An ample supply of industrial land coupled with softening conditions in the resources sector could lead to downwards pressure on rents, new research has found.
China-based Shandong Gold looks set to secure board control at Focus Minerals, after acting chief executive and chairman Don Taig announced his intention to resign from the company.
FEATURE: The state's biotechnology sector is heating up as investors look for the next wave of investment opportunities amid waning resources investment.
Federal Treasurer Joe Hockey has offered the states and territories incentive payments to sell off public assets and put the money into new job-creating infrastructure.
Forge Group looks set to surrender a significant share of its equity to creditor ANZ Banking Group in exchange for a company-saving debt package, as spooked investors wiped more than 83 per cent from the contractor's market value.
Finance Minister Mathias Cormann insists there is a budget emergency, but that doesn't mean the government has to act in a "panicked, chaotic fashion" to deal with it.
The Australian dollar has fallen to a fresh three-month low as declining commodity prices and a rally in the US dollar puts the currency under pressure.
Just four months after becoming Forge Group's new lender, it appears ANZ Banking Group will need to pitch in more debt financing to keep the struggling company afloat.
Doray Minerals has officially opened its Andy Well gold project in the northern Murchison region, at a ceremony hosted by mines and petroleum minister Bill Marmion.
The state government will retrospectively amend its land tax legislation after a court ruling broadened the potential for property developers to obtain an exemption.
Bis Industries has deferred plans to launch a long-anticipated $510 million initial public offering due to what it describes as unfavourable market sentiment towards the Australian mining and resources sectors.
Sino Gas & Energy has taken advantage of a strong rally in its share price, reaching an agreement to raise $53 million at 20 cents per share, to progress development of its coal seam gas assets in China's Ordos Basin.
Independence Group has downsized forecasted quarterly gold production at its part-owned Tropicana gold mine, after producing first gold within budget and ahead of schedule.
Perth-based Hazelwood Resources will look to raise up to $7 million to accelerate production at the ATC ferrotungsten joint venture facility in Vietnam, in which it has a 60 per cent stake.
Programmed Maintenance Services has recorded a flat half year profit despite taking a hit to revenue as a result of a slowdown in investment in the resources sector.
The Australian dollar has recovered some ground after falling to a fresh three-month low amid increasing expectations of an interest rate cut in early 2014 and profit-taking.
