Macmahon Holdings says an existing agreement to sell its construction operations to Leighton Holdings means it is unable to let an Indian-based bidder conduct due diligence on the assets.
Gina Rinehart's private company Hancock Prospecting Pty Ltd has belatedly revealed the scale of its income and profits by lodging annual returns for 2010 and 2011 with the Australian Securities and
The Australian dollar has fallen to its lowest level in two weeks on concerns about US debt, after a plan to raise taxes for millionaires divided Republicans in Congress.
Treasurer Troy Buswell says his legal team is assessing an offer to settle court action between himself and his former lover, independent MP Adele Carles.
Straits Resources has bolstered its management team, appointing former Norton Gold Fields executives Andre Labuschagne and Robert Brainsbury as chief executive and chief financial officer.
The state government has trimmed its surplus forecast for the current financial year by $56 million as it lifts spending to meet the needs of an expanding population while revenue from mining royal
Henderson-based shipbuilder Austal has fallen $14 million short of its target for the retail component of a $78 million capital raising completed today.
MZI Resources has reached agreement with two major banks to secure a $54 million project finance facility for the Keysbrook mineral sands development south of Perth.
The frontrunner for Western Australia's first uranium mine says a delay in the federal environmental assessment process won't affect the proposed project schedule - for now.
The cost of so-called "poles and wires" utility infrastructure has been the biggest driver of electricity prices over the past five years, the Australian Energy Regulator has confirmed.
Ratings agency Moody's has downgraded its outlook for Western Australia's AAA credit rating to negative from stable because of the state's mounting debt.
Treasurer Wayne Swan has accused the opposition of twisting the facts about the economy as he continues to defend Labor's decision to drop its budget surplus.
US stocks swung higher on Thursday as the market appeared to show optimism about a potential deal in Washington to prevent the economy from going over the so-called fiscal cliff.
Australia's ability to repay its debt will be unaffected by the government's admission it's unlikely to deliver a budget surplus this financial year, a global ratings agency says.
The Australian dollar has finished the local session below 105 US cents for the first time in more than a week as the currency loses some of its safe-haven lustre.
