Western Australia is destined for further skills shortages and a reliance on temporary migrants despite the slowdown of work on major resources projects.
Woodside has outlined plans to develop three floating LNG projects off the Kimberley coast, with each likely to be similar in scale to Shell's $12 billion Prelude development.
The Australian dollar has regained some of its losses following the release of the Reserve Bank of Australia's August minutes, thanks to stronger gold futures on the back of greenback weakness.
Gold futures have hit a two-month high as losses in the US dollar stoked demand for the metal a day ahead of closely watched minutes from the Federal Reserve's latest meeting.
US stocks have closed mostly higher following some solid retail earnings reports.The Dow Jones Industrial Average fell 7.75 (0.05 per cent) to 15,002.99.
Western Australian broadacre farmers only averaged a “fairly miserly” 1.07 per cent return on capital for their 2012 harvests due to variability in grain prices, low rainfall, higher costs and
Global resources giant BHP Billiton's full-year profit has fallen by 29 per cent to $US10.9 billion ($A12.0 billion), as falling commodity prices outweighed efforts to cut costs.
Greens leader Christine Milne has warned the botched approvals process for James Price Point is a sign of things to come under a coalition plan to return environmental decision-making powers to the
It's not easy being an optimist these days, which is why an outbreak of confidence about Australia at investment bank Morgan Stanley is worth analysing – it just could change your plans for the fut
Macmahon Holdings says it is better placed to manage challenging market conditions, despite lodging a net loss of $29.5 million for the 2013 financial year, a result driven down by the sale of the
Oil and gas producer Oil Search says its first half profit is up six per cent, but production had fallen marginally and is likely to remain flat in the next six months.
After 12 years of strong profit growth, engineering and construction contractor Monadelphous Group has implemented a wide-ranging cost reduction and restructuring program and foreshadowed plans to
Premier Colin Barnett's push to keep the Browse gas project onshore has suffered another blow, with lead proponent Woodside recommending, as expected, the construction of a floating offshore plant
Australia's largest business lender, National Australia Bank, is on track for a $6 billion full year profit, helped along by improvements in its troubled UK division.
The Australian dollar is lower, dragged down by a fall in commodity prices and the strength of the greenback which was boosted by high US Treasury yields.
The debate around Liberal leader Tony Abbott's paid parental leave scheme is another example of how it often takes someone on the wrong side of the political divide to achieve things.
Gold futures have fallen as jitters ahead of the Federal Open Market Committee's meeting minutes prompt some investors to exercise caution and move to the sidelines.
Transportable housing manufacturer Fleetwood Corporation's net profit has slumped by 78 per cent, a result the company blamed on weak trading conditions in all of its key markets.
