Influential property developer Nigel Satterley has warned Perth’s apartment market is in danger of overheating, with excess supply a danger for investors buying off-the-plan.
Indigenous businesses are pushing for an increased emphasis on making the sector more sustainable in the wake of another significant native title settlement.
Myer boss Bernie Brookes says the department store giant is prepared for a potential drop off in consumer spending following this year's federal budget.
Investment bank Macquarie Group says strengthening global market conditions have helped boost its annual profit and expects further improvements from its business to come.
The vast majority of the late Paul Ramsay's $3.3 billion controlling stake in Ramsay Health Care will be transferred to his personal charitable foundation, the company has announced.
Shares in junior explorer Padbury Mining have plunged as the company resumed trade and revealed details of its short-lived $US6.47 billion ($6.89 billion) equity funding deal to construct a port and rail network at Oakajee.
The Australian dollar is under pressure as talk of possible tax hikes in the government's budget fuels expectations that interest rates will stay on hold for longer.
Mining giant Rio Tinto is suing Brazilian miner Vale and an Israeli company over the rights to develop the massive Simandou iron ore deposit in Guinea.
Brierty and three Aboriginal contracting firms have won a $300 million contract with Rio Tinto to complete mining and civil works on a project in the Pilbara.
The Federal Government’s commission of audit has outlined 86 recommendations aimed at saving the budget up to $70 billion annually, with pensions, Medicare benefits, tax concessions and public service jobs all in the firing line.
The Barnett government has moved to defer future payments to providers of reserve electricity in a key first move of its review of the state’s electricity market.
Mirabela Nickel has reported a 14 per cent drop in nickel production for the March quarter as the cash strapped company seeks to undertake a complex restructuring.
Amcom Telecommunications has inked a deal which opens the door to it selling cloud-based services to the potentially lucrative higher education market.
Perth-based mining and exploration company Mindax will reduce its board membership from six down to four as a part of a company restructuring effort designed to minimise costs.
The commission of audit could recommend including the family home in the pension assets test, cuts to education and health and a maximum co-payment of $20 to see a bulk-billing doctor.
Gold prices have edged lower after the Federal Reserve cut bond purchases as expected and said economic growth is back on track after dropping off during the winter.
Chevron Australia managing director Roy Krzywosinski and Rio Tinto Iron Ore chief executive Andrew Harding have joined some of Australia’s top business leaders in being honoured by the American Australian Association.
Woodside chief executive Peter Coleman has urged the company’s shareholders to be patient, as it works through multiple challenges affecting its growth projects and its operating costs in Australia.
Qantas chief executive Alan Joyce has described how the national carrier’s $2 billion cost cutting program seeks to strike a balance with its premium airline image and capabilities.
