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.
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.
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.
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.
The Reserve Bank of Australia is introducing industry-wide reporting standards for mortgage-backed securities to boost investor confidence in the market.
The latest snapshot of Perth’s real estate market shows that property prices have remained flat while sales activity and property listings have fallen.
Australian small businesses that sell their goods and services online were 33 per cent more likely to have increased their profits in 2011/12, according to a report from American Express.
Southern Cross Goldfields says it has a short-list of financiers to provide the necessary funding to complete the acquisition of the Sandstone gold project from Troy Resources.
Reed Resources has launched a $10 million placement and share purchase plan, to boost working capital as it moves towards start-up at its Meekatharra gold project.
The federal government is planning to raise an extra $10 billion from the business sector through new tax measures announced today in response to a sharp deterioration in its budget outlook.
Australian stocks have opened weaker, as a disappointing finish on Wall Street over the weekend prompted widespread selling at the start of the local trading week.
Shares in Sundance Resources have risen by almost six per cent after China's Hanlong Mining locked in deals securing loans to help it finance its $1.37 billion takeover of the iron ore company.
Western Australia is still the nation's economic powerhouse but a slowdown in the mining sector could lead to weaker spending and a softer jobs market.
US markets sank on Friday, with the Nasdaq pulled down more than two per cent by a tech stock rout led by Apple and Microsoft as a raft of disappointing earnings and trimmed forecasts spooked inves
Prominent Perth lawyer Leigh Warnick has announced plans to join the independent Bar, bringing to an end his 18-month foray with local firm Lavan Legal.
