In this Business News podcast Mark Pownall and Mark Beyer discuss the Access Economics report, mining development activity, WA’s civil infrastructure projects …. and BN’s new CEO.
Tribune Resources and Rand Mining will empty their cash reserves to pay out inaugural dividends to their shareholders, with their shared managing director to reap $3.1 million.
Australian mining and exploration companies have been urged to target North American investors, with PCF Capital Group saying this strategy could bring $4 billion into the local industry.
Mark Pownall will become CEO at Business News from the start of the new financial year, replacing Charlie Gunningham, who has been at the helm for four years.
The state and federal governments have announced a $12.8 million grant to build custom-designed indigenous accommodation at St Catherine’s College at the University of Western Australia.
ANZ Banking Group is raising variable rates on its interest-only mortgages by 0.3 percentage points as it reins in riskier lending in response to regulatory changes.
Nickel miner Western Areas has announced plans to sell its stake in an ilmenite-copper-nickel explorer which is dual-listed on the AIM and FSE markets for up to $27.5 million.
State premiers have rejected reform measures to the GST carve-up put forward by Mark McGowan, who is lobbying for Western Australia to get a fairer share of the tax's revenue.
The big Aussie backs WA GST pushBHP has weighed into the GST debate, backing WA’s calls for an overhaul of the way the revenue is carved up between the States.
Oil prices have again fallen, with a sell-off continuing the day after data showed a surprise surge in US crude inventories, and Brent settled at its lowest since November 29, the eve of an OPEC production cut deal.
Gold prices have extended losses into a second session as the US dollar strengthened and as investors viewed the testimony from former US FBI director James Comey as containing no significant surprises.
The share market has closed slightly higher as strength in bank and healthcare stocks offset falls by energy companies, as investors wait on key political events overseas.
Quintis has suffered its fourth credit ratings downgrade within a month, after the troubled Indian sandalwood producer on Tuesday revealed more operational and financial issues.
An Israeli tech company has commenced trading on the ASX after raising $5 million from investors through an initial public offering and setting up shop in West Perth.
The corporate watchdog has banned a former Westpac employee from providing financial services after finding he mishandled more than $1 million worth of advice service obligations.
Woodside Petroleum says its joint venture partner at the SNE oilfield offshore Senegal, FAR, has declined to support a transition for the energy giant to eventually take over as operator of the operation.
Local gold explorers Anova Metals and Exterra Resources have entered into a merger agreement, with Anova to wholly acquire Exterra in an all-scrip deal worth $21.3 million.
McGowan’s pokies plan to increase WA share of GSTWest Australian Premier Mark McGowan has boldly claimed he can achieve what his predecessor Colin Barnett failed to do
The Australian dollar has crept a little higher against its US counterpart amid falls in oil and iron ore prices and ahead of several key political and monetary events.
Oil prices have plunged five per cent to a one-month low, after an unexpected increase in US inventories of crude and petrol fanned fears that output cuts by major world oil producers have not done much to drain a global glut.
Gold prices have fallen from near seven-month highs on a stronger US dollar and after a written testimony by a former FBI director to the US Senate was seen as containing few surprises, but declines were limited as uncertainty from the UK election remained.
