Construction company Built Environs has failed in its attempt to claw back $14.5 million of performance bonds used by Perth Airport to cover liquidated damages associated with development of the new terminal buildings in 2015.
The mining sector needs to embrace automation and address concerns of skills shortages as the industry outlook continues to improve, according to the latest mining business outlook report by Newport Consulting.
The Australian dollar is a smidgen higher against its US counterpart after US lawmakers agreed an interim funding bill but there was no major economic data to inspire the languishing greenback.
Oil has risen more than one per cent, with benchmark Brent crude hitting $US70 a barrel for the first time in a week, boosted by healthy world economic growth prospects and expectations for continued production curbs by OPEC, Russia and their allies.
Gold prices have risen as the US dollar has fallen to fresh three-year lows, but an end to uncertainty created by a three-day US government shutdown capped gains.
Three partners of McGrathNicol have formally taken control of sandalwood producer Quintis and its Australian subsidiaries after being appointed as receivers and managers today.
City of Perth and Woodside are upping their input into Fringe World Festival this year as the arts event expands with new locations and online activity.
The state government has chosen Arc Infrastructure business development principal Tim Collins as project director for its proposed Westport outer harbour project in Cockburn Sound.
Environment Minister Stephen Dawson has disclosed that the review he has requested into Chevron’s Wheatstone project was in response to the removal of abatement conditions by the previous government.
Dark kitchens and online aggregators are not terms most people associate with a restaurant, but the invasion of the internet into the catering industry is bringing radical change – and not everyone will be happy.
Southern Cross Electrical Engineering has been awarded a $20 million contract for work on the central section of the Northlink WA roads project, while Perth-based Tempo Australia has secured a series of contracts totalling more than $6 million.
Henderson-based Austal has been awarded a $20 million contract, through a joint venture with a Chinese shipbuilding company, for the design and build of four high-speed ferries.
The state government has confirmed that a crowd cap will not be required for the Perth Scorchers Big Bash League semi-final at Optus Stadium, with a number of incentives in place to entice 15,000 fans to arrive early.
Perth-based oil and gas explorer Po Valley Energy has agreed to sell its assets in northern Italy, including the Selva gas field, in a share purchase agreement worth about $21 million.
Shares in US-focused cybersecurity company WhiteHawk will begin trading on the ASX tomorrow after the company completed a $4.5 million initial public offering using Perth brokers and advisers.
The Australian share market has rallied in early trade, buoyed by a positive lead from Wall Street and strong showings from the big banks and healthcare stocks.
Fremantle-based Primary Securities and Sydney-based Huntley Group are positioning themselves to take over as the responsible entity for Quintis forestry schemes, as investors continue to question the motives of the company’s board and its major noteholder.
Gold has steadied as the US dollar has hovered near three-year lows, but bullishness in the wider financial markets as the US government shutdown ended capped the metal's gains.
Oil has settled higher after US dollar fluctuations and the restart of some Libyan oil fields caused the market to vacillate, with prices testing lower before rallying to levels just below three-year highs.
Emerging Goldfields explorer NTM Gold Limited (ASX: NTM) (“NTM” or “the Company”) is pleased to announce it has raised $1.5 million in a heavily oversubscribed placement of new shares.
Local electricity retailer Perth Energy is planning a leadership change, with chief development officer Giles Redmile to take over as chief executive in mid-February as current boss Andrew Rowe moves back to the engineering industry.
SPECIAL REPORT: Franchises are being increasingly squeezed by employment law changes, but recent reforms to competition law provided a few wins for the sector.
SPECIAL REPORT: Technology and a greater emphasis on strategic advice are how one local accounting franchise hopes to brace for changes in the professional services sector.
Foreign investors are making their mark on Perth, accounting for more than half of the purchases in the CBD office market in the past two years, according to Savills Australia.
