Latest Headlines

$4b surplus, deficits to follow

Western Australia’s peak business lobby has called for a quick end to debate over imposing higher taxes on mining sector profits after a lift in the petroleum sector's profit tax.

Senior journalists Claire Tyrrell and Jack McGinn discuss a recent raft of activity in West Perth’s office market.

The local share market has bounced back from its third weekly decline, bolstered by gains in the energy, materials and financial sectors.

Takeover target Mincor Resources could be delisted from the ASX if Wyloo Metals does not achieve the 90 per cent stake needed for a compulsory acquisition.

Mitchell Matera was named First Amongst Equals at Business News' 40under40 awards on Friday night.

The latest world economic outlook released by the International Monetary Fund reveals a relatively bleak international growth forecast for the coming two years.

Darkstar Coffee Roasters has taken the top spot at an inaugural barista event hosted by Gina Rinehart backed Bannister Downs Dairy.

Silver Lake Resources has reaffirmed its disappointment in St Barbara’s alleged lack of engagement on a competing proposal, despite the target shutting down any hopes of a merger last week.

The Iustini family, known for Technical Resources, has partnered with former Hunter executive search director Gregor McNally to expand the recruitment business to senior hires.

Lynas Rare Earths has avoided the need to shut down part of its Malaysian plant after securing a six-month extension for its operating licence.

The Community Arts Network, Theatre Kimberley and Warlayirti Artists Aboriginal Corporation are among the recipients of the state government’s $900,000 regional arts funding.

Moves by mining magnate Gina Rinehart to expand her company’s presence in West Perth reflect broader sentiment in the area.

Westpac is raising its dividend 15 per cent to 70c per share as CEO Peter King says it has become a "simpler, stronger bank".

$2.4b gas tax rise must be last: APPEA 

Maali Group managing director Mitchell Matera was announced as First Amongst Equals at the 40under40 Awards for 2023, taking the top spot ahead of a varied cohort of Western Australia’s young business and community leaders.

Mark Pownall and Mark Beyer discuss interest rates, house prices, Albemarle’s expansion, Alinta Energy and Tattarang.

The state has dropped charges against a physiotherapist who was accused of involvement in WA's biggest public sector corruption scandal.

The former state treasurer has labelled policies that make housing more affordable as politically unpopular.

The local share market is standing up on its own despite concerns resurfacing over regional banking issues in the United States.

The Sporting Globe Bar & Grill, owned by Signature Hospitality Group, has announced it’s opening a new venue at the Floreat Forum shopping centre.

Journalists Jack McGinn and Claire Tyrrell discuss the $80.5 million Carillon City deal.

Perth broker Argonaut has brought in former Goldman Sachs executive Ben Clifford to helm the firm’s nascent gold fund and a new office in Sydney.

A dispute over an allegedly toxic environment in a Wembley house built by Ventura Homes has escalated to the Supreme Court of Western Australia.

Western Australia is expected to have its first private sector cyclotron operating by the end of the year following the opening of new facility to produce radioisotopes for medicine in Bayswater.

Rio Tinto chief executive Jakob Stausholm has spoken candidly about the miner’s pledge to reduce emissions, saying in hindsight he regrets setting a target for as soon as 2025.

The RBA expects growth to ease by more than earlier predictions as cost of living pressures and higher interest rates weigh on disposable incomes.

The first stage of Flat Rocks Wind Farm project, to be operated by Enel Green Power, is estimated to cost $200 million and expected to start by February.

Base metals producer Galena Mining has resumed production at its Abra mine in the Gascoyne region after it was impacted by weather induced delays.

WA’s year-long reign as the world’s most attractive mining investment jurisdiction has come to an end, according to the results of the most recent Fraser Institute annual survey of mining companies.

The federal budget will fund a national authority to manage the job losses and opportunities in switching from coal-fired power to widespread renewable energy.

Former Commissioner of the Australian Energy Market Commission Michelle Shepherd has been appointed chairperson of WA’s gas and electricity supplier Synergy.