Australia's prized AAA credit rating could be at risk if post-election political paralysis damages the federal government's capacity to manage budget deficits, the key global ratings agencies have warned.
Recriminations have already started within the Liberal Party over its poor performance in Saturday’s federal election, with the finger being pointed at Prime Minister Malcolm Turnbull’s campaign strategy for having shaken the party’s grip on power.
Western Australian companies have outperformed the broader stock market over the six months to June 30, judging by the performance of Business News' BN30 index.
In a report released today, Auditor General Colin Murphy has expressed concern that Main Roads still focuses on critical maintenance instead of preventive work, despite a recommendation to change tack in a review seven years ago.
Mirvac Group and Singapore’s Keppel REIT’s $103 million new office tower at Cathedral Square has officially opened, with the Supreme Court to take up residence next month.
The state government has extended its discounted charges at the Utah Point bulk handling facility by another year, to help junior miners continue exporting iron ore, as debate around the sale of the port continues.
State Development Minister Bill Marmion has told protestors outside parliament that the environmental watchdog would review the government’s plan to extend the buffer zone around the Kwinana industrial area.
The Australian dollar gold price hit an all-time record of $1,826 an ounce today after Britain elected to leave the European Union, with shares in local gold miners rallying strongly even though the broader stock market tumbled more than 3 per cent.
London's FTSE100 index crashed more than 7 per cent in the first few minutes after markets opened around 4pm AEST, as voters in the UK elected to leave the European Union by a 52-48 margin, prompting Prime Minister David Cameron to flag his resignation.
A decision to dump Perth's planned light rail network has dented trust in the government's transport promises ahead of next year's state election, Treasurer Mike Nahan concedes.
Chinese steel production was up 1.8 per cent in the month of May compared with the same period last year, although global output was down 0.1 per cent.
New businesses are gearing up to supply drivers in the state’s ridesharing industry, with legalisation of services such as Uber due to start on July 1.
Perth dwelling prices fell 1.7 per cent in the three months to March, while the average dwelling price across Australia's capital cities also fell for the first time in over three years.
A re-elected Coalition government will adopt the lion’s share of recommendations from Dyson Heydon’s trade union royal commission, Employment Minister Michaelia Cash told the National Press Club today.
A recent analysis of economic performance across nearly seven decades of Australian prime ministers by the Australia Institute found Malcolm Turnbull to have the poorest track record. But is that fair?
New technology is leading to a dramatic reduction in per capita power use around Australia, a new report has found, but WA has bucked the trend, as the only state where residential energy consumption is expected to increase over the coming decade.
Newly installed state Innovation Minister Bill Marmion will hold a summit next month to consult industry on how to best spend $20 million in freshly allocated funds.
Opposition leader Bill Shorten says a Labor government would review the NBN Company board in the wake of questions about the impartiality of its chairman.
It’s easy to assume the Western Australian Industrial Relations Commission’s recent decision to raise the minimum wage by 1.9 per cent is good news for low-paid workers.
Shares in marine services business MMA Offshore were lower after the company warned of a profit reduction and no reprieve in the coming financial year.
Prominent corporate adviser John Poynton, former mining executive Bill Turner, and Supreme Court judge Carmel McLure are among the Western Australian luminaries to receive honours as part of this year’s Queen’s Birthday awards.
The state government has launched a new advertising campaign to further promote Western Australia as a thriving tourist destination for domestic and overseas travellers.
An increase to the minimum wage announced today will mean Western Australian businesses pay roughly $20 per week more for mimimum wage workers than their eastern states counterparts, while the Chamber of Commerce and Industry of WA warns it will have a flow-on effect on employment.
Arrium's administrator is still seeking another $100 million to make the Whyalla steelworks attractive to potential investors despite Prime Minister Malcolm Turnbull having ruled out an immediate bailout.
Australia's second-largest airline, Virgin Australia, is set to be more than one-third owned by two Chinese companies after its biggest shareholder slashed its stake.
A forecast slump in iron ore prices is set to deliver another blow to already-strained federal government finances, with analysts warning a recent uptick in pricing will soon be wiped out.
MP for Canning Andrew Hastie has been booted out of the Army Reserves after he defied a Defence request to remove photos of him in military garb from election campaign material.
