Latest Headlines

The local bourse has shrugged off its early losses to close at a fresh 13-week high despite a slumping CSL dragging down the market.

PODCAST: Mark Pownall and Mark Beyer discuss the looming recession, the housing stimulus package, BGC, Adrian Fini and Dale Alcock, Austal's new CEO, Richard Burt's move, Tim Marney's new role, the ASX recovery, and our special report on a perennial favourite, breweries and distilleries.

Northern Minerals managing director George Bauk has resigned from the role after 10 years, with the West Perth-based company now on the hunt for a new leader ahead of a planned restart of its Browns Range operations.

Former Western Australian under-treasurer Tim Marney has been appointed deputy chair of the federal government's five industrial relations working groups. Christian Porter, who will chair the working groups, announced Mr Marney's appointment this week.

Foreign investors will face a tough new national security test designed to protect Australia's critical assets from falling into the wrong hands.

More than 3,000 apprentices and trainees will be eligible for free courses of up to six months as part of the state government's latest effort to safeguard the future of Western Australia's workfor

A Western Australian coffee shop and coastal home were among the winners in this year's Australian Interior Design Awards (AIDA), while Hassell took out top national prize for its design of an Italian restaurant in Melbourne.

The Brighton Hotel in Mandurah has been purchased by a Perth-based syndicate for more than $3 million.

Western Australian health authorities say they have not approved mandatory coronavirus self-testing for fly-in, fly-out workers employed by Fortescue Metals Group.

Major crises have often heralded significant shifts in social behaviour, and COVID-19 could offer opportunities for changes in how we ‘work'.

Perth's interior designers are contemplating how mandatory working from home experiences will shape future workspaces.

A distinctive business culture has affected how three family businesses have navigated the pandemic.

Shares on the Australian market have slipped in early trade after Wall Street ended its four-day run of gains.

Healthy businesses face JobKeeper axe

Oil prices were little changed in choppy trade overnight as investors awaited a decision from top crude producers on whether to extend record output cuts.

Gold rose more than 1 per cent on Thursday as the dollar retreated and Wall Street paused its recent rally as dismal US trade data overshadowed slightly upbeat labor market numbers and optimism about an economic rebound.

The local bourse has gained for the fourth day this week, rising to its highest level since March 6 on a wave of optimism about the country's economic recovery.

ASX-listed Waterco is purchasing Kreepy Krauly distributor Autopool for $3.08 million, as the company seeks to expand its range of pool equipment products.

A $12.5 million submarine rescue facility to be built in Henderson will give Western Australia a central role in emergency rescues across the region; meanwhile a decision has still not been made on the best location for mid-life submarine maintenance docking.

Legend Mining has launched a $20 million share placement to progress its nickel-copper project in the Fraser Range, while fellow Western Australian explorers Auroch Minerals and Xantippe Resources have also announced capital raisings.

Mining contractor Macmahon Holdings has secured $700 million in work with Byerwen Coal for services at the company's mine in Queensland.

The federal government has launched a new $25,000 HomeBuilder grant, to go towards new builds or renovating an existing home, as the state government prepares to announce its own package in coming days.

Contractor Georgiou Group will build a $25 million pipeline for the long-term supply of water into Denmark, while ADCO Constructions has secured an $8.8 million contract for early redevelopment works at the Geraldton Health Campus.

Subiaco-based Peninsula Energy is raising $40.3 million under a heavily discounted rights issue to help repay its existing term debt and advance its flagship uranium project in the US.

Western Australians will be able to travel to the Kimberley, Shire of Ngaanyatjarraku and parts of the East Pilbara tomorrow after the federal government agreed to lift the state's biosecurity restrictions, two weeks earlier than the anticipated deadline.

OPINION: The virus has created a major shift in sentiment about the cost of diversifying our economy and trading relationships.

Western Australia's property developers hope the physical isolation that has helped mitigate the worst of COVID-19 in this state will also insulate the local apartment market from a contagion of a different kind.

Qantas has announced the airline and its low-cost carrier Jetstar will scale up flights on domestic and regional routes in June and July.

Shares have opened up by more than 1.0 per cent on the Australian stock market and financials have rocketed more than 3.0 per cent.

Success against virus boosts rare earths

Oil ended slightly higher overnight but remained below the session's early highs of above $US40 a barrel, the highest since March, retreating as doubts emerged about the timing and scale of a potential extension to the pact between OPEC and its allies to cut crude supplies.

Gold fell more than 2 per cent overnight as risk sentiment improved on hopes of a faster recovery from a coronavirus-driven economic slump, with investors largely overlooking civil unrest in the United States.