Latest Headlines

Bosses slam ‘radical’ IR

ASX-listed engineering business DRA Global has booked an upswing in earnings and moved to a net profit for the first half of 2023, despite a decline in revenue.

Fortescue Metals chief financial officer Christine Morris departs after less than three months in the role and days after the abrupt exit of chief executive Fiona Hick.

Claire Tyrrell and Jack McGinn discuss those picking up the pieces from fallen builders.

The local share market has finished 0.1 per cent higher, closing out August 1.4 per cent lower after being down as much as 4.3 per cent a week and a half ago.

A rise in failed builders has led to more indemnity claims, but taking on the stalled work can be fraught.

Lawyers for descendants of mining pioneers Lang Hancock and Peter Wright have stayed busy ironing out issues related to the ongoing trial over billions of dollars in royalties.

Perth-founded internet service provider iiNet is shutting down its email service in a move that is expected to impact thousands of businesses and individuals.

FMR Investments has brought civil action against two former employees who were acquitted by a District Court jury earlier this year of stealing from the company’s Kalgoorlie gold processing operations.

The Federal Government has lauded its planned industrial relations changes as world-leading, but new details of the proposed reform have been slammed by leading business groups.

Junior miner CGN Resources has launched an initial public offering to raise up to $10 million to fund exploration in the West Arunta region in northern WA.

Good Drinks Australia has reported record revenue of $107 million in the 2023 financial year, doubling its presence in the Australian beer market.

Business investment has picked up because of solid growth across buildings, machinery and equipment, the Australian Bureau of Statistics says.

Flights from Port Hedland to Bali and Brisbane will resume for the first time since COVID through a new deal between the Town and its airport.

Miles from Nowhere’s Origin of Now range seeks to build on the winemaker’s 40-year reputation.

Battery metals miner IGO says it has reported its “strongest set of financial results” despite recording an almost $1 billion impairment charge against its acquired assets.

Shipbuilder Austal will book a $13.8 million loss for the year, as had been foreshadowed, and start a global hunt to find a new president for its US operations to replace Rusty Murdaugh.

Booming interest in a big box Pilbara business park has spurred a new land release which could net ratepayers $1.75 million.

Gold producer Perseus Mining has bolstered its profit by 70 per cent to $476 million after enjoying higher gold prices and increased production in the 2023 financial year.

Angela Bennett’s private company AMB Holdings has cleared a planning hurdle for its $20 million office move to another western suburb.

A proposal to house 152 workers near Kalgoorlie has been deferred for a second time, as authorities consider legal advice.

The consumer watchdog is taking Qantas to court, alleging the airline continued to sell tickets for 8000 flights that had already been cancelled.

From cattle stations to burgers, the truffle’s image is getting a working class makeover.

No overtime for gig workers in IR rules

Institutional and sophisticated investors have supported a $16 million raise for ASX-listed Ardea Resources to fund a study for its Kalgoorlie nickel project.

A Fortescue spokesperson has confirmed that team members working on the miner's Belinga iron ore project in Gabon are safe after reports emerged of a military coup.

Liv Declerck and Jack McGinn discuss the state's long-awaited 10-year vision for the arts and culture sector.

Oysters at a Forrest-backed farm near Carnarvon have been rendered unsellable due to a natural parasite taking hold at the site.

The local share market has posted its best performance in since July 13, rising 1.2 per cent as cooling inflation reduced the odds of another rate hike.

Market darling Chalice Mining has closed the day as the biggest loser on the local bourse after a hotly anticipated scoping study seemingly disappointed investors.

Updated guidance on medicinal cannabis use in the workplace and removal of barriers for industrial hemp production will be pursued by the state government.

The state government has again topped up its multi-million-dollar lifeline to fund the insolvent Griffin Coal Mining Company.