The Australian dollar rose to its highest level in 12 weeks amid hopes Greece will reach a deal with its creditors to avoid a disastrous default on its debt.
European shares notched up a fifth straight week of gains last week, as the outlook for the global economy improved and on optimism Greece would avoid a messy default.
Defence Minister Stephen Smith says he is not concerned that incoming Western Australian Labor leader Mark McGowan could battle the federal government on infrastructure funding from the mining tax.
Perth-based waste management technology firm AnaeCo has elevated its chief executive, Patrick Kedemos, to its board in the position of managing director.
Economists believe the rate of inflation in Australia is continuing to slow although it maybe the cooling world economy that will play a greater role in cutting interest rates.
Perth-based Azumah Resources has launched a C$20 million (A$19 million) capital raising to fund exploration programs and a feasibility study for its Wa project in north west Ghana.
Perth-based Liquefied Natural Gas Limited has announced a $US760 million engineering, procurement and construction contract with China Huanqiu Contracting and Engineering (HQC) Corporation for its
Junior iron ore producer BC Iron is hunting for acquisitions and has achieved positive quarterly cashflow for the first time after beating its production guidance.
Prime Minister Julia Gillard says the government is "determined" to return the federal budget to surplus, despite a soft jobs market and reduced expectations for global growth.
Chevron has announced a new gas discovery in the Carnarvon Basin, a day after Woodside Petroleum disappointed the market by revealing three exploration wells originally earmarked for supply to its
The state government has formally committed to an expansion of Esperance Port, potentially increasing its export capacity by 20 million tonnes per year.
Australian shares have added one per cent in early trading as successful debt auctions in Europe and more positive bank earnings in the US buoy optimism.
Nexus Energy has entered a non-binding agreement with oil and gas giant Shell and Japan’s Osaka Gas which will see gas from the Crux natural gas asset off the Kimberley coast processed through Shel
After slashing more than 3000 jobs in 2011, banks are set to drip-feed more job cut announcements in the name of corporate restructures and managing costs.
Gindalbie Metals has vehemently denied media reports that it gave Chinese steel-makers an unfair advantage to win tenders for its Karara iron ore development in the Mid West.
Perth-based software developer ISS Group has signed a $2.4 million, one year contract with Chevron Australia to deploy its BabelFish suite of products at Chevron’s $43 billion Gorgon natural gas pr
Western Australian Labor leader in waiting, Mark McGowan, says some decisions by the federal government have hurt his party's chances at a state level.
The operator of the Dampier to Bunbury natural gas pipeline has lodged an appeal with the Australian Competition Tribunal regarding the state Economic Regulation Authority’s proposed access arrange
Shares in Lynas Corporation have surged 3.8 per cent as investors speculated that the rare earths miner will be granted the go-ahead on its lucrative Malaysian facility.
