Iron ore exporter Fortescue Metals says it will repay $US700 million ($A925 million) of its debt, generating annual interest savings of about $US26 million.
Housing investment and construction in Australia are likely to wane in coming years, with an accompanying drop in their contribution to the strength of the economy, the Reserve Bank says.
Oil prices have risen as a softer US dollar and stronger US equity markets helped crude futures rebound from an early drop pressured by worries about increased drilling activity for oil in the United States.
The Australian dollar has edged higher as the greenback lost some ground after a Federal Reserve official cast doubt on the chances of a US rate rise in September.
Gold has steadied, recovering from earlier weakness after dovish comments from US Federal Reserve policymakers lowered expectations for a September US interest rate rise, and the greenback fell.
Market rout dents yield maniaInvestors have questioned whether the five-year bull run in Australia’s high-yield stocks is over after local shares joined a global equities
Six years after buying into Bibra Lake-based InterGrain, agricultural biotech company Monsanto has decided to sell its 26 per cent stake in the government-backed grain breeding company.
The Australian share market has slumped to a two-month low as investors dumped stocks from all sectors on fears the US Federal Reserve could hike interest rates this month.
Health insurer BUPA has admitted to rejecting more than 7,000 claims over five years without having the refusal assessed by a doctor as required by law.
Executive coaching, mentoring, and leadership development firm Stephenson Mansell Group will use its recent foray into Asia to bolster business following its decision to open an office in Western Australia.
Davenport Resources has launched a $5 million capital raising to support its plans to acquire a potash project majority owned by West Perth-based Potash West and list on the ASX.
SPECIAL REPORT: Slower growth in discretionary spending is a challenge for some local fashion hopefuls, but export markets and tech-style accelerator programs are presenting opportunities.
The corporate regulator has blasted the insurance industry over expensive, poor-value add-on policies sold to car buyers, warning there are "serious problems" in the market that must be fixed immediately.
Elders is expecting underlying earnings to jump as much as 24 per cent after it decided to stop long-haul live animal export shipments and sell its short-haul operations.
The Environmental Protection Authority has recommended approval of global miner Cliffs Natural Resources’ plans to extend its Koolyanobbing iron ore operations, as Mineral Resources continues to seek approval for its own expansion plans in the same region.
Gold prices have fallen again as hawkish comments on US interest rates from a top Federal Reserve official helped lift the US dollar, and as buyers continued to cash in on this week's price rally.
Oil prices have fallen almost four per cent, paring most of the previous session's rise as traders noted that a tropical storm was behind this week's unexpected slump in US crude inventories.
Central bank fears spook marketsInvestors are bracing for the wildest ride since the Brexit vote across stocks, bonds and currencies on Monday as speculation intensifies t
Consulting and advisory group Urbis is preparing to add property valuation to its suite of services, following its move to customised new premises at The Quadrant on William Street.
ANALYSIS: It has been a high-profile week for extremely private explorer Mark Creasy, with two major pieces of news that appear likely to add to his already significant wealth.
Western Australia workplaces are taking a big-picture view of employee wellbeing, implementing programs to target mental, social, financial and physical health.
The Australian share market has fallen, with the big banks among the worst performers, after the European Central Bank failed to provide more economic stimulus.
