Three Western Australian regions have made it to the top list for construction of new homes.
US-based Tenet Healthcare Corporation has withdrawn its takeover offer for Australian private hospitals operator Healthscope Ltd.
A Labor representative comments that Prime Minister Kevin Rudd will negotiate the “muddy waters” surrounding his proposed super profits tax the same way he handled Australian's response to the global financial crisis.
Internet giant Google has flat out denied claims from Communications Minister Stephen Conroy that its Street View Cars can capture people's personal banking details.
Most of the nation’s farmers have doubts over the progress of agribusiness in the country; losing confidence as commodity prices dropped. Quarterly survey conducted by Rabobank Australia showed that Australian farmers have expressed worries on falling commodity prices.
Western Plains Resources Ltd has announced Monday that it is set to sell nine million tonnes of iron ore over the next five years from its South Australian Peculiar Knob project, with a definite agreement to be inked within months.
Austal is likely to build two more joint high speed vessels (JHSV) for the US Navy after it exercised contract options to fund a long lead-time equipment associated with the construction of two additional 103 metre JHSV.
The New South Wales government plans to have two cuts to payroll tax for next year to urge business expansions and growth in the region.
US Treasury Secretary Timothy Geithner has called on China to allow its currency to appreciate and take its true form, integrating the policy to a much wider economic reform that would free up Beijing from too much dependence on exports and encourage domestic demands for its products.
Private companies are eyeing expansion plans and growth this year as a recent survey revealed most companies hold positive outlooks for the economy. The survey showed that the number of companies planning for development and growth has dramatically increased in mid-term.
Foreign Investment Review Board (FIRB) has approved an investment agreement between Western Australian sandalwood grower TFS Corporation and a US-based institutional investor.
Governor Glenn Stevens of Reserve Bank of Australia is advised to inform a rate rise halt when he speaks later this Wednesday at Castle Hill, in the heart of north-western Sydney's mortgage belt.
Sedgman Ltd announced it has signed a new contract worth $80 million for the Benga coal handling and preparation plant (CHPP) in Mozambique.
In a recent poll, nine out of 10 working Australians favor the Government's proposal to increase the superannuation guarantee (SG) to 12 per cent.
On Monday, the Australian dollar opened two US cents lower; a reaction when markets expressed worries of a soft jobs report in the US that suggested a slower than expected recovery in the world's largest economy.
Western Plains Resources Ltd will be selling a total of 9 million tonnes of iron ore fines over a period of five years from its Peculiar Knob project in South Australia.
Supply chain and information management solutions provider Brambles Ltd confirmed today that it has lost one of its biggest customers in the United States but asserted that the loss would have no impact on its 2010 accounts.
The Australian Police were tasked to probe Internet giant Google for possibly breaching telecommunications privacy law.
This year, the average tax refund is anticipated to drop by 13 per cent to $2,344 while a recent survey showed that nearly half of tax payers are planning to use their tax refunds to pay off debt.
There have been several calls to the consumer watchdog to pursue an investigation to Coles for putting its products with a “tick symbol” which is similar to the symbol used by the Heart Foundation.
Federal Treasurer Wayne Swan said he is listening to several “legitimate” concerns about the proposed resources super profit tax from the miners.
Australian banks would probably not to be affected by the European debt crisis, said a representative of a bank and life insurance regulation authority, adding that most institutions and organizations have had little exposure to trouble continental lenders.
Ray White, the country’s largest real estate and property group, says that there is still a shortage in properties and housing in Australia. But the group also marked positive sales. Ray White recorded an eight per cent sales increase on May.
Small businesses are still suffering from the economic blow of the global financial crisis, noted one of the largest banks in the country.
The Housing Industry Association (HIA) has affirmed concerns earlier by Western Australia’s Chamber of Commerce and Industry (CCI) that the state government would need to release more land and increase urban density in order to encourage more affordable housing availability.
Qantas has announced today that it will be adding seven supplementary services between Melbourne and Queenstown, New Zealand to support demand over the peak summer periods and to coincide with the upcoming ski season.
High prices of housing will slow down the growth of the country’s next boom since this will push labor shortages, says an economist.
Australians appeared to be taking a fancy on premium European wines amidst its stumbling prices as official statistics showed that imported table wine declined by at least more than a dollar per litre or 13 percent in the year leading to March.
Foxtel has requested the competition regulator to approve its deal that wants its pay-TV's operator services be made available only to Telstra broadband users.
Aluminum vessel designer and manufacturer Austal has signed a $35 million unconditional contract with Guadeloupe-based ferry operator L'Express des Iles.