The Reserve Bank of Australia says a softer-than-expected inflation outlook allowed it to cut the cash rate to a record low, as it tries to boost underperforming sectors or the economy.
Perth could miss out on a wave of investment in non-residential property, according to a national survey released by the Australian Property Institute today.
Drilling services company Boart Longyear has released its third earnings downgrade in nine months, saying demand for its services has continued to weaken because mining companies are scaling back o
Almost $141 million has been wiped from the value of diversified contractor Transfield Services as cost cutting in the mining sector hit its earnings outlook.
Look carefully through the gloom of a sputtering local economy, mine closures, ballooning state debt and rising unemployment and you might catch a glimpse of the first signs of next year's recovery
Perth IT company Ajilon has proven itself as a reliable provider to the justice and law enforcement arena as the Western Australian department of the Attorney General awards it a successive five ye
Share ownership among adult Australians declined from 43 per cent to 38 per cent during the past two years, a 2012 Australian Securities Exchange study shows.
The volume of drilling activity in the global gold industry has fallen by 55 per cent in the past 12 months, new data from research group IntierraRMG has found.
Embattled lithium producer Galaxy Resources has announced a deeply discounted $47 million rights issue to give the company a much needed cash injection.
Shares in Santos closed 1.6 per cent higher after the company said oil production started ahead of schedule at its $490 million Fletcher Finucane project off the West Australian coast.
Construction giant Leighton Holdings says it's not concerned about the recent woes of mining services companies due to its diverse business interests and cyclical nature of the industry.
Geraldton-based earthmoving and mining contractor Central Earthmoving has expanded its operational capacity through the take-over of a local mulching company and the acquisition of new machinery.
Iron Ore Holdings' proposal for an innovative port development south-west of Dampier has received conditional approval from the Environmental Protection Authority.
Viento Group's new contracting business, established with a group of former NRW Holdings executives, has won its first major contract at Fortescue Metals Group's Solomon project.
Biofuels producer Aurora Algae's proposal for a new commercial algae farm near Karratha has been conditionally approved by the Environmental Protection Authority (EPA).
