Latest Headlines

Perth-based minerals explorer Minemakers says it has secured a $15 million equity facility with New York-based Haverstock Fund.

Fibre-optic network owner Amcom has bought Perth-based IT firm L7 Solutions for $15 million.

Shopping centre operator Centro has successfully jumped the first hurdle in its bid for a restructure at a series of meetings for securityholders to consider the move.

Is Australia really an island when it comes to the economy? That’s a question with a potentially nasty answer as we fiddle with incomprehensible taxes and the rest of the world burns.

Australian stocks have opened more than one per cent lower as skittish local investors took their cues from a horrid night on offshore markets.

The federal government says it can meet the competing demands of cross-benchers and push its new mining tax through parliament.

The Australian dollar has fallen to its lowest level in six weeks as ongoing debt problems in the US and Europe dampen risk sentiment on global markets.

US equity markets have been rattled by news that Congress has failed to reach a deal to cut the country's massive budget deficit and to extend stimulus measures into next year.

Seven Group Holdings has upped its takeover bid for National Hire Group, after its initial offer of $3.00 per share was rejected by the target’s major shareholder, Tasmania-based Caterpillar dealer

The Australian dollar fell to its lowest level in almost six weeks as the failure of US budget negotiations added to already negative market sentiment.

Prime Minister Julia Gillard says her travels to various parts of the globe in recent weeks have uncovered a common thread of concern amongst world leaders about Europe, and highlighted the merits

Petrol prices rose last week as fuel retailers held back from passing on falls in the wholesale price to motorists, an economist says.

The Australian share market closed marginally lower as wary investors held fire ahead of a Wednesday deadline for a long-term solution to the US debt crisis.

A retail and restaurant development in the Town of Cambridge has sold to a private investor for $2.9 million, CBRE says.

Steelmaker OneSteel expects conditions for the Australian steel industry to remain challenging.

Banks cannot rely solely on secured issuance, such as covered bonds, to meet funding needs, an Australian central bank official says.

Heron Resources has become the fourth prominent Western Australian company to draw the ire of its shareholders with regard to its remuneration report.

Perth-based solar power specialist Solco says it is feeling acquisitive, after launching a $4 million capital raising priced at 7 cents per share.

Amex Resources’ major shareholder, Kenny Zhang, has agreed to purchase $9 million of the company’s shares through a placement priced at $0.95 per share.

Murchison Metals says it is continuing talks to sell its stakes in the beleaguered Oakajee port project and its sole producing mine in Western Australia.

Federal Treasurer Wayne Swan has dismissed opposition calls for a mini-budget before parliament starts its long summer break.

Shares in iiNet have soared after the internet service provider confirmed its intention to buy Canberra-based TransACT for $60 million.

The Australian market opened almost half a per cent lower as investors remain uncertain about the European debt crisis.

Labor is poised to win its battle to tax the profits of big coal and iron ore miners, after key independents bargained for closer checks on coal seam gas projects and a higher tax threshold.

The Australian dollar was largely unchanged as reports emerged that US politicians were still at odds over crucial debt negotiations.

Gold tracked equity markets to end slightly higher on Friday, even though persistent euro zone debt worries and margin liquidation from other markets sent bullion to its largest weekly loss since S

Japan's Inpex Corporation has announced that a final investment decision on its Ichthys liquefied natural gas (LNG) project may be delayed until January.

Automotive Holdings Group has become the third Perth-based company to record a large protest vote by shareholders against its remuneration report, potentially leading to a board spill next year.

Perth-based renewable energy company Solco has won a contract worth up to $850,000 to install solar power systems across seven buildings in Parkes, New South Wales.

The Australian share market closed firmly in the red on low trading volumes as concern about the eurozone debt crisis continued to weigh on investors.

Optus has made a last-ditch bid to prevent Telstra from reaching an agreement with regulators over its participation in the national broadband network (NBN).

The prospects for the eurozone are gloomy and its break-up would be incredibly painful, federal shadow treasurer Joe Hockey says.