Tayler Neale

Perth’s annual inflation rate has hit its highest mark in nearly three years, driven by rising electricity prices in the September quarter, according to the latest data from the Australian Bureau of Statistics.

Perth-based blockchain company Power Ledger has claimed top honours at an international technology competition run by English entrepreneur Richard Branson.

Orders from the Takeovers Panel forcing Rand Mining to sell its $60.1 million stake in closely linked gold miner Tribune Resources have been put on hold following a review application.

The $145 million Quintis recapitalisation deal was completed today, handing control of the sandalwood company to its creditors, led by US group Blackrock.

The consumer watchdog says 5G mobile technology could become a substitute for the National Broadband Network, on the same day NBN Co launched its new business-grade product.

Melbourne-based Delta Group has been awarded two contracts in Western Australia, with a $4.2 million demolition job for the state government and work for CBH Group.

UPDATED: Former City of Perth chief executive Martin Mileham says he is considering legal action after being sacked suddenly by the commissioners running the council yesterday.

Property developer Nicheliving has hit the restart button on its planned ASX listing, after making several major changes to the business, including announcing plans to appoint a new corporate adviser and auditor.

Alkane Resources is set to take an $8 million stake in takeover target Explaurum via a share placement that breaches the conditions of Ramelius Resources’ hostile bid.

A fall in Perth house prices over the next 12 months will be followed by modest growth and an overall 5 per cent improvement by 2021, according to a new housing outlook report.

Carnegie Clean Energy will take a reduced stake in ASX-listed Tag Pacific in exchange for the Perth company’s battery storage and microgrid business, after the parties agreed to remove a $2.2 million cash component from their original deal.

AtlasTrend is a fintech investing platform, which opens up access to active managed investing. Users can invest online in one or more managed funds made up of a portfolio of international shares.

Talison Lithium and Global Advanced Metals have reached an in-principle settlement deal in their legal dispute over expansion plans for the Greenbushes mine.

New Zealand-based investment group Infratil is considering selling its majority stake in local electricity provider Perth Energy, which recently returned to profit after running at a loss for the past three years.

The Royal Automobile Club of WA has invested in Sydney-based Chargefox’s $15 million rollout of electric vehicle charging stations across Australia, which includes two in Perth.

Kidman Resources says development of its planned Kwinana lithium refinery and Mt Holland project near Southern Cross will cost up to $US755 million ($1.06 billion) and generate about 700 jobs.

Mining services entrepreneur Neil Irvine has doubled down on his investment in the hospitality sector to take full control of the $40 million-plus On The Point precinct.

Margaret River-based Xanadu Wines has claimed the coveted Jimmy Watson Memorial Trophy at the Royal Melbourne Wine Awards, which were held last night.

Full-time employment in Western Australia has hit a three-year high, as the latest data from the Australian Bureau of Statistics revealed a decline in the state’s jobless rate to 6 per cent in September.

The corporate watchdog has banned a Perth woman from providing financial services, months after she was jailed for six years for stealing more than $1 million from a local building company.

A new Housing Industry Association report has again labelled Perth as the most affordable capital city in Australia, but says WA’s first home buyers grant is not having the desired effect.

Big miner Rio Tinto said its third-quarter iron ore shipments have fallen about five per cent, hurt by planned maintenance and safety pauses across all operations following a fatality.

SPECIAL REPORT: A group of companies offering a faster alternative fixed-wireless internet service has dialled into a niche market.

Perth-based Bis has acquired mining services company UGM, while SMS Mining Services has merged with haulage provider Rivet Group.

The board of Explaurum has rejected a $59.2 million hostile takeover bid from gold miner Ramelius Resources, saying the offer is opportunistic and undervalues the target.

ASX-listed Huon Aquaculture has been granted a license to operate an aquaculture farm off Geraldton, while Fremantle-based Ocean Grown Abalone has awarded a $2.7 million contract to build a processing facility in Augusta.

Several major deals in recent months mark a surge of activity in the shopping centre space.

A host of WA gold miners including Evolution Mining, Saracen Mineral Holdings and Regis Resources registered strong gains today, as the broader market suffered its second worst day of the year.

Perth businessman Neil Irvine has moved to full ownership of Beaumonde Catering after buying out former managing director Brian Leyden.

Despite a fall in Perth’s median house price in the September quarter, nearly 60 suburbs bucked the trend to record a price increase, according to the latest data from Real Estate Institute of Western Australia.

Wood & Grieve Engineers is set to be acquired by international company Stantec, nearly 60 years after the Perth-based company was established.

New data from Moody’s shows Perth mortgage delinquency rates are the highest in Australia, despite the capital city also holding one of the highest average incomes in the country.