Australia's GST distribution arrangements will extend to 2030 but the states will chip in more to fund the National Disability Insurance Scheme, the federal government has revealed.
Rio Tinto plans to ramp up spending on iron ore, notably at the giant Simandou project in Africa, but has scaled back its investment in decarbonisation.
Australia's economic growth slowed to 0.2 per cent during the September quarter, as the nation's household savings ratio hit its lowest level since the Global Financial Crisis.
Woodside is one step closer to developing a solar farm, valued at up to $300 million, to supply energy to the Burrup Peninsula and its Pluto LNG plant.
Premier Roger Cook has told media he believes Australia's state premiers understand WA's role in the national economy, ahead of likely debate over GST in a national cabinet meeting.
Fortescue is on the cusp of marking a major milestone of exporting its first iron ore from a port outside of its home soil at its Belinga project in Africa.
Greenpeace climate activists have scaled a 140-metre crane in a protest against Woodside Energy, saying the gas producer is Australia's biggest climate threat.
A West Perth building that formerly housed Thompsons fashion retailer has been sold for $2.3 million, changing ownership for the first time in almost a century.
The Reserve Bank of Australia has held the country's official cash rate at 4.35 per cent, offering a slight relief to mortgage holders 20 days before Christmas.
The Gorgon Joint Venture will spend $40 million to fund a new state-led green technology drive, as the gas producer seeks to make up for falling short of carbon capture goals.
Rio Tinto has highlighted the importance of its giant Rhodes Ridge project in the Pilbara by approving a pre-feasibility study and outlining plans to spend $400 million on exploration.
