Latest Headlines

Philip Lowe will leave his post as head of the Reserve Bank, with Michele Bullock the first woman picked to lead Australia's central bank.

The separation of billionaire power couple Andrew and Nicola Forrest has caused acrimony between Nine's Australian Financial Review and rival Seven West Media newspaper, The West Australian.

Fortescue ‘safe’ despite Forrest split

Perth builder City Residence has become the latest building company to fail, amid a tight construction market.

Jack McGinn and Simone Grogan discuss the lead-up to the implementation of WA's Aboriginal cultural heritage laws.

The local share market closed 1.6 per cent higher after weak US inflation figures raised hopes the Federal Reserve could be nearing the end of its rate cycle.

Perth-based Lotus Resources and A-CAP Energy have agreed to a merger to combine their assets and be a major uranium player in Africa.

Bryan Hughes-chaired My Foodie Box is in talks regarding a potential management buyout of the ASX-listed stock which has plummeted 96 per cent since listing 18 months ago.

A series of share transfers and company restructures over the past six months mean that Andrew and Nicola Forrest will have a roughly equal split of their $34 billion fortune.

Paul Everingham-chaired resources sector IT solutions provider Cirrus Networks entered an ASX trading halt shortly after revealing a partnership with AI computing firm Nvidia today.

The Forrests have played down the impact of their separation on the companies in their domain but a growing body of research suggests otherwise.

A leaked WA Environmental Protection Authority report assessing appeals against the Woodside-operated North West Shelf LNG expansion project has prompted anger from environmentalists.

Warning bells are ringing louder in the commercial property sector as access to easy money dries up and rates keep rising.

A contentious apartment plan at the Chellingworth Motors site in Nedlands, estimated at $500 million, has been green lit almost a year after it was knocked back by the same panel.

The Western Australian Police Union says it has begrudgingly agreed to a wage policy which will mean minimum pay rises of $3130 for police officers in 2023.

The state government is cranking up its planning for the new Women and Babies Hospital at Murdoch with six early-stage engineering contracts awarded.

Corporate level focus on cyber security is on the wane in Australia and New Zealand despite a 70 per cent surge in criminals targeting customer records, a report by BDO has revealed.

BHP will seek to overturn a requirement for workers to be asked if they want to work public holidays before they are rostered on.

Supporters of a ‘yes’ vote in the Indigenous Voice to parliament have work to do ahead of the referendum.

PwC reveals partner pay, misconduct cases

Australian power couple Andrew and Nicola Forrest have announced their separation but say the split will have no impact on the direction of their business empire.

Simone Grogan and Jack McGinn discuss the state of play for the corporate finance sector in Western Australia.

Former WA treasurer Ben Wyatt has become an adviser to Australian Capital Equity, adding to the network of powerful individuals close to its chair Kerry Stokes.

Broad Construction Services has won a contract from the state government to redevelop facilities at Kalamunda Senior High School, a project previously handled by FIRM Construction.

The local share market has finished 0.4 per cent higher after a positive lead from the US, with rising commodity prices benefiting energy and materials sectors.

Rio Tinto and Sumitomo Corporation will trial hydrogen calcination technology at Yarwun Alumina refinery after a $32.1 million funding boost from the Australian government.

Assets predicted to play a role in the energy transition have emerged as a prominent driver on the local merger and acquisition front.

Perth-based IT company Velrada has been integrated into Nomura Research Institute (NRI) Australia & New Zealand, with its co-founders to exit at the end of July.

A memorandum of understanding between Fortescue Metals and PKKP Aboriginal Corporation is hoped to inform a new 'co-management model' underpinning the miner's existing and planned projects.

Reserve Bank governor Philip Lowe has laid out a major shake-up of the central bank in the wake of a wide-ranging review into the institution.

Recent data shows a 5 per cent increase in the number of homes completed in WA in the March quarter.

The local buyers, who are brothers and dermatologists, intend to transform the vacant site into a warehouse and logistics facility.