Perth-founded technology business MOKO Social Media has announced it has raised $8 million through a share placement to further developments in the US.
A positive lead from Wall Street and a continuation of positive reaction to local earnings reports has helped take the sharemarket to its highest level in nearly six years.
Oil and gas producer Santos has announced a net profit of $516 million in line with last year's result as record sales revenue was offset by lower interest income and higher exploration costs.
Iluka Resources predicts demand for its products will recover over the next two years despite weaker prices causing a 95 per cent drop in its full year profit.
Engineering and construction contractor Calibre Group has reported a 13 per cent fall in half-year net profit, driven by a slump in revenue from its rail and transport business.
Western Australian town planners are working at capacity, with demand for their services being driven by an uptick of activity in land development as well as the state government's efforts to boost
Western Australians will see a lot of Prime Minister Tony Abbott and hear much more about the carbon and mining taxes as their Senate election is re-run.
The new owner of Shell's downstream assets in Australia has given assurances no jobs are at risk under its $2.9 billion deal to by the multi-national group's stations and Geelong refinery.
The building industry watchdog has launched court action against 76 workers who allegedly went on strike unlawfully at the $1.2 billion children's hospital project in Nedlands.
Regis Resources has been forced to suspend full operations at its Rosemont and Garden Well open pit gold mines in the Goldfields for at least three months after torrential rain caused extensive flooding.
Sandfire Resources has reported a 58 per cent fall in half-year net profit on the back of almost $60 million in depreciation and amortisation expenses and exploration costs.
Perth-based junior Mutiny Gold has launched plans to raise $4.1 million towards drilling at its Deflector copper-gold project in the Midwest, including a $1.5 million share placement to preferred mining contractor Ausdrill.
Global law firm Jones Day will open a Perth office in April this year with plans to focus attention on project disputes in the state's growing energy sector.
Telecommunications company iiNet has reported a 3.6 per cent increase in revenue thanks to new broadband customers and increasing turnover from small business customers.
A peak industry group says new data showing a drop in apprentice and trainee commencements is cause for concern and reflects continuing employer uncertainty about the state of the economy.
New hotel developments in Perth and Fremantle will add up to 2,500 rooms during the next five years, with this number potentially growing to more than 4,000 if several proposed projects go ahead.
Western Australia has reclaimed its position at centre stage in the money world, not because it is sucking in development capital but more so because it has become a global cash cow.
Mining equipment supplier Emeco Holdings has posted a $180 million half-year loss, writing off $158 million in goodwill amid softness in the mining sector.
Litigation funder Bentham IMF and law firm Slater & Gordon will pursue a potential class action against failed engineering contractor Forge Group amid allegations of misleading and deceptive conduct by the company.
The Australian dollar has fallen against a stronger US dollar following the release of Federal Reserve minutes showing it was determined to wind back its economic stimulus program.
