Indian sandalwood producer TFS Corporation has refinanced $US200 million of debt through a note issue overnight in the US, while also raising extra funds for working capital.
The competition watchdog has waved through a $9 billion takeover of rail and ports giant Asciano, and approved Metcash's bid for Woolworths' Home Timber and Hardware business.
Debt-laden uranium miner Paladin Energy has struck agreements to sell an interest in two of its projects, with total proceeds expected to be $US205 million ($A275 million).
The depreciation of the British pound following the UK's decision to leave the European Union could hurt demand for imported wine, including from Australia.
A rebound in iron ore prices has helped Mount Gibson Iron hit its full-year sales guidance, with the junior iron ore miner reporting ore sales volume of 5 million tonnes.
South 32 says it's met its annual production guidance for most of its commodities despite cutting production during the year, and is on course to achieve its FY17 unit cost guidance.
Woodside Petroleum's second quarter sales revenue and production have fallen due to lower oil prices and an earlier refurbishment at its North West Shelf gas facility.
Papua New Guinea-focused Oil Search has backed down from a bidding war with global energy giant ExxonMobil, choosing not to raise its near $3 billion bid for New York-listed explorer InterOil.
Gold has fallen to its lowest level in three weeks as equities rose and the US dollar hit a four-month high following strong US economic data, which raised expectations the Federal Reserve may raise interest rates before the end of the year.
Oil prices have risen as much as one per cent, lifting US crude from two-month lows, after the US government reported a ninth straight week of crude inventory draws, easing some concerns in a market worried about a glut.
Super fix comes at costThe Turnbull government’s plans to dilute its most controversial superannuation proposal by allowing exemptions for ‘‘life events’’ could cost the b
A new dining and entertainment precinct will open late next year in the northern suburbs, featuring up to 10 new restaurants and an eight-screen cinema complex.
An investment group led by Sydney-based Duncan Saville is set to gain control of Homeloans, after the Perth-founded mortgage lender struck a takeover deal with competitor RESIMAC.
The Australian share market has closed higher after Tuesday's release of the minutes of the Reserve Bank of Australia's last board meeting boosted investors' expectations of an interest rate cut in August.
Below-guidance costs at Northern Star Resources have helped the gold miner increase free cash flow by 21 per cent, according to its quarterly activities report released today.
Shareholders in one-time mining companies Cove Resources and Pacific Ore have enjoyed solid gains after the two companies resumed trading on the ASX as tech plays, with one chaired by former Alinta
An app developed by Perth-based telecommunications company ZipTel has been selected to feature on the new Samsung operating system that will launch in August.
Local junior miners Prospect Resources, Azumah Resources and Sipa Resources, and Melbourne-based Red River Resources, have today announced a collective $29.8 million worth of capital raisings.
The richest 1 per cent of Australians have become less well off in the past eight years, while net wealth in the bottom 10 per cent of households has continued to grow, according to the Melbourne Institute’s Hilda survey report.
Perth’s residential property market may be enveloped in a cloud of doom and gloom, but the Real Estate Institute of Western Australia has released a list of eight suburbs across the city that recor
Global accounting giant KPMG and insurance group CGU have joined a host of firms searching through Perth’s 400,000-plus square metres of vacant office space for new homes.
A fuel supply system at Rio Tinto’s Cape Lambert port and work on a loading jetty at Ichthys’s Darwin LNG facilities are among $140 million of contracts recently won by Monadelphous.
The great Australian dream of owning a home is becoming more of a fantasy, with fewer than half of adults expected to become a home owner in the next few years.
BHP Billiton has fallen slightly short of its revised iron ore production target for the 2016 financial year as it struggles to make up for the suspension of operations at its Samarco joint venture in Brazil and the impact of bad weather in Western Australia.
Oil prices have fallen as much one per cent for a second day in a row as a rallying US dollar and a global fuel glut offset forecasts for lower US crude stockpiles that typically would have been bullish for the market.
Gold has cut some earlier gains, as the US dollar hit a four-month high after data showed a surge in US housing starts in June, although weaker equities provided support.
Brexit forces IMF to clip growth outlookThe bombshell Brexit vote and other geopolitical risks have forced the International Monetary Fund to scrap plans
