Treasurer Wayne Swan says mining magnate Gina Rinehart's new standing as the world's richest woman shows she doesn't need the tax relief promised by Opposition Leader Tony Abbott.
Aurora Oil & Gas says it will push on with its a takeover of Eureka Energy, despite its concerns over a $US15 million debt facility the target has signed with Macquarie Bank, which Aurora descr
Investment in the resources sector has hit a new record and will boost Australia's future supply of key commodities as the nation's commodities boom continues, a new government report shows.
Iron ore miner Flinders Mining has gone into a trading halt pending an announcement on the court hearing over its proposed $554 million takeover by a Russian steel maker.
Foxtel has completed its $2 billion takeover of regional counterpart Austar, and says pricing and billing procedures will not change for customers of either service.
Mining magnate Andrew Forrest has described the European debt crisis as a beat-up.But, he says Australia is still "lucky to be next to Asia and not Europe".
US stocks have closed mixed, with a late rally paring losses prompted by increased fears of a Greek euro exit and disappointing earnings from computer maker Dell.
Balcatta construction company Oostveen Pty Ltd, which previously traded as Niche Construction WA and Niche Developments, has been placed into external administration.
One-time market favourite Matrix Composites & Engineering has launched a $36.7 million capital raising to strengthen its balance sheet and partially pay off its debts, after disclosing it would
Gina Rinehart grows $1 million wealthier every half hour.Family financial squabbles have done nothing to stop her relentless rise as the richest woman in Australia, and now the world.
Australian stocks tumbled on fresh fears about a possible Greek exit from the euro zone, with all local stock sectors weaker and the Australian dollar touching a six-month low.
Perth-based oil and gas explorer Zeta Petroleum has had a harsh introduction to life on the ASX, with its shares falling to 13.5 cents from its issue price of 20 cents on debut today.
National fleet services firm Sargent says it is looking to expand its business further in Western Australia, after announcing it had acquired a Bridgestone tyre centre in Newman.
Pan Asia Corporation has released a study confirming the viability of its Transcoal Underground Coal Mine (TCM) in Indonesia, with the project set to cost around $US180 million to develop.
Mineral sands miner Iluka Resources has backed away from earlier pledges to increase dividends but still predicts a decent increase in earnings this year.
Big businesses are not buying influence when they pay $25,000 a year to be a member of the state Liberal Party's fundraising club, says Premier Colin Barnett.
US stocks have given up early gains and finished mostly flat as investors dump Facebook shares for a second straight day amid new controversy about the company's $US16 billion IPO.
