Oil has fallen more than one per cent on on profit-taking as the market eyed signs of rising US production, though prices remained close to recent two-year highs thanks to last week's decision by OPEC and other producers to extend output cuts.
Gold prices have fallen toward the four-week lows hit last week as the US dollar has strengthened after the US Senate approved a major tax overhaul and the market looked ahead to a meeting of the Federal Reserve later this month.
Global regulatory technology play Kyckr has appointed Tesco Bank CEO Benny Higgins to replace HBF CEO John Van Der Wielen as chairman next year as the group revamps its board.
A new accelerator program for startups in the agribusiness sector will get under way next year after securing funding from the state government’s Department of Primary Industries and Regional Development.
A Perth-based construction technology company plans to disrupt the industry with a building system it claims will deliver faster, cheaper, greener and higher-quality projects.
Fortescue Metals Group will appeal the Federal Court ruling granting exclusive rights to the Yindjibarndi people over Pilbara land where the company operates its Solomon hub, three weeks after the state government welcomed the decision.
Mineral Resources founder Chris Ellison has raised $36.9 million from the sale of some of his shares in the mining services group, adding to a string of big share sales by WA company directors who have cashed in on strong market rallies.
SPECIAL REPORT: Navitas boss Rod Jones talked to Business News about the next chapter for the $1.8 billion education provider he founded, and his hopes for the technology ventures he’s backing.
SPECIAL REPORT: The five WA people with the largest holdings in listed companies have earned around $1.5 billion in dividends in the past five years, with Andrew Forrest and Kerry Stokes leading the way. Click through for our list of 50 directors and investors with holdings worth more than $11 billion between them.
The Australian share market has closed steady, as regulatory risk weighed on the country's major banks and surging iron ore futures rallied the miners.
Crown Resorts will "vigorously defend" Federal Court proceedings after the casinos operator was hit with a class action alleging it did not give shareholders enough information about risks it was taking in China.
European Cobalt will raise $20 million through a share placement as the junior miner advances exploration work at its Dobsina copper, nickel, cobalt project in central Slovakia.
Grocery wholesaler Metcash has lifted first-half profit by 24 per cent to $92.9 million, despite a drop in sales across its supermarkets business, with WA sales hit by increased competition and soft economic conditions.
Elizabeth Gaines’ selection last week as the incoming chief executive of Fortescue Metals Group has shot her to the top of a very short list of genuinely powerful women in business in Western Australia. Click through to read more and see our listing of 12 leading WA women in business.
The Australian share market is slightly higher in early trade, with investors uncertain of the direction after a volatile Friday session on Wall Street.
The Australian dollar is back above 76 US cents after news that former Trump security adviser Michael Flynn had pleaded guilty and was prepared to testify against the US president regarding Russian involvement in the presidential election dented market sentiment.
Gold has jumped as the dollar and US stocks fell on an ABC news report that former national security adviser Michael Flynn was prepared to tell investigators that Donald Trump directed him to make contact with Russians during last year's presidential election campaign.
Universal Constructions has won a $13.3 million contract for construction of the second stage of the primary school in Meadow Springs, near Mandurah, which the Department of Education website says
Angelo Del Borrello’s property group Acure Asset Management has announced BP Australia as the new operator for its four regional roadhouse properties in WA, six months after the previous operator Outback Travel Centres was placed into administration.
PODCAST: In this Business News podcast Mark Beyer and Mark Pownall discuss FMG’s new leadership, the iron ore market, Craig Mostyn’s acquisition, WA's boom/bust economy, Fiona Wood, Rod Jones and the state’s wealth creators.
The Australian share market has closed higher, led by the healthcare and energy sectors, while the under-pressure banks faded after an early rally as the looming royal commission weighs on the financial sector.
The fate of once-thriving Perth business Habitat 1 provides salutary lessons for investors and company directors, especially those who have signed non-compete agreements.
Two years into his job as Sadleirs Logistics chief executive, Ian Kent is preparing the family owned business for increased national growth after overseeing major changes to its local operations.
The opposition parties in Perth and Canberra are kicking the can down the road on debt, despite the parlous state of their respective budgetary positions.
Lord Mayor Lisa Scaffidi has won her court appeal against 26 adverse State Administrative Tribunal findings that she breached her gift disclosure obligations and remains hopeful of returning to the post once the matter is resolved.
