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The Australian Greens are crying foul over reports Labor may not preference them at the re-run of the Western Australian Senate election.

The sharemarket has closed steady, as gains from better than expected retail spending and trade balance data offset falls posted in early trade.

Troubled surfwear retailer Billabong faces a potential class action from investors hurt by the dramatic decline in the fortunes of the company.

Rox Resources shares have soared after the exploration company confirmed the discovery of significant nickel resources.

Western Australia's mineral and petroleum sector grew 15 per cent in value last year, after a weaker Australian dollar and greater sales helped counteract falls in some commodity prices.

Figures released by the Australian Bureau of Statistics show retail spending rose 1.2 per cent in January, three times the 0.4 per cent rise economists had expected.

Western Australian sandalwood producer TFS Corporation, through its US joint venture entity Santalis Pharmaceuticals, is about to ship 100 kilograms of oil to an unidentified global pharmaceutical company - at $US4,500 per kilogram.

The Australian market has opened weaker due to falls by the mining giants and a soft lead from Wall Street.

The federal government insists it is working to stop global companies avoiding tax.

A disappointing production forecast from oil giant ExxonMobil has pushed the Dow into negative territory on an otherwise flat day for US stocks.

The government's inaction on securing Australia's long-term fuel supplies is baffling … and negligent.

Gold has gained for the second time in three days as weaker US economic growth and Russia-Ukraine tension underpin demand for haven assets.

The Australian dollar is firmer on positive local economic growth figures and renewed global risk appetite as troubles in the Ukraine appear to de-escalate.

South Hedland's first four-star hotel is due to open by the end of this year, after a Melbourne based developer said it will build most of the hotel off site to save time.

Warren Buffett has a rule of thumb comparing total equity values to GDP – and says the US market is becoming overheated.

The Australian share market has closed higher, hitting a five-and-a-half year peak.

Wars produce winners as well as losers, and while Russia's invasion of Ukraine is not classified as a hot war, yet, there are signs emerging that one of the winners will be a long way from the action – Australia.

Copper and gold miner Altona Mining has increased its revenue, production and gross profit for the financial half year ended December 31 2013.

Gold and nickel producer Independence Group has appointed former PMI Gold executive Peter Bradford as managing director and chief executive officer.

GDP rose by a better than expected 0.8 per cent in the December quarter, taking economic growth to 2.8 per cent for 2013.

The Aboriginal educator is chasing significant growth buoyed by a boost in federal government funding.

It's no small decision to walk away from the security of an established career to head-up a new business venture – particularly when the business in question is one of the first of its kind in a new sector.

Perth is well placed to become an IT hub, but the people involved in the start-up community may need to collaborate to make it happen.

The Australian market has rallied strongly after Russian president Vladimir Putin announced he had no plans to invade Ukraine.

Engineering firm Downer EDI has won a $70 million contract to perform structural, mechanical, piping and electrical work at the Technical Ammonium Nitrate Plant project on the Burrup Peninsula in Western Australia.

US stocks have soared and investors pushed the S&P 500 to its second record close in three days on signs of easing tensions over Ukraine.

The Australian dollar is firmer as global risk appetite grows on the back of hope tension between the Ukraine and Russia is easing.

Gold prices have dropped, as easing fears over the situation in Ukraine drain trader interest in haven assets in favour of riskier bets such as stocks.

If your clients and prospective clients don't ‘like' you, they're never going to buy from you.

RCR Tomlinson's strong share price has delivered a further windfall for managing director Paul Dalgleish, who has exercised another batch of options at just 39 cents per share.

Is $1,500 per day plus all reasonable expenses a good rate of pay for the top executive at a junior mining company in the midst of a cost-cutting drive? Read Business News' latest quarterly salary survey to learn more.

FairStar Resources has cancelled its $260 million joint venture which would have provided 80 per cent of the required funding for its Steeple Hill iron ore mine in the eastern Goldfields, while at the same time announcing an alternative deal that will pay for the project's rail infrastructure.