Podcast: Mark Beyer and Mark Pownall discuss Canberra turmoil, John Langoulant, Perth property prices, Santos, nickel’s recovery and our special report – power and energy.
Prime minister designate Scott Morrison has admitted his party was battered and bruised this week, but committed to focus on unifying the country, with a review of the government's drought response his number one priority.
University of Western Australia vice-chancellor Dawn Freshwater has warned that the state is wasting an enormous economic opportunity by failing to promote itself as an education capital for foreign students.
Australian shares have opened higher, helped by strength in healthcare and resources stocks, but gains could be capped following a weaker finish on Wall Street overnight and domestic political turmoil.
Wall Street's major indexes fell as trade-sensitive stocks were hit by a fresh round of tariffs in the trade dispute between the United States and China.
Oil prices have steadied as the escalating trade war between the United States and China weighed on demand expectations a day after prices jumped on a big draw in US crude inventories.
Australian shares have fallen on Thursday with banking and utilities stocks down, while the turmoil around the future of Prime Minister Malcolm Turnbull has taken its toll on the Aussie dollar.
Diversification helped Murray Engineering boost its revenue during the resources downturn, and the business is now hoping its technology focus will create future growth.
Property developer Peet has reported an increase in net profit after tax for the 2018 financial year, entering FY19 backed by a state government contract for a 220-hectare landholding in Brabham, near the Swan Valley.
There will likely be three contenders to become Prime Minister tomorrow, reportedly including WA’s Julie Bishop, with Malcolm Turnbull preparing to call a second leadership spill.
The state government has contracted Deloitte and AECOM to undertake studies on shipping volumes and traffic flows that will be pivotal to its Westport outer harbour project.
US company Equinix has announced plans to expand its Shenton Park data centre while seeking to differentiate itself from the likes of NEXTDC and Fujitsu, which are also upgrading their Perth data centre operations.
US stocks have closed mixed, with the Nasdaq gaining on the strength of tech stocks while the S&P 500 was little changed as it marked its longest bull market run.
Oil prices have jumped three per cent, with Brent crude futures hitting a three-week high, after US government data showed a larger-than-expected draw in crude inventories and as Washington's sanctions on Iran signalled tightening supplies.
Santos is set to become the dominant supplier of gas in the Western Australian domestic market after striking a deal to buy privately-owned Quadrant Energy for $US2.15 billion ($A2.95 billion).
A solid run of upbeat profit results has failed to keep Australian shares aloft on Wednesday as political uncertainty and the abandonment of big business tax cuts dominated news of the day.
Perth-based GR Engineering Services has recorded a slight decline in net profit for the 2018 financial year due to two settlement claims, despite an uptick in the group’s revenue.
Company tax cuts have been jettisoned following defeat in the Senate, as Prime Minister Malcolm Turnbull mounts a defence of his leadership, while an eligibility cloud hangs over challenger Peter Dutton.
Local gold producers Saracen Mineral Holdings and Silver Lake Resources have announced solid growth in profits for the 2018 financial year, while Western Australia-focused St Barbara also registered a positive result.
Law firm Jackson McDonald has launched a branded secondment service in response to growing demand from clients and lawyers for more flexible working arrangements.
