The economic rationale behind the plan may be sound, but the prime minister and WA premier need to tread carefully when it comes to closing remote communities.
Plans for a $70 million DoubleTree by Hilton Hotel in Karratha appear to be in disarray, with the developer behind the project unable to source the funds required to begin construction.
Oil prices have surged after Saudi Arabian jets struck rebel targets in Yemen, sparking fears that an escalating crisis in the country could threaten crude producers in the Middle East.
Gold has pared gains after hitting a three-and-a-half-week high, after a knee-jerk reaction to escalating tensions in the Middle East knocked stocks and drove investors into lower-risk assets.
After more than a decade of strong interstate migration to Western Australia, the number of people moving to the west coast is being outstripped by the number of Sandgropers heading for the east coast, according to new figures from the Australian Bureau of Statistics.
Doray Minerals will seek to raise a smaller-than-expected amount of capital for its second gold project following yesterday’s announcement the state would leave royalty payments unchanged.
At first glance, the planned $600 million expansion of Perth’s Karrinyup Shopping Centre seems to run counter to the relentless march of internet retailing, especially as a fresh report predicts that 50 per cent of all retail sales will be made over the internet in less than 10 years.
Education services provider Navitas has entered into a 10-year agreement with University of Northampton to establish a pathway college for international students at the UK university.
Perth entrepreneur Zhenya Tsvetnenko has announced plans for a backdoor listing of his online advertising business Mpire Media, two months after an earlier, more generous deal was terminated.
The Australian Mines and Metals Association is calling on the federal government to fix uncertainty in the offshore oil and gas sector after the Federal Court reversed an earlier decision to allow changes to foreign worker visas.
Redevelopment works have begun at the Guildford Hotel, with the historic landmark expected to reopen by the end of this year, nearly eight years after it was gutted by fire.
KPMG has secured backing from more than a dozen major businesses for its Energise technology accelerator, which will provide financial and in-kind support to eight startup businesses servicing the energy and resources sector.
Empire Oil & Gas has kicked off a $15.7 million capital raising to fund new drilling at its flagship Red Gully North project and evaluate other projects in the Perth Basin near Gingin.
Federal Labor leader Bill Shorten is reluctant to back a solution to a stand-off with Western Australia about how GST revenue is divided among the states.
World oil prices have advanced on worries that political instability in Yemen could threaten key Middle Eastern petroleum producers, offsetting concerns about a growing US crude glut.
Gold has hit two-and-a-half-week highs, rising for the sixth straight session as upbeat German sentiment data helps drive the euro higher against the US dollar, and as expectations for an imminent US interest rate rise recedes.
Perth's infamous unfinished mansion, dubbed the Taj on the Swan, may finally be torn down after the local council made a unanimous decision to seek a demolition licence.
West Perth-based gold explorer Mount Magnet South has announced plans to sell its Kirkalocka project in the Murchison region to Ozchina Enterprises for $1.7 million.
Perth-based minerals explorer Newera Resources will proceed with its proposed acquisition of Arena Exploration in order to own a substantial proportion of the Plomosas zinc project in Mexico, following the completion of due diligence.
The state government has opted not to change commodity royalties in this year’s budget at the expense of almost $180 million in previously booked revenue.
Perth-based financial services firm Kikka Capital has partnered with a US financial technology firm to launch an Australian-first online lending platform aimed at small to medium-sized businesses,