The Corruption and Crime Commission has released its second damning report in less than a week, calling for criminal charges against a former Horizon Power IT manager, his business partner and his accountant.
Newly-listed Wide Open Agriculture has signed a management agreement with a Netherlands-based investor and a group of Western Australian farmers in relation to a $4.3 million property in the Wheatbelt.
Fortescue Metals Group has posted a 58 per cent drop in annual profit for the 2018 financial year compared with the previous period, but has increased its dividend payout ratio to shareholders.
Retail giant Woolworths has posted a 12.5 per cent jump in annual net profit but has flagged that supermarket sales in the new financial year have come under pressure by the removal of single-use plastic bags.
US stocks have closed higher with the S&P 500 and the Dow Jones Industrial Average extending gains and the Nasdaq turning positive on reports of progress in tariff disputes between the United States and its trading partners China and Mexico.
Crude prices rose on Friday, but declined on the week on worries that oversupply would weigh on the US market while trade disputes and slowing global economic growth would dampen demand for oil.
This week Mark My Words covers a broad range of topics including international students, health department corruption, liquor licenses, Ausdrill and Barminco merging, our exclusive report on retail property, and our special projects list.
Midland Brick founder, the late Ric New, has been honoured for his influence on Western Australia’s building industry, receiving the Master Builders Association’s Robert Law award.
Australian shares have closed higher and the benchmark index has established a fresh 10-year high as an easing in US-China trade worries underpinned a week of solid company results.
Privately-held US group Black Mountain Metals, which has recruited three experienced Perth mining executives to its leadership team, has flagged a takeover bid for Poseidon Nickel at six cents per share.
Adco Constructions has broken ground on SwanCare’s $55 million retirement living and aged care project at Bentley Park, which will include a new residential care facility as well as a leisure precinct.
A new artificial reef sunk in the Exmouth Gulf this week is expected to add significant value to marine research and recreational fishing opportunities in the waterway.
Global Energy Ventures is developing a plan to develop stranded gas fields in Malaysia using its floating compressed natural gas technology, after signing a letter of intent with Kuala Lumpur-based Tamarind Resources.
Former chief executive of Craig Mostyn Group David Lock has been appointed independent director of the CBH Group board, replacing current member David Willis.
The next move for interest rates is up, but the outlook for jobs is good and a wage rise could be around the corner, says Reserve Bank governor Philip Lowe.
Subiaco-based oil and gas junior Calima Energy has raised $25 million through a placement, and aims to pick up a further $40 million through debt to underpin a drilling campaign at its Canadian exploration tenements.
Evolution Mining has lifted full-year profit 21 per cent to $263.4 million, helped by the sale of its Edna May gold mine in Western Australia for $90 million.
Australian shares have opened subdued, , despite Wall Street rallying overnight, as weakness in materials and healthcare shares continues to weigh amid a cautious approach by investors.
US stocks have rebounded with the Dow posting its biggest percentage gain in over four months, as positive earnings and waning trade jitters buoyed investor confidence.
Oil prices rose slightly as global markets steadied, recovering some of the previous day's two per cent slide, though a weakening outlook for crude demand kept prices in check.
Welshpool-based supplier of emergency refuge chambers to the mining industry, MineARC Systems, was declared the Telstra WA Business of the Year last night, while Perth Cat Hospital, Pachamama and Earbus Foundation also picked up prizes.
The share price of Perth-based Eden Innovations jumped as much as 28.6 per cent this morning after the company announced the largest single contract for its EdenCrete concrete additive.
Opinion: WA’s interest and those of other states are poorly aligned in terms of national energy policy, and the same is increasingly the case given US trade tensions with China.
Australian shares have closed flat, despite strong individual performances from Telstra, Treasury Wine Estates and QBE as materials and energy stocks came under pressure.
The state government has foreshadowed a new graduate visa scheme to attract international students to WA but has no plans to reverse earlier policy decisions that have contributed to a plunge in the state's share of foreign students coming to Australia.