Woolworths has completed the sale of its profitable Home Timber and Hardware franchise as part of its $1.5 billion exit from the home improvement sector.
The competition regulator has initiated Federal Court proceedings against Perth-based franchise chain Pastacup and its co-founder Stuart Bernstein for alleged breaches of the Franchising Code of Conduct.
The competition watchdog says it won't oppose Vocus Communications' proposed acquisition of Nextgen Networks, plus two development projects, for up to $861 million.
Victoria's Labor government has reaped a bumper price of $9.7 billion from the sale of the Port of Melbourne, suggesting the WA government could potentially raise in excess of $2 billion from the sale of Fremantle Ports.
Australia's consumer watchdog has started legal action in the Federal Court against German carmaker Volkswagen and its Australian subsidiary accusing it of misleading claims about diesel vehicle emissions.
Woolworths has announced its exit from the home improvement sector, with all of its Masters stores to close in early December and the properties to be redeveloped by a private consortium, while its Home Timber & Hardware business is to be sold to Metcash.
A short term domestic gas contract between Woodside Petroleum and electricity generator Synergy is the first such deal since the North West Shelf Venture partners moved towards separate marketing of their production.
Premier Colin Barnett has voiced his opposition to The West Australian's proposed purchase of The Sunday Times as the competition watchdog raised concerns of its own.
The Barnett government and the Labor opposition have put forward their competing plans to better protect subcontractors and ensure they are paid for their involvement on government contracts.
Australia's retail broadband market, which is dominated by Telstra, Optus and TPG Telecom, needs to lift its game and give consumers better information on broadband speed, the competition regulator says.
The competition watchdog has waved through a $9 billion takeover of rail and ports giant Asciano, and approved Metcash's bid for Woolworths' Home Timber and Hardware business.
Rail and ports operator Asciano will sell its 50 per cent stake in the ACFS port logistics business to its joint venture partner in an effort to remove the overhang on its $9.05 billion takeover.
The consumer watchdog is launching an industry-wide investigation into Australia's new car retail business following its probes of Volkswagen and Fiat Chrysler.
Seven West Media has this morning confirmed plans to buy Perth's The Sunday Times newspaper and the Perth Now website from Rupert Murdoch's News Corporation.
Shoppers will no longer be slugged with excessive surcharges on credit card payments under new rules, but could face other fees as banks look to make up for lost revenue.
The prospects of a Perth consumer newspaper monopoly are firming, with the Australian Competition and Consumer Commission preparing to review a tie-up between The West Australian and The Sunday Times.
The competition watchdog has further delayed its decision on the $9 billion takeover of rail and ports giant Asciano, after receiving complaints that the deal would reduce competition in the container logistics business.
The Federal Court has ordered the former managing director of a Western Australian-controlled egg producer to pay a $120,000 penalty for attempting to induce a cartel arrangement between competing producers.
Global waste management group Suez has paid $87 million for local company Perthwaste, which has experienced rapid growth in recent years with backing from WA business leader Harold Clough.
The competition watchdog has announced plans to investigate the cattle and beef industry following concerns that beef processors hold excessive power following industry consolidation around Australia.
The competition regulator has flagged a fresh review of the $9.05 billion takeover of rail and ports giant Asciano and is examining whether the new cross-ownership deal will lead to any common financial interest among the suitors.
Airports are raking in millions of dollars in profit from slugging motorists hefty carpark fees, the Australian Competition and Consumer Commission says.
Hailing a cab during busy periods is set to become easier after the competition watchdog decided to allow a new smartphone taxi booking app called "ihail".
The Pacific National rail business and the Patrick container terminal business are set to come under new ownership after Asciano agreed to a $9.05 billion takeover deal that is designed to sidestep regulatory concerns.
SPECIAL REPORT: The ubiquitous influence of the internet in modern business has brought an uptick in investment in Perth's data storage capacity, and into new high-speed subsea cables.
Rival bidders for rail and ports giant Asciano are considering making a joint, all-cash $9.05 billion bid in an effort to seal the long-running takeover battle.
Automotive Holdings Group has won regulatory approval for the sale of its Covs Parts business after agreeing to retain four regional stores, and has also expanded its east coast operations through another acquisition in Melbourne.
The long-running takeover battle for Australian rail and ports operator Asciano is set to intensify after the consortium led by QUBE Holdings improved on its offer price.
The long-running takeover battle for Australian ports and rail operator Asciano will continue after the competition watchdog delayed its decision on the rival bids.
The competition watchdog is seeking market feedback after a fresh undertaking by Canada's Brookfield Infrastructure in its takeover battle for ports and rail operator Asciano, which includes the divestment of its bulk rail operations in Western Australia.
