WESTERN Australia’s super-charged resources sector has provided little protection for retailers battling to overcome sagging consumer sentiment and a shift from spending to saving.
Acting Prime Minister Wayne Swan says the mining tax will allow the community to share in the resources boom, as the mining industry continues its campaign against the proposed impost.
ANZ has become the third of the major banks to pass on Tuesday's central bank rate cut in full, but National Australia Bank only passed on a 20 point cut.
Shares in OneSteel plunged 16 per cent to a decade low after the company revised down its earnings guidance because of the recent fall in the iron ore price and rise in the Australian dollar.
Outspoken Labor backbencher Doug Cameron says the government will have to consider changing the Fair Work Act to make sure companies can't abuse the law like he says Qantas did on the weekend.
The Australian stock market has opened lower, mirroring large losses on offshore bourses, as investors reacted to the latest developments in financially-troubled Greece.
The Australian dollar is sharply lower as news of a Greek referendum to decide whether to accept a second Eurozone bailout package sent jitters through markets.
Collapsed US broker MF Global may have used client money on its own behalf as it fought to beat losses on European debt, markets operator CME Group said Tuesday.
Master Builders Australia says a replacement agency with fewer powers than the Australian Building and Construction Commission would give the green light to building unions to engage in unlawful st
The forestry assets of failed rural land owner The ARK Fund have been sold for $46 million in a deal struck by receivers from McGrathNicol with an international timber investment group.
A joint venture led by US-owned construction contractor Kiewit Australia, which is a new player in the local mining sector, has won a $247 million contract from Fortescue Metals Group for works on
The fate of Brockman Resources’ Marillana iron ore development in the Pilbara is up in the air, after major shareholder Wah Nam International commissioned a review of the Perth-based junior’s opera
Qantas Airways' bookings should improve in the period ahead as the end of work stoppages brings greater certainty to the Flying Kangaroos' schedule, analysts say.
Cedar Woods says it is on track to lodge a record profit of more than $34 million this financial year, with $140 million in pre-sales underpinning its growth in trying market conditions.
Australian stocks fell 1.5 per cent, as weakness among the nation's major miners dragged the broader market lower on weaker Chinese manufacturing data and concerns about Europe.
BHP Billiton has approved the development of the $US4.2 billion ($A4 billion) Caval Ridge Mine coal project in the northern Bowen Basin in central Queensland.
Tough new abalone laws have been introduced to Western Australia this season, giving recreational fishermen just one hour on the first Sunday of each month to collect the valuable shellfish.
Tension is mounting surrounding the federal government's minerals resource rent tax legislation, with key independent MPs demanding stricter rules for coal seam gas and the Greens insisting gold mi
Campbell Brothers has bought US-based environmental and food analytical group, Columbia Analytical Services (CAS), for $US33 million ($31 million), as the company seeks to expand in the United Stat
Prime Minister Julia Gillard says she wants developing nations to invest in clean energy, as she heads to the G20 leaders' summit on France's south coast.
Australians like to think that their country is in better shape than deeply indebted Europe, but if you analyse the Qantas dispute you discover an identical set of circumstances with time the only
