Latest Headlines

Morgan Stanley Wealth Management has been appointed by the corporate watchdog to sell a portion of shares in Sovereign Gold Company held by former Applabs Technologies directors which were found to have been acquired invalidly.

Professional services firm Deloitte has bolstered its energy and resources practice in Western Australia with two new appointments.

Curtin University has announced a collaboration agreement with Victora-based Gekko Systems to commercialise new technology designed to make gold processing more efficient.

Power generation company Pacific Energy’s second-largest shareholder has sold its $50 million stake in the business to a number of undisclosed investors.

Low aluminium prices caused by a worldwide glut are flowing through the industry in Australia, with consequences for WA’s South West.

Oil giant BP's decision to abandon exploration plans in the Great Australian Bight could mean that the region will remain unexplored for some time.

Telstra has defended the quality of its network after a series of major disruptions this year while also warning against the possible regulation of mobile roaming charges.

Elizabeth’s Quay’s newest project is a big step forward for one of Malaysia’s most prolific developers.

Mozambique-focused graphite explorer Metals of Africa has recruited former Atlas Iron boss David Flanagan as its new chairman.

BHP Billiton expects renewable energy to grow at the higher end of expectations but says non-renewable fuels will remain the lowest cost sources in major energy markets for the foreseeable future.

Work will start on the controversial $540 million Roe 8 highway extension project before the next state election, with a consortium led by CIMIC Group to be awarded a contract for the project in the coming days.

The Australian share market has opened higher, following Wall Street's positive close.

Oil prices have jumped as much as three per cent, with Brent hitting a one-year high, after Russia says it is ready to join OPEC in curbing crude output and Algeria calls for similar commitments from other non-OPEC producers.

Gold has recovered from its biggest weekly drop since November after downbeat US payrolls data dampened speculation of a near-term US interest rate rise and as Chinese buyers returned after the Golden Week holiday.

The Australian dollar is still gaining against the greenback after oil prices jumped overnight.

Rivals circle Rinehart’s Kidman bidSome of Australia’s wealthiest graziers including BRW Richlisters Tom and Pat Brinkworth and Sterling Buntine

Educated in Rockingham, Vancouver and at UWA, and with a corporate career stretching between San Francisco and WA, Tracey Horton has some interesting perspectives on business and academia, as Business News discovered over lunch at Julio’s in West Perth.

Leadership WA CEO Robin McClellan spoke to Australian of the Year and former chief of army, David Morrison about leadership and the need to ensure our culture is inclusive, not exclusive. 

AMP Capital has bought the newly built Eastern Goldfields regional prison, joining the likes of Catholic Super, Australian Super and Aberdeen Asset Management as private owners of public infrastructure assets in Western Australia. Click through to see the BNiQ listing of public assets in private hands.

The Australian share market has closed fractionally higher as gains in financial and resource heavyweights, plus takeover target UGL, offset losses in energy stocks on the back of lower oil prices.

Julie Adams, the co-founder of Rising Stars award winner Chemo@home, has been named the Telstra Western Australian Business Woman of the year.

Almost half of Liberal voters in Treasurer Mike Nahan's safe seat of Riverton are opposed to the proposed privatisation of utility Western Power, according to ReachTel data.

PayNow for Stripe is a minimalist point-of-sales app, allowing users to accept credit card payments quickly on any mobile device. NFC is used to enable PayPass payments without any need for a swipe card reader.

The economic downturn has hit the state hard but WA’s fundamentals are still strong.

SPECIAL REPORT: Perth’s major business brokers are adapting their strategies to deal with a changing buyer profile and a general softening of prices.

SPECIAL REPORT: The recent sale and merger of two testing laboratories in Perth has allowed the vendors of each business to achieve very different outcomes.

The federal government has promised an "arms-length" decision on Gina Rinehart and Shanghai CRED’s joint $365 million bid for cattle empire S. Kidman & Co, which will still require foreign investment approval.

SPECIAL REPORT: The stock market’s appetite for new listings is allowing a range of companies, from family-owned engineering firm Veem to big national player Alinta Energy, to raise capital.

Troubled iron ore miner BC Iron has sold its majority stake in the Nullagine joint venture to Fortescue Metals Group for just $1, along with some royalty payments.

Austal has been contracted to provide maintenance work on patrol boats for the Royal Australian Navy for an undisclosed sum.

Eastern Goldfields has withdrawn its $6 million share subscription agreement proposal put forward to Windward Resources, following Independence Group’s $20.5 million takeover bid lodged last week.

Spanish-controlled construction giant CIMIC Group has launched a $524 million takeover bid for its ASX-listed rival UGL.