Latest Headlines

A consortium between Leighton Properties and Mirvac has moved into pole position to secure development rights for more than five hectares of inner city land as part of the Perth City Link redevelop

Tasmania-focused miner Bass Metals has cleared its debts by offloading its subsidiary Hellyer Mill Operations to Singapore-listed investment house LionGold Corp for $13.5 million.

Australia's largest engineering group, WorleyParsons, has announced an unusual succession plan, with internal candidate Andrew Wood selected as the new CEO and incumbent John Grill planning a five-

China-backed iron ore miners in the Mid West are preparing to join forces to develop a port and rail link to Oakajee if the current proposal by Oakajee Port and Rail fails to proceed.

The editor of Australia's largest daily newspaper has suddenly resigned while major changes continue rumbling across an unstable media landscape.

Speculation is growing that billionaire Gina Rinehart will reverse her opposition to Fairfax Media's editorial independence charter to get a board seat and speed up takeover plans.

The Australian sharemarket has opened slightly lower following interest rate cuts in Europe and China.

Supermarket giant Woolworths has been accused of using "brutal negotiations" to squeeze price cuts from suppliers to help fund a price war with rival Coles.

The Australian dollar hit a two month high after Britain and Europe's central banks announced fresh stimulus measures.

US stocks narrowed early losses but ended lower overall after central banks in China and Europe acted to boost growth but US data did not set a clear path for the Federal Reserve to follow suit.

The Australian dollar weakened slight as traders consolidated their positions ahead of possible economic announcements in Europe and the US.

Engineering and construction group Clough has signed a two-year sponsorship deal with Perth Glory.

Australia's richest woman, Gina Rinehart, has reduced her stake in Fairfax Media, offloading more than 86 million shares.

The Australian share market closed flat on a day when only about two-thirds of the average daily value was traded, amid an absence of offshore leads with Wall street closed for a public holiday.

Saudi Arabian-based engineering contractor NSH Corporation set up shop in Perth today and announced plans to provide services to the oil and gas sector, including the use of foreign labour to shore

Perth Zoo has completed its jumbo-sized solar panel installation - stretching partly across its elephant enclosure - making it the city's largest single source of sun power.

Carnegie Wave Energy is in discussions with the Water Corporation to provide renewable energy to power the Southern Seawater Desalination Plant.

Two solar panel companies have been found to have made misleading comments about the impact of the carbon tax on electricity prices.

Automotive Holdings Group has beefed up its Rand Refrigerated Logistics division, acquiring Toll Holdings’ interstate refrigerated transport business for $6.5 million, on the same day it offloaded

Murchison Metals has been hit with a multi-million dollar claim by one of its former advisers.

 The state government plans to repeal 40-year-old legislation that deals with the estates of Aboriginal people in a discriminatory way.

Australia trade balance remained in deficit in May but is expected to return to surplus as exports pick up over the coming months.

Australian stocks opened flat following a lacklustre day on European markets and Wall Street closed for the July 4 public holiday.

The Australian dollar has drifted lower in a quiet overnight session as markets wait to see whether Europe's top bankers will introduce new stimulus measures.

European stock markets were little changed and the euro slipped against the dollar on Wednesday as investors waited for key monetary policy decisions by the European Central Bank and Bank of Englan

Minerals explorer Bannon Limited has listed on the Australian Securities Exchange, after raising $2.5 million through its initial public offering.

The state’ economic watchdog has released its final report on its inquiry into electricity retailer Synergy, saying the utility would have to hike residential bills by 29 per cent on average to ens

Nexus Energy says it is close to finalising the sale of a large chunk of its Crux petroleum field in the Browse Basin to Royal Dutch Shell.

The Australian sharemarket has closed higher as local investors took heart from better-than-expected economic data out of the United States and a rosier outlook in the troubled euro zone.

Navigator Resources has recruited Andy Tudor to succeed David Hatch as its new managing director to try and turn around the fortunes of the struggling gold miner.

Queensland-based Linc Energy has cut 60 jobs as it aims to achieve a cash profit of $15 million in the 2012/13 financial year.

Bakery chain Brumby's could be fined if found to have incorrectly linked upcoming price rises to the carbon tax, the federal government says.