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Rio Tinto looking to slash more jobs

Mining giant Rio Tinto begins cutting jobs as a new round of cost cutting gets underway and unions fear up to 800 roles will be axed.

Investors welcome Fortescue's debt moves

Fortescue's debt profile is back in the spotlight as it refinances $US2.5bn of debt and pushes back maturity dates.

Mortgage rates lowest since 1968

Mortgage rates have sunk to their lowest levels since 1968 - the year US activist Martin Luther King Jr was shot and Hey Jude topped the charts.

ACCC gives Woodside's Apache deal ok

Consumer watchdog gives the all clear to Woodside Petroleum to purchase $3.5 billion of Apache Corporation's assets in WA and Canada

Gorgon given green light for expansion

US energy giant Chevron has received a green light to expand production capacity from 15 to 20 million tonnes per annum on Barrow Island

Low rates having delayed impact, RBA says

Record low interest rates, a weaker dollar and the housing boom are all helping Australia's economy, the RBA says.

Solar shares fall as crude oil price dives

Global solar investments did even worse than Australia's energy and mining stocks during the past year as commodity prices dived.

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