Australian shares have posted the best week in over a year as money flowed back into stocks on confidence European banks will be strengthened against a possible Greek default.
The Australian share market opened higher on the back of news European leaders would help cash-strapped banks in the Eurozone debt crisis and a strong lead from Wall Street.
US stocks put on solid gains Thursday, helped by more confidence in banks and the retail sector and in Europe's push to ensure its banks remain stable in the case of a Greek sovereign default.
The state government has formally commenced planning for a new gas pipeline between Bunbury and Albany, as negotiations continue with Grange Resources, whose Southdown iron ore project will be critica
The Australian share market has continued its rally, led by miners and banks on renewed investor optimism a plan to help ease the eurozone debt crisis is imminent.
Qantas Airways says its decade-long association with Rio Tinto has been extended for a further three years after the airline signed a new agreement with the mining giant.
US stocks surged for a second day on Wednesday on signs that Europe was preparing a plan to contain the Greek crisis and protect the region's banks from the effects of a Greek debt default.
A state government review has identified 61 parcels of Crown land in the Pilbara that are underutilised or surplus and could be put on the market for private development.
The Australian share market staged a late rally to close firmly in the black after a similar surge on Wall Street and higher commodities prices overnight boosted resources and financial stocks.
The big four banks have tough decisions to make if they want to grow or even just maintain their share of the mortgage market in a subdued property environment, analysts say.
The Australian Securities Exchange is evaluating stricter rules for the disclosure of reserves and resources by listed mining and oil & gas companies, in order to align Australian standards wit
HUNGER relief charity Foodbank WA has been named as a finalist in one of Australia’s best-known environmental awards programs, the Banksia Environmental Awards, for its efforts to reduce food waste
A DESIRE to be of benefit to the wider community was among the motivating factors behind Iain Gerrard’s decision to take on the role of Western Australian business ambassador for the Leukaemia Foun
FLEDGLING advisory and investment outfit Sirona Capital has forged a partnership with embattled property developer Luke Saraceni after buying two of his properties for its real estate investment bu
ALTERNATIVE building material business MasterWall is tackling Western Australian’s preference for brick and tile homes with its polystyrene cladding technology.
Today’s confirmation that the coal miner, New Hope, has put itself up for sale follows yesterday’s capitulation by iron ore miner, Sundance, and begs the question: who’s next?
FROM the Pilbara to Ghana, to Norway and North America, the views of participants in the WA Business News boardroom forum reflect those of the hundreds of listed companies in the junior mi
IT’S the gold bull market of a generation, yet for West Perth’s crop of West African gold explorers, convincing the market to come along on the ride isn’t as easy as it used to be.
‘BORROWER beware’ is the advice from experienced mining and finance industry professionals wary about a surge in the number of non-traditional lenders moving into Australia.
