Development group Peet says long-term conditions in the Australian property are fundamentally sound, but has warned falling consumer confidence could stymie a sustained improvement in housing deman
Gold sector players Evolution Mining and Ampella Mining have revealed additional cost-cutting initiatives to deal with the impact of low spot prices for the precious metal.
Contracting group NRW Holdings been selected to provide earthworks for rail infrastructure at the $10 billion Roy Hill iron ore development in the Pilbara.
Uranium miner Paladin Energy has recorded a $US420.9 million full year loss, more than double last year's loss of $US172.8 million, as the uranium price remains weak.
Electrical and homewares retailer Harvey Norman's full year profit has fallen 17.5 per cent amid dwindling sales across its Australian and European businesses.
Cherie Leeden returned from the front line to the conference room last week, telling Metals of Africa shareholders in Perth and Sydney about the copper, zinc and high-grade lead found at the surfac
Airline Virgin Australia has fallen into the red.The company today reported a net loss of $98.1 million for the year to June 30, compared with a $22.8 million profit the previous year.
Mining services contractors have slashed thousands of jobs as the slowdown in the resources sector piles pressure on companies to cut costs after several years of growth.
The Australian dollar is lower as solid US economic growth figures raised expectations the Federal Reserve will scale back its asset purchases in the coming months.
US stocks have closed higher following an upgrade to US second-quarter economic growth and a shift in expectations away from an immediate military strike on Syria.
Sandalwood producer TFS Corporation has announced a record net profit after tax of $55.7 million for the year ended June 30 and appointed a new chairman.
The $10 billion Roy Hill project remains on track to start mining next year and achieve its first iron ore exports in the third quarter of 2015, its project director said today.
The Barnett government has scrapped funding for a small business training scheme as it seeks to rein in spending to preserve its modest budget surplus.
Opposition treasury spokesman Joe Hockey has defended the coalition's $31.6 billion of proposed savings, saying Labor's accusations that they don't add up are "dead wrong".
Information technology group Empired has paid its first dividend to investors, after reporting a solid lift in net profit over the past financial year.
Gold miner Troy Resources' net profit has been smashed by lower gold and silver prices and lower grades at both of its producing mines, falling 41 per cent in the 2013 financial year.
Gold and nickel miner Independence Group says its major focus for the 2014 financial year will be its Tropicana joint venture with AngloGold Ashanti, after rebounding back to profitability with an