The Australian dollar is more than one US cent higher after the central bank delivered a smaller than expected interest rate cut and G7 finance ministers called an emergency meeting on Europe's deb
Australian shares closed higher, clawing back a large part of Monday's losses, after the central bank cut official interest rates to their lowest level since the global financial crisis.
Rail freight company QR National has announced that it plans to cut 500 jobs.The redundancies are part of what it is calling its restructure and reform program which it began last year.
Aquila Resources is a step closer to realising its $6 billion West Pilbara iron ore project after studies showed that two mines that would supply the overall development were economically and techn
The Perth company forced to halt supply of recycled construction and demolition waste to Main Roads WA has sought a meeting with transport minister Troy Buswell to discuss latest test results
The Australian share market opened slightly higher, with most sectors posting gains as investors await the Reserve Bank of Australia's (RBA) latest interest rate decision.
Australia needs to learn lessons from countries such as Denmark, Germany and China to develop its clean energy technology industry, a global environmental group says.
A beach barbeque, lunch in the vines and a 'gourmet village' at Leeuwin Estate Winery will be some of the events at the Margaret River Gourmet Escape food and wine festival, to be held in the south
The creation of Australia's largest listed pure-play coal company appears a certainty after Gloucester Coal's shareholders approved a merger deal with Chinese state-owned company Yancoal Australia.
Bankwest has agreed to make changes to recent advertising for its Breeze MasterCard after ASIC raised concerns that the advertisements were misleading or likely to mislead.
The state government has appointed a steering committee to evaluate the development of common user maritime infrastructure in the Pilbara, likely to be at either Anketell Point or Lumsden Point.
Mining and civil contractor NRW Holdings has secured $148 million of work with Fortescue Metals Group, less than a fortnight after signing a $129 million contract with BHP Billiton.
Apache Energy won court approval late Friday to release two documents that support its view that it took reasonable steps to maintain a pipeline at the Varanus Island gas plant prior to a June 2008
Pallet supplier Brambles has aborted the planned sale of its data management business because of a lack of reasonable offers, instead announcing a $448 million capital raising.
The Australian share market plunged 1.75 per cent in opening trade to its lowest level since November after Wall Street suffered its worst day of 2012 and fell into bear market territory.
The Australia dollar fell to a fresh six-month low following the release of weaker Chinese manufacturing data but regained some ground later in the day.
Construction and contracting company VDM Group has announced it will take a $2.9 million loss on the sale of its Cape Crushing and Earthmoving Services subsidiary.
Cape Lambert Resources has deferred listing its Marampa iron ore project on the London Alternative Investment Market (AIM) until later this year, citing the volatile nature of world capital markets
Australian stocks have closed lower for a third straight session as weak economic data from offshore prompted investors to abandon resources-linked sectors of the market.
