Westfield will leave its Australian shopping centres behind in search of growth opportunities overseas after winning a tough shareholder battle over its $70 billion restructure.
Gold prices have posted the biggest daily gain in nine months, driven by investors who were caught flat-footed by the Federal Reserve's outlook for continued low interest rates.
The S&P 500 has edged to a new record as investors weighed solid economic data with ongoing violence in Iraq that pushed oil prices to a new nine-month high.
Oil prices have soared on escalating violence in Iraq, as government troops recaptured a major refinery and the US said it was sending in military advisers to train Iraqi forces.
Developer Ascot Capital has appointed national construction company Probuild to build its apartment development at 108 Bennett Street in East Perth, with construction expected to kick off in coming
GDF Suez and Santos have moved away from developing their Bonaparte joint venture project as a floating liquefied natural gas project, saying they will now consider other options, including helping expand Inpex’s Icthys LNG project.
Stockland boss Mark Steinert has indicated the company may not increase its $2.5 billion bid for rival property developer Australand to match a higher bid from Singapore.
A major shake-up in the national child care industry has resulted in the owners of five Western Australian chains reaping an estimated $150 million from the sale of their businesses this year.
Western Australia has maintained the country's fastest annual population growth rate of 2.9 per cent, however the rate of growth has slowed compared with last year’s figures.
The competition watchdog is taking legal action against Virgin Australia and Jetstar, accusing them of slapping hidden fees on passengers seeking discount airfares.
Australia’s largest water heater and appliance manufacturer Rheem has announced redundancies and the closure of its Welshpool factory, while investing $60 million to upgrade its east coast manufacturing operations over the next two years.
Perth exploration company Black Range Minerals intends to raise $2.1 million in capital through a placement and share purchase plan to fund its offshore projects.
The S&P 500 has bolted to a new record after the Federal Reserve kept its policy of ultra-low interest rates and did not accelerate the time-frame for raising them.
The organic famer who unsuccessfully sued his neighbour for allegedly contaminating his crops with genetically modified canola has decided to appeal the Supreme Court judgment against him.
Shares in Woodside Petroleum have fallen by 4.6 per cent after Royal Dutch Shell completed a sell-down of more than 78 million shares in the oil and gas producer.
The share market has fallen for a second straight day, due to a drop by energy stocks, including Woodside Petroleum, and weakness in the banking sector.
The establishment of a Southern Ports Authority has been postponed after the state government confirmed that three new regional port authorities will commence operations from July 1.
