Opposition Leader Tony Abbott says today’s leadership ballot fizzle has resulted in a standoff and not a resolution as trumpeted by Prime Minister Julia Gillard.
The risk of possible tax increases is weighing on business sentiment in the run-up to the May budget, along with a high Australian dollar and difficult circumstances in overseas markets.
Investor Craig Burton and Navitas executive Scott Jones have backed a restructurting at Verus Investments, which has announced a capital raising and a new managing director to support its oil &
Titan Energy shares have jumped on the ASX today, after the company said it had made a commercial oil and gas discovery at its Allen Dome oil field in Texas.
Australian businesses are struggling to recruit staff with adequate maths, science, technology and engineering skills, which is stifling productivity and competitiveness, a new industry report says
Opposition Leader Tony Abbott's motion of no confidence in Prime Minister Julia Gillard has failed, after the vote fell short of the overall majority required.
Prime minister Julia Gillard and her deputy Wayne Swan will continue in their jobs, after no competing candidates entered the leadership ballot called in Canberra today.
Premier Investments, the retailer behind brands including Just Jeans and Portmans, has brushed off the retail gloom and lifted its first half profit by 21 per cent.
Commonwealth Bank is free to seize control of independent mortgage provider Aussie Home Loans after the competition watchdog gave its blessing to the deal.
Emerging miners Atlas Iron and BC Iron remain confident that Chinese demand and longer-term prices for the commodity will remain buoyant, despite recent pessimism.
Sundance Resources has raised the possibility of terminating its long-running $1.3 billion takeover agreement with China’s Hanlong Mining, while also confirming it is in discussions with other part
West Africa-focused Papillon Resources has successfully raised $52.9 million through an institutional placement, with proceeds to fast track the development of its Fekola gold project.
Business groups have urged the new Liberal-National Cabinet to quickly implement commitments made during the election campaign, particularly reducing red tape and tackling the rising cost of doing
The boss of Gina Rinehart's Roy Hill mining project is confident it will begin shipping iron ore in 2015 despite ongoing challenges with securing funding.
Reed Resources has struck a deal with Crest Minerals over the Comet Vale gold project near Kalgoorlie, which is anticipated to be brought back online next year.
The federal government's plan for a public interest media advocate to oversee media mergers and press standards is on the brink of collapse after independent MP Andrew Wilkie ruled out backing Labo
Gas and fertiliser group Liberty Resources has brought forward the development of a $1.4 billion LNG processing plant in central Queensland to capitalise on current eastern states gas market condit
Former state Labor MP Ernie Bridge is suing the state government and companies owned by two of Australia's richest women after being diagnosed with asbestos-related diseases.