Latest Headlines

Mineral Resources has booked a 22 per cent drop in half year net profit, on the back of a slump in iron ore prices over the second quarter of financial year 2013.

Nickel miner Mirabela expects to write down the value of its Brazilian Santa Rita assets by at least million ( million).

Cash Converters' half year profits have soared nearly 40 per cent, thanks to a boost in revenue from its personal loans business.

Labor's $3.4 billion Metronet rail project will be funded by relocating Perth's major stadium to Subiaco and scrapping state government funding earmarked for the mothballed Oakajee port projec

The supermarket price wars seem far from over, with Wesfarmers chief Richard Goyder looking to increase Coles' sales and cut costs further after reporting a higher first-half profit today.

Federal Opposition Leader Tony Abbott says banks shouldn't be penalised for their enormous profits by paying more tax.

Australia's number two telco, Optus, has posted a 9.2 per cent fall in third quarter net profit amid flat mobile subscriber growth.

Chinese government-owned CITIC has taken a 13 per cent stake in Alumina for $452 million, sending shares in the smelter investor to their highest level in almost a year.

Australian shares have opened flat, as investors remain cautious a day after the market closed at its highest level since 2008.

David Jones second quarter sales, which includes the vital Christmas period, have fallen 1.4 per cent with its home category the worst performer.

Property group Mirvac is not ruling out a play for rival Australand despite announcing a 69 per cent fall in profits.

Indian-owned engineering group Sembawang Australia has trumped Leighton Holdings' offer for Macmahon Holdings' construction arm, offering $35 million for the troubled business.

Engineering firm Downer EDI's first half profit has grown by 11 per cent and the company has maintained its expectation of improved underlying profit for the full year.

Treasurer Wayne Swan says speculation the government may put up income tax is "ridiculous and absurd".

A collection of lacklustre earnings reports and in-line economic data have capped US stock gains, with the markets gaining no bump -- or loss -- from President Barack Obama's key policy speech.

The federal government says tighter tax avoidance laws impacting multinational companies will protect more than $1 billion in revenue each year.

Nickel miner Mincor Resources has shrugged off a first half loss of $2.21 million to declared an interim dividend of 2 cents per share.

The Australian share market closed at its highest level since 2008 as bank stocks soared on a better than expected profit from Commonwealth Bank (CBA).

Infrastructure services firm Cardno has acquired Bunbury-based Geotech Materials Testing Services in a transaction worth up to $26.7 million.

Northern Star Resources has booked a half year profit increase of 78 per cent, after increasing production capacity at its Paulsens gold mine to more than 100,000 ounces per year.

The mining industry has urged state and federal governments to tread with caution over implementing recommendations from a parliamentary inquiry into fly-in, fly-out work practices, saying some of

The war of words over the cost of the state opposition’s Metronet heavy rail plan has continued, with Transport Minister Troy Buswell claiming Labor has failed to account for “at least” $1 billion

The Pilbara Stories exhibition has officially opened at the FORM Gallery in Perth.

ScreenWest has launched two digital initiatives to meet the industry’s growing demand to create and develop digital content.

Shares in Skilled Group are up more than four per cent after the labour contractor reported a double-digit lift in first half net profit.

WESTERN Australia’s peak building industry group has called for urgent reform after the state’s largest home indemnity insurer, QBE, announced a 40 per cent premium price hike.

Engineering giant WorleyParsons has posted a flat first half profit result and tempered its forecasts for the full year.

Oz Minerals' full year profit has fallen by more than 44 per cent but the company remains on track to meet its copper and gold production targets.

Rio Tinto's Gove alumina refinery will stay open, the Northern Territory government has confirmed.Chief Minister Terry Mills said the mining giant had agreed to keep he plant open.

Boral chief Mike Kane says the Australian housing market is too difficult to predict as his company posted a first half net loss of $25.3 million.

Consumer sentiment has surged to its highest level in more than two years, fuelled by low interest rates and improving property and share markets.

The Australian share market has breifly broken through the 5,000 point mark as a better than expected profit by Commonwealth Bank boosts sentiment.