Matrix Composites & Engineering says the worst is behind it after recording a $2.9 million loss for the year ended June 30, a significant improvement on the previous year.
Adapting to change is often considered one of the keys to business success, and yacht maker turned sculptor and builder, Glenn Swarbrick, has it in spades.
Ten years ago this month, one of the state's most debated infrastructure projects opened at the Australian Marine Complex in Henderson. Business News analyses its impact.
Chilean workers have gone on strike at BHP Billiton's Escondida, the world's largest copper mine, over demands for an annual bonus and better working conditions.
A 10-year old commitment by Fortescue Metals Group to the state government has come back to bite the iron ore miner, after it was told it must commence negotiations for third-party access to its Pi
Tox Free Solutions' full-year profit has dropped by 13 per cent, with a series of one-off impairments souring an otherwise solid year of growth for the Perth-based waste management firm.
Average wage rates across the national economy grew by just 2.9 per cent over the past financial year, and economists tip continued low growth as rising unemployment signals a weakening labour market.
The mining sector's slowdown and fewer construction projects have caused a nine per cent fall in annual profit for services and engineering firm WorleyParsons.
The federal government has promised $22 million for seven new trade training centres at schools in Western Australia, part of Labor's 10-year, $2.5 billion program aimed at boosting trade education.
The resources sector union has been granted leave to appeal a decision allowing workers at Woodside's Pluto gas plant to be denied accommodation during wage-related industrial action.
The federal opposition is refusing to say when it will return the budget to surplus, with Liberal treasury spokesman Joe Hockey claiming the bottom line figures are "almost too unpredictable".
The managing director of collapsed Perth building firm Gavin Construction made an unsuccessful last-ditch bid to recover a failed Karratha laundry project just weeks before appointing administrator
Commonwealth Bank of Australia has posted a record $7.68 billion full-year profit.CBA's net profit for the year to June 30 was up 8 per cent from $7.09 billion in the previous year.
Events of the past week have shown that governments in Perth and Canberra face an enormous task getting their budgets under control, no matter which party is in power.
The Australian dollar is lower after the greenback was boosted by positive US retail sales data that sustained speculation the US Federal Reserve will begin tapering soon.
US stocks have closed in positive territory as corporate raider Carl Icahn revealed a large stake in Apple, sending the technology titan 4.8 per cent higher.
Who pays? That is a question no-one seems to be asking in the debate over solar-power subsidies, or the bigger question of who pays for the state government's debt binge.
Toronto-based gold miner Alacer Gold has appointed a new chief executive and will place its Australian operations into care and maintenance over the next 18 months, as it continues to seek a buyer
