Galaxy Resources’ $223 million sale of its Jiangsu lithium carbonate plant to a Chinese buyer has received shareholder approval from both parties after multiple delays and timeframe extensions.
Business groups have broadly welcomed the federal government’s approach to improving the 457 visa scheme, but believe more changes need to be made to uphold the integrity and lawful use of temporary skilled migration in Australia.
Iron ore miner Fortescue Metals Group has abandoned plans to refinance $US2.5 billion ($A3.28 billion) worth of debt after failing to attract suitable interest from investors.
Two very different sets of policies – one Australian, one Chinese – are disrupting what has been a very lucrative part of the property investment market.
US stocks have finished mostly lower ahead of a closely watched Federal Reserve policy announcement, while the Nasdaq rose on news of a potential new Apple television venture.
Gold has fallen to a four-month low in volatile dealings, on investor jitters ahead of a Federal Reserve policy meeting that may offer further clues to support expectations of a mid-2015 rise in US interest rates.
The state government has outlined a plan to rein in IT spending, which currently exceeds $1 billion, on the back of Treasurer Mike Nahan’s pledge to make the public sector leaner.
The Committee for Perth has added to the debate over Perth’s public transport system by releasing research indicating light rail systems attract more passengers, have lower running costs, and travel faster than rapid bus systems.
The federal government has responded to Andrew Forrest's Creating Parity review by announcing plans to award 3 per cent of all supply contracts, worth an estimated $135 million per year, to indigenous businesses.
The corporate watchdog is threatening to come down hard on payday lenders as a report shows the industry remains rife with questionable lending practices.
TNG has signed an agreement with two Northern Territory-based contractors to provide civil engineering and construction work at its flagship Mount Peake vanadium-titanium-iron project.
Shares in Minbos Resources surged on news it has entered into an agreement to sell half of the company to joint venture partner, Petril Projects, in exchange for full ownership of the Cabinda phosphate project in Angola.
Perth-based mineral sands producer Iluka Resources has created a new senior executive role to focus on two growth opportunities involving new technology in the UK and Brazil.
BHP Billiton is promoting its spin-off company South32 as a diversified business with high quality assets, sufficient cash flow to support healthy dividends and a strong balance sheet able to fund new investments.
The Australian dollar is marginally weaker as disappointing American factory data dents the greenback ahead of the US Federal Reserve's monetary policy meeting.
Gold has fallen, trading just above its lowest level in more than three months, due to stronger European shares and expectations that this week's Federal Reserve meeting could hint at the timing of any hike in US interest rates.
Gold has fallen, trading just above its lowest level in more than three months, due to stronger European shares and expectations that this week's Federal Reserve meeting could hint at the timing of any hike in US interest rates.
