US oil prices have sunk nearly eight per cent on worries about slowing global growth after Greek voters rejected a bailout offer and China moved to calm financial market turbulence.
US stocks have fallen moderately, joining most global bourses in moving lower after the Greek vote against further austerity measures raised fears the country could exit the eurozone.
Vacancies are rising rapidly in the residential leasing market, while at the same time median rents are falling; but that's just the market returning to normal from its recent highs, according to a prominent local property player.
South Australian construction and engineering company Ahrens has acquired Savannah Engineers for an undisclosed sum, expanding its existing Pilbara presence.
More than $20 billion has been wiped off the Australian stock market after Greece shocked investors with an overwhelming rejection of austerity measures that could lead to the country's messy exit from the euro zone.
A Perth not-for-profit group has galvanised support among its 180 members as part of a concerted effort to get the National Broadband Network rolled out to the 3,500 businesses in their district.
Australians are spending more than $3,000 a year on their commute, with the cost of getting to work increasing by 52 per cent, or $1,039, over the past five years.
AGL Energy will make more than $600 million worth of writedowns on its upstream gas ventures and sell underperforming businesses as it battles uncertainty surrounding oil and gas prices.
Local junior miner African Energy Resources has entered into an agreement for the potential sale of its Mmamantswe coal project to a South African project developer for up to $US20 million ($A26 million).
Upwards of 130 corporate finance transactions worth more than $11 billion were announced in WA in the June quarter, but most notable was a handful of landmark M&A deals.
The Australian share market is down well over one per cent in the wake of debt-ridden Greece's decision to reject international creditors' tough bailout terms.
The Fiona Stanley Hospital has won the top prize at this year's WA Architecture Awards, with Hassell, Hames Sharley and Silver Thomas Hanley commended for their design efforts.
Gold prices have firmed, rebounding from a three-and-a-half-month low as the USdollar softened, while investors remained cautious ahead of Greece's referendum on an international bailout deal.
France's Technip and South Korea's Samsung Heavy Industries have been signed up as the lead engineering and construction contractors for the Browse floating LNG project, continuing similar work they have undertaken for the Prelude FLNG project.
Brokerage firm Euroz is expanding its funds management offering, with the acquisition of Perth-based Entrust Private Wealth Management for around $7.8 million.
West Perth-based explorer Legend Mining will buy a large block of land in the Fraser Range and form an exploration joint venture with the highly successful prospector Mark Creasy.
Figures contained in a recent Productivity Commission review show subsidies to the mining industry are much lower than claimed by some critics of the sector.
The 33 cents of every dollar spent by Western Australians on Lotterywest games each week has pushed the state lottery's community contributions to a record high.
