Latest Headlines

The founder of Kewdale-based technology manufacturing business RCT, Bob Muirhead, has been named the Austmine champion of innovation for 2017.

OPINION: That the federal government has gone missing after previously stating enthusiastic support for the tech sector is a massive failure of vision.

CTI Logistics chairman David Watson has sold down his shareholding for the first time since he founded the business in 1972, with Forager Funds Management acquiring some of his shares and investing further funds to become a substantial shareholder.

Notching up 15 years in business, and managing more than $1.1 billion in combined retail rents for clients over that time, is a significant achievement in any industry.

Mount Hawthorn-based builder Talbot Le Page Homes has been placed into administration, just more than a month after the Building Commission warned consumers over its financial capacity.

Zinc and copper explorer Orion Minerals has received a $3 million investment by private equity group Tembo Capital to fund work at its projects in Africa, and has flagged a further $1.8 million capital raising.

Aspiring graphite miner Hexagon Resources has released a pre-feasibility study on its McIntosh project in the Kimberley, which detailed a development capex of $148 million.

The ASX has opened 6.6 points, or 0.1 per cent, higher to 5724.5 points this morning.

Minister ‘backing away’ from U-mine promisesWA’s Mines Minister has been accused of backing away from uranium mines approved by Colin Barnett despite previously indicat

US stocks have inched lower, with the S&P 500 retreating slightly from a record, as weakness in the energy and financial sectors outweighed gains in technology shares.

Oil prices fell about one per cent on signs of resurgent crude output in Libya and concerns that extended production cuts by leading exporting countries may not be enough to drain a global glut that has depressed prices for almost three years.

Gold prices eased after hitting a one month high on Tuesday as economic data from the United States showed increased signs that the Federal Reserve would raise interest rates next month.

The share market has gained ground after bargain hunters helped drive a rebound in financial stocks.

The Federal Court has granted the corporate watchdog’s request to wind-up Pilbara-based property developer Macro Group, appointing representatives of KPMG as liquidators today.

Global ratings agency S&P has cut its credit rating for Quintis for the second time this month and kept the troubled Indian sandalwood producer on credit watch with negative implications, suggesting another downgrade is possible.

Payday lender Cash Converters is overhauling its management as it works to improve lending practices and arrest a sharp slide in its share price.

East coast-based companies AGL Energy and Origin Energy have received approval to enter Western Australia’s domestic gas market, where they will join Wesfarmers subsidiary Kleenheat and Alinta Energy.

The premier has committed $35 million towards the next two stages of the Albany Ring Road heavy haulage route, but will call on the federal government for the balance of the project’s $172 million cost.

Premier Mark McGowan has refused to reiterate his election promise made three months ago of no new taxes or tax increases, instead deflecting the issue by saying the state is in a "catastrophic" financial mess.

Simon Bennison has announced his resignation as chief executive of the Association of Mining & Exploration Companies, with the search for his successor under way.

Cleanaway has opened a $20 million materials recovery facility (MRF) in South Guildford, which it claims is the most advanced recycling plant in the Southern Hemisphere.

Gold and copper explorer Ausmex Mining Group has debuted on the ASX after completing a reverse takeover of Perth-based Eumeralla Resources.

ANALYSIS: The point of no return may have already been reached for bricks-and-mortar retailers struggling to compete with the online experience. 

Poultry giant Ingham’s will continue to be Woolworths' main chicken meat supplier after the pair extended their national agreement.

Local explorer GTI Resources has terminated plans to acquire Poseidon Nickel’s Windarra gold assets near Laverton, after missing a near-$1 million payment deadline.

Global Construction Services’ half-owned subsidiary, Gallery Facades, has won a $62 million contract with Lendlease for work on the east coast.

The Australian share market has started the day marginally weaker, with no lead from US or British markets closed for public holidays.

BHP throws $4.5bn shale surge at ElliottBHP Billiton has hit back at claims from activist fund Elliott Management that US shale ground trading has destroyed value, with

The Australian dollar is higher against its US counterpart which also had ranged sideways with little data to direct it and traders in the US and Britain away for public holidays.

Oil prices have risen slightly, barely paring last week's steep losses with the market remaining cautious as increases in US drilling activity have undercut an OPEC-led push to tighten supply.

Gold has held near its highest in a month in holiday-thinned trade, with a softer US dollar and a retreat in stock markets helping the metal cling on to the previous session's gains.

The red tape facing some businesses is having consequences beyond merely increasing compliance costs, according to chair of the federal government’s Black Economy Taskforce Michael Andrews, and is a contributing factor in tax evasion far more significant than any similar activity undertaken by multinationals.