Quickstep Holdings has announced a $10.3 million capital raising to fund the construction of its new headquarters and manufacturing facilities in New South Wales and support its involvement in the
Myer has reiterated that sales this fiscal year will be flat and net profit will decline as much as 10 per cent because of the tough retail conditions.
Shares in Woodside Petroleum slumped six per cent to a seven-week low after the oil and gas producer's 2012 production target fell short of expectations.
The Australian sharemarket has opened weaker for the sixth consecutive day as investors shy away from mining and resources stocks and after European markets suffered more losses.
European stock markets have closed mostly lower, slipping back from a modest technical rebound made as a strong survey of German business confidence helped sentiment amid the eurozone debt gloom.
Transperth has signed on with transport systems technology specialist Vix Technology, formerly ERG, to carry out a trial aimed at improving Perth's public transport network.
Two leading business figures have spoken out against the recently introduced two-strikes executive pay rule, arguing it could be used for mischief and does not improve corporate governance.
David Jones shares slumped to an eight-week low after the retailer reported that first quarter sales fell more than 10 per cent and confirmed expectations of a hefty drop in first half profit.
As bushfires continue to engulf parts of Western Australia's southwest and another fire threatens homes in Perth's east, a parliamentary report has revealed the state may be underprepared for the b
Perth-based marine safety equipment provider Mobilarm has signed a contract to supply 218 of its Crewsafe V100 locating devices to the Fire and Emergency Services Authority.
The Australian sharemarket has closed weaker for the fifth consecutive day at a seven-week low with investors staying away or moving their money to safer assets.
Westpac has overhauled its management structure and hired a potential chief executive successor as it pushes to be the country's leading financial company.
Home buyers can continue to expect mortgage discounts next year as big banks battle each other for a bigger share of a sluggish lending market, a new report says.
Base Resources has signed a key off-take agreement with Dupont Titanium Technologies for mineral sands produced from its flagship Kwale project in Kenya.
Murchison Metals will be left with just a few exploration tenements and little funds if it pays shareholders with cash received from the $325 million sale of key assets to Mitsubishi.
The Australian dollar has fallen to its lowest level in seven weeks as concerns about China's economic growth and Europe's debt crisis drag sentiment lower.
US equity markets have tanked as a poor German government debt auction fuelled fears over Europe's fiscal crisis and weak growth in the eurozone, a major US trading partner.
The Australian dollar has continued its downward trend following a report that France and Belgium were restarting talks on the bailout of Brussels-based bank Dexia.
The federal government could be forced to make further changes to its mining tax by the Greens, despite Prime Minister Julia Gillard's assurances that it will pass the Senate with the support of th
Premier Colin Barnett has hit back at federal Resources Minister Martin Ferguson for saying the real problem for mining companies was paying state royalties.
