Australian shares have added one per cent in early trading as successful debt auctions in Europe and more positive bank earnings in the US buoy optimism.
Nexus Energy has entered a non-binding agreement with oil and gas giant Shell and Japan’s Osaka Gas which will see gas from the Crux natural gas asset off the Kimberley coast processed through Shel
After slashing more than 3000 jobs in 2011, banks are set to drip-feed more job cut announcements in the name of corporate restructures and managing costs.
Gindalbie Metals has vehemently denied media reports that it gave Chinese steel-makers an unfair advantage to win tenders for its Karara iron ore development in the Mid West.
Perth-based software developer ISS Group has signed a $2.4 million, one year contract with Chevron Australia to deploy its BabelFish suite of products at Chevron’s $43 billion Gorgon natural gas pr
Western Australian Labor leader in waiting, Mark McGowan, says some decisions by the federal government have hurt his party's chances at a state level.
The operator of the Dampier to Bunbury natural gas pipeline has lodged an appeal with the Australian Competition Tribunal regarding the state Economic Regulation Authority’s proposed access arrange
Shares in Lynas Corporation have surged 3.8 per cent as investors speculated that the rare earths miner will be granted the go-ahead on its lucrative Malaysian facility.
The federal government has vowed to pursue companies that exclude Australian steel manufacturers from bidding for work on massive resources projects by using foreign standards.
Woodside Petroleum has beaten its full-year production forecast after oil assets performed strongly, while high prices have boosted revenue by 15 per cent.
The Nasdaq led US markets toward strong gains on Wednesday, helped by news that the IMF was to raise $US500 billion ($A483.35 billion) to boost its crisis-fighting capacity.
Westpac Banking Corporation has put the future of 28 IT management roles in doubt by commencing a review of their roles as part of a group-wide restructure.
Australian shares edged up marginally to a fresh five-week high as upbeat mining figures and hopes for a Greek debt deal dragged shares out of the doldrums.
Biofuels producer Algae.Tec has signed a deal to fund the construction of a facility in China that will produce a renewable alternative to fossil fuels.
Mining magnate Clive Palmer’s Mineralogy has agreed to provide iron ore hopeful Australasian Resources with a $2 million loan facility, which will allow the company to pursue additional mining righ
Perth-based oil and gas explorer WHL Energy says it will sell off its UK-based wind energy projects to focus on its Seychelles oil and gas assets, and its recently-awarded 33 per cent stake in a pe
Farmers in Western Australia say the federal government has ignored the concerns of farmers nationwide by failing to decrease the threshold for foreign investment in agricultural land.
Perth-based exploration firm Sunbird Energy’s shares will commence trading on the Australian Securities Exchange tomorrow, following the successful completion of a $9 million initial public offerin
Australia is in for a tough economic year after the World Bank slashed its global growth forecasts and warned there could be a worldwide recession worse than three years ago.
Prime Minister Julia Gillard will write to Premier Colin Barnett about reports the builder of Australia's largest infrastructure project is being directed to import Chinese equipment and services.
Western Areas hopes to become Australia's second largest nickel producer through the expansion of its existing domestic operations and new mines in Finland and Canada.
Western Australia’s 2011-12 harvest has officially broken the record for most grain produced, with deliveries yesterday pushing the season’s total over 14.7 million tonnes, CBH Group says.