Australia's economy has adjusted well to the impact of the mining boom - which is likely to continue to for some years, the Reserve Bank of Australia says.
In a further sign of the waning resources boom, construction and mining company Macmahon Holdings has issued a stark profit warning and announced it would replace chief executive Nick Bowen with ch
Asia's economic boom is not just about resources, as its rapidly growing middle class will help lift demand for Australia's food, tourism and farming sectors, Treasurer Wayne Swan says.
Apple's stock has reached $US700 ($A671) for the first time, setting a record for the company the day after it announced that orders for its iPhone 5 topped two million in the first 24 hours.
US stocks have finished mostly lower as the aura of the Federal Reserve's new QE3 stimulus wore off and worries about company profits were heightened after FedEx cut its earnings outlook.
State government steps to help commercial fisheries gain sustainability certificates have been applauded by a supermarket giant and a conservation group.
France-based oil and gas engineering company Technip has won a €210 million ($262 million) works deal at Inpex's Ichthys LNG project off the Western Australian coast.
Alesco chairman Mark Luby has signalled the door is still open for further talks with paint maker DuluxGroup over its long-running $210 million takeover bid.
Export earnings from resources and energy commodities are expected to fall this financial year as commodity prices ease, a federal government forecaster says.
Ginadalbie Metals shares have jumped by more than 10 per cent after the Perth-based miner officially opened its dedicated port terminal for the Karara iron ore project in Geraldton this mornin
Shadow treasurer Joe Hockey predicts federal tax revenue has fallen by between $20 billion and $25 billion since the budget due to softening commodity prices and a decline in corporate tax.
Federal Resources Minister Martin Ferguson has warned there may be more east coast mine closures as global commodity prices soften and mining royalties rise.
Homeowners may be in for an early Christmas present, with the Reserve Bank of Australia expected to deliver at least one more interest rate cut before the end of 2012.
Bankwest has had a win in its long-running battle with prominent property developer Luke Saraceni over Raine Square, with the Supreme Court today backing the appointment of administrators over the
Thermal coal miner New Hope says it is reviewing the pace at which it is developing new projects because of falling coal prices and the strong Australian dollar.
Not much is going right for Australia these days, which is why the high value of the dollar is such a mystery, or was until a Queenslander working for one of the world's biggest fund managers provi
Fortescue Metals Group has resolved its short-term funding problems after securing the backing of global banking groups Credit Suisse and JP Morgan for a new US$4.5 billion credit facility.
The Australian dollar is half a US cent lower, following sharp falls in commidity prices.At 0700 AEST, the local unit was trading at 104.76 US cents, down from 105.24 cents yesterday.
Brazilian authorities say they are fining US oil firm Chevron $US17.5 million ($A16.64 million), and likely will impose further penalties, over a major spill off Rio de Janeiro state last year.
US stocks have closed lower in the aftermath of the Federal Reserve's new QE3 stimulus rally amid concerns about weakness in US manufacturing and anti-American unrest in the Middle East.
Apex Minerals is set to go to market for more funds, with its Wiluna operation expected to become cash-flow positive next month as it ramps up production to between 12,000 and 13,000 ounces of gold
The number of first homebuyers in Western Australia's residential property market hit its highest level in nearly three years in August, new research says.
The Australian share market has closed at its highest level since May, as investors were encouraged by separate moves to stimulate the US economy and keep the bailout of the debt-ridden euro zone o