South32 has posted an 18 per cent rise in half-year underlying profit as a surge in metallurgical coal output and stronger commodity prices helped boost its bottom line.
The Takeovers Panel and Flinders Mines have come to agreement on a new proposal for the iron ore explorer to delist under which its biggest shareholder will lose out.
Western Australia will know as early as next year if Woodside Petroleum's Scarborough, Pluto and Browse gas projects, worth a combined $36 billion, will be given the green light, as the business posted a 28 per cent rise in profit today.
The NBN rollout continues eat away at Telstra's balance sheet, with the telco giant cutting its interim payout to shareholders after a 28 per cent dive in first-half profit to $1.2 billion.
AMP's full-year profit has plummeted 97 per cent to a worse-than-expected $28 million after the beleaguered wealth manager set aside millions in customer remediation and reported weakness in its superannuation business.
Gold prices rose to hit a peak in more than a week overnight on signs that the US Federal Reserve will likely be patient on further interest rate rises, but rallying global equities kept the metal's gains in check.
Oil prices rose 2 per cent overnight after top exporter Saudi Arabia said it would cut crude exports and deliver an even deeper cut to its production but swelling US crude inventories led the market to pare gains.
Western Australia’s peak tourism body has called for greater restrictions on short-stay accommodation providers claiming residential properties on Airbnb do not increase visitation to the state.
A UK-based academic who worked as a senior policy adviser to Tony Blair has been named the inaugural director of the University of Western Australia’s Public Policy Institute.
A company that supplies and installs underground services and its director have been fined a total of $69,500, and ordered to pay $4,391 in costs, over an incident in which a worker sustained serious permanent injuries.
Tabcorp has confirmed it is interested in acquiring the Western Australian government-owned TAB, on the same day it announced a 642 per cent rise in profit stemming from its $11 billion merger with Tatts Group.
Northern Star Resources has a declared an interim dividend of 6 cents per share, up 1.5 cents per share on its previous dividend, after its recently acquired Pogo gold mine in Alaska underpinned strong growth for the six months to December.
The state government and the Grains Research and Development Corporation have signed a $48 million scientific partnership for research into Western Australia’s grainbelt soils and boosting grain production for local growers.
The Sunset Hospital site on the riverfront in Dalkeith will become a cultural and creative precinct, with Culture and Arts Minister David Templeman today announcing an expressions of interest process.
The federal government’s latest research funding round will focus on minerals including lithium, cobalt and titanium in an effort to boost Australia’s resources sector.
Virgin Australia has delivered a $54.8 million profit in what the airline called its best first-half result since 2008, though market uncertainty has prevented it from providing any full-year outlook.
Oil prices were up more than 2 per cent overnight on steep OPEC production cuts, with its de-facto leader Saudi Arabia planning to drop March crude output by more than a half a million barrels per day below its initial pledge.
Gold prices edged higher overnight, buoyed by a slight retreat in the US dollar amid optimism about a potential resolution of the US-China trade conflict.
Wall Street has rallied as investors were heartened by a tentative congressional spending deal to avoid another partial federal government shutdown and by optimism surrounding US-China trade negotiations.
Insurance giant HBF has placed its headquarters at Kings Square on the market, appointing JLL to handle the sale of the asset in an improving Perth CBD office market.
Silver Lake Resources has been fined $58,000 in Perth Magistrates Court following an incident in 2014 that seriously injured a worker at its Murchison gold operation, located 25 kilometres south-east of Cue.
Perth-based driver Calan Williams is taking inspiration from motorsport history to secure the capital required to break into the lucrative world of Formula 1.
