Australian shares have opened slightly higher as confidence grows in the local market following gains in resources stocks and on high expectations of an interest rate cut.
Woodside Petroleum has struck a $2 billion deal to sell part of its stake in the proposed Browse LNG development, in a move that will add to speculation the gas will be piped to the North West Shel
Mining companies are so desperate for workers some are throwing their selection criteria in the bin and spending money on training raw recruits, the Department of Treasury has found.
US stocks closed out April Monday with all three indices slipping lower, helped by weak US consumer spending data and ongoing worries about Spain and the eurozone.
The Australian dollar is almost a full US cent higher as global markets priced in the possibility that the US central bank could embark on a new round of economic stimulus.
National Australia Bank will spend £456 million ($A713 million) and cut 1,400 British jobs to prevent its struggling UK business from causing more damage to its bottom line.
The Australian share market closed stronger, driven by resource and banking stocks on the expectations of a cut in domestic interest rates and a soft economic landing in China.
Woodside Petroleum says it will soon be loading first gas for export from its Pluto LNG project, after commencing production at the $14.9 billion operation near Karratha.
Gindalbie Metals and Western Power have finalised funding and access arrangements for an electricity transmission project in the Mid West, moving the $380 million Mid West Energy Project (MWEP) clo
Pura Vida Energy shares have jumped on the ASX today, after the Perth-based company unveiled an upgraded resource at its Mazagan exploration permit, off the coast of Morocco.
Fortescue boss Andrew Forrest has accused Treasurer Wayne Swan of lying about the amount of revenue the federal government will get from its mining tax.
Engineering groups UGL and CH2M Hill have won a $550 million contract to build the combined cycle power plant for the Ichthys liquefied natural gas (LNG) project in the Northern Territory.
The Housing Industry Forecasting Group is predicting a slow recovery for the Perth new homes sector, with dwelling starts down 11 per cent this year on last.
Controversial Queensland mining magnate Clive Palmer doesn't think he'd have to "give up anything" if he stands against Treasurer Wayne Swan at the next federal election.
Australia's housing and retail sectors have called on the Reserve Bank to deliver a 50 basis point interest rate cut to boost consumer sentiment, after a survey showed new home sales have fallen to
Embattled miner Kagara has called in administrators from Taylor Woodings after making no progress on restructuring its financing arrangements over the past week.
The Australian share market has opened about half a per cent higher after US investors took a glass half-full approach, leading to gains on Wall Street.
Industrial services company Spotless has agreed to a full take-over by private equity firm Pacific Equity Partners (PEP) for a total cash consideration of $2.71 per share.
Billionaire mining magnate Andrew Forrest has celebrated his Australian Employment Covenant (AEC) finding 10,000 jobs for Aboriginal people by taking a swipe at the federal government's record on i
The Australian dollar has rallied almost one US cent on weak American growth data.At 0700 AEST on Monday, the local unit was trading at 104.61 US cents, up from 103.64 cents on Friday.
Tech giants Apple and Amazon have proved their mettle to doubting investors once again, leading US stocks higher in the week as the markets showed they had not yet run out of steam.
Confidence is returning to the residential property sector, the Real Estate Institute of Western Australia says, with a strong lift in sales activity across the state in the March quarter.
Resource Development Group has added a fourth arm to its engineering and contracting business after exercising an option to acquire Ecologia Environmental Consultants.
Western Australia’s peak business body has backed a new report that has called for a drastic reduction in the number of local councils in the metropolitan area, saying it provides clear evidence th
Unrest over Prime Minister Julia Gillard's handling of the Peter Slipper saga has Labor backbenchers revisiting the leadership question, but ministers have come to her defence.
Mining giant Rio Tinto's drive to recruit up to 6,000 workers must target locals first and include training opportunities for young Australians, federal Skills Minister Chris Evans says.
The state government has awarded a $22 million contract for road and infrastructure works at the Riverside project in East Perth to Broad Construction.
