Latest Headlines

Straits Resources has completed a $30 million share placement, days after a planned $40 million asset sale fell apart.

The City of Perth is on the lookout for a new chief executive, after incumbent Frank Edwards announced his retirement.

Mermaid Marine has settled legal claims with four plaintiffs in the United States over a storm tragedy in the Gulf of Mexico last year.

ANZ has trimmed its standard variable home loan and business lending rates by 37 basis points.

The High Court will hear a class action by customers of the ANZ Bank alleging it charged excessive fees for overdrafts, overdrawn accounts, dishonour fees and over-the-limit credit card accounts.

The state government has announced preliminary plans to spend up to $80 million on the redevelopment of Willetton Senior High School.

Cape Lambert Resources says it has reached agreement to sell its Leichhardt copper project in Queensland for $25 million, less than two years after purchasing it for $7.75 million.  

Australia's competition watchdog says it has already come across businesses using the imminent introduction of the carbon tax to gouge consumers.

Australian stocks have opened flat as market players wait for key economic data from China.

Opposition Leader Tony Abbott has promised the fiscal details of the its alternative budget will be revealed before the next election as he hits back on criticism his budget reply was short on deta

US stocks mostly bounced back slightly after a six-day losing streak, amid hopes that Greece's moderate socialists might be able to form a government and avoid a new eurozone debt crisis.

A surprise drop in unemployment has pushed the Australian dollar higher and away from parity with its US counterpart, for the time being.

The chief economist of one of the nation's biggest financial service companies says the federal budget will not help Australia's economic growth and risks damaging the effectiveness of superannuati

Curtin University says a report on Australia’s future demand for health workers reinforces its plan to open Western Australia’s third medical school.

The Australian share market has closed higher, boosted by a better-than-expected unemployment rate and expectations that another cut to interest rates will be forthcoming despite the stronger jobs

Southern Cross Goldfields says it is set to join the ranks of Western Australia’s gold producers, after releasing a study that confirms the viability of its Marda project, north of Southern Cross.

Gold and base metals explorer Bora Bora Resources is set to list on the Australian Securities Exchange, after raising $2.5 million through its initial public offering.

Woodside Petroleum's has had its credit rating reaffirmed by Moody's Investors Service and the outlook has been changed from to stable from negative.

Iron ore miner Mineral Resources has secured approval from the town of Port Hedland to construct a 500-700 room camp to house workers from its Pilbara projects.

Mining and civil contractor Brierty’s joint venture with Ngarluma Yindjibarndi Foundation has won a $55 million contract to develop land for housing for Rio Tinto at Wickham, in the Pilbara.

Western Australia continues to lead the nation in employment, with the creation of about 6,800 jobs in April pushing the state's jobless rate to a three-and-a-half-year low.

The Western Australian branch of the embattled Health Services Union has decided to look at withdrawing from the national organisation, saying it is strongly dismayed by abuse of mem

Australian shares opened slightly higher despite sharp falls on Wall Street and on European markets. 

Mining giant Rio Tinto has flagged cutting some of its multi-billion dollar Australian expansion projects amid soaring costs, but says its Western Australian iron ore developments are likely to be

Leighton Holdings has been awarded $800 million in gas and water infrastructure contracts in Queensland.

Optus has managed to lift its annual net profit by 1.5 per cent to $787 million despite intense competition from its telco rivals.

National Australia Bank's net profit for the six months to March 31 fell 15.5 per cent to $2.05 billion due to its underperforming operations in the United Kingdom.

US stocks have pared early sharp losses to close with moderate falls after European Union (EU) officials confirmed that Greece would get the next installment of bailout funds this week.

BHP Billiton has pledged its support for its aluminium and nickel businesses, after announcing plans to consolidate its Stainless Steel Materials and Aluminium business units into a single unit tha

Fears gripping global markets have seen the Australian dollar fall almost one US cent and could could sink it below parity with its American counterpart in the next few days.

The Australian share market has closed lower over the uncertain future of austerity measures aimed at stabilising some debt-ridden countries in the euro zone, especially Greece.