Brierty has signed a new facility and debt restructure agreement with Bankwest that is conditional on the company’s rectification plan at Rio Tinto’s Western Turner Syncline project being approved by the iron ore miner.
In this Business News podcast Dan Wilkie and Mark Beyer discuss the state budget, fees and charges, skilled migration, the outlook for Perth property, new mining projects, the roadhouse blues, and indigenous business.
Pilbara Minerals will soon begin constructing its Pilgangoora lithium project after its board this morning gave the green light for the $214 million development.
State Treasurer Ben Wyatt says the South Australian government's controversial bank levy is an attractive option and he'll watch with interest ahead of delivering his own budget in September.
Shares in GR Engineering Services took a hit this morning after the company lowered its revenue and earnings outlook for FY17 after expected income from some projects were deferred until next year.
The Australian share market has edged fractionally higher as gains by most of the big mining and energy stocks, CSL and Telstra outweigh weakness among most of the major banks.
Bens big bill shockPower bills in WA will increase $169 a year as part of an overall hit to household budgets of almost $440 a year under changes announced by Treasurer
Oil has risen, a day after hitting 10-month lows, but market sentiment remains negative because the global crude glut has persisted despite OPEC-led output cuts.
Gold has risen, lifting quietly above the prior session's five-week low as the US dollar steadied and the 200-day moving average provided short-term support below the market.
Aqua Technics has installed a free-standing composite pool on the roof of the Park Regis Hotel in Subiaco, saying this technique delivered big time savings for Cooper & Oxley Builders.
Dental services account for almost half of the extras claims made by customers of private health insurance giant Medibank, at more than $500 million, latest figures show.
The state government has lifted an array of fees and charges as it seeks to address its budget woes, with iron ore exporters in the Pilbara and electricity consumers facing the largest increases.
The founder of Perth-based lobbying firm GRA Everingham has been named the next chief executive of Marketforce, succeeding John Driscoll, who has announced his retirement today.
Perth entrepreneur Paris Mitchell has packaged his past experiences with addiction and substance abuse into a series of educational presentations and workshops for schools, not-for-profit agencies and corporates.
Southern Cross Electrical Engineering has announced a number of contract wins worth a combined $100 million, with the majority of the work to be carried out by recently acquired, Sydney-based subsidiary Heyday.
Gold-focused Calidus Resources has begun trading on the ASX after raising $7.8 million from investors and completing a reverse takeover of biotech company Pharmanet Group.
A Supreme Court dispute between West Perth firm Quantum Credit and a City Beach developer has shone a light on business practices at the risky end of the property finance market.
ASX-listed tech firm Dreamscape Networks has entered into an agreement to acquire a Singapore-based hosting and domain services business for about $30 million in cash and scrip.
Perth-based Iluka Resources plans to put its Hamilton mineral separation plant in Victoria on care-and-maintenance status, resulting in a $150 million pre-tax impairment charge in its half-year accounts.
Miners face $95m rise in port feesMining companies will pay $95 million more in port and shipping fees in the Pilbara as part of a money raising measure to be unveiled
Property analyst BIS Oxford Economics believes there is limited upside for residential property in Perth and says the market has yet to bottom out, contrary to the widely held view that the worst is over for Perth homeowners.
The Australian dollar has extended losses against its US counterpart, despite the greenback's underperformance, as the price of oil falls another two per cent.
Oil prices have ended down more than two per cent, hitting a 10-month low in volatile trade, as growing US production and reduced Chinese refinery activity fed mounting concern over the stubborn global crude glut.
Gold has rebounded from a five-week low as an oil price slump pushes down stock markets and a weaker US dollar makes bullion cheaper for holders of other currencies.
About $29 billion has been wiped from the share market's value in its worst session of 2017, as lower oil prices and a souring outlook for commodities hit energy and mining stocks, and the negative sentiment infected the big banks.
Aspen Group has announced an agreement to sell its Spearwood Industrial Estate, leaving only a single asset in its portfolio that isn’t a holiday park or an accommodation village.
