Australia says no block to China resource investment (Reuters)
Reuters - Australia said on Sunday no Chinese companies have been told to withdraw applications to buy into Australian resource firms, despite media reports Canberra was pressuring China to back away from such investment.
WorleyParsons' billion-dollar solar plan
WorleyParsons is studying the construction of the world's biggest project producing power from the sun's heat, tapping incentives for renewable energy generation.
Stocks close slightly higher
The Australian share market has closed flat, with Westpac and St George the only standouts among banking stocks and the big miners generally weaker.
Woodside Q2 revenue up 52%
Woodside Petroleum Ltd has posted a 52 per cent jump in second quarter sales revenue, after production rose and the price of crude oil soared.
Kill the competition: Autos cut ......
Welcome to today's round-up of business news from The Times: what we're
saying, what they're saying
Kill the competition: Olympic bill...
Welcome to today's round-up of business news from The Times: what we're
saying, what they're saying
Kill the competition: Dividend ban...
Welcome to today's round-up of business news from The Times: what we're
saying, what they're saying
Govt hits back at Woodside over tax slug
The Rudd government has hit back at gas giant Woodside Petroleum, saying its new tax slug on light crude oil from the North West Shelf is fair.
Stocks close lower after US markets drop
The Australian share market closed lower after a big drop on United States markets and a surge in the oil price to more than $US140 a barrel overnight.
Woodside year profit falls 27.8%
Woodside Petroleum Ltd has reported a 27.8 per cent fall in full year profit and says it is targeting a rise in production for this year of up to 22 per cent.
Kill the competition: Rock blowout...
Welcome to today's round-up of business news from The Times: what we're
saying, what they're saying
ASX slightly higher at noon
The Australian share market was slightly higher at noon led by the resources sector.
ASX edges higher as oil and gold rises
The Australian share market nudged a little higher after closing relatively flat last week as gold and oil prices rose.
Banks, miners weigh on shares
Shares open lower, dragged down by the financial and resources sectors and on a flat lead from Wall Street.
Woodside sales, production down in Q1
Woodside Petroleum has reported lower production and sales for the first quarter of 2008.
Cyclones hit Woodside output
Woodside Petroleum says first-quarter output falls 4% from a year earlier due to cyclones, maintenance and the sale of assets.
Condensate exemption hits Woodside hard
Industry observers say the removal of the condensate exemption from the crude oil excise will have an adverse effect on the North West Shelf developments.
Stocks close higher driven by miners
The Australian share market closed moderately higher, driven by renewed strength in global miners BHP Billiton and Rio Tinto.
Woodside revenue surges
Woodside posts a 52% jump in second quarter revenue, after production rises and crude oil prices soar.
Labor faces showdown with BHP and...
SCOTT MURDOCH The North West Shelf venture participants blast the Government's decision to scrap the $2.5b condensate tax break.
Commodity firms gain
Small rise for Australian shares rise, after a recovery in oil and metal prices buoys commodity firms.
Build and spend - it's Swan's...
The Rudd Government will put more than $40 billion in reserve for long-term spending on health, education and infrastructure.
US jitters stain local bourse red
THE sharemarket closed deep in the red yesterday as the ripples from a slump on Wall Street slump on Friday reached Australian shores.
Market dips as Tabcorp, Tatts slump
Australian shares fell 0.5%, as Tabcorp and Tatts Group tumble on the loss of a key market for their slot machines.
Stock market continues downward spiral
The Australian share market marked its third trading day in a row of finishing in the red, as investors shunned the big miners and energy stocks.