Lendlease is considering offloading its engineering and services unit after the property and infrastructure group's first-half profit crashed 96.3 per cent to $15.7 million.
Prime Minister Scott Morrison was adamant Australia will meet its emissions reduction targets, as he committed $2 billion to a fund which pays businesses to slash pollution.
Gold rose on Friday on the way to a second weekly gain as the US dollar was subdued by weak US economic data and hopes of a breakthrough in the US-China trade dispute, with a darkening global economic outlook bolstering bullion.
The big banks will be slugged an extra $640 million under a future Labor government to pay for a new ‘‘fairness’’ fund to give consumers a better chance to fight back against financial institutions
Oil prices touched their highest since mid-November on Friday and posted weekly gains for the second week in a row, boosted by hopes that US-China trade talks would soon produce a deal, although new record US oil supply limited gains.
PODCAST: Mark Pownall and Mark Beyer discuss Julie Bishop, unemployment, big contract wins, interim profit reports, Airbnb, Rottnest glamping, John Langoulant and our special report on junior miners.
Perth startup Formalytics is one of six tech businesses globally to be selected for an accelerator programme backed by the European football association.
Apartment developer Blackburne’s $235 million plan to redevelop Subiaco’s Pavilion Markets site has received final approval from planning authorities, paving the way for a formal marketing launch next month and a potential construction start by early next year.
Perth-based security and technology company Spectur has announced it will join the state government’s new shark drumline trial, providing nine Shark Warning Systems.
Talisman Mining has announced a $29 million capital return to shareholders in the form of a 15.625 cent per share dividend, following the sale of the company’s 30 per cent interest in the Springfield copper-gold project located in the Doolgunna region.
Bellevue Gold has raised $20 million via a share placement, with the funds to go towards drilling at its namesake project located near the Goldfields town of Leinster.
Automotive Holdings Group has skidded to a first-half loss, scrapping its dividend and cutting its guidance after a flagged $223 million write-down against its struggling car yards and refrigerated logistics business.
Oil prices sank below recent 2019 highs as US government data overnight showed a sharp build in crude stocks and record production, while concerns about slowing global economic growth weighed on the market.
Gold slipped from a 10-month peak overnight, pressured by signals the US Federal Reserve will not adopt as dovish a stance on monetary policy as previously thought and as investors booked profits, while palladium retreated from a record high.
A 33-year-old Perth accountant was today sentenced in the Perth District Court to four years’ jail for tax fraud, after obtaining and trying to obtain over $250,000 from his clients and the Australian Taxation Office.
Whether it’s the latest buzzword or corporate trend, understanding what to pay attention to and what to ignore can be difficult as well as damaging, if you get it wrong.
Western Australia’s unemployment rate has spiked to a 17-year high, at 6.8 per cent in seasonally adjusted terms, while the national numbers held steady.
Former foreign minister Julie Bishop has declared she is retiring from federal parliament at the next election, about six months after she left the role in the aftermath of a leadership spill.
The state government has today announced the rollout of $8.8 million of stand-alone power systems, with Perth-based companies Hybrid Systems and BayWA r.e Solar Systems to lead the first stage of deployment.
Shares in Mineral Resources fell sharply early today befor recovering some lost ground, after the company reported an interim net profit of $13 million, due in part to an unrealised loss on its stake in Pilbara Minerals.
Santos, Australia's second largest independent gas producer, has reported a more than doubling in full-year underlying profit following the acquisition of Quadrant assets and higher realised prices for its oil and gas.
Wesfarmers is handing more than $1 billion of the cash it raised by demerging Coles and selling other assets back to shareholders in the form of a special dividend.
