Contracting firm Transfield Services Ltd (ASX: TSE) said on Monday that it has chalked up some $1.1 billion worth of work in Australia and New Zealand so far in the first quarter of the current financial year, including substantial deals struck with BHP Billiton Ltd, Caltex Australia Ltd and initial site rollout constructions for the National Broadband Network.
The Australian dollar jumped on Friday after surprisingly strong Chinese manufacturing data countered concerns about the global outlook and augured well for demand for Australia's resource exports.
New Zealand insurer Tower Ltd. listed in both the NSX and the Australian Stock Exchanges (TWR: NSX/ASX) has announced that it offers to buy industry rival Fidelity Life Assurance Co. for about $118 million.
The Australian currency held firm on Friday, buoyed by surprisingly strong Chinese manufacturing data and intense speculation the Reserve Bank of Australia will lift interest rates next week.
The Australian stock market closed slightly lower on Friday after investors used an early rise to book profits and sold out of the major banks.
The Sydney Airport will be able to meet its debt obligations due in 2011 and 2012 as its issued bonds recently fetched US$ $965 million.
Rains may have exceeded forecast earlier set by Australia’s climatologist but the Bureau of Meteorology (BOM) said on Friday that the great amount of rain that poured on much of the country would not offset the alarming possibility of severe dry years ahead, which could also affect the country’s short-term agribusiness outlook.
Mineral explorer Conquest Mining Ltd’s (ASX: CQT) complete takeover of North Queensland Metals Ltd (ASX: NQM) assumes a full-swing mode as Conquest chair Jake Klein took the helm on Friday as new chairman of the target company.
Amidst earlier projections made by Access Economics that resource prices would slide down by 2013 and 2014, a senior resources experts said that while iron ore price may see some softening over the next four years coal prices would still flex some muscles due to continuous high demand.
A survey of Macquarie Equities Research shows hiring and recruitment in the financial services industry will boost demand in office space.
The nation’s largest provider of integrated health insurance and health solutions humbly presented a full-year net profit before tax of $380 million, but expected premium increases to stay below the industry average.
Synthetic gas specialist Cougar Energy Ltd (ASX: CXY) said on Friday that it has struck a partnership with China’s Shanghai Limitedless Investment Group Co Ltd for up to three percent of interests in the company’s business operations in China.
The Australian bourse has erased morning gains but is still trading higher on the first day of the new quarter, despite negative offshore leads overnight.
Analysts are predicting that Australia's major lenders will lift rates regardless of the outcome in the Reserve Bank of Australia's policy meeting on October 5.
Trading hours in Western Australia maybe slowly catching up with international standards but the Chamber of Commerce and Industry (CCI) in the state is convinced that the government is stopping short too soon.
The nation's largest telecommunications firm is expected to find ways to motivate employees following its announcement of slashing 6,000 of its more than 43 thousand jobs.
Activity in the Australian manufacturing sector contracted in September due to the strong local dollar, increased raw material costs and weaker demand, a survey showed.
Three major wineries entered the fray in a growing initiative to thwart the planned establishment of a coal mine near the Margaret River in Western Australia.
Government steps in to protect consumers against unscrupulous retailers, while store hours are stretched.
Uranium explorer Cameco Corporation has admitted on Friday that the decision by the Northern Territory government to block its mining project near Alice Springs caught the company off-guard as it lamented that the initiative would carry industry-wide repercussions.
Testing of a dengue control experiment will be conducted first in Cairns this January. The experiment comes as the only solution to the rising cases of dengue infection in Australia's favorite tropical holiday destination in far north Queensland.
Spiral Foods Proprietary Limited is pulled to the court room for distributing soy milk products that allegedly caused people to suffer from thyroid problems.
Victorian Treasurer John Lenders will be using a $10.4 million package to spur flood recovery efforts.
On the Sydney Futures Exchange this morning, the share price index futures contract was 11 points higher at 4611 points.
The Australian currency retreated on Thursday after disappointing domestic building approvals data gave investors an excuse to sell into some of its recent hefty gains.
BHP Billiton Ltd. (ASX: BHP) and Rio Tinto Group (ASX: RIO) has sought a little more time from the competition regulator in order for them to submit another set of documents to make their proposal more viable.
The Australian stockmarket fell to its lowest in three weeks on Thursday after weak building data encouraged steep end of month profit-taking, particularly in bank shares.
An Adelaide mall in South Australia is set to commence extended weeknights trading on Tuesday next week as a city shop union workers called on retailers to only employ staff who wilfully volunteered to work additional hours.
The Reserve Bank of Australia should lift rates if local mining investment boom continues to be Australia's main economic driver, the International Monetary Fund (IMF) has said in a report published Thursday.
There are more job vacancies in the three months to August, according to figures from the Australian Bureau of Statistics (ABS) published today.
