Earnings at supermarket giant Coles have fallen for the first time since its acquisition by Wesfarmers nine years ago, as its sales growth slowed further amid stiff competition.
SPECIAL REPORT: A focus on creating and sustaining a liveable, connected and internationally appealing city is driving arts and culture development and construction projects across Perth.
Business needs to be unshackled from red tape to compete with technology, while lower tax would boost wages growth, Richard Goyder told today's Success & Leadership breakfast.
A lengthy leadership transition provided Richard Goyder with the ideal preparation for his role as Wesfarmers' boss in 2005, the outgoing managing director told today's Business News Success & Leadership breakfast.
SPECIAL REPORT: Backdoor-listed technology businesses and mining hopefuls have joined the state's top performers in financial year 2016 in Business News's annual analysis of total shareholder returns.
Sydney-based AGL made its long-awaited entry to the Perth gas market this week, with price cuts and a range of customer incentives underpinning the company's offering as the sector's newest player in the domestic gas sector.
Cedar Woods Properties has found a buyer for a commercial development in Melbourne suburb Williams Landing, which is currently under construction and will become the Australian headquarters for Wesfarmers-owned department store chain Target.
Australia's food and grocery prices have to come down further because they are "crazy" compared to the rest of the world, Coles managing director John Durkan says.
Amazon poses the biggest threat to Wesfarmers' discount department stores Kmart and Target rather than specialty retailers like JB Hi-Fi, investment bank Morgan Stanley warns.
East coast-based companies AGL Energy and Origin Energy have received approval to enter Western Australia's domestic gas market, where they will join Wesfarmers subsidiary Kleenheat and Alinta Energy.
Finance director Terry Bowen will become the third top Wesfarmers executive to retire from the Perth-based conglomerate in the space of 12 months, with the group announcing three senior appointments along with details of incoming managing director Rob Scott's remuneration package.
Wesfarmers has decided against spinning-off its Officeworks stores via an initial public offering due to the market's current dim view of retail stocks.
A set of stained glass panels that depicts historical scenes of Perth city has provided a fundraising window of opportunity for its current owner, the Film and Television Institute of WA.
Western Australian conglomerate Wesfarmers has paid tribute to its former chief executive John Bennison, who led the business as it transitioned from an agricultural cooperative to a listed industrial company.
The Harry Perkins Institute of Medical Research is on a major fundraising drive to bolster cardiovascular research in Western Australia, to further localise study of this major killer and head off a leakage in philanthropic donations to eastern states institutions.
Women account for just 8.7 per cent of board positions at the top 100 Western Australian companies listed on the ASX, a report by the Committee for Perth has found.
Shares in Wesfarmers have fallen after the company unveiled a mostly weak third quarter for its retail businesses, including softer growth from its supermarket giant, Coles.
OPINION: A worldwide shake-up of the fertiliser industry may play out in WA, according to the investment bank, which has been watching Wesfarmers' CSBP division.
A string quartet from the West Australian Symphony Orchestra will exchange its Perth Concert Hall home for a natural stage in the Kalamina Gorge next week for the 2017 Karijini Experience.
Offshore oil & gas: Woodside Petroleum's February launch of a new supply ship that can use liquefied natural gas as a fuel is an early move in what could be a larger focus on driving new market demand.
Banking giant Westpac has been confirmed as the newest tenant for Brookfield Place Tower 2, as one of the city's newest office towers moves towards full occupancy.
Iron ore miner Fortescue Metals Group has denied media reports stating it had lodged a $1 billion-plus offer for Wesfarmers' Curragh coal mine in Queensland.
Outgoing Wesfarmers boss Richard Goyder has been revealed as successor to Michael Chaney as chairman of energy giant Woodside Petroleum, a week after we was named the next chairman of the AFL.
OPINION: Everyone exposed to the Australian retail industry knows how tough conditions are, but what they might not fully understand is the extent to which a once-local industry is being blasted out of business by international competition.
Wesfarmers is considering a spin-out of its profitable Officeworks business, which contributed to strong earnings growth for the Perth-based conglomerate in the first half alongside Bunnings and Kmart.
OPINION: Despite some widely publicised problems in the past year, Woolworths is emerging stronger in the supermarket face-off with major rival, Coles.
Incoming Wesfarmers managing director Rob Scott, who will formally take his new job late this year, says the business will continue to thrive on the back of its diversity across markets.
Wesfarmers managing director Richard Goyder will step down this year after more than 12 years in charge of the company to be replaced by his deputy, Rob Scott.
