Latest Headlines

Australia’s bid to reach the women’s soccer quarter finals at the 2024 Paris Olympic Games is over, following Canada’s gritty 1-0 win over Colombia in Nice on Thursday morning.

The city was one of three capitals to record an increase in office vacancy, with a 0.8 per cent rise in the last six months.

West Perth-based junior explorer Mindax has withdrawn from its memorandum of understanding with Chinese state-owned Xiamen to develop its Mt Forrest iron project.

Mercedes Construction, a commercial builder which claims to be linked to luxury Perth home builder Zorzi Builders, has brought in an administrator.

The ASX200 rose 1.8 per cent in its best single-day performance since late 2022, while the Aussie fell under 65 US cents for the first time in three months.

The majority of Decmil Group shareholders have backed mining services company Macmahon Holdings’s offer to acquire 100 per cent of its shares.

Nadia Budihardjo and Liv Declerck discuss trends in WA's tourism sector.

Mining heavyweight Rio Tinto has posted a $US5.8 billion half-year profit, but its iron ore earnings took a hit partly due to the automatous train collision in May.

Saracen Properties will tweak its $27 million Ocean Reef Shopping Centre design after receiving the green light from an assessment panel.

OPINION: Adapting to the nuances of an academic environment is something many leaders new to the sector struggle with.

Indigenous scientists are pushing for Aboriginal students to pursue STEM, focused on pathways to higher education.

North Perth-based junior GTI Energy announced on Wednesday that its 2024 drilling program has begun at its Lo Herma uranium project, located in the US state of Wyoming.

Battery metals miner Liontown Resources has transitioned from developer to producer after announcing first spodumene concentrate at Kathleen Valley today.

The property giant has leased 300,000sqm in FY24, including 120,000sqm in WA, via its industrial fund.

A BHP railcar left the tracks during work at the iron ore miner’s Port Hedland rail yard this morning, with no injuries reported and no materials spilt.

Business News has significantly overhauled the BN30 index, a proxy for the WA economy, with seven new additions, prompted by the exit of takeover targets MMA Offshore, APM and Decmil.

Uranium exploration company Peninsula Energy remains confident production will resume at its Lance uranium project at the end of the 2024 calendar year.

GOLD WRAP: Rain fallout for Gold Road; enlarged Red 5’s consolidated output above 450,000 ounces; and Westgold prepares for Karora.

The country’s annual inflation rate has increased to 3.8 per cent, up from the 3.6 per cent recorded in the previous quarter, recent Australian Bureau of Statistics data shows.

Regional airline Rex and its subsidiaries have entered voluntary administration, with EY appointed to run through its books.

Nicheliving’s building registration renewal has been refused due to financial concerns, as more than 230 homes sit incomplete across the state.

Visitor spending is up and direct flights are being added but international tourism to WA has slowed.

Australia’s first deep sea hyperbaric testing chamber has been unveiled in Henderson, promising to slash wait times for subsea industries wanting to pressure-test their gear.

Rex flight sales cut in survival bid

An outpouring of raw emotion – both happiness and sadness – prevailed across several venues at the 2024 Paris Olympic Games on Wednesday morning.

Nadia Budihardjo and Tom Zaunmayr discuss private funds.

The ASX200 finished down 0.5 per cent after slipping more than twice that in early trading, while Fortescue Metals fell to a 20-month low.

Barley exports to China have surged to new highs one year after trade tariffs were lifted, and major South American offtakers have taken a shine to Australia’s grains.

Poseidon Nickel has announced promising results from its gold exploration, pivoting its focus on producing the commodity after a terminated deal with Mineral Resources.

Perth-founded internet service provider Pentanet has posted a 13 per cent increase on year-on-year profits in its Q4 results, buoyed by improved customer retention and gross sales.

Bhagwan Marine kicked off its first day of trading on the ASX by announcing a small upgrade to its earnings forecast and outlining plans to expand its business.

Chalice Mining says there’s no need to raise capital in the foreseeable future as it continues to tighten expenditure amid market conditions.