Mining giants Rio Tinto and BHP Billiton say they have no intention of taking up the state government's offer to change how they pay the controversial iron ore lease rental that Nationals WA leader Brendon Grylls wants to hike.
More than half of the electricity used in the Pilbara town of Onslow will be sourced from renewable sources by 2020, with the state government today announcing it will be home to Australia’s largest distributed generation microgrid.
Falling private sector investment in heavy industry and electricity generation were major contributors to a big drop-off in total construction and engineering work in Western Australia in June, down 21.7 per cent quarter on quarter to $6.75 billion.
Western Australia’s hospitality and agricultural industries have welcomed the federal government’s decision to amend its planned backpacker tax, but the tourism body says it will cost the state jobs nevertheless.
The parent company of Perth-based mining services company JSW Australia has entered voluntary administration, with representatives of McGrathNicol appointed yesterday.
The state’s budget position for the 2016 financial year has come in nearly $700 million better than was initially forecast when it was released in May last year, but still in the red to the tune of $2 billion, with revenue $915 million down on the previous year.
Bill Marmion will pick up the transport portfolio in a minor cabinet reshuffle that also includes the introduction of two new ministers; Paul Miles and Mark Lewis.
Brickworks managing director Lindsay Partridge says Western Australia remains an attractive market despite setbacks during the year, when it undertook a major restructure of its Austral Bricks WA and Auswest Timber businesses.
BHP Billiton’s top Australian executive has stepped up the company’s criticism of the WA Nationals' planned iron ore tax hike, two days after an opinion poll found high support for the proposal.
ANALYSIS: A convergence of geopolitical and political events is causing widespread concern across Europe and the US, and WA’s gold sector could offer some stability for investors.
Australia has a greater reliance on its economic and financial relationship with the US than at any time since World War II, former Labor leader Kim Beazley told a Business News breakfast, but a Donald Trump presidency could mean a big shift in the superpower’s relationship with its allies.
The state government has muscled up for the renewal of legal battles over the $1.7 billion Bell Group dispute, appointing a US law firm that promotes itself as being tougher and scarier than its peers to handle the matter.
Atomic Sky chief executive Andy Lamb hopes Western Australian incubators will be taken into consideration when the federal government carves up $23 million in grants to support startups across the nation.
Colin Barnett has seen off an attempted spill motion at today’s party room meeting by 31 votes to 15, emerging with what he claimed was a united Liberal team after a ‘therapeutic’ exercise.
Victoria’s Labor government has reaped a bumper price of $9.7 billion from the sale of the Port of Melbourne, suggesting the WA government could potentially raise in excess of $2 billion from the sale of Fremantle Ports.
Whether Premier Colin Barnett stays or goes is a political decision, but it would be unwise for anyone to imagine that a change at the top of government will not have a significant effect on the way business is conducted in Western Australia.
Colin Barnett says he is confident he has the support to continue as premier if there is a leadership spill this week, following the resignation of ministers Dean Nalder and Tony Simpson over the weekend.
Treasurer Scott Morrison has made changes to the federal government’s proposed superannuation reforms after months of internal party pressure, with a proposed $500,000 lifetime non-concessional contribution cap replaced by a reduction of the existing annual cap.
The state government has acted on a key recommendation from a parliamentary inquiry into fracking delivered late last year, appointing a working group to review laws around land access.
The two main features of the latest labour force figures appear to be telling different stories, with a falling unemployment rate obscuring underlying weakness in job creation.
Consumer confidence has experienced a relatively stable six months, while economists expect the unemployment rate to have remained steady at 5.7 per cent in August.
The federal government has secured opposition support to pass one of the most substantial budget packages since the coalition took office in 2013, making trade-offs on renewable energy funding and welfare payments to pick up about $6 billion in savings.
The builder of the $1.2 billion Perth Children's Hospital has not been blamed for asbestos found in ceiling panels but should have done more to protect the health of workers, an inquiry has found.
Housing investment and construction in Australia are likely to wane in coming years, with an accompanying drop in their contribution to the strength of the economy, the Reserve Bank says.
Shadow minister for consumer affairs Sam Dastyari has announced his resignation from Labor's frontbench after days of criticism for his relationship with Chinese business interests.
