Builders could soon face tougher penalties for not paying subcontractors on time, but the Master Builders Association has warned several reforms proposed to solve recurring payment issues could increase construction costs and result in more company collapses.
The state government has awarded consultancies Rawlinsons WA and Turner & Townsend cost estimating contracts for Metronet worth a combined $3.8 million.
Local gold explorers Intermin Resources and MacPhersons Resources have announced plans for a $62 million merger to form Horizon Minerals, which will hold significant assets in the Kalgoorlie region.
Georgiou Group has been awarded a $42 million contract to build new facilities at Hollywood Private Hospital while Pindan has been appointed as builder for a housing project in Manjimup.
QBE Insurance has announced a three-year operational efficiency program targeting savings of S130 million in 2021, with the company also flagging better profits in 2019.
Oil prices have fallen nearly two per cent, echoing the weakness in global stock markets as the focus returned to demand growth concerns and crude prices erased some of the gains made last week on an OPEC-led decision to cut output.
Gold edged lower as the US dollar firmed against the pound on doubts about Britain's departure from the European Union, but falling equities and prospects of a slower pace of US interest rate hikes in 2019 kept bullion near a five-month peak.
The state government has assured fishing industry representatives it has no plans to change how it determines catch limits across the sector after a surprise move last week to create, and take control of, new licences for local lobsters.
The Australian share market slumped to a two-year low, weighed down by the major banks as hopes for a trade resolution between the US and China continue to dissipate.
The $6 billion Balla Balla infrastructure project has experienced two setbacks, with the deadline for meeting its obligations under a State Agreement extended by 18 months and recent exploration work failing to live up to promise.
One month after resigning as a director, Guido Belgiorno-Nettis has rejoined West Perth-based contractor Tempo Australia as chair, replacing Charlie Bontempo, who resigned two weeks ago.
Kidman Resources has reached a settlement with parties in relation to a minimum expenditure obligation for a series of tenements at its Mt Holland project near Southern Cross.
India have recorded their first Test win in Australia since 2008, with a tense 31-run victory at Adelaide Oval putting the tourists in the box seat to taste unprecedented success against Tim Paine's shattered team.
The Chamber of Commerce and Industry of WA has returned to profit after three years of major restructuring that has cut staff numbers and revenue to one third of 2014 levels.
Sheffield Resources has announced plans to raise up to $19 million, enabling the company to formally evaluate potential strategic partners for its Thunderbird mineral sands project in the Kimberley.
The federal government has forced the sale of 30 properties in Western Australia worth nearly $50 million, which were illegally acquired by foreign nationals since 2015.
Three telco groups, including TPG and UK-based Dense Air, have spent $19 million securing 5G spectrum lots in Western Australia as part of an auction run by the Australian Communications and Media Authority.
IOOF Holdings' managing director and chairman have stepped aside following moves by the prudential regulator to disqualify the beleaguered wealth manager's top brass.
Australian shares have slumped at the start of the new trading week, with declines widespread as local markets follow Wall Street lower amid fresh uncertainty over US-China trade.
Wall Street has tumbled in a broad sell-off led by declines in big internet and technology shares, and the benchmark S&P 500 index posted its biggest weekly percentage drop since March as concerns over US-China trade tensions and interest rates convulsed Wall Street.
Oil prices ended the week more than two per cent higher after OPEC members and allies like Russia agreed to reduce output to drain global fuel inventories and support the market, but the gains were
Gold hit a five-month peak as the dollar slid following weaker-than-expected US jobs data, which added to expectations that the US Federal Reserve may go slow on interest rate hikes next year.
