Gold on Friday rose nearly two per cent, after dropping for four of the previous five sessions, as a weaker US dollar and falling equity markets underpinned demand for assets perceived as safer.
In an exclusive Business News survey, leaders of some of WA's top charities reveal they are more optimistic than last year, despite increasing competition for funds, challenging economic times and charity fatigue.
Western Australia's highest paid mining contractor is set to lose that title, after NRW Holdings joined most of its peers in cutting the salary of its chief executive by 40 per cent.
Regis Resources' return to good financial health has been confirmed with the declaration of an interim dividend, with the WA gold miner also today announcing changes to its management team.
Wild Acre Metals has flagged a second attempt at acquiring technology company Nuheara after the target completed a working prototype of its wearable IQbuds hearing product.
The Australian share market ended the session in red amid heightened concerns about the Chinese economy following major falls on international markets.
Shares in iron ore hopeful Sundance Resources were stripped of half their value after the company announced an aggressive cost reduction strategy that includes job cuts and a reduction in board size and remuneration.
Wesfarmers has announced plans to spend over $1 billion in the UK market after sealing a deal to buy the Homebase home improvement chain for $705 million and rebrand it as Bunnings.
Mining services firm Tempo Australia has won contract extensions with unnamed existing clients for construction, pre-commissioning and commissioning support services work, worth a combined $65 million for the year.
Business News has welcomed 2016 with a strategic shift in its publishing cycle, returning to a fortnightly production schedule from this first edition of the newspaper in 2016 which includ
SPECIAL REPORT: Livestock exporter Wellard has had a rocky start to life as a listed company after completing Western Australia's second-largest capital raising of 2015, and the state's sixth-largest initial public offerings of all time. Wellard's $299 million IPO was one of the few high points of 2015, when a lack of mining deals led a sharp slide in overall capital raising activity.
SPECIAL REPORT: Local firms Azure Capital and Hartleys punched above their weight in 2015 in what was a lucrative year for a handful of top corporate advisers in WA. Click through to see which corporate advisers, lawyers and brokers managed 470 M&A and capital raising deals.
Woolworths is abandoning its multi-billion dollar foray into the Australian home improvement market following years of losses, putting 7,000 jobs at risk.
Gold has risen nearly two per cent, after dropping for four of the previous five sessions, as a weaker US dollar and falling equity markets underpinned demand for assets perceived as safer.
Woolworths is understood to have finalised a deal to open a new supermarket in the southern suburb of Coolbellup, which will underpin a $65 million apartment development at the former Coolbellup Hotel site.
Apartment development at the northern gateway to Fremantle is gathering momentum, with listed player Mustera Property Group joining the fray, more progress for projects along Queen Victoria Street, and a $20 million, 71-apartment development application being lodged for a project on Beach Street.
This week Mark Pownall and Mark Beyer discuss apartments, Aurora gas team, Wesfarmers buy, more troubles for iron ore, the Palace Hotel, and the big deals of the past year.
Australian Reliance has become the third major insurance broker in Western Australia to change hands in the space of five months, with newly listed company PSC Insurance Group agreeing to buy the Perth-based group.
The battle for control of Aditya Birla Minerals has intensified, with bidder Metals X extending its $68 million takeover offer to late February while accusing the target of lacking transparency around expenses.
