Cuts keep Bhagwan afloatBhagwan Marine has been selling vessels, slashing overheads and refinancing debt to stay afloat during a crippling three year industry slump.
The Australian dollar is down sharply against the greenback, falling back below 75 US cents, as the US dollar gains after an influential Federal Reserve official expressed confidence that rising wages would help revive domestic inflation.
Oil prices have fallen about one per cent to a seven-month low as market players see more signs that rising crude production in the United States, Libya and Nigeria have undercut OPEC-led efforts to support the market with output curbs.
Gold has fallen to a near five-week low as the US dollar rises after hawkish comments from a top Fed official, but uncertainty created by the start of talks on the terms of Britain's departure from the European Union prevented deeper losses.
More than a dozen partners from BDO will wear purple bras over their corporate attire this Wednesday in support of Breast Cancer Care WA’s annual Purple Bra Day, in the hope of raising at least $10,000 for the charity’s services.
Perth business executive Stephanie Unwin is moving from chairman to chief executive of listed biotech company Phylogica, while one of its non-executive directors has been promoted to the role of chief scientific officer.
The Australian share market has lifted as the major banks made gains but investors dumped retail stocks as a major acquisition by internet giant Amazon.com in the US ignited fears for the future of local bricks-and-mortar retailers.
A high-risk work licence assessor has been fined $14,000 and had his registration cancelled in WorkSafe’s latest efforts to address chronic problems in the sector.
Australian Finance Group announced today its net profit for the current financial year would come in nearly 45 per cent higher than consensus forecasts, after a change in the way its treated certain commission income.
Golden Mile Resources has wrapped up its first day of trading on the ASX, after raising $4.5 million from investors through an initial public offering.
Sandfire Resources will spend $3 million to earn a majority stake in Thundelarra’s Red Bore project, which lies adjacent to the copper miner’s DeGrussa operation in the Bryah Basin.
Fairfax Media has rebuffed an approach from a consortium including advertising entrepreneur John Singleton for its 54.5 per cent stake in Macquarie Media.
Community acceptance of tall buildings has come a long way in Perth, but developers still face significant challenges in their efforts to add density to near-city suburbs.
Developers are seeking to exploit new niches in Perth's residential apartment market, with slow sales and patchy project launches likely to lead to supply issues in the near future.
Whether he’s taking photos of baby leopards in Namibia or of acclaimed musicians performing to packed stadiums all over the world, award-winning photographer, filmmaker, and creative director Jarrad Seng has turned what was a hobby into a fulfilling career.
The Australian share market has opened flat following a mixed close at Wall Street overnight where shares were hit after disappointing US consumer sentiment and housing data.
Jungle king tears into groceriesAmazon’s shock deal to acquire upscale US grocery retailer Whole Foods for $US13.7 billion ($18 billion) signals its growing intent to d
The Australian dollar is higher against its US counterpart which has fallen broadly following weaker-than-forecast US housing and consumer sentiment data.
Oil prices have bounced up off the year's lows as some producers reduced exports and US rig additions slowed, but the rebound was modest and crude posted its fourth weekly decline on persistent concerns about global oversupply.
Gold was little changed on Friday as investors judged that a sell-off sparked by a rise in US interest rates this week had run its course and the dollar weakened, making bullion cheaper for holders of other currencies.
Australian shares have ended Friday and the week ahead, as solid performances across the banking and industrial sectors softened late in the day but lifted the market beyond a weak overnight lead on Wall Street
OPINION: The formation of the Put Western Australia First Party has raised the stakes over tax reform, with the Liberals and Labor on notice that Senate seats may come under threat unless something tangible is done to resolve the GST impasse.
Melbourne-based architecture and interior design studio Plus Architecture has opened an office in Perth office under the leadership of former Woods Bagot Perth senior associates Will Schofield and Patric Przeradzki.
The Perth-based distributor of the Thermomix kitchen appliances in Australia is being taken to court by the consumer watchdog for allegedly misleading customers when the products were found to be dangerously faulty.
The West Coast Eagles have scored two significant wins in less than 24 hours, with the team extending its sponsorship agreement with insurer SGIO after defeating Geelong at Domain Stadium last night.
