The federal government's decision to inject an extra $260 million into the Perth Freight Link for construction of a road tunnel has drawn heated criticism, with the City of Fremantle saying an additional $1.4 billion was still required to address a core shortfall of the latest proposal.
Western Power advised its staff yesterday that an estimated 215 roles are no longer needed as the utility continues a three-year program that has already cut more than 300 jobs.
Gold prices have risen to their highest in almost three weeks, setting the market on course toward $US1,300 an ounce, drawing confidence from continued ultra-low interest rates.
LNG 18 conference organising committee chair Grant King is positive about the industry's future, despite the low oil price environment and a predicted short-term oversupply, saying international demand growth for electricity will underpin a need for gas.
Opposition leader Mark McGowan has committed a future state Labor government to aggressively seek more defence related work for Western Australia to help compensate for the loss of construction job
A group of 30 Western Australian stocks selected by Business News has significantly outperformed the ASX200 in the March quarter, indicating stock investors are optimistic about the state's economic future.
Treasurer Mike Nahan has called on the federal government to test a variation of its state income tax plan in Western Australia, after saying WA was again ripped off in the latest Commonwealth Grants Commission distribution.
Federal Labor has pledged to hold a royal commission into misconduct in the banking and financial services sectors if the government ignores its call for an inquiry.
Gold has jumped almost two per cent as the dollar fell to a 17-month low against the Japanese yen following minutes from the US Federal Reserve's latest meeting and falling global shares fell rekindled investor appetite for safer assets.
US stocks have dropped as oil prices slid and worries about the global economy resurfaced, dragging down the US dollar against the Japanese yen and causing investors to flee riskier assets.
Perth's median house price remained stable at $535,000 for the three months to March, according to the Real Estate Institute of Western Australia, while reported sales activity in the metro region jumped 15 per cent.
Consumers should expect to pay less for their electricity in the long term as a result of sweeping changes to Western Australia's energy market that aim to slash the cost of supply, Energy Minister Mike Nahan says.
Parking facility operators are rarely popular among car drivers and Wilson Parking is no exception, especially given its strong foothold in Perth, where fallen entrepreneur Laurie Wilson started the firm in the 1960s.
Gold has fallen one per cent as a recovery in equities prompted some profit-taking after Tuesday's rally, while minutes of the US Federal Reserve's last policy meeting showed concern about "appreciable downside risks" in the global economy.
US stocks advanced bolstered by gains in healthcare shares after the collapse of the $US160 billion ($A212.30 billion) merger of Pfizer and Allergan, and by a rise in energy shares.
The auditor general says the state government has made a good start on its $400 million land asset sales program but improvements could be made, following criticism earlier this week that some properties are being sold at a loss.
Roughly four in every five Western Australians feel the state government doesn't have a suitable plan to pay back debt and recover a AAA credit rating, according to a recent Chamber of Commerce and Industry of WA survey.
Gold has rebounded more than one per cent, snapping two days of losses as risk appetite evaporated, pushing global stocks lower and knocking the US dollar to a 17-month low against the yen.
Wall Street has fallen sharply as investors took gains off the table following a recent rally and ahead of an upcoming quarterly reporting season that is expected to reveal sharply lower earnings.
