The ASX200 has edged higher to lift itself out of a three-day losing streak, as gains in IT stocks and financials outweigh a sluggish materials sector.
Long-running Perth-based retailer Betts Group is continuing to struggle, with the business incurring its fourth loss in seven years, while annual sales have halved over the same period.
Mali-focused Resolute Mining has entered a trading halt, pending a market update regarding media speculation surrounding the status of three of its employees in the country.
The WA government is yet to sign land deals for two industrial hubs nearly two years after it offered the sites to green energy and manufacturing proponents.
The boss of a company mired in years of approvals delays for a project in Perth’s north-east says the state should look to global examples for ideas to improve efficiency.
Fortescue’s proposed Gibson Island hydrogen project in Queensland appears to have been scrapped, with partner Incitec Pivot Limited revealing a plan to sell the site.
Henderson-based Civmec has told shareholders to expect lower levels of activity during the back end of the 2025 financial year, citing delays to the awarding of key projects.
Lithium aspirant Wildcat Resources has responded to a series of media allegations relating to an Australian Securities and Investments Commission-led investigation.
Gina Rinehart’s Hancock Prospecting has grown its stake in Las Vegas-headquartered producer MP Materials, building on the mining magnate’s rare earths portfolio.
Australia has recorded another month of solid employment growth, reinforcing the expectation of no interest rate cuts until mid 2025, though WA has bucked the positive jobs trend.
Long-serving state government under-treasurer Michael Barnes will take up a key role in the battle to retain WA’s share of GST distribution, ahead of a review to be handed down in 2026.
The Dow and the S&P 500 ended slightly higher overnight while the Nasdaq lost ground after October data showed consumer prices rising in line with expectations.
Nicheliving directors have fronted a $200,000 indemnity to cover operating costs and ensure the administrators get paid in the "likely" event the construction entities are too strapped for cash.
A $10,000 incentive to attract eastern states construction workers to Western Australia has been described as a shot in the arm for the industry amid the state’s crippling housing crisis.
A $900 million fund has been welcomed by economists hopeful it will modernise the construction industry where productivity has been flat for three decades.
