Aurora Oil & Gas has secured $US250 million in debt finance to fund the development of its recently-acquired onshore oil and gas acreage in South Texas.
Australia has posted its strongest monthly employment growth in 13 years, confounding expectations as the unemployment rate held steady for a third straight month.
The West Australian Ballet and Black Swan State Theatre Company are among six arts companies across Australia to win extra funding in the federal government’s new cultural policy.
Businesses expect the pain of a high exchange rate to intensify over the coming year, with exporters saying they will respond by slashing their investment spending.
Sirius Resources has recruited three executives from copper miner Sandfire Resources following a spate of positive exploration results and the ramp-up of its drilling program.
The Ed Eshuys-chaired Apex Minerals has solved its need for short-term capital to support its Wiluna gold mine, selling off the asset to a China-based investment house for $50 million.
The City of Perth won't back a hotel application at Barrack Square, adjacent to the contentious Elizabeth Quay development, because it says the proposed 11-storey development is too tall.
The federal government is likely to produce a budget deficit of about $20 billion this financial year on the back of declining company tax revenues, according to new analysis.
Music charity Strike A Chord has lost its operating license after regulators found a lack of seperation between its charitable activities and profit making companies supplying services.
BHP Billiton has denied any wrongdoing after the Australian Federal Police (AFP) and US authorities launched an investigation into bribery allegations surrounding the company's sponsorship of the B
National Australia Bank plans to save about $800 million a year from new changes to its business that include a major reshuffle of its senior managers.
