The Australian share market has dipped in the final minutes of trade to close lower, with the banking sector suffering the most after an APRA suggestion to suspend their dividends and a downgrade to their credit ratings.
The federal government’s $130 billion wage subsidy package clears its first hurdle, Western Australia records an additional 11 cases of COVID-19, and Premier Mark McGowan pledges millions to expand the state’s police force.
CBH Group district four member director Trevor Badger has refused to resign after allegations he materially breached board confidentiality, forcing CBH Group to hold a special general meeting for growers to vote on whether to remove him.
Andrew and Nicola Forrest have donated an additional $520 million to their philanthropic organisation Minderoo Foundation, bringing their total donations to $2 billion.
St Hilda’s Anglican School for Girls has taken remote learning to the next level with the launch of its own online video channel, which aims to maintain students’ social engagement during the COVID- 19 pandemic.
A major global credit rating agency has put a dampener on the federal parliament's likely passing of a $130 billion stimulus package aimed at supporting the economy through the coronavirus pandemic.
Dacian Gold has announced details of a partially underwritten capital raising priced at just 30 cents per share as it seeks to strengthen its balance sheet and rebuild its mining operations.
Seven Group Holdings has withdrawn its market guidance on the back of falling advertising revenue and declining oil prices, on the same day that Seven West Media criticised a report it was entertaining a prospective sale of West Australian Newspapers Holdings.
Great Southern Distilling Company has been awarded the title of Best International Craft Whisky in the World by the American Distilling Institute for the second time, this year for its Limeburners Heavy Peat.
The Morrison government has ruled out lifting the rate of GST to pay for the billions of spending in its attempt to curb the impact of the coronavirus on the economy.
The Australian share market has plunged at the open on heavy losses for the big banks after an APRA suggestion to suspend their dividends and a downgrade to their credit ratings.
Saudi Arabia, Russia and allied oil producers will agree to deep cuts to their crude output at talks this week only if the United States and several others join in with curbs to help prop up prices that have been hammered by the coronavirus crisis.
Gold prices have fallen over 1.0 per cent, retreating from a near one-month high hit earlier in the session, as signs of slowdown in coronavirus cases in major epicenters boosted equity markets, drawing away some of the bullion's safe-haven appeal.
The Australian share market has been unable to sustain its early gains, closing down after officials in the US ruled out a return to normalcy until a coronavirus vaccine is found.
ASX-listed agribusiness Alterra will develop a 300-hectare avocado orchard in Pemberton, which is set to become one of the largest avocado projects in the country.
Edge Visionary Living has received the green light from planning authorities for its long-awaited Lumiere development in South Perth, nearly five years after it first sought to build it and following two Supreme Court challenges that were successful in overturning approval of previous designs.
WA has recorded two new coronavirus deaths. The federal government has announced a new mandatory code of conduct for landlords. Its $130 billion JobKeeper scheme is expected to pass parliament tomorrow.
The C-suite just became bigger, with the COVID-19 pandemic throwing another key title into the top end of the corporate and government decision-making – chief medical officer – a role where Western
Forty-nine arts organisations that previously received Australia Council for the Arts funding have missed out in the latest round, with the 95 recipients selected last Friday to share $31.7 million over four years.
Representatives from the tourism and higher education sectors have today criticised aspects of the federal government’s JobKeeper program, voicing concerns that many businesses may not qualify for the wage subsidies.
Western Australia is one of the best places in the world to be during the COVID-19 pandemic, AMA WA president Andrew Miller said today, after weeks of passionately advocating tightening restrictions.
Zelira Therapeutics shares have surged more than 25 per cent after a clinical trial showed its medical marijuana drug candidate successfully treated chronic insomnia.
The Reserve Bank of Australia has left the cash rate at 0.25 per cent and reaffirmed a 25 basis-point yield target on three-year Australian government bonds.
Blackstone Minerals is raising $6.8 million from a share placement to an overseas nickel manufacturer, as part of an agreement to co-develop a nickel processing facility in northern Vietnam.
Landlords will be forced to reduce commercial rents by the same proportion that the tenant’s revenue has fallen due to the COVID-19 outbreak, under a new mandatory code of conduct announced by the federal government today.
Education technology company Education Horizons Group, which counts Perth-based SEQTA Software among its portfolio, has made its largest acquisition, in the UK.
Drilling contractor Swick Mining Services will proceed with its first interim dividend payout in five years, while also announcing a $1 million share buy-back program.
