Latest Headlines

Oil and gas company Citation Resources has launched proceedings in the Federal Court against its former chairman Peter Landau after an investigation revealed issues concerning $2 million worth of transactions.

Limp growth in an economy that generates minimal wage increases is hardly the election campaign banter the Turnbull government is trying to spruik, but new figures suggest just that.

Embattled Perth Lord Mayor Lisa Scaffidi denies a no-confidence motion against her deputy was payback after he asked her to step aside for not disclosing travel gifts.

The state's high labour costs and lack of available farmworkers will make it difficult to compete globally in agribusiness, potato grower Tony Galati told today's Business News Success & Leadership breakfast.

A $9.05 billion foreign takeover of rail and ports giant Asciano will be delayed because of the federal election.

The Australian share market is lower, hurt by banking and retail stocks after Wall Street fell on fears about the prospect of the Federal Reserve lifting its interest rate.

Wall Street sold off as chances of an interest rate hike later this year rose after data pointed to firming inflation.

Gorgon restarts plant, LNG cargo set to sail

Gold prices have risen, reversing earlier losses after a weaker US dollar and falling stock markets spurred safe-haven buying of the precious metal.

The Australian dollar has slumped against the greenback, which soared as expectations of a US rate hike rose.

The Australian share market has closed higher, led by resources stocks after a rally in commodities prices.

An independent panel formed to review the environmental watchdog's policies and guidelines development has recommended its policy framework be updated and simplified.

The Reserve Bank of Australia's finely balanced decision to cut rates this month makes the next cut more likely to be in August.

A newly-established trust managed by Charter Hall has purchased four properties leased by Perth-based Automotive Holdings Group in a deal worth $82 million.

The federal government has deferred introduction of the so-called backpacker tax in a bid to rid the issue as an election irritant in rural and regional seats.

The return of gold mining as Western Australia's fastest-growing industry is becoming more interesting, with a near-record price for the metal in Australian dollars triggering increased exploration and a pair of possible mine developments in the Wheatbelt.

Queensland Nickel's administrators say they will fight a $1.2 billion lawsuit from Clive Palmer, if he actually proceeds with it.

Listed companies have made up a strong contingent of this fortnight's hottest startups and tech companies, with the top five spots all taken by ASX-listed or soon-to-be listed companies.

Local oil explorer Pura Vida Energy has slashed director salaries and accepted the resignation of chairman Jeff Dowling as it seeks to further cut costs to preserve cash holdings.

Leederville-based syndicator Scope Property Group has added The Local Hotel in South Fremantle to its portfolio, buying the freehold of the historic watering hole in a deal worth $2.5 million.

ANZ Banking Group is cutting 200 jobs, blaming tough economic conditions and low lending growth.

The Australian share market has opened higher.

Wall Street has opened slightly higher, following a bruising week, helped by Apple and a surge in oil prices.

Spot gold prices have turned slightly negative, reversing gains of 1.0 per cent on pressure from strong crude futures and US equity markets.

The Australian dollar has edged lower despite a rally in global oil prices.At 0700 AEST on Tuesday, the local unit was trading at 72.89 US cents, down from 72.95 cents on Monday.

Double hit for Shorten on penalties

The Australian share market has closed higher thanks to a strong performance on Asian equity markets.

Live export markets are likely to remain under pressure, but agribusiness Elders still expects its annual financial results to improve.

Online screening and verification company CVCheck has entered the international market through the purchase of New Zealand company Resume Check in a deal worth nearly $2 million.

Businesses need to build an environment that enables work teams to balance integration with differentiation.

Employment prospects for geoscientists in Australia have hit fresh lows, with new figures revealing nearly one in five is out of work.

The High Court has dealt a major blow to the state government after ruling invalid legislation that would have propelled it to the top of the creditors' list for the $1.75 billion carve-up of the failed Bell Group.