Virgin Australia has blamed uncertain economic conditions and strong airline competition for its reluctance to give firm profit guidance for the year ahead.
The likely inclusion of the Australian dollar in an obscure survey of central bank holdings of foreign exchange has been hailed as a feather in the currency's cap.
Listed company Core Services Group has announced plans to acquire civil engineering and construction contractor Marcon Group, formerly Marsh Civil, in an all-scrip transaction worth up to $10.1 mil
Productivity improvements are crucial for Australia to cope with an ageing population and declining terms of trade if living standards are to be raised, a senior Treasury official says.
Employment in Western Australia's resources sector is expected to peak at 125,000, up almost eight per cent from present levels, according to a new report by the state's Chamber of Minerals an
Chinese property developer Shanghai Zhongfu was today confirmed as the preferred proponent to develop 13,400 hectares of irrigated land in the Kimberley, and has immediately highlighted the substan
The Lakeside Joondalup shopping centre is set for a $300 million revamp, with Lend Lease contracted to design and construct a 25,000 square metre expansion which will make it the largest retail dev
The Australian Greens are looking to a plug a hole in the federal government's mining tax that will stop resource companies claiming credits for increased state royalties.
Rare earths miner Lynas expects production at its controversial plant in Malaysia to begin in December after long delays caused by environmental and political concerns.
US stocks have surged on upbeat housing data and hopes that politicians will find a way to avoid the so-called "fiscal cliff" of automatic tax hikes and spending cuts in January.
Uranium junior Energy and Minerals Australia has completed a $4.12 million capital raising to continue development at its Mulga Rocks deposit in the north-east Goldfields.
Wolf Minerals has secured credit approval from a syndicate of banks for a £75 million ($115 million) finance facility to go towards the development of its Hemerdon tungsten and tin project in south
Small businesses are calling out for another interest rate cut when the central bank holds its final board meeting of the year in December, faced with continuing difficult trading conditions.
Prince Philippe, the Prince of Belgium, has been urged to jump on board the Western Australian economic juggernaut during his first official day of a trade mission to Australia.
The Australian market closed higher after investors received a glimmer of hope that US politicians may be able to negotiate to avoid falling off the "fiscal cliff".
Project delays and deferrals in the resources sector have inflicted another blow, with GR Engineering joining the growing list of contractors slashing their earnings guidance for the 2013 financial
The federal government will release information about the amount of revenue raised by its Mineral Resources Revenue Tax in its regular monthly financial reports, Finance Minister Penny Wo