Latest Headlines

Founding managing director of Perth-based Liquefied Natural Gas, Maurice Brand, has announced his resignation from the board of the company.

Perth business executive Tim Brady is planning to list his new software business AssetOwl on the ASX through a $6 million reverse takeover of Regalpoint Resources.

The Australian share market has edged higher in choppy trading for its fifth straight session of gains despite the Bank of Japan's fresh economic stimulus measures disappointing some investors.

Mineral sands miner Iluka Resources has revealed it is in takeover talks with London-listed Sierra Rutile, an Africa-focused miner with a market cap of about $400 million.

Liquidators have been appointed to Crawford Property Group, with the firm becoming the second Pilbara-focused real estate player to run into strife in 2016.

WA’s belated adoption of changes to voter registration requirements has opened up a new challenge for the major parties ahead of the March 2017 poll.

Biotech firm Admedus has tapped investors for $18.3 million to fund ongoing development of its medical technologies.

Major health insurers HBF and Bupa have announced they will invest in the development of fellow insurer nib’s online health service platform, Whitecoat, which promotes itself as a TripAdvisor-like model offering consumers search, booking, survey, and pay functions for healthcare treatment.

Construction of some of Perth’s tallest buildings was never part of the City of South Perth’s plan to revitalise the suburb, according to Mayor Sue Doherty. 

Investor interest has swung strongly towards the resources sector this year, but opportunities remain for tech companies aiming to list on the ASX.

A series of new rail and road tunnels, including a CBD train loop and a line from Stirling to Murdoch could be needed as Perth's population grows to 3.5 million, according to Transport Minister Dean Nalder, as he unveiled the state government's long term transport blueprint this morning.

Gold’s rising stocks and role in the post-boom recovery will make this year’s Diggers & Dealers the most promising for many years. 

Iron ore shipments contributed more than $45 billion to the Western Australian economy in the 12 months to June, a figure well down on last year, according to BNiQ, despite a pick-up in volumes by the state’s major producers.

At yesterday's WA Innovation Summit, put together for new Innovation Minister Bill Marmion, 250 invited guests came up with plans on how best to spend the newly allocated $20 million of innovation funds. 

Tempo Australia has expanded its service offering with the acquisition of local electrical, telecom and data communications contractor Cablelogic for an undisclosed sum.

Quufind enables business owners to offer coupons/vouchers that customers can collect and later redeem.

Marine services company MMA Offshore has flagged a $140 million impairment in its upcoming FY16 results, with the majority of the charge attributed to its vessel fleet.

The Australian share market has opened slightly higher.

US stocks mostly rose in anticipation of results from tech heavyweights Alphabet and Amazon, while the yen eased after Reuters reported the Bank of Japan was considering expanding monetary stimulus to address signs of weak inflation.

Oil prices have fallen nearly two per cent, hitting April lows and with US crude headed for its biggest monthly loss in a year, on growing worries that the world was pumping more crude than needed.

The Australian dollar has fallen against its US counterpart as the greenback staged a minor rebound.

Gold has turned lower after hitting a two-week peak as the US dollar pared losses and US stocks climbed from their lows ahead of a possible Bank of Japan announcement to expand monetary stimulus on Friday.

Nalder’s transport blueprint

Cockram Construction has won a $20.4 million contract for redevelopment of the Katanning Health Service.

Gold miner Barrick Gold today announced its intention to sell its 50 per cent stake in Kalgoorlie’s iconic Super Pit, which is Western Australia’s second largest gold mine.

Australian shares have continued their slow upward push, ignoring a weak lead from Wall Street.

Motoring, travel, retirement and financial services group Royal Automobile Club of WA is understood to have sold part of its aged care homes services business to Sydney-based Quadrant Private Equity.

VDM Group will focus on its mining, trading and construction units of the group after announcing plans to close its equipment hire and sales business.

Blackham Resources managing director Bryan Dixon has flagged plans to boost production at the miner’s Wiluna gold plant, as its shares lifted 10 per cent today.

Power generation company Pacific Energy has won an eight-year contract extension to continue providing services at St Barbara’s Gwalia gold mine in Leonora.

Telstra will be challenged to replace all earnings lost to the National Broadband Network when the rollout of the NBN is completed, says credit ratings agency Moody's.

Not for profit MercyCare will boost its residential aged care services with the acquisition of privately-owned Belrose Care Group for an undisclosed sum.