Australia's share market has ended the week higher, buoyed by optimism about a solution to the US-Iran conflict and a slightly less gloomy outlook for local interest rates.
A group of WA industry professionals has bought ownership of what is shaping up to be the state's largest battery energy storage system (BESS) at Kemerton from its Chinese owner.
The Greens are likely to give their support to changes to negative gearing and the capital gains discount but businesses fear it will drive investors offshore.
The $15 million purchase brings the family's Bullsbrook portfolio to 150 hectares of land and follows the reveal of Abadeen's plans to deliver 3,000 lots in the area.
Premier Roger Cook's comments on fracking in the Kimberley continue to attract a mixed bag of responses from the opposition and industry and environmental groups.
A report recently tabled to Parliament highlights the data security weaknesses in the state's universities and TAFEs, described as an attractive target for cyber criminals.
Mark Pownall is joined by Tom Zaunmayr, Ella Loneragan and Sam Jones to discuss fracking in the Kimberley; the City of Perth; MinRes' lithium; property news; startups and more.
Monadelphous has secured a swag of resources and renewables contracts worth a total of $120 million, including work at Fortescue's Cloudbreak mine in the Pilbara.
Gina Rinehart's Hancock Prospecting has committed another $85 million to Arafura Rare Earths one day after the company greenlit development of its Nolans project.
Wall Street's three main indices have closed slightly higher after a choppy session as oil prices lost ground, with some officials citing progress in US-Iran peace talks even as both sides took opposing stances over an Iranian uranium stockpile and control of the Strait of Hormuz.
Perth Bears boss Anthony De Ceglie says early buy-in of the club's two foundation membership packages has been overwhelming – and provided context behind the Bears' $3000 premier package price tag.
Optimism for a Persian Gulf peace deal has supported the ASX's best day since early April, helped by a surprise uptick in unemployment that softened the odds of further interest rate hikes.
DG Corp's acquisition of a Perth site once earmarked for a $30 million hotel has hit a snag, with the property's mortgage being tied to a company in the British Virgin Islands.
One of Western Australia's largest Indigenous trusts has shifted its head office from Perth to the Pilbara to be closer to the beneficiaries it acts for.
