The Australian dollar is lower after a surprisingly strong US jobs report increased the likelihood that the Federal Reserve's quantitative easing could be wound back sooner rather than later.
Premier Colin Barnett has defended the government's plans to sell the Kwinana Bulk Terminal to Len Buckeridge in the hopes of bringing to an end the BGC chairman's $1 billion lawsuit against the state.
Almost all of Western Australia’s independent schools have increased their fees and enrolled slightly more students than last year, according to Business News’ Book of Lists research.
The University of Western Australia has again dominated WA's portion of the latest round of federal government research grants, though the state's funding share continues to be underweight relative to its population.
A motion suggesting Prime Minister Tony Abbott scrap laws requiring balanced reporting by Australian media will be among those debated by the Western Australian branch of the Liberal Party at its state conference.
Energy giant Chevron expects to start building a new Perth waterfront headquarters in three years time after the state government touted the oil and gas giant as the first major owner-occupier at Elizabeth Quay.
Qantas had rejected an offer for government assistance in the leadup to the announcement that it will close its Avalon heavy Maintenance facility, the company's domestic chief executive Lyell Strambi says.
The Reserve Bank of Australia has revealed that the option to cut the cash rate further remains alive.And the Aussie dollar is what's keeping it breathing.
Gold has slumped toward $US1,300 after better-than-expected US economic data and an interest rate cut by the European Central Bank (ECB) bolstered the US dollar.
US stocks have tumbled despite a successful launch of trading in Twitter stock and report on US economic growth that bested expectations by a wide margin.
Wesfarmers chief executive Richard Goyder has defended grocery giant Coles' relationship with farmers, saying the high dollar and government regulations are a weight on the agricultural sector.
Osborne Park-based technology firm Stochastic Simulation has launched new software which it claims will enable oil and gas companies to achieve overnight a level of subsurface analysis which would have previously taken years.
It will probably take Gina Rinehart a few years to catch Bill Gates in the race to be the world’s richest person, but it is easy to see how she might overhaul the Microsoft founder’s swag of $75 billion.
Property executives were the big movers in this year’s Wealth Creators list, while the resources slowdown put the hurt on mining services directors’ fortunes.
The liquidators of timber plantation assets formerly owned by collapsed managed investment scheme Great Southern may have found a buyer for the assets, with an investment trust managed by Sydney-based company New Forests agreeing to purchase the plantations.
The Kailis family is planning to start its redevelopment of the Trigg Island cafe site next year, but it will be at least two years before it’s completed.
Fairfax Media has avoided a second strike and potential boardroom spill, but its directors still have not won the support of major shareholder Gina Rinehart.
