Newcrest Mining has posted a 22.2 per cent increase in annual profit, buoyed by robust gold and copper sales volumes from its flagship Cadia mine in NSW, while its Western Australian Telfer project also performed well.
Takeover target Automotive Holdings Group will pursue the sale of its refrigerated logistics business after a strategic review found it had overstated revenue in the underperforming unit.
Oil prices fell more than 1.0 per cent overnight, extending the previous session's 3.0 per cent drop, pressured by mounting recession concerns and China's threat to impose counter-measures in retaliation for the latest US tariffs on $US300 billion of Chinese goods.
Gold prices rose overnight as lingering fears about a global economic downturn and lack of clarity on the US-China trade front kept the safe haven precious metal comfortably above the key $US1,500 per ounce mark.
Eight protesters were arrested at state parliament today as members of the Extinction Rebellion group took their climate change activism to the next level, with a sitting in the legislative assembly brought to a standstill.
The Australian share market has shed more than $63 billion in its worst day in 18 months amid a global market meltdown as investors worry a recession is near.
Western Australia has recorded the largest decrease in jobs for July, just a month after it was the only state or territory in Australia to experience an increase in employment.
Austal has secured a $US23 million ($34 million) contract with the US Department of Defence, and addressed media reports of a possible Philippines expansion.
Northern Minerals is set to raise $20 million via a private placement, the latest in a string of significant capital raisings the rare earths hopeful has undertaken this year.
The state government's Westport taskforce has concluded that all container shipping should be moved out of Fremantle to a new land-backed port in Cockburn Sound, to be built at a cost of about $4 billion.
The owner of Rebel sports clothes stores and Supercheap Auto has recorded an 8.6 per cent increase in full-year profit to $139 million after pinning its hopes on what it calls a 'clicks-and-bricks' strategy.
A move to reactivate a dividend reinvestment plan and a $US 1.5 billion debt deal should be read as a sign Woodside Petroleum is confident that its Browse and Scarborough projects are moving forward, chief executive Peter Coleman said.
Millennium Minerals has appointed Warren Hallam as managing director, marking Mr Hallam's return as the leader of a junior miner since his short-lived stint at Capricorn Metals ended abruptly in March.
Telstra has reported a 40 per cent fall in full-year profit to $2.15 billion and flagged another earnings squeeze next year as construction of the national broadband network nears completion.
Oil prices shed 3.0 per cent overnight after Chinese and European economic data revived global demand fears and US crude inventories rose unexpectedly for the second week in a row.
Gold rose more than 1.0 per cent overnight as an inverted US Treasury yield curve and weak euro zone data stoked fears of a global economic recession and drove investors toward safe-haven bullion.
The head of the Department of the Premier and Cabinet has been accused of an “extremely serious intentional breach of parliamentary privilege” by a parliamentary committee chaired by Labor's Kate Doust for his actions during a Corruption and Crime Commission investigation.
The Australian share market has surged in its final half-hour of trading to close in positive territory despite some major companies going ex-dividend.
Shopping centre giant Vicinity Centres has felt the full force of WA's weak retail climate, after it recorded a $227 million write-down, largely due to the performance of its WA portfolio, which had $191 million wiped off its value.
Construction has started on a new aged care centre at LandCorp's Claremont on the Park redevelopment, with Oryx Communities today breaking ground on The Queenslea project.
An initiative being rolled out in Perth's northern suburbs promises to reduce the costs of installing residential solar panels while also creating a new asset class for institutional investors.
Shares in Castle Minerals have risen by as much as 150 per cent today, after the junior gold explorer signed a $US11.7 million ($17.2 million) farm-out agreement for two of its licences in Ghana.
Tourism Council WA has put a damper on Tourism Minister Paul Papalia's positive take on new data showing a record number of jobs in the sector, pointing out that growth in tourism jobs in WA was the lowest of any state or territory.
Rhinohide is seeking to raise up to $500,000 via equity crowdfunding platform Equitise, after raising $791,000 from private investors earlier this year, as the vehicle protection panel business looks to launch in the US.
CSL's full-year profit has risen 11 per cent to $US1.92 billion ($A2.82 billion), driven by disease diagnosis and global demand for its immunoglobulin portfolio.
