When the board of the Reserve Bank of Australia met on July 3, its members saw no case to cut the cash rate again and gave no hint that a cut was in the pipeline.
Treasurer Wayne Swan says the latest assessment by the International Monetary Fund (IMF) shows how strong Australia's economic fundamentals are compared with the rest of the advanced world.
US stocks have closed lower after an unexpected fall in retail sales in June, the third consecutive drop that fuelled concerns about the strength of consumer spending, a key driver of the economy.
Northern Star Resources says it is on track to meet its full-year production guidance after delivering a 43 per cent jump in gold production over the June quarter.
The Australian share market finished higher, with investors feeling more confident about taking risks following positive Chinese economic data last week.
Seven West Media says it is still interested in gaining the television rights to at least some National Rugby League games, but only if the price is right.
Motorists are set to pay up to five cents a litre more for unleaded petrol in the next fortnight as global oil prices rise on a more stable outlook for the world economy, an economist says.
Perth-based agency Guns for Hire has been appointed to handle the Australian and New Zealand publicity and marketing account for Italian chocolatiers Baci Perugina.
Fremantle-based wave energy company Carnegie has signed a deal with the Australian department of defence for power supply and grid connection to its HMAS Stirling base.
The Environmental Protection Authority has approved the proposed $30 billion liquefied natural gas hub at James Price Point, imposing 29 strict conditions on the proposal.
Beef producer Australian Agricultural Company (AACo) has reached a tentative agreement with Western Australia's Bunuba people to manage the Leopold and Fairfield cattle stations in the Kimber
Western Australia will remain an economic powerhouse even if world financial markets suffer another significant downturn, the state's peak business group says.
Westpac Banking Corporation is raising $500 million through the issue of subordinated notes.Westpac said the notes would be offered at an issue price of $100 each.
The Australian share market has opened almost one per cent higher as investors snapped up resources stocks following commodity price rises and gains on Wall Street.
Seven West Media has renewed its faith in its print media assets and expects an eventual turnaround in the moribund advertising market as it taps shareholders for $440 million.
Iluka Resources managing director David Robb has defended his decision to surprise the market with a sales downgrade and dire short-term outlook for the global economy.
US stocks broke a six-day losing streak on Friday, helped by better-than-feared JPMorgan Chase results that bared a $US5.8 billion ($A5.7 billion) loss on its bungled London derivatives trading ope
Australia blew the last mining boom and can no longer rely on high commodities prices, federal Resources Minister Martin Ferguson says, as China's economy continues to slow.
