The Australian share market has lost ground during a day plagued by technical glitches that delayed the market open and eventually forced a premature end to equities trading.
Victoria’s Labor government has reaped a bumper price of $9.7 billion from the sale of the Port of Melbourne, suggesting the WA government could potentially raise in excess of $2 billion from the sale of Fremantle Ports.
Whether Premier Colin Barnett stays or goes is a political decision, but it would be unwise for anyone to imagine that a change at the top of government will not have a significant effect on the way business is conducted in Western Australia.
Wellard chief executive Mauro Balzarini has sold a big chunk of his stake in the local agribusiness to a Chinese firm and repaid the company $16.3 million through his private investment vehicle.
Mineral Resources is a step closer to developing its bulk ore transport system (BOTS) in the Pilbara after the project was recommended for approval by the environmental watchdog.
Colin Barnett says he is confident he has the support to continue as premier if there is a leadership spill this week, following the resignation of ministers Dean Nalder and Tony Simpson over the weekend.
Crude oil prices fell two per cent on Friday to multi-week lows as swelling Iranian exports reinforced fears of a global glut, while petrol rallied on refinery and pipeline outages.
Gold has fallen to a two-week low after data showing faster-than-expected growth in US consumer prices in August helped support the case for the Federal Reserve to raise interest rates later this year and the US dollar jumped.
PM to push US over TPPPrime Minister Malcolm Turnbull will tell United States congressional leaders and policymakers this week that commerce and trade are as powerful as ‘
In this Business News podcast Mark Pownall and Mark Beyer discuss newspapers merger, law firms growth, tourism down south and what’s happening in the gold sector.
Indigenous corporations in Western Australia have experienced a fall in average income for the first time in five years, though the state’s largest Aboriginal corporations, listed in the BNiQ Search Engine, have defied the downturn.
PHOTO ESSAY: A month before the Telstra Perth Fashion Festival, more than 150 models fronted an industry panel in the hope of being selected to walk the runway in one of the fashion parades during the six-day event.
A Productivity Commission report, and moves by giant international tech companies, could bring significant changes to Australia’s copyright laws, and we all stand to lose.
Andrew and Nicola Forrest’s company Forrest & Forrest has lodged an appeal against the Supreme Court’s decision to allow Tony Sage-led Cauldron Energy to explore for uranium at Minderoo Station.
JB Hi-Fi shares have soared after returning to trade for the first time since the electronics retailer announced an $870 million takeover of The Good Guys.
Car retailer Automotive Holdings Group is bracing for a potential earnings hit when the corporate regulator enacts reforms to finance and insurance commission arrangements next year.
Oil prices have risen strongly, after tracking a rally in petrol futures sparked by a delayed restart of the main petrol line at Colonial Pipeline, the No. 1 carrier for the motor fuel in the United States.
The Australian dollar has risen more than half a US cent as the greenback fell on disappointing US retail sales numbers, dousing market expectations of an imminent US rate rise.
West Perth-based NWQ Capital Management has beaten off competition from rivals in Sydney and Melbourne to be named Australia’s best hedge fund investor.
Super done, next task is growthTreasurer Scott Morrison says spending cuts and revenue increases alone will not be enough to repay the nation’s burgeoning debt and that th
Eden Energy today announced plans to raise a further $15 million to support the commercial roll-out of its innovative concrete additive product, having tapped investors for $10.3 million in May this year.