The state government has trimmed its surplus forecast for the current financial year by $56 million as it lifts spending to meet the needs of an expanding population while revenue from mining royal
Ratings agency Moody's has downgraded its outlook for Western Australia's AAA credit rating to negative from stable because of the state's mounting debt.
Treasurer Wayne Swan has accused the opposition of twisting the facts about the economy as he continues to defend Labor's decision to drop its budget surplus.
Australia's ability to repay its debt will be unaffected by the government's admission it's unlikely to deliver a budget surplus this financial year, a global ratings agency says.
The federal government's admission that a budget surplus was now unlikely has led to opposition charges that it has mismanaged the economy - a view which appears to resonate with WA Business News r
Businesses may get that sales boost they've been begging Santa for after all, with a new survey showing a rise in consumer spending ahead of Christmas.
The state government will get a US$22 million stamp duty windfall after Canadian company Cameco completed the purchase of the Yeelirrie uranium project for US$430 million.
The former head of Western Australia's anti-corruption commission believes Julia Gillard may have breached state law by providing legal advice for the incorporation of an association used
The Reserve Bank of Australia cut the cash rate in December to support underperforming sectors of the economy, including housing construction and retail, ahead of the expected peak in the mining in
Health director general Kim Snowball has tendered his resignation, saying that the demands of the job had taken a toll on his personal and family life.
A meeting of federal, state and territory treasurers wound up quickly and without any major agreements on the main agenda items of the GST and inefficient state taxes.
The downturn in China's economy since 2011 has sliced $US2.4 billion off Australia's economic growth and led to a slide in export income of $US2.6 billion, according to a United Nations report.
Treasurer Wayne Swan and his state and territory counterparts will discuss "refinements" to the distribution of GST proceeds and a revamp of mining taxes when they gather next week.
Australia has been described as the "Iron Man" of the major industrialised nations, after producing 21 years of uninterrupted economic growth and building conditions that should help insulate it fr
The state government is expecting patrons to get to its new multi-purpose stadium at Burswood on their own two feet or via bus or train - but not by car - under a public transport plan that takes t
The property industry has urged the state government to not follow the lead of eastern states governments and continue offering the first home owners' grant universally in Western Australia.
A potential worsening crisis in Europe is the biggest challenge facing Australia, but it's not as vulnerable as many other countries, a global agency says.
Federal Treasury has dismissed suggestions the Chinese economic "miracle" is coming to an end, saying the Asian giant will grow at a more sustainable rate to become the biggest economy in the world
