Gas and electricity firm Arrow Energy Ltd (ASX: AOE) said on Thursday that its annual gross sales in financial year 2010 indicated strong performance in the June quarter as gas and electricity sales more than doubled from the prior year.
The Australian share market was weaker by early afternoon after a negative lead from Wall Street, while the resources sector rallied.
Australian airline company Qantas (ASX:QAN) today launched a trial of its all-new Next Generation Check-in system at its domestic terminal at Perth Airport.
To help it sell five-year bonds, SPI (Australia) Assets Ltd., a unit of Singapore Power Ltd has acquired the services of Commonwealth Bank of Australia and Westpac Banking Corp.
Oil major Royal Dutch Shell is likely to join Chevron's Wheatstone liquefied natural gas project in competition with Woodside Petroleum's Pluto project.
Australia's major project development and contracting group Leighton Holdings (ASX: LEI) has secured a five-year $100m contract with Queensland's electricity provider, Ergon Energy.
Regional Express Holdings Ltd (REX) (ASX: REX) announced on Thursday that it is set to reduce its seat capacity by 18 percent for the Port Lincoln-Adelaide service route in South Australia, blaming stiffer competition from QantasLink which earlier resumed its flight services on the region.
Australian telecommunications and media company Telstra (ASX: TLS, NZX: TLS) is continuing with its plans to lay-off the 900 operational employees announced several weeks ago, according to a statement released today by the Communications Electrical Plumbing Union.
Property specialist Centro Properties Group (CNP) (ASX: CNP) said on Thursday that its financial arrangements covering a total of $US2.7 billion or $A3.03 billion of debt in the company’s US operations have been completed amidst the business’ continued restructuring.
Graeme Hunt, chief executive of Lihir Gold, says it is still possible to better the cash bid worth $9.7 billion by Newcrest Mining.
Graeme Hunt, chief executive of Lihir Gold, says it is still possible to better the cash bid worth $9.7 billion by Newcrest Mining.
Queensland's resource and construction industry employers today convened to discuss the latest issues confronting them under the Fair Work Act
The NBN Co. has finished the three initial stages of a primary software installation. The new software systems will upgrade its inventory tracking on fiscal management while the NBN is being built.
Australia's major TV subscription provider Austar United Communications Ltd (ASX:AUN) has reported a 42 per cent drop in first-half profits.
The Australian Mines and Metals Association says the construction workers, who number about 1,500 and walked out from their posts at the Pluto project at Woodside, Western Australia, must answer responsibly for their actions.
Cairns Airport has set its sights on Singapore as it continues to strengthen its international services network.
The QRC (Queensland Resources Council) says the state government’s appointment of its first commissioner for LNG will surely help in balancing domestic gas demand and prospects for export.
Consumer advocacy group CHOICE has challenged the major political parties to declare their hand on a range of consumer issues in the lead up to the Federal election.The group sent letters to the Government and Opposition parties, as well as the Greens, asking them to outline their approach to consum...
A new study by scientists at the American Chemical Society has identified an unlikely new source for raw materials for biodiesel fuels - butter.Researchers report that butter could be used as an eco-friendly feedstock for diesel fuel, a possible new source beyond the current ethanol production.As pa...
Qantas Airways Ltd (ASX: QAN) said on Wednesday that it is looking into establishing possible service routes to Europe by going through China, that is if and when Euro authorities give their seal of approval on the proposal.
The Office of the Australian Building and Construction Commissioner (ABCC) has secured a record workplace relations penalty of $1.325 million as a result of a legal proceeding initiated by the ABCC in response to a protracted union demarcation dispute at the West Gate Bridge strengthening project in 2009.
Billbergia Group has struck a deal with the liquidators of the Vision tower site at the CBD of Brisbane to buy the site for an unknown amount.
Bangkok Smartcard System (BSS) executes contract to implement Vix ERG's MASS clearing house solution, the Australian company said in a statement released today.
Steel specialist BlueScope Steel Ltd (ASX: BSL) and Nippon Steel Corporation of Japan have agreed to undertake a long-term joint technical partnership in developing next-generation coated steel products as the Japanese company announced on Wednesday via its official online site that products to be manufactured by both firms are aimed for the global building and construction market.
The Thalanyji People, the Native Title holders of the area in and around Onslow, signed a non-binding agreement with gas company Chevron Australia Pty Ltd on Thursday 22 July in Onslow.
Engineering firm Downer EDI Ltd (ASX: DOW) announced on Wednesday that it has sealed contract agreements amounting to about $2 billion with the BHP Billiton-Mitsubishi Alliance, which cover work projects at Goonyella Riverside and Norwich Park mines, both located at the Bower Basin in central Queensland.
Insurance Australia Group is the most recent insurance firm to report a poor performance for the previous fiscal year, as the season for reporting profit has turned sour for investors in insurance shares.
Australian industrial brands business Alesco Corporation (ASX: ALS) has posted another annual net loss and remains cautious about the coming 12 months.
Retail giant Coles announced on Tuesday that it would start selling car insurance, which the company described as a product carrying flexible coverage with a lifetime guarantee on auto repairs by authorised motor vehicle repair outlets.
Macarthur Coal has announced its achievement of high sales for fiscal year 2010, in spite of its poor posting for the second quarter of this year.
