Latest Headlines

A rise in Australia's June quarter producer price index could mean Wednesday's inflation data will be stronger, but it should not prevent more interest rate cuts by the central bank, economists say

Aviva Corporation says it is shifting its focus to its coal projects in Botswana after offloading its Kenyan gold and base metals assets to international miner Barrick Gold for $20 million.

Prime Minister Julia Gillard is confident her government will deliver a $1.5 billion budget surplus in 2012/13 as forecast in May.

Alesco Corporation has not been swayed by DuluxGroup's move to increase its takeover offer to $210 million.

Woolworths has overcome tough trading conditions in the retail sector to lift its sales by 4.7 per cent to $56.7 billion in the 2012 financial year.

The Australian share market has opened almost one per cent lower amid renewed worries over government debt in Europe re-emerge.

Western Australia remains by far the nation's strongest state on most economic valuations, and even its weakest parts outstrip many other jurisdictions, CommSec says.

The Australian dollar has fallen back, as concerns around the euro zone return to the market.

US stock markets managed to paddle aside a stream of negative news last week, riding a tidal wave of earnings to modest gains.

IFS Construction Services has announced the appointment of chartered accountant Alan Winduss to its board of directors, as the company continues to review a takeover proposal from a company backed

The Australian dollar is trading close to its three-month highs but it looks as if it is running out of steam after a week-long rally.

Investors have savaged engineering and maintenance group Engenco after the company, formerly known as Coote Industrial, said its earnings for the 2012 financial year would be lower than expected an

Economists at the nation's biggest home lender, the Commonwealth Bank of Australia (CBA), still expect an interest rate cut next month ahead of a likely benign inflation result on Wednesday.

Base metals miner Fox Resources has been forced to suspend a $30 million funding agreement with a Chinese co-operative for its Radio Hill nickel-copper project because of continued weakness in comm

Navigator Resources' quest for more capital has come under further scrutiny from the corporate watchdog, with the company's prospectus for an upcoming $16 million rights issue delayed until further

Nido Petroleum has secured a $US30 million project finance facility to fund the second phase of development at its Galoc oil field, off the coast of the Philippines.

The Australian sharemarket has closed slightly lower as investors took profits on stocks that rose steadily during the week.

Talga Gold has announced a $2.3 million capital raising plan to continue development at its suite of graphite, iron ore and gold projects.

Energy and Minerals Australia has been granted mining leases for its Mulga Rock project, days after settling litigation that had stymied development.

National telecommunications company NewSat has won a $US8.59 million contract to provide satellite communications services and hardware for Chevron's Wheatstone project, off the north west coast of

Perth has been praised in a federal government report for managing to make rail an attractive alternative to roads.

The chief executive of up-for-sale poultry business Inghams says there is interest in the family-owned company from Australian buyers but there is no certainty they will be able to compete with for

Asciano has struck a fresh deal with Bluescope Steel and Arrium to continue providing them with rail linehaul services across Australia.

Recent rate cuts and household stimulus have helped economy-wide spending rise for the sixth consecutive month in June.

RCR Tomlinson shares have jumped after the engineering contractor announced a 20 per cent upgrade on its expected full-year earnings.

Grange Resources has appointed former Jupiter Mines and Portman boss Richard Mehan as its new chief executive.

Darrell Lea's administrators say they are in talks with 90 local and international parties interested in buying the troubled chocolate business.

Broadcaster Ten Network Holdings has agreed to sell its outdoor advertising business, Eye Corp, to Outdoor Media Operations (OMO) for up to $145 million.

GE and Chevron have signed a $600 million long term service agreement over the Gorgon Project.

A new $33 million supercomputer bound for Perth will help scientists around the world to uncover the secrets of the universe, Minister for Science and Research Chris Evans says.

Hastings Diversified Utilities Fund's (HDF) investors are still being urged to reject a takeover offer from APA Group, despite the competition watchdog giving the green light to the deal.

The Australian share market has opened lower, despite a positive lead from Wall Street.