Qantas and Afterpay are partnering in a project that will allow Afterpay customers to earn Qantas Points on their purchases using the buy now, pay later platform.
Virgin Australia bondholders have put forward a recapitalisation proposal for the struggling airline, seeking to knock out rival offers from two US private equity firms.
Georgiou Group and NRW Contracting are among three consortia shortlisted to widen Mitchell Freeway for southbound road users, with the $76 million project jointly funded by the state and federal governments.
The widening of parts of Bussell Higway will proceed this year after the project secured funding from the federal and state governments, which also announced new funding agreements and contracts for regional roads and Metronet projects over the weekend.
The state government has outlined details for removing six level crossings between Victoria Park and Beckenham, as part of a multi-million dollar project to improve safety and ease traffic congestion along the Armadale Line.
Contractor Densford Civil has secured the first stage of works to extend Stephenson Avenue, as part of a $125 million project jointly funded by the state and federal governments.
A consortium including Georgiou Group has been selected as preferred proponent for the Tonkin Highway Gap project, while the state government has also promoted a number of initiatives to support construction jobs.
Passenger numbers at Perth Airport have fallen more than 1 million since April last year, with the airport also raising concern about its financial position after being left with outstanding payments from its two largest airlines.
The state government’s $2 billion Morley-Ellenbrook rail project has been given the go-ahead from Infrastructure Australia, though the national body questioned some of the benefits and found they would just outweigh the costs.
Austal has won a $324 million contract to design and construct six evolved Cape-class patrol boats for the Royal Australian Navy, while also announcing it was not successful in the bid for a contract with the US Navy.
Agricultural exporters from Western Australia, including beef and pork producers, have received further assistance, with the state government joining the federal government in subsidising international flights to carry their goods.
The resources sector has enthusiastically embraced a new government-backed app designed to facilitate travel across Western Australia but the freight sector has been lukewarm in its response, despite being touted as a major beneficiary.
Australian airline Regional Express (Rex) has been guaranteed at least one return service per week to most of its 59 destinations under the federal government’s regional airline support program.
Virgin Australia is resuming a minimal national schedule while Qantas is expanding its domestic passenger services, with the new schedules including eight regional centres in Western Australia.
Spanish engineering group ACCIONA has been named as preferred proponent for the construction works for the $253 million Bayswater train station upgrade, beating out a rival bid from a consortium comprising Georgiou Group and Lendlease.
Michelle Prater (nee Wheatley) brings a unique perspective to the natural tension between landlords and tenants in the current market - she is a director of the country's largest car dealer and one of their largest landlords.
Late on Friday afternoon, the state government revealed a $205 million contract with Chinese telco Huawei and contractor UGL to replace radio systems in the rail network had been cancelled because of trade restrictions.
Qantas is suspending all international flights, will delay its $201 million interim payout, and is standing down two-thirds of its 30,000-member workforce until the end of May in the face of the escalating COVID-19 pandemic.
Australia has upgraded its international travel advice to the highest level, with all citizens being told not to travel overseas because of coronavirus. It comes as Virgin Australia suspended all international travel for more than two months.
Qantas will slash international flights by 90 per cent until the end of May in a fresh round of coronavirus-related cuts equivalent to grounding 150 aircraft.
Qantas is paying back $7.1 million to 640 marketing and administrative staff it underpaid for up to eight years, with some receiving a windfall of tens of thousands of dollars.
Virgin Australia has cut more flights, reduced executives' fees, and will seek relief from government charges as it joins rivals in attempting to soften the impact of the COVID-19 spread.
Transport Minister Rita Saffioti has disputed claims made by opposition leader Liza Harvey at yesterday’s Business News Politics & Policy breakfast that manufacturing rail cars in Western Australia constituted an investment in a failed and unsustainable industry.
Marine technology company VEEM has today launched a new gyrostabiliser and a facility with the capacity to produce more than $100 million worth of gyros a year to cater for an anticipated uptick in demand.
National advisory body Infrastructure Australia has added regional roads upgrades in WA and Perth’s water security to its listing of high priority initiatives that need more attention, and notably has kept the proposed Morley Ellenbrook rail link near the bottom of its priority list.
