Australia will need $240 billion of investment in its gas and electricity industries over the next two decades to ensure a reliable supply, a draft federal government white paper says.
Farm exports are expected to grow by six per cent in 2011/12 despite an expected slowdown in world economic growth, the federal government's commodity forecaster says.
Australian shares slumped 1.6 per cent as warnings from two ratings agencies doused hopes that the measures outlined at Europe's debt summit will be enough to resolve the crisis.
Leighton Holdings subsidiary John Holland has secured a $370 million contract to design and construct the accommodation village for Chevron's Wheatstone gas project near Onslow.
Australian shares rose more than one per cent after US data topped market expectations and a debt deal from Europe boosted hopes for the global economy.
Tanami Gold managing director Graeme Sloan has left the company, after it announced that the development strategy for its Central Tanami project would be reviewed in light of its drilling success.
Chinese investment group Wah Nam International has moved to gain full ownership of iron ore company Brockman Resources, through a takeover pitched at less than half the value of its original offer.
Former ABC Learning Centres boss Eddy Groves and CEO Martin Kemp want to be tried separately on charges relating to the collapse of Australia's biggest childcare chain, a court has heard.
Australian-based minerals company Avalon Minerals is set to raise $3.88 million through a share placement with copper producer, developer, and explorer Mawson West.
The heated battle for control of explorer Paynes Find Gold has resulted in the election of one out of three candidates who stood at Friday’s specially-requisitioned meeting of shareholders.
Perth-based coal producer ZYL has announced intentions to prioritise the fast-tracking of development at its newly-acquired Mbila anthracite project ahead of its Kangwane anthracite project.
WA-based oil and gas company Jacka Resources has entered into an agreement with Providence Resources to acquire a direct interest in the OML 113 petroleum licence in Nigeria, which includes the Aje
China Petrochemical Corp (Sinopec) has increased its stake in Origin Energy and US giant ConocoPhillips' Australia Pacific liquefied natural gas (LNG) project.
The Australian Securities and Investments Commission announced today it has reached a settlement with the founder of the failed Westpoint property investment group, Norm Carey.
Treasurer Wayne Swan says the major four banks have looked after their customers leading into Christmas by moving inline with the central bank's interest rate cut.
Australian shares ended near their lowest point this month as investors took cash off the table ahead of a weekend of crunch talks on the future of the eurozone.
Seven West Media has appointed Tim Worner as chief executive of Seven Network Television.Mr Worner will be responsible for the management of the Seven Network Television business.
Harvey Norman says it did not knowingly mislead consumers when it advertised 3D televisions in regional areas where such broadcasts were not available, although a court has found otherwise.
Mount Gibson Iron managing director Luke Tonkin has left the miner ahead of his planned departure date after talks with other board members about his termination package collapsed.
Uranium explorer Extract Resources looks set to fall under Chinese ownership after a widely-anticipated takeover offer for its major shareholder, UK-based Kalahari Minerals, was announced over
