Global construction company Leighton Holdings has announced a net profit after tax of $115 million for the six months to June 2012 and still expects it to reach $400 million to $450 million for the
US stocks scored moderate gains Monday, extending Friday's sharp rally on hopes that the European Central Bank may soon take action to relieve the eurozone sovereign debt crisis.
Unsecured creditors of school supply business Wooldridges, which collapsed last week with $50 million in debt, are likely to receive less than 10 cents in the dollar.
The Australian dollar is more than half a US cent higher, following optimistic job figures from the US.At 1700 AEST, the local unit was trading at 105.60 US cents, up from 104.95 cents.
Opposition Leader Tony Abbott says the federal government is waging a "jihad" against outspoken mining magnates and is trying to muzzle its critics in the media.
Internet kiosk group PieNetworks has flagged a possible expansion into telecommunications, with the firm considering the acquisition of a South-East Asian telecommunications company.
The Australian share market started the week strongly, closing up by more than one per cent on robust overseas leads, following better than expected US jobs data.
Traditional owners will meet former Greens leader Bob Brown in a bid to sway opposition to Woodside Petroleum's proposed $30 billion Kimberley gas hub.
Investment firm Argo Investments says global equity markets are unlikely to show any meaningful recovery in the short term but, in the long term, the Australian market represented relatively good v
The peak body representing egg farmers in Western Australia has warned consumers to brace for higher prices on the back of a once-in-a-century drought in the United States.
Iron ore and vanadium miner Atlantic has lined up a new $50 million finance facility to boost its working capital as it ramps up production at its Windimurra development in the Mid West.
Interest rate cuts in recent months have failed to lift sentiment in the business sector, with a new survey showing conditions went backwards in the second quarter.
Fortescue Metals has taken on higher than expected debt to fund its massive iron ore expansion plans, announcing $US1.5 billion ($A1.4 billion) in new funding.
Integra Mining has agreed to a $426 million takeover by fellow gold miner Silver Lake Resources in a move that will create one of the nation's larger producers of the precious metal.
Western Australia's top 100 companies have outperformed the national stockmarket over the past decade, but when markets turn down it's the WA stocks that suffer the most.
The Australian dollar has risen three-quarters of a US cent with better than expected jobs figures giving investors reason to be optimistic about the US economy and Spain agreeing to austerity meas
Engineering and construction company Forge Group is expecting a jump in earnings, releasing a forecast today for a full-year profit of around $70 million, up nearly 25 per cent on the previous year
The responsible entity for takeover target Hastings Diversified Utilities Fund has stuck by its recommendation that securityholders accept an offer from Pipeline Partners Australia (PPA).
The City of Fremantle has moved to keep the Fremantle Dockers at their spiritual home in the port city, progressing plans to redevelop the Stan Reilly Centre on South Terrace.
The Reserve Bank of Australia is expected to keep the official interest rate at 3.5 per cent over the next couple of months, following the rate cuts in May and June.
Short-term visitors rose more than departing residents in June, but the flood of travellers out of the country is still overwhelming the flow of visitors.
