Metcash has announced a $237.4 million write-down against its major food division just days after revealing 7-Eleven would not be renewing its $800 million supply contract.
The Australian share market has dropped sharply lower amid renewed fears over global trade uncertainty and ahead of the central bank's decision on monetary policy.
Oil futures gained about 1.0 per cent ovenright on hints the Organisation of the Petroleum Exporting Countries (OPEC) and its allies may agree to deepen output cuts at a meeting this week and as rising manufacturing activity in China suggested stronger demand.
Gold steadied overnight after paring losses as weak US manufacturing data rekindled worries about a slowing economy while palladium exceeded $US1,860 per ounce in its week-long surge to new all-time highs on a supply crunch.
The housing recovery has finally reached Perth, with dwelling values edging 0.4 per cent higher in November to record the city’s first month-on-month rise since early last year, according to the latest report from CoreLogic.
Accor has announced Novotel will operate the hotel component of Fragrance Group's NV Apartments and Hotel development, which will partially open later this month.
Perenti Global will exit from two Burkina Faso operations following an ambush on its employees last month, but will continue operating three other mines in the country. The contractor also announced today several new contracts in Australia and Africa.
Over the course of two decades, Deloitte has overtaken all its major rivals to become the largest accounting and consulting firm in Western Australia, helped by multiple acquisitions.
Nickel hit its lowest point in more than four months on Friday and posted its steepest monthly loss in eight years on faltering steel output from top producer China and waning impact from an Indonesian ore export ban.
The Federal Court has ordered Optus to pay $6.4 million in penalties for falsely telling customers of rival broadband services their home internet would soon be disconnected.
The state government today announced it will provide $30 million in funding over five years to the The Clontarf Foundation, allowing the sports academy to operate in 30 Western Australian schools as of 2020.
Gold prices gained on Friday as markets awaited further developments on US-China trade talks after officials in Beijing said they would retaliate against the US for passing a law in support of Hong Kong protesters.
Oil prices fell on Friday, with US crude dropping more than 4.0 per cent, on fresh trade tensions and record high US crude production but they still ended the month higher as OPEC watchers expect an extension next week to a pact to throttle oil output beyond March.
The Australian share market has pulled back after hitting a new intra-day all-time high earlier in the day, as markets turned cautious on fears a new US law backing Hong Kong protesters could sink a US-China trade deal.
Vysarn has appointed former AFL player and Sea Harvest managing director James Clement to lead the company next year, three weeks after he was added to the Fremantle Dockers board of directors.
As Australia prepares for a UN climate summit in Spain, a new report shows annual greenhouse gas emissions have dipped slightly, mainly due to more renewable energy use and the impact of the drought.
Ruah Community Services has announced it will merge with Mental Health Law Centre, providing WA's disadvantaged population with increased access to legal and community services.
George and Peter Atzemis’ $90 million investment into Accor’s latest Art Series hotel on Hay Street reflects a return in confidence for the once flagging hotel market.
A group of 11 academics and entrepreneurs have joined to found the Commercialisation Studies Centre, a member-run, resource centre and events hub designed to aid relationships between academics and entrepreneurs in Western Australia.
Oil prices have fallen for a second consecutive day overnight after US President Donald Trump signed into law a bill backing protesters in Hong Kong, fuelling tensions with China.
Gold traded in a narrow $US5 range overnight as investors gauged the impact of US backing of Hong Kong protesters on its trade negotiations with China while palladium scaled a record peak on a sustained supply crunch.
About 27,000 casual school workers including cleaners and gardeners will be compensated after being underpaid by Western Australia's Department of Education.
