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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.

Woolworths' first quarter sales have returned to growth for the first time in nearly two years, and the results have surpassed market expectations.

The all-Australian consortium competing for the Kidman cattle empire has withdrawn its bid, after the target's board unanimously recommended Hancock Group-Shanghai CRED's revised $386.5 million offer yesterday.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.

The Australian dollar has slipped sharply after rising bond yields pushed up the US dollar overnight.

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.

Gold is little changed, pressured by a persistently strong US dollar as the market awaits more signs about the timing of an expected US interest rate rise from the Federal Reserve.

PPL deal likely as heat on NXT over tax cutsThe business community has joined the government in pressuring the Nick Xenophon Team to pass company tax cuts and budget savin

Saracen Mineral Holdings managing director Raleigh Finlayson has told today’s WA Mining Club lunch that local mid-tier gold miners had squandered a share price premium during the boom years, but had since built up a strong case to trade at above underlying value.

The state government has said the new Perth Children’s Hospital, which has been plagued by delays, won’t open before February next year.

The share market has taken a second straight sharp drop due to falls across the energy, resources, consumer staples and financial sectors.

Gina Rinehart and Shanghai CRED’s joint venture has proposed a counter-bid to that of the all-Australian consortium competing for the Kidman cattle empire, and says Hancock Prospecting would wholly acquire the target if foreign investment approvals aren't awarded.

Engineering firm Civmec says it has won another load of contracts for major projects in the east coast, worth a combined $30 million.

Reiwa members reported a decrease in weekly sales to 604 this week. The overall 4 per cent decrease in sales over the week is attributed to a 6 per cent decrease in sales for houses. Sales for units remained stable, while vacant land sales experienced an increase of 14 per cent.

The big four banks and AMP are likely to refund at least $178 million to more than 200,000 customers who did not receive financial advice for which they were charged.

Perth property developer Paul Blackburne is the wealthiest of five Western Australians featured in the BRW Young Rich List 2016.

Interest from North American pension funds could help drive continued strength in the gold sector, although tax competitiveness and policy stability will be important, according to industry leaders.

Debt-laden steelmaker Arrium should be sold off to the highest bidder, its creditors have been told.

A former York real estate agent has lost his licence and his son is facing further penalties after the State Administrative Tribunal upheld allegations they pocketed $6 million from deceitful and misleading land deals.

Fruit and vegetable growers have told the competition watchdog they are reluctant to report complaints against the major supermarkets and wholesalers because they fear retribution.

National Australia Bank has held its final dividend unchanged at 99 cents after lifting full-year cash earnings 4.2 per cent to $6.48 billion.

The Australian share market is trading slightly lower in early trade as investors stay wary after a 1.5 per cent slide in the previous session.

The Australian dollar is lower after short-sellers took profits as the currency neared 77 US cents.

Oil is down more than 1.5 per cent even after a surprise drawdown in US crude inventories, as traders remain cautious that OPEC would be able to cut production come late November.

Gold prices have fallen as investor appetite for riskier assets such as equities and crude oil have recovered slightly, denting demand for bullion, often considered a safe haven.

United front in war on populismTelstra chairman John Mullen has called for a unified approach by big business to defend against growing community hostilit

The latest inflation figures won't eliminate the chance of another interest rate cut, but they do offer hope that the Reserve Bank won't feel compelled to go down that risky path.

Next month, Lazy Susan’s Comedy Den in Highgate will host a storytelling hub where a group of Perth entrepreneurs, business owners and leaders will gather to share personal stories and raise money for suicide prevention charity RUOK. 

A carbon foam-focused company chaired by Perth-based chartered accountant Gary Steinepreis has made huge gains on its first day of trading on the ASX, after completing a $9 million initial public offering.