In a crushing blow to job seekers, the central bank has warned that it does not expect a sustained fall in the unemployment rate for another two years.
The state government's Mining Rehabilitation Fund initiative has met with almost unanimous industry uptake, Mines and Petroleum Minister Bill Marmion said today.
Interest rates aren't likely to be moving for the foreseeable future as the Reserve Bank waits to see how the Australian economy copes with its current challenges.
News Corporation's Australian titles have suffered an 18 per cent fall in revenue, but chief executive Robert Thomson believes conditions in the advertising market will improve.
Small businesses will lose more than $2 billion over three years because of welfare changes that will force people to apply for 40 jobs a month, Labor says.
South African engineering firm DRA has partnered with Perth mine planning consultancy Orelogy, one week after buying collapsed Forge Group's North American asset, Taggart Global.
US stocks have finished lower as advances by jihadists in Iraq trumped encouraging labour-market data and spurred talk of possible military action by the US.
Broadcaster James Lush has relaunched his business with a new studio, a new brand and a new CEO in the form of Paul Plowman, a former state government communications director and recent Australian CEO of Hill & Knowlton.
Education Minister Peter Collier has embarked on a bold strategy aimed at reallocating his $4.6 billion budget among the state's 700 secondary and primary schools. It is a move fraught with political risk.
Rio Tinto has more than doubled its half-year net profit to $4.76 billion ($US4.4 billion), but the world's second largest miner was below consensus analyst expectations.
New warnings have emerged electricity prices could rise if Western Australia adopts an east-coast style energy market, according to a report commissioned by a private operator.
Commercial property holder BWP Trust has announced a 22.4 per cent increase in distributable profit to $92.8 million in its full-year results report today.
Oil and gas technology company Coretrack has secured ownership of a high-tech drilling rig after a legal battle with intellectual property licensor Strange Investments.
Professional men in Australia are more than twice as likely as women to see their gender as an advantage in the professional workplace, a survey suggests.
Dampier to Bunbury gas pipeline owner DBP Transmission has completed negotiations with a majority of customers that use its pipeline, in a move it says will reduce its long term risk profile.
India's central bank governor, renowned for forecasting the 2008 financial meltdown, has warned that the world economy faces risk of another market crash as asset prices surge.
A possible move by Coles and Woolworths into the home loan market could benefit consumers by forcing the big banks to offer cheaper products, a former Australian Competition and Consumer Commission (ACCC) chief says.
Oil prices in New York have fallen again on worries about lower demand, even after an inventory report showed a surprising drop in US gasoline supplies.
Gold prices have risen to their highest level in nearly two weeks, as worries grew over economic weakness in the euro zone and tensions between Russia and the West.
