Latest Headlines

Iron ore miner Flinders Mining has gone into a trading halt pending an announcement on the court hearing over its proposed $554 million takeover by a Russian steel maker.

The head of Rio Tinto's iron ore division has rejected the suggestion that the actions of miners were too quickly depleting the earth's resources.

Foxtel has completed its $2 billion takeover of regional counterpart Austar, and says pricing and billing procedures will not change for customers of either service.

Mining magnate Andrew Forrest has described the European debt crisis as a beat-up.But, he says Australia is still "lucky to be next to Asia and not Europe".

Sundance Resources and its Chinese suitor Hanlong Mining have altered a $1.65 billion takeover agreement to ensure the deal is finalised by November.

The Australian share market has opened slightly higher, led by major resources companies after a mixed night on overseas bourses.

More than 3,000 coalminers have started a week-long strike in Queensland's Bowen Basin as an 18-month dispute over working conditions rolls on.

Oil prices have slumped, falling to a six-month low under $US90 in New York as the US dollar rallied on eurozone debt tensions.

US stocks have closed mixed, with a late rally paring losses prompted by increased fears of a Greek euro exit and disappointing earnings from computer maker Dell.

Myer believes it can generate up to $300 million in online sales as women and young people head to its website to buy clothes.

Balcatta construction company Oostveen Pty Ltd, which previously traded as Niche Construction WA and Niche Developments, has been placed into external administration.

One-time market favourite Matrix Composites & Engineering has launched a $36.7 million capital raising to strengthen its balance sheet and partially pay off its debts, after disclosing it would

The outlook for economic growth has improved although it is still below average.

Gina Rinehart grows $1 million wealthier every half hour.Family financial squabbles have done nothing to stop her relentless rise as the richest woman in Australia, and now the world.

Australian stocks tumbled on fresh fears about a possible Greek exit from the euro zone, with all local stock sectors weaker and the Australian dollar touching a six-month low.

Perth-based oil and gas explorer Zeta Petroleum has had a harsh introduction to life on the ASX, with its shares falling to 13.5 cents from its issue price of 20 cents on debut today.

National fleet services firm Sargent says it is looking to expand its business further in Western Australia, after announcing it had acquired a Bridgestone tyre centre in Newman.

Qantas and Jetstar will cut the number of flights arriving at Darwin and Uluru because of poor patronage due to a slump in overseas visitors.

Pan Asia Corporation has released a study confirming the viability of its Transcoal Underground Coal Mine (TCM) in Indonesia, with the project set to cost around $US180 million to develop.

A fire at a platinum mine in Zimbabwe part owned by Australia's Aquarius Platinum could affect the company's production.

Mineral sands miner Iluka Resources has backed away from earlier pledges to increase dividends but still predicts a decent increase in earnings this year.

Big businesses are not buying influence when they pay $25,000 a year to be a member of the state Liberal Party's fundraising club, says Premier Colin Barnett.

Australia's economy could be at risk as Europe's debt crisis threatens China's export markets, the World Bank says.

NRW Holdings has won a $129 million contract win for BHP Billiton Iron Ore's Port Hedland inner harbour expansion.

Job advertisements on the internet fell by seven per cent last month, new federal government figures show.

The Australian share market opened lower after two days of gains, with losses across most sectors after mixed offshore leads.

Myer's third quarter sales have fallen and the department store chain has downgraded its forecast for full year net profit.

US stocks have given up early gains and finished mostly flat as investors dump Facebook shares for a second straight day amid new controversy about the company's $US16 billion IPO.

Mount Gibson Iron has completed its upgrade of port and rail facilities at Geraldton.

Union leader Paul Howes wants the federal government to pull banks into line on interest rates by forcing them to match the central bank's rate moves.

Attila Resources shares have rocketed on the Australian Securities Exchange, after the Perth-based miner announced it had signed an option to acquire a 70 per cent interest in Alabama-based Kodiak