Caltex Australia insists its decision to close its Sydney oil refinery and turn it into an import terminal at a total cost of $680 million is necessary to secure the company's future.
Australia's oldest family-run business Lionel Samson Sadleirs Group along with MG Kailis Group and footwear retailer Betts Group have been made the inaugural inductees into Family Business Australi
ASX-listed mineral explorer Black Mountain Resources has made a push to increase investor exposure by commencing trade on the London-based Alternative Investment Market.
The West Australian premier's call for GST distribution reform is very reasonable but any change needs to benefit the whole nation, opposition treasury spokesman Joe Hockey says.
Prime Minister Julia Gillard has taken aim at Liberal state premiers over their refusal to sign up to plans for a national disability insurance scheme.
US stocks have closed mixed as investors digested strong earnings reports from Dow members Boeing and Caterpillar and disappointing results from Apple.
Australia's smaller resources companies will have greater flexibility when it comes to raising capital to develop their projects under proposed ASX listing rule changes.
The Australian sharemarket has closed slightly lower as fears that Spain may be headed for a financial bailout overshadowed lower-than-expected inflation figures in Australia.
The patience of Oz Minerals shareholders continues to be tested, with the company revealing a sharp quarterly jump in production costs and development of its new copper-gold project.
John Holland has awarded global engineering and construction services firm KBR a design services contract as part of its $120 milion upgrade of road and rail access to the Port of Esperance.
The state government has announced it is expanding its office consolidation plan to the regions, with Mandurah, Busselton and Northam the first locales outside the metropolitan area to be included
Prominent businessman Geoffrey Cousins is no more important than anyone else on the anti-Browse gas hub bandwagon, Resources Minister Norman Moore says.
Predator DuluxGroup has criticised Alesco Corporation's latest financial performance, but says it is willing to work with the takeover target to garner support for its $210 million bid.
Truck drivers are rallying outside Coles stores across the country calling for the retailer to be held to account for pressuring truckies and causing accidents.
The effective ban on coal mining in the Margaret River region adds to uncertainty weighing on the industry and will push companies elsewhere, the body representing small miners says.
Premier Colin Barnett has proposed the bulk of GST revenue should be distributed on a per capita basis, with the remainder distributed to the states based on need.
Redundant workers from ailing sectors such as manufacturing are being targeted for work in the resources sector, Minister for Employment Participation Kate Ellis says.
US stocks fell sharply Tuesday on growing concerns about Europe's sovereign debt crisis, soft corporate earnings at home and a weak manufacturing report.
