Cardinal Resources has completed its bid for $900,000 of capital from sophisticated and professional investors, with additional rights issue shares yet to become available to eligible shareholders.
Wesfarmers-owned Coles has received approval from the Australian Competition and Consumer Commission for its proposed acquisition of three Metcash-owned Progressive Supa IGA supermarkets, but is yet to make a decision on the fourth.
Almost half of Australia's mid-sized companies could be at risk of failing within five years without innovation, a survey of company finance chiefs shows.
The Australian stock market is higher after the US Federal Reserve pledge to keep interest rates at close to zero until 2015 boosted investor sentiment.
The Australian dollar has dropped more than one US cent overnight to a fresh six-month low after the US Federal Reserve signalled more interest rate hikes next year.
Monitoring the stock of property for sale is an important health check on the market and, coupled with activity, gives us a sense whether it is a buyer's or seller's market.
Oil prices have dipped following mixed US crude-inventory data and reports suggesting an OPEC production cut is unlikely when the organisation meets in November.
The Uniting Church has abandoned plans to create a 22-storey office tower at its St Georges Terrace site, lodging a development application with the City of Perth to build an $88 million apartment
The Australian share market has closed lower for the sixth consecutive session as gains among the major miners failed to offset falls by the big four banks.
BHP Billiton won't confirm reports jobs have been axed at its Nelson Point operations in Port Hedland, but says some staff in the Pilbara town will be made redundant in coming months.
Apartment developer Finbar Group has responded to scathing criticisms from the Labor opposition of the state government's investment in its Pelago project in Karratha, saying comments from oppositi
The Western Australian government is poised to announce more cost-cutting measures as lower iron ore prices threaten to punch a big hole in the state's bottom line.
Neon Energy chairman Alan Stein has warned the company's shareholders against taking any action towards a takeover bid it received earlier in the month.
AngloGold Ashanti's plans to raise $2.3 billion and create a London-listed entity to separate its international and South African assets have fallen through after its shareholders knocked back the proposal, leaving the gold miner with a high debt burden.
After five straight sessions finishing lower, the Australian share market has opened higher on reports of a new Chinese stimulus plan and a rise in commodity prices.
Wall Street stocks have posted solid gains following reports of a new Chinese stimulus plan as investors awaited Wednesday's US Federal Reserve monetary policy announcement.
Colliers International has sold more than $50 million in retail property to date in 2014, with Northbridge's Tyne Square the latest asset to change hands in a deal brokered by the commercial agency.
King River Copper has announced it would seek to raise $900,000 for further exploration of its Kimberley tenements, with phase two of its drilling expected to recommence next week.
Property services firm JLL has been appointed to manage the state government's commercial portfolio, while at the same time extending its contract to look after the federal government's Indian Ocea
