Latest Headlines

The City of Fremantle has shortlisted six companies for the building contract for the civic building and library as part of the $270 million Kings Square redevelopment, while also announcing the demolition contractor for the council’s old administration building.

Mining contractor Resource Development Group has been awarded a concrete and civil works contract worth more than $9 million at Mineral Resources’ Wodgina lithium project in the Pilbara.

Yowie shares have slumped to a near-five-year low after the confectionery maker slashed its full-year sales guidance and replaced its chief executive.

The Australian share market has opened marginally higher on the back of a positive lead from Wall Street where two of the three stock indexes hit record closing highs on its first trading day for 2018.

Blackham secures two-week reprieve

Gold has extended its rally into the new year, touching late September highs on a softer US dollar, while spot palladium jumped to a record on fears of short supplies after soaring 57 per cent in 2017.

Oil prices have hit mid-2015 highs early on their first trading session for 2018, before dipping to settle slightly lower as major pipelines in Libya and the UK restart and US production soared to the highest level in more than four decades.

The Australian dollar is slightly lower against its US counterpart, which has fallen to a three-month low in its first trading session for 2018, but has plunged against the yen and the euro.

Perth housing prices are continuing to stabilise after three years of weakness, in marked contrast to substantial falls in Sydney and Darwin.

Mining veteran Milan Jerkovic is taking the reins at embattled gold producer Blackham Resources, which has negotiated a standstill agreement on a $14 million debt repayment due this week and plans to ask shareholders to contribute $36 million of new capital.

Accounting, auditing and advisory firm Pitcher Partners has made a move on its strategy to grow its presence in Perth by taking up residency at 12-14 The Esplanade, overlooking Elizabeth Quay.

Perth-based TNG has commissioned Carnegie Clean Energy's subsidiary Energy Made Clean to evaluate renewable energy options to power its Mount Peake vanadium titanium project.

Southern Cross Electrical Engineering has been awarded a number of new commercial and public infrastructure contracts across Australia totalling more than $90 million, including $66 million of work at a new section of the Westmead Hospital in New South Wales.

The share market has posted its first fall for the week as selling in the financial and property sectors outweighed gains by energy producers, miners and retailers.

Shares in Sky and Space Global have soared after announcing it had secured a $US30 million ($40 million) contract for a Nigerian company to use its nanosatellite technology for the next five years.

Textile company Nanollose has created what it says is the world’s first plant-free viscose-rayon fibre, claiming it represents a breakthrough in its efforts to reduce environmental impacts on the

The newly formed Perth Arts Leaders Collective has an ambitious goal to transform tourism in Western Australia while simultaneously lifting the profile of the state’s artists and creative community.

Phoenix Energy has announced major changes to its planned waste to energy project at Kwinana, with Macquarie Capital becoming lead sponsor and two European groups negotiating to take on construction and operations.

The state government has today approved Sinosteel Midwest Corporation’s iron ore expansion project east of Geraldton, while simultaneously rejecting Mineral Resource’s planned iron ore mines in the Helena-Aurora Range, after the environmental watchdog had recommended both should be blocked.

Perth-based education provider Navitas has announced it will be partnering with Virginia Commonwealth University (VCU) to deliver an international student program across a minimum of five years.

Alister Yiap has explored a number of business models to find the best way to move his jewellery-meets-art into the hands of his admiring customers.

Sydney-based oil and gas company AWE has backed a revised $526 million takeover offer from Mineral Resources as the Perth-based mining outfit seeks to gain control of the Waitsia gas field in the Perth Basin.

Australian shares have lost ground in early trade after a strong run so far this week, as investors take cues from a choppy session on Wall Street overnight.

WA taxpayers left with bill as Rayney wins record payout for defamation

Gold prices have risen for a fourth straight session to reach a two-week high as US data showing solid home sales but a fall in mortgage applications pushed the dollar to a two-week low.

The Australian dollar is slightly higher against the greenback after the US tax reform bill - which will slash US company taxes - was passed by the US Senate.

The state government has revised its budget deficit for the current financial year to a record $2.6 billion but insists the budget outlook has improved while also confirming it has added Landgate to its list of potential asset sales.

Korean car maker Kia Motors will increase its offering at DVG Automotive Group dealerships in Midland and Morley after recent showroom upgrades worth more than $1 million.

After announcing yesterday a significant contract with Cross Yarra Partnership in Melbourne, Osborne Park-based Veris has today secured further surveying works contracts in the eastern states worth

The share market turned around a negative start to the day to edge higher, as miners, energy producers and several consumer-related stocks rose in value.

Lydon Hollitt is planning to shake-up property advertising with a new listing platform that matches active buyers and tenants with agents and vendors at minimal marketing cost.

Indonesian businessman Eddy Sariaatmadja has donated specialist medical equipment that is expected to form the cornerstone of an emerging clinical innovation, skills and training hub being planned by Perth business executive Michael Henderson.