The Australian dollar has lost ground against the greenback after the US central bank left the door open for an interest rate hike as early as September.
Oil prices are largely unchanged following a volatile session, as traders reacted to comments from Fed Chair Janet Yellen and reports of missile activity in Saudi Arabia.
US awards $5 million to BHP Billiton whistle-blowerThe US government paid a bounty of nearly $5 million to a former employee of Australian mining giant BHP Billito
With CBH Group in the midst of an internal review of its structure, Business News thought it an opportune time to sit down with CEO Andrew “Andy” Crane at Julio’s in West Perth to discuss his career to date, and the grain cooperative’s future.
Charities fill many business niches in Western Australia, but it is hard to imagine that any before now have been developers, manufacturers, and sellers of sophisticated devices that are a part of the fast-growing internet of things.
In this Business News podcast Mark Pownall and Mark Beyer discuss state political dramas, profit season, charity bike rides, entrepreneurs and retail property.
Costs would need to come down a further 25 per cent to breakeven at around $US40 per barrel of oil for the Browse LNG project to proceed, according to Woodside Petroleum managing director Peter Coleman.
Two Perth-based not for profits have teamed up to combine cancer support services, with SolarisCare and Cancer Support WA announcing their plans to merge.
The share market has lost ground as investors moved cautiously ahead of a speech by US Federal Reserve chair Janet Yellen which could provide clues on the timing of a US interest rate hike.
Recently-listed technology company Peppermint Innovation will supply its remittance system to a bank based in the Philippines under a new partnership deal.
Nedlands-based sandalwood producer TFS Corporation has pointed to solid growth in cash revenue and underying earnings to support a positive outlook for the business, despite reporting a fall in net profit after tax.
Gold miner Saracen has more than doubled financial year net profit to $26 million on the back of higher gold production and a continuing strong local dollar gold price.
Decmil Group and Global Construction Services have swung into the red on the back of large write-downs and restructuring costs, but both are upbeat on the year ahead.
More than 80 per cent of houses sold in Perth in the year to the end of June went for $400,000 or more, the latest evidence of the difficulties faced by low income earners seeking to own a home.
Corporate law firm Gilbert + Tobin has continued its counter-cyclical growth drive, recruiting former Macquarie Capital executive Justin Mannolini as its third new partner this year.
Oil prices have risen one per cent on US-Iran military tensions in the Gulf and speculation the US dollar will fall on a monetary policy speech due from the US Federal Reserve chair.
The Australian dollar is slightly lower against the greenback as traders wait for US Federal Reserve chair Janet Yellen to speak at a global central bankers meeting.
Gold has hit four-week lows, under pressure from upbeat US data in the run-up to a speech by Federal Reserve Chair Janet Yellen this week that will be watched for clues on monetary policy.
The latest winners in the EY Entrepreneur of the Year awards have illustrated the diverse potential of the state’s economy by developing value-adding businesses in sectors including education, oil and gas, agriculture, and construction.
Recession warning falls on deaf earsThe Turnbull government will blitz the Parliament with budget and economic reform bills next week to maintain the pressure on Labor and
A chemical plant making an ingredient for explosives in the Pilbara is an example of Western Australia’s economic diversity, according to Premier Colin Barnett, who predicted manufacturing would undergo growth in the state despite its years of lagging on the east coast.
Resource heavyweights, including Rio Tinto and BHP Billiton, weighed on the Australian share market on Thursday amid another wave of mixed company earnings results.
Perth IT firm Empired has sunk into the red but believes a strong recovery in the second half of the 2016 financial year has put it in a good position for FY17.
A Federal Court ruling that was the first ever assessment of native title compensation in Australia is expected to lead to more claims by Aboriginal groups.
A judgement ordering One Nation senator-elect Rod Culleton and his wife to pay former Wesfarmers director Dick Lester more than $200,000 in damages has been upheld.
