Buru Energy has sold off interests in two petroleum exploration permits in the Canning Basin to Rey Resources and Japan’s Mitsubishi Corporation for cash considerations of around $21 million.
The Cable Beach Club Resort and Spa, YHA Hostels and the Murray Hotel in West Perth were among the winners in the latest round of federal tourism grants designed to support regional development.
A bid to halve Sunday penalty rates for workers in the retail, fast food and hospitality industries has been rejected by the national workplace relations tribunal.
Australia's corporate regulator has proposed further rules on trading in dark pools, but described public concerns over high frequency trading as overstated.
Melbourne’s M2 Telecommunications Group has announced $248 million worth of acquisitions, including a $44.1 million bid for Perth-based internet service provider Eftel.
There will be recounts in two tight West Australian electorates, after the WA Electoral Commission declared Labor winners in both seats but by less than a hundred votes.
Silver producer Alcyone Resources' shares have tanked after it announced a management shake-up following the resignation of the company’s managing director Andrew King and two other board members.
The Australian share market bounced back on Friday as traders decided the economy is doing better than a preceding three-day run of losses would suggest.
Former police minister Rob Johnson has put up his hand for the job of speaker in the new parliament, saying he was previously endorsed for the role by Premier Colin Barnett.
Premier Colin Barnett has reacted angrily to a likely cut in the state's share of GST revenue, describing it as the "flashpoint" in relations with the federal government.
