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Australian shares closed marginally higher on Friday to complete their biggest one-week gain since last October.

The NSW government has agreed to privatise the state's ports, in a deal that will net more than $4 billion for infrastructure projects in the state.

APA Group is to sell the Moomba-to-Adelaide gas pipeline system to QIC Global Infrastructure for $400.6 million.

More than 330,000 people have applied to work Down Under as part of Tourism Australia's six 'Best Jobs in the World' promotion.

Mining billionaire Andrew Forrest says Australia will be left behind if efforts aren't made to make Sydney a strategic trading centre for Chinese currency.

Shares in Calibre Group have plummeted nearly 52 per cent after the engineering and asset management firm issued a profit warning.

Shares in Elemental Minerals leapt on the ASX today after the company received a non-binding takeover offer from a Hong Kong investment group.

UNITED States Ambassador to Australia Jeffrey Bleich says the US economy is well on its way to recovery, presenting a bullish perspective on the superpower's outlook.

The state government has short-listed three consortiums of the “world's top stadium builders” for the Burswood football arena.

Treasurer Wayne Swan is encouraging Australian businesses to get "ahead of the curve" and push toward greater use of the Chinese renminbi (RMB) currency in their trade dealings.

The Australian share market has opened higher after Wall Street hit fresh record highs overnight.

Western Australia's business leaders are concerned about productivity but less anxious about growth than their eastern-states counterparts, a directors survey has revealed.

Woodside Petroleum has held out the hope of proceeding with an alternative gas project in the Kimberley after spiralling costs forced it to terminate plans for a gas processing plant at James Price

US stocks have pushed to new record levels after the government's weekly report on jobless claims came in better than expected.

The Australian dollar hit a fresh 10-week high following gains on US sharemarkets, but lost some ground after disappointing jobs figures.

Outward changes to our products reflect the massive upheaval under way across the media landscape.

We can expect the battle for the soul of the Labor Party to be waged furiously after what seems like an inevitable election loss in September.

Alkane Resources says its Dubbo zirconia project is financially and technically robust, after completing a definitive feasibility study that put a $996 million price tag on the development.

Perth-based oil and gas junior Oilex has signed a gas sales agreement for production from its Cambay 73 well in India's Cambay Basin.

Mining billionaire Andrew Forrest has shown how you do philanthropy at the big end of town: put a million bucks on the table and challenge everyone in the room to match it.

The Australian share market has bounced back to close above the key 5,000 point mark for the first time in a month amid hopes that local interest rates will fall.

Former police minister Rob Johnson has attacked Premier Colin Barnett as a "dictator" after he was overlooked for the role of speaker of the legislative assembly.

Perkins Builders has announced a series of new contract wins highlighting its versatility in construction, with the projects including a new shopping centre, a hardware store, swimming pools and a

Norton Goldfields expects to increase production and continue cutting costs to help keep it on track to meet its 2013 production targets.

A consortium led by civil and mining contractor MACA has won a $42 million deal for a pair of road upgrade projects with Main Roads Western Australia.

Four and a half years ago, when Colin Barnett became premier of Western Australia, he surprised a few people by being quite chummy with Australia's newly elected prime minister, Kevin Rudd.

Australian grocery giant Woolworths is considering setting up shop overseas, but won't say where it's looking.

Gina Rinehart will probably have to face court when her bitter family trust fund battle is played out later this year.

Australia is lagging the world's best economies when it comes to productivity and needs a new plan to stop it falling further behind, BHP Billiton's chairman says.

Remerging Western Australia's power retailer and generator is a backwards step, federal Resources Minister Gary Gray says.