The Australian dollar appreciated by about 50 per cent in trade-weighted terms during the past decade. The appreciation was an important means by which the economy was able to adjust to the historic increase in commodity prices and the unprecedented investment boom in the resources sector.
Former Treasurer Troy Buswell is unlikely to return to parliament until at least April 10 but it remains to be seen whether he intends to remain an MP.
Michael Fotios, who made a fortune backing gold miner Northern Star Resources, is heading back to the stockmarket to tap into what he calls “a marked increase in investor interest over the last 3 months”.
Forge Group employees could be waiting up to six months to access $50 million owed to them and business creditors could be facing an even longer wait, according to Ferrier Hodgson.
A new Western Australian company has joined the Australian film distribution sector, hoping to carve out a niche in a market dominated by Hollywood and firms based on the eastern seaboard.
The federal government’s plans for an omnibus bill to cut red tape will have serious implications for the not-for-profit sector, according to the director of Curtin University’s not-for-profit initiative.
Perth-based marine farming company Cell Aquaculture has flagged a move into property investment, signing a heads of agreement to acquire two new projects in Asia for $83 million in an all-scrip bid.
Mine site water infrastructure group GFR has become the sixth Perth-based company to call in administrators in as many weeks, citing deteriorating trading conditions and significant contract delays.
Labor senators look set to ignore a plea from business groups to ditch the mining tax after opposition leader Bill Shorten reaffirmed his commitment to vote down the government's repeal legislation.
The Australian share market has closed higher as global markets rallied on the back of encouraging US factory production figures and relief that sanctions imposed on Russia after the Crimea vote were not too severe.
Chamber of Commerce and Industry WA chief executive Deidre Willmott has urged the Abbott government to go harder on its proposed industrial relations reforms, arguing more needs to be done to tackle union militancy.
The issue of electricity prices not surprisingly has emerged as a hot topic of discussion following the government’s recent announcement of a statewide review of the electricity market.
International engineering and construction company Laing O’Rourke has won a contract valued at more than $200 million for work on the Roy Hill iron ore project.
Ascot Resources has agreed to acquire the Wonmunna iron ore project from Ochre Group, which, in return, will receive a majority stake in the previously coal-focused company.
Agricultural chemicals and seeds supplier Nufarm will shut its Welshpool manufacturing facility as part of a cost-cutting restructure of its Australian operations, which will likely result in 105 j
Oil prices have fallen modestly as markets downplayed fears of disruptions to Western European energy supplies after Crimea voted in a disputed referendum to leave Ukraine and join Russia.
Leasing activity in Perth’s industrial land sector is beginning to show the first signs of recovery after a slow 2013, according to a leading sales agent, while at the same time demand from institu
Virax Holdings has agreed to acquire Pathway Oncology in a reverse takeover which will see the Australia-listed company gain control of a global licence for emerging anti-cancer technology.
Patersons Securities plans to introduce an employee share scheme to help bolster its net assets by at least $15 million, after posting its third interim loss in succession.
Two years after selling its stake in the failed Oakajee port and rail project, Murchison Metals is set to be absorbed by major shareholder Mercantile Investment Company.
Three business lobby groups with large representation in Western Australia have presented a united front to urge the Senate to repeal both the mining and carbon taxes.
Ramelius Resources will appoint chief operating officer Mark Zeptner to succeed retiring managing director Ian Gordon when he steps down in June after seven years with the gold miner.
