BHP Billiton's new boss Andrew Mackenzie has shaken up the global miner's leadership group, with petroleum boss Michael Yeager leaving the company but Perth-based iron ore president Jimmy Wilson an
US stocks have closed sharply lower in the wake of disappointing earnings reports and a 5.5 per cent plunge in Apple shares, along with dreary economic sentiment in Europe.
Western Australia’s housing construction rebound has continued, with new home commencements increasing for the second consecutive quarter according to the Bureau of Statistics.
Prime Minister Julia Gillard is still hopeful most of the states and territories will sign up to Labor's schools funding reforms this week, despite the reluctance of Queensland and Western Australia.
Industry has savaged the federal government’s planned changes to the Fair Work Act, telling a Senate inquiry the “backwards” legislation will hurt business, limit productivity and hand more power t
The federal government is expected to review modelling for its carbon tax in the lead-up to the budget, after a vote in the European Union sent the price of CO2 emissions tumbling.
An inquiry into claims of corruption and fraud at Peel Health Campus south of Perth has found no evidence of compromised patient care, but has made eight recommendations to improve its ma
Western Australia’s Auditor General says the Barnett government’s office consolidation plan is not providing maximum benefits to the state, because the strategy covers less than half of WA's govern
Junior explorers Highfield Resources and Venturex Resources have braved an uncertain market, announcing plans to raise up to $16.4 million collectively.
Struggling farmers may be thrown a modest lifeline by the state government, with the premier saying it could help out with bank financing but it won't be assuming any debt on their behalf.
Atlas Iron is confident of meeting its full year producrion targets as it continues talks about developing a Pilbara rail solution to support its longer term growth.
Treasurer Wayne Swan has deflected questions about whether slowing world economic growth will push out budget deficits, saying international forecasts show a "resilient" local economy.
Mining services groups Ausdrill and Emeco have joined peer Calibre Group in announcing the general slowdown in mining and exploration activity in Australia will take a big chunk out of their expect
Australian stocks have opened firmer, with the strong start to the trading day underpinned by gains among the big four retail banks and defensive sectors.
Gold snapped higher overnight, reboundinvg a day after the biggest selloff in 30 years amid signs that the lower prices were luring buyers of bullion, coins and jewellery.
US stocks have rallied strongly as investors took Monday's market rout as a buying opportunity.The Dow Jones Industrial Average jumped 157.58 (1.08 per cent) to 14,756.78.
Mermaid Marine managing director Jeff Weber has sold $5.4 million worth of shares in the company, to fund the exercise of incentive options and the associated tax liabilities.