Australian shares have opened lower after a downgrade of nine of the European bloc countries' credit ratings sparked a fresh wave of risk aversion ahead of more Chinese data this week.
The mass debt downgrade of eurozone nations has reignited a debate over boosting the bloc's bailout fund, but governments are divided over raising their contributions, a senior EU official says.
The owners of a rigging and construction business have been fined a total of $32,500 for failing to provide workers with a fall injury prevention system on a construction site.
Navigator Resources has secured $4.5 million in extra funding by negotiating a royalties deal with Canadian group Franco-Nevada, as it continues efforts to ramp-up gold production.
PMI Gold Corporation has reported positive results from a pre-feasibility study for its Obotan gold project in Ghana, saying the results provide a good basis for securing funding.
A survey of tourist accommodation shows occupancy rates in Perth and the North West at record levels in the September quarter of 2011, while regional tourist towns are languishing.
Workers in Australia's big banks are being warned to prepare for the worst after ANZ confirmed it will slash hundreds of jobs over the next six months.
Engineering and construction firm Forge Group has diversified into the energy sector through the acquisition of Balcatta-based CTEC Pty Ltd for up to $38.6 million.
Santos today announced the final approval of the $490 million Fletcher Finucane oil project in the Carnarvon Basin, offshore Western Australia, and an increase in its equity interest after buy
The owners of the Ichthys LNG project have today announced that the cost of the development will be US$34 billion, above most recent estimates for the long awaited project.
Getting a clear understanding of CEO remuneraton packages has been a challenge in Australia, despite increased disclosure over the years, but that looks set to change if the high standards set by F
Forge Group has completed its search for a new chief executive with the recruitment of a senior executive from UGL Resources on a $1 million-plus package, and by coincidence has called a trading ha
Australia's tourism industry can only dream of the government support being afforded to the country's automotive sector, despite its far greater contribution to the nation's economy, says peak indu
Leaders from foreign companies expected to build a giant gas project in Darwin are converging on the city amid speculation they are poised to seal the deal.
Hegney Property Group has reported that rents in Perth rose by 6.8 per cent in 2011 and that vacancy rates that are currently at about 2.8 per cent are expected to tighten even further to 2.0
A record year for natural disasters has caused insurance giant QBE to issue the year's first major profit downgrade, sending its shares to a near eight-year low.
One of 2011's best stockmarket performers, Iluka Resources, has posted a 53 per cent jump in sales revenues in the December quarter, capping a year of strong growth in production and sales.
