The downturn in China's economy since 2011 has sliced $US2.4 billion off Australia's economic growth and led to a slide in export income of $US2.6 billion, according to a United Nations report.
ANZ's economists are predicting the cash rate will be cut to two per cent by the end of 2013 and suggest it may be a good idea for the government to step back from its budget surplus plans.
A six-day strike has begun at Fremantle Port after weekend talks between the union and state-owned operator failed to break an impasse over long-term job security.
Tourism Australia has signed a three-year marketing agreement with Etihad Airways worth $6 million as the peak body moves to fill the gap created by the loss of funding from Qantas.
International investment bank Goldman Sachs has released a bullish outlook for the iron ore market, predicting average spot prices to hover around $US140 per tonne in 2013.
Treasurer Wayne Swan and his state and territory counterparts will discuss "refinements" to the distribution of GST proceeds and a revamp of mining taxes when they gather next week.
Engineering and construction group Clough has proven not all is doom and gloom in the mining services sector in the lead-up to the holidays, saying recent contract wins have it expecting a better p
The Australian dollar is slightly lower on concerns about the US fiscal cliff.At 1700 AEDT, the local unit was trading at 105.44 US cents, down from 105.52 cents at yesterday's close.
Perth's fleet of compressed natural gas buses will be kept on the road while an inquiry is undertaken into why one of them was destroyed by a dramatic fire on Friday morning.
Macmahon Holdings' shares have dropped by more than a fifth after resuming trade following an $80.7 million capital raising announcement and the sale of its construction business.
Australian stocks have finished the day at their highest levels for the year after a flat session influenced by good news out of China and bad news out of the US.
Australia has been described as the "Iron Man" of the major industrialised nations, after producing 21 years of uninterrupted economic growth and building conditions that should help insulate it fr
The state government is expecting patrons to get to its new multi-purpose stadium at Burswood on their own two feet or via bus or train - but not by car - under a public transport plan that takes t
The property industry has urged the state government to not follow the lead of eastern states governments and continue offering the first home owners’ grant universally in Western Australia.
Caltex Australia has pleased the market by forecasting a return to full-year profit in 2012 but a slowdown in its marketing business has raised concerns.
A planned eight-day strike at the busy Port of Fremantle will be called off if assurances about job security are provided to workers, the Maritime Union of Australia says.
A potential worsening crisis in Europe is the biggest challenge facing Australia, but it's not as vulnerable as many other countries, a global agency says.
