Local explorer GTI Resources has terminated plans to acquire Poseidon Nickel's Windarra gold assets near Laverton, after missing a near-$1 million payment deadline.
BHP throws $4.5bn shale surge at ElliottBHP Billiton has hit back at claims from activist fund Elliott Management that US shale ground trading has destroyed value, with
The Australian dollar is higher against its US counterpart which also had ranged sideways with little data to direct it and traders in the US and Britain away for public holidays.
Oil prices have risen slightly, barely paring last week's steep losses with the market remaining cautious as increases in US drilling activity have undercut an OPEC-led push to tighten supply.
Gold has held near its highest in a month in holiday-thinned trade, with a softer US dollar and a retreat in stock markets helping the metal cling on to the previous session's gains.
The red tape facing some businesses is having consequences beyond merely increasing compliance costs, according to chair of the federal government's Black Economy Taskforce Michael Andrews, and is a contributing factor in tax evasion far more significant than any similar activity undertaken by multinationals.
SPECIAL REPORT: Technological change is making parts of small business, such as managing accounts and chasing up invoices, less time and cost intensive.
A slide in banking stocks has driven the Australian share market to its lowest level since March as investor nervousness about regulatory activity weighs on financial stocks.
The lobby group representing Australia's big businesses has called on the sector to sign up to its new voluntary payment term code in a bid to stave off regulatory changes.
OPINION: More does not always mean better. This fact of life, told by generations of mothers to their children, is something Australia's banks are discovering as they fight to defend their handsome profits from the latest tax raid.
Five local companies will share in a combined $92 million worth of contracts awarded by the state government, with the majority of the work comprising school construction jobs.
Plastic bags are being shunned by councils in Western Australia, which are making the most of Premier Mark McGowan's support for local governments to ban the bag.
Mineral sands miner MZI Resources has tapped its major shareholder Resource Capital Funds for a $US5 million ($A6.7 million) debt financing deal to expand the mining area at its Keysbrook operation near Serpentine.
Perth IT firm ASG Group has made an all-cash $123.4 million offer to acquire Melbourne-based SMS Management & Technology, but the target has maintained its recommendation of an offer previously put forward by another competitor.
The Environmental Protection Authority has recommended approval of the second stage of Water Corporation's groundwater replenishment scheme, which will boost Perth's drinking water supplies.
Finance director Terry Bowen will become the third top Wesfarmers executive to retire from the Perth-based conglomerate in the space of 12 months, with the group announcing three senior appointments along with details of incoming managing director Rob Scott's remuneration package.
The Australian dollar is a little higher against its US counterpart as the US dollar lifted amid better-than-expected American gross domestic product figures and rebounding oil prices.
Oil prices have rebounded, rising more than one per cent, but Brent crude ended the week nearly three per cent lower after an OPEC-led decision to extend production curbs did not go as far as many investors had hoped.
Gold has risen to its highest in nearly four weeks as political uncertainty led investors to favour bullion over assets considered riskier such as stocks.
BHP, Rio face fresh tax threatIron ore giants BHP Billiton and Rio Tinto are facing a fresh tax grab in Western Australia just months after seeing off the WA Nationals'
A battle for control of the Earl Grey lithium deposit near Southern Cross between junior miners Kidman Resources and Marindi Metals will get under way in the Supreme Court today, with the trial expected to conclude within three to five days.
Farmers, cooks, producers and consumers will join one of Australia's top chefs Ben Shewry this Sunday for a series of workshops, panel discussions and talks as part of Perth's inaugural Food and Drink Symposium.
Big companies are bullying smaller businesses in Western Australia, with more than half reporting they're not being paid on time, according to a new report.
Early works have begun on the state government's planned redevelopment of the Shenton Park Hospital into a residential and retail precinct, with expressions of interest for the first two lots to open next week.
An improved iron ore price delivered huge boosts for mining magnates Gina Rinehart and Andrew Forrest, who were two of the three Western Australians to feature in the top 10 on the nation's best known rich list.
