Resources services provider Babylon Pump & Power has entered into a conditional agreement to acquire diesel engine specialist Primepower Queensland for up to $4.2 million.
PODCAST: Mark Pownall and Matt Mckenzie discuss hospitality sector challenges, regional hotel expansion, gold versus lithium, heritage issues in Peppy Grove, Pacific Energy, our special report on infrastructure, and our Great for the State feature on disruption.
Sodexo Australia, one of WA's largest employers, announced a partnership with The Clontarf Foundation this morning as part of its Elevate Reconciliation Action Plan.
The chief executive of iron ore exploration and development company Elmore, formerly IndiOre, has confirmed his brother's law firm undertook the independent review into the business's failed project expansion, which was approved and under construction despite no adequate mineralisation being discovered.
Leasing transactions in central Perth office stock in 2019 have more than doubled the volume of activity in the prior year, driving vacancies below 5 per cent for premium buildings.
Australian private equity firm Allegro Funds says it will make a significant investment in Western Australia's largest diagnostic imaging provider, Perth Radiological Clinic, the latest in a string of deals for the sector.
Aurora Capital has abandoned its planned takeover of Yowie Group and says it would instead support winding up the Australian chocolatier if management cannot plot a convincing near-term turnaround strategy.
Oil prices edged higher overnight supported by rising tensions between the US and its allies and Iran and a big decline in US crude stockpiles, but gains were capped due to lingering worries about slowing economic growth that could reduce fuel demand.
Gold fell one per cent overnight to touch a one-week low as robust US economic data outweighed the European Central Bank's decision to hew to an accommodative monetary policy, with investors focusing on next week's Federal Reserve meeting.
The international owners of Cobham Aviation Services, which is one of the major players in the FIFO charter market in WA, have announced a strategic review that could lead to new ownership.
The Australian share market has moved higher for a third straight day, with the All Ordinaries index breaking through its all-time peak set nearly a dozen years ago.
Updates from two WA lithium miners today have highlighted the extent of the supply glut in the industry, with Pilbara Minerals confirming it will scale back production and Alita Resources launching a strategic review.
Fortescue Metals Group anticipates slightly higher iron ore shipments in the 2020 fiscal year, but the iron ore miner also flagged higher production costs, which it put down to inflationary and haulage pressures.
The Shire of Peppermint Grove has been strongly criticised in a Supreme Court ruling that found it mishandled the listing of heritage properties, and specifically a prominent house on the Swan River foreshore.
Main Roads Western Australia has awarded a $200 million panel contract to eight engineering businesses, with US-based KBR the only new addition from the previous contract.
With Cancer No Bueno having raised awareness and funds for the Leukaemia Foundation since 2014, the event's directors will step away this August and let us others continue their work.
OPINION: Paul Papalia's task to increase local, national and international tourist numbers and spending remains a work in progress, but signs are positive.
New data from the Australian Institute of Company Directors shows that women make up only 29.7 per cent of directors on ASX 200 boards, with WA's NRW Holdings and Emeco Holdings among four companies that have no women on their boards.
Business News would like to formally retract an article published last week, which stated that building supplies group Innovative Building Services had entered a joint venture with insulation supplier Australasian Insulation Supplies Pty Ltd (AIS).
The competition watchdog has accepted AP Eagers' proposed takeover of rival car dealer Automotive Holdings Group, on the condition AP Eagers sells its dealerships in Newcastle and the Hunter Valley region.
Oil prices fell one per cent overnight, failing to draw lasting support from a large decrease in US crude stockpiles as investors worried about global oil demand.
Gold gained overnight en route to snap a three-session losing streak on expectations the US Federal Reserve and other major central banks would adopt a dovish approach to monetary policy while silver soared to a more than one-year high.
The Australian share market has surged on hopes the US and China will reached a trade deal, with the All Ordinaries index hitting its highest closing price ever.
