The Australian stock market has opened more than 2.5 per cent higher with resources and banking among the best performers in response to a positive session on Wall Street.
The Australian dollar opened strongly this morning following announcement of a plan by the world's central banks to boost liquidity in the shadow of the eurozone debt crisis.
US stocks have soared by four per cent after major central banks joined hands to ensure commercial banks would not be undermined by market worries over the eurozone crisis.
Latin Resources shares have rocketed after the company announced China-backed Junefield Holdings had taken a 16.8 per cent stake in the company after executing two agreements worth a combined $52 m
Perth-based coal miner Kangaroo Resources has signed a 5-year, $US270 million mining services contract with contractor PT Putra Perkasa Abadi for its Mamahak coal project in Indonesia.
A moratorium has been recommended for all future coal seam gas (CSG) projects until further research is carried out and the approval process tightened to cover such issues as how salt will be dispo
Australian shares closed marginally higher after fresh domestic economic data boosted sentiment, while there was opportunistic buying in industrial stocks.
Difficult sharemarket conditions have come home to roost at C @, with the Mongolia-focused coal explorer slashing the price of its capital raising activities by half.
The nation's peak business group has called on the federal coalition to work with the minority Labor government to head off "retrograde" Greens policies on industrial relations.
Michael Cheang is sticking to the plan at Frisk Espresso, which transforms from a coffee shop by day into an intimate bar and lounge by night. Carolyn Herbert reports.
CHRISTMAS shopping may be top of mind for many in Perth as we enter December, but for a number of organisations this time of year is all about the Christmas appeal.
BASED in the South West and with film titles including ‘Finnsurf’, ‘Come Hell or High Water’, and ‘Minds in the Water’ in its line up for next year, the Yallingup Surfilm Festival is pitching to th
The state government has moved to regulate the increasingly complex role of strata property managers and enhance protections for the growing number of strata property owners.
THE East Perth Redevelopment Authority’s veteran chief executive, Tony Morgan, is expected to lead the state government’s newly formed Metropolitan Redevelopment Authority (MRA) in the new year.
The controversial subject of high CEO salaries at state government agencies appears to have gone off the boil as a policy to rein in remuneration appears to have helped stop surprise jumps in pay p