Latest Headlines

Fortescue Metals Group has sold its blocking stake in Atlas Iron, after Gina Rinehart’s Hancock Prospecting increased its takeover offer for a second time last week.

Carnegie Clean Energy’s long-serving managing director Michael Ottaviano has resigned, with the company also announcing major updates on three projects and plans to renegotiate its asset sale deal with Tag Pacific.

Treasurer Josh Frydenberg has demanded the banks and regulators fix an insidious culture of greed over honesty outlined in a scathing interim report of the Financial Services Royal Commission.

The Australian share market has closed higher after investors' worst fears over the banking royal commission's interim report were unfounded.

Shares in cryptocurrency-focused DigitalX have fallen nearly 12 per cent today after the company revealed it has been served with a $US1.8 million claim in the Federal Court of Australia.

PODCAST: Mark Beyer and Matt Mckenzie discuss the possible revival of the Oakajee port project, WA’s strong jobs market, four vanadium projects, gold miner Eastern Goldfields saved from the brink, University rankings, the outlook for residential housing, and how apartment builders are outperforming house builders.

Andrew Forrest’s planned Asia Pacific-focused rugby competition is a step closer to reality, after the World Rugby executive committee recommended approval of the series.

Henderson-based Civmec will start a maintenance services contract with iron ore miner Roy Hill Holdings next month, building on work it is undertaking for major players Rio Tinto, Alcoa of Australia and Fortescue Metals Group.

An engineering alliance comprising BMD Constructions, CIMIC Group's Ventia and Arup has secured a $47 million contract for the ‘smart freeways’ project on the Kwinana Freeway.

A Margaret River winemaker has given up a fight with the Peruvian government, claiming the South American country has bullied him out of the use of the name Pisco.

Struggling gold producer Eastern Goldfields has announced a $75 million recapitalisation deal and board overhaul led by private mining services company Adaman Resources.

Real Estate Institute of Western Australia president Hayden Groves has announced that he will be finishing his three-year term on October 4.

Telstra has refunded a total $9.3 million to more than 70,000 customers it billed without their knowledge or consent following action by the consumer watchdog.

Opinion: The fallout from the tariff fight between the US and China is only the first shot in an unfolding economic and political standoff.

The Australian share market has opened higher after Wall Street rallied overnight from its post-rate rise dip.

Westpac cops $235m hit from advice failures

Wall Street has climbed, helped by gains in Apple, Alphabet and Facebook, as well as the US Federal Reserve's confidence in the strength of the economy after it raised rates for the third time this year.

HBF has flagged the possible sale and lease-back of its head office building in central Perth after reporting a lift in its financial performance and a major shift in its east coast growth strategy.

The Australian share market has closed lower, dragged down by mining and banking stocks after commodity prices weakened and the royal commission's interim report looms.

Tech Mpire has announced a $2.4 million capital raising to market its TrafficGuard advertising fraud prevention technology.

Lithium producer Tawana Resources has secured a $40 million funding package with a consortium led by Tribeca Investment Partners, with its planned merger with joint venture partner Alliance Mineral Assets expected to be completed in November.

The state government remains hopeful Busselton can become the second site for a Qantas pilot academy, pledging up to $1.7 million and formally committing to a new $13 million terminal if the South West town is chosen.

Perth company Quantify Technology Holdings has today announced a restructuring of its board of directors, the same day it announced the first commercial sale of its flagship device.

After a middling result in a national ratings guide out this week, the University of Western Australia has dropped slightly in the latest Times Higher Education World University Rankings.

AusCann Group Holdings has today announced two board changes, with managing director Elaine Darby advising of her resignation and pharmaceutical executive Paul MacLeman appointed as executive director.

Job vacancies in Western Australia have reached their highest level in more than five years, while the state's mining industry has hit a record level of employment.

West Perth-based Grounded Construction Group is nearing completion of a $15 million project to install two mining villages for Iluka Resources’ Cataby mineral sands project north of Perth.

Outgoing ABC chairman Justin Milne says he quit because the controversy around his role was putting pressure on the national broadcaster.

Two properties in WA have received HIA Greensmart awards, recognising the best in environmentally responsible housing.

The WA market is continuing to attract new providers of alternative legal services.

The Australian share market has recovered its early losses to sit flat following Wall Street's dip in the wake of the US Federal Reserve's interest rate hike.

ABC chair in firing line