The state government has trimmed its surplus forecast for the current financial year by $56 million as it lifts spending to meet the needs of an expanding population while revenue from mining royal
Henderson-based shipbuilder Austal has fallen $14 million short of its target for the retail component of a $78 million capital raising completed today.
MZI Resources has reached agreement with two major banks to secure a $54 million project finance facility for the Keysbrook mineral sands development south of Perth.
The frontrunner for Western Australia's first uranium mine says a delay in the federal environmental assessment process won't affect the proposed project schedule - for now.
The cost of so-called "poles and wires" utility infrastructure has been the biggest driver of electricity prices over the past five years, the Australian Energy Regulator has confirmed.
Ratings agency Moody's has downgraded its outlook for Western Australia's AAA credit rating to negative from stable because of the state's mounting debt.
Treasurer Wayne Swan has accused the opposition of twisting the facts about the economy as he continues to defend Labor's decision to drop its budget surplus.
US stocks swung higher on Thursday as the market appeared to show optimism about a potential deal in Washington to prevent the economy from going over the so-called fiscal cliff.
Australia's ability to repay its debt will be unaffected by the government's admission it's unlikely to deliver a budget surplus this financial year, a global ratings agency says.
The Australian dollar has finished the local session below 105 US cents for the first time in more than a week as the currency loses some of its safe-haven lustre.
A $30,000 fine imposed on Kentucky Fried Chicken for illegally employing children to work later than 10pm at three of its Perth outlets is not enough, an affiliation of 40 unions says.
The Australian share market has continued its stellar run, finishing higher despite falls on Wall Street amid caution about the outcome of the US budget talks.
The future of Telstra Corporation's Trading Post is under a cloud after the competition regulator blocked a proposed deal with online classifieds operator carsales.com.
The federal government's admission that a budget surplus was now unlikely has led to opposition charges that it has mismanaged the economy - a view which appears to resonate with WA Business News r
There has been a small burst of activity in the flagging new floats sector, with three Western Australian firms completing initial public offers this week, raising more than $25 million collectivel
