Mining billionaire Gina Rinehart has lashed state and federal governments for imposing too many costs on the mining sector amid a commodity price downturn.
Gold prices have fallen more than one per cent, touching its lowest level in more than three months in what looks to be an eighth straight losing session as a robust US dollar and expectations of higher US interest rates curbed appetite for the metal.
This year's First Amongst Equals winner is a passionate medical specialist but he's also a visionary entrepreneur who has a lot in common with successful business leaders.
The number of loans for housing in Western Australia slid by 8.5 per cent in the first month of 2015, providing more evidence of cooling in the residential property sector.
The Association of Mining and Exploration Companies has applauded state government plans to review charges for the Utah Point bulk export facility at Port Hedland but wants the review extended to other ports.
Gina Rinehart's $US10 billion Roy Hill iron ore project is expected to begin shipping ore in six months and ramp up to 55 million tonnes per annum within 30 months, according to chief executive Barry Fitzgerald.
The companies that run Melbourne's trams and the Gold Coast's privately owned light rail service are set to enter the Western Australian market after buying one of Perth's major bus operators.
Tech companies Dubber Corporation and xTV Networks have announced major new deals after completing backdoor listings on the ASX, with investors in Dubber sitting on healthy gains today.
Australia ranks eighth on a global scale for digital attractiveness thanks to low market costs and risks, but the country is the second highest illegal downloader, an EY report has found.
Australian employees of oil and gas service provider Wood Group PSN can expect a salary freeze while contractors will experience rate reductions, a move the company said was in response to cost and efficiency challenges affecting the sector.
Shares in Gulf Minerals Corporation surged on news it had signed a $26.3 million equity funding deal with Sigur Holdings to cover development costs at its manganese smelting project in Indonesia.
Chevron and Shell have singled out high costs as a major challenge facing Western Australia's ability to further develop its globally recognised oil and gas industry.
Perth-based Doray Minerals has posted $4 million in net profit for the six months to December, on the back of lower cash costs and solid growth in gold production.
The competition watchdog has proposed to cut prices that other operators pay Telstra to use its copper network to provide telecommunication services to consumers.
Bob de la Motte's life story makes for interesting reading, for those familiar with his work at the heart of Perth's financial world and as a historical and socio-political snapshot told through sport.
The Australian dollar has hit a fresh six-year low as the weakest business confidence in almost two years reminds traders another interest rate cut is likely.
Gold has fallen to a three-month low, pressured by the US dollar's rise to its highest in nearly 12 years and renewed expectations of a midyear interest rate increase in the United States.
Iron ore rivals BHP Billiton and Rio Tinto are united in their forecast more high-cost producers will leave the market, but have stopped short of predicting how Western Australia's higher-cost producers will fare over time.
Perth-based minerals explorer Rift Valley Resources has signed a deal to wholly acquire the Mtemi Resources Group of Companies after completing a $4 million capital raising.
