New car sales across Australia have gone backwards for the 19th month in a row, the country's peak motor industry group says, with sales in Western Australia also down sharply.
NEC Australia has been contracted to deliver ICT services to the WA Police Force and the state's major hospitals, with the two agreements collectively worth up to $97 million over seven years.
Wesfarmers subsidiary Evol LNG has announced plans to upgrade its liquefied natural gas plant in Kwinana to increase production capacity by 40 per cent.
Virgin Australia says it will retire five ageing aircraft and reduce domestic capacity by 2 per cent in the first half of next year, including scrapping two services to Perth, as it focuses on more profitable routes.
Two researchers based at the Harry Perkins Institute of Medical Research will join the Centre of Excellence in Synthetic Biology as part of a $35 million investment courtesy of the Australian Research Council.
Subiaco’s apartments market is running hot, with Blackburne racking up rapid sales success at its $280 million One Subiaco development and boutique developer Celtic Properties launching an 82-dwelling development on Roydhouse Street.
Boral says first-quarter earnings have dipped across all three of the building materials maker's divisions, reaffirming guidance for a full-year profit drop of between five and 15 per cent.
Oil prices rose more than 1.0 per cent overnight on hopes for a US-China trade agreement and optimism that the US could roll back some tariffs on Chinese imports.
Gold fell 2.0 per cent overnight, en route to its biggest one-day dip in over a month, as expectations the United States may drop tariffs on Chinese imports assuaged some fears of a global recession.
Three Western Australian companies led by experienced mining executives are hoping to defy the slump in new stock market listings by launching initial public offerings over the past week.
Building surveying company Resolve Group and its two directors have been fined a total $35,000 for negligence after signing off on three buildings that failed to meet fire safety requirements.
Australia's resources industry is expected to be one of the biggest winners from a massive Asia-Pacific free-trade pact that covers half the world's population.
Contractors Georgiou Group, Ertech and Piacentini & Son have delivered a mixed bag of profit results in the 2018-19 financial year, with Ertech and Piacentini recording large improvements and Georgiou performing below expectations.
The incidence of worker fatalities across Australia has continued its trend decline over the past decade, with the number of deaths attributed to workplace incidents falling to 13 in WA and 144 nationally.
GR Engineering Services has signed a $24.5 million contract with Saracen Mineral Holdings to upgrade the processing plant at the Carosue Dam gold mine in Western Australia.
Subiaco-based Pointerra has announced commitments to raise $2.5 million through a share placement, primarily to fund the recruitment of further employees and technical resources.
The Reserve Bank of Australia has held the cash rate at a record low 0.75 per cent, while keeping the door open for future cuts if the low cost of borrowing and tax cuts fail to stimulate the economy.
Shopping centre owner-developer Con Berbatis has unveiled a $100 million-plus plan to redevelop Kardinya Park Shopping Centre, with preliminary designs calling for apartments, a cinema and a comprehensive suite of food and beverage and recreational facilities.
Oil prices rose overnight, buoyed by an improved outlook for crude demand as better than expected US jobs growth added to market hopes a preliminary US-China trade deal would be reached this month.
Gold edged lower overnight as investors leaned towards riskier assets, driven by optimism on US-China trade talks and fading fears of a global economic slowdown.
