The Australian share market has closed lower as investors fretted over comments made by the head of the US central bank over the risk that the troubled euro zone posed to the US economy.
Australian corporate chiefs and unions will use an economic forum next week to urge the federal government to ease the cost of doing business, boost jobs and improve skills and training.
The number of properties for sale in Perth has fallen to its lowest level for two years, placing renewed pressure on housing affordability, new research says.
Woodside Petroleum has agreed to stop drilling at its contentious Browse gas project near Broome until a court dispute about planning approvals is resolved.
Gold miner Resolute Mining will spend $US241 million to expand production at its Syama gold mine in West Africa, according to a feasibility report released today.
Australia's four major banks all moved today on their lending rates, with the ANZ making the largest cut, of 25 basis points, but National Ausralia Bank continuing to be the market leader with the
Northern Australian cattle producers say more stringent government regulations are giving exporters confidence, despite many of them sliding further into debt.
The Australian share market has opened flat with strength in materials stocks offsetting weakness across the financials sector after a disappointing trading session on Wall Street.
US stocks have closed mixed after China lowered interest rates to spur its slowing economy, while Federal Reserve Chairman Ben Bernanke dented stimulus hopes for the United States.
The Australian dollar has continued its upwards march back towards parity with its US counterpart following unexpectedly strong domestic employment data.
The long-running shortage of off-road tyres that has frustrated mining contractors looks set to be alleviated, after Goodyear announced the acquisition of Nippon Giant Tyre and a $250 million inves
Western Australia is divided over the state government's $560 million Elizabeth Quay foreshore plan, with less than half of respondents to a new opinion poll saying they support the development.
Aurora Oil and Gas has announced it will be elevated into the S&P/ASX100 index later this month, making it the 11th WA-based firm to join the top 100 listed companies in Australia .
South Korea's SK E&S has bought into Santos and ConocoPhillips' Caldita Barossa gas discoveries in the Timor Sea, leading Santos to flag the potential development of a floating liquefied natura
Former Greens leader and outgoing senator Bob Brown has compared the fight over a proposed $30 billion Kimberley gas hub with his successful Franklin River dam campaign.
Indonesia's appetite for beef continues to rise and should lead to a recovery in live imports from Australian producers, a leading agribusiness firm says.
