Latest Headlines

Shares in Atlas Iron have surged despite the iron ore miner reporting a half-year loss of $114 million.

Power generation company Pacific Energy has won a contract to supply electricity to Doray Minerals’ Deflector gold project in the Murchison region for an undisclosed sum.

WorleyParsons aims to offload more than $100 million of assets after a 77.9 per cent slump in first half profit led it to scrap its interim dividend.

The Australian share market is around one per cent lower after a sharp slide in oil prices prompted selling on Wall Street.

Telstra has appointed the boss of rail and ports operator Asciano, John Mullen, as its new chairman as the mobile giant seeks new growth areas.

230 TAFE jobs go as colleges cut to five

Shares in Wesfarmers have slumped after losses from the group's coal mines partly offset Coles' and Bunnings' strong gains.

The Australian dollar has lost some steam after the recent recovery in oil and equities fizzled out.

Gold has risen about one per cent, spurred by a fall in global equities and inflows into bullion funds that helped the precious metal recover ground lost in previous sessions.

Wall Street stocks have slid, hurt by pressure from a renewed drop in oil prices, undercutting momentum that had helped the market rebound from a sluggish start to the year.

Western Australia-based building products distributor Retroflex Building Supplies has collapsed, owing creditors around $2.4 million.

Local waste management company Tox Free Solutions has won a new contract for work at BHP Billiton’s Olympic Dam mine in South Australia, along with an extension for ongoing work at Chevron’s Western Australian assets, for an undisclosed sum.

Apartments developer Finbar Group says softer conditions in the Western Australian property sector have resulted in moderate pre-sales results at its new projects, after lodging a $6.3 million net

The Australian share market has closed lower, with early gains evaporating as investors undertook strategic sell-offs.

Kerry Stokes' Seven Group Holdings will undertake another share buy-back after tough market conditions pushed first-half profit down.

Rival bidders for rail and ports giant Asciano are considering making a joint, all-cash $9.05 billion bid in an effort to seal the long-running takeover battle.

Living life in reverse is an amusing fictional concept that involves being born old and growing young, but if you look at some of the forces at work in the economy today you might imagine that everything is running backwards – starting with the puzzle of negative interest rates.

Property developer Diploma Group has returned to the black despite a challenging six months for the business.

Perth-based GR Engineering Services has delivered a strong result despite the doom and gloom of the resources sector, announcing today a rise in profit and an increased dividend payout.

Home builder Cedar Woods Properties is on track to deliver a record result for a sixth straight year and has upgraded its earnings guidance after doubling first-half profit.

The legal battle between BC Iron and Watpac Civil & Mining has intensified with the mining services company serving a counterclaim to the iron ore miner and its joint venture partner, now seeking about $52.8 million.

Qantas chief executive Alan Joyce is basking in the glow of the airline's record first-half profit, and plans to stick around for more.

Austal has doubled its interim dividend after growing revenue and boosting its cash flow, despite posting a 41.8 per cent fall in profit for the six months to December.

BHP Billiton has responded to its mammoth interim loss and the prospect of a prolonged downturn by slashing its dividend and adopting a new management structure that leaves Western Australia without a representative in the company’s leadership group.

The Australian share market is higher following an impressive commodities-driven lift on international markets overnight and mixed earnings results.

Nalder wants to put roads under roads to ease congestion

The Australian dollar has hit a two-month high following a strong bounce back in commodity prices.

Gold prices have slipped as much as two per cent as the US dollar strengthened and investor appetite for risk increased, but the metal remained above $US1,200 an ounce after a rally that pushed prices to one-year highs in February.

Global stocks have rallied, backed by a rise in oil and commodity prices, while the British pound suffered its biggest one-day loss in nearly six years against the US dollar on fears Britain would leave the European Union.

Local tech company Captivate On Hold has won a contract to provide its services to a telecoms company based on a remote island near Iceland.

The artistic director of the 64th Perth International Arts Festival, Wendy Martin, has found several ways to keep Australia’s longest running cultural festival fresh, with ticket sales already exceeding the 80 per cent box office target several weeks before the end of the event.

Financial services provider Pioneer Credit says it’s on track for a record FY16, after delivering a 105 per cent rise in half-year profit.