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.
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.
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.
Eastern Goldfields has withdrawn its $6 million share subscription agreement proposal put forward to Windward Resources, following Independence Group’s $20.5 million takeover bid lodged last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.
The Australian share market has advanced in early trade, despite a weak close last week on Wall Street, as investors look to build on gains from the past three weeks.
Oil has fallen just over one per cent as players took profits on a rally over the past week that propelled prices nearly 15 per cent to four-month highs on hopes of OPEC crude output cuts.
Gold has fallen for the ninth straight session, briefly tapping a four-month low as computer-generated selling offset support from weak US payrolls data, but bullion was on track for its biggest weekly drop in more than three years.
No more rate cuts: MorrisonTreasurer Scott Morrison has emphatically signalled he opposes more interest rate cuts by the Reserve Bank of Australia, arguing monetary policy
In this Business News podcast, Mark Beyer and Dan Wilkie discuss residential property, Malaysian investment, innovation, fracking and our quarterly report on corporate finance deals.
A new $3 million premium food centre that will help regional agricultural and food businesses find new markets was officially opened in Manjimup today.
South Australian mining junior Flinders Mines has announced a capital raising of $5 million, with the company to put the cash towards a loan repayment and tenement expenditure commitments at its Pilbara iron ore project.
The share market has ended the week with a fall as markets wait for the latest US jobs data that is likely to influence the timing of an expected US rate hike.
Two different proposals from the Western Australian government to change the way Rio Tinto and BHP Billiton pay an iron ore charge is already damaging the state's reputation as an investment destination, a business lobby group says.
Marine manufacturing firm VEEM has raised $25 million from its initial public offering, with its stock expected to start trading on the ASX later this month.
The state’s five port authorities posted substantially lower net incomes in the 2016 financial year but were still in the black by $223 million, according to annual reports tabled in parliament in recent weeks.
South Perth’s Mends Street precinct is in line for an overhaul, after the federal government committed $2.5 million towards a $7.5 million redevelopment.
