Airline Virgin Australia expects to book an annual loss of $95 million to $110 million, blaming the difficult economy, competition, restructuring costs and the carbon tax.
Perth-based insurance broker John Barr has been banned permanently from providing insurance for engaging in misleading and deceptive conduct, potentially exposing clients to up to $40 million in lo
Diversified miner Straits Resources has put its Mt Muro operation in Indonesia on care and maintenance and is seeking to sell the mine as soon as possible.
Northern Star Resources has confirmed another record profit despite taking a $10 million hit on the values of its tenements and other assets over the 2013 financial year.
Mining magnate Gina Rinehart has written to two of her children, making an offer which she hopes will bring their litigation to an end, a court has heard.
Internet service provider iiNet has continued its growth through acquisition strategy with a deal inked to purchase South Australian-based Adam Internet.
Prime Minister Kevin Rudd's announcement of a September 7 federal election has been met with a dour response from Premier Colin Barnett, who says it is time to "get on with it".
A jam-packed week of economic data and corporate earnings amounted to only modest movement in US equities, as stocks closed out a hectic week of news only somewhat higher.
Energy Minister Mike Nahan has lauded the increased transparency he expects will follow the launch today of two gas market reforms, which have raised industry concerns about added costs and excessi
Business News for Western Australia. Friday August 2. Jessica Taylor reports. Mike Nahan praises gas reforms. Federal budget takes $33bn hit. Paladin Energy cancels mine sale.
The Australian share market has hit its highest point in more than two months as good signs from the United States overshadowed weaker local economic forecasts from the federal government.
Business groups believe Treasurer Chris Bowen has missed an opportunity to improve Australia's competitiveness, encourage economic growth and provide jobs.
Paladin Energy has completed a heavily discounted capital raising after scrapping the sale of a stake in its flagship African uranium mine after it failed to attract a high enough bid.
Tony Abbott has moved to neutralise the issue of education ahead of the federal election by dropping his opposition to the government's school funding plan.
Casino operator Crown is shaking up its senior management in a move that sees its Perth resort boss promoted at the expense of his Melbourne counterpart.
Liza Harvey will become Western Australia's new tourism minister, replacing Kim Hames who was forced to give up the portfolio after admitting an expenses bungle.
The state budget to be delivered on August 8 is expected to remain in surplus, despite the government preparing for a further major reduction in GST revenue.
