Latest Headlines

Balcatta-based PS Structures has secured the works to build a multi-storey car park at Mandurah railway station, as part of a $32 million project jointly funded by the state and federal government.

Fraser's Restaurant Group has announced it won't be reopening The Old Brewery on Mounts Bay Road once COVID-19 social distancing restrictions are relaxed, surrendering its tenancy to head lease owners Minderoo Group.

OPINION: The economic fallout of decisions made to combat COVID-19 will play out for years.

The COVID-19 pandemic could spur the development of tech to provide authentic connection instead of superficial engagement.

Macquarie Group has halved its dividend after reporting an 8 per cent drop in full year profit, and said challenging market conditions due to the coronavirus pandemic make it hard to predict its fi

Telstra will take a $300 million impairment charge on its 35 per cent stake in Foxtel after the majority owner of the pay TV network, News Corp, wrote down its value.

Australia will get a three-stage plan for easing coronavirus restrictions with states and territories to change gears at different paces.

Australian shares have posted a solid rise in early trading, with energy and property stocks leading the gains.

Chevron to slash 800 jobs

Oil prices slipped overnight as global supply and demand worries erased earlier gains seen from an increase in Saudi Arabia's official crude selling price and a surprise rise in Chinese exports last month.

Gold jumped 2 per cent overnight after a string of weak economic data, including surging unemployment in the United States, heightened fears over a coronovirus-induced global downturn, while investors turned their attention to nonfarm payrolls for further cues.

The Australian share market has dipped modestly for a second day as oil prices slid, even as a surging trade surplus bolstered the mining sector.

People Diagnostix managing director Jason van Schie says his technology startup should be able to carry on as normal in a month's time, despite undergoing major financial stress in recent weeks.

Businesses in the hospitality, tourism and retail sectors are holding out for COVID-19 restrictions to lift, as a majority of turnaround professionals believe these businesses won’t be able to survive more than three months if the shutdown continues.

Central banks have ditched their traditional caution in attempting to stimulate economies during the COVID-19 pandemic, and an ongoing evolution in thinking about monetary policy helps explain why.

The state government is providing special assistance for universities and local councils. A new scheme has been announced to help the mining industry. Western Australia has reported no new coronavirus infections.

The proposed merger between Vodafone Australia and TPG Telecom has received the green light from the Foreign Investment Review Board, taking it another step closer to completion.

UPDATED: Private equity player Aurenne Group has made a $32 million all-cash takeover offer for ASX-listed Alt Resources, which is developing the Bottle Creek gold mine in Western Australia.

Activate Perth chair and mayoral hopeful Di Bain has penned an open letter to the state government lobbying it to spend up to $130 million raised through Perth CBD’s parking levy as stimulus for the city’s commercial tenants.

St George Mining has launched a new capital raising to secure further funding for its Mt Alexander nickel-copper sulphide project in Western Australia, with the next major drill program to begin this month.

Apollo Consolidated is selling a portion of its interest in two overseas gold projects, with the proceeds to fund drilling and development studies on its Lake Rebecca project in Western Australia.

Western Australian researchers have bred a rare and emerging species of rock oyster, which the state government believes could help grow WA's nascent oyster industry.

Rio Tinto has established an internal team to lock in some of the unexpected efficiency gains it has achieved during COVID-19 restrictions, the group’s iron ore chief executive Chris Salisbury has told Business News in a video interview.

Refiner and fuel retailer Caltex Australia is seeing a slump in fuel demand amid widespread social restrictions and business closures due to the COVID-19 pandemic.

The Australian share market has slipped more than 0.5 per cent in early trade after a weak lead from US markets overnight.

Unis could fly in foreign students

Oil dropped 4 per cent overnight to below $US30 a barrel as US crude stockpiles ticked up and diesel inventories swelled, offsetting OPEC-led cuts in production and hopes for a recovery in demand as some countries ease coronavirus lockdowns.

Gold fell more than 1 per cent overnight, pressured by a stronger dollar and expectations that gold supplies will grow as bullion refineries resume operations, and on gradual improvement in investor risk appetite as countries have begun to ease coronavirus restrictions.

The Australian share market has snapped its two-day winning streak, falling modestly as its range-bound trading continues for another week.

Asymptomatic FIFO workers to be tested for COVID-19 as Western Australia records its seventh day in a row with 0 cases.

An Association of Mining & Exploration Companies survey has found that 74 per cent of Australian mineral exploration companies have ceased, or dramatically decreased, their exploration operatio

Accounting firm BDO is closing down its local cyber and risk advisory offerings, with Western Australian chairman of partners Pippa Hobson among the staff losing their position.