Woodside Petroleum says it has received the all-clear to sell part of its stake in the Browse gas project to Japan's Mitsubishi Corporation and Mitsui & Co.
US stocks have finished mixed after news that manufacturing contracted for the first time in almost three years in June, raising concerns about a key pillar of the US economic recovery.
Perth-based gold miner Resolute Mining says it will go ahead with a $241 million expansion of its Syama gold mine in Mali, after its board of directors approved the development.
Engineering and construction contractor Monadelphous has taken a 10 per cent stake in a joint venture partner, waste management services company Anaeco.
Tony Sage’s Cape Lambert Resources has become lithium miner Global Strategic Metals’ cornerstone investor, subscribing for a 19.8 per cent interest in the Perth-based exploration company.
Mining and materials group OneSteel has officially kissed goodbye to its name and said it is on track to deliver a positive earnings result for its steel operations.
Perth-based Automotive Holdings Group has sold five dealership sites to officially create its property syndicate; but will invest $6 million itself to finalise the sale.
Brierty stocks are up 15 per cent on the Australian Securities Exchange, after the mining services and construction contractor announced a higher-than-expected profit guidance for this financial ye
The cities of Greater Geraldton and Mandurah will use multimillion dollar grants from the federal government to back local infrastructure projects, as part of the plan to support housing developmen
Lend Lease shares increased by more than five per cent after the company announced that it expects to post a modest rise in operating profit for its 2011/12 financial year.
Managing the completion of road, rail and port projects in the resources sector is critical to Australia retaining its share of the commodity exports market, a government report says.
A leading business lobby group has dismissed as a marketing exercise, a statement signed by hundreds of businesses backing the federal government's carbon tax.
Incitec Pivot has appointed Paul Brasher as chairman of the fertiliser and explosives maker.Mr Brasher, a former chairman of accounting firm PwC, replaces John Watson in the top role.
Hopes of a $1.65 billion takeover deal for David Jones have been dashed, with the mystery British private equity group behind the proposal making a quick retreat.
Interest rates cuts are having a positive effect on the housing market, new research says, with median home values rising across nearly all capital cities, including a 2 per cent jump in Perth.
Altona Mining has commenced discussions with Xstrata over the price of a 51 per cent interest in the Roseby copper project near Mt Isa in Queensland, after the international mining giant exercised
Australia's rate of inflation has fallen to its lowest level since the global financial crisis, a survey shows, giving the central bank room to cut interest rates further.
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
