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FIRB approves Virgin’s Tiger takeover

Virgin Australia's proposed takeover of Tiger Australia has been approved by the Foreign Investment Review Board.

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New Hope reduces coal production

Queensland coal miner New Hope has reduced its production in response to high coal stocks and challenging markets.

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Australian shares close lower

The Australian share market closed weaker on Monday, picking up from last week's losses

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ALS reports net profit lift

The move to diversify into new markets has helped lift analytical testing services company ALS's 2013 full year net profit 2.2 per cent.

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Oil and gas says it will pay $13bn

An Australian petroleum conference has heard that the industry will deliver $13bn a year in taxes by 2020.

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Australia faces hiatus in new LNG projects

Australia faces a hiatus in new LNG projects as buyers turn to the United States because of its potential lower costs, a consulting group says.

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