Latest Headlines

Former Labor government minister and assistant police commissioner Bob Kucera looks set to make a political comeback.

Perseus Mining has returned to profitability, bouncing back $13.7 million into the black for the six months to December 31.

Treasury boss Martin Parkinson believes returning the federal budget to surplus is sensible, given the current state of the Australia economy.

The Australian share market has opened stronger, with investors bouyed by further signs the US economy is recovering and renewed hopes the Greek bailout deal will go ahead.

Industrial services company and takeover target Spotless has posted weaker first-half net profit of $16.5 million, down 5.2 per cent on the previous corresponding period.

The Australian dollar has risen almost one US cent on further signs the American economy is recovering and renewed hopes the Greek bailout deal will go ahead.

US stocks have surged to their highest close of the year.

The Australian dollar is almost one US cent lower amid uncertainty over a planned bailout package for Greece.

The state’s peak real estate body has scoffed at claims of a rental crisis in Perth, with its latest research showing the vacancy rate for rental properties steady at 2.5 per cent.

Forge Group has posted a steady profit for the half year ended December 31, pulling in $21.3 million after tax.

The Australian share market was dragged lower by renewed concerns that Greece is heading towards default and a weak lead from Wall Street while lower commodity prices weighed on mining stocks.

Mermaid Marine has reported a 35 per cent increase in net profit for the six months to December 31, driven by an “exceptional performance” by the company’s Australian fleet.

Perth companies Arafura Resources and Raisama have both slashed the size of their board of directors, in order to cut costs as they continue long-running negotiations over the funding and developme

Three former directors of national whitegoods distributor Kleenmaid have been charged with defrauding a bank of $13 million.

The resources boom is unlikely to derail other industries in Australia, according to Reserve Bank of Australia deputy governor Philip Lowe.

IronClad Mining has announced a further $3 million capital raising to fund the development of the Wilcherry Hill iron ore project in South Australia.

Alcoa joint venture partner Alumina has rejected claims that the carbon tax is the main factor behind the stalled expansion of the Wagerup alumina refinery in Western Australia, saying th

Billabong shares have been placed in a trading halt amid reports it received a $A776 million takeover bid from US private equity giant TPG.

Australian oil and gas salaries are the highest in the world according to a survey compiled by Hays Oil and Gas and Oil and Gas Job Search.

Almost a third of Australia's accounting and finance firms intend hiring new staff.

BC Iron has reported a significant boost in interim net profit, on the back of a maiden operational profit from its Nullagine iron ore joint venture with Fortescue Metals Group.

Stronger than expected jobs data has helped the Australian dollar to recover ground lost over concerns some European Union countries may be willing to let Greece default on its debt.

Decmil Group has announced it will build a 200-bed rail camp for Fortescue Metals Group in a deal worth $28 million.

Westpac has painted a bleak outlook for the economy after posting a weaker than expected $1.5 billion quarterly profit.

Two consecutive rate cuts by the Reserve Bank of Australia appear to have boosted employer confidence.

Wesfarmers has bucked the job shedding trend with plans to employ more people this year at Coles and its other retail chains, after underwhelming the market with a flat first half profit result.

The Australian stockmarket opened one per cent lower in line with weakness on US markets amid continued uncertainty in Greece.

The high value of the Australian dollar has boosted the spending power of households the past decade, the Reserve Bank of Australia says.

US stocks ended in the red Wednesday amid renewed concerns that Greece was veering toward default after a debt bailout hit fresh turbulence.

Labor Leader Mark McGowan has unveiled a plan to relocate the Department of Local Government, and its 103-strong staff, to Albany if Labor wins the next state election.

Tap Oil founding managing director Paul Underwood has joined oil and gas junior Tango Petroleum in the role of executive chairman.