Latest Headlines

A group of young local entrepreneurs is preparing for the official opening of a new Northbridge music venue, having identified an investment opportunity and a gap in the local live music market.

The housing boom will continue to drive earnings in the medium term, says global construction group Lend Lease, which lifted half-year profit by 25 per cent to $315.6 million on the back of strong demand for apartments.

Mining and civil engineering contractor Maca has posted a 6.4 per cent increase in profit to $34.7 million for the six months to December, despite revenue taking a hit from recent mine closures, as the company shifted its focus onto gold projects in South America.

The board at Balamara Resources took drastic action last week in light of the dramatic fall in the company’s share price during the past 12 months, with managing director Mike Ralston announcing the intention to de-list from the ASX.

There's a flipside to being undervalued, according to Minotaur Exploration managing director Andrew Woskett, whose business has a $21 million market cap.

A depreciating currency and encouraging demand over the medium term spells good news for the state’s mining juniors, if they can ride out short-term fluctuations.

Standout junior explorers are finding investors for their mining projects, while others are cutting back on exploration and development to counteract a tough corporate finance market and increased government fees.

Macmahon Holdings’ shares have been smashed in early trading, falling by about 40 per cent after it was disclosed late on Friday that it had lost a major contract at Fortescue Metals Group’s Christmas Creek mine.

The Australian share market has opened flat as investors exercise caution until they get a clearer picture of how Greece's debt situation will unfold.

Engineering group UGL has suffered a first-half loss due to one-off write-downs and provisions as the slowdown in resource sector investment continues to bite.

Western Australia is ideally located to capitalise on the booming export of education to China, but it needs to be at the forefront of government policy in the coming years, according to the principal of the state’s largest independent school.

The Australian dollar is higher, as market sentiment improves on the back of a positive outcome in the Greek bailout negotiations.

Gold prices have fallen as a deal between Greece and its creditors took shape, easing worries about the eurozone and driving investors out of the haven metal.

Everything old seems to be new again in the resources sector, with a number of old projects being rebirthed under new management.

Power generation company Pacific Energy has trimmed its full-year earnings guidance after reporting a lower than expected interim profit, but says a contract at the Tropicana gold mine will help it return to growth in 2016.

East Perth-based financial services group Pioneer Credit has delivered an interim profit after tax of $1.6 million, but said it was still on track to achieve a FY15 profit of $6.6 million in its first full financial year as a public-listed company.

Perth Mint says a new agreement allowing the Australian Crime Commission access to documents is not related to any investigation.

John Poynton-chaired Warrington Property Group has made its first interstate acquisition, picking up a 7.9 hectare industrial site in Melbourne from Cbus Property in a deal understood to be worth around $40 million.

Perth-based Amcom Telecommunications has posted a 16 per cent slide in half-year profit to $9.3 million on the back of a fall in revenue from its IT services business.

Western Australian businesses borrowed more last year than at any time since the GFC, with commercial finance up 14.9 per cent to $44.8 billion on the previous year’s figure, according to recent data from the Australian Bureau of Statistics.

Mobile phone and internet covering across regional Western Australia is set to get a boost with 22 sites prioritised for the construction of 85 mobile phone towers, through the state government’s $45 million regional telecommunications project.

The Australian share market has closed lower in a choppy session bereft of positive drivers.

The state government is seeking expressions of interest to develop the heritage-listed East Perth power station site into a precinct that includes a mix of living, working and leisure opportunities.

Sixteen years after establishing Asphar Survey Group, and then building it into one of Western Australia’s largest surveying firms, Anthony Asphar is heading back to the jobs market after the demise of his business. Click through to also see the updated BNiQ list of WA's Top 10 surveying firms.

The regulation of potato production in WA has the business community bemused at how such an anachronism can survive.

Planned federal government reforms to the ‘significant investor visa’ program risk making the scheme unpalatable to potential migrants, according to 888 Fund managing director John Garland.

Reducing the effort and frustration of contractors attending a site, while mitigating risk.

Gas and power transporter DUET Group has stuck with its guidance for full year payouts to its shareholders despite a 60 per cent fall in half year profit.

Construction and development company Diploma Group will develop a four-level 24-apartment building in Subiaco, with a combined value on completion of $16 million.

Adelaide-based oil and gas producer Santos has frozen its senior executives' salaries after falling to a $935 million full year net loss.

The Australian share market has opened almost flat after a mixed night of trade on overseas stock markets.

A disappointing forecast from Wal-Mart and weakness in oil stocks have pushed the Dow lower, while the Nasdaq edged closer to 5,000 thanks to strong results from Priceline.