Australia's Woodside approaches Oil Search with $8 bn bid

Last Updated: Tuesday, September 8, 2015, 08:30

"It makes sense for Woodside - a company that`s ex-growth that`s looking for the next leg," said Ric Ronge, a portfolio manager at Pengana Capital, which owns stakes in Woodside and Oil Search.

Australian partner UGL mulls exiting Texmaco Rail JV

Last Updated: Monday, September 7, 2015, 13:30

It further said: "In view of the above, UGL has initiated discussion about the future of the project including their view to exit from the joint venture. The matter is under active consideration."

GVK wins court fight over Australian coal mine

Last Updated: Friday, September 4, 2015, 09:02

The Alpha project is 50-50 owned by Rinehart`s Hancock Coal and GVK, with a small portion of GVK`s stake owned by GVK Power & Infrastructure.

Australia keeps interest rates at record low

Last Updated: Tuesday, September 1, 2015, 12:41

"The board on Tuesday judged that leaving the cash rate unchanged was appropriate at this meeting," RBA governor Glenn Stevens said in a statement.

Qantas to expand fleet after rapid profit turnaround

Last Updated: Thursday, August 20, 2015, 10:07

Qantas Airways posted one of the fastest turnarounds in Australian corporate history with a return to full-year profit and said it will buy eight fuel-efficient Boeing Co 787-9 Dreamliner jets, enabling it to fly the longest routes possible.

Australia moves to reduce legal challenges to mining projects

Last Updated: Wednesday, August 19, 2015, 19:47

Australia plans to change the law to stop environmental groups from launching "endless legal sabotage" against developments, Prime Minister Tony Abbott said Wednesday after a court this month blocked a massive India- backed mine.

Auto industry exploring collaborations with Australian firms

Last Updated: Monday, August 10, 2015, 22:18

A delegation representing the industry is on a visit to Sydney and Melbourne from August 10 to 14, to know about the local automotive technology and research, the Australian Trade Commission said in a statement.

Abbott under attack for pro-Adani statement

Last Updated: Saturday, August 8, 2015, 23:03

"The courts exist to make decisions according to the law, not to further the interests of particular individuals or organisations, including government.

Australian PM backs Adani mine, says sabotaging of projects dangerous

Last Updated: Friday, August 7, 2015, 13:36

"If the courts can be turned into a means of sabotaging projects which are striving to meet the highest environmental standards, then we have a real problem as a nation," he said.

Australian PM backs Adani mine, says sabotaging of projects dangerous

Last Updated: Friday, August 7, 2015, 13:36

"If the courts can be turned into a means of sabotaging projects which are striving to meet the highest environmental standards, then we have a real problem as a nation," he said.

Another blow for Adani! Australian bank ends adviser role

Last Updated: Thursday, August 6, 2015, 07:23

Commonwealth Bank of Australia (CBA), the country's largest lender, said it's advisory role has concluded.

After Valcambi acquisition, Rajesh Exports eyes Australian gold market

Last Updated: Tuesday, July 28, 2015, 11:06

"We are very very seriously looking ... We have a lot of interest coming from (Australia], we have made a list of interesting assets there and we will be taking that forward," said Rajesh Mehta, the company's chairman.