Global miner BHP Billiton does not yet know what caused a tailings dam to burst at an iron ore mine in Brazil, killing at least two people and leaving 28 missing.
The Australian dollar has plunged to a one-month low after strong US employment figures increased expectations that the US Federal Reserve will increase its interest rate in December.
Gold has fallen to a three-month low and set to post its biggest weekly drop in more than two years after US data shows job growth surged in October, making it likely the Federal Reserve will raise interest rates in December.
The competition watchdog has warned that the privatisation process for Fremantle Ports could deliver a high price to government but at the expense of port users.
The resources sector has dramatically increased productivity in the past year, as lower commodity prices drive a wave of cost cutting across the industry, according to the latest national accounts numbers from the Australian Bureau of Statistics.
A visiting Canadian economist has warned that Australia requires urgent reform to its labour market laws if the nation is to remain internationally competitive.
Perth-based online property portal Rent.com.au is making good on its ambition to become the website of choice for renters, with traffic to its website surging past 500,000 unique visitors during the month of October.
A program that links PhD students with industry is attracting support from companies as diverse as iron ore miner CITIC Pacific Mining, software developer Lateral, and aged care provider Southern Cross Care.
The Australian share market has closed slightly higher as investors await key jobs figures in the US which are likely to influence whether the US Federal Reserve lifts interest rates in December.
Evolution Mining appears close to finalising a protracted takeover bid for smaller rival Phoenix Gold, with both companies announcing their boards had reached an agreement after Evolution increased the cash component of its offer.
Canada's Brookfield Infrastructure is determined to take over ports and rail operator Asciano despite Australian logistics firm Qube Holdings having a 19.99 per cent blocking stake in the target.
US stocks have drifted lower on the eve of the highly anticipated jobs report, seen as a litmus test for a Federal Reserve increase in interest rates.685
US stocks have drifted lower on the eve of the highly anticipated jobs report, seen as a litmus test for a Federal Reserve increase in interest rates.685
Gold has fallen to a seven-week low as the US dollar hit a three-month high, and looks vulnerable to further losses after Federal Reserve officials left the door open to a US interest rate rise in December.
Oil prices have slipped for a second straight day as traders worry about abundant supplies and a dollar made stronger by Federal Reserve hints of a hike in interest rates.
The Australian Submarine Corporation should be privatised, while Australian workers have the capability to produce defence projects locally, Austal chief executive Andrew Bellamy said today.
Get a few dozen programmers and health practitioners together for a three-day weekend starting Friday, throw some problems at them, then tell them to come up with solutions by Sunday afternoon.
A Perth technology company seeking to disrupt the mining and energy industries has highlighted how rapid changes in the clean energy sector will also disrupt its own plans to scale up its hydrogen and graphite production.
Reserve Bank of Australia governor Glenn Stevens has pointedly refused to endorse the decision by the banks to protect their profits by jacking up home loan rates.
