Local tech company Fastbrick Robotics has rebranded as FBR, with the company aiming to broaden the use of its technology beyond bricklaying and construction.
The University of Western Australia remains in the top 100 universities in the world, while Curtin University has continued its move up the rankings, according to the 2019 QS University Rankings.
Andrew Forrest-chaired Fortescue Metals Group has taken a surprise 19.9 per cent stake in Atlas Iron, and says it will block the $280 million takeover proposed by diversified mining services business Mineral Resources.
The state’s residential builders may have struggled through a slowdown in activity in recent years, but that hasn’t stopped Summit Homes Group from pushing ahead with its $20 million investment in a new headquarters and client hub.
BN 25th Anniversary series- WA has been slow to introduce private ownership to some state industries, although a series of moves during the Court era generated benefits, according to one prominent WA economist.
AMP has been hit with a fourth shareholder class action over the scandals revealed at the Financial Services Royal Commission and the resulting damage to the embattled financial giant's market value.
Oil prices have fallen on worries that global supply is climbing after US inventories rose unexpectedly and Saudi Arabia and other big producers signaled that they may increase output.
Gold prices have stayed steady, see-sawing in a narrow range as a weaker US dollar and trade tensions provide support but investor anticipation of a US rate hike next week weighs on prices.
Higher prices for iron ore and oil and stronger-than-expected economic growth figures have helped boost the Australian share market and Australian dollar.
Millennium Minerals has secured a $17.5 million loan facility with Investec to fund an expansion of the company’s Nullagine gold project in the Pilbara.
Avita Medical has tapped investors for $16 million as the company prepares to launch its spray-on burns treatment, which was co-developed by medical entrepreneur Fiona Wood.
Several major agricultural irrigation projects are moving forward in the state’s north, with Pardoo Beef Corporation and Argyle Cattle Company among the proponents.
A joint venture established by global waste management company Veolia and indigenous partner Our Country has been awarded a multi-million dollar contract covering Rio Tinto’s entire Pilbara iron ore operations.
A second Supreme Court judgement in as many months has shed further light on the multi-billion dollar AVWest Aircraft business run by Perth rich lister Tim Roberts, who is in dispute with law firm Clayton Utz and Canadian manufacturer Bombardier.
Western Australia has recorded its first year-on-year economic growth in more than four years, while the national economy expanded 1 per cent in the March quarter, official figures show.
Metcash will take a $352 million hit in its full-year results due to weakness in the Western Australian economy and the decision of one of its South Australian supermarket customers not to renew its contract.
Brent crude have reversed losses, after hitting its lowest price in nearly a month following a report the US government asked Saudi Arabia and other major exporters to increase oil output.
Gold prices have risen as the US dollar has retreated slightly from close to a six-month high even as strong US economic data sealed the case for the US Federal Reserve to increase interest rates.
