Latest Headlines

Western Australian Gaming and Wagering Commission has appointed Michael Schaper as its new chair, announced by Racing and Gaming Minister Reece Whitby this morning.

Carnarvon Energy has agreed to sell a 10 per cent stake in the Dorado gas field and neighbouring fields in a deal worth up to $US146 million.

A Perth band led by 40under40 winner Daniel Estrin will represent Australia on the world stage at the Eurovision Song Contest 2023.

Rising oil and gas prices fuelled by the Russian invasion of Ukraine have propelled gas producer Santos to record profits.

Perth’s office market is showing signs of strengthening.

Andrew and Nicola Forrest-led Tattarang has acquired prime Sydney land for more than $500 million, with plans to construct Australia’s first Waldorf Astoria Hotel.

Madeleine King has acknowledged efforts by the US government to support green energy could threaten investment in Australia's own nascent hydrogen industry.

Jim Chalmers says he won't "pretend away" pressures on the federal budget which includes superannuation tax concessions.

Mining giants eye profits in China rebound

On today's episode, Matt Mckenzie interviews Jordan Murray about his latest discussion with Federal Resources Minister Madeleine King.

Cash Converters has been forced to tighten up its anti-money laundering program and has flagged plans to write-off its entire goodwill.

The ASX has recovered most of its morning losses to finish down 0.2 per cent as traders digested a hawkish message from the Reserve Bank.

Iluka Resources has capped off a strong earnings report by approving the development of a mine in NSW and detailed studies on another in Victoria.

Bellevue Gold’s Steve Parsons has sold half of his stake in the aspiring gold miner for a tidy $17.8 million in his transition from managing director to a non-executive board role.

Some of Perth’s most experienced venture capitalists are seeking to raise more than $100 million for startup investment.

Mining services companies Mader Group and Perenti have increased their guidances after recording bolstered revenue in their first half results.

Qantas will spend $100 million to upgrade its lounges at airports worldwide, including doubling the seats of one of its regional Western Australian facilities.

As criticism of the government’s energy market intervention settles, Madeleine King is focused on pushing Australian resources to the fore of the global energy transition.

The use of economic sanctions and trade tools can be effective supports for battlefield action.

Macmahon Holdings has recorded steady growth in its first half and has increased its revenue guidance after renegotiating a contract extension for work in Indonesia.

Monadelphous has expanded its recruitment efforts overseas as the company continues to grapple with its “biggest challenge” of industry-wide staff shortages.

Port Hedland’s Lumsden Point will be one of the Pilbara-based ports slated for an upgrade as part of a $565 million funding boost to expand export and import capacity.

Softer iron ore prices combined with a 70 per cent spike in diesel costs crunched BHP’s underlying profit by 32 per cent during the first six months of FY23.

Australian consumers are feeling a little more upbeat but the nation's weekly measure of consumer confidence is still deeply in negative territory.

$565m fix for Pilbara ports

On today's episode of At Close of Business, Matt Mckenzie interviews Mark Beyer about his latest story on tensions between mining and tourism in the coastal town of Lancelin.

The Environmental Protection Authority has found Mineral Resources' plan to build a 125-kilometre road adjacent to Andrew Forrest’s Minderoo Station is unlikely to have any ‘material’ impact on nearby pastoral operations.

A return to the cashless debit card scheme will not address intergenerational issues in remote communities, the prime minister says.

The local share market has finished slightly higher as the market digested a spate of earnings reports from NIB, BlueScope Steel, Ampol, A2 Milk and others.

Sydney-based steakhouse 6HEAD has committed to a 10-year lease at Brookfield Properties' One the Esplanade development, being the first hospitality tenant to sign up.

Perth-based Macmahon Holdings has struck a renegotiated contract extension with Amman Mineral for work on its Indonesian copper and gold mine but under substantially different terms.

ASX-listed developer GDI Property Group is planning to convert the six-storey car park into apartments with a 12-storey office tower above.