Western Australia's peak business representative body has joined the Labor opposition in urging the state government to deregulate the retail electricity market, calling for an independent regulato
Billionaire businessmen Kerry Stokes and James Packer believe Australia has to show China a little more love and respect if it wants to deepen its trade relationship.
A fresh capital raising and further asset sales are believed to be among the options being evaluated by iron ore miner Fortescue Metals Group, which has halted trade in its shares as negotiations c
Australian stocks have opened more than one per cent higher after the US Federal Reserve's announced stimulus measures led to shares soaring on Wall Street.
Retailers have launched another campaign to have GST charged on internet purchases from overseas, warning that Australian governments would forgo revenue of more than $2.4 billion revenue over the
The Australian dollar has surged to its highest level in a month after the US Federal Reserve announced fresh measures to stimulate the country's sluggish economy.
US stocks have soared after the Federal Reserve announced a new "QE3" bond-buying program focused on boosting jobs and pulling the housing market back to life.
Shares in Fortescue Metals Group dropped by nearly 14 per cent today, on media speculation that the iron ore miner had asked its lenders to waive its debt covenants for the next 12 months.
The City of Fremantle says Myer's announcement that it will close its port city store early next year provides clarity for the proposed redevelopment of King's Square.
The state government has moved to re-zone more than 100 hectares of land near Mandurah for future residential development, but industry has given the plan a mixed reaction, saying there are already
LinQ Resources Fund has accepted an off-market takeover bid from Singapore-based investment house IMC Resources that values the target at around $80 million.
Energy Resources of Australia says the shelving of the Olympic Dam expansion and the high costs for Japan to dump nuclear power should see uranium prices rebound strongly.
One of Australia's leading economic forecasters says it is shocked and disappointed at how poorly Australia's non-mining sector is performing at a time it should be offsetting a slowdown in t
The competition watchdog has delayed making a decision on the potential acquisition of pay TV investor Consolidated Media Holdings by Kerry Stokes' Seven Group amid concerns about TV sports rights.
The state government has unveiled its preferred route to link Perth Airport to the metropolitan area passenger rail network, but hasn't revealed how much it will cost or when it will be built.
Finance Minister Penny Wong says she won't pre-empt a review into the way GST revenue is distributed among states when it comes to reimbursing mining companies for state royalties through the feder
Myer shares are down by more than three per cent after the department store issued no profit guidance for the year ahead because of the troubled retail environment.
US stocks have followed European markets higher after a German court gave its approval to the eurozone's permanent crisis fund, opening the door to more aid to embattled Spain.
The Australian dollar has soared to its highest level in three weeks amid optimism the US Federal Reserve will introduce a fresh round of economic stimulus.
Western Australian shopping centre managers are the most optimistic in the country, tipping sales growth over the next year thanks to relaxed Sunday trading laws and continuing strong economic cond
