Perth Lord Mayor Lisa Scaffidi has accused the premier and opposition leader of political interference in a legal process after they demanded her resignation over serious breaches of local government laws.
Amani Gold has signed a memorandum of understanding with a little-known Chinese investment group to raise $25 million via a share issue to fund drilling at the Giro Gold project in the Congo.
Big banks have warned that customers and shareholders will carry the cost of the federal government's surprise $6.2 billion levy on Australia's largest financial institutions.
Pilbara Minerals has been given a final environmental tick for its Pilgangoora lithium project, and is now cleared for construction, but the company will be continuing work on project financing.
The state government has awarded three new roads projects to the contractors that had been working on the Roe 8 development, while also confirming the net cost of abandoning the latter project will be about $45 million.
Shares in sandalwood supplier Quintis were down 44 per cent today after the company admitted it had lost a contract supplying Nestle five months ago, the second issue relating to a contract this year.
South32 shares have dropped as much as 5.5 per cent after the diversified miner said it expected coking coal production from its Illawarra operations to be at least 10 per cent below guidance.
The Australian share market has opened lower with the major banks leading losses after the federal budget revealed a levy on the big four banks and Macquarie.
The Australian dollar is slightly higher against its US counterpart after having lost almost half a per cent before the federal budget helped prompt a turnaround.
Oil prices have fallen rattled by concern over slowing demand, a rising US dollar and increasing US crude output that has shaken investors' faith in the ability of OPEC to rebalance the market.
Gold has dropped to an eight-week low as safe-haven demand continues to fade in the wake of Emmanuel Macron's victory in the French election and as expectations for tighter US monetary policy lifted bond yields.
Perth Lord Mayor Lisa Scaffidi says her resolve to continue in her role is steely and “stronger than ever” despite being found yesterday to have breached the Local Government Act 45 times.
Gindalbie Metals has become the first company to announce plans for the use of a new mineral processing technology developed by Curtin University, with initial focus on its Mount Gunson copper-cobalt project in South Australia.
The Australian share market has closed around 0.5 per cent lower, led downwards by the big banks, as investors fear that the federal government will introduce a new tax on banks in tonight's federa
Shares in Zenith Energy were up 10 per cent to 55 cents after the remote generation operator listed on the ASX today, with the company planning to use the $25 million it raised to move into renewables and microgrid technology.
Retail spending has slowed for a second consecutive month, official figures have shown, as consumers tighten their purse strings amid low wages growth.
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.
