IOOF managing director Christopher Kelaher has left the business, as the beleaguered wealth manager focuses on restoring trust amid a shareholder class action and court action by the prudential regulator.
Oil prices edged down overnight after US government data showed a surprise build in crude inventories, but futures held near their highest in almost five months as OPEC-led output cuts and sanctions on Iran tightened the supply outlook.
Gold prices slipped overnight as stock markets rallied globally on hopes the United States and China could clinch a trade deal, while a weaker US dollar limited bullion's losses.
State government owned Gold Corporation is Australia’s third biggest manufacturing business, according to data published by Ibisworld today, with revenue of $18.9 billion in the year to June 2018.
Shares in gold explorer Matador Mining closed nearly 40 per cent higher today after prominent industry figures Mark Clark and Nick Giorgetta backed a $5 million share placement.
A London-based private equity fund has agreed to a conditional cornerstone equity investment of $20.8 million in Kalium Lakes, giving it a 19.99 per cent holding in the aspiring potash producer.
Confidence is returning to Perth’s apartment sector, with a surge in sales motivating developers to advance new projects, driving the highest level of approvals in the past three years.
Former Rising Stars winner Injury Connect has rebranded as Solv to better reflect its continuing rapid growth and expansion of services into safety and health software.
Communications firm Swift Media has announced that chief executive and managing director Xavier Kris will step down in June, following the recent departure of non-executive chairman Carl Clump.
Sydney-based property company GPT Group has announced the appointment of Tracey Horton as a non-executive director, the second Western Australia-based director to join its board.
The Perth District Court has found former C&G Group Industries director, Christopher Edward Eric Skelly, guilty of a fraud charge brought by the Australian Securities and Investments Commission.
National retail spending rose 0.8 per cent in February, beating market expectations and potentially giving the Reserve Bank some breathing room on any cut to the cash rate.
An investigation of Synergy’s bidding behaviour by the state’s Economic Regulation Authority found the power generator may have breached pricing rules in nearly 13,000 half-hour trading intervals between March 2016 and July 2017.
Treasurer Josh Frydenberg’s budget has been welcomed in the building and construction sector, with the Housing Industry Association saying its new initiatives will have a positive effect on housing affordability and the Master Builders Association saying it will promote economic growth.
Oil prices hit their highest level so far in 2019 overnight, with Brent crude approaching $US70 a barrel, on the prospect that more sanctions against Iran and further Venezuelan disruptions could deepen an OPEC-led supply cut.
Gold firmed overnight, recovering from a near four-week low, as US stock markets retreated, but a strong US dollar and robust economic data from the US and China eased fears of a global slowdown, capping bullion's advance.
Millions of Australian workers will get an extra $1000 back and commuters will see a decade of road and rail upgrades in the nation's first surplus budget in 12 years.
Australian shares have moved higher for a sixth straight day, as markets around the world rallied on the back of positive data from the world's two largest economies.
Dyno Nobel has been fined $250,000 and ordered to pay costs of $30,000 in the Perth Magistrates Court, following the death of one of its employees at the Telfer gold mine in May 2015.
Plugging the funding gap for disadvantaged kids is a key issue for Variety WA chief executive Tony Hume, who has had to make some significant decisions on the future direction of the charity during his six months in the role.
Agtech startup Laconik has received a federal government grant, the only Western Australian-based business out of 15 across the country to receive a portion of a $5.3 million round of funding.
BHP Group said today it expected its Pilbara iron ore production to be reduced by between 6 million tonnes and 8mt this year because of the impact of flooding on its rail network and Port Hedland operations..
Vikas Rambal’s Perdaman Industries has continued its march on retail property, adding a third shopping centre to its portfolio through the $20 million acquisition of The Village at Margs.
