Woolworths says its first half sales rose five per cent to $29.7 billion despite the supermarket giant facing subdued consumer confidence and falling prices.
The International Monetary Fund believes Australia is probably the best-positioned of the developed countries to handle a further deterioration in the global economy.
All European Union countries, except Britain and the Czech Republic, have agreed to sign up to a new treaty designed to stop overspending on the eurozone and put an end to the bloc's crippling debt
A media adviser for Premier Colin Barnett has resigned after admitting he leaked false information to the media about Opposition Leader Mark McGowan and circulated a photograph of his house.
Perth-based resources juniors Rico Resources and Tangiers Petroleum have announced plans to boost their coffers, launching capital raising initiatives worth nearly $12 million combined.
Former Perth company director Peter Hickey has been convicted of three counts of stealing more than $200,000, after using investors' money to pay off personal debts, including his wife's credit car
Engineering and contracting group Monadelphous has won two new contracts worth a combined $180 million with Rio Tinto and Chevron, a week after announcing it would exceed its initial profit gu
Global economic uncertainty is hampering the ability of companies to grow and deters them from creating new jobs, according to a survey released today.
Australian stocks have opened slightly higher after mixed leads from offshore bourses kept investors wary ahead of the start of the local earnings season.
Greek Prime Minister Lucas Papademos says there is "total convergence" among political allies on new austerity measures needed for a second bailout and debt cuts to avert default.
The state economic regulator has given its nod of approval for Western Power's near $380 million electricity transmission infrastructure proposal, designed to support new mining and renewable energ
David Sumich's West Africa-focused gold explorer, Volta Mining, has entered an agreement to acquire a series of six prospective gold permits throughout Burkina Faso and Mali.
The federal opposition believes the Reserve Bank of Australia, and not the government, should do much of the heavy lifting if the local economy needs a boost in the face of a souring global economy
Resource industry analysts have hailed Range Resource's partnership with Trinidad's Leni Gas & Oil to effectively merge their oil and gas exploration assets in southern Trinidad, saying the agr
Potash West shares jumped by 25 per cent on the Australian Securities Exchange today, after the Perth-based miner reported encouraging initial results from its latest drilling program in the Mid We
Oil and gas explorer Rialto Energy has announced a $60 million capital raising initiative to fund a three well drilling campaign at its Gazelle gas field off the coast of Cote' d'Ivoire.
