Special report: A subsidiary of global banking giant Goldman Sachs is backing a local private equity player to develop a freight hub near Bullsbrook, in anticipation of increased freight movements connected with the state government’s Northlink WA project.
OTOC has reported a strong rise in revenue and earnings for the six months to December 2015, helped by its acquisition of three east coast surveying firms and two big contracts in its infrastructure contracting arm.
Listed companies Alliance Aviation Services and Virgin Australia have teamed up to help grow their respective charter businesses in the national fly-in, fly-out market.
Shares in Perth-based explorer Apollo Consolidated have surged on news it has struck an agreement with gold miner Newcrest Mining for its Seguela project in West Africa.
Aurizon has swung to a half-year net loss of $108 million after taking higher-than-estimated impairments from its West Pilbara iron ore project amid challenging market conditions.
Gold prices have eased after soaring five per cent the previous day, pressured by profit-taking after the biggest rally in more than seven years, but the metal was still set for its best week in four years as investors rushed to safe-haven assets.
Western Australian MP Ian Goodenough has called for a ministerial review into the federal government’s tightening of offshore investment regulations, saying the policy change is having an unintended detrimental impact on property development.
Veteran Labor Party politician Alannah MacTiernan has confirmed she will not seek to stay in federal parliament after the election due later this year.
Cirrus Networks has announced non-executive director and IT entrepreneur Matt Sullivan will transition to the role of managing director at the company’s next general meeting.
The north-west coastal suburb of Alkimos is Perth’s best prospect for capital growth for property investors in 2016, according to research group Onthehouse.com.au.
Richard Johnson reckons he’d be a millionaire if he had a dollar for every time an adult walked into his laboratory at Rostrata Primary School and said: “Wow, I wish I had this when I was a kid.”
A new book on Rottnest Island has blamed the governance structure of the holiday resort for the long-running failure to financially capitalise on its popularity as a tourist destination.
The state government has completed the first in a series of planned asset sales, announcing that it has concluded negotiations with an industry consortium to purchase the Perth Market Authority’s Market City.
Two weeks after Elizabeth Quay was opened to the public, construction trucks are coming back to Barrack Square, with work to begin on SKS Group’s DoubleTree by Hilton hotel next month.
Two of Perth’s largest architecture and design firms, Hames Sharley and Cameron Chisholm Nicol, have expanded by recruiting the founders and staff of two smaller Perth practices.
Potash explorer Elemental Minerals has received a $123.1 million cash takeover offer from a Hong Kong investment group, but the company was quick to list a number of reasons why the proposal wouldn’t succeed.
Treasurer Mike Nahan will not contest the deputy leadership of the state Liberal party, paving the way for Police Minister Liza Harvey, who is likely to be voted in unopposed.
Reserve Bank of Australia governor Glenn Stevens painted a mildly positive picture of the nation when he fronted a House of Representatives economics committee hearing today, saying the economy is growing at a modest pace despite the challenges of falling terms of trade and a wind-down in mining sector investment.
Energy giant Woodside Petroleum's decision to search for gas off the coast of Myanmar has proved fruitful so far, with the company announcing its second discovery this year.
Tailored virtual reality (VR) simulations for training or academic courses. The trainee or student can experience situations that would be impractical to achieve otherwise in a classroom environment.
