Latest Headlines

Fairfax Media shares have plunged to record lows after the company's biggest shareholder, mining magnate Gina Rinehart, tried to sell a chunk of her shares.

Southern Cross Goldfields has launched a $5.2 million capital raising it says will underpin its transition from gold explorer to producer.

International chemicals and materials giant Rockwood Holdings has announced it will acquire Perth-based Talison Lithium in an all cash takeover worth C$724 million ($698 million).

The opposition says the federal government needs to go back to the drawing board on its proposed network of marine parks.

The federal government's Future Fund will pay $2 billion to take a stake in several Australian airports, including Perth.

The spate of record earnings reports from Perth-based engineering and construction contractors continued today, and widespread forecasts of further strong growth suggest there is life in the old re

Automotive Holdings Group says it will be on the look out for more acquisitions in the current year after reporting a hefty jump in full year net profit.

Australian stocks have opened weaker as declines in the mining and energy sectors dragg the broader market lower.

BHP Billiton's decision to shelve two high profile projects has not changed the central bank's upbeat view about the economic outlook.

Woolworths shares slipped today after it posted a 15 per cent fall in full year profit because of its exit from the Dick Smith electronics chain.

The Australian dollar has fallen close to three-quarters of a US cent on weak Chinese data and concerns about the domestic mining industry.

Sharp falls by blue chips Boeing and Hewlett-Packard have helped give US stocks their worst day so far this month, amid more signs of weak growth in major economies.

Prime Minister Julia Gillard says she never personally benefited from a union fund which she helped set up for free, and off the books, when she was a lawyer 17 years ago.

Diversified investment house Washington H Soul Pattinson has launched a near-$70 million all-cash takeover bid for Perth-based exploration junior Exco Resources.

BGC Contracting has won a three-and-a-half year extension to its mining contract at Atlas Iron’s Wodgina iron ore mine in the Pilbara.

Signs the US Federal Reserve may introduce fresh stimulus measures sooner than expected have pushed the Australian dollar higher.

Transport magnate Lindsay Fox has compared Western Australia's iron ore boom with the eastern states' goldrush of the 1850s.

Engineering and contracting group RCR Tomlinson has achieved a record financial performance for the year ended June 30, with the company flagging further growth into financial year 2013.

Peak Resources shares have jumped after metallurgical testing by the Perth-based explorer demonstrated a high-grade rare earth carbonate product from samples at its Ngualla project in Tanzania.

The top brass of the Reserve Bank of Australia will face further grillings about scandals involving its note-making companies when they appear before a powerful parliamentary committee.

Australian stocks closed firmer as strong gains among mining and gold stocks pushed the broader market higher.

Gold miner St Barbara has announced a 90 per cent increase in net profit, on the back of increased gold production and higher gold prices.

Cash Converters has posted a six per cent rise in net profit to a record $29.4 million due to strong growth in its personal loans business.

Power generator Pacific Energy has delivered another record result, with net profit for the year ended June 30 up 33 per cent on the previous year.

The federal government has approved Gina Rinehart's multi-billion dollar Alpha coal mine and its associated rail line in central Queensland.

Doric Contractors has been named as the preferred contractor for the $118 million construction of the new Busselton hospital, adding to its recent spate of contract wins.

Perth-based car dealer network Automotive Holdings Group is flexing its muscles in Australia’s truck and bus market, announcing a number of acquisitions in NSW and Queensland.

The falling iron ore price has contributed to Mount Gibson Iron’s profits slumping 28 per cent over the 2011-12 financial year.

Australia's third largest iron ore producer, Fortescue Metals Group, has reported a strong rise in net profit as it powers towards its goal of tripling annual production but the company is wary abo

Fairfax Media has posted a loss of $2.73 billion for 2011/12, driven by massive writedowns on the value of its newspapers.

Debate has continued apace regarding the health of the mining industry, with federal cabinet ministers voicing contradicting views, the federal opposition saying project investment cuts are a sign

The Australian share market has opened higher following mixed results from Wall Street and Europe overnight and amid renewed hopes of fresh economic stimulus in the US.