Dormant explorer New Horizon Coal has extended its deadline for an $18.8 million capital raising after receiving an underwriting commitment for 70 per cent of the target amount, as it looks to shift its focus to oil.
OPINION: Western Australia has a new billionaire, or to be completely accurate, it has an old billionaire who has made another billion dollars over the past 12 months without anyone really noticing.
Premier Mark McGowan has been forced to reshuffle his cabinet just four days after his ministers were sworn in, with Labor state president Peter Tinley losing the mines and petroleum portfolio.
Mike Nahan has been voted in unopposed as leader of the WA Liberals after two-term premier Colin Barnett stepped down, while former sports and recreation minister Mia Davies has been voted in as leader of the WA Nationals.
Royal Automobile Club of WA members will be eligible for a 5 per cent discount on health insurance cover through a new partnership with national provider HCF.
Internet provider TPG Telecom has delivered strong interim financial results - thanks largely to the contribution of its iiNet operations - and has reaffirmed its underlying earnings guidance for the year.
The share market has opened lower after US stocks fell overnight on worries about delays in US President Donald Trump's plan to cut taxes and boost the economy.
New lending controls loomRegulators are preparing to impose a fresh wave of constraints on the banks to slow investor lending growth, crack down on interest-only loans,
QV1 co-owners Investa Property Group and Eureka Real Assets have unveiled the look of Perth CBD’s newest food precinct, the $6.5 million first phase of nearly $150 million worth of redevelopment works at the 43-level office tower.
Gold prices edged higher to a two-week peak on Monday as the dollar slid to a six-week low after a G20 weekend summit dominated by the US administration's protectionist stance.
Oil prices slipped on Monday, despite news that OPEC was supportive of extending a six-month deal to cut output as investors continue to grapple with worries about growing US oil output and high inventories.
Red Rooster has chosen Northbridge as one of four locations where it will open new-format stores, with smaller-footprint operations designed to allow the barbecued chicken chain to secure more inner-city sites.
Oil and gas giant Inpex will hang its logo 24 storeys above the Perth CBD, after confirming it will stay put at 100 St Georges Terrace, one of two new leases covering 20,000 square metres in the ISPT-owned building.
Local gold miner Millennium Minerals has found an internal candidate to replace outgoing chief executive Glenn Dovaston, who has resigned after two years at the helm.
The Australian dollar has managed to stay above the 77 US cents level as the US dollar weakened but the local share market is lower after an uninspiring lead from US markets on Friday.
Perth-based gold juniors Gascoyne Resources and Intermin Resources have both reached milestones, with Gascoyne earmarking GR Engineering Services for construction of processing infrastructure while Intermin has achieved first production.
SPECIAL REPORT: Three data centre operators, including new player Pier DC, are set to be big winners from the state government’s GovNext plan, though a fourth operator is seeking to spoil the party.
The Autism Association of WA is part way through its campaign to secure 20 positions for jobseekers with autism, and is calling for more prospective employers to get involved.
SPECIAL REPORT: The growing use of technology as a business enabler is creating opportunities for information and communication technology (ICT) firms.
Kidman Resources has entered into an agreement to farm-in to 19 lithium-prospective tenements in Western Australia owned by nickel miner Western Areas, with the scrip-and-spend deal worth up to $11.6 million.
Royal Flying Doctor Service WA CEO Grahame Marshall talks to Business News head of content Mark Pownall about his career shift to head a not for profit six years ago and what he has learned on that journey, with an organisation that reaches every corner of our vast state.
Graphite-focused tech company Hazer Group has announced plans to form a joint venture with diversified business Mineral Resources, after MinRes boosted its stake in Hazer by subscribing for $5 million worth of shares.
Former WA treasurer Mike Nahan says he will rebuild the Liberal Party after their crushing election defeat and plans to speak with former premier Colin Barnett about leaving parliament.
Renewable-focused Carnegie Clean Energy has announced it is developing a $20 million, 10-megawatt solar power station in Northam, which it says will generate enough electricity to power 4,000 homes for 25 years.
Office landlord Hawaiian’s refurbishment program at London House has paid dividends, with three new tenants taking space in the 18-level St Georges Terrace building in the past three weeks.
The prime minister has challenged newly elected Western Australian Premier Mark McGowan to convince his fellow Labor leaders in other states to change the GST carve-up.
The Australian share market has opened lower as investors take cues from a slight decline on Wall Street on Friday and a watered-down free trade commitment at the G20 meeting over the weekend.
G20 submits to TrumpTreasurer Scott Morrison has claimed credit for preserving support for global trade among the world’s top finance ministers in a re
The Australian dollar is steady against its US counterpart after mixed data in the US and an uneventful G20 meeting resulted in consolidation among most currencies.
