Top Stories

China Southern Airlines is recording passenger loads of up to 80 per cent on its direct flights to Perth but it has no immediate plans to expand the service.The airline has just completed the first six ...

The first uranium mine in Western Australia is a step closer after the Environmental Protection Authority gave the project the go-ahead.South Australian miner Toro Energy is seeking to develop the mine ...

The Australian dollar has lifted slightly to remain back above US 98 cents after its recent big falls to the lowest levels in six months.At 1700 AEST on Monday, the Australian dollar was trading at 98.36 ...

Australia's aircraft maintenance and engineering capacity will be decimated by Qantas' decision to axe 500 jobs, unions say.Qantas on Monday announced it would shed the jobs as part of a restructure of ...

The Australian share market was pushed higher today as bargain hunters entered the market after last week's heavy sell-off.Despite lingering worries about Europe, the All Ordinaries Index finished 0.6 ...

Australian stocks have closed higher, driven by a gains in resource and finance stocks, as world leaders reaffirmed they wanted beleaguered Greece to remain in the euro zone.The benchmark S&P/ASX200 index ...

Qantas Airways has flagged more job losses may be on cards after confirming it would cut 500 maintenance positions.Qantas chief executive Alan Joyce said the decision to stop heavy maintenance at Melbourne's ...

The Australian dollar has rebounded to finish back above US98 cents after its recent big falls to the lowest levels in six months.At 1700 AEST on Monday, the Australian dollar was trading at 98.36 US cents, ...

Building products maker James Hardie fears Australia's soft housing market will be a drag on the company's earnings this year.Chief executive Louis Gries says the residential market has contracted mainly ...

Building products maker James Hardie has returned to profit for the full year due to a win in a long-running tax dispute and increased revenue from its operations in the United States and Europe.The company ...

Former ABC Learning director Martin Kemp advocated the purchase of more childcare centres despite a report telling the board to halt further investment because of the company's precarious financial position, ...

Australian bond future prices have fallen from last week's record levels as investors made a tentative move back towards higher risk assets.JP Morgan interest rate strategist Sally Auld said a string of ...

Qantas has confirmed it will slash 500 jobs and says more cuts are likely as it consolidates its heavy maintenance operations.The airline will close its Tullamarine facility in Melbourne, with all heavy ...

Protesters opposed to the proposed gas hub in WA's Kimberley have avoided a confrontation with more than 100 police who escorted a convoy, north of Broome.This morning 25 four wheel drives loaded with ...

Orica is shrugging off doubts about iron ore demand by pressing ahead with the construction of a $US800 million ($A815.87 million) ammonium nitrate plant in Western Australia.Orica, together with Norwegian ...

Workers at the Adelaide-based Phoenix Cleaning company are owed about $1.5 million in unpaid wages and other entitlements.The company employed about 300 workers in South Australia before going into liquidation ...

Stocks to watch on the Australian stock exchange at close on Monday:CPB - CAMPBELL BROTHERS LTD - down 60 cents at $56.70Laboratory group Campbell Brothers' full year profit is up 68 per cent and the company ...

After big drops last week, Australian shares have closed around three-quarters of a per cent higher on Monday.At the close on Monday, the benchmark S&P/ASX200 index was up 31.6 points, or 0.78 per cent, ...

Elders says the outlook for agriculture is positive, after a large tax win helped the agribusiness and automotive interiors supplier return to profitability.Elders on Monday reported a net profit of $40.5 ...

Qantas chief executive Alan Joyce has called on unions to back the airline's controversial plan to axe 500 engineering jobs.Qantas is shedding 10 per cent of its heavy maintenance workforce as part of ...

The first uranium mine in Western Australia is a step closer after the Environmental Protection Authority gave the project the go-ahead.South Australian miner Toro Energy is seeking to develop the mine ...

Struggling internet company Yahoo Inc has agreed to sell half of its 40 per cent stake in Chinese e-commerce group Alibaba for about $US7.1 billion ($A7.24 billion).The deal, announced on Sunday in the ...

Qantas will slash 500 jobs as it consolidates its heavy maintenance work into two bases.The airline will shift heavy maintenance work from its Tullamarine facility in Melbourne to bases in Brisbane, Queensland, ...

Building products maker James Hardie Industries has posted a significantly improved full year profit due to a favourable ruling in a long-running tax dispute.James Hardie on Monday posted a net profit ...

Protesters opposed to the proposed gas hub in WA's Kimberley have avoided a confrontation with more than 100 police who escorted a convoy, north of Broome.This morning 25 four wheel drives loaded with ...

Western Australia's first uranium mine is on the way.The WA Environmental Protection Authority (EPA) on Monday backed Toro Energy's plan to develop its Wiluna mine in the state's mid-west region.It is ...

The Australian dollar is bouncing back from six-month lows reached at the end of last week as the market mood improves.At 1200 AEST on Monday, the local unit was trading at 98.75 US cents, up from 98.25 ...

The independent MP for Frome, Geoff Brock, says Port Pirie residents should be reassured about the future of the local lead and zinc smelter, which employs about 700 people.The smelter is facing a costly ...

The Australian share market was almost half a per cent higher at noon after world leaders said they wanted Greece in the euro zone.At midday, the benchmark S&P/ASX200 index was up 26.4 points, or 0.45 ...

Qantas Airways will axe 500 jobs as it restructures its heavy aircraft maintenance and engineering operations in Queensland and Victoria.The airline on Monday said 422 of the jobs will go from its heavy ...

BHP-Billiton Mitsubishi Alliance (BMA) says more strike action at its mines in Queensland's Bowen Basin will not change its mind on enterprise bargaining negotiations.Eighty per cent of coal mine workers ...

A former ABC Learning executive has told Brisbane's District Court there was an angry reaction when former director Martin Kemp tried to spruik the purchase of more childcare centres prior to the company's ...

Stocks to watch on the Australian stock exchange at noon on Monday:CPB - CAMPBELL BROTHERS LTD - down $1.12 cents, or 1.95 per cent, at $56.18Laboratory group Campbell Brothers' full year profit is up ...