The Commonwealth Bank of Australia says its acquisition of BankWest saved the Australian economy from a major financial shock during the global downturn.
Former AWB managing director Andrew Lindberg has been fined $100,000 and banned from managing companies for two years over the Iraqi kickbacks scandal.
Business groups welcome new prospects for a corporate tax cut after this year's false promise, but they fear it could come at a painful cost in other areas.
Perth-based iron ore junior Coziron Resources is considering going to the market to boost its coffers by between $15 million and $20 million, after appointing broker Renaissance Securities to manag
Philippines-based resources and construction giant DMCI Holdings has made a £49.8 million ($73.6 million) takeover offer for ASX and London AIM-listed nickel explorer ENK.
Property developer and funds manager Aspen Group has borrowed $35 million from joint venture partner Telstra Super, in order to “undertake the realisation of value” from its interest in the under-c
Hancock Prospecting's chief development officer, John Klepec, has hit out at the federal government's treatment of business in Australia while accepting the top award at Diggers and Dealers on beha
Investors have welcomed Regis Resources' plan to expand into NSW, pushing its share price to record highs after the gold miner said it would use scrip to pay $150 million for the McPhillamys projec
Australian shares opened slightly higher as the resources sector posts gains after Rio Tinto predicted China would have a quick recovery in its pace of growth.
Rupert Murdoch's News Corporation is expecting moderate earnings growth in its 2013 financial year after suffering a 55 per cent slide in profit during 2012.
Telstra has increased its full year profit to $3.4 billion and forecasts further growth in the year ahead as it attracts new mobile phone and broadband customers.
Development of a prime four-hectare property near Subi Centro is set to proceed after the state government and the Town of Cambridge resolved a 15-year dispute over how the proceeds would be carved
Perth-based materials technology firm Alexium International has finalised an agreement with Duro Textiles to license its flame retardant fabrics treatment for commercial and military users in North
Struggling department store operator Myer has appointed Paul McClintock as a non-executive director and chairman-elect, after current chairman Howard McDonald decided to stand down.
The Australian dollar is slightly lower ahead of key jobs data.At 1700 AEST, the local unit was trading at 105.45 US cents, down from 105.76 cents yesterday.
Ampella Mining has solved its issue of not being able to access an assay laboratory to process samples from its Batie West gold mine in Burkina Faso – by building its own.
Resources giant Rio Tinto has reported a 34 per cent drop in its underlying first half profit to $US5.2 billion ($A4.9 billion), with lower prices for iron ore and other commodities the main reason
The state government is seeking developers to complete the five remaining mixed-use lots in the second stage of its Cockburn Central urban regeneration plan.
The Water Corporation has named Tenix as its alliance partner to deliver up to $200 million worth of wastewater upgrades in Karratha and Port and South Hedland.
