The Australian share market has opened more than one per cent higher, boosted by positive leads from markets overseas and a positive outlook for the Australian economy.
Wall Street stocks rose for the second straight session, led by resurgent oil shares and retailers after a pair of US clothing chains raised their earnings forecasts.
Gold has fallen nearly two per cent to a four-week low, sliding for a fifth straight session as prices come under pressure from a rising US dollar and speculation that the Federal Reserve may lift interest rates this year.
An independent expert’s report commissioned by Aspen Group has concluded that its takeover of the Aspen Parks Property Fund is fair and reasonable and superior to a competing proposal.
Singapore-listed contractor Ausgroup has reported a net profit of just $472,000 for the September quarter after incurring higher restructuring costs and delays to its new marine services business.
The Australian share market is over 1 per cent higher, ending a six session losing streak, after the Reserve Bank left the door open for a another rate cut.
Kingsrose Mining managing director Scott Huffadine has resigned following a series of operational setbacks at the company's Indonesian gold mine, on the same day Kingrose postponed repayments on $10.1 million of debt to non-executive director Bill Phillips.
Gold miner Metals X has reached commercial terms for the formation of a ‘big pit’ near Kalgoorlie by combining its recently acquired Georges Reward project with Southern Gold’s neighbouring Cannon mine.
A Perth geospatial business has been recognised by the United Nations for its contribution to a project named as one of 16 globally for its “game-changing” actions addressing climate change.
St John Ambulance has reported increased revenue and surplus for the 2014-15 financial year, growing its income from ambulance trips, health department contracts, and first aid training services.
The Reserve Bank of Australia has resisted temptation to slash interest rates to another historic low, but has flagged the possibility of cuts in the near future.
Western Australia Labor's left faction is hoping to oust Gary Gray from the federal seat of Brand, saying he should be an independent if he doesn't want to toe the state party line.
Construction giant Cimic's Leighton Contractors unit has secured a contract from BG Group for setting up gas infrastructure in Queensland's Surat Basin.
Local explorer Rox Resources is considering either selling its Reward zinc project or spinning it out into a new company, as part of a strategic review of its projects and assets.
Vinalco Energy, the Synergy-owned Muja power station operator, could be fined up to $100,000 after it was found to have exercised unlawful power over Western Australia’s electricity market.
Takeover target Asciano is hopeful Canada's Brookfield Infrastructure can still pull off its $8.9 billion bid, despite local logistics firm Qube moving to block the marriage.
The Dow has pushed back into positive territory for 2015, lifted by a technical bounce in petroleum shares and data showing a seven-year peak in US construction spending.
Gina Rinehart’s Hancock Prospecting has been affected by weak commodity prices and is bracing for more of the same, revealing its 2014-15 revenue slid by more than 22 per cent to $2.04 billion.
A cluster of Western Australia-listed companies has been highlighted in BNiQ research as exhibiting strong revenue growth, appearing to have bucked the economic slowdown with strong gains in operational income.
The Australian share market has been dragged down by Australia's biggest companies as global investors steer away from risk assets ahead of Tuesday's Reserve Bank of rate decision.
Perth companies Valmec and Northern Minerals have struck agreements to raise up to a combined $8.2 million through the issue of convertible securities.
