Earnings at supermarket giant Coles have fallen for the first time since its acquisition by Wesfarmers nine years ago, as its sales growth slowed further amid stiff competition.
Shares in Telstra have plunged to a five-year low as investors react to the telco giant's announcement it will reduce dividends as of the current financial year.
The Australian share market is trading higher after an initial opening plunge in the wake of a shock annoucement from Telstra that the telco giant will cut its future dividends.
Dumped boss to fight big claimThe former chief executive of one of Australia’s biggest Aboriginal corporations, who is accused of a $350,000 rip-off from his former emp
The outperforming Australian dollar has soared almost one US cent as its counterpart has fallen after US president Donald Trump disbanded two business advisory councils and following Federal Reserve committee minutes.
Oil prices have fallen more than one per cent even though US crude stockpiles declined by the most in a year, as data suggesting domestic production was edging higher stoked worries about the global crude glut.
Gold has risen about one per cent, shaking off two days of losses, as the dollar edged lower after the release of the minutes from Federal Reserve's July meeting at which policymakers voted unanimously to keep US interest rates unchanged.
Western Australia recorded its lowest level of wages growth in the year to June since at least 1999, at 1.4 per cent, according to data from the Australian Bureau of Statistics.
The Australian share market has closed higher on a day of mixed company earnings results, with market heavyweights Commonwealth Bank and Suncorp down as they traded ex-dividend.
Cottesloe-Claremont has been named the country’s fastest growing area for apartments, despite Western Australia continuing to have one of the lowest shares of medium-density housing approvals of all the states, according to a Bankwest report released today.
OPINION: It’s estimated that half of all sales are made on the basis of an established friendship, so if you’re not making nice you’re missing out on half of your market.
The auditor general has found Serco’s provision of non-clinical services at Fiona Stanley Hospital to be acceptable, but has called for better cost control amid a $7 million outlay for contract disputes.
Iron ore miner Mount Gibson Iron will pay its first dividend to shareholders since 2014, after reporting a $26.3 million net profit for the 2017 financial year.
Woodside Petroleum chief executive Peter Coleman said today that changes to the ownership of the North West Shelf Venture would be a natural progression as it became an infrastructure asset servicing offshore gas fields.
Perth is the world’s seventh most liveable city for the second year running, according to The Economist’s Intelligence Unit, while Melbourne continues a winning streak as the world's number one, a position it has held since 2011.
Ray Glickman can often be spotted in a quiet corner seat in one of Perth’s busy cafes, putting his thoughts down on paper for his latest work-in-progress.
Seven West Media chief executive Tim Worner has wrapped up a controversy-laden year with a pay cut as the company suffered a $744 million loss, courtesy of persistent weak ad revenues and a massive writedown on its broadcast licences.
Iluka Resources has widened its first-half loss to $81.5 million, from a $20.9 million loss in the prior corresponding period, dragged down by a $165 million hit in impairment and redundancy costs.
The Supreme Court of Western Australia has ordered the winding-up of Michael Fotios’ Eastern Goldfields and the appointment of liquidators, after an application by a local assay laboratory.
The Australian market has opened comfortably higher following mainly positive early earnings reports, and after Wall Street closed with its key indexes little changed.
Iluka revealed its own bribery scandalA secret inquiry by listed Australian miner Iluka Resources has embroiled a leading Sierra Leone presidential candidate, a cabinet
Oil prices have fallen, extending the prior session's heavy sell-off as the US dollar has risen more and as signs of weaker petroleum demand in China weighs the market down for a second day.
Gold has fallen nearly per cent, down for a second day after better-than-expected US economic data and easing tensions over North Korea encouraged investors to buy riskier assets, boosting stocks, the US dollar and bond yields.
Some of the North West Shelf Venture partners might either sell their stake in the operation or take an equity interest in potential projects such as Browse as one potential solution to find backfill liquids for Karratha gas plant in the next decade, according to a report by Wood Mackenzie.
Harvey Millar and Christobel Saunders have been jointly named scientist of the year at the Premier’s Science Awards for 2017, winning the approval of a judging panel led by Western Australia’s chief scientist, Peter Klinken.
