Debt-troubled Paladin Energy has started discussions with some of its stakeholders and convertible bond holders about the looming deadline for a $US212 million repayment, as a cloud hovers over the company’s planned sale of a stake in its Langer Heinrich uranium mine to meet those repayments.
The chairmen of Perth companies South32 and Alexium International Group have singled out global firm Institutional Shareholder Services for criticism amid ongoing debate over the role of proxy advisers.
Perth is now the only capital to record a year-on-year fall in house prices, and was the weakest-performing city in the three months to November, according to new data.
he Australian share market has kicked off with gains in early trade as investors cheer an agreement between the world's largest oil exporters to cut output for the first time in eight years.
Oil has soared more than 10 per cent to over $US50 a barrel and its highest in a month as some of the world's largest producers agree to curb production for the first time since 2008 in a bid to support prices.
Gold has fallen to nearly a 10-month low, adding to its deepest monthly price declines in more than three years as strong US economic data and higher US Treasury yields buoy the US dollar, further cementing the case for a December rate increase.
US stocks ended with big gains for November on Wednesday thanks to a sharp post-election rally, but the S&P 500 finished the day flat as drops in utilities and technology offset energy's surge.
Foreigners out of WA power saleThe WA government has blacklisted foreign investors from the first stage of the $11 billion privatisation of the state’s electricity grid, w
Girls will be eligible to attend secondary school at Guildford Grammar from 2018, more than 40 years after admission was extended to both genders at the campus’s primary education facilities.
Western Australian women have gone backwards in terms of the gender pay gap, with full-time workers earning on average 30.9 per cent - or $43,000 a year - less than men.
The federal government’s plan for a 15 per cent rate backpacker tax has been knocked down in the Senate, with the state’s farming body left furious and desperate for a solution.
Unions have been put on notice with the revival of the Australian Building and Construction Commission, as the building sector celebrates the what it says is the return of law to the industry.
Medibank boss Craig Drummond has committed to halting the decline in the private health insurer's market share by overhauling its approach to customers.
Privately held tantalum miner Global Advanced Metals has reported a $6.3 million net profit for the year to June 2016, up from a $72.2 million loss in the previous 12 months, while its two Western Australian mine sites remained under care and maintenance.
Seventeen Perth-based startup organisations have been selected to participate in the KPMG Energise and OzAPP Awards accelerator programs to help grow their businesses.
Colin Barnett says he would like to see penalty rates cut for casual small business employees on Sundays and public holidays, but lift the base rate for standard hours.
The Barnett government is hoping to raise $3 billion by selling 51 per cent of Western Power to Australian investors, and will also use the privatisation deal to remove about $8 billion of debt off the state’s books.
The Australian share market has kicked off the trading session lower, due to renewed pressure on resource and energy companies, including Rio Tinto, BHP Billiton and Woodside Petroleum.
Oil has slumped four per cent as OPEC's leading oil exporters struggle to agree on a deal to cut production to reduce global oversupply and boost prices, with Iran and Iraq at loggerheads with Saudi Arabia a day ahead of meeting.
Gold prices have fallen due to expectations of rising US interest rates and improving sentiment for global economic growth, which mean investors are likely to favour risk assets such as equities.
The Australian dollar is marginally higher against its US counterpart after gains in the greenback fizzled out following strong third quarter US economic growth data.
AAA loss to ‘ricochet through the economy’Shadow treasurer Chris Bowen will today outline the bleak scenario facing the nation’s banks and heavily indebted households if t
Fortescue Metals Group has recognised the family of chairman Andrew Forrest by naming four new very large ore carrier (VLOC) vessels after his wife and children.
DigitalX has re-energised its board with the appointment of a Perth-based CEO as the software company seeks to move forward from revelations earlier this year that its founder is facing charges in the US for fraud.
Falls in resource, energy and telecom companies, including Rio Tinto, BHP Billiton and Vocus Communications have dragged the Australian share market lower.
