News

Jack Bendat arrived in Perth 56 years ago with little money and no connections. He proceeded to carve a business career that made him one of WA’s most successful entrepreneurs.

Investors saw enough value in ASX stocks to lift the market despite uncertainty around how economic sanctions on Russia may affect global trade.

Nev Power has stepped down as chairman of Perth Airport and taken a leave of absence from Strike Energy and APM, ahead of his sentencing for breaching COVID travel rules.

Annual wages grew 2.3 per cent as of the December quarter, the highest since mid-2019, but still lagged well behind the rate of inflation at 3.5 per cent.

China threat hits iron ore miners

Perth businessman and former Habitat 1 director Geoff Pritchard has been quizzed in court about the events that led to the company’s collapse.

Oil fetched its highest price since 2014 and the Australian share market slumped as Russian troops entered Ukraine and raised the threat of war.

AGL bid faces Morrison veto

ASX investors gained hope and the oil price eased after news US and Russian leaders will meet to try and resolve the Ukraine standoff.

Billionaire fronts $8b bid to buy and shut AGL coal

Fund manager Magellan has produced a turnaround in form but the Australian share market was weighed down by fighting in Ukraine.

The Business Council is calling for the skilled migration cap to be lifted to 220,000 over the next two financial years to deal with acute worker shortages.

Price rises our last resort, says Wesfarmers’ Scott

The impact of January’s Omicron case surge on the labour force has been laid bare, with hours worked dropping almost 9 per cent, while unemployment remains at a 13-year low.

A late drop in trade following reports of shelling in Ukraine wiped almost all ASX gains and raised the prospect of sanctions against major oil producer Russia.

Western Australia has experienced another record surge in locally acquired COVID cases, with a further 177 reported overnight.

Crown Resorts has reported a 23 per cent fall in activity at Burswood since the state government imposed proof of vaccination as a condition of entry.

BHP staff to lose jobs in no-vax axe

CSL shares surged after its first-half earnings and the ASX had its best day in a week after Russia claimed to be moving troops away from the Ukraine border.

A Karratha man has won a defamation claim against Kerry Stokes’ Seven West Media after he was incorrectly identified as Cleo Smith's alleged abductor.

Minister tries to get sporting codes onside

BHP pleased investors with first-half earnings, but Australian share market participants traded warily as Russia threatens the stability of Europe.

The announcement that international borders will open this month and signs that the COVID-19 Omicron variant peak has passed has lifted consumers' spirits.

Costs push up inflation

Regis Resources, Northern Star and Ramelius Resources were up strongly on the back of elevated gold prices after world leaders warned major oil producer Russia may invade Ukraine within days.

Adam Irving will start on July 1 as Perron’s current chief executive and managing director, Ross Robertson, retires.

There’s no shortage of ideas for how WA can attract talent and new industries when the pandemic abates.

Global private equity group Blackstone has won the battle to take over Crown Resorts for almost $9 billion, barring no better offer emerging.

Fortescue hit by fresh executive losses

An uncomfortable end to an otherwise good week has reminded ASX investors of the perils of a rising interest rate environment.

Reserve Bank governor Philip Lowe has warned federal politicians that raising the cash rate too soon could put expected lower unemployment at risk

Women still undervalued