Marine technology company VEEM has secured a $9 million order from the Australian Submarine Corporation for specialised parts for the Collins-class submarine maintenance program.
Keith Bowker, who was previously banned six years from providing financial services, has received a reduced ban of two years after appealing the ASIC decision to the Administrative Appeals Tribunal.
The owner of Northbridge bars Ezra Pound and The Bird, Kabir Ramasary, has added another two hospitality venues to his portfolio with the opening of Northbirdge Dining Room and Northbirdge Wine Bar last month.
The growing global appetite for state involvement in industry, as evidenced by two recent decisions of Boris Johnson’s new government in the UK, is also taking hold in Australia.
Australia has upgraded its international travel advice to the highest level, with all citizens being told not to travel overseas because of coronavirus. It comes as Virgin Australia suspended all international travel for more than two months.
Australia's rollercoaster share market has plunged more than four per cent amid a raft of profit warnings, an unprecedented travel ban and cancelled flights.
Gold prices have jumped as a five-session decline in the bullion market led bargain hunters out in force, with Federal Reserve's announcement to boost lending soothing market fears over a crunch in liquidity.
UPDATED: Two John XXIII high-school students have returned negative coronavirus tests, while a third student in Year 12 is awaiting results, the school announced. It comes after one of the children's parents tested positive to COVID-19 on Tuesday.
Spanish engineering giant ACCIONA is continuing to challenge CPB Contractors’ dominance of the Western Australian infrastructure market, with the two groups heading competing consortia for the Bunbury Outer Ring Road.
The Australian Hotels Association WA has made a number of recommendations for the state’s hospitality sector to reduce the spreading of COVID-19, with Crown Resorts in Perth extending its social distancing measures to Perth.
This year’s Margaret River Pro surfing competition has been cancelled, while Cricket Australia has suspended the remaining Sheffield Shield series and the AFL is due to make a decision tomorrow on whether Round 1 will proceed this week.
Multinational accounting firm RSM says thousands of small businesses across the country are likely to collapse as a result of the COVID-19 pandemic, as government stimulus packages fail to address the financial challenges faced by a large number of affected operators.
Hancock Prospecting subsidiary Atlas Iron has awarded a $38 million contract to MACA for early civil work at the Corunna Downs iron ore project in the Pilbara, nearly two months after it was a
A Victoria Park disability service provider was under financial pressure and planned to sell its specifically adapted building to stay viable, until management devised a new plan.
Qantas will slash international flights by 90 per cent until the end of May in a fresh round of coronavirus-related cuts equivalent to grounding 150 aircraft.
Australia's wild and unpredictable stock market has leapt more than one per cent as investors scrambled to snap up bank, supermarket and big mining stocks.
Oil prices fell below $US30 a barrel overnight as the worldwide coronavirus outbreak worsened over the weekend, exacerbating fears that government lockdowns to contain the spread of the disease would spark a global recession.
Platinum plunged nearly 27 per cent overnight to its weakest level since 2002, while gold dived over five per cent as investors unloaded precious metals in exchange for cash after a second emergency US rate cut failed to quell coronavirus fears across markets.
Concerns over COVID-19 have led to the cancellation or postponement of more events in the state, including Australia’s largest annual mining conference Diggers & Dealers, along with the Anzac Day services. The virus has also led to more businesses changing their working arrangements.
Australia's share market has suffered its worst points loss in history as the coronavirus epidemic worsens, with another $182 billion in value wiped from the books.
A freeze on household bills, a slight rise of the payroll tax threshold and small businesses grants will form part of a $607 million state government stimulus package, while the Commonwealth and the Reserve Bank are considering further steps.
Russia-based Nordgold is looking to expand its operations in Africa by making a takeover bid for Cardinal Resources after increasing its stake in the West Perth-based company to nearly 20 per cent.
Chinese consul general Dong Zhihua is confident international trade won’t suffer long-term disruption from the COVID-19 pandemic, and is pitching for local businesses to come to a trade fair in November.
SPECIAL REPORT: Flashpoints over increased density are reaching the urban fringe, with local community groups in outer suburbs resisting change as much as their inner-city counterparts.
