Three months after the Metropolitan Redevelopment Authority rejected its $450 million Iconic Scarborough proposal, developer 3 Oceans Property has emerged with a set of revised plans that feature slimmer towers and a renewed focus on tourism.
Australian shares have plunged to a six-week low after fears of a US-China trade war, with Bluescope Steel and a number of local resources stocks suffering the worst impact.
Pacific Energy has strengthened its position in the remote power market by striking a deal to acquired Kewdale-based Contract Power Group for $90 million in cash and shares, adding to its existing operations through subsidiary Kalgoorlie Power Systems.
PODCAST: In this Business News podcast Mark Beyer and Mark Pownall discuss Trump's trade war WA impact, residential property prices, population and labour statistics, World Trade Centre, Pacific Energy, ride sharing and our special report Most Influential.
Auris Minerals chairman Bronwyn Barnes has disclosed that some of the people seeking to oust her had been negotiating a farm-in proposal last year without the knowledge of the company's board.
Lazy Frog Booking is a travel booking website that provides users with the ability to search for deals on flights, hotels, cruises, car rentals and travel insurance.
Perth-based mining company South32 has implemented new leave provisions that exceed those of most other employers, offering six months' parental leave on full pay and up to 10 days of paid domestic violence leave.
Subiaco-based Carbine Resources has pulled the pin on its planned redevelopment of the Mount Morgan copper-gold project in Queensland, in which it has already invested $12 million, while managing director Tony James and two directors have tendered their resignation.
Alkimos Beach and Elizabeth Quay have won top honours at the Urban Development Institute of Australia's national awards for excellence, presented in Melbourne last night.
Internet service providers Dodo, iPrimus and M2 Commander will compensate almost 6,000 customers after admitting they likely breached consumer law by offering national broadband network speed plans they could not deliver.
Australian shares are sharply lower after the Trump administration slapped sanctions on $US48 billion worth of Chinese imports, and imposed restrictions on Chinese investment.
Oil prices have dropped after investors took profits after this week's rally and as US stock markets fell, but losses were limited by the continuing efforts of OPEC and its allies to curb supplies.
US stocks have fallen about 1 per cent on the growing threat of a global trade war as the Trump administration plans to impose import tariffs on China and as technology stocks stayed under pressure
The growing spectre of online shopping has not deterred one of the country's largest retailers from investing in its bricks-and-mortar assets, with David Jones opening its fifth Western Australian store today as part of the final chapter of Mandurah Forum's $350 million redevelopment.
The private group behind ambitious plans for a $1 billion-plus World Trade Centre development in Perth has prepared updated designs focused on the Megamart site it already owns in Northbridge.
Western Australian unemployment was up 0.2 per cent in February to be 6 per cent in seasonally adjusted terms, according to the Australian Bureau of Statistics, while Australia-wide employment grew by a record amount.
Most of the 63 Myer stores around Australia are likely to be at break-even and the veteran retailer must shrink to survive, a new analyst's report says.
Iron ore prices will fall more than 10 per cent to be about $US60 per tonne next year, partly driven by increased scrap metal availability, according to Citigroup Asia commodities strategist Tracy Liao.
Australis Oil & Gas has tapped investors for $39.2 million, with the proceeds to allow for drilling to commence at the Tuscaloosa marine shale later this year.
Global payroll and tax compliance specialist activpayroll has set up an Australian headquarters in Subiaco to grow client capacity, as its Perth-based subcontractor, Proactiv Payroll, takes on new ventures.
Western Australia has continued its trend of marginal population growth, with the state registering growth of 0.9 per cent for the 12 months to September, as interstate migration remains in negative territory.
Building materials company Brickworks said today its Western Australian division has returned to profit following a major restructuring, one month after competitor Boral said it recorded a break-even result in WA.
The Australian share market is trading lower after US stocks dropped in late trade following the US Federal Reserve's first interest rate hike for the year.
