Latest Headlines

Cash Converters is claiming a solid balance sheet after it extended a $150 million securitisation facility, following a turbulent time for the payday lender.

East coast law firm McCabe Curwood will now have a presence in Western Australia, after acquiring Perth-based insurance firm SRB Legal.

Tech stocks and property have led the Australian share market higher as lockdowns eased in New South Wales.

Countries like Australia and South Korea may face starker choices picking sides between China and the United States in the years ahead, according to former Korean trade minister Bark Taeho.

Approvals for the construction of new homes dropped more than expected in May, reflecting the impact of coronavirus-related lockdowns on the sector.

Sandfire Resources has made changes to its management team and board, including appointing Sally Langer, and refined its strategic focus.

Accounting firm RSM Australia has recruited Pippa Hobson and some of her risk consulting team, shortly after Ms Hobson left competing firm BDO.

Australia’s home values fell for a second consecutive month, with Perth recording a 1.1 per cent decline in June, according to CoreLogic.

A former supermarket site in Subiaco has sold for $15.5 million to a private investor.

BCI Minerals has completed a definitive feasibility study of its Mardie Salt and Potash project, establishing a positive case for the prospective Pilbara coast mine.

The recent announcement of Margaret River’s first five-star resort has evoked a strong reaction from locals and businesses in the region.

New missiles for defence

Oil prices slipped overnight as investors worried that rising COVID-19 cases would hurt demand while supply could rise with a potential resurgence of Libyan oil production, which has slowed to a trickle since the start of the year.

Gold surged to its highest in nearly 8 years overnight as mounting fears of a resurgence of new coronavirus cases kept safe-haven demand for gold alive, setting the precious metal on path for its biggest quarterly gain since March 2016.

Property developers Adrian Fini and Ben Lisle have merged their operations under the name Hesperia, with the new entity having nearly $1 billion of projects under development and a busy pipeline of future opportunities.

Vikas Rambal’s dream to build a $4.5 billion Pilbara urea plant is forging ahead, with his Perdaman Industries appointing construction contractors, and flagging a mid-2021 final investment decision.

The $900 million entity to be created by the merger of Rivervale-based Access Housing Australia and an interstate counterpart will bring innovative funding for social housing to WA, it is hoped.

A $17.6 million five-storey residential development on Louise Street in Nedlands has been recommended for approval, following initial community and council opposition.

Thousands of Melbourne businesses will be forced to close their doors in July, after the Victorian government imposed new restrictions to limit the spread of coronavirus.

Regional Express has doubled its flights from Perth to Albany and Esperance, under an agreement with the state government.

Australian shares have closed out the financial year with a rally following a strong lead from Wall Street overnight, as the see-saw action continues for the fourth day.

ADCO Constructions has secured further work with the state government, this time to complete the $61.4 million redevelopment of the Newman Health Services centre.

Mining contractor Dynamic Drill and Blast says it will use funds raised from a $5 million initial public offering to tackle a strong tendering pipeline and potentially grow the business in Western Australia’s civil sector.

The co-operative that distributes water in the Ord River irrigation area has scored a big court victory over the state government, retaining its current water allocation to support the development of new cotton farms. The state government had wanted to slash the Ord Irrigation Co-operative’s annual water allocation by one third.

Paladin Energy has estimated the cost of restarting its Langer Heinrich uranium mine in Namibia to be $US81 million, but says a restart in operations would depend on “the right uranium price”.

The board of wind farm operator Infigen Energy are recommending that shareholders accept an $864 million takeover offer from Spanish utility Iberdrola.

GR Engineering Services has signed its third contract this month after securing $29 million in work with Saracen Mineral Holdings for the Thunderbox and Carosue Dam operations in Western Australia.

More than 135 matters of suspected criminal conduct concerning The City of Perth have been referred to the commonwealth and state authorities, following the completion of a high profile, two-year inquiry into the city’s council and administration.

The WA government has provided millions in taxpayers’ money without appropriate transparency and accountability.

Some of Western Australia’s most prominent private and independent schools have amassed financial reserves worth tens of millions of dollars in recent decades, with endowment fees supporting the ongoing investments of their associated foundations.

Australia will ramp up its fight against hackers with a $1.35 billion package set to create 500 new positions to stamp out malicious cyber-attacks.

The ripple effect of recent federal and state government housing grants and incentives has started to materialise in the state’s Peel region.