Latest Headlines

Perth technology company Track’em has secured a new contract with Primero Group, which will use its cloud-based tracking technology for a major iron ore project in Western Australia.

Opposition leader Liza Harvey has attacked the government’s attempts to reappoint John McKechnie to the Corruption and Crime Commission, calling the urgency with which Premier Mark McGowan has characterised the nomination disingenuous.

Chalice Gold Mines’ shares were up more than 80 per cent today after releasing drilling results this morning while Mandrake Resources had big gains yesterday after announcing a farm-in deal with Andean Energy Resources on adjacent ground.

Lynas Corp has applied to the Malaysian government for an exemption from some coronavirus-led curbs as reduced work levels drove an 18 per cent drop in the miner's third-quarter rare earths oxides output.

Perth-based surveilance company DTI Group has been awarded a contract by Alstom India to support the Sydney Metro Southwest rail project.

Panoramic Resources has announced the temporary closure of its Savannah nickel mine in the East Kimberley.

Scott Morrison has reignited the debate over what schools should be doing during the coronavirus crisis.

Marketing and consultancy firm Faster Horses has secured a stake in US-based startup UBDI (Universal Basic Data Income), to aid the research and data firm in its Australian expansion.

Western Australian charities offering support services are gearing up for a surge in demand as restrictions introduced to stop the spread of COVID-19 start to strain people’s finances and mental health.

The Australian share market has followed Wall Street higher at the start of trade even as warnings mount of worsening unemployment and economic conditions because of the coronavirus fallout.

Recession to be deep, V-shaped

Oil prices have dropped sharply, with US prices sliding back toward $US20 a barrel, as investors bet that fuel demand destruction caused by the coronavirus pandemic would be too much for producers embarking on record global output cuts to offset.

Gold soared nearly 2.0 per cent to hit its highest since late 2012, with investors rushing to the safety of bullion as the coronavirus ravaged economies worldwide and triggered the rollout of huge stimulus plans.

A gold price surge and strong gains for Afterpay have propelled the Australian share market to its best levels in a month in a volatile post-Easter session.

The state government says it will circumvent the upper house committee that oversees the state’s Corruption and Crime Commission to renominate John McKechnie as its commissioner, after the committee declined to offer bipartisan support to the incumbent.

Only one new local COVID-19 case has been reported in WA. The state will maintain a hard border closure. New laws have been announced for residential tenancies.

Anova Metals has cut the pricing of its planned entitlement offer from 1 cent per share to 0.7 cents to reflect the downturn in equity markets.

One of the arguments against the current pandemic lockdown that we are experiencing is that the death rate from COVID-19 is smaller than other causes of mortality – death rates that we endure year

Pioneer Credit has accused its major lender and takeover bidder, US private equity group Carlyle, of trying to either push down its $120 million takeover offer to a very low price or withdraw from the deal altogether.

A six-month moratorium will be placed on the eviction of residential tenants and rent increases will be put on hold for the same period, under new legislation that's been described as a mixed bag by the state's top real estate industry body.

A multi-million takeover offer for Australian company Liquefied Natural Gas Ltd (LNGL) has fallen through, sending its shares down by more than 35 per cent today.

The federal government will provide $100 million to more than 300 charities, Minderoo Foundation committed $5 million to community initiatives, and Gina Rinehart donated $6 million to the Royal Flying Doctor Service of Australia over the weekend to help charities meet increased demand.

The COVID-19 pandemic is forcing investors who have shunned Western Australian mining companies for decades (because they prefer buying shares in banks) to smarten their game or risk being left holding yield-free assets as bank dividends dry up.

Swift Media has signed $1.2 million in contracts to provide communications equipment at Rio Tinto and Atlas Iron’s workforce accommodation villages in the Pilbara.

Insurance giant QBE is embarking on a $US825 million ($A1.3 billion) raising to build a buffer against the impacts of the coronavirus pandemic.

Qantas and Virgin are closing in on a multi-million dollar deal with the federal government to support flights between capital cities.

Westpac's money laundering scandal could blow a $1.03 billion hole in its first-half cash profit, with the bank setting aside an eye-watering $900 million for a potential legal penalty.

The Australian share market has fallen on its return from the Easter break following a mixed overnight session on Wall Street.

China’s Tianqi offers stake in giant Aussie lithium project

Oil prices were mixed as the historic production-cut deal inked by major global oil producers was not enough to assuage existing worries about the demand destruction brought on by the coronavirus pandemic.

Investors have flocked to the safe-haven metal on fears of a coronavirus blow to the global economy and US corporate earnings.

The Australian share market has finished the week with gains across the board on hopes the coronavirus crisis might be easing in the hardest-hit areas.