A Perth-based pharmaceutical founded by 40under40 winner Matt Callahan has acquired its first product in a bid to manoeuvre from research and development status to revenue-generating.
The cash rate could be expected to rise over time to 2.5 per cent, RBA governor Philip Lowe has said, while the central bank forecasts inflation could get worse before it gets better.
On today's episode of At Close of Business, journalists Matt Mckenzie and Jordan Murray discuss the RBA's reasoning for lifting interest rates, why more rises are expected, and what it means for the election.
A three-day trial has been set to determine whether WA's COVID border rules are reason enough to allow contractor Acciona to exit Macquarie’s $700 million Avertas Energy project.
Amendments for a six-storey $25 million Shenton Park apartment block have been approved as the development's costs risen nearly 40 per cent from the initial estimate.
The nation’s benchmark interest rate has been lifted 25 basis points to 0.35 per cent by the Reserve Bank of Australia, as it seeks to respond to inflation running at 5.1 per cent.
Sir Charles Gairdner Hospital will receive a $16.7 million intensive care unit expansion as part of the state government’s bid to alleviate pressure on the health system.
Daily COVID cases have risen again following a drop-off in numbers earlier this week, with WA recording 7,929 new infections overnight as well as one historical death.
A push by the AGL Energy board to demerge the company with the 75 per cent shareholder approval is facing a potential hurdle after a billionaire bought shares.
Perth company Pit Crew Consulting has accused the state government of inappropriately using its in-depth labour market forecasting report and failing to pay for the material.
The third Intergovernmental Panel on Climate Change review of climate science was released just one week before the start of the federal election campaign, and it makes for sobering reading.
On today's episode of At Close of Business, senior editor Mark Beyer offers highlights from his recent conversation with Rob Cole following his appointment as chair of Iluka Resources.
Australian Marine Complex's common-user facility is set to come under fresh management in July following a confidential, 10-month long process to find a new tenant for the site.
The state government will fund what promises to be the world’s largest seismic survey in a major data-gathering effort hoped to pin down new mining prospects in WA.
Sapien Cyber has come out in support of recently enacted changes to the nation’s critical infrastructure laws, arguing businesses have nothing to fear from increased obligations.
A collaboration among WA's leading research bodies will be created as part of a $25 million investment into growing agricultural research and development in the state.
Euroz Hartleys has discontinued its lawsuit against four former employees it claimed had stolen confidential data before moving to competitor Canaccord Genuity.