Latest Headlines

A "damning" report into the dysfunctional City of Perth justifies the state government's decision to suspend the council, Western Australia's premier says.

Mineral sands company Sheffield Resources has agreed to sell a 50 per cent-stake in its flagship Thunderbird project to an entity based in Hong Kong.

Gage Roads Brewing Company is opening a harbourside hospitality venue in Fremantle, after securing the lease for the A Shed building in Victoria Quay.

CIMIC Group’s construction business has secured $128 million in new work including with Fortescue Metals Group for its Iron Bridge magnetite project.

Two of Australia’s top economic analysts have taken very different views on the validity of printing money to finance deficits in a crisis.

JobKeeper lifts dividends

Premier Mark McGowan says Rio Tinto's destruction of ancient sites in the state's north should serve as a warning to other mining companies.

Advertising agency Meerkats has been acquired by ASX-listed marketing company WPP AUNZ, and will operate in Perth under WPP’s Wunderman Thompson brand.

The planned Westport development in Kwinana will be government owned, Premier Mark McGowan said, with claims it would cost less than extending operation of Fremantle harbour.

Shares have closed 1.76 per cent higher on the Australian market as investors remain optimistic the US can approve an economic aid package.

Kingwest Resources has agreed to sell two small assets outside its Menzies gold project in Western Australia for $2.1 million.

PACT Construction has been awarded the building contract for Edge Visionary Living’s Eden East apartment project in Floreat.

Qantas has blamed poor takeup of its latest share offer on tightened border restrictions after only 5 per cent of shareholders participated.

The resource sector is forecast to take on 18,000 workers over the next 12 months as it seeks to make up for maintenance and other work postponed this year.

Apartment developer Finbar has halved its profit guidance for FY20, citing high construction costs of low-rise projects and the effects of COVID-19 on fourth quarter sales.

The state government has accepted the Westport Taskforce’s final recommendations and will proceed with building a new, land-backed port in Kwinana by 2032.

CIMIC Group’s maintenance and shutdowns business has secured $200 million in contracts with the likes of Rio Tinto, BHP and Roy Hill Holdings.

Around $100 billion in Western Australian projects will benefit from a streamlined environmental approvals process under a bilateral agreement with the federal government.

The Perth Mint has suffered a substantial fall in market share while also being rapped over the knuckles by the industry supervisor.

The state government continued the rollout of its coronavirus recovery plan over the weekend, announcing funding packages for the tourism and recreational fishing sectors.

A desire to improve the lot of fly-in, fly-out workers on site was the catalyst for Terry Mulligan’s new business venture, Eco Cosy Cabins.

Western Australia's hard COVID-19 border closure has deterred 99 per cent of normal eastern states traffic entering the state.

COVID does not appear to have dampened investor appetite for the state’s neighbourhood retail centres in 2020, achieving $110 million worth of sales to date.

Forrests, Woolies back seaweed feed

Chevron may need to temporarily halt production at its Gorgon gas plant after being ordered by government regulators to undertake further inspections and repairs.

The traditional owners at the centre of the Juukan Gorge controversy said Rio Tinto’s response to a parliamentary inquiry had only deepened their anguish.

WA company Suvo Strategic Minerals completed a backdoor listing on the ASX today, seeing its share price almost double on the first day of trading.

Australia's share market has finished the week higher by 1.3 per cent and above 6,000 points, after earlier gains outweighed today’s session which closed lower.

WA has so much to offer holidaymakers, even if it needs more vision and capital works, writes Ross Taylor.

Construction company John Holland has received a $36 million contract variation for its work with the Public Transport Authority on upgrades to the Claremont train station.

In their weekly podcast Mark Pownall and Mark Beyer discuss markets' strength, COVID support, land and housing sales, manufacturing stimulus, decommissioning dilemma, Mathias Cormann, and the widening race for Lord Mayor.

Western Australia is facing a further two-week delay in the next stage of easing COVID-19 restrictions, with the premier noting the ongoing surge in Victorian cases.