In this Business News podcast Mark Beyer and Mark Pownall discuss property and construction, wave power, gold tax, WA's big dealmakers, and the latest Perth deal trends - edtech and Japanese investment.
An Indonesian consortium has announced its intention to make an off-market takeover bid for copper miner Finders Resources, with the all-cash deal valuing the target at about $177 million.
Lithium-focused Altura Mining has raised $26 million from investors as it prepares for a second-stage development of its flagship project in the Pilbara.
Fatal failings at Fiona Stanley still to be fixedThe State Coroner has found “systemic failures” at Fiona Stanley Hospital that resulted in the “preventable” death of a
Oil prices have risen about 2 per cent as signs Saudi Arabia and Russia will limit production through next year pushed the US benchmark back above $US50 a barrel.
The dollar index rose to a 2-1/2-month high after data showed the US trade deficit narrowed in August as exports of goods and services rose to a more than 2-1/2-year high, while jobless claims fell more than expected.
Property developer Nicheliving Holdings has announced plans to raise up to $12 million and seek an ASX listing to finance the next stage of its growth strategy.
More Western Australians are opening their doors to Airbnb, with the number of hosts in the state increasing by more than 50 per cent in the past year, according to a report by the Bankwest Curtin Economics Centre to be released today.
The share market has closed flat as banks continued their recent declines, Qantas hit new highs and the the major iron ore companies managed minor gains.
It was in the aftermath of a profoundly emotional moment that Terence Borgioli, then 23, decided to chase his dream of starting a luxury fashion business.
The anticipated uptick in the resources sector and growth in lifestyle village developments has prompted one veteran builder to re-enter the modular housing market.
Energy giants Chevron Australia and Woodside Petroleum have jointly acquired three exploration tenements offshore Western Australia from the government for an undisclosed sum.
A joint venture between local junior explorers Conico and Barra Resources is positive on a released scoping study for its Mt Thirsty cobalt-nickel project near Norseman, which is expected to cost $212 million to develop.
Western Australia’s exports are continuing to grow, with $122.5 billion shipped overseas in the past 12 months, up 22 per cent from the same period to August 2016, but retail sales data shows that it is too early to call a recovery.
Subiaco-based tech company K2fly has won a contract to provide its services to the manager of the West Pilbara iron ore project for an undisclosed sum.
Heavy mineral sands explorer Strandline Resources says it will cost $US30 million ($A38 million) to bring its Fungoni project in Tanzania into production.
Lithium explorer Argosy Minerals has announced a $17 million capital raising that will replace a previously announced $26 million investment in the business by a Chinese offtake partner.
Lib split on goldPressure is mounting on Opposition Leader Mike Nahan to decide where he stands on the State Government’s gold royalty increase after his deputy Liza Ha
The Australian dollar is a little lower against its US counterpart which has pared losses after data showed that US service sector growth had accelerated which could lead to a December interest rate rise.
Ten gold sector leaders spoke in unison today about the damage they believe will flow from the state government’s hike in royalties, and also made clear they are targeting the Liberal Party to block the change.
The state’s largest iron ore mine Roy Hill hit its nameplate capacity for the first time last month, according to Roy Hill Holdings chief executive Barry Fitzgerald, while the exact cost of the project so far has been revealed.
The share market has fallen for a second straight session as international investors sold shares on concerns about a weaker outlook for the Australian dollar.
Lithium hopeful Birimian has released a pre-feasibility study on its Goulamina project in Mali, with five development scenarios that range the capex between $US87 million ($A110 million) and $US412 million ($A524 million).
ANALYSIS: A forecast global surge into electric cars and buyers’ growing preference for the state’s hard rock lithium ore is putting a rocket into the sector.
Automotive Holdings Group has further grown its presence on the east coast with the acquisition of five franchised car dealerships in NSW for $8.5 million plus stock and assets.
