Latest Headlines

The Australian sharemarket has slumped lower for a second straight day, leaving it flat for the week.

Farmed prawns producer Seafarms Group has raised $20 million via a share placement, and will conduct a share purchase plan to raise up to $4 million along with a $3 million debt-to-equity conversion.

Woodside Petroleum has signed a heads of agreement to supply liquefied natural gas to China's ENN Ecological Holdings for 10 years from 2025.

Commercial property in Perth is emerging as a value proposition for national investors as east coast markets pass their peak.

A group of mid-tier contractors has banded together to lobby for the federal government to introduce tougher rules on the flow of work from infrastructure projects.

Perth’s residential market will be challenging in the short term, but fresh research shows the city is ripe for investment as the Western Australian economy continues to improve, new housing supply continues to slow, and dwellings remain affordable compared to other markets.

ASX-listed Maximus Resources has reached a sale agreement for its Burbanks gold processing plant in the Coolgardie region to privately owned, Perth-based Adaman Resources.

Saudi Agricultural and Livestock Investment Company is expected to invest heavily in a livestock and grain production operation in Western Australia’s Wheatbelt, after settling on its acquisition of a 200,000-hectare parcel of land bought from the Nicoletti family.

Subiaco-based SRG Global has won a drill-and-blast services contract extension with Evolution Mining at several of its gold mines in Australia.

PODCAST: Mark Pownall and Mark Beyer discuss the AHG takeover, FMG’s Iron Bridge project, house prices and apartment sales, who is WA’s biggest manufacturer, tourism statistics and indigenous cultural precinct plans, P&N bank merger and our special report on agribusiness.

Ensuring the future is human can only become reality if we engage in honest discussions about the impact of AI and tech.

The state government has turned to the private sector to find a new home for Scitech, after previous attempts to move the organisation to the Perth Cultural Centre fell through.

Western Australia’s $50,000 Black Swan Prize for Portraiture has been renamed the Lester Prize, in honour of the award’s leading patron, Dick Lester.

Bill Shorten is promising voters billions of extra dollars for health and bigger personal income tax cuts for low income workers if Labor wins the next election.

AP Eagers has made a takeover bid for Automotive Holdings Group, which values the struggling West Perth-based car retailer at around $635.4 million.

Australian shares have opened lower for the second day in a row, with all sectors joining the slump.

Shorten outbids on tax, health

Brent oil prices rose overnight, briefly touching $US70 a barrel for the first time since November as expectations of tight global supply outweighed pressure from rising US production and less robust global demand indicators.

Gold inched higher overnight after touching a near 10-week low earlier in the session as the US dollar firmed on US jobs data, while investors awaited clarity on US-China trade talks.

Perth-based P&N Bank has agreed to merge with its smaller east coast counterpart bcu, creating one of the largest customer-owned banks in Australia with $6 billion of assets.

Publicans and restaurateurs have spent more than $5 million on a string of refurbishments and new developments in the flourishing precinct around Scarborough.

Sales of passenger vehicles in Western Australia in the three months to March fell by 18.5 per cent from the prior corresponding period and sales of sport utility vehicles also fell, but demand for light commercial vehicles was on the rise.

The Australian share market has suffered its first losing session in eight days, with nearly every sector down.

Listed companies Battery Minerals, Cassini Resources and First Graphene have completed share placements, with the proceeds to help fund their projects in the battery metals sector.

Perth-based lithium miner Galaxy Resources has announced the appointment of Iluka Resources’ Simon Hay as chief executive, commencing on July 1.

Two online platforms are aiming to shake up business catering in WA.

Gold aspirant Capricorn Metals has announced a $10.1 million rights issue, while the company assess sale options, including being acquired.

OPINION: A fair go for WA would be suitable ministerial representation for the state in a Shorten government.

Mineral Commodities (MRC) has acquired Norwegian company Skaland Graphite, which the Welshpool-based miner said was the owner of the world’s highest grade flake graphite operation.

Attorney General John Quigley has announced the appointment of Supreme Court justice Janine Pritchard as president of the State Administrative Tribunal for a five-year term, effective from June 4 2019.

Woodside Petroleum and Chevron have applied for a new licence for their Kitimat LNG plant in northern British Columbia that could nearly double the project's size to produce 18 million tonnes per annum (mtpa).

Graincorp's plans to demerge its global malting business and list the new company on the ASX have been greeted warmly by investors.