Sam Jones

One of the largest takeovers in Australian radio history is dead in the water after the private equity firm involved in the deal suddenly withdrew its proposal over the weekend.

One of the state’s largest Indigenous corporations has revealed it underpaid more than 600 employees over a three-year period, amounting to around $1.36 million.

WA billionaire and supercar enthusiast Laurence Escalante has unveiled his latest venture, moving into the luxury automotive business with Lance East Exotics.

Cable landing stations are essential to communications infrastructure worldwide, powering undersea fibre optic cables and facilitating data transfer across oceans.

SH Mining has completed its $1.7 billion takeover of Australian mineral exploration company Azure Minerals at a price of $3.70 per share.

The state government has set aside half a billion dollars to fast-track clean energy and major industrial projects around the state and set aside some $36 million to expedite approvals as part of today’s state budget.

The higher profit came despite a small decline in annual revenue, down to $2.56 billion from $2.75 billion the year prior.

The dollar figure for the deal has not been revealed, however in a statement EMR said it had acquired a “significant stake” in the Perth-based start-up as part of the “multi-million dollar” deal.

Anthony Albanese labelled a statement by the Chinese foreign ministry, in which it said an Australian helicopter was acting “provocatively”, contradictory.

Security and sovereignty issues in Mali have pushed Leo Lithium to offload its final 40 per cent interest in the Goulamina Lithium Project to Ganfeng for $342.7 million.

Mental health services, including crisis support, will go virtual in a WA-first co-response model announced in a tranche of state government health budget commitments.

Responding to plant and animal diseases, bolstering WA’s regional borders, and addressing the threat of feral animals are central to a $26 million state government cash splash.

Perth businesses looking to harness automation now have access to a facility to test and demonstrate their technology in a real-world remote operations environment in Neerabup.

The move marks Zettagrid’s first foray into the NT, and its ninth acquisition in just over a decade.

The hydro plant previously supplied electricity to Rio Tinto’s Argyle diamond mine, until the mine was decommissioned in 2020.

Adtech innovator Adveritas has announced plans to issue 75 million ordinary fully paid securities to raise $4.5 million.

Some $18.4 million will be used to deliver 50 standalone power units, with $8 million in grants for wind turbine manufacturing up for grabs.

Australian Venture Capital deals hit a more-than-five year low in Q1 2024.

Fremantle-based SeaStock has announced a breakthrough in Asparagopsis extraction, signalling a move into the pharmaceuticals market.

Karratha, the Kimberley and the Goldfields are set to benefit from a $35 million state government investment to create residential lands.

The Anzac Drive industrial estate in Kalgoorlie will benefit from a $20.8 million state government cash splash as part of the 2024-25 budget.

Embattled Port Hedland businessman Adrian McRae will face a no confidence vote after he appeared on Russian state television lauding the “transparency” of the Russian election process.

Mineral Resources and Pilbara Minerals have become the first customers for the highly anticipated Lumsden Point facility in the Port of Port Hedland.

Seafarers visiting the world’s largest bulk export port will soon have new facilities to enjoy

The first shipment of zircon has been exported out of the Port of Broome, marking a milestone for the region.