Construction of Perth's next premium grade office tower will commence in the middle of next year at Elizabeth Quay after Brookfield Properties and Chevron signed a 15-year sale-and-leaseback deal today.
FBR, formerly known as Fastbrick Robotics, has commenced a 50/50 joint venture with Brickworks, called Fastbrick Australia, to provide a ‘Wall as a Service' offering to the Australian market.
Mondium, a joint venture between local contractors Monadelphous and Lycopodium, has secured an engineering, procurement and construction contract at Talison Lithium's Greenbushes project.
The Australian share market has opened lower with investors apparently spooked by renewed concerns about the trade conflict between China and the United States.
Oil prices inched up on Friday as strong US economic data boosted demand sentiment and as production losses in sanctions-hit Iran and Venezuela tightened the market.
Gold was headed for its biggest daily rise in two months on Friday, clawing away from a four-month low hit in the previous session, helped by a pullback in the US dollar and as some investors covered their short positions.
The federal Labor opposition needs to lock down the details of its emissions policy before the impact will be clear, according to Woodside chief executive Peter Coleman, but the ability to buy international offsets will be key to keeping the cost of carbon reduction low.
Shares in WhiteHawk soared from 6.4 cents to 12 cents, in three days of trading, after the Perth-based cyber security announced it had secured two contracts in the United States.
PODCAST: Mark Pownall and Matt Mckenzie discuss Wesfarmers' lithium bid, Perth house prices, Aldi's impact, AHG takeover, Tempo, contract awards, the election debate, and our latest Great for the State feature — Future of Energy.
The number of dwellings approved in Western Australia have bucked the national trend and risen by 3.8 per cent in trend terms to reach its highest point since July, according to the Australian Bureau of Statistics' latest data.
Liquidators have been appointed to Mad Dogs Jungle Bar five months after the Milligan Street venue shut its doors following a dispute with the landlord, but it is anticipated the decision may be reversed.
ASX listed investment firm Keybridge Capital has cancelled its proposed $20 million takeover of Yowie, citing the Perth-based confectionery company's worsening financial results.
ASX-listed AuStar Gold has entered into discussions with the administrators of Centennial Mining to acquire the failed miner, as it seeks to grow its Victorian gold operations.
Oil plunged overnight, with US crude dropping almost three per cent as the market grappled with oversupply fears as increased US sanctions on Iran had more gradual impact than expected and US crude oil inventories rose sharply.
Gold prices slumped to an over four-month low overnight after the US Federal Open Market Committee (FOMC) axed any hopes for a rate cut in the near term, subduing demand for the non-interest bearing bullion.
More than 100 unique arbitration proceedings were conducted in Western Australia during the 2017-18 financial year, the first-ever survey of the sector has found.
There were 666 apartment approvals in inner Perth for the 12 months to February, a sharp fall from 2,069 in the prior corresponding period, which could driven by high supply in a weak market, according to a new report.
Mirvac is trialling a rent-to-buy initiative at its Claremont by Mirvac development, joining a handful of other developers in Australia to adopt an arrangement that is common in the US and Europe.
Colin Barnett, Carmen Lawrence and Jennifer Lawrence are among the high profile names appointed to the UWA Public Policy Institute's international advisory board today.
Western Australian students will have a third study option, apart from ATAR or VET, in their final years of schooling with the introduction of a new pathway next year.
