Engineering and construction contractor Decmil Group has posted a 4.9 per cent fall in first-half profit to $24.3 million as a result of lower construction margins in the tough market.
Treasurer Joe Hockey has warned that while Australia's economic fundamentals are strong, it would be irresponsible to assume that performance will last forever.
Shares in Subiaco-based internet service provider iiNet fell by 11 per cent after it reported a flat interim profit and said competition had become more aggressive in the fight for broadband customers.
Diversified conglomerate Wesfarmers is upbeat on the outlook for its businesses after its flagship division, Coles, lifted its first-half earnings more than 7 per cent.
US stocks have recovered from early losses to finish little-changed as Federal Reserve meeting minutes suggested it would wait longer before raising interest rates.
Gold has reversed losses after minutes from the Federal Reserve's last meeting show some central bank officials were worried about raising rates too soon.
Shares in Nomad Building Solutions were up 26 per cent today, after the company announced it would acquire privately-owned Bloomer Constructions Qld for up to $10.4 million, which offset news of an expected loss in its McGrath Homes business.
Sirius Resources managing director Mark Bennett said today the company could be a gold miner before it becomes a nickel producer, following positive drilling results at its Baloo deposit.
Medical groups have purchased three commercial lots at Pindan Capital's North One development in Subiaco, with six of the 17 premises at the mixed-use project sold just weeks after construction was completed.
Carnegie Wave Energy has switched on its innovative CETO power plant, which will provide renewable electricity to the HMAS Stirling naval base on Garden Island.
Gold and nickel producer Independence Group has posted a 264 per cent increase in profit for the six months to December, on the back of increased production from its Jaguar and Tropicana operations and at lower costs.
Northern Minerals has attracted a Chinese-based funding partner to provide up to $49.5 million for its flagship Browns Range heavy rare earths project near Halls Creek.
Kerry Stokes' Seven West Media has suffered a near $1 billion half-year loss after being forced to write down the value of its TV and newspaper businesses; underlying net profit, however, was only 8 per cent lower at $137.6 million.
Apartments developer Finbar Group is expecting a stronger second half of FY2015, after lodging a net profit of $11 million in the first six months of the financial year; but it does not expect to c
The Australian dollar has hit a one-week high, helped by optimism about the European economy and that a deal will be reached to keep Greece in the eurozone.
