Australia’s tourism industry can only dream of the government support being afforded to the country’s automotive sector, despite its far greater contribution to the nation’s economy, says peak indu
Leaders from foreign companies expected to build a giant gas project in Darwin are converging on the city amid speculation they are poised to seal the deal.
Hegney Property Group has reported that rents in Perth rose by 6.8 per cent in 2011 and that vacancy rates that are currently at about 2.8 per cent are expected to tighten even further to 2.0
A record year for natural disasters has caused insurance giant QBE to issue the year's first major profit downgrade, sending its shares to a near eight-year low.
One of 2011's best stockmarket performers, Iluka Resources, has posted a 53 per cent jump in sales revenues in the December quarter, capping a year of strong growth in production and sales.
US stocks closed mixed on Wednesday in markets that barely budged a day after a burst of buying on the promising first results of the corporate earnings season.
Hong Kong based New Page Investments has taken a $6 million share placement in WA-based IronClad Mining, the developer of the Wilcherry Hill iron ore mine in South Australia.
Iron ore developer Extension Hill is planning to exercise its pre-emptive right to purchase Legend Mining’s Mt Gibson gold project, gazumping a previously announced deal with private explorer
Zinc metals miner Kagara has described the 2011 December quarter as a challenging period for the company due to a continuing decline in both zinc and copper prices which has impacted significantly on
LogiCamms has been awarded two design contracts worth $8.3 million as the intitial phase for the upgrade of electrical infrastructure at Rio Tinto’s iron ore ports in Western Australia.
South African mining company Exxaro is set to buy African Iron, an Australian-listed company with iron ore operations in the Republic of Congo, for about $388 million.
Australian shares have risen to a month high as an upbeat start to the US earnings season and hopes of further monetary easing in China sparked a rally in global stocks.
US stocks posted moderate gains Tuesday, lifted by a positive start to the corporate earnings season and Chinese trade data that spurred speculation that Beijing would loosen monetary policy.
US stocks posted moderate gains Tuesday, lifted by a positive start to the corporate earnings season and Chinese trade data that spurred speculation that Beijing would loosen monetary policy.
The Queensland government has ordered an immediate suspension of some dredging in Gladstone Harbour, which is being deepened to support planned gas exports.
The Ichthys liquefied natural gas (LNG) project, which will develop gas reserves off WA's northern coast, has moved closer to a final go-ahead after the partners finalised three new sales agreement
Australian shares added 1.1 per cent after positive Chinese trade data boosted markets already buoyed by positive US earnings and hopes for a pick up in local buyout deals.
Mid West iron ore miner Crosslands Resources, which is set to become a wholly-owned subsidiary of Japan’s Mitsubishi Development after Murchison Metals sells its 50 per cent interest, has received
A takeover push for clothing and footwear maker Pacific Brands could mark the start of a buying spree among private equity firms in search of bargains, analysts say.
IAG confirmed today that its Direct and CGU businesses had received approximately 24,000 claims following the hailstorms and related severe weather which occurred in Victoria around Christmas Day.