Commonwealth Bank shares have taken their biggest one-day hit in almost two years after third-quarter cash earnings of about $2.4 billion failed to offset investor worries over a possible new bank tax in the budget.
Casinos operator Crown Resorts has quit the major gambling destination of Macau after a series of setbacks, including last year's detention of 15 employees by Chinese authorities.
Curtin University spin-out iCetana, which is commercialising video monitoring software, has become the second unlisted Perth tech company to complete a big capital raising this year.
OPINION: The federal government’s recently announced Productivity Commission review of GST sharing among the states is good news for Western Australia, but the state government should be realistic about the outcome.
Western Australian Planning Commission chairman Eric Lumsden says the newly endorsed $2.3 billion road and rail package for the metropolitan area will address Perth’s public transport needs for the next 25 to 50 years.
Engineering company Monadelphous Group has been awarded a contract to provide offshore maintenance services to the Ichthys LNG project by oil and gas company INPEX.
Three contractors have won work for Altura Mining’s planned $140 million Pilgangoora lithium mine, as the company continues work to secure debt financing for the project.
Flinders Mines is seeking to raise $16 million to advance its Pilbara iron ore project, with the company needing to fund further work to progress the mine to feasibility stage.
Opposition leader Mike Nahan has joined Premier Mark McGowan in calling for Perth Lord Mayor Lisa Scaffidi to resign, after the State Administrative Tribunal today found she had committed 45 serious breaches of the Local Government Act by not disclosing travel and accommodation gifts.
Heavy falls by the big four banks have helped pull Australia's share market lower in early trade with the Commonwealth Bank's trading update underwhelming and speculation the federal budget could impose bank another levy.
Oil have risen amid volatile trading, bolstered by statements from major oil-producing countries suggesting that OPEC and non-OPEC supply cuts could be extended into 2018.
Gold prices have bounced off a seven-week low as safe-haven demand ebbs following pro-EU candidate Emmanuel Macron's victory in the French presidential election.
The Australian share market has snapped a four-day losing streak, after encouraging US jobs data, the election of pro-European centrist Emmanuel Macron as French president, and other factors buoyed investors.
Western Australian conglomerate Wesfarmers has paid tribute to its former chief executive John Bennison, who led the business as it transitioned from an agricultural cooperative to a listed industrial company.
Southern Cross Electrical Engineering, through its KSJV joint venture with energy service provider Kentech, has received over $30 million of additional orders under a subcontract with Bechtel.
Perth motorsport enthusiasts may soon have the opportunity to venture to Malaysia to watch V8 supercar racing, as the country seeks new opportunities after hosting what will be its final Formula One grand prix at Sepang later this year.
The first stage of an expansion plan to double capacity at the Wiluna gold project would cost about $25 million, according to a preliminary study undertaken by Blackham Resources.
PHOTO ESSAY: Workers from Ocean Grown Abalone will install 5,000 concrete habitats, or Abitats, at Augusta during the next 18 months as part of anexpansion of the company’s aquaculture business.
SPECIAL REPORT: The number of international students coming to Perth has grown strongly over the past four years, but WA is still underperforming, particularly in the university sector.
The balancing act that allowed Australia's big four banks to lift their combined first-half cash profit to $15.6 billion is getting more precarious, analysts say.
Prendiville Group has completed the fourth major redevelopment of a property in its portfolio in as many years, with East Fremantle’s historic Tradewinds Hotel having undergone a significant facelift.
The Harry Perkins Institute of Medical Research is on a major fundraising drive to bolster cardiovascular research in Western Australia, to further localise study of this major killer and head off a leakage in philanthropic donations to eastern states institutions.
Fairfax Media shares have jumped to a five-week high after the struggling company's board said it was considering an unsolicited $2.2 billion proposal to split up its businesses, while a reduction in television licence fees planned for the budget has boosted listed TV networks.
Macmahon Holdings has finalised documentation for what is a potentially transformational deal with Indonesia's PT Amman Mineral Nusa Tenggara, two months after announcing a heads of agreement in the midst of a hostile takeover battle.
