Perth-based IT consulting firm Velrada has established a technology incubator that will invest $10 million over three years to commercialise new products and software solutions.
Independence Group is planning to take advantage of nickel miner Panoramic Resources' operational issues and boardroom changes by launching a hostile scrip takeover bid.
The Australian share market has moved higher despite a slide in major bank stocks, instead following the positive lead from Wall Street at the end of last week.
Oil prices rose nearly 4.0 per cent on Friday on signs of progress in US-China trade talks and stronger-than-expected economic data in both countries, including US employment and Chinese manufacturing activity numbers.
Silver Lake Resources has substantially improved the terms of its scrip takeover bid for EganStreet Resources, which disclosed today it had been approached by Adaman Resources with a competing cash offer.
Fortescue Metals Group has awarded a $24 million contract to Australian Ceramics Engineering, primarily to provide offsite refurbishment for its operational sites in the Pilbara.
The $600 million Wodgina lithium project is being placed on care and maintenance, after its ownership was transferred to a joint venture between US company Albemarle Corporation and local company Mineral Resources.
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Labor has walked away from its planned major redistribution of income, and sought to clarify confusion over coal mining that cost it at the last federal poll.
Gina Rinehart's Hancock Prospecting and its subsidiary Roy Hill Holdings have delivered bumper profits off the back of higher iron ore prices, with Hancock posting a profit of $2.6 billion for the year to June 2019.
Rechabites Hall in Northbridge was officially relaunched as a 1,500-capacity, multi-use venue earlier this month, with the overhaul driven by former Artrage chief executive Marcus Canning.
Artistic director Iain Grandage launched the 2020 Perth Festival program last night and announced the first week of the 24-day festival will be dedicated to First Nations performances.
Macquarie Group has lifted first-half profit 11 per cent to $1.46 billion and increased its interim dividend, but maintains its full-year result will fall short of last year's record.
Oil and gas explorer Strike Energy announced today it has raised $30 million through a share placement and is seeking an additional $5 million through a share purchase plan, primarily to fund the company's exploration and appraisal programs in the Perth Basin.
Orica has increased its shareholder payout after the explosives maker swung to a $245.1 million full-year profit despite $134 million in writedowns against IT and a WA ammonium nitrate plant.
Oil prices were nearly 2.0 per cent lower overnight after a leak on a key US pipeline disrupted supply flows and on data showing weak factory activity in China.
Gold prices jumped more than 1.0 per cent overnight supported by an interest rate cut by the US Federal Reserve and as uncertainty surrounding a US-China trade deal bolstered the metal's safe-haven appeal.
Planning Minister Rita Saffioti has confirmed the state government will assess whether Finbar Group's Civic Heart proposal in South Perth should have been approved, while at the same time another planning flashpoint is emerging in Melville.
Shoe retailer Betts Group has returned to profitability after cutting nearly 130 stores in the past two years, and chief executive Danny Breckler is confident the business is now on the right path.
Investors across Australia have backed Primewest's ambitions to expand its offering via an ASX listing, with the company confirming it has raised its targeted $100 million.
Victoria-based online mediation and arbitration service Immediation will officially launch in Western Australia on November 20, on the back of $1.8 million partially raised from local investors.
A recycling and waste management business led by Bob McKinnon and Tom Rudas has kicked off plans for a stock market listing, with the company hoping to “supercharge” its growth and turn recent loss
