Latest Headlines

The Australian share market closed lower as investors pondered possible weakening in the resources sector, a hold on interest rates this week, a soaring Aussie dollar and Greece's debt crisis.

The federal government expects to raise about $3 billion from the renewal of spectrum licences for mobile phone and wireless broadband services held by Australia's three main telecommunications gro

Former Perth fertiliser tycoon Pankaj Oswal is facing a contempt of court charge for allegedly releasing confidential information to the press about the receivers appointed to Burrup Fertilisers.

Minerals explorer Sheffield Minerals has launched a $10 million capital raising to fund drilling and exploration programs at its Dampier Zircon and Enneabba mineral sands projects.

The Australian Football League has filed a notice of appeal in the Federal Court after losing a court battle to prevent Optus offering its TV Now service.

ANZ Banking Group has raised its variable interest rates for retail mortgages and small business loans by 0.06 per cent.

The federal opposition is demanding Treasurer Wayne Swan explain a potential $4 billion black hole in its mining tax that is due to start in July.

Banks clawed back margins on home loans in late 2011 with average interest rates on new variable mortgages declining by less than the overnight cash rate, the Reserve Bank of Australia (RBA) says.

Doray Minerals has announced an in-principle native title agreement it says will pave the way for the company to be granted a mining lease over its Andy Well gold project in the Murchison.

Subsea services provider Fugro TSM has won a $100 million-plus contract with Woodside Energy at the North West Shelf project off the coast of Western Australia.

Australia's top diplomat has expressed frustration with the slow progress of free trade talks with China, suggesting there is unlikely to be a deal for many years to come.

Julia Gillard likes to talk about the patchwork economy, but it's the patchwork electorate that is Labor's biggest worry.

Rox Resources shares have spiked 12 per cent after the company unveiled a maiden JORC-compliant gold resource at its Mt Fisher gold project in the northern Goldfields.

The Reserve Bank of Australia appears to be losing its faith that the commodity price boom will push the economy into overdrive.

Lachlan Murdoch has been appointed chairman of the Ten Network.

The Australian share market has opened slightly stronger despite a slump in net profits by mining giant Rio Tinto.

Newcrest Mining has forecast a continuing strength in the gold price after reporting a record high first half profit, driven by stronger gold, silver and copper sales.

The US stock market finally got a deal in Greece, but it didn't produce much of a rally.

Iron ore miner Mount Gibson Iron has declared its maiden interim dividend, despite production problems at its mines and a slump in interim profit.

Wangara-based Vortex Pipes has requested reinstatement of its shares on the Australian Securities Exchange, after entering a refinancing agreement with Carmichael Corporate.

Thousands of miners from several of BHP Billiton's central Queensland coal mines are planning a seven-day strike from next week.

BWP Trust has reported a 41 per cent drop in interim net profit, booking $31.9 million in the black for the half year to December 31.

The Australian dollar was marginally lower after economic data showed Chinese inflation at its highest level in three months.

Local businesses have collected nearly $245,000 in funding from the Western Australian government's innovation vouchers program.

Rio Tinto has booked a 59 per cent slump in full year net profit due mainly to a writedown of its aluminium business, but underlying earnings jumped eleven per cent.

The Australian share market closed slightly lower as investors mulled over mixed earnings results, the ongoing Greek debt crisis and whether or not China would cut its interest rates.

The state government has unveiled four new land redevelopment committees that will advise the Metropolitan Redevelopment Authority on urban redevelopment.

Western Australia's ailing utility Western Power will look globally for a new managing director following the retirement of its boss.

Telstra Corporation signed up more than a million new customers in the first half of its financial year, giving a hefty lift to its profit.

Gold explorer Westgold Resources has moved to secure up to $80 million in debt funding to help pay for development of its Central Murchison project in Western Australia.

Clough and its joint venture partner BAM International have won a $400 million engineering and construction contract on Chevron's Wheatstone liquefied natural gas (LNG) project.