Latest Headlines

The Australian dollar is more than one US cent lower after speculation the US Federal Reserve could wind back its stimulus program earlier than expected caused a slide in global share markets.

Internet and communication technology group UXC Connect has won a $4.1 million contract to provide IP surveillance and security solutions for a major West Australian liquefied natural gas project.

Burswood is the best spot for the new $1 billion football stadium, according to West Coast Eagles coach John Worsfold.

More than $36 billion has been wiped from the value of Australian shares in the market's largest one-day decline in nine months.

Mining contractor MACA has strengthened its balance sheet through a $56 million share placement priced at $2.50 per share, which is slightly below recent highs but above the price at which it had b

Mermaid Marine has booked an 18 per cent jump in interim net profit, on the back of strong demand for the company's vessel, supply base and slipway services from ofshore oil & gas projects in t

Neptune Marine has won a $6 million contract with Eni at the Blacktip gas field, 110 kilometres off the north coast in the Timor Sea.

The issue of electricity prices has finally emerged in the state campaign after weeks of both major parties obsessing over major infrastructure projects.

Contractor NRW Holdings has reported a solid increase in half-year profit but signalled a slowdown in its business, particularly its contract mining division, in the second half of the year.

Mark McGowan has done another flip flop on Perth's waterfront development, the incumbent Liberals say, suddenly backing a new plan and calling for the immediate closure of Riverside Drive.

Wealth manager AMP has posted another year of profit growth as the consolidation of its $4 billion purchase of AXA Asia Pacific coincides with improving financial markets.

The nation's second largest internet service provider, iiNet, has reported a 122 per cent jump in net profit for the six months to December 31, on the back of increased earnings from its acquisitio

The federal opposition says earnings on retirement savings are lower than they should be because of Labor government red tape.

Share market operator ASX's first half profit has fallen by 2.5 per cent due to lower investor activity in the first three months of the 2012/13 financial year.

Telstra is axing 648 jobs from its troubled Sensis division, which runs Yellow Pages, White Pages and Trading Post.

Alumina's full year net losses have blown out and the troubled aluminium producer is bracing itself for more uncertainty ahead.

Embattled media group Fairfax says gloomy conditions in the advertising market are still dragging on its revenues.

Qantas has nearly tripled its first half profit as it begins to realise the benefits of recent tough decisions, its chief executive says.

US stocks have piled up losses after Federal Reserve minutes showed divisions over asset purchases, with some officials suggesting to wind them down before the jobs market picks up.

Listed Perth company AnaeCo has announced plans for a $21.4 million rights issue pitched at lesss than half its current share price, as it seeks to complete its first waste treatment plant in Shent

The City of Perth has approved a 10-storey extension to a West Perth hotel.

The Pilbara housing market and the South West unit market were two of the strongest regional property sectors over the past year, a report released today has found.

The Australian dollar is stronger against the greenback after statements from New Zealand's central bank led currency traders to move their money across the Tasman.

Mining on the moon may move from science fiction to reality faster than most people think and Australia can play its part, a lawyer says.

The $440 million Elizabeth Quay development has become a hot election issue as the riverside development causes major traffic congestion in the city.

The Australian market has closed at a fresh four-year high as gains by financial stocks offset falls by the big miners.

Foreign ownership of Western Australia's agriculture assets will be closely watched if the opposition wins the March 9 election.

Leighton Holdings is set to sell part of its $885 million phone and internet infrastructure assets to a Canadian pension fund.

Engineering and construction group Ausenco has forecast further growth in 2013 after reporting a full year net profit of $41.4 million, a 57 per cent jump on the previous year.

Company collapses hit a record high in 2012, with the construction industry bearing the brunt.

Atlas Iron will book a non-cash impairment of $258 million following a review of some of its exploration projects, but says its development plans are unchanged.