Perth’s residential rental market is tightening significantly, with prospective tenants offering lease terms above the listed price in some locations as supply continues to fall.
Gold pared gains as investors booked profits after prices climbed more than 1 per cent earlier in the session on mounting worries about how the coronavirus outbreak might hurt the global economy.
Oil prices tumbled for a fifth day overnight to their lowest in more than a year, as further novel coronavirus cases outside China fanned fears that a pandemic could slow the global economy and erode demand for crude.
Paul Blackburne’s unwavering belief that Perth needs more apartments has been validated by the growth of his company into one of the city’s most prolific developers.
The Australian share market's remarkable gains for the year have vanished in four days of tumultuous trading as government officials rolled out worst-case scenarios for a response to the coronavirus outbreak.
Western Australia is the top jurisdiction in the world for mining investment, moving up from second place a year earlier, according to a recent survey from the Fraser Institute.
Western Australia's largest timber plantation owner, investment group New Forests, has expanded its holdings by purchasing 12,000 hectares of bluegums from Bunbury Fibre Plantations, a subsidiary of Japan’s Mitsui & Co.
Struggling miner Dacian Gold has slashed the mineral resource estimate for its Mt Morgans operation in Western Australia and reduced expected production over the next three years.
Australia's travel ban on people coming from China has been extended for a further week as the government enacted an emergency response plan to deal with the coronavirus.
The Housing Industry Association is projecting an improvement in Western Australia’s home building market by the end of this year, citing an increase in population, building approvals and private house sales as cause for optimism.
CBH Group has awarded contracts to WCP Civil and Georgiou Group, as part of what it expects to be more than $200 million in planned spending on the company’s network this year.
SRG Global has secured a major portion of construction works at Chevron’s new headquarters, currently being built at Elizabeth Quay, under a $72 million contract with Multiplex.
HBF is utilising the popularity of quokkas as a symbol of Western Australia and its status as a not-for-profit business as it takes on the big health funds on the east coast.
An increase in retail spending, a growing population and improved housing finance figures suggest positive times ahead for Western Australia’s economy, according to CommSec chief economist Craig James.
The state government plan to shield entertainment venues from noise complaints is raising concerns in Fremantle, with claims the implementation of ‘special entertainment precincts’ may not address the complexities associated with the port city’s increasing density.
Australia's largest car dealership chain says the tough conditions in the vehicle market show no sign of rebounding, with nationwide sales down 7.8 per cent in 2019 and 12.5 per cent in January, compared to a year ago.
Lynas Corporation says Malaysia has approved a new three-year licence that allows it to operate the only major rare earths processing plant outside of China.
Flight Centre has slashed its full-year profit guidance amid the worsening impact of the coronavirus outbreak on the travel sector and as its first-half profit plunged.
The Australian share market has crept marginally higher after three tumultuous days during which most of the gains it made this year were all but wiped out.
Oil prices fell three per cent on Wednesday after hundreds of new coronavirus cases reported in Europe and the Middle East stoked fears that energy demand would decline, and on concerns that the virus would become a pandemic in the United States.
Gold prices have gained following a steep fall in previous sessions as concerns over the coronavirus outbreak and its impact on the global economy raised hopes of interest rate cuts by major central banks.
The Supreme Court has disclosed that company director Russell Moran could have settled his dispute with broking firm Argonaut by paying $2 million; instead he went to trial and has now been ordered to pay in excess of $37 million.
Woodside Petroleum and BHP have reshuffled their interests in two petroleum titles key to the Scarborough LNG project, as the companies prepare for a final investment decision this year.
National advisory body Infrastructure Australia has added regional roads upgrades in WA and Perth’s water security to its listing of high priority initiatives that need more attention, and notably has kept the proposed Morley Ellenbrook rail link near the bottom of its priority list.
A third straight day of monster losses for the Australian share market has come close to wiping out the local bourse's phenomenal gains since the start of the year.
