Margaret River winery Vasse Felix is set to acquire the principal assets of Watershed Premium Wines, under a $20 million deal that allows Watershed’s cellar door and restaurant to continue operating under a two-year lease agreement.
Shares in local contractor NRW Holdings were up 9.2 per cent today after the company said its order book had increased to near record levels of $2.05 billion, while also saying the business was well placed to be involved in Western Australia’s major upcoming iron ore projects.
Accounting firm UHY Haines Norton will have three offices in Western Australia following a merger with national outfit Sothertons, while Moore Stephens Perth - which absorbed the old UHY practice in WA in 2015 - has announced changes to its leadership team.
The battle for Atlas Iron has taken another twist after Fortescue Metals Group submitted an application to the Takeovers Panel questioning the veracity of the $390 million takeover offer by Gina Rinehart’s Hancock Prospecting.
Collins Foods, Australia's biggest KFC franchisee, has lifted full-year profit by 16 per cent, buoyed by the addition of new stores to its network, and despite the Western Australian market being an under-performer.
Roger Federer is sticking with his recent successful formula as he eyes a record-breaking seventh Australian Open title in January, committing to return to the Hopman Cup in Perth.
BHP and joint-venture partner Vale have reached a framework agreement with Brazilian prosecutors to negotiate settlement of a $A55.35 billion claim relating to the fatal 2015 Samarco mine disaster.
A private Perth company led by former oil and gas executive Andrew Ross is close to realising its vision of building artificial wave parks across Australia.
The Australian share market is sharply lower, after global equity markets tumbled amid mounting fears of a trade war between the US and other leading economies, especially China and Europe.
The Australian dollar has fallen against the US dollar amid a drop in oil prices with a looming lift in crude output and a worsening of the trade war between China and the US.
Oil has fallen as investors prepare for an extra one million barrels per day (bpd) of oil to hit markets after OPEC agreed to raise production and as US equity markets slipped on trade war fears.
Gold is hovering near last week's six-month low as investors flock to US Treasuries rather than bullion, amid concerns over a global trade war ratcheting higher after a report said the United States plans to bar Chinese companies from investing in its technology firms.
Sitting empty for three decades, the old Swanbourne Hospital site has been given a new lease of life, reopening as a high-end aged care residence and function venue.
The federal government has launched an inquiry into cheap imports of ammonium nitrate following an application by three local manufacturers, including Wesfarmers subsidiary CSBP and Orica.
The Australian share market has lost ground on Monday after losses in the finance sector following Commonwealth Bank's announcement it will spin off its wealth management business.
Western Australian electricians are the most expensive in Australia, while the majority of the state’s other tradies are near the national cost average, according to new data out today.
A key government advisory body has recommended the Iconic Scarborough twin-tower project be given the green light when the Metropolitan Redevelopment Authority board meets tomorrow.
Work is continuing on the stage one expansion at Greenbushes lithium mine, according to Talison Lithium, despite the business hitting a legal speed bump in a dispute with Global Advanced Metals.
The Perth-based Guylian Belgian Chocolate Cafe franchise has been placed into liquidation, just over a year after the business opened on St Georges Terrace.
While cost savings are one reason for greater automation in workplaces, ever-improving robotic capabilities are hastening the uptake in a range of industries.
Three junior explorers have announced capital raisings worth up to $29.5 million, with Denis Waddell-led Orion Minerals tapping investors for $17.3 million.
Perth-based MACA has been awarded a number of new contracts, totalling about $60 million, including a $12 million variation to works at the Gruyere gold project near Laverton.
Metcash shares have rallied after the supermarkets wholesaler announced a $125 million share buyback alongside an impairment-driven full-year loss of $149.5 million.
Junior gold explorers Spitfire Materials and Excelsior Gold, which own neighbouring projects north of Kalgoorlie, have agreed to a merger, with the new entity worth about $80 million.
Commonwealth Bank will demerge and list its wealth management and mortgage broking businesses, with its CommInsure insurance unit possibly next on the chopping block.
The Australian share market is broadly flat in early trade as strong gains across energy and resource stocks are offset by the heavyweight financial and healthcare sectors.
Gold prices rose from six-month lows on Friday as the dollar slipped, but the modest nature of the recovery suggested speculators might still be poised to pu
Oil prices have soared after oil producers agreed to modest crude output increases to compensate for losses in production at a time of rising global demand.
