The Australian Bureau of Statistics (ABS) has revealed Monday that property prices are still surging upwards as house price index jumped by 4.8 percent in the March quarter and seemingly discounting the expected impact of the successive interest rate hikes.
DSM Biologics, a unit of DSM Pharmaceutical Products, a global provider of manufacturing technology and services to the biopharmaceutical industry, announced finalizing preliminary agreement with the Queensland State Government and the Commonwealth of Australia to design, build and operate the first Australia-based mammalian biopharmaceutical manufacturing facility to be located in Brisbane.
Orica Limited on Monday announced it will split with DuluxGroup businesses after a 75 per cent decrease on its first half net profit.
Air New Zealand and Virgin Blue has announced Monday that they are seeking regulatory approval for a trans-Tasman alliance that will bring the two airlines to share route services but still short of any merger possibility.
After its first taste of rejection by the ACCC, the bank will have to seek another approval on its deal that focuses on the retail investment platforms used frequently by the wealth management industry, and its MLC businesses.
Bad luck has struck upon Rio Tinto as it suffered two big losses during the weekend.
Airport operator MAp Airports Ltd, Sydney Airport’s majority owner, has reported on Friday that 31 percent spikes on its first quarter earnings with $100.71 million amassed in three months leading to end of March, as compared to posted income the same period last year.
Opposition immigration spokesperson Scott Morrison said his population policy will not jeopardize Australia's economy.
Same-store food and liquor sales of Woolworths increased to 2.0 per cent during the third quarter, propelling the retailer to trim down its sales forecast for this year.
Atlas Iron announced on Friday that the government approved its proposed Wodgina iron ore project in Western Australia.
Coffey International Ltd has announced Friday that it is projecting lower revenues in 2009-2010 following declines in monthly incomes since January as delays, slow-downs and cancellations marred the Sydney-based company’s pipeline of projects.
It will be business as usual if Melbourne Storm can fill up all the lost sponsorship within weeks.
East Timor turned down Australian-based Woodside, an oil gas producer to export gas from the Timor Sea that would have become the world's first floating liquefied natural gas (LNG) platforms and could have put the multibillion-dollar Greater Sunrise's LNG partnership in jeopardy.
Darwin lost its chance of hosting a $5 billion gas plant and expanding its Sunrise fields, following announcement by Woodside Petroleum Ltd that its joint venture partnership with ConocoPhillips, Shell and Osaka Gas, have opted to build instead a floating platform in the Timor Sea.
Ford Australia has announced plans to release a series of commemorative models to celebrate the 50th anniversary of the iconic Falcon.
Spiral Foods Pty Ltd., which manufactures Bonsoy soy milk, confirmed on Wednesday that the controversial soy product, which was banned from store shelves last December 24 after it was linked to a series of thyroid problems, will be sold again the market after undergoing reformulation.
An ANZ Banking Group Ltd executive has declared that the worst is pretty much over for the Australian economy as it has survived the downturn almost unscathed, though warning at the same time that the country must stay cautious on the worsening debt crisis in Europe which could restrict local banks’ access to credit facilities.
Workforce service provider Skilled Group announced on Thursday that it expected its overall earnings to be low.
Australian-based Fortescue Metals Group will be subjected to pay millions in compensation to shipping contractor Zodiac Maritime after losing a court trial in the United Kingdom.
The independent directors of Westpac Office Trust (WOT) unanimously agreed to pursue the deal with Mirvac Group.
The Australia and New Zealand Banking Group improved its first-half profit to 36 per cent to almost $2 billion as it became the third biggest bank in the State to benefit from the recovery in Australia and in Asia.
Telstra's BigPond is losing its title as most sought broadband provider after rival Optus raised its download limits without touching its current price range.
Iron ore miner Rio Tinto disclosed today that its new Clermont mine in Central Queensland will have its first export shipping next month.
The Royal Dutch Shell has reported Wednesday that its net income for 2010’s first quarter soared up to 57 percent or $5.99 billion, as the oil company pointed to stable oil prices, production growth and earning good returns on instituted cost cutting
A survey made by consumer credit company Veda Advantage showed that applications for residential mortgage fell in the first quarter after the government's first home owner's grant was reverted to its pre-financial crisis levels.
Shares in Virgin Blue soared more than 4 percent, or 2.5 cents, to 60.5 cents on Wednesday as the company confirmed talks with New Zealand national carrier Air New Zealand for a possible trans-Tasmanian alliance.
A consumer credit survey has revealed Wednesday that home mortgage applications posted in the March quarter declined by 15 percent following the government’s decisions to return first home buyers grant to pre-financial crisis level.
The Australian Industry Group on Wednesday that government should not underestimate the importance of trade missions to further develop the businesses in Queensland.
The Government of Queensland favors Broken Hill Proprietary (BHP) Billiton as the sole developer of the new terminal at Abbot Point to increase support from its booming coal fields.
Qantas Airlines is considering to sell half-stakes of its poorest performing freight enterprises to Australia post.
