Australian consumers are increasingly spending their money with big businesses rather than supporting local stores, despite professing their affection for small business, a new survey has found.
Leadership WA chief executive officer Robin McClellan spent 10 minutes with Justine Colyer, who believes not for profits can balance commercial astuteness with humanity.
Soon-to-be lithium miner Galaxy Resources has expanded an existing agreement with investment group OCP Asia to borrow a further $16 million to meet working capital costs until first revenue is achieved at its Mt Cattlin mine.
Qantas is facing a bumpy year as international airlines cut air fares to attract customers, just two months after the airline delivered a record annual underlying profit.
Energy giant Woodside Petroleum says it has completed its $US440 million purchase of ConocoPhillips’ stake in an oilfield off the coast of Senegal, despite leaving a contractual dispute with one of the project’s partners unresolved.
Rio Tinto has agreed to sell its its stake in the Simandou iron ore project in Guinea to partner Chinalco, setting the stage for a sizeable new competitor.
The Australian share market is flat in early trade, with investors a little nervous ahead of the US presidential election on November 8 and awaiting any indication of a potential lift in US interes
Oil prices has settled below $US50, marking their biggest weekly loss in six weeks, on concerns OPEC will not fully carry out a planned output cut, even as data showed US oil drillers removed rigs from production for the first time since June.
Gold has risen one per cent to the highest level in nearly four weeks, extending gains late in the session after the FBI said it will further investigate Democratic presidential candidate Hillary Clinton's use of a private email system.
Young generation needs to make avocado on toast, not eat itYoung Australians shouldn’t be eating smashed avocado on toast, they should be making it, according to a recent
Chevron has blamed problems at one of its overseas suppliers and inadequate planning for a $US5 billion ($A6.6 billion) blowout in the cost of its Wheatstone liquefied natural gas (LNG) project.
In this Business News podcast, Mark Pownall and Dan Wilkie discuss WA’s economy, Kidman, Alinta, Tox Free, Paul Blackburne, Perth airport and WA’s arts and cultural industry.
An ambitious waste recycling project using technology developed by ASX-listed AnaeCo and jointly built by contactor Monadelphous Group has gone into administration.
Australia is often favourably referred to as the lucky country, although many who use the term misunderstand the irony intended when Donald Horne first coined the phrase in his 1964 book, The Lucky Country.
Aspiring lithium miner Pilbara Minerals has agreed to purchase Roy Hill Holdings’ dormant 300-person camp facility for use at its Pilgangoora project for an undisclosed sum.
Diversified investment and development company CFC Group has combined its mining services and infrastructure businesses to form a single subsidiary, in response to the tough mining environment.
Macquarie Group managing director Nicholas Moore says the investment bank is on track to broadly match last year's record $2.06 billion profit despite a 2 per cent slip in half-year profit.
More than $1 billion has been wiped off AMP's market capitalisation after the wealth manager announced a $668 million impairment due to ‘constant deterioration’ in the insurance market.
The state government has officially hired Broadspectrum to provide security and custodial services to Western Australia from next year, under a $235.8 million contract previously held by Serco.
Perth-based explorer Bannerman Resources has tapped investors for $4 million to fund an engineering program to help reduce cost estimates at its $US793 million Etango uranium project in Africa.
Lions Eye Institute founder Ian Constable has been recognised by the University of Western Australia which will name a new senior academic role after him.
Carnegie Wave Energy has topped Techboard’s startup ranking this fortnight, following the announcement of its acquisition of fellow cleantech Energy Made Clean (ranked second) for $13 million earlier this week.
The all-Australian consortium competing for the Kidman cattle empire has withdrawn its bid, after the target's board unanimously recommended Hancock Group-Shanghai CRED's revised $386.5 million offer yesterday.
The Australian share market is higher in early trade with gains in mining and energy stocks and a boost from Woolworths, which reported positive first-quarter sales growth.
Oil has settled higher, as commitments from Gulf OPEC members to cut production assuaged some lingering doubts in the market about cooperation from other producers.
