Engineering and construction group Clough has won a key contract at Tap Oil's Manora oil development in the Gulf of Thailand, adding a $US60 million package of works with Pearl Oil to its growing o
Macmahon Holdings is poised to cut its earnings guidance, only a month after the mining services and construction group forecast 20 per cent profit growth for fiscal 2013.
Australian stocks have opened marginally firmer, with strong gains among resources-related companies offset by weakness in defensive market sectors such as healthcare and utilities.
Resources Minister Martin Ferguson has backed a research report released this morning that warned the cost of delivering mining projects must be kept in check if investment plans are to b
Gold futures have eked out a new six-month high as optimism for demand remained strong in the wake of the US Federal Reserve's newest monetary-easing initiative.
A Chinese government office is forecasting economic growth of between 7.7 and 7.8 per cent for the year in a sign of an expected improvement in prospects for the world's second-largest economy.
The Australian dollar has surged to its highest level in a month after the US Federal Reserve announced a renewed program to give the flagging American economy a boost.
Fortescue Metals Group has had a High Court win that opens the way for a further review of its access to Pilbara rail lines owned by mining giants BHP Billiton and Rio Tinto.
Australian shares finished at a four-and-a-half-month high, after the announcement of fresh US Federal Reserve economic stimulus measures buoyed investor confidence.
Treasurer Wayne Swan says the federal government's Asian Century White Paper will be a long-term planning tool setting ambitious targets to be achieved by 2025.
James Packer's Crown Casino has raised $532 million through its subordinated notes offer.The amount exceeded the $400 million Crown in August said it was seeking to raise.
The state government has made an amendment to the metropolitan planning scheme to facilitate the development of a 429 hectare tract of land in Bullsbrook for industrial purposes.
ANZ Bank says its variable interest rates for Australian retail mortgages and small business lending will remain unchanged after its September interest rate review.
Western Australia's peak business representative body has joined the Labor opposition in urging the state government to deregulate the retail electricity market, calling for an independent regulato
Billionaire businessmen Kerry Stokes and James Packer believe Australia has to show China a little more love and respect if it wants to deepen its trade relationship.
A fresh capital raising and further asset sales are believed to be among the options being evaluated by iron ore miner Fortescue Metals Group, which has halted trade in its shares as negotiations c
Australian stocks have opened more than one per cent higher after the US Federal Reserve's announced stimulus measures led to shares soaring on Wall Street.
Retailers have launched another campaign to have GST charged on internet purchases from overseas, warning that Australian governments would forgo revenue of more than $2.4 billion revenue over the
The Australian dollar has surged to its highest level in a month after the US Federal Reserve announced fresh measures to stimulate the country's sluggish economy.
US stocks have soared after the Federal Reserve announced a new "QE3" bond-buying program focused on boosting jobs and pulling the housing market back to life.
Shares in Fortescue Metals Group dropped by nearly 14 per cent today, on media speculation that the iron ore miner had asked its lenders to waive its debt covenants for the next 12 months.
The City of Fremantle says Myer's announcement that it will close its port city store early next year provides clarity for the proposed redevelopment of King's Square.
The state government has moved to re-zone more than 100 hectares of land near Mandurah for future residential development, but industry has given the plan a mixed reaction, saying there are already
