The local share market has nosedived amid fear that the deadly coronavirus epidemic will cause a prolonged shutdown of Australia's biggest trading partner.
Social services organisation St Bart’s has undergone major changes in recent months, with a rebrand to reposition its services and the appointment of a new chief executive.
Andrew Wood has retired as chief executive of engineering giant Worley and been replaced by the company’s chief operating officer, Chris Ashton, in a move that has surprised the markets.
The full impact of the novel coronavirus outbreak has begun to weigh on the Australian economy, with aviation, commodities and education absorbing the worst of the shock.
Primero Group has increased its order book to $195 million for the 2020 financial year after securing $100 million worth of engineering and construction contracts with Rio Tinto and Fortescue Metals Group.
Private companies and not-for-profit businesses play a prominent role in the West Australian economy, with annual revenue at the top 20 exceeding $32 billion, according to data compiled by Business News.
Perth housing values remained flat during January in contrast to most other capital cities, which experienced strong growth in December to finish out 2019 on a positive note, according a report from CoreLogic.
Closing the Perth City Deal, tackling homelessness and antisocial behaviour, and providing opportunities for population growth are expected to be the top challenges for a new chief executive of the City of Perth.
Minister for Resources and Northern Australia Matt Canavan has quit cabinet today and thrown his support behind former deputy prime minister Barnaby Joyce, who has announced plans to seek leadership of the National Party tomorrow. It follows the resignation of deputy Nationals leader Bridget McKenzie yesterday and Greens leader Richard Di Natale today.
Oil Search shares have dropped more than 10 per cent in value after negotiations on developing a new gas field in Papua New Guinea fell apart over the weekend.
Oil prices fell on Friday and were on track for a fourth straight weekly loss on mounting worries about economic damage from the coronavirus that has spread from China to around 20 countries, killing more than 200 people.
Gold prices rose on Friday and were heading for their best month in five as worries over economic growth due to the fast-spreading coronavirus boosted appetite for safe havens.
Work on the first Henderson-built offshore patrol vessel will get under way within weeks, part of a 12-ship program worth $2 billion headed by German business Luerssen and local partner Civmec.
Contact information for nearly 1,500 visitors to The Perth Mint has been stolen through a data breach of West Perth-based market research company Metrix Consulting.
Former Boston Consulting Group managing partner Ross Love has been made chair of the Fremantle Ports Authority, with the Mid West and Southern Ports authorities also appointing new chairs earlier this month.
PODCAST: Mark Beyer and Mark Pownall discuss coronavirus and Brexit, new Chevron HQ, new office fund, WA’s biggest venture capital fund, discounted payment terms, workplace tragedies, City of Perth elections and our feature on Private Business.
Dunsborough-based Nauti-Craft has taken a notable step toward commercialising its marine suspension technology in global markets after signing an agreement with Yanmar Shipbuilding & Engineering Co.
Seven regional roads in Western Australia, including Great Eastern Highway and Indian Ocean Drive, will receive $17.5 million worth of upgrades this financial year in efforts to improve safety and prevent run-off crashes.
Building firms ADCO Constructions and Pindan have secured a pair of contracts collectively worth around $24 million, with ADCO to expand Osborne Park Hospital and Pindan to build a new community centre in Kalamunda.
Representatives from Western Australia’s education and tourism sectors have expressed cautious optimism the state’s institutions are well placed to ride out the effects of the current novel coronavirus outbreak, as the state government pledges $2.9 million in extra funding to aid in combatting the impact it will have on WA's tourism sector.
Funds manager Perpetual plans to buy US responsible investments firm Trillium Asset Management to take advantage of growing demand for sustainable investment.
Australian stocks seem set to end the week on a positive note despite continued international concern about the deadly coronavirus epidemic and its impact on the global economy.
