Latest Headlines

Investors spent the week waiting for US President-elect Joe Biden's economic stimulus plan details but failed to get a boost after it was revealed.

Not-for-profit Australian Minifootball Federation has entered voluntary liquidation after a major sponsor pulled funding ahead of a world championship in Perth.

Indigo Australasia is asking the WA government to continue funding one of its services, but the government says it warned the organisation in 2016 its funding would stop.

In their weekly podcast Mark Pownall and Mark Beyer discuss Andrew Forrest and Minderoo, Strike Energy, Hilton reopening, Kwinana evolves, deals and dealmakers for 2020, the challenging world of aged care, and Perth's biggest house sales.

Subiaco-based FIRM Construction has secured the works to design and build a 10-storey apartment block opposite Carousel Shopping Centre.

GDI Property Group's $40 million timber-steel hybrid office complex proposal for St Georges Terrace has been approved, but not everyone is happy about it.

Andrew and Nicola Forrest’s Minderoo Foundation spent $88 million on philanthropic causes in 2020, giving $19.7 million to its Flourishing Oceans initiative.

Perth-based Vulcan Energy has released a positive pre-feasibility study for its lithium project in Germany, which the company says will have a zero-carbon footprint.

The couple behind a luxury tourism company and former pro surfer Taj Burrow are among the buyers recently snapping up property in the state’s south west.

Blackstone Minerals is planning to demerge its three WA gold projects into a new ASX-listed business, which will seek to raise at least $5 million before June 30.

Perth’s residential rentals hit their highest asking price in five years over the December quarter, as available properties continued to dwindle in what has quickly become a landlords’ market.

Perth-based exploration company Eclipse Metals has acquired the Ivittuut mine in southwestern Greenland, the world’s only commercial cryolite mine, through a cash and scrip deal.

Engineering company Civmec has secured the contract for the construction of the $6.3 million Kids’ Bridge connecting Perth Children’s Hospital with Kings Park.

US President-elect Joe Biden has unveiled a $US1.9 trillion spending package to combat the coronavirus pandemic and its impact on the economy.

The state government has introduced new mandatory medical tests for the engineered stone industry to protect workers from silicosis.

Fortescue mine hit by cost blowouts

Josh Frydenberg is confident the economy will continue to strengthen and that the unemployment rate will fall further.

Investors have had their best gains of the week on the Australian share market, ahead of US President-elect Joe Biden giving details of his economic stimulus plan.

Construction of a $70 million feed mill in Kwinana could begin within weeks, while a $30 million mill in Cuballing was approved in November.

CinefestOZ is expanding to launch a new film festival in Albany this year, after operating in the South West for the last 13 years.

Construction company Wauters has secured the works to build Western Power's new $16 million energy depot.

After three failed attempts to develop a new resort on Rottnest Island, most hoteliers would give up but not John Spence.

Como-based Medusa Mining has reported two more fatalities at its goldmine in the Philippines, taking the death toll to five in less than a year.

Perth-based biotherapeutic company Orthocell has received US approval for the use of its dental bone and tissue regeneration platform.

Rio Tinto has prolonged the operation of New Zealand's only aluminium smelter after signing a power contract the miner says will help its viability.

Entities related to seafood vendor The Fish Boss have gone into voluntary liquidation after suffering financially during the COVID-19 pandemic.

A permit for the clearance of almost 30 hectares of vegetation for the $126.5 million Ocean Reef Marina development has been modified following an appeal by concerned residents.

WA electric vehicle business Vmoto has secured its most significant order to date, with European company Greenmo Group.

Premier Mark McGowan has urged the federal government to reconsider using remote commonwealth facilities to quarantine returned travellers.

Agribusiness developer Alterra has completed the feasibility study of its 300-hectare avocado farm in Pemberton and plans to start planting avocados later this year.

The US House has voted to impeach President Donald Trump for a second time following the violent siege at the US Capitol last week by a mob of his supporters.

Savings war chest to drive recovery