Local miner Sandfire Resources has delivered its first-ever fully franked dividend to shareholders, despite an 11.7 per cent slide in net profit to $69 million for the financial year.
Three fast-growing gold miners have undertaken further expansion moves in Western Australia, with Evolution Mining announcing its intention to make a takeover offer for Phoenix Gold.
Nickel miner Western Areas has reported a 37.5 per cent rise in net profit despite a small drop in revenue, with the company focusing on reducing costs in the year ahead.
The corporate watchdog has warned that a future merger between any two of the remaining fixed broadband suppliers would raise serious concerns, while also giving the go-ahead for TPG Telecom’s $1.6 billion takeover of iiNet.
Gold prices extended gains to a one-month high after minutes from last month's US Federal Reserve meeting hinted at a decreased likelihood for interest rates to be raised in September.
Famed 1980s deal maker John Spalvins and Perth investor Brettney Fogarty pushed today for major changes at embattled copper mine Aditya Birla Minerals, putting dozens of questions to directors and the auditor at a four-hour shareholder meeting.
Balcatta-based drilling services company Imdex has confirmed reports it is seeking to undertake a $35 million capital raising to pay off debt, while also announcing a net loss of $22.5 million for the 2015 financial year.
Property giant Stockland is betting on Brisbane being the place to be for the next few years, as Sydney and Melbourne's booming markets finally come off the boil and the Perth market continues to slow.
Perth-based vehicle retailer Automotive Holdings Group has sold three of its east coast properties to trusts managed by Charter Hall, for $50.5 million.
Wall Street stocks have finished lower following a mixed batch of earnings from retailers, including Wal-Mart Stores, which tumbled 3.4 per cent after slashing its profit forecast.
Oil prices have risen modestly as traders looked ahead to weekly US commercial inventory data that could provide insights into demand in the world's largest consumer of crude oil.
Gold has fallen, as the US dollar rebounds following upbeat US housing data that supports views of a looming Federal Reserve interest rate rise, while silver tumbles on the heels of falling copper prices.
The Australian dollar is struggling to gain any ground, weighed down by Chinese share market volatility and an imminent Federal Reserve interest rate rise.
Securing Australia’s economic future will require a strong focus on harnessing the nation’s energy resources and further developing the global connections that provide pathways to both imports and exports. This is especially true in Western Australia, where energy is emerging as a sector of key state economic importance.
The Perth Market Authority's Market City is set to be the first major transaction in the state government’s asset recycling program, as expressions of interest in the fruit and vegetable wholesaler closed with a number of potential bidders.
Infrastructure Australia has released its preliminary assessment of the Perth Freight Link, which concludes the project will deliver net economic benefits but also raises questions about its cost.
The state government is seeking to extend the weekend, with new legislation to allow Western Australian pubs, taverns and small bars to trade until midnight on Sundays introduced in parliament toda
