The state government will invest $10 million into the redevelopment of Lathlain Park in the Town of Victoria Park, which will also be the new training home for the West Coast Eagles.
Premier Colin Barnett has denied his leadership is in jeopardy following recent poor polling and insists if anyone was dissatisfied with his performance they would tell him.
Treasurer Mike Nahan appears to have lost any hope his calls to change the GST carve-up will be heeded, declaring "we're on our own" after handing down the state budget yesterday.
Shares in North Fremantle-based Kingston Resources have surged on news the company plans to raise $6.8 million to fund the purchase and exploration of several lithium tenements in Western Australia and the Northern Territory.
Western Australia's peak business group has welcomed the state government's budget, but other business groups believed more could have been done for their respective sectors.
Gold has fallen as a strengthening US dollar prompted some buyers to cash in gains after its biggest daily rise this month, briefly paring losses after downbeat US jobs data.
Diploma Group chief executive Nick Di Latte has strongly denied claims by subcontractors that the ASX-listed company was behind on paying its bills, saying recent activity by the company had placed
The state government expects lower contracting and construction rates will deliver savings of more than $1 billion on its asset investment program over the next four years, but has not committed to any major new infrastructure projects.
The state budget assumes iron ore prices will average about $US47.70 a tonne in the coming financial year, substantially higher that what most forecasters have been tipping, and also includes a $41 million royalty concession for magnetite producers.
Treasurer Mike Nahan hopes to raise $16 billion from an expanded asset sales program, with Western Power and Horizon Power's Pilbara transmission lines now targeted but two other assets unexpectedly removed from the government's sell-off list.
The Barnett government expects to deliver Western Australia's largest budget deficit of $3.9 billion next financial year as it continues to grapple with shrinking revenue and higher spending.
The Australian Securities Exchange has confirmed plans to toughen its listing requirements to maintain the integrity of the market, including changes that will address what it says are emerging issues with backdoor listings.
Reiwa members reported a decrease in weekly sales to 549 this week. The overall 19 per cent decrease in sales over the week is attributed to an 18 per cent decrease in sales for houses, 15 per cent for units and 33 per cent for land.
Embattled Perth Lord Mayor Lisa Scaffidi has lost the support of her deputy, with James Limnios calling for her to step aside following the release of another report into her conduct.
Newly appointed Labor candidate for Fremantle, Josh Wilson, says he sympathises with the man he has replaced in what he has described as extraordinary circumstances.
Junior gold miners Dynasty Resources and Orinoco Gold have announced plans to raise a combined $2.6 million to fund ongoing work at their respective projects.
US stocks dropped and the Dow Jones industrial average suffered its worst day since February as feeble quarterly reports from Walt Disney, Macy's and Fossil undermined confidence across the consumer sector.
Treasurer Mike Nahan has poured cold water on a report that argued Western Power was a major cash spinner for the government, saying the corporation paid a net dividend of less than $30 million to the state last year.
The Department of Sport and Recreation and the organising bodies for several leading water sports have formed an Aquatics Strategic Steering Group to oversee a review into the state of the sector a
