Latest Headlines

A growing number of hospitality venues are either closing or revising their operations, after the Prime Minister announced the ban of all non-essential gatherings of 100 plus people. The ban is effective immediately and will impact religious services.

Australia's rollercoaster share market has plunged again on a raft of profit warnings, an unprecedented travel ban and cancelled flights.

Perth technology company Track’em has been awarded its second contract with Downer this year for the provision of its cloud-based asset tracking software.

More than half of Spectrum Metals shareholders have accepted $208 million takeover by Ramelius Resources, resulting in a wholly unconditional offer.

National construction company Built has won its second major project in Western Australia this month, after entering an early works agreement with aged care operator Curtin Heritage Living.

Euroz has flagged an $8 million hit to its earnings after pulling out of its 80 per cent-owned Prodigy Investment Partners joint venture, which had underperformed in recent years.

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.

Australia’s economy will contract 2 per cent in the March quarter, according to ANZ, as economists weigh up the impact of the COVID-19 pandemic.

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.

Civil and mining contractor NRW Holdings has been awarded an airport upgrade contract with BHP at its Olympic Dam project in South Australia.

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.

Iron ore’s $100bn export boom

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 share market has surged as investors snapped up blue-chip banks, supermarket, healthcare and mining stocks at bargain prices.

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.

Mark McGowan is resisting calls to close interstate borders as he confirmed three more coronavirus cases.

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

Varsity Group is preparing to open its sixth venue as the food and beverage anchor to Sirona Capital’s $220 million FOMO precinct in Fremantle.

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.

Up to 1.2m public staff could work from home

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.