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Global economic uncertainty is continuing to weigh on the Western Australian economy, but the state’s peak industry group is nonetheless forecasting economic growth of 6.5 per cent for the 2012-13

The Australian dollar is marking time ahead of the release of key inflation data.

Nomad Building Solutions subsidiary McGrath Homes has won a $28.8 million contract to design, manufacture and install 60 modular homes for Rio Tinto.

The local head of global fuel giant BP has warned that Australia is losing investment because it is increasingly expensive to do business and the federal government is failing to tackle the issue.

The Australian share market closed almost unchanged, as investors awaited key manufacturing data from China and more news on company earnings in the United States.

Resources Minister Martin Ferguson has ruled out Australia pursuing nuclear energy as an increasing number of states open the door to uranium mining.

Fairfax Media chief executive Greg Hywood says the embattled media group has investigated a breakup of its assets and found the numbers didn't stack up.

Australia is ranked 10th in the world for the ease of doing business having jumped five places in the past year.

Phoenix Gold has raised $20 million through a share placement, to accelerate drilling programs at its gold projects in the Goldfields over the next 12 to 15 months.

A small ceremony in South Korea last week will eventually lead to a big debate in Australia about who benefits most from resource development in this country; Australians or foreigners.

Oz Minerals says it remains on track to meet its full-year guidance despite posting a fall in copper and gold production during the September quarter.

Clothing and homewares supplier Pacific Brands says it is too early to tell if its financial results will improve upon last year's.

West Perth based nickel explorer ENK will officially delist from the Australian Stock Exchange today after being taken over by Filipino resources and construction giant DMCI Holdings.

Energy giant Woodside Petroleum is looking to expand its operations to Israel.

Ten Network Holdings has received a reduced offer for its outdoor advertising business Eye Corp from its private equity suitor.

The defence and resources sectors should introduce a "buy Australian" policy, a union says, amid a slump in Western Australia's manufacturing industry.

The Australian share market has opened flat.

A modest tightening in the federal government's budget position adds to the case for lower interest rates, but a reduction in November still hinges on another benign inflation reading.

Australia's ability to compete internationally is under pressure as business leaders struggle to engage with Asia.

A diminished sales forecast by industrial bellwether Caterpillar has clouded stocks, but a last-minute burst of buying pushed the Dow and S&P 500 barely back into the black for the session.

In what must rate as one of the more embarrassing oversights in WA business, engineering contractor Forge Group has admitted that it forgot about one of its directors when it prepared this year’s n

Malaga-based drilling equipment manufacturer Drillstar Engineering has been acquired by Swedish company Driconeq AB after more than 20 months of talks.

Drilling services and mining contractor Ausdrill is considering issuing $US300 million in unsecured notes to USA-based institutional investors.  

Amadeus Energy has announced a merger deal with UK-based Ecofin Energy, owners of Texas-based Lonestar Resources.

The Australian dollar is a third of a US cent lower as rising expectations of an interest rate cut in November put pressure on the currency.

Australian stocks have closed more than half a per cent lower, with the resources sector worst hit on a day of broad-based declines.

Winemaker Treasury Wines Estates says price increases, the release of more luxury wines and more promotional activities will help lift earnings in the second half of the financial year.

Mining services provider OTOC has announced a $32 million contract win for Rio Tinto in the Pilbara.

Atlas South Sea Pearls shares have jumped after it announced plans to raise up to $5 million alongside a proposal to acquire fragrance and flavour manufacturer Essential Oils of Tasmania.

NRW subsidiary Action Drill and Blast has won a three-year, $100 million supply contract with John Holland Group in Queensland.

Businesses in the state's northwest have been reminded to make sure contingency plans are in place to protect workers during the cyclone season.

The Reserve Bank of Australia is introducing industry-wide reporting standards for mortgage-backed securities to boost investor confidence in the market.