Latest Headlines

Oil prices rose modestly Monday after the EU slapped an embargo on Iran's crude exports as part of tough new sanctions aimed at stopping Tehran from funding its disputed nuclear program.

Western Australia's environmental umpire has given its nod to BHP Billiton Iron Ore's $20 billion proposal to construct and operate an outer harbour at Port Hedland, potentially doubling the port's

The Australian dollar has continued its solid performance over the weekend against the US dollar, influenced by relatively good economic fundamentals.

Perth-based DVD rental and online video streaming company Quickflix has announced a new licensing agreement with US-based television network HBO.

Another official interest rate cut is looking more likely as new evidence shows price pressures are easing.

The state government has named a consortium between Brookfield Multiplex and Georgiou Group and another between Leighton and Broad alongside construction heavyweight John Holland on its shortlist f

Toyota Australia has confirmed it will cut 350 jobs due to pressures caused by the high Australian dollar.

The Australian share market closed weaker as investors awaited an outcome to Greek debt restructure plans, with eurozone finance ministers scheduled to meet later today.

Newly-installed state Labor Leader Mark McGowan has confirmed the party will support the introduction of Sunday trading and will not revoke any approvals for uranium mines in Western Australia, in

The multi-billion-dollar Australia-Pacific liquefied natural gas (APLNG) expansion project is nearing a decision to proceed.

Motorists will pay less for petrol in the weeks ahead after unleaded petrol prices hit an 11-week high last week, an economist says.

Treasurer Wayne Swan would welcome new foreign lenders to the Australian loans market, saying more competition would mean better deals for borrowers.

A Chinese nuclear company has moved a step closer to bidding for Australian uranium explorer Extract Resources but the target says it is still seeking alternative suitors.

Bankwest managing director Jon Sutton is returning to a senior executive role at Commonwealth Bank of Australia, with CBA executive general manager of retail and business banking Rob De Luca set to

Perth-based drilling technology and services firm Imdex' joint venture with DHS Oil Holdings has acquired US-based oil and gas downhole survey provider Vaughn Energy Services in a transaction

Western Australia-based Iron ore hopeful Trafford Resources has turned its attention to new acquisitions or joint ventures, after offloading its stake in Indonesia-focused gold and base metals expl

A lower than expected rise in producer prices is expected to set the tone for the release of key inflation figures later this week.

Record production in the December quarter has helped Mirabela Nickel meet its 2011 targets, and the company expects higher production in 2012.

Western Australia continues to lead the nation's economic growth and is set to maintain its course for most of this year, a new report says.

Australian shares opened slightly weaker as cautious investors looked for news on the Greek debt situation following weak overseas leads.

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.

The Australian dollar rose more than a quarter of a cent during a quiet day of trading following a boost on news of successful European bond auctions.

Sandalwood plantation manager TFS Corporation has acquired a 2,910 hectare farming property in the Northern Territory for $4.45 million.

Perth-based waste management technology firm AnaeCo has elevated its chief executive, Patrick Kedemos, to its board in the position of managing director.

Australian shares ended the day on a strong note for their third successive week of gains.

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.

WorleyParsons and its 50/50 joint venture partner in Indonesia have been awarded a $US180 million contract by oil and gas giant Chevron.

Billionaire iron-ore heiress Gina Rinehart has no right to suppress the details of her family trust battle, the NSW Court of Appeal has found.

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