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US stock markets got a good bump on Friday from Federal Reserve Chairman Ben Bernanke's much-awaited endorsement of more stimulus action, but still ended lower on a week of lacklustre end-of-summer

Falling iron ore prices helped push the Australian dollar to its lowest level in five weeks, amid concerns about the outlook for commodity prices.

Regional airline Skywest says it is confident of further growth despite notching a fall in net profit for the year ended June 30.

Profit season 2012 was a bit like many State of Origin rugby league matches - tough, bruising and a couple of big hits - but not as bloody as predicted in the pre-game hype.

The Thai state-owned company responsible for the Montara oil spill off the coast of Western Australia three years ago has been fined $510,000 for its actions in relation to the disas

Canadian mining giant Barrick Gold has been fined $127,000 by the corporate regulator for failing to lodge required documents.

The Australian shares closed flat, with investors sidelined ahead of a global meeting of central bankers in the US over the weekend.

Neptune Marine has lodged a net loss of $39.9 million for the year ended June 30, after taking a goodwill impairment to the tune of $35 million following a review of the performance of its individu

Federal Housing and Homelessness Minister Brendan O'Connor has ruled out changes to negative gearing for property owners in the face of a housing affordability crisis.

Iron ore miner Grange Resources has become the latest miner to report it will be unaffected by the federal government's mineral resource rent tax, after reporting a solid net profit for the half ye

Carbon offset company Carbon Conscious says the loss of its biggest contract with Origin Energy and the government's scrapping of the carbon floor price will not be a huge blow to its finances this

The mining sector may have lost some of its sparkle, but Australia's economy is still the envy of the developed world.

West African Resources has completed a $4.4 million share placement to fund exploratory drilling at its Sartenga gold deposit in Burkina Faso.

A write-down in value of two major projects and a deluge of wet weather during harvest season has hit almond producers Select Harvests' bottom line, with the company posting a full-year loss

Embattled developer and funds manager Aspen Group has painted a gloomy outlook for its residential and commercial property syndicates, after launching a strategic review in the wake of a near-$100

Finance Minister Penny Wong has painted a rosy picture of Australia's economy during a visit to the US, as the Labor government awaits a crucial domestic growth report.

Takeover target and energy infrastructure investor Hastings Diversified Utilities Fund (HDF) says domestic demand for gas has softened, but long-term demand prospects are good.

The Reserve Bank of Australia is expected to keep interest rates on hold when its board meets on Tuesday.

Beleaguered consumer goods retailer Harvey Norman hopes to claw back market share, as tough trading conditions are expected to force many of its competitors to close.

Australian stocks have opened firmer amid broad-based gains as local market players looked past a poor night on Wall Street.

Former prime minister Kevin Rudd believes federal Opposition Leader Tony Abbott "doesn't get" Africa but says his deputy, Julie Bishop, does.

US stocks tumbled on Thursday ahead of a much-anticipated speech by Federal Reserve Chairman Ben Bernanke on Friday and as European woes renewed global growth worries.

Uranium miner Paladin Energy says it is looking forward to a year free of construction and commissioning activities after lodging a net loss of $US172.8 million for the 12 months to June 30.

The Australian dollar has fallen to its lowest level in more than a month after official figures showed investment in the mining sector is likely to grow by less than expected this year.

Construction and contracting group VDM says it expects to build on positive momentum built in the second half of the 2012 financial year, after lodging an annual loss of $54.8 million.

It's best known as a mining and resources centre, but Perth has now been named as the capital of the nation's digital boom.

Australia's largest property developer, Stockland, has confirmed it has sold 45 St Georges Terrace for less than what it paid for the building in 2006.

The Australian stockmarket finished almost one per cent lower as resources companies suffered steep losses amid weakness on commodities markets.

Engineering firm Monadelphous Group has won a $75 million construction contract at BHP Billiton's Jimblebar iron ore mine in the Pilbara.

Fabrication and construction company AusGroup says added to a string of contractors reporting strong profit growth on the back of resource sector construction projects.

Telstra Corporation has offloaded responsibility for its problem child TradingPost business to online classifieds operator Carsales.com.

Fortescue Metals Group chairman Andrew Forrest has spent nearly $39 million in two days increasing his shareholding in the mining company he founded, as its shares and iron ore prices plunge.