Latest Headlines

China's Shandong Gold has won approval from the Foreign Investment Review Board to take a 51 per cent stake in Perth-based miner Focus Minerals, in return for a $227.5 million investment.

Mix 94.5 has hung on to its spot on top of the Perth radio rankings, despite a slight fall in listener numbers.

The Australian market finished slightly higher as the closure of Wall Street due to superstorm Sandy led to subdued local trading.

An appeal by Gina Rinehart's Hancock Prospecting over the big Rhodes Ridge iron-ore project in Western Australia has been dismissed but the company has indicated it will contest certain court order

Premier Colin Barnett was not amused by the gift of a train shaped cake from union officials to welcome him to his refurbished $26 million offices in Perth.

The threat of Asian geckos hitchhiking on ships bound for the $43 billion Gorgon gas project on Barrow Island has prompted scientists to develop an early warning system that sends a text if th

Foreign Minister Bob Carr says it may take some time to resolve the case of an Australian lawyer prevented from leaving Mongolia.

Alcoa of Australia has become the first company to enter an annual compliance arrangement with the Australian Tax Office for four separate taxes: income tax, fringe benefits tax, GST and excise fue

Further environmental protection conditions will be imposed on Woodside Petroleum's proposed $30 billion Kimberley gas hub following an investigation into appeals against a report supporting the pr

BHP Billiton expects its Queensland coking coal production capacity to grow by 50 per cent by the end of 2014.

Casino operator Crown wants to make Perth a major gateway for mass-market Chinese gamblers following the success of casino hotspot Singapore.

Subsea engineering services provider Neptune Marine has received a $59.6 million takeover proposal from Singapore-listed MTQ Corporation.

Junior mining companies' desperation for cash is paving the way for a flurry of mergers and acquisitions.

The state government has defended its selection of a South Korean associated company to build an artificial reef at Geographe Bay in the state's south.

Treasurer Wayne Swan expects a change of leadership in China will bring both new challenges and opportunities over the next six months.

Too big to fail. Too big to succeed.

Australia's housing sector has been hit again, with home sales dropping for a third consecutive month.

Commonwealth Bank chairman David Turner says the bank expects demand for credit to remain subdued this financial year amid economic uncertainty around the world.

Virgin Australia has made a $98.7 million takeover offer for regional carrier Skywest.

The Australian market has opened marginally higher amid quiet trading with Wall Street closed because of Hurricane Sandy.

Woodside Petroleum has signed a preliminary agreement with the Japan Bank for International Cooperation to help finance future liquefied natural gas projects.

US stock markets are closed as Hurricane Sandy nears landfall on the heavily populated east coast and parts of New York City's financial district were evacuated.

The Australian dollar has been boosted by better than expected US economic growth figures that helped turn around market sentiment.

Miles Kennedy's Lucapa Diamond Company is seeking to raise $5.7 million to expand its exploration programme at its Lulo diamond concession in Angola.

Mozambique-focused Metals of Africa has made a successful debut on the Australian Securities Exchange, its shares closing 3 cents above their issue price after their first day of trade.

Internet service provider iiNet has secured $330 million in debt finance with a syndicate comprising Australia's big four banks.

The state government is pressing ahead with plans for a gas pipeline to Albany, despite the project losing its largest potential customer and facing projected operating losses.

Agribusiness and automotive interiors supplier Elders wants to sell its biggest business unit, its rural services business, before someone tries to take it over.

Prime Minister Julia Gillard has avoided opposition calls to directly guarantee there will be a budget surplus this financial year.

The Australian share market closed a touch higher as investors sold off shares ahead of some major annual general meetings this week.

Sirius Resources' Nova nickel discovery keeps on giving – helping the company raise more than $8 million in the past month alone.

Chief Justice Wayne Martin has been appointed as the inaugural chair of Curtin University's new law school, which will offer four-year Bachelor of Laws degrees beginning next year.