Latest Headlines

Embattled drilling company Boart Longyear's shares have plunged to four-year lows after it issued a second profit downgrade in two months.

The Australian share market has opened more than half a per cent lower.

Prime Minister Kevin Rudd says the core task of his new frontbench will be to keep the Australian economy strong.

The future of the stalled multi-billion dollar Browse gas project will be discussed when the joint venture partners meet for talks on Monday.

US stocks closed mostly lower on Friday after a three-day rally, with shares of BlackBerry hammered as the struggling phone maker reported a surprise quarterly loss.

The Australian dollar has fallen close to 91 US cents after a member of the US Federal Reserve board of governors suggested American stimulus measures could be eased from September.

Scandals in state Labor parties have compounded the failings of the Rudd-Gillard government(s).

Annual growth in China could be as low as 6 per cent as Australia's largest export market focuses on internal issues such as environmental standards and air pollution, Premier Colin Barnett said to

Premier Colin Barnett says he will be happy to sit down with Prime Minister Kevin Rudd to thrash out a school funding deal.

A controversial crackdown on employer abuse of a skilled foreign worker visa program has passed parliament on the final sitting day before the election.

Oil and gas explorer African Petroleum has announced plans to list its shares on the Australian Securities Exchange.

Australian shares fell flat on the last day of trade in the financial year as cautious investors sold mining and insurance stocks.

Clive Palmer got more than he bargained for when he decided to enter the political arena.

Developer and investments manager Aspen Group has acquired a caravan park in Dubbo, New South Wales, for $10.7 million.

Mutiny Gold says it is deep in negotiations with a local iron ore producer to commercialise iron ore deposits at its Gullewa project in the Murchison.

Administrators for collapsed miner Kagara have sold off the company's remaining Queensland assets in two deals worth more than $71 million.

Charter Hall has bought a shopping centre in Perth's southern suburbs for $33.2 million.

Perth builder Gavin Construction has officially ceased trading, capping off a horror month that has seen six significant Western Australian businesses in contracting, engineering and mining fall into administration or receivership.

Gold producer Resolute Mining is the latest miner to feel the crunch of the falling gold price, deferring $US113 million of spending at its Syama gold mine in west Africa and reviewing its operatio

Labor's treasury spokesman Ben Wyatt has ruled out seeking pre-selection for the seat of Perth following the resignation of Stephen Smith.

Community opposition to coal seam gas projects in NSW has forced mining giant Santos to trim its operations, environmentalists and local activists say.

Kerry Stokes' Seven Group Holdings says WesTrac will slash 350 jobs as difficult conditions in the resources sector take their toll on the mining equipment distributor.

Great artists of the 20th and 21st centuries feature in the third exhibition to come from New York's Museum of Modern Art.

North Cottesloe Surf Life Saving Club has moved into its expanded building on Marine Parade, which is designed to accommodate its growing membership.

The state's upper house has passed a bill to keep a tax on the transfer of businesses after a marathon near 24-hour sitting session.

From what was essentially vacant land to an emerging town centre – developers like Australand and Georgi are capitalising on strategic southern location Cockburn Central.

The corner pub that pioneered craft brewing is no longer making its own, but it is still the place for a fancy frothy.

Prime Minister Kevin Rudd is preparing to announce a key election policy ahead of the naming of his new ministry, after half a dozen key ministers, including Treasurer Wayne Swan, resigned on Wedne

Australia's share market has opened marginally higher as upbeat American employment and home sales data adds a small bounce.

As Australia approaches an unprecedented 22 years of economic expansion, a former Treasury boss has credited the nation's "extraordinary dynamism" for the milestone.

MPs, judges, magistrates and senior public servants have been granted a 2.6 per cent pay rise, roughly in line with inflation, as more than 1,000 government staff face redundancies.