Premier Colin Barnett says it's not too late for the federal government to halve its carbon price "to something around $10 a tonne", even though he does not believe it will reduce greenhouse gases.
The Australian dollar has climbed to a two-month high against its US counterpart after European leaders agreed to measures aimed at alleviating the euro zone's sovereign debt crisis.
US stocks leaped two per cent on Friday sparked by the dramatic measures adopted in Brussels to stem the eurozone crisis and stimulate growth, giving the markets a strong end to a rocky first half.
The Australian dollar has risen to its highest level in more than a week after European leaders announced a deal aimed at reducing borrowing costs for Spain and Italy.
The State Government is belatedly proceeding with a detailed assessment of container port options in Cockburn Sound, one year after transport minister Troy Buswell announced the review.
Pacific Equity Partners is to acquire Nestle's Peters Ice Cream business for an undisclosed sum as the international food business shifts its range away from refrigerated products in Australia.
Gina Rinehart has thrown down the gauntlet to Fairfax Media in her push for board representation, challenging chairman Roger Corbett to set and meet a share price target of 87 cents by the company'
The Australian sharemarket has closed higher in the last trading session of the financial year, with investors heartened by the fact that European leaders looked like they had settled on a plan to
Gold miner Reed Resources has announced further changes to its board, with executive chairman David Reed stepping back into a non-executive role and Ian Junk and Peter Collins retiring from the boa
Outgoing police minister Rob Johnson says he doesn't know why he was axed ahead of next year's election and is disappointed by Premier Colin Barnett's cabinet shake-up.
Platinum Australia has been placed into voluntary administration, citing operational issues at its Smokey Hills mine in South Africa and a costly dispute with a former contractor.
Mining magnate Gina Rinehart is likely to succeed in wresting control of Fairfax Media, but it could take at least six months of manoeuvring, an academic says.
St Barbara and Allied Gold have unveiled a merger plan aimed at creating an international gold producer and explorer with a market capitalisation of more than $1 billion.
A federal-state government rescue package of more than $40 million will keep Alcoa's Victorian smelter open for at least another two years and most of its workforce in a job.
David Jones has been been approached by a UK investor, believed to be EB Private Equity, with a takeover proposal that reportedly puts an enterprtise value on the retailer of $1.65 billion.
News Corp's Australian newspapers and pay TV companies will stay together while worldwide the media group's publishing assets are split off from TV and film under a restructure announced by the com
US stocks have slashed steep early losses in the last hour of trade to end moderately lower, amid short covering and hopes that EU leaders would agree measures to stem the eurozone crisis.
Australian law firm Freehills and English firm Herbert Smith announced today that their partners have voted overwhelmingly in favour of a merger to create a new firm that will trade as Herbert Smit
One day before it was due to be released, Environment Minister Bill Marmion has announced that he is seeking legal advice on the Environmental Protection Authority’s report into the proposed gas hu
Beleaguered grocery wholesaler Metcash is diversifying into the car spare parts business to help bolster its bottom line and will undertake a $375 million capital raising to help pay for the new bu
Economists doubt that the central bank will cut interest rates for a third month in a row when its board meets next week, despite further signs of weakness in demand for workers and new houses.
New home sales declined in Western Australia by 4.7 per cent in May, but the Housing Industry Association says conditions are right for the sector to bounce back by the end of the year.
The Australian share market surrendered most of its early gains to close almost flat as local investors waited to see if European Union leaders meeting in Brussels would act to contain the euro zon
Caltex Australia, which is pondering closing its refining operations, expects its first half profit to rise by as much as 81 per cent per cent due to higher refinery production.
