Latest Headlines

Crane hire company Boom Logistics is relying on staff cuts and surplus asset sales to pay down debt amidst challenging market conditions, the company said today.

Penfolds maker Treasury Wine Estates says its performance so far this financial year is on track and ahead of the prior year.

A bid by the Western Australian government to allow a certain amount of genetically modified material in certified organic food has failed.

The state's private electricity providers have warned that an unfavourable result in the Energy Market Review could cause problems for independent operators, ultimately stifling competition and putting pressure on power prices.

This week, Treasurer Joe Hockey and Finance Minister Mathias Cormann said this was the year that the government "commenced the critical task of repairing the budget".

Iron ore explorer Sundance Resources has announced a package of cost-cutting measures, including a reduction to its board and staff, in an effort to reduce expenditure amid current market conditions.

The Emirates Group will be the first airline to bring the Airbus A380 to Perth on a regular schedule.

Telstra has paid a $102,000 penalty for misrepresenting the price of its iPhone 6 plan.

Consumers are becoming more pessimistic heading into Christmas, with weak September quarter economic growth figures not helping their mood.

Crown Resorts has announced the resignation of director Ashok Jacob, who has had a long association with the Packer family.

Developers will be able to get a slice of prime coastal land near the South Fremantle Power Station early next year, after the state government today approved the master plan for the redevelopment

Poseidon Nickel has announced plans to restart its recently bought Lake Johnston project at a cost of $8.3 million.

The high-speed communications network linking federal government departments and agencies could be sold.

The Australian sharemarket has started on the backfoot again after continued weakness in oil prices pushed global stocks lower overnight.

The Reserve Bank believes the Australian dollar is still too high, especially considering recent significant falls in commodity prices.

Woodside Petroleum will spend $US2.75 billion ($A2.98 billion) to buy LNG and oil projects in Australia and Canada.

US stocks have followed European markets lower after another big drop in world oil prices.

The Australian dollar has again threatened to fall below 82 US cents, under pressure from low oil prices and a siege in central Sydney.

Global oil prices have slid to new multi-year lows after a top OPEC official suggested that speculation largely was driving the market lower, indicating the cartel would keep output unchanged.

Gold prices have fallen, as the US dollar firms ahead of a Federal Reserve meeting later in the week.

Nickel miner Panoramic Resources has joined the list of Western Australian companies returning cash to investors through share buy-backs.

The deficit forecast for the federal budget has blown out to $40.4 billion, with a surplus projected for 2019-20 in the mid-year economic and fiscal outlook.

US-based logistics giant Iron Mountain is bemused with Australian data management business Recall Holdings' dismissal of its $2.2 billion takeover offer.

Mineral sands developer Mineral Commodities has become the subject of action in the High Court of South Africa, after a dispute over a garnet deposit at its Tormin operations.

The share market has fallen for a fifth consecutive session amid lower trading volumes due to a siege in Sydney's CBD.

Small iron ore miners operating in a $70/t environment are struggling, but in a different way so are the majors battling to satisfy investor expectations.

Trading on Australia's key financial markets has been hit by the hostage crisis in Martin Place.

The corporate watchdog has cancelled the registrations of more than 400 self managed super fund auditors who failed to pass a competency test.

South Fremantle Senior High School is set to be expanded to cater for around 1,250 students, while Hamilton Senior High School will close, under a $30 million plan announced by the state government today.

Skilled Group has recruited senior Asciano executive Angus McKay as its new managing director.

Newcrest Mining expects to save up to $US2.5 billion by splitting the development plan for a mine in Papua New Guinea into two stages.

Director of sandalwood producer TFS Corporation Patrick O'Connor has resigned from the board today, just weeks after stepping down as chairman as the company continues a refreshing of the board.