Westpac's money laundering scandal could blow a $1.03 billion hole in its first-half cash profit, with the bank setting aside an eye-watering $900 million for a potential legal penalty.
Oil prices were mixed as the historic production-cut deal inked by major global oil producers was not enough to assuage existing worries about the demand destruction brought on by the coronavirus pandemic.
The Australian share market has finished the week with gains across the board on hopes the coronavirus crisis might be easing in the hardest-hit areas.
WA has reported 14 new infections, including two more healthcare workers in the Kimberley. Premier Mark McGowan has urged Western Australians to stay at home over Easter. Police will patrol Perth beaches over the long weekend.
A schoolmate of mine who is now hunkered down in his home base in the US city of Chicago emailed me the graphics in this article showing how his modelling showed Australia was doing compared to the
Mineral sands company Iluka Resources has withdrawn its full year earnings guidance, citing market uncertainty as a result of COVID-19, but says it will proceed with its proposed iron ore royalty demerger.
Fremantle institution The Chart & Map Shop has been given 30 days' notice to vacate the Collie Street property it has called home for 25 years, despite Prime Minister Scott Morrison last month calling for a moratorium on evictions.
PODCAST: Mark Pownall and Mark Beyer discuss markets settle, rent relief, JobKeeper legislation, interstate FIFO, Seven Group, Lumiere apartments approved, distillery distinction, and our Great for the State feature on WA's health system.
Stockbroking and funds management group Euroz expects to report a loss of $16 million for the nine months to the end of March but said its trading activity is still profitable and it intends to pay a final dividend.
It is fascinating what you can find in our rich world of data if you have the time and inclination. Clearly there's more of both than usual for some people these days.
Planning Minister Rita Saffioti is offering developers a reprieve from uncertainty caused by the COVID-19 crisis, with a blanket two-year extension of development approvals expected to be announced later today.
Spanish engineering group ACCIONA has been named as preferred proponent for the construction works for the $253 million Bayswater train station upgrade, beating out a rival bid from a consortium comprising Georgiou Group and Lendlease.
OPINION: The big changes forced on the mining sector's FIFO operations is a perfect example of how upheaval in business can present opportunities to improve when the crisis has passed.
Fini Group has lodged a development application to build a new $200 million medical and commercial precinct at Murdoch, highlighted by the state's first medihotel, but the project is at least a year behind its original schedule.
The University of Western Australia has partnered with Microsoft to rapidly implement a remote learning solution that covers nearly all its courses, building on a package originally conceived to support international students unable to come to Australia early this year.
Gold prices held steady as investors awaited the release of minutes from the US Federal Reserve's policy meeting, which is expected to provide further clues on stimulus measures amid rapid surge in coronavirus cases.
Improving monitoring of potential COVID-19 cases in the community will reduce pressure on the healthcare system and stop transmission, according to proponents of a Western Australian telehealth consortium.
In November 1942, Winston Churchill famously said the German defeat at El Alamein represented not the end of the war, or even the beginning of the end but, perhaps, the end of the beginning.
The Australian share market has dipped in the final minutes of trade to close lower, with the banking sector suffering the most after an APRA suggestion to suspend their dividends and a downgrade to their credit ratings.
The federal government's $130 billion wage subsidy package clears its first hurdle, Western Australia records an additional 11 cases of COVID-19, and Premier Mark McGowan pledges millions to expand the state's police force.
CBH Group district four member director Trevor Badger has refused to resign after allegations he materially breached board confidentiality, forcing CBH Group to hold a special general meeting for growers to vote on whether to remove him.
Andrew and Nicola Forrest have donated an additional $520 million to their philanthropic organisation Minderoo Foundation, bringing their total donations to $2 billion.
St Hilda's Anglican School for Girls has taken remote learning to the next level with the launch of its own online video channel, which aims to maintain students' social engagement during the COVID- 19 pandemic.
A major global credit rating agency has put a dampener on the federal parliament's likely passing of a $130 billion stimulus package aimed at supporting the economy through the coronavirus pandemic.
