Brierty stocks are up 15 per cent on the Australian Securities Exchange, after the mining services and construction contractor announced a higher-than-expected profit guidance for this financial ye
The cities of Greater Geraldton and Mandurah will use multimillion dollar grants from the federal government to back local infrastructure projects, as part of the plan to support housing developmen
Lend Lease shares increased by more than five per cent after the company announced that it expects to post a modest rise in operating profit for its 2011/12 financial year.
Managing the completion of road, rail and port projects in the resources sector is critical to Australia retaining its share of the commodity exports market, a government report says.
A leading business lobby group has dismissed as a marketing exercise, a statement signed by hundreds of businesses backing the federal government's carbon tax.
Incitec Pivot has appointed Paul Brasher as chairman of the fertiliser and explosives maker.Mr Brasher, a former chairman of accounting firm PwC, replaces John Watson in the top role.
Hopes of a $1.65 billion takeover deal for David Jones have been dashed, with the mystery British private equity group behind the proposal making a quick retreat.
Interest rates cuts are having a positive effect on the housing market, new research says, with median home values rising across nearly all capital cities, including a 2 per cent jump in Perth.
Altona Mining has commenced discussions with Xstrata over the price of a 51 per cent interest in the Roseby copper project near Mt Isa in Queensland, after the international mining giant exercised
Australia's rate of inflation has fallen to its lowest level since the global financial crisis, a survey shows, giving the central bank room to cut interest rates further.
Premier Colin Barnett says it's not too late for the federal government to halve its carbon price "to something around $10 a tonne", even though he does not believe it will reduce greenhouse gases.
The Australian dollar has climbed to a two-month high against its US counterpart after European leaders agreed to measures aimed at alleviating the euro zone's sovereign debt crisis.
US stocks leaped two per cent on Friday sparked by the dramatic measures adopted in Brussels to stem the eurozone crisis and stimulate growth, giving the markets a strong end to a rocky first half.
The Australian dollar has risen to its highest level in more than a week after European leaders announced a deal aimed at reducing borrowing costs for Spain and Italy.
The State Government is belatedly proceeding with a detailed assessment of container port options in Cockburn Sound, one year after transport minister Troy Buswell announced the review.
Pacific Equity Partners is to acquire Nestle's Peters Ice Cream business for an undisclosed sum as the international food business shifts its range away from refrigerated products in Australia.
Gina Rinehart has thrown down the gauntlet to Fairfax Media in her push for board representation, challenging chairman Roger Corbett to set and meet a share price target of 87 cents by the company'
The Australian sharemarket has closed higher in the last trading session of the financial year, with investors heartened by the fact that European leaders looked like they had settled on a plan to
Gold miner Reed Resources has announced further changes to its board, with executive chairman David Reed stepping back into a non-executive role and Ian Junk and Peter Collins retiring from the boa
Outgoing police minister Rob Johnson says he doesn't know why he was axed ahead of next year's election and is disappointed by Premier Colin Barnett's cabinet shake-up.
Platinum Australia has been placed into voluntary administration, citing operational issues at its Smokey Hills mine in South Africa and a costly dispute with a former contractor.
Mining magnate Gina Rinehart is likely to succeed in wresting control of Fairfax Media, but it could take at least six months of manoeuvring, an academic says.
St Barbara and Allied Gold have unveiled a merger plan aimed at creating an international gold producer and explorer with a market capitalisation of more than $1 billion.
A federal-state government rescue package of more than $40 million will keep Alcoa's Victorian smelter open for at least another two years and most of its workforce in a job.
David Jones has been been approached by a UK investor, believed to be EB Private Equity, with a takeover proposal that reportedly puts an enterprtise value on the retailer of $1.65 billion.
