Latest Headlines

Premier Colin Barnett has described the federal government's mining tax as a flop, after Treasurer Wayne Swan revealed today the impost raised just $126 million in its first six months of operation

Western Australia's peak building industry group has called for urgent reform after the state's largest home indemnity insurer, QBE, announced a 40 per cent premium price hike.

Radar Iron is to become a major shareholder in a Northern Queensland magnetite project in a move it hopes will enable progression of its Western Australian projects.

Australia's rate of economic growth is expected to ease slightly in 2013 as mining investment slows, the central bank says.

Energy Minister Peter Collier is deflecting calls for his sacking over cost blow outs in the Muja coal-fired power station refurbishment.

The federal opposition says Treasurer Wayne Swan has been stalling for time by not releasing the revenue amounts raised by the government's mining tax.

The Australian share market has opened flat.

Gold miner Newcrest Mining's first half profit has dropped by 51 per cent due to weaker production and sales.

US stocks rebounded from early sharp losses but finished down Thursday amid some earnings disappointments while Apple jumped after it said it was reviewing ways to return some of its $137 billion c

The long-running takeover of iron ore stock Sundance Resources faces more delays and uncertainty after Chinese suitor Hanlong Mining was told by regulators and bankers in China to find a large and

The majority of employees across Rio Tinto's energy business in Australia will not receive salary increases this year as the miner aims to “secure the long-term strategy” of the division.

Property developer Nick Perrignon has resigned from the state's market leading Satterley Property Group to take up a new role at another private player, the Simpson family's Rockingham Park Estates

Prime Minister Julia Gillard is pressuring the coalition over its superannuation plans, even though Labor has declined to guarantee it won't change the treatment of retirement savings.

Pessimistic forecasts for Western Australia's share of GST distributions have underestimated the dire outlook for the boom state.

International engineering and construction firm CSE Global has announced that its telecommunications subsidiary, which has major operations in Perth, has won $60 million worth of contracts for Inpe

The Australian dollar hit a fresh three-month low after local employment data failed to give the market much optimism about the economy.

Mirvac has reported large writedowns in the value of its Leighton Beach and Burswood developments, contributing to a total of $273 million of losses for the property giant.

The Australian share market has closed higher, boosted by some positive company earnings reports and better-than-expected unemployment figures.

National Australia Bank says its priority in 2013 is cutting costs, even if it is on track to post a record $6 billion full year cash profit.

Confidence among Australian businesses slumped in the final three months of last year, suggesting a slow start to 2013.

TNG has appointed Perth-based engineering firm Arccon Mining Services to complete a definitive feasibility study for its Mount Peake vanadium-titanium-iron project in the Northern Territory.

Western Australia's Labor party is "ashamed" of its own name because of the record of Prime Minister Julia Gillard and her federal colleagues, Premier Colin Barnett claims.

The future of News Corp's Australian newspapers looks more uncertain as the company partly blamed them for an earnings downgrade and said how excited it was to be spinning them off.

Celsius Coal has announced a $10 million financing arrangement with Singapore-based Blumont to fund its exploration and development programs in the Kyrgyz Republic.

A Greens' bid to have the federal government disclose state government attempts to secure Commonwealth funding for a light rail system has failed.

Western Australia sealed a good deal with James Packer despite the billionaire being granted a $35 million discount on land on which he plans to build a six-star, 500-room hotel, Premier

Singapore's Rockworth Capital Partners has finalised its purchase of Phoenix Shopping Centre in Spearwood for $75.8 million.

Opposition Leader Tony Abbott is backing away from a draft coalition discussion paper proposing incentives and beneficial tax rates to encourage people to move to northern Australia.

Leighton Holdings subsidiary John Holland has won a $186 million contract extension for work on an iron ore port being built for Rio Tinto in the state's north.

A steady national unemployment rate is a sign conditions in the Australian economy may be starting to improve.

Telstra shares are higher after the telco lifted its first-half profit and said it was on track to achieve its full-year growth targets.

The competition watchdog has flagged that it has some concerns about Virgin Australia's $35 million plan to buy a major stake in budget airline Tiger Airways.