Premier Mark McGowan says he would like the resources companies that make large profits out of the state's resources to do more when it comes to paying tax and fulfilling other corporate responsibilities, such as providing local jobs and content.
Wesfarmers has decided against spinning-off its Officeworks stores via an initial public offering due to the market's current dim view of retail stocks.
Coalition's war on banks gets personalThe relationship between the government and the big banks is now toxic after Malcolm Turnbull and his senior mini
The state government has introduced priority legislation that would give the auditor general new powers to audit local government councils, in order to raise the standard of accountability in the sector.
Construction will start on Sirona Capital's $270 million Kings Square Fremantle revitalisation project in August, with national construction contractor Probuild signed to carry out the works.
Professional services organisation KPMG hopes to better assist companies affected by changes to foreign worker laws after acquiring the Chamber of Commerce and Industry of WA's migration services division for an undisclosed sum.
Defence Issues Minister Paul Papalia says Western Australia has been dudded in the federal government's $89 billion naval shipbuilding plan, of which WA will receive just over $3 billion of work, while the prime minister has lauded it as “unashamedly nationalistic”.
Fremantle-based livestock exporter Wellard has appointed Chinese businessman Kanda Lu as an executive director in an effort to boost the company's expansion into China's beef cattle market.
Federal Labor is having a bet each way on the government's new billion-dollar bank levy, backing its introduction but supporting a banker's call for a public inquiry.
Mining explosives maker Orica has held on to its cautious full-year outlook after spending cuts and business improvement initiatives helped it offset higher costs in the first half of the year.
The Australian market has started strongly after the S&P 500 and the Nasdaq hit record highs in the US, powered by rising oil prices and advancing technology stocks.
Gold rose as U.S. political turmoil, a missile test by North Korea and a worldwide cyber attack fuelled demand for safe-haven assets, while weaker-than-expected U.S. data pushed the dollar lower, making gold cheaper for holders of other currencies.
Oil jumped 2 per cent to its highest in more than three weeks on Monday, topping $US52 a barrel after Saudi Arabia and Russia said that supply cuts need to last into 2018, a step towards extending an OPEC-led deal to support prices for longer than first agreed.
Henry's bank tax assaultThe federal budget's bank tax has taken tax policy back to the 1980s, disrupted the governance of the financial system, and perpetuated a dishon
Western Australian farmers are among the most optimistic in the nation, according to the annual Commonwealth Bank of Australia Agi Insights report to be released today, with 39 per cent likely to be investing in their businesses in the year ahead.
Poultry producer Ingham's Chicken will invest more than $70 million to build a new feed mill near Muchea as part of a plan to grow production volumes in Western Australia.
