Treasurer Rita Saffioti has defended the state’s Metronet investment and gone into bat for business on Nature Positive law reform in her first post-budget breakfast address.
GR Engineering Services has won a $71 million contract for work on delivering and commissioning of Liontown Resource's paste plant facility at its Kathleen Valley project.
The federal treasurer acknowledges some people can't afford to have more children and is committed to helping families to do so, if that's what they want.
Cable landing stations are essential to communications infrastructure worldwide, powering undersea fibre optic cables and facilitating data transfer across oceans.
The Liberal Party WA has accused the state government of squandering the “largest fiscal boom in state history”, in response to Rita Saffioti’s first budget as treasurer released today.
Resources royalty reliance and a lack of action on payroll tax were among the key observations from business groups digesting today’s state budget – the first from Treasurer Rita Saffioti.
Ratings agency S&P Global Ratings has expressed surprise that the state budget will dip into a cash deficit this year but otherwise was effusive about the health of WA’s finances.
Shares in Kewdale-based Wide Open Agriculture fell sharply on Thursday, following news of the company's intent to raise $10 million in order to aid both its present liquidity needs and short-term objectives.
A record $12.1 billion will be spent through the state’s asset investment program in 2024-25, part of a $42.2 billion outlay forecast over the four years to the end of 2028.
Surging investment in resources projects has bolstered economic growth this year while in future years Treasury expects housing and government investment to be the key drivers.
The state government has allocated $2.7 billion in the 2024-25 budget to spend on Metronet while the estimated cost for the original commitments has blown out.
The state government has made an upward revision to its long-term iron ore price forecast, as lower-than-forecast critical mineral royalties highlight the volatility challenges facing the economy.
The state government has forecast continued budget surpluses but behind the headline numbers lie big “cash deficits” and a large increase in state debt.
Shares in West Perth-based Caprice Resources rose by 50 per cent on Thursday afternoon, following news that the company plans to acquire a 90 per cent stake in the Bantam project, located in the West Arunta region of Western Australia.
Victoria Park-based explorer Raiden Resources has entered into an option agreement with Mallina Corporation, as it plans to divest its Pilbara-based Arrow gold project.
The state government has set aside half a billion dollars to fast-track clean energy and major industrial projects around the state and set aside some $36 million to expedite approvals as part of today’s state budget.
NEXTDC will expand its Malaga data centre with a five-storey building, after a development assessment panel greenlit the data storage company’s $56 million plan.
The federal government has formalised its view of gas as an energy transition fuel, committing to new projects as a means of maintaining reliable and affordable supply beyond 2050.
