Latest Headlines

Bushfire-affected timber to be used in Australia's booming construction industry is set to start moving off Kangaroo Island.

First shot to rein in housing risk

Sydney-based Adco Constructions has been picked to continue development of the Forrest Hall project, weeks after Jaxon companies entered liquidation.

Saracen Properties' plans to build a $70 million nine-storey mixed use development have been given a tick of approval by the City of Bayswater.

About one third of West Australian workers will need to be vaccinated to comply with government directives and the number is set to grow as private businesses follow suit.

On today's episode of At Close of Business, senior journalist Matt McKenzie talks about pressure in the construction industry, following the recent collapses of Jaxon and Pindan.

Shares have had a mid-session collapse on the Australian market after New Zealand's central bank hiked rates due to rising prices.

Rio Tinto has lodged plans to build a $70 million accommodation camp in Paraburdoo, as it awaits final mining approvals to develop its iron ore deposits in Western Range.

Australasian Gold's shares have closed up by more than 7 per cent, after the West Perth-based explorer announced a partnership with CSIRO.

Henderson-based shipbuilder Austal has been contracted to build two steel vessels for the US Navy.

A 'robotic arm' to assist in surgeries will be rolled out at Fremantle Hospital, after its developer secured a $10.3 million contract through the state's market-led proposal system.

A high level of EQ is a must-have quality for modern university leaders.

Adelaide-headquartered MaxMine has become the first mining industry representative to join Australia's recently formed technology council.

Swoop has chalked up yet another successful acquisition following the completion of a $4.2 million deal for Newcastle-based Countrytell.

Record commodity prices and a flurry of M&A deals have defined the past year for listed resources companies.

A hostile takeover of local IT services firm Cirrus Networks has escalated, after its Victorian bidder alleged the target made a number of inaccurate statements that could mislead shareholders.

The Australian Prudential Regulation Authority has told banks they need to raise the serviceability buffer when assessing new loan applications.

Australians with compromised immune systems could start receiving COVID-19 booster shots this year before third jabs are rolled out more widely in 2022.

A rapid swing in momentum in the construction market has toppled businesses, and there are signs more could follow.

Hydrogen era draws Asia closer

On today's episode of At Close of Business, senior editor Mark Beyer delves into the business of sign making and profiles a local, Welshpool-based leader and its moves in the market.

Reserve Bank optimism about the economic reopening of lockdown states has helped ASX investors recover some but not all of their losses.

Sustainment and maintenance of Australia's anti-submarine torpedoes will remain in WA with Thales Australia receiving a $20 million contract to continue the works in the state.

Fortescue Metals Group is targeting net zero scope 3 emissions by 2040, which covers its entire value chain, including its customers' crude steel manufacturing.

Work has begun at a 51-hectare site in Neerabup earmarked for an automation and robotic testing precinct, a project supported by the state government and mining research body AMIRA Global.

Don Hyma has been appointed managing director of Australian Rare Earths, following his resignation as director projects at Fortescue Metals Group earlier this year.

It's hard to overstate the significance of the alliance between Australia, the US and the UK.

COVID-19 vaccinations will soon become mandatory for those working in the state's resources sector, with all workers required to get their first jab by December 1.

Perth technology company K2fly has signed one of its largest contracts, worth $3.4 million over five years, with Rio Tinto.

The Reserve Bank of Australia left the official cash rate at a record low 0.1 per cent following its monthly board meeting, as widely anticipated by economists.

WA company Fastbrick Robotics has entered a contract to supply a $5 million St James townhouse development – its first multi-home deal.

West Perth-based mining services company Aerison has secured a suite of new contracts totalling $140 million, underpinning a 15 per cent increase in revenue for next financial year.