Ausdrill has completed its acquisition of the Best Tractor Parts Group, announcing today it has agreed to pay $165 million for the earthmoving and tractor equipment retailer.
The Australian dollar fell to its lowest level in a month, amid negative sentiment about China's economic outlook and speculation that Australia's mining boom might be waning.
Information technology company ASG Group has announced a dip in full-year profits, reflecting a transformational year for the company which invested heavily in the cloud computing sector over finan
Caltex Australia has played down the strong turnaround for its refining business that it plans to partially close, after the company posted a big rise in profits.
The Australian share market has closed slightly lower as investors wait to see if the United States and China will take further measures to stimulate their economies.
Swick Mining Services is targeting the Australia-Pacific region and North America for further growth, after lodging a significant jump in net profit for the 2012 financial year.
Investa Office Fund says it is looking to increase its footprint in Western Australia’s commercial office market, after acquiring the building at 66 St Georges Terrace for $82.4 million.
The administrators for collapsed miner Kagara have appointed PCF Capital to sell the company’s north Queensland assets, while Rothschild Australia will co-ordinate the sale of the Admiral Bay zinc-
Azumah Resources says it will make a final investment decision early next year at its Wa gold project in north west Ghana, after releasing a feasibility study and maiden reserve for the development
Environment Minister Bill Marmion has and allocated $17.2 million to the Waste Authority for the first year of a proposal designed to improve recycling rates.
US stocks turned lower this week after six straight weekly gains as fresh signs of frailty in the global economy emerged and a number of companies cut their corporate profit forecasts.
After a three year term in the chancellor's role at Curtin University Jim Gill is set to be replaced by Chevron Australia executive Colin Beckett at the end of the year.
The Australian dollar is at it's lowest level in five weeks amid pessimism about the outcome of talks between the Greece, French and German leaders on the weekend.
Gold miner Troy Resources says it is confident on building on its record output from its South American operations, which pushed it to a company-best profit for the year ended June 30.
