Latest Headlines

OM Holdings subsidiary OMM has been fined $150,000 for desecrating a sacred site in the Northern Territory.

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.

The Rudd government's revenues have taken a $33 billion hit amid worsening economic conditions.

Wine buyers looking for a high-quality semillon sauvignon blanc can rest assured that Western Australian wineries are a good place to start.

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 Australian share market has opened nearly one per cent higher.

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.

Setting the ground rules, and sticking to them, can make all the difference when embarking on a new business venture.

The Australian dollar has fallen to a fresh three-year low as strong US economic data raised the possibility the Federal Reserve will start winding down its economic stimulus program soon.

US stocks have rallied on strong economic data from China, Europe and the United States, pushing the S&P 500 to an all-time closing high.

In a recent column for Business News I questioned whether there was a bigger issue driving the surprise FBT tax changes proposed by the federal government, and whether these were worth examination once the early hysteria had died down.

Copper, gold and nickel explorer Thundelarra has unveiled a raft of new cost savings measures, including staff cutbacks and executive pay cuts, as it seeks to reduce overheads.

Law firm Slater & Gordon has acquired Perth-based law firm Gibson & Gibson, growing the national firm's Western Australian operations by a third.

Iron Ore Holdings is a step closer to kicking off its Iron Valley joint venture with Mineral Resources in the central Pilbara, after receiving approval today from the Department of Mines and Petrol

Andrew Forrest has condemned the naysayers who have declared China's and Australia's economic boom is all but over.

Business News for Western Australia. Thursday August 1. Shanna Crispin reports. Office vacancy rate increases. Perth house prices take a slight fall. Strike Energy raises $9.2 million and more.

The share market has edged higher despite the negative impact of speculation banks could be hit with a deposit levy.

Debt-laden Elders has sold its car interiors business Futuris Automotive to a US private equity firm for $69 million.

Another cut to interest rates may not help the economy, but it won't hurt it either, the boss of National Australia Bank says.

Treated waste water from toilets, showers and washing machines will be pumped back into the state's water system following a three-year trial.

Shares in Perth technology company Empired have risen slightly on news of a contract with Barrick Gold.

Finance Minister Penny Wong has declined to say whether or not the government plans to impose a deposit levy on banks, despite a fall in share market values.

A local health fund's new image is a result of an entire company overhaul.

Fremantle boutique brewer Little Creatures has celebrated International IPA Day in style, announcing it will add an India Pale Ale to its stable of permanent beers.

Export and import prices fell by exactly the same margin in the June quarter.

Two of the oldest names in Perth's advertising industry have disappeared as increasing competition from national firms puts pressure on local players.

LAST week the most ubiquitous brand launched an advertising campaign in which it proferred a newfound dedication to health awareness.

Treasurer Chris Bowen says a substantial hike in tobacco excise to raise $5.3 billion for the federal coffers will contribute to the government's planned return to a budget surplus, but more import

Oil and gas producer Strike Energy has raised $9.2 million through the sale of new shares to fund the next phase of drilling at its gas project in the Cooper Basin and received its first pre-paymen

Two property groups – Real Estate Institute of Western Australia and RP Data, working with Rismark International – have produced widely different estimates about housing prices in Perth.