News

TPG Telecom FY profits dented by customers migrating to NBN

TPG Telecom has reported a 4.6% drop in full-year profit to AUS$396.9 million, pointing to higher power prices and customers migrating to the...

18 September, 2018

Australian business conditions rise in August

Australian business conditions rebounded in August, according to the National Australia Bank’s (NAB) latest index, following declines in the previous two months. The NAB’s...

14 September, 2018

Miners in Western Australia stumble on gold-encrusted rocks worth nearly $7 million

Canadian mining firm RNC Minerals has revealed the discovery of gold bearing rocks in Western Australia that are believed to be some of...

10 September, 2018

‘Prestigious’ Noosa shows strongest growth in Queensland’s property market: REIQ report

The Real Estate Institute of Queensland (REIQ) has placed Noosa at the top of Queensland’s property market after finding that the Sunshine Coast...

10 September, 2018

Queensland close to $24 billion renewable energy boom: GEM report

Queensland is on the verge of a $24 billion renewable energy boom according to a new report by Green Energy Markets (GEM), commissioned...

04 September, 2018

BHP rewards investors with record dividend as FY profit reaches four-year high

BHP has revealed it will pay out a record dividend after full-year underlying earnings jumped by 33% to AUS$12.2 billion in the 12...

21 August, 2018

Billionaire industrialist Gupta launches $1 billion renewables plan in South Australia

Billionaire UK industrialist Sanjeev Gupta has unveiled a US$1 billion renewable energy plan in South Australia, claiming that the 1GW project will lead...

17 August, 2018

Melbourne loses title as world’s most liveable city in annual Economist study

Melbourne has slipped to second place in the Economist Intelligence Unit's Global Liveability Index, after a record seven years at the top of...

14 August, 2018

Westgold Resources boss takes aim at WA mining bureaucracy: Diggers and Dealers

Westgold Resources managing director Peter Cook yesterday criticised over-bureaucracy in Western Australia’s gold mining industry, saying regulation is holding back growth in the...

09 August, 2018

Evolution Mining underlines quality of WA gold asset ahead of site visit

Australian gold producer Evolution Mining has released an updated corporate presentation for its Mungari gold mine while an institutional investors and analyst site...

06 August, 2018

Rio Tinto enjoys surging iron ore shipments in Q2

Rio Tinto has posted rising iron ore shipments in its second quarter operating report, reflecting a strong environment across the board for the...

18 July, 2018

DP Energy given green light to expand renewables park in South Australia

Irish renewable energy firm DP Energy has won state government approval for the second stage of its Port Augusta Renewable Energy Park (PAREP),...

12 July, 2018

UK vegetable seed company opens Australian subsidiary in Melbourne

UK-based vegetable seed company Tozer Seeds has opened a new subsidiary in Australia as it looks to capitalise on markets across Asia and...

09 July, 2018

Australian billionaires Rinehart and Forrest put Atlas Iron in spotlight with share deals

Gina Rinehart’s Redstone Corporation has reportedly purchased a significant stake in junior miner Atlas Iron, following in the footsteps of Andrew Forrest’s Fortescue...

14 June, 2018

Australia overtakes Chile as world’s largest producer of lithium

Australia is officially the largest producer of lithium in the world after overtaking Chile’s total output in 2017, according to data from United...

13 June, 2018

Fortescue takes stake in Atlas Iron, Rio Tinto formalises Minmetals JV

Fortescue Metals Group (FMG) has bought a 15% stake in Atlas Iron, along with a cash settled swap of 4.9%, taking its overall...

08 June, 2018

Fortescue to construct $1.27 billion mine as WA approaches fresh mining boom

Fortescue Metals Group has confirmed it will build a new large-scale iron ore mine in the Pilbara region of Western Australia, as part...

30 May, 2018

CWP joins with Partners Group to deliver 1.3GW Australian renewables platform

Australian clean energy developer CWP Renewables has joined with Swiss investment manager Partners Group to deliver over 1.3GW of solar, wind and battery...

29 May, 2018

Australian lithium miner Kidman Resources secures three-year supply deal with Tesla

Tesla has entered a three-year lithium supply deal with Australian miner Kidman Resources, who will provide refined lithium hydroxide to the electric vehicle...

18 May, 2018

Nearly half of Australia’s big businesses shifting to renewables

A new report by the Climate Council has found that 46% of Australia’s large businesses are turning to renewables as a source of...

15 May, 2018