THE challenging residential property market has been stuck at or below the long-term average turnover for the past four years, according to the Real Estate Institute of Western Australia.
Consumer confidence has risen following two interest rate cuts in late 2011, but remains well below its level a year ago, according to a private survey.
Wesfarmers has long dominated the estimated $40 billion home improvement and hardware segment with its successful brand Bunnings, so it's no surprise rival retail giant Woolworths has packed its to
EMPLOYMENT and training company Skill Hire is poised to step up its expansion, particularly through acquisitions, after securing the backing of private equity investor Banksia Capital.
Iron ore miner Fortescue Metals Group has reported a solid rise in half-year profit today but also disclosed an expected jump in costs and delays to its ambitious expansion strategy in the Pilbara.
South African miner Exxaro Resources has taken a majority share of Perth-based iron ore explorer African Iron after last-minute acceptances of its $300 million offer.
Commonwealth Bank of Australia's (CBA) first-half cash profit has grown by seven per cent to $3.57 billion and the company has no plans for major job cuts.
US stocks were weighed down by unravelling debt talks in Europe and didn't get any help from a disappointing result on retail sales. The three major stock indexes were lower all day.
Western Australia's population is forecast to grow to 3,061,000 by 2026, according to the latest population projections released by the state government.
BHP Billiton has become a property player in the Pilbara with plans to develop more than 2.5 hectares of land in the centre of South Hedland, including a five-storey residential complex.
Labor has accused coalition MPs of double standards by talking up the impact of the carbon and mining profits tax on the economy while personally investing in mining companies.
Emeco Holdings has invested $50 million to expand its mining equipment rental business into Chile, establishing a new avenue of growth and gaining exposure to a new market.
Moody's downgrades of debt ratings of Italy, Spain and Portugal and, locally, softer commodity prices dragged the Australian share market almost one per cent lower.
Africa-focused uranium producer Paladin Energy has widened its first half net loss from the previous corresponding period even though it achieved record production.
Two long-awaited and much-debated marina proposals have inched closer to becoming reality, with Cedar Woods' Mangles Bay getting an environmental thumbs-up, and the state government committing to a
A South Korean firm has been has awarded the contract to build a huge processing plant offshore from Western Australia for the $US34 billion ($A31.8 billion) Ichthys gas project .
