Strong gains among financial and energy stocks have driven the share market higher despite lower trading volumes as most states break for a public holiday.
A Karratha-focused property developer that was jointly established by Boom Logistics director Terence (Jack) Hebiton has been placed into voluntary administration.
If the Western Australian government is seeking a marketing advantage over other states, it has just been handed one in the form of the disastrous energy policy destabilising the rest of the country.
Perth dwelling values tumbled by 2.5 per cent last month to their lowest level in nine years as weak demand continued to cripple the housing sector in Western Australia.
Woolworths has completed the sale of its profitable Home Timber and Hardware franchise as part of its $1.5 billion exit from the home improvement sector.
National Australia Bank has completed the sale of 80 per cent of its life insurance business to Nippon Life, and expects a loss of between $1.2 billion and $1.3 billion on the deal.
Perth's ‘Taj Mahal on the Swan’, the unfinished, derelict mansion owned by Pankaj and Rhadika Oswal, is finally being demolished. CLICK THROUGH TO SEE MORE PHOTOS.
Perth-based biotechnology company Metavone hopes to list on the ASX next month after raising up to $5 million from investors in an initial public offering.
Gold prices have fallen in volatile trading as safe-haven demand dwindled after stocks in major markets largely recovered from a sell-off on easing concerns about Deutsche Bank.
Oil prices are higher after settling mixed while posting their second straight monthly gain on OPEC's planned output cuts, even as scepticism about the cartel's pledge grew after data suggested another record high in its production.
Strong currency RBA’s rate cut dilemmaThe strength of the Australian dollar is the one element that may prompt the Reserve Bank of Australia to cut rates
In this Business News podcast Mark Pownall and Mark Beyer discuss city retail, Elizabeth Quay developments, ICT mergers and acquisitions and our special report on residential building.
Malaysian property group Seri Mutiara Development is planning a $100 million residential project in Perth’s southern suburbs, having bought three plots of land at Cockburn Central West.
The share market has ended the week with a fall, hurt by financial and resources stocks amid concerns about Deutsche Bank's future and the possible implications of its financial woes.
The former chief executive of a Western Australian shire, who stole almost $600,000 over four years and gambled it away, has been jailed for four-and-a-half years.
The Western Australian arm of WHBO Group has won a contract to carry out upgrades across a large section of the Great Eastern Highway, in a project worth a total of $36 million.
More than half of the electricity used in the Pilbara town of Onslow will be sourced from renewable sources by 2020, with the state government today announcing it will be home to Australia’s largest distributed generation microgrid.
The state government has given its tick of approval for Rio Tinto to develop more iron ore deposits at the mining giant’s Western Turner Syncline operation near Tom Price.
Carnegie Wave Energy has taken first place in Techboard's top trending startup rank this fortnight, after announcing a $2.5 million grant for a wave and solar power microgrid on Garden Island.
Decmil Group has won three contracts worth about $34 million, with two of the contracts awarded to a joint venture established with a local engineering business owned by former Horizon Power boss Rod Hayes.
Struggling retailer Woolworths is considering offloading its petrol stations, not long after striking deals to rid itself of its loss-making hardware business.
ASG Group’s board has recommended its shareholders approve a takeover offer from a Japan-based consulting and IT services firm, which values the business at more than double that of a previous bid three years ago.
WTI oil has jumped more than one per cent and Brent has neared $US50 a barrel on optimism over OPEC's first planned output cut in eight years, although gains were limited by doubts the reduction would make a substantial dent in the global crude glut.
Gold is up a shade after the US dollar flip-flopped in the wake of mixed US data and as scepticism grew over whether OPEC members would be able to implement production cuts that could fuel inflation.
