Latest Headlines

A 10 per cent fall in membership revenue and a spike in administration, marketing and redundancy costs have conspired to deliver a $1.6 million annual loss for the Fremantle Dockers.

Warring joint venture partners Northern Star Resources and Tribune Resources have been cautioned by a Supreme Court judge to avoid a 'Stalingrad' outcome of mutual commercial devastation.

The Australian share market has clawed back its losses from earlier in the week to hit a fresh all-time closing high - even as five more companies announced their earnings had been affected by the coronavirus epidemic.

Cedar Woods Properties is targeting a stronger second half of FY2020 after recording an expected profit dip in the first six months of the financial year, while Stockland said its results were also in line with expectations, with its earnings also weighted towards the second half.

Vocus shares have risen after the broadband provider said it had made progress digging out of its mountain of debt and had delivered on major projects as part of a three-year turnaround.

Western Australia’s tourism industry could receive a much welcomed boost in the coming months, as Princess Cruises diverts several of its routes to Australia due to port closures throughout Asia.

Rio Tinto has purchased a third jet for Western Australia’s aeromedical fleet, as part of a six-year partnership extension with the Royal Flying Doctor Service (RFDS).

Crown Resorts has posted net profit of $173 million for the year to December 2019, an 11 per cent drop on the previous period that chief executive Ken Barton attributed to mixed trading conditions across various arms of the business.

A focus on the emerging downsizers market and collaboration with some established firms has proved a successful strategy for one of Perth’s newest developers.

Wangara-based Shorewater Marine has secured maintenance and construction works, including at Busselton Jetty, worth a combined value of $7.4 million.

For all the advances and disruptive opportunities available via everyday tech such as smartphones, Pubster founder Adam Mastey still sees opportunities in the hospitality sector.

Britain's EG Group had offered to acquire Caltex Australia for $3.9 billion in cash and separate shares to be issued in a newly listed company on the ASX.

Fortescue Metals Group has reported a near four-fold jump in first-half profit as it cashed in on higher iron ore prices, while analysts said a lower than expected dividend reflected caution on the global economy.

Wesfarmers has sold $1.1 billion of Coles shares, reducing its holdings of the supermarket chain to 10 per cent, while revealing $24 million of payroll problems during its half-yearly results released today.

Australian shares have opened flat amid mixed local news and after US markets and oil slid overnight on another coronavirus scare.

APA emerges as suitor for part of Woodside stake in Pluto-2 LNG plant

Gold has surged more than 1.0 per cent to fetch more than $US1,600 an ounce as Apple's surprise warning about the impact of the coronavirus outbreak fuelled concerns about global economic weakness, driving investors to lower-risk assets.

Macmahon Holdings has received a letter of intent from Silver Lake Resources for further work at the Mount Monger gold operations, including development of the new Santa mine.

The Australian share market has finished marginally lower for a second day as investors digest local profit results in the absence of strong offshore leads.

Contractors Monadelphous and Emeco Holdings enjoyed solid share price gains today after reporting their interim results, with Emeco posting higher profits and improved margins while Monadelphous forecast a 10 per cent increase in revenue for the full financial year after a soft first-half.

Panoramic Resources has sold a portion of shares in its Perth-based subsidiary, Horizon Gold, to the company’s major shareholder for $5.5 million.

Work has begun on a Fremantle apartments project that promises to enliven the port city’s east end, while a $6.8 million redevelopment of Beechboro’s Altone Park Shopping Centre has also kicked off.

NSW-based contractor Downer has secured the road portion of works for the Denny Avenue level crossing removal in Kelmscott, ahead of Perth construction company Decmil.

Recent planning decisions have been positive for developers in South Perth, but several major players have cautioned that significant challenges remain in the near-city suburb.

Low rainfall and high temperatures in spring have resulted in significantly lower wheat, barley, canola and winter crop production in Western Australia.

When their first sponsorship arrangement was introduced 25 years ago, EY was an accounting, tax and corporate finance business and WASO was part of the ABC.

Miner Rio Tinto has lowered its forecast for the volume of iron ore it expects to ship from the Pilbara region after tropical cyclone Damien hit the coast of Western Australia.

BHP shareholders will receive a heftier, fully franked 65 US cents per share interim dividend after the global miner lifted its first-half statutory profit 29 per cent to $US4.87 billion ($A7.25 billion).

Attorney-General Christian Porter has sent a warning to corporate Australia after Coles became the latest major company embroiled in an underpayment scandal.

Shares in Seven West Media have dropped to a record low after the media company posted a $67 million first-half loss as Australia's TV market continued its rapid decline.

As rapid technological change disrupts the economy, WA must ensure women share the benefits.

Almost one in 10 people aged 24 to 30 have left WA in the past five years, signalling more must be done to create a culture of opportunity.