Perth-based contractor Macmahon Holdings has flagged a hit to its earnings for the year after terminating its contract in Nigeria and incurring losses at Newcrest Mining’s Telfer gold mine in WA.
Vocus Communications boss Geoff Horth has survived a proposal to remove him from the helm of the firm by Perth venture capitalist Anthony Grist and Vocus founder James Spenceley.
Thousands of aggrieved Slater & Gordon shareholders will be represented in a $250 million-plus class action against the law firm for wrongdoing including allegedly "blindsiding" them with bad news.
The Australian dollar is hovering at a three-week low as the US greenback found support among investors following falls in global equity markets and oil prices.
Oil prices have retreated from one-year highs, after OPEC said it was trying to reach a global agreement to cap production for at least six months amid doubts about how much that would reduce a crude glut.
Slumping crude prices and a dour start to Wall Street's corporate earnings season have pulled down US and European equities, while the dollar hit an eight-month high on increasing bets US interest rates will rise in December.
Rio’s iron ore boss blasts Grylls in letter to workersRio Tinto’s iron ore boss has warned WA Nationals leader Brendon Grylls’ mining tax plan would “seve
Western Australian gas producers shipped 2.2 million tonnes of LNG in September as quarterly exports were up 45 per cent nationally on last year, according to consultancy EnergyQuest.
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.
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.
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.
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.
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.
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.
