Australian shares open slightly higher after strong US non-farm payroll data released on Friday buoyed hopes that the world's largest economy is on the mend.
Weak equity values and a slowdown in deal flow have resulted in Perth-based stockbroker and funds manager Euroz reporting a sharply lower profit for the half-year to December 2011.
The state’s two major business groups appear to be divided over the merits of a new Public Utilities Office, with CCI welcoming its establishment but the Chamber of Minerals & Energy saying the
Perth’s house prices jumped by 0.5 per cent in the month of November, leading the first seasonally-adjusted increase in capital city house prices since December 2010.
Moly Mines has postponed its US$720 million Spinifex Ridge molybdenum project in the Pilbara, admitting that the mine development was not commercially viable at current market prices.
Weaker-than-expected revenue combined with faster-than-planned spending growth have resulted in the state government’s projected budget surplus being revised down to $209 million.
The state government will continue to work with Oakajee Port and Rail (OPR) on planned infrastructure developments in the Mid West, despite OPR’s exclusive arrangement expiring on December 31, 2011
Property group Stockland capped off a busy year for office sales in Perth, with the sale of a 50 per cent interest in Exchange Plaza for $157.7 million, taking the total value of CBD office sa
Privately owned Perth company CFC Group is set to substantially expand its operations after agreeing to purchase Cape Crushing and Earthmoving Contractors from VDM Group for up to $53 million.
Engineering contractor Monadelphous Group has won its first big contract in the marine construction sector, through a joint venture with Malaysia-based marine contractor Muhibbah E
Western Australia's indigenous affairs minister Peter Collier has refused to comment on an Aboriginal group's claim he eased mine consent conditions to help his mining magnate friend Andrew Fo
Australian stocks ended 1.2 per cent lower as another slump in retail stocks and sagging investor sentiment over the eurozone debt crisis weighed on the market.
South-Australian technology company Codan has agreed to acquire all shares in Perth-based resource communication technology company Minetec for $6 million, with up to $4 million in additional payme
A free smartphone application developed by Consumer Protection will help WA shoppers easily access information about their rights under the new Australian Consumer Law.
Leighton Holdings’ subsidiaries Thiess and John Holland Group have been awarded $300 million in contracts for the Chevron-operated Wheatstone gas project near Onslow.
Forge Group’s wholly-owned subsidiary Cimeco has entered into a $90 million agreement with Chicago Bridge and Iron to provide civil and concrete services for the early stages of the Australian Paci
Australian-based spatial content company nearmap.com has completed a capture of 5,000 square kilometres of high resolution photo maps over Australia’s economic engine room in WA’s north-west.
Australian stocks declined one per cent in thin trade after a muted reaction to the latest move to solve Europe's debt crisis took the shine off hopes for a Christmas rally.
Perth-based application developer Filter Squad’s Discovr apps have cracked the 1.5 million downloads mark, coinciding with the release of Discovr movies today.
Australian shares broke their two-day losing streak to end sharply higher after strong gains on offshore markets sparked hopes for a long-awaited Christmas rally.
A bid to mine coal in Western Australia's sensitive southwest tourism and wine-producing region has been rejected by the state government after the proponent appealed the original Environ
Ausdrill Limited is on track to deliver a $48-$50 million half-year profit after tax, an increase of between 32 and 37 per cent on the previous corresponding period.
