The eurozone will have to put in place a bigger financial firewall to combat the crisis before other countries will pour more cash into the IMF, the G20 top and developing economies say.
Mining giant BHP Billiton has slashed the size of its proposed workers accommodation camp at Port Hedland, after opposition from state and local governments.
Three of Australia's big four banks have had their prized AA credit ratings downgraded by one notch because of their partial reliance on wholesale funding markets.
Global Construction Services has reported a $12.6 million interim net profit, citing strong performances by its labour hire, plant hire and resources and industrial divisions.
Shares in Newcrest Mining fell after Australia's largest gold producer flagged a fall in March quarter output but tentatively maintained its full year guidance.
Matrix Composites and Engineering has reported a $2.4 million loss for the six months ended December 31, after moving its headquarters from Malaga to Henderson.
Woolworths aims to chalk up $1 billion in online sales within two years as it works to ensure all of its businesses are trading on the web by the end of 2015.
Perth-based exploration juniors Jacka Resources, Excelsior Gold and MOD Resources have launched capital raising initiatives worth approximately $24 million collectively.
Residential developer Peet has experienced a 61 per cent dip in profit for the half-year ended December 31, illustrating the difficult conditions prevalent in the residential property market.
The Vodafone Hutchison Australia (VHA) joint venture says its customer service and performance levels have improved and further progress is on schedule, after the problems that plagued the telco la
Developer and funds manager Aspen Group has reported a solid rise in interim profit, saying the company’s strategy of re-weighting its portfolio towards Western Australia was proving sound.
South America-focused gold and silver producer Troy Resources has posted a jump in first half net profit after a production ramp up at its new Casposo operation in Argentina and strong performance
Western Australia’s share of GST grants will fall to a record low next year, with the state due to get back just 55 per cent of all GST collected here.
NRW Holdings will pay its shareholders an interim dividend of 8 cents per share after reporting a record earnings result for the half year ended December 31.
Higher VIP gambler revenue and improved returns from its Macau joint venture have helped casino operator Crown increase its first half profit by 79 per cent.
Reserve Bank of Australia governor Glenn Stevens says interest rates are about where they should be, even after retail banks independently lifted their lending rates this month.
GE Oil and Gas has won a contract worth more than $150 million to supply subsea equipment for Apache Energy's Julimar gas project offshore from Dampier.
Four Labor ministers, including Resources Minister Martin Ferguson, have backed a leadership comeback by Kevin Rudd, as Prime Minister Julia Gillard sought to bring an end to his campaign of "desta
While Mix 94.5 continues to dominate the Perth market, increasing its audience for the first radio ratings in 2012, 96fm's 2.4 percentage point boost has leapfrogged the station from sixt
UK engineering consultant and project management services firm AMEC has announced a 12 per cent increase in profit before tax, after growing its mining and metals business by more than 50 per cent
Loyal David Jones customers are spending more than they did before the financial crisis, but the department store chain is reluctant to call the bottom of the market just yet.
