Telstra's plan to pay down debt and create new shareholder returns by monetising the receipts from the national broadband network has been rejected by the rollout company.
The Australian share market has bounced back from its previous sessions' 10-week low and opened higher with investor nerves cooling after North Korea fired a missile over Japan.
The Australian dollar is a little higher against its US counterpart which rebounded as markets reversed their risk averse response to North Korea's missile firing over Japan..
Academic union rules wound backMurdoch University has successfully axed historical union restrictions on redundancies and workplace change in a groundbreaking Fair Work
US petrol futures have jumped four per cent while crude prices are mixed after a hurricane shut down 16 per cent of the country's refining capacity, curbing fuel production and further bloating crude inventories.
Gold has jumped to its highest since November, extending the prior day's rally above $US1,300 per ounce as investors bought bullion as insurance against falling prices of other assets after North Korea tested a ballistic missile over Japan.
The Australian share market has slumped to a 10-week low after North Korea fired a missile over Japan, escalating tensions on the Korean peninsula and spooking Asian markets.
Northern Minerals has locked in a $US30 million ($A38 million) research and development loan facility with a US-based financier, as it progresses development of its Browns Range heavy rare earths project.
Chinese company Citic has recorded a first-half loss at the Sino Iron magnetite mine in the Pilbara, while warning that the ongoing tussle with tenement holder, Clive Palmer's Mineralogy, means production at the project could eventually be suspended.
Engineering and mining contractor Downer says its acquisition of facilities management provider Spotless and new rail infrastructure projects will drive the company's growth.
A medical cannabis company focused on animal health has announced plans to list on the ASX, while two other companies - including a pearling business - have made movements in the pharmaceutical space.
The Insurance Commission of Western Australia has today accepted an offer from Sydney-based GDI Property Group for the Westralia Square office building in the CBD, taking total proceeds from its property sales over the past two years to more than $800 million.
A focus on quality fruit, targeted pricing, and strategic market expansion has helped Flametree Wines establish itself as an award-winning brand among Margaret River's wine producers.
Subiaco-based tech startup Fleetsu is seeking to raise $1 million in venture capital funding to better target multinational customers for its vehicle tracking technology.
An ambitious multi-billion dollar project to export solar power from the Pilbara into Indonesia would be technically viable, according to a pre-feasibility study released by the Pilbara Development Commission today.
Special transport plans are being developed to handle expected crowds at Perth Stadium early next year, which will include an NRL double-header two weeks before the opening round of AFL games, and an Ed Sheeran concert that is now tipped to fill the venue. But the venue will not be able to host week-night AFL games before June 30.
OPINION: The failure of Australia's energy policy has led to the ludicrous situation where Victoria is considering importing gas from the nation's overseas competitors.
Mining services business Ausdrill has launched a $100 million capital raising to bolster its balance sheet, as it anticipates further growth in its African operations, and negotiated an expanded debt facility.
Atlas Iron has swung to a full-year profit as a rebound in iron ore prices helped the junior miner recover from losses following a write-down a year earlier.
The Australian market has opened sharply lower after Wall Street closed little changed but with energy and bank stocks dented as Tropical Storm Harvey crippled the US energy hub in Texas.
Gold has rallied to a 9-1/2-month high, breaching $US1,300 per ounce as the dollar fell and the euro rose after the head of the European Central Bank (ECB) said that the euro zone's economic recovery had taken hold at a meeting of central bankers.
Property prices ‘still too high'Housing Minister Peter Tinley will today outline how lower income earners are continuing to be priced out of the Perth property market d
The Australian dollar has surged against its US counterpart which has fallen further with Federal Reserve chair Janet Yellen's making no mention of monetary policy at or since the Jackson Hole central bankers meeting.
US crude oil futures has fallen as Tropical Storm Harvey has kept hammering the US Gulf Coast, knocking out several refineries, which backed up crude supplies and disrupted fuel production.
Three interconnected waste management businesses in Perth face a sudden change of fortune after Aurigen Group went into voluntary administration, a Thai company bought the Brockwaste plant in Shenton Park, and listed company AnaeCo positioned itself to work on the planned restart of the plant.
The Australian share market has ended the day down, with a rise in global oil prices leading the energy sector higher but unable to offset broad-based losses.
Henderson-based shipbuilder Austal has returned to the black with a profitable 2017 financial year, driven in large part by a turnaround in its US operations.
The state government has named the 43 successful applicants that will share in about $5 million for exploration drilling programs, with over half of those being gold projects.
MMA Offshore has posted a $378 million loss for the 2017 financial year on the back of a huge impairment and the halving of revenue from its oil and gas-focused vessel operations.
SPECIAL REPORT: Property groups are chasing retail opportunities in Perth's CBD with a pipeline of upgrades and developments worth more than $250 million.
