The record $22 billion spent in the nation's shops in February is a further sign low interest rates are supporting the economy, federal Treasurer Wayne Swan says.
Wesfarmers has appointed Business Council of Australia chief executive Jennifer Westacott to its board of directors.
Ms Westacott was a board director and lead partner at KPMG prior to joining BCA.
New home sales tumbled 5.3 per cent across the nation in February, snapping a four-month run of increases, but the lagging trend did not extend to sales in Western Australia.
Toro Energy has been granted long-awaited federal government approval for its flagship Wiluna uranium mine, the first of its kind in Western Australia.
Hanlong's troublesome 20 month-long takeover of Sundance Resources looks to be almost dead, after the Chinese suitor disclosed it would not meet a key funding deadline for the $1.3 billion deal .
Doray Minerals says the mine life at its Andy Well gold operation can be extended following the unveiling of the maiden resource for the Judy Lode deposit.
Wesfarmers’ Kleenheat Gas has entered the domestic natural gas market, offering a discount to win customers from former monopoly market holder, Alinta.
Western Australian junior minister Gary Gray has been promoted to federal cabinet, taking the pivotal Resources and Energy portfolio in a reshuffle announced by Prime Minister Julia Gillard this morni
Opposition Leader Tony Abbott's motion of no confidence in Prime Minister Julia Gillard has failed, after the vote fell short of the overall majority required.
West Africa-focused Papillon Resources has successfully raised $52.9 million through an institutional placement, with proceeds to fast track the development of its Fekola gold project.
Business groups have urged the new Liberal-National Cabinet to quickly implement commitments made during the election campaign, particularly reducing red tape and tackling the rising cost of doing bus
Two Perth men have been acquitted of 28 insider trading charges but still face a further five offences after a jury failed to reach a verdict on all the counts.
The number of Australian companies going broke is expected to stay high over 2013, says accountancy firm Taylor Woodings, as corporate failures in WA doubled in January.
Reed Resources has struck a deal with Crest Minerals over the Comet Vale gold project near Kalgoorlie, which is anticipated to be brought back online next year.
The federal government's plan for a public interest media advocate to oversee media mergers and press standards is on the brink of collapse after independent MP Andrew Wilkie ruled out backing Labor l
