A new lobby group associated with influential players in the power industry has warned the state government it risks a voter backlash at the 2017 poll if proposed changes to the sector trigger higher prices to households.
The future looks bright for Boral, with a string of major road and infrastructure projects on the horizon as the building products maker benefits from the residential construction boom in NSW.
A custom mouthguards maker that boasts AFL coach John Worsfold as a director has announced plans to list on the ASX through the reverse takeover of Perth-based explorer Mount Magnet South.
AGL Energy has swung to a half-year net loss of $449 million after accounting for writedowns from its decision to exit natural gas exploration and production.
Some of Western Australia’s lowest income residents may soon be able to access solar panels and other energy efficient devices following the announcement of a $250 million national package aimed at improving existing and helping build greener community housing.
Mincor Resources has reported a half-year net loss of $34.7 million while fellow nickel miner Panoramic Resources has cut its directors’ fees and board size to further slash costs.
Commonwealth Bank of Australia has lifted first half cash profit 3.92 per cent to a record $4.804 billion, but has decided against increasing its interim dividend.
Gold has turned higher but hovers beneath the previous session's seven-and-a-half-month high of $US1,200 an ounce, buoyed by risk aversion as equities remain volatile and the dollar extends losses.
Global oil supply fell by 0.2 million barrels per day in January, while falling demand growth and resilience of high cost suppliers could lead to continued downward pressure on prices, according to the International Energy Agency.
There is little immediate prospect of the state government expanding its current $5 billion asset sales program, despite Premier Colin Barnett seeming to flirt with the possibility this week.
Professional services firm KPMG inked its 11th acquisition in the past two years today, announcing the purchase of Melbourne-based Markets IT for an undisclosed sum.
Murchison-focused gold miner Ramelius Resources expects to report a boost in net profit to $28.7 million for the six months to December, on the back of increased sales.
The state government’s asset sales program has taken a step forward today, with Gresham Advisory Partners appointed as lead adviser for the partial sale of Keystart’s loan book.
The owners of egg producer Golden Egg Farms are set to reap a big profit after striking a deal with apartment developer Finbar Group for a $109 million project in Palmyra.
Renewed fears about slowing global growth have wiped $47 billion off the value of the Australian share market, which suffered its biggest fall in more than four months.
Crescent Capital Partners-controlled National Dental Care has entered the Western Australian market through the acquisition of Perth-based DB Dental for an undisclosed sum.
Perth-based explorer Image Resources has entered into an agreement for the purchase of a wet concentration plant, and an offtake deal for product from its Boonanarring mineral sands project near Gingin, with a Chinese zircon company to emerge as a major shareholder.
Cash Converters International has secured a new $100 million loan with Fortress Investment Group to support the lender and second hand good retailer's future growth.
