A better-than-expected read on US manufacturing in April and encouraging construction data drove Wall Street shares higher Tuesday as traders shrugged off some poor earnings reports.
Grange Resources has put a $2.9 billion price tag on its Southdown magnetite project near Albany and says it expects to make a final investment decision by the end of this year.
Never-ending resource demand from China and permanent public support for action on climate change are two of the things former prime minister John Howard warned should not be assumed when he addres
The impact of the Reserve Bank's decision to cut its official cash rate by an unexpectedly large 0.5 per cent will become clearer later this week when Australia's big four banks announce their resp
Mining giant Rio Tinto has signed a $3 million partnership with the University of Western Australia aimed at increasing supply of graduates for the mining industry.
Premier Colin Barnett says if the distribution of the GST revenue is not fairly shared between the states, the bigger states will take the matter into their own hands.
Labor frontbencher Martin Ferguson has urged the embattled party to stop its in-fighting, move on from the leadership spill and focus on next Tuesday's budget.
A peak accounting body says the federal government should continue to target weaker parts of the local economy rather than its "commendable" aim to return the budget to surplus.
Cedar Woods has celebrated a decade of development in Victoria by acquiring a seven-hectare development site in Melbourne's north-west for $12 million.
Australian shares have opened slightly higher as confidence grows in the local market following gains in resources stocks and on high expectations of an interest rate cut.
Woodside Petroleum has struck a $2 billion deal to sell part of its stake in the proposed Browse LNG development, in a move that will add to speculation the gas will be piped to the North West Shel
Mining companies are so desperate for workers some are throwing their selection criteria in the bin and spending money on training raw recruits, the Department of Treasury has found.
US stocks closed out April Monday with all three indices slipping lower, helped by weak US consumer spending data and ongoing worries about Spain and the eurozone.
The Australian dollar is almost a full US cent higher as global markets priced in the possibility that the US central bank could embark on a new round of economic stimulus.
National Australia Bank will spend £456 million ($A713 million) and cut 1,400 British jobs to prevent its struggling UK business from causing more damage to its bottom line.
The Australian share market closed stronger, driven by resource and banking stocks on the expectations of a cut in domestic interest rates and a soft economic landing in China.
