Two of Perth’s prominent business families have shed light on their future plans, after the Bennett family struck a deal to buy a marina operation in Fremantle from the Kailis family.
Former Gindalbie Metals managing director Tim Netscher is set to take the helm of gold miner St Barbara, when Colin Wise retires from the role as non-executive chairman next month.
Private equity group Auctus Chillagoe’s proposed takeover of Mungana Goldmines looks set to be defeated, with Mungana’s major shareholders announcing their intention not to accept the offer.
The wave of backdoor listings on the ASX has delivered nearly $90 million of extra capital to the tech sector in Western Australia, but the trend hasn’t all been positive, research by Business News has found.
Altona Mining has signed a joint venture agreement with a Chinese construction group for its Cloncurry copper-gold project in Queensland, with the partner to contribute $US214.5 million ($A278.1m) towards the project.
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Gold eased for the fifth straight session as traders awaited further news on Greece's negotiations with its creditors, while caution over the metal's longer-term outlook weighed on interest.
Health stocks have soared after the Supreme Court upheld a key provision of President Barack Obama's health care reform, but the broader market has fallen on worries of a Greek default.
Oil prices have fallen as traders kept an eye on Greece's prolonged negotiations with creditors to avoid a debt default and possible exit from the eurozone.
The Australian dollar is slightly higher against the greenback which was little moved overnight after the release of mixed US data and no progress in Greece debt talks.
Median rents in Perth are down around $50 from the peak of $475 per week in the middle of 2013, as the number of properties on the market continues to rise.
Western Australia has experienced its first year of negative interstate migration since 2002, according to the latest population data from the Australian Bureau of Statistics.
More than 94 per cent of Atlas Iron shareholders have voted in favour of the company's proposed $180 million capital raising, which is designed to ensure its longer-term viability.
Auditor-general Colin Murphy has found that state government ministers Kim Hames, John Day and Dean Nalder acted unreasonably and inappropriately when they withheld information from parliament.
The state government has announced an expansion of its Mobile Black Spot program, with plans for 130 new or upgraded mobile phone towers across regional and remote areas of Western Australia.
The owners of the Guildford Hotel say the historic property is in danger of sitting decrepit for the foreseeable future, after the City of Swan moved to impose a two-storey limit on apartment devel
MMA Offshore has won a contract to supply its marine logistics and supply base services for Chevron’s operations in the north-west, in a deal worth $100 million.
