AAP

A survey that shows businesses have estimated a 14.5 per cent jump in energy costs due to the carbon tax underlines why the impost must be scrapped, Tony Abbott says.

Mining billionaire Gina Rinehart has snared a major stake in oil and gas explorer Lakes Oil.

Opposition Leader Tony Abbott has called on the federal government to publish its latest budget position numbers so the coalition can work out its surplus prospects.

Australians appear to be swapping credit for savings, with a recent study showing intention for taking on debt at a three-year low.

Nine Entertainment has been saved from collapse with a Federal Court judge giving the final tick of approval to a $3.4 billion recapitalisation scheme.

Australian business confidence rebounded in December following an interest rate cut and positive developments in the US and China.

The Australian share market has opened higher for a ninth straight day, despite substantial falls among insurers due to the flood and storm crisis on the east coast.

Australia's mining construction boom is expected to peak in late 2013 and government spending cuts are making it harder to find a new driver of economic growth, economics advisory group Deloitte Ac

US construction equipment group Caterpillar has posted a 15 per cent rise in 2012 net profit, but that was below market expectations owing in large part to a charge of million that arose from acco

US stocks have finished mostly lower despite a stronger-than-expected manufactured durable goods report and a nearly 2 per cent lift from Caterpillar earnings.

The Australian share market closed half a percentage point higher as investors chased higher yielding financial stocks.

Penrice Soda chairman David Trebeck launched an angry attack on dissident shareholder London City Equities (LCE) after he survived Australia's first two strikes board spill meeting.

Clients of financial advisers will find it easier to determine if they are getting value for money under new guidelines issued by the corporate watchdog.

When people crack open a tinny on Australia Day, it could be a rosy economy that they're toasting.

The Australian share market has opened higher, with sentiment still positive after encouraging economic data from China and the United States.

Apple's shares have plunged more than 12 per cent after its earnings disappointment, but the Dow has held up in positive territory with help from airline stocks.

The Australian dollar has fallen almost half a US cent cent despite a positive reading for Chinese manufacturing.

China's manufacturing activity has reached a two-year high, according to a survey.

The Australian market closed at a 20-month peak as high yield stocks made strong gains.

Treasurer Wayne Swan says the federal government is giving infrastructure financing "serious consideration" as a Labor appointee to the Reserve Bank board calls for budget deficits to fund new road

The Australian market is flat in early trade despite strong earnings results in the US leading to overnight gains on Wall Street.

The Australian dollar is higher after weaker-than-expected national consumer price index figures and the International Monetary Fund (IMF) downgraded its economic forecast for Europe.

Buoyed by strong earnings results in the technology sector and progress in the Washington fiscal budget debate, US stocks have closed higher.

The Australian share market closed higher after BHP Billiton's production report exceeded expectations and weak inflation figures drove up high yielding stocks.

The Australian dollar has maintained a strong position after weaker-than-expected inflation data which could clear the way for a Reserve Bank of Australia (RBA) rate cut.

The Australian market is higher after mining giant BHP Billiton's half-year production report exceeded expectations and following strong leads from the US.

The mining industry is worried a potential slowdown in China and is making less effort to attract the most qualified workers, a report shows.

US stocks have shaken off weak housing sales data and jumped on the strength of some buoyant earnings reports.

The Australian dollar is higher, after Japan's central bank announced an expansion of its monetary stimulus plans.

Centro Retail shareholders have overwhelmingly agreed to change the shopping centre company's name to Federation Centres as it attempts to put past problems behind it.

The former head of collapsed company Allco Finance Group, David Coe, has died while on a skiing trip in the United States.

The Australian dollar has rallied against its US counterpart after Japan's central bank announced new measures aimed at lifting the world's third largest nation economy out of a long period of defl