Latest Headlines

TPG Telecom is raising $300 million through a placement of shares to local and overseas institutions to repay debt accrued during its acquisition of Perth-based rival iiNet.

Macmahon Holdings has won a contract at Newcrest Mining's Telfer gold project in the Pilbara, which is expected to bring in $62 million in annual revenue.

Mount Gibson Iron has lifted its sales targets for fiscal 2016, saying it can navigate through uncertain market conditions.

Fortescue Metals Group chairman Andrew Forrest has strongly criticised the strategies of the state's other major iron ore miners at the company's annual general meeting today, although the board experienced a close shave on its remuneration report.

The Australian share market is slightly higher, with its gains being reined in by falls in Westpac and BHP Billiton shares.

WA to build navy patrol boats

The US dollar index has touched its highest since April on growing expectations the Federal Reserve will raise interest rates next month, while US stocks ended up after a late-session bounce.

The Australian dollar is lower as the US dollar extends the rally sparked by expectations of an interest rate rise in December.

Gold has fallen toward a three-month low as the US dollar hits a seven-month peak on prospects the US Federal Reserve will raise interest rates in December, while silver and platinum extend losses to multi-week troughs.

Goldfields fuel supplier Eagle Petroleum has started legal action against mining company BNM Australia Group over unpaid debts.

Gold miner Beadell Resources has come under new leadership, with the company appointing former Red Back Mining executive Simon Jackson as managing director and chief executive.

International communications agency King Content has opened an office in Perth, to meet what it says is an underserved market and client-driven demand.

Mining services group Bradken has flagged more cost cutting as the mining downturn drags on for years.

Shares in recently listed companies Norwood Systems and ResApp Health have surged in recent weeks as investors warm to the wave of tech companies completing reverse takeovers.

Marine services company MMA Offshore has won a $50 million contract to provide services to Woodside Petroleum, but says low oil prices are placing significant pressure on market demand, with conditions unlikely to improve during the financial year.

Positive Australian consumer data and better than expected housing figures have failed to stop the local share market from closing sharply lower.

Attitude is one of the most important factors in determining your, and your sales team's success, or otherwise.

NRW Holdings has accepted a payment of $30 million to settle its dispute with Samsung C&T over work on the Roy Hill iron ore project, despite having been awarded $35 million through adjudications under the Construction Contracts Act.

Construction giant CIMIC Group has launched a takeover bid for east coast residential developer Devine.

Doray Minerals has finalised a $51 million contract with GR Engineering Services for work at its Deflector gold project in the Murchison region, which is now fully funded and on-track for production by mid-2016.

The contest for Asciano looks set to heat up after a QUBE Holdings-led consortium sought to trump Brookfield Infrastructure with a $9.02 billion takeover proposal for the ports and rail operator.

The Australian share market has opened lower following a weak lead from overseas markets.

Test against England likely to open new sports stadium

US stocks have sunk about one per cent as poor Chinese trade data and another fall in crude oil prices hit the market.

The Australian dollar is slightly weaker staying in a fairly tight range, as the US dollar's post-jobs report rally loses steam.

Oil prices have fallen for the fourth straight session as traders weighed lowered OECD global growth forecasts and weak Chinese crude imports against abundant supplies.

It was intriguing to learn of an unusual trading relationship, which goes a long way back.

Local microfinance organisation Bamboo Micro Credit has been growing its interest-free loan charity to help Indonesians pull themselves out of poverty.

The price of gold has edged modestly higher, snapping an eight-day losing streak as the US dollar retreated, but still hovered near its lowest in three months after robust US jobs data boosted expectations of a US rate hike in December.

The apartment sector may be going through its own cyclical high, but developers are banking on a long-term growth story.

Captain Travis Head's breakthrough century has helped South Australia to a tense one-wicket triumph against Western Australia in their Sheffield Shield game.

Wellard managing director Mauro Balzarini is planning to sell a 60 per cent stake in the livestock export business through an initial public offering (IPO) that will be one of Western Australia's largest.