4.8 per cent higher.
Who pays? That is a question no-one seems to be asking in the debate over solar-power subsidies, or the bigger question of who pays for the state government’s debt binge.
Toronto-based gold miner Alacer Gold has appointed a new chief executive and will place its Australian operations into care and maintenance over the next 18 months, as it continues to seek a buyer
The Australian share market has hit a three month high, with investors buoyed by positive local earnings performances potential stimulus measures in Japan.
Mining and construction equipment provider Hitachi will develop a $100 million facility at Forrestdale business park, providing a boost for several other commercial developments in the Armadale are
Pluton Resources shares leapt on the ASX today after the iron ore junior announced former Grange Resources boss Richard Mehan had been appointed chairman.
Millionaire Perth property developer Nigel Satterley has snapped up a $17.5 million bargain, buying one of Western Australia's most historic and prestigious homes for well below
Voters are being prepared for Tony Abbott to emulate Premier Colin Barnett and backflip on numerous election promises, according to high-profile Labor candidate Alannah MacTiernan.
New home building in Western Australia is set for a strong recovery, driven by the recent increase in first home owner grants and record low interest rates, a housing industry lobby group says.
Perth-based bank machine distributor Ezeatm has begun legal proceedings against its former boss and co-founder, Todd Zani, who was ousted from the company in June.
Development and construction firm Diploma Group has gone to the market with a discounted placement and rights issue, to raise $9.1 million to pay down debts and increase working capital.
Amcom Telecommunications has recorded its 11th year of net profit growth of more than 20 per cent, booking a 23 per cent rise in net profit for the year to June 30.
The departments of Treasury and Finance expect the federal budget deficit to be $30.1 billion in 2013/14, unchanged from the government's own forecast.
Australian businesses are taking longer to pay each other in 2013 compared to a year earlier, in an indication that their level of financial health has not improved, according to credit bureau Dun
Australia is the most expensive country for overseas students with a combined average cost of university fees and living costs totalling more than US$38,000 per year, according to recent research b
The Australian dollar is being weighed down by strength in the greenback amid renewed expectations that the US Federal Reserve will begin tapering its economic stimulus program soon.
Base Metals miner Kagara has cancelled the sale of half its remaining Queensland assets after negotiations with the purchaser, which failed to come up with $6 million in deposits for the projects i
