Western Australian small and medium enterprises are the second least confident of all states and territories, but are the most optimistic for the long-term future, a survey of 1,000 SME operators has revealed.
The state government will lift a ban on fracking in prospective areas of Western Australia after an independent inquiry found the petroleum exploration practice to be low risk.
The federal government will lay out its tax and spending plans unusually early in 2019, after the budget brought forward by a month to allow for an election in May.
BHP Group has identified a new copper find near its Olympic Dam operations in South Australia, as speculation continues that Rio Tinto has also made a big copper discovery, in the Pilbara.
Oil prices have risen about three per cent, clawing back some of the previous session's steep losses, although gains where capped by uncertainty over global economic growth and further signs of increasing supply, including record Saudi production.
Gold firmed overnight, supported by uncertainty over the future pace of US interest rate hikes and the outcome of the G20 summit later this week when global leaders will focus on trade tensions.
The late Stan Perron, who passed away last Friday after building a $4 billion self-made fortune, started preparing for his succession more than 25 years ago.
Resolute Mining has signed a joint development agreement with Africa-focused power developer Ignite Energy to set up a 40-megawatt hybrid solar, battery and fuel oil plant at its Syama gold mine in Mali.
The Australian share market suffered broad-based losses but it was the commodity-related stocks bleeding red which was the biggest drag on the indices.
The embattled Myer board has made a fresh pitch to shareholders ahead of a likely explosive annual general meeting on Friday, declaring the completion of its refinancing was a vote of confidence.
Local construction company Jaxon has been awarded a $10 million contract to build a new student accommodation facility at St George’s College at the University of Western Australia.
Real estate developer Dexus says it has agreed to set up a $2 billion trust with Singapore's sovereign wealth fund GIC to invest in Australian logistics properties.
WestStar Industrial subsidiary Simpec has won a $1.7 million contract at Iluka Resources’ Cataby mineral sands project, located approximately 150 kilometres north of Perth.
Shares in Proteomics International Laboratories have jumped more than 8 per cent in early trading, after the Nedlands-based firm announced a collaboration agreement with a US pharmaceutical company.
Mining and energy stocks have plunged more than two per cent each, bleeding red all over the Australian share market in a commodity-fuelled opening dive.
US stocks have closed lower in a shortened post-holiday trading session as the energy sector tumbled on continued weakness in oil prices, and the benchmark S&P 500 confirmed its second correction of 2018.
Gold prices have slipped as investors banked on the safety of the dollar over worries about a slowdown in the global economy, exacerbated by a sharp decline in oil prices.
Oil prices have slumped up to nearly eight per cent to the lowest in more than a year, posting the seventh consecutive weekly loss, amid intensifying fears of a supply glut even as major producers consider cutting output.
The Liberal Party must learn the lessons from its humiliating defeat in Saturday's Victorian election, otherwise the federal poll due in May will be a repeat performance. It would be swept from office, and its ranks in WA decimated.
The Thanksgiving holiday in the US led to a stagnant day of trading on the Australian share market, where banking and energy stocks recouped value and lifted the indices higher.
PODCAST: In this podcast Mark Pownall and Dan Wilkie discuss lithium deals, apartment projects, housing construction, Perdaman contracts, and our special report on wealth creators.
Western Australia has lost one of its most successful businessmen and philanthropists, with self-made billionaire Stan Perron passing away this morning at the age of 96.
Wellard shareholders have given the cattle exporter’s remuneration report a strike for the second time in three years at today’s annual meeting in Fremantle.
Automotive Holdings Group’s shares have slumped to their lowest point since 2012, after the company’s trading update revealed that profit at the start of this financial year was lower than anticipated.
Two separate reports from consultancies PwC and EY have flagged an uptick in mining costs as demand within the local resources industry continues to improve.
