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The Australian share market has closed higher for the seventh straight session due to support for high yielding local stocks.

The $1 billion return of cleaning and catering services firm Spotless Group to the share market is set to be the largest listing in nearly four years.

Oakajee is being rejuvenated not so much as a mining project but more as an infrastructure play.

In this week's edition of Business News Background, head of content Mark Pownall, news editor Mark Beyer and host James Lush discuss WA's infrastructure strategy, or lack thereof, the contractors winning work on big projects, WA's economic prospects and the Padbury Mining saga.

Troy Resources has warned it may not reach its financial year production target at its Casposo gold and silver mine in Argentina amid setbacks in accessing high grade ore sections.

Two Asian companies seeking control of food producer Goodman Fielder say they are undeterred by the company's rejection of their $1.27 billion takeover offer.

Western Australian-based company WBHO Civil has won a contract to continue construction of the National Broadband Network around Geraldton.

BC Iron has beaten iron ore sales guidance from its Nullagine joint venture for the March quarter despite lower than anticipated production in the period.

Can a ‘hackathon' help innovation in the mining industry? Perth is about to find out.

McAleese Resources has announced it will double its road haulage for Atlas Iron's Mt Webber mine.

The Property Council of Australia is set to release a report that calculates the true cost of poor planning and delayed infrastructure.

The share market has made a steady start to the week as renewed concern over tensions in Ukraine weighs on global markets.

The big four banks have defended their lending standards after a report linked them to companies accused of illegal land grabs in developing countries.

The Australian dollar is weaker amid escalating tension in Ukraine.

US stocks have slumped after a dim earnings outlook from Amazon sparked a big retreat in tech stocks and as world leaders signalled growing worry over Ukraine.

Western Australia remains the nation's best performing economy but the Northern Territory is a close second.

The battered party could start on the long road back by taking advice from Joe Bullock and its 1980s' team of MPs.

The federal government has announced it will spend an extra $1 billion on its Emissions Reduction Fund to reduce greenhouse gas emissions, but has failed to reveal what penalties will apply to companies that don't comply.

Two Western Australian companies pushing waste to energy projects worth more than $710 million are planning to start construction within the next year.

Taking a methodical approach to infrastructure planning helps build strong foundations.

The share market closed firm at near six year highs following a sixth consecutive day of gains.

Toll roads operator Transurban has extended its reach into Queensland, acquiring a string of Brisbane motorways from the Queensland government for more than $7 billion.

Energy and Minerals Australia has extended its trade suspension period to almost a month after signalling it has been unable to complete a proposed capital raising.

Subiaco-based explorer Resource and Investment has announced plans to raise up to $6.2 million through a discounted placement and share purchase plan.

The share market is continuing its upward momentum, opening higher after low inflation data prompted a rally.

Western Australian iron ore producer Atlas Iron achieved record shipments in the March quarter but has also been hit by weaker commodity prices.

Oil prices have fallen as US commercial crude-oil stockpiles hit an all-time high on the strength of production in the world's biggest oil-consuming country.

Gold prices are higher as renewed tensions in Eastern Europe and mixed US economic data buoy investor interest.

The Australian dollar is slightly higher as it struggles to recover from losses made after the release of weaker-than-expected March quarter inflation figures.

The state government has signed a native title agreement with the Ngarluma people of the Pilbara over land intended for a deepwater port at Anketell Point.

The WA and federal budgets will test the political resolve of the governments to make the hard decisions.

Perth-based company Thermomix has reaffirmed its commitment to community causes on the back of continued strong demand for its do-it-all kitchen appliance.