Seven Group Holdings has raised $375 million to help it buy the remainder of equipment hire company Coates Hire, and plans to tap investors for a further $25 million.
The Australian market has opened slightly lower, ignoring a positive lead from Wall Street overnight as markets reacted to the prospect of a US rate hike later this year.
Seven Group to raise $400mKerry Stokes’ Seven Group Holdings has made a snap decision to raise up to $400 million from investors in light of enthusiasm for its deal to
The Australian dollar is still above 80 US cents despite slipping a little against greenback after the US central bank released its statement following its two-day policy meeting.
Oil prices have lifted two per cent despite a rise in US crude inventories, with the market heading for its largest third-quarter gain in 13 years after the Iraqi oil minister said OPEC and its partners were considering extending or deepening output cuts.
Gold prices have fallen one per cent after the US Federal Reserve left interest rates unchanged but signalled it still expected to raise interest rates by year-end.
BHP Billiton manager Kirsten Rose is heading to one of the world’s top universities this month for a leadership course after being selected for a Chief Executive Women scholarship.
Perth Stadium chief executive Mike McKenna expects to attract a crowd of 50,000 for its first football game, featuring the AFLW Fremantle Dockers, he told a Business News Success & Leadership breakfast this morning.
The share market recovered most of the ground lost in a poor start to the day but has still closed marginally lower, as weaker iron ore prices weighed on the mining sector.
The state government has set itself the target of increasing the number of women appointed to its boards, committees and advisory bodies to 50 per cent by 2019, though it has a long way to go before hitting gender equality at its major trading enterprises.
The state government is considering enforcing a floor price on takeaway booze to stop people getting drunk on cheap alcohol, but the opposition says it is a cost impost on households and red tape burden on businesses.
Striking a balance between transport corridors and urban development is the main objective of a revised planning policy that aims to mitigate road and rail noise for new residential projects.
ANALYSIS: If a full-blown mortgage crisis were to hit Australia, it will have been brought about by mismanagement at all stages of the home-loan process.
Four Perth hotels and hospitality businesses, including Fraser Suites and the State Buildings, have been named best in their field at the annual Australian Hotels Association National Awards for Excellence.
BHP Billiton chief executive Andrew Mackenzie has seen his annual pay more than double in FY17 after his short term incentive payments (STI) were restored during the year.
Wesfarmers managing director Richard Goyder landed a $12.1 million pay packet in his final full year in charge of the Coles and Bunnings operator, while BHP Billiton chief executive Andrew Mackenzie also lifted his total income, but he remained a long way short of the Perth businessman.
The Australian market has opened weaker with falls across most sectors as investors wait for the outcome of the two-day US Federal Reserve policy meeting.
Iron ore has peaked and so has China production, says RBAReserve Bank of Australia officials have called the top of the current iron ore price boom, saying China’s prod
Oil prices ended lower on Tuesday, retreating from near five-month highs ahead of a meeting between key oil producers on the outlook for further supply cuts.
Gold rose from the previous day's two-week low as the US dollar slipped ahead of a Federal Reserve meeting that is expected to provide more clues on the pace of US monetary tightening.
Margaret River's Cheeky Monkey Brewery Co is celebrating today with news Singapore Airlines will offer its locally brewed craft beer on business class flights between Perth and Singapore.
The City of Karratha has strongly opposed Woodside Petroleum’s plans for a 700-bed fly-in, fly-out camp, but the final decision rests with Planning and Lands Minister Rita Saffioti, who is playing her cards close to her chest.
Perth residential property prices fell 0.8 per cent in the June quarter, to be down 3.1 per cent across the financial year, according to data released by the Australian Bureau of Statistics today.
The Fremantle Dockers women’s team will play the first football game of any code at Perth Stadium next year in what is tipped to be the biggest standalone women’s sport event held in Australia.
The new owner of 335 Wellington Street, home to the Wellington Surplus Stores for 75 years, has lodged an application with the City of Perth to build a $70 million student accommodation building.
The Australian share market has closed higher as investors rotate from the mining sector into the big banks as expectations of interest rate hikes strengthen.
Six local resources companies have announced capital raisings of around $26 million for projects including in lithium and rare earths, with one of the businesses, Okapi Resources, planning to join the ASX bourse.
