Latest Headlines

KPMG has been fined, disciplined more than 1,000 staff and cut the pay of 16 partners after it found staff shared the answers for internal tests.

Noted pearl farmer Lyndon Brown has sold his prominent Peppermint Grove property for $15.7 million following a long running stoush with the council over its heritage listing.

The administrators of embattled construction company Pindan have been granted another extension, while flagging a potential claim against the company’s directors for insolvent trading.

Scientists at Curtin University believe a new discovery about the cause of Alzheimer's disease could eventually lead to a preventative treatment.

On today's episode of At Close of Business, senior editor Mark Beyer explains the significance of Canva's recent $200 million capital raising.

The Supreme Court has set a December date to hear a challenge to environmental approvals for Woodside Petroleum’s Scarborough project.

More signs of a slowing global economy helped sink the ASX as investors brace for a rise in Australian unemployment.

GBM Resources is seeking to raise $7.4 million to continue exploring for gold in Queensland's Drummond Basin, while Conico and Corazon also announced capital raisings.

Matso’s will have a second home on the Sunshine Coast, after Good Drinks Australia announced it had acquired a Queensland venue for $5.3 million.

A former Perth finance broker at the centre of an investigation by the corporate watchdog has been spared jail after pleading guilty to two counts of fraud and one of giving false information.

Shares in Pilbara Minerals jumped 8 per cent to close near all-time highs today after the company announced strong results from its second online lithium auction.

A new breed of venture capitalist is making a statement in startup funding.

The Australian government has approved a $32 million loan for construction of a cotton gin at Kununurra though the project’s full potential hinges on approvals for land development.

The state government has backflipped on a promise not to change the state's upper house voting system, endorsing a proposal to treat the entire state as one electorate.

Shares in Fenix Resources rose 12 per cent this morning after the iron ore producer declared a full-year profit and maiden dividend.

Canva has become the world’s most valuable private software company after a $US200 million capital raising; its Perth-raised founders have pledged their stake for social good.

Retail property players are trying to keep pace with the structural shift in shopping habits accelerated by the pandemic.

Climate-conscious farmers are backing a roadmap to achieve net zero emissions by 2040 without shrinking the agriculture sector.

Singapore Airlines is cancelling dozens of flights in the lead-up to Christmas, making it harder for Australians stranded overseas to return home.

Universities face a period of transformation in the decade ahead, with the likelihood of greater industry engagement and an exploration of disruptive business models.

Minderoo Foundation's new marine research laboratory on the doorstep of Ningaloo Reef will examine the impacts of climate change on the world's oceans.

Steel exempt from BHP’s net zero target

John Holland and the state government have both had partial successes ahead of a trial in October 2022 over a $180 million Perth Children’s Hospital contract dispute.

On today's episode of At Close of Business, journalist Madeleine Stephens profiles the work of the Westerman Jilya Institute.

Shares had a third consecutive day of gains after investors lapped up Reserve Bank governor Philip Lowe's renewed pledge that rates won't rise until 2024.

Fortescue Metals Group has announced a high-level framework agreement with the Eastern Guruma people and flagged a $500 million mining joint venture but was light on details.

MACA, Mineral Resources and WesTrac have formed an alliance to support the Harry Perkins Institute of Medical Research’s fundraiser for cancer research.

The Shire of Ravensthorpe has sacked its chief executive in a decision shrouded in secrecy, revealing only that it was based on confidential information from the CCC.

Great Boulder Resources has announced plans to demerge its Yamarna project near Laverton into a newly listed entity, which will raise $5 million ahead of a stock market float later this year.

Western Australian medical researchers have been awarded $11.1 million from a $472 million federal funding pool, including $1.9 million for childhood respiratory research.

Woodside’s purchase of BHP’s oil assets is close to the biggest deal by a WA company.

The state’s environmental regulator has given BHP the green light to increase iron ore exports from Port Hedland by 40 million tonnes annually, despite concerns about dust exposure.