Latest Headlines

Organisations in the community services sector established the #YourHelpWA campaign to secure 20 per cent more funding to cover increasing staffing costs. 

Incumbent 40under40 First Amongst Equals, Hannah Mann, says the award a year ago provided much-needed validation for her pharmacy business model.

Department store giant Myer has reported a 37 per cent drop in first half profit, weighed down by restructuring costs, redundancies and the exit of Apple products and Country Road Group brands.

Australian stocks have jumped more than 1.5 per cent in a broad rally at the start of trade after a big surge in US markets.

Billions in stimulus to stop slump

Crude oil prices were mixed, giving up early gains despite expectations that major producers were closing in on an agreement to cut supply aimed at offsetting a slump in demand caused by the coronavirus outbreak.

Gold held steady overnight following a surge in the previous session on the US Federal Reserve's surprise rate cut, as a firmer dollar and strong uptick in risk sentiment limited bullion's upside.

Encounter Resources announced today that mid-tier miner IGO plans to build on their existing partnership by entering a farm-in and joint venture deal in the Paterson Province in the Pilbara.

The amount of money raised by ASX-listed explorers increased by 19 per cent to $1.61 billion in the December quarter, primarily for larger companies with lower-risk projects, according to a new report from accounting firm BDO.

National superannuation giant First State Super and smaller Perth-based fund WA Super have signed a memorandum of understanding to evaluate the benefits of a merger.

Andrew Forrest has added to his diverse business portfolio, purchasing global renewable energy development company Windlab in a consortium with Sydney-based Federation Asset Management.

The Australian stock market has suffered another monster sell-off, losing ground for the eighth time in nine days as three of the country's four big banks plunged to their lowest levels in many years.

Former champion track cyclist Tim Willing is bringing a distinctly community-oriented approach to property development.

The Public Transport Authority of WA has awarded Metronet rail contracts to Calibre, RJV and CFC Group-owned Cape.

A local access management firm has entered a partnership with Swedish scaffolding manufacturer HAKI to provide a platform for expansion into the oil and gas industry.

OPINION: The Corruption and Crime Commission has experienced highs and lows since being established with draconian powers in 2004 by the Gallop Labor government to root out poor practices in the public sector.

Residential rents have increased for the first time in three years across the metropolitan area, the latest evidence of an upswing in Perth property.

The national economy put in a better than expected performance during the back end of 2019 with GDP growing 0.5 per cent in the December quarter, but the news for Western Australia was not so good, with state final demand falling.

The Australian stock market has dropped more than one per cent after US stocks tumbled overnight after a surprise rate cut.

Weak export volumes keep iron ore prices high

Oil prices fell in a volatile session on Tuesday, succumbing to fears the coronavirus would take a heavy toll on energy demand even after the Federal Reserve cut US interest rates and OPEC and allied producers considered more output cuts to support prices.

Gold surged overnight after the US central bank cut interest rates to help cushion the economic damage caused by the coronavirus outbreak and on expectations of policy easing by other major central banks.

The Australian subsidiary of Spanish engineering contractor Duro Felguera has been placed into voluntary administration after becoming mired in multiple legal disputes related to construction of the Roy Hill iron ore project.

The Australian share market has snapped a seven-day losing streak in which it lost over $250 billion in value over fears from the coronavirus epidemic.

Paladin Energy has received formal approval from the government of Malawi to proceed with the sale of its Kayelekera uranium project to Perth-based Lotus Resources and Lily Resources.

Flinders Mines has gained shareholder approval to progress its Pilbara iron ore project, following months of questioning from minority shareholders over the role major shareholder Todd Corporation would play in developing the project.

Steve Thomas and Tony Krsticevic are among those given more responsibility in changes to the shadow cabinet announced by opposition leader Liza Harvey on the weekend.

Focusing on how Western Australia is tackling the need for more density and the law underpinning this growth, this podcast with Moharich & More director Belinda Moharich and Business News associate editor Dan Wilkie examines some current topics hitting the headlines, particularly in relation to infill development and density.

Gold explorer Anova Metals will appoint a new managing director upon completion of a proposed $3.9 million capital raising, while also entering into a loan agreement with a Hong Kong-based investment group for $2.5 million.

Perth’s median house price rose slightly in February, with the latest set of data from market analysts CoreLogic indicating a gradual recovery in home values could be taking hold.

Perth Festival anticipates it will achieve a small increase in its box office sales, from $5.4 million in 2019 to $5.5 million in 2020.

SPECIAL REPORT: The Perth Basin could be in for a transformational year.