Latest Headlines

Perth's residential rentals hit their highest asking price in five years over the December quarter, as available properties continued to dwindle in what has quickly become a landlords' market.

Perth-based exploration company Eclipse Metals has acquired the Ivittuut mine in southwestern Greenland, the world's only commercial cryolite mine, through a cash and scrip deal.

Engineering company Civmec has secured the contract for the construction of the $6.3 million Kids' Bridge connecting Perth Children's Hospital with Kings Park.

US President-elect Joe Biden has unveiled a $US1.9 trillion spending package to combat the coronavirus pandemic and its impact on the economy.

The state government has introduced new mandatory medical tests for the engineered stone industry to protect workers from silicosis.

Fortescue mine hit by cost blowouts

Josh Frydenberg is confident the economy will continue to strengthen and that the unemployment rate will fall further.

Investors have had their best gains of the week on the Australian share market, ahead of US President-elect Joe Biden giving details of his economic stimulus plan.

Construction of a $70 million feed mill in Kwinana could begin within weeks, while a $30 million mill in Cuballing was approved in November.

CinefestOZ is expanding to launch a new film festival in Albany this year, after operating in the South West for the last 13 years.

Construction company Wauters has secured the works to build Western Power's new $16 million energy depot.

After three failed attempts to develop a new resort on Rottnest Island, most hoteliers would give up but not John Spence.

Como-based Medusa Mining has reported two more fatalities at its goldmine in the Philippines, taking the death toll to five in less than a year.

Perth-based biotherapeutic company Orthocell has received US approval for the use of its dental bone and tissue regeneration platform.

Rio Tinto has prolonged the operation of New Zealand's only aluminium smelter after signing a power contract the miner says will help its viability.

Entities related to seafood vendor The Fish Boss have gone into voluntary liquidation after suffering financially during the COVID-19 pandemic.

A permit for the clearance of almost 30 hectares of vegetation for the $126.5 million Ocean Reef Marina development has been modified following an appeal by concerned residents.

WA electric vehicle business Vmoto has secured its most significant order to date, with European company Greenmo Group.

Premier Mark McGowan has urged the federal government to reconsider using remote commonwealth facilities to quarantine returned travellers.

Agribusiness developer Alterra has completed the feasibility study of its 300-hectare avocado farm in Pemberton and plans to start planting avocados later this year.

The US House has voted to impeach President Donald Trump for a second time following the violent siege at the US Capitol last week by a mob of his supporters.

Savings war chest to drive recovery

A mid-session turnaround has helped the ASX close slightly higher, while Premier Investments' substantial earnings guidance upgrade gave cause for optimism.

All directors of Perth-based Cardinal Resources have accepted a takeover proposal from China's Shandong Gold, which recently raised its offer price to $1.075 per share.

A $200 million battery and gas power expansion in South Hedland has had development approval deferred three months to ensure the project is EPA compliant.

The company behind franchises Just Jeans, Smiggle and Peter Alexander expects its first-half earnings to rise by as much as 85 per cent following a spike in online sales.

A row is brewing between the shipping industry and the state government over who should be responsible for financing Port Hedland's voluntary buy-back scheme.

The Liberal Party is standing by its previous commitment to keep Western Power in public hands, with a plan to allow retailers to enter the market place to drive competition.

The approval of carbon nanotubes used in Perth-based Eden Innovations' concrete additive product EdenCrete now allows its distribution in Australia by Dulux Group.

Newcrest Mining has approved a $146 million early construction cost for its Havieron gold-copper project in WA, which the company will develop alongside UK's Greatland Gold.

Australia's recovery from recession is putting many businesses in a better position to pay their bills and hire more staff.

The state government has announced civil engineering company MGN Civil as the preferred tenderer for major earthworks on the $121 million Spoilbank Marina.