Latest Headlines

Western Australia should maintain its AAA credit rating if steps being taken by the Barnett government are as effective as hoped, Treasurer Troy Buswell says.

Gold miner Resolute Mining has acquired a 20 per cent stake in Noble Mineral Resources, while at the same time making an $85 million financing proposal designed to trump a similar offer from China'

Indian company Lanco Infratech has released details of the planned expansion of its Griffin Coal business, in which it will invest an estimated $1.2 billion to underpin annual exports of 12 million

Air Mauritius has announced it is adding a third weekly flight from Perth to the island nation, starting from April next year.

Australia's renewable energy target has driven $18.5 billion of investment in clean power and eroded wholesale energy prices since it was introduced a decade ago, a new report suggests.

Federal Treasurer Wayne Swan has ruled out pursuing a cut in the company tax rate if battlers have to pay for it

Plans are in motion for a $350 to $400 million redevelopment of Booragoon's Garden City shopping centre, after a complex multi-million dollar ownership swap between Westfield and AMP Capital.

The federal government is playing down reports its new mining tax has failed to raise a single cent of revenue in its first three months.

Western Australia's retirement village residents will have an avenue to appeal unwarranted hikes to charges under laws that have passed state parliament.

Gold miner Newcrest says it expects to produce more than three million ounces of the precious metal annually within a few years.

Australian stocks have opened higher, with local market players looking past a weak lead from Wall Street.

Wesfarmers has overcome tough times in the retail world and lifted its first quarter sales.

ANZ Banking Group has posted a record $5.66 billion full year profit as it grew earnings from its domestic and international operations.

US stocks have closed lower, unable to hold on to earlier gains amid weak corporate earnings and after the Federal Reserve left policies on hold as expected.

Mining billionaire Gina Rinehart has struck a blow against the Fairfax Media board, voting against the company's executive pay report after a torrid annual general meeting.

Labor's controversial carbon tax might not push up consumer prices in its first year by as much as the federal government expected.

The Australia dollar jumped in response to a larger than expected rise in inflation, but ended the session weaker.

Mineral Commodities has announced plans to raise $14.5 million through a placement a, to fund the development of its Tormin mineral sands project on the west coast of South Africa.

Engineering and construction contractor Forge Group has outlined a new divisional structure to support a planned diversification of its business into the process infrastructure and oil & gas se

Industry has welcomed the state government's establishment of a round table to discuss electricity market reform.

Electricity network operator Western Power says it still doesn't know the cause of the 2009 Toodyay bushfire that destroyed 38 homes and continues to deny any liability, despite paying compensation

Global insurer QBE expects to achieve modest premium growth this financial year.Chief financial officer Neil Drabsch said QBE expected premium growth in the low single digits this year.

Australian stocks managed to avoid some of the heavy falls experienced on Wall Street, but the local sharemarket still finished 0.8 per cent lower.

Southern Cross Electrical Engineering has announced a $100 million contract with Rio Tinto as part of its Cape Lambert port expansion.

Mining productivity is expected to turn around and post big gains over the next decade, but the sector is unlikely to enjoy the same rate of growth in employment, a central banker says.

China's manufacturing activity contracted in October but at a slower pace than in previous months, a sign the slowdown in the world's number two economy is bottoming out.

Engineering firm WorleyParsons has bought South Africa-based company TWP Holdings for $100 million and extended a contract with BP in Iraq.

Climate Change Minister Greg Combet has attacked Tony Abbott's plan to repeal Labor's carbon tax as a sovereign risk.

Perth's local government structure badly needs to be overhauled and reduced to no more than 20 metropolitan councils, Premier Colin Barnett says.

The massive rises in electricity prices in the last five years should not have occurred and were due to a flawed set of industry rules, says the competition regulator.

Engineering and construction group Monadelphous has announced $320 million in new contracts for Rio Tinto in the Pilbara.

Shares in Fairfax Media have gained as much as nine per cent after its executives reassured shareholders a strategic review would help the troubled media company ride out tough trading conditions.