Commonwealth Bank of Australia has followed its peers by raising its variable rates for interest-only mortgages, becoming the last of the big four banks to adjust its rates mix in an attempt to slow down riskier lending.
The federal government’s Clean Energy Finance Corporation has emerged as a surprise backer of Pilbara Minerals’ Pilgangoora lithium mine, and has outlined a broad range of projects that may attract future support.
Palmer row pushes Citic to eye closureChinese conglomerate Citic will shut its $12 billion Sino Iron project by the end of the year, putting about 2600 jobs at risk, un
Oil prices have settled more than half a per cent higher as some traders find bargains after last week's seven-month lows, but rising crude supply in the United States and other countries has limited gains.
Gold has tumbled to its lowest price in nearly six weeks as a large sell order hit sentiment, though losses were limited by political uncertainty around the world.
ASX-listed Collins Foods will spend $110.2 million to acquire 28 KFC restaurants around Australia from US-based Yum! Brands, six of which are in Western Australia.
Global business Siemens is expanding its footprint in the rail infrastructure sector with the acquisition of Perth-headquartered MRX Technologies for an undisclosed sum.
Property development and investment firm MGroup has added a second shopping centre to its portfolio, entering an agreement to buy Wodonga Plaza in Victoria from Vicinity Centres for $43.5 million.
Three Australian employees of Crown Resorts could be released from a Chinese jail within months after being handed nine and 10-month sentences for gambling-related offences.
BHP has approved initial funding for its $3 billion-plus South Flank iron ore project in the Pilbara, and the company's top Australian executive said he wanted to hear from local suppliers who could add value to the development.
OPINION: Those among us who are unfamiliar with the term ‘collateral damage’ are about to learn its meaning first hand, because it is what we have become – innocent victims of bad governance across Australia.
Willetton Senior High School has claimed the top prize at this year’s WA Architecture Awards, while Elizabeth Quay, an arts centre in the Pilbara and the Gen Y Demonstration Housing project were among those to receive high accolades.
Engineering firm Monadelphous Group has won two new contracts totalling $170 million, one of which is for further work on the Ichthys LNG project in Darwin.
No GST quick fix: TreasurerScott Morrison has cautioned West Australians against expecting a GST miracle, admitting the Federal Government’s review of how the tax is sh
The Australian dollar is hardly changed against its US counterpart even as the greenback weakens slightly amid mixed data and comments from the Federal Reserve.
Oil futures have edged higher with a lift from a weaker US dollar, but have finished a fifth straight week lower as OPEC-led production cuts have failed to substantially reduce a global crude glut.
Gold prices have climbed to one-week highs, boosted by a weaker US dollar, economic and political uncertainty around the world, and the limited prospect of further interest rate rises in the United States.
Communications consultancy Cannings Purple has recruited former Deloitte chairman Keith Jones to succeed Norman Moore when he steps down as chair next month.
One of institutional property group Charter Hall’s investment funds has bought The Ship Inn in Busselton, part of a $23.2 million sale and leaseback deal with Australia’s biggest pub owner, ALH Group.
The Australian share market has ended in positive territory, despite a tumultuous day for the major banks after fresh talk of state government imposed levies.
Silver Lake Resources has announced the sale of its remaining interests in the Murchison region to Metals X spin-out Westgold Resources in a cash-and-shares deal worth $10 million.
