NSW and Victoria would not have been subjected to the treatment Western Australia has been under the current GST system for more than 10 years, WA Premier Mark McGowan has declared.
The Australian share market has bounced after faceplanting at a new 12-month low but broad gains at the open, with banks and healthcare the best performers, were quickly pared back.
US stocks have jumped, giving the Nasdaq its biggest daily gain since March, as Microsoft's upbeat earnings spurred a rebound in technology names and investors snapped up oversold shares.
Oil prices rose overnight, following the US stock market higher a day after Wall Street's biggest drop since 2011, and as Saudi Arabia's energy minister signalled major producers may have to intervene in crude markets to support prices.
Government and business must involve trade unions to develop plans to train Australia’s workforce for the increased presence of automation, according to Siemens Australia chief executive Jeff Connolly.
The Australian share market has tumbled to its lowest level in 12 months, with the indices suffering significant losses across the board after a dive on Wall Street overnight.
A ratings agency has upgraded its outlook for Western Australia's finances, based on higher Commonwealth grants, expected revenue growth and tight spending control.
Mineral Resources has suffered a minor delay in the construction of its $610 million lithium concentrate processing plant at the Wodgina project in the Pilbara.
Shares in AMP tumbled nearly 20 per cent after the under-fire wealth manager announced plans to sell its Australian and New Zealand wealth protection and mature businesses to London-based Resolution Life for $3.3 billion.
A woman who stole a total of more than $1.2 million from two separate small businesses because she "liked having nice things" has been sentenced to six years and two months in a Western Australian prison.
The death of a prisoner who was crushed between a truck and a wall has resulted in Western Australia's Department of Justice being fined $100,000 plus costs.
Kidman Resources has announced plans to integrate the studies for its proposed Kwinana lithium refinery and Mt Holland mine near Southern Cross into a singular project, while also securing a $US100 million ($140 million) debt facility for the project.
A fall in Perth house prices over the next 12 months will be followed by modest growth and an overall 5 per cent improvement by 2021, according to a new housing outlook report.
Gas is flowing at Woodside Petroleum’s Greater Western Flank-2 project, an extension of the North West Shelf Venture, with the company saying costs came in 30 per cent under budget.
Andrew Forrest-led Fortescue Metals Group has reported an 8.6 per cent fall in first-quarter iron ore shipments as pollution curbs in China reduced demand for its lower-grade ore.
It was a bloodbath for Australian shares at the open as the market plummeted to a new 12-month low, following a dive on Wall Street overnight amid a cocktail of disappointing economic and trade news.
Global technology company Cisco is changing the way it operates in Asia and is positive about opportunities in Australia, its regional president told a Business News breakfast today.
Two women and an 11-year-old boy have been injured as a jetty collapsed while they were fishing on Rottnest Island, with the state government set to launch an investigation into the incident.
Black Rock Mining has detailed a capital expenditure of $US115 million ($162 million) for the first phase of its Mahenge graphite project in Tanzania, with plans to begin construction next year.
Carnegie Clean Energy will take a reduced stake in ASX-listed Tag Pacific in exchange for the Perth company’s battery storage and microgrid business, after the parties agreed to remove a $2.2 million cash component from their original deal.
Telstra launched its 5G mobile network in Perth today, while also confirming multinational telco Ericsson as its partner in a national rollout of the technology.
In the latest property deals wrap, Woolworths makes a $27 million sale, while Sirona Capital spin-off Harvis Corp and US private equity firm Black Mountain Metals have leased office space in the Perth CBD.
Kidogo Arthouse has held prime position on Fremantle’s Bathers Beach for the past 20 years, and is serving as a base for artists and businesses to collaborate in the port city.
Federal Labor’s proposed changes to negative gearing and capital gains tax would hit Western Australia’s residential building sector at a time it is already reeling, according to economic modelling commissioned by Master Builders Association.
