Latest Headlines

The Australian stock market opened higher, after markets in the United States rebounded on positive developments in the debt-ridden Eurozone.

US stocks rebounded Thursday amid signs that Italy and Greece were moving to form new governments that would address their deep debt problems.

World oil prices drifted higher on Thursday but the market remained plagued by persistent doubts over the eurozone's debt crisis and in particular the plight of Italy, traders said.

The Association of Mining and Exploration companies has welcomed the Senate's decision to send the minerals resource rent tax legislation to a Senate Economics Committee, on the same day it launche

Perth-based Automotive Technology Group has won two new product awards at the Specialty Equipment Market Association (SEMA) global awards for 2011, held in Las Vegas.

The pilots' union is appealing in the Federal Court against Fair Work Australia's decision to stop Qantas industrial action, claiming it wrongfully ruled against members who had only taken minor ac

The prime minister's decision to work with unions on equal pay for community and social welfare workers has been backed by the state government.

BHP Billiton has negotiated a major development plan with the Town of Port Hedland that would see the mining giant pay more than $80 million for land, build a camp for 6,000 construction workers, s

Ports and rail operator Asciano says it has performed well in uncertain economic conditions but warned it would be affected by a fall in economic activity.

Australia's farmers face a positive outlook in the medium term despite a volatile global economy, the Reserve Bank of Australia (RBA) says.

Perth-based shipbuilder Austal's United States-based operation has won a $1.5 million maintenance services contract with the US Navy.

Australia's peak union body has attacked the state government for refusing to sign up to new national occupational health and safety laws.

Hong Kong-based investment house Wah Nam Holdings has confirmed it is in discussions with Brockman Resources regarding a “potential transaction and co-operation”.

An unexpected fall in the jobless rate is unlikely to prevent the Reserve Bank of Australia (RBA) cutting interest rates again given the continuing turmoil on global markets.

The state government says it will reap an extra $1.9 billion over the next three years after finalising agreements with BHP Billiton and Rio Tinto to increase the royalty rate payable for thei

Gindalbie Metals' timeline for its flagship Karara iron ore project in Western Australia has slipped but the $2.57 billion development cost remains the same.

Mutiny Gold says it has signed an $11 million project loan and hedging facility to fund the acquisition of the final 30 per cent stake in the Gullewa tenements and a feasibility study for its Defle

Kalgoorlie Mining Company says it has received commitments to raise $6 million for the construction of a gold treatment plant at its Bullant gold mine, near Kalgoorlie-Boulder.

The benefits of the mining boom have peaked and the federal government must abandon its commitment to a budget surplus by 2012/13, a new study says.

Australia's unemployment rate fell to 5.2 per cent in October, official figures show.The September figure was an upwardly revised 5.3 per cent.

The Australian stock market fell the most in almost two months as the ongoing troubles in the Eurozone spooked investors.

The Australian dollar has fallen more than two US cents on renewed fears of a looming debt crisis in Italy.

New worries over a eurozone meltdown have sent US stocks plummeting more than three per cent.

The Australian dollar closed higher as the looming resignation of Italy's prime minister added to investor sentiment and gave the currency a boost.

Leprechauns are "lovable little fellows" and no-one should be offended if they are called one, the Western Australian premier says.

Wesfarmers shareholders have delivered a mild rebuke to their board of directors, delivering a protest vote against a new share options scheme but supporting the company's remuneration report.

Allmine Group subsidiary Arccon has entered an agreement to acquire the remaining 50 per cent stake in Construction Industries Australia that it does not already own in an all-scrip offer worth $3

Nine Entertainment chief executive David Gyngell says he is focused on running the company and not on the pile of its debt that will soon require refinancing.

One of Australia's largest accounting firms is standing by its analysis of Labor's mining tax after Treasurer Wayne Swan rebuked it for distorting the public debate.

Fortescue Metals Group says the iron ore price has bottomed out for the moment and demand from Chinese steel mills remains high.

Perth-based nickel explorer Corazon Mining has announced a $4.3 million capital raising to fund drilling programs at its Lynn Lake nickel sulphide project in Canada.