Latest Headlines

Alicanto Minerals has exercised its option to acquire Zaffer Australian which owns the Oxberg and Naverberg Volcanogenic Massive Sulphide Projects within the highly endowed Cu-Au-Zn-Pb-Ag Bergslage

Boral boss Mike Kane has announced he is standing down after the company confirmed staff at its North American windows business had inflated earnings figures over a 20-month period.

JB Hi-Fi's Christmas has proven music to investors' ears, with strong summer sales and online growth helping the electronics retailer shake sector-wide softness and post a record first-half profit.

Australian shares were below the 7,000 points level at noon as continuing global concerns about the coronavirus outbreak caused falls in most sectors.

Cyclone hits Pilbara iron ore mines

Oil prices fell 1 per cent on Friday as Russia said it needed more time before committing to output cuts sought by other large producers while the coronavirus outbreak fanned worries about global crude demand.

Gold prices have risen as fears of an economic slowdown from the coronavirus outbreak and lower interest rates globally offset strong US economic data.

PODCAST: Mark Beyer and Mark Pownall discuss coronavirus, South Perth and Subiaco developments, Indiana Teahouse, property report, retail failures, mining contracts, how to turn a $6 million punt into a $30 million debt, and our special report on Western Australia's most influential people.

The Australian share market has snapped its three-day winning streak, with broad losses across most sectors despite Wall Street setting new record highs overnight.

Henderson-based Volt Power Group has signed an agreement with Chevron to trial a mobile solar light tower at the oil and gas company's Barrow Island LNG facility.

Airbnb says 4.5 million people booked rooms on its online lodging platform in regional Australia last year, with 260,000 guests visiting regional Western Australia, confirming the widespread uptake of its accommodation services.

The Yamatji Indigenous community has celebrated a landmark economic package and native title recognition for more than 100,000 hectares of land in Western Australia’s Mid West.

Four of Perth’s most notable business leaders offered their thoughts on how corporations can have a positive impact on the Western Australian community this afternoon, as Business News celebrated its ’Great for the State’ series ahead of the first edition for 2020.

Perth Festival begins tonight with a week of indigenous programming and the unveiling of a new venue, City of Lights at Perth Concert Hall.

Perth-based McCorkell Constructions has secured a $6.6 million contract with the state government to build a new fire and emergency services station in Kensington.

For a man tasked with delivering air travel solutions and encouraging people to fly, Kevin Brown says the bulk of his recent work has involved helping the travelling public spend less time in transit.

City officials and service providers say helping Perth’s homeless requires more investment from federal and state governments.

Mackerel Islands will begin managing Karijini Eco Retreat as of next month, with the Pilbara-based operator taking over operations of the Gumala Enterprises-owned facility.

Technology to replenish borewells in India could have applications in WA, which faces its own water problems.

Rare earths miner Lynas Corporation has threatened defamation action against opponents aiming to prevent it from operating in Malaysia following attacks in the local media.

The Reserve Bank has kept its word and left its growth forecast unchanged through to the end of the year, while continuing to insist the GDP hit from bushfires, drought and coronavirus outbreak will be short-lived.

Andrew Forrest’s Minderoo Group is heading back to the drawing board on its plan to redevelop Cottesloe’s Indiana Tea House, after the local community expressed little desire to see an architectural jury’s preferred design become reality.

Heavyweight mining and energy stocks have dragged the Australian share market down at noon after three straight days of gains.

WA health giant looks east for young dollars

Oil futures gave up early gains overnight as OPEC and its partner Russia gave mixed signals about possible further output cuts to mitigate the impact of the coronavirus outbreak that has amplified concerns about weak global oil demand.

Gold rose overnight as expectations of central banks keeping interest rates low and uncertainties around the economic impact of the coronavirus epidemic fueled appetite for the safe-haven metal.

The local bourse has enjoyed its best single day in nearly a month, climbing back over 7,000 following a strong lead from Wall Street.

Perth-based explorer Tesoro Resources will begin trading on the Australian Securities Exchange tomorrow after completing a backdoor listing, an outcome that's been increasingly rare of late.

Construction work will start in April on the $35 million second stage of the University of Western Australia’s Forrest Hall, with local building firm Jaxon appointed to carry out the works.

National retail spending fell by a worse-than-expected 0.5 per cent in a fire-affected December, however, retail giant Coles recorded a surprisingly strong Christmas period.

Perth-based explorers Technology Metals and Artemis Resources have each raised $2.1 million through share placements, while South Australian company Twenty Seven Co is seeking to raise $1.6 million to explore its tenements in Western Australia’s Goldfields region.

The state government has today announced additional flights to and from Singapore, in an effort to maintain stability in WA’s tourism market following the worsening coronavirus outbreak on the Chinese mainland.