Woolworths has been given the go-ahead to restructure its $10 billion hotels, liquor and gaming businesses ahead of a planned demerger and likely spin-off in late 2020.
WestStar subsidiary SIMPEC has been awarded $6 million in contract extensions, bringing the total value of contracts awarded to the company since July to $30 million.
Ghana Manganese Company has terminated its equipment hire contract with Perenti Global subsidiary African Mining Services, following a temporary suspension of the contract earlier this month.
CBH Group will continue to cut costs and restructure after recording a loss of $29.7 million in the year to September 2019, the worst single-year financial result in the cooperative's history.
The state government has pledged $96 million to expand Joondalup Health Campus, with Health Minister Roger Cook repudiating assertions the amount falls short of election commitments.
Federal Treasurer Josh Frydenberg is confident his government will be able to keep its election promise of surpluses over the next four years, despite marked downgrades to the outlook in his last budget update.
Oil rose on Friday to its highest in nearly three months as investors cheered progress in resolving the US-China trade dispute and a decisive general election result in Britain.
Gold prices rose on Friday as investors remained cautious about the developments in the United States and China trade negotiations, while political uncertainties in the world's biggest economy further boosted the metal's safe-haven appeal.
The Australian share market has closed higher, with mining stocks rallying on news that the US would roll back tariffs on China as part of an interim trade deal.
A Perth biotech company founded by Nobel Prize winner Barry Marshall has secured a promise of $1 million in federal funding for the commercialisation of its acoustic belt for gut monitoring.
A senior bureaucrat accused with two others of Western Australia's biggest public sector theft is facing a lengthy prison term after making admissions in relation to more than 500 charges, his lawyer has told a court.
Talga Resources has raised $3.25 million from an institutional placement, following the announcement of a $6 million raising from an oversubscribed share purchase plan earlier this week.
Resolute Mining will undertake a strategic review of its Bibiani gold mine, engaging Cutfield Freeman and Treadstone Resource Partners as advisers in the process.
A quarterly rebalancing of S&P/ASX indices has resulted in South32 being relegated from the top 20 index, and Galaxy Resources being dropped from the top 200 index.
Oil prices rose more than 1.0 per cent overnight after US President Donald Trump said his country was "very close" to nailing down a trade deal with China.
Gold retreated from a more than one-month peak in a volatile session overnight after US President Donald Trump said his country was close to a trade deal with China, denting the safe-haven metal's appeal.
The Australian share market closed lower ahead of Sunday's deadline for the US and China to reach an interim deal on trade before higher US tariffs kick in.
Rio Tinto is considering its options after the Takeovers Panel ruled the mining giant can't use its funding of a clean up of a controversial NT uranium mine to acquire a partially owned subsidiary.
Financially strapped live exporter Wellard is cutting its fleet size from four to three with the sale of the world's largest purpose-built livestock carrier for $US53 million ($A77 million).
Westpac has been handed a second strike on executive pay but dodged a potential board spill despite shareholders roasting the bank over its child exploitation scandal.
The Australian share market has moved lower, with the heavyweight financial sector behind much of the slide, despite a positive lead from Wall Street after the US central bank kept interest rates unchanged.
Gold rose overnight as a deadline for an additional round of US tariffs on Chinese imports loomed with no phase-one deal in sight while palladium again soared to a record on supply woes.
Oil prices dropped almost 1.0 per cent overnight following a surprise build in US crude inventories and as investors waited to see if a fresh round of tariffs by the US government on Chinese goods would come into force on Sunday.
Recycling and waste management company M8 Sustainable had a soft start to its first day of trading on the ASX today, with its shares dipping to 17 cents after last month's $19.5 million initial public offering at 20 cents per share.
The Australian share market has climbed higher following a report that the Trump administration was set to delay the next round of US tariffs on China that are set to kick in on Sunday.
Westpac is bracing for a barrage of investor angst and the threat of a board spill at an annual general meeting likely to be dominated by the bank's money laundering and child exploitation scandal.
