Australia's biggest lender to landlords has hiked interest rates for investors to meet the regulator's "speed limit", aimed at taking some of the heat out of the housing investment market.
Housing affordability in Western Australia is at its most favourable level in more than 10 years, according to new research by the Housing Industry Association.
Perth-based telecommunications business Vonex’s backdoor listing through acquisition by Aleator Energy has received a big boost after the Aleator share purchase plan closed 374 per cent oversubscribed.
RNI shares leapt this morning on news that the company is selling its Grosvenor gold project to Metals X in a scrip deal that will help the company refocus on its copper assets.
More progress has been made on the redevelopment of Garden City Booragoon, with AMP Capital lodging a development application for a $750 million revamp of the mall, which would make it the state’s
US oil prices have dipped, snapping a two-day streak of gains after a top official with OPEC reiterated that the cartel has no plans to cut petroleum production.
The Dow has been dragged lower by weak Procter & Gamble results Thursday, but the Nasdaq gained as food giant Mondelez raised its forecast after better-than-expected earnings.
Gold has fallen one per cent to a near five-and-a-half-year low as the US dollar rose after data showed that the US economy had improved in the second quarter, supporting views that the Federal Reserve would lift rates by year-end.
Engineering services contractor Wood Group Kenny Australia has been awarded a US$6 million contract for work on the Browse floating liquefied natural gas development.
A Singaporean supplier of cranes and heavy machinery has emerged as a substantial shareholder of mining services player McAleese Group, spending over $3 million to acquire more than 9 per cent of the company.
BHP Billiton’s annual profit statement to be released next month could contain a pleasant surprise for shareholders, and a nasty surprise for Australia.
O'Connor-based engineering services company Wenco has been awarded a structural, mechanical and piping contract by the KEP Recharge Alliance for the Beenyup advanced water recycling plant in Craigie.
Shares in technology hopeful Oz Brewing jumped 33.3 per cent after it concluded a reverse takeover deal with 3D printing company 333D, which was more than a year in the making.
Encounter Resources shares dropped today after the announcement that Antofagasta Minerals Perth had withdrawn from the from its previous Yeneena copper project $US20 million farm-in agreement.
Employment figures are due next week and may go some way to resolve the mystery of jobs growth that appears too strong to be consistent with an economy growing at less than its normal pace.
