News

‘Demonising' resources sector not part of sensible net zero goal: King

The local bourse has closed lower for the sixth session in the past seven as traders digest the possibility of a supersized US rate hike overnight.

The mask wearing mandate at Perth Airport ends on Saturday.

The Fair Work Commission has recommended a 5.2 per cent pay rise for Australia's low-paid workers, equating to an extra $40 a week.

Exit is easier in resource rich WA

The local share market has suffered its worst losses since 1 May 2020, and is now down 7.3 per cent in June.

Western Australia's deputy police commissioner Col Blanch will lead the 6,800-strong force after being described as the "stand out" replacement for Chris Dawson.

The Australian sharemarket fell as much as 5.3 per cent at the opening on Tuesday after big sell-offs on overseas markets, with the benchmark US indice down 21 per cent from its peak.

Outgoing HBF boss to chair Perth casino business

A total of 80 Western Australians were recognised in the Queen's Birthday Honours List for 2022 including Carmen Lawrence, Murray McHenry, Amber Hasler and Geoffrey Stooke.

BGC sets date for first bids

The local share market has closed at its lowest level in 14 months following three sharp declines in the past four days.

Jon Gregory has developed what he says is a disruptive technology that's backed with about $40 million in investor funds.

BHP digs in on its no jab, no job policy

It's been another brutal day for Australia's banks and non-bank mortgage lenders, with the financial sector on track for its worst week since March 2020.

Energy sector players have broadly backed plans by federal, state and territory governments to work together to stabilise Australia's power sources.

MinRes targets Ellison HQ cost blowout claim

The Australian share market has finished 0.36 per cent higher amid gains for oil producers and coalminers, while the big banks posted losses.

National Disability Insurance Scheme Minister Bill Shorten says the agency's chief will step down ahead of a new head being confirmed in the coming months.

WA energy giant considers shipments to east coast through Geelong import terminal

The local bourse has suffered its worst day in nearly three weeks after the Reserve Bank delivered a supersized 50 basis point rate hike.

It won't be long before much of the world feels the force of what a top US banker has described as an ‘economic hurricane'.

Confidence has dropped to its lowest level since mid-August 2020 as cost of living pressures mount, not helped by an expected further rise in interest rates.

Teachers plan mass exodus

The Australian share market has alternated between losses and gains but finished up 0.78 per cent for the week.

The government will consider using whatever mechanisms are available to counter constrained gas supply on the east coast as price hikes begin to bite.

Inflation yet to dent sales: Wesfarmers

The local share market has dropped back below 7200, with losses for every sector except utilities and energy.

Taxpayer subsidies a boon for billionaires

The Australian share market has ended modestly higher despite huge drops for lithium miners and electricity supplier Origin Energy.

Household spending helped to prop up economic growth in the early months of this year, although there was a marked slowdown compared with the strong finish of 2021.

50-50 is aim as 13-woman ministry unveiled