Commercial landlords in West Perth are coming under increasing pressure to retain tenants, as the near-city suburb’s office vacancy rate hits all-time highs.
National Australia Bank is overhauling its business structure, folding parts of its wealth management unit into personal banking and separating its business banking into two units, with former Perth executive Cathryn Carver one of the winners.
Peter McBain has stepped down as chief executive of mining and civil contractor Brierty after a series of financial and operational setbacks, and will be replaced by the company’s chief operating officer.
Gold production and cash costs have both outperformed financial year guidance for Regis Resources, with shares in the company enjoying solid gains today.
Gold and copper producer Oz Minerals says it is on track to achieve its full-year production guidance, despite an unscheduled plant closure and bad weather during the June quarter.
Energy giant Santos has reaffirmed its full-year production and sales guidance after posting an eight per cent rise in quarterly production and a 25 per cent jump in sales volume.
The Australian share market has opened lower after Wall Street eased overnight on disappointing company earning results and the European Central Bank's decision to hold fire on stimulus.
Gold has rebounded above a three-week low and has risen per cent, as the US dollar fell and the key stock indexes hovered below record highs after the European Central Bank left key interest rates unchanged.
Wall Street has cooled off as disappointing quarterly reports from tech stalwart Intel and from transportation companies stalled momentum in a US corporate earnings season that has been better than feared.
Gina Rinehart’s family company, Hancock Prospecting, has announced the purchase of two cattle stations in northern Australia, continuing the investment in agriculture by magnates such as Andrew For
Laing O’Rourke had a pyrrhic victory in the Court of Appeal today, when it managed to overturn a previous adverse ruling but it appears the construction contractor still won't be getting the $45 million it was awarded by an adjudicator in 2015.
Indian sandalwood producer TFS Corporation has refinanced $US200 million of debt through a note issue overnight in the US, while also raising extra funds for working capital.
The competition watchdog has waved through a $9 billion takeover of rail and ports giant Asciano, and approved Metcash's bid for Woolworths' Home Timber and Hardware business.
Debt-laden uranium miner Paladin Energy has struck agreements to sell an interest in two of its projects, with total proceeds expected to be $US205 million ($A275 million).
The depreciation of the British pound following the UK's decision to leave the European Union could hurt demand for imported wine, including from Australia.
A rebound in iron ore prices has helped Mount Gibson Iron hit its full-year sales guidance, with the junior iron ore miner reporting ore sales volume of 5 million tonnes.
South 32 says it's met its annual production guidance for most of its commodities despite cutting production during the year, and is on course to achieve its FY17 unit cost guidance.
Woodside Petroleum's second quarter sales revenue and production have fallen due to lower oil prices and an earlier refurbishment at its North West Shelf gas facility.
Papua New Guinea-focused Oil Search has backed down from a bidding war with global energy giant ExxonMobil, choosing not to raise its near $3 billion bid for New York-listed explorer InterOil.
Gold has fallen to its lowest level in three weeks as equities rose and the US dollar hit a four-month high following strong US economic data, which raised expectations the Federal Reserve may raise interest rates before the end of the year.
Oil prices have risen as much as one per cent, lifting US crude from two-month lows, after the US government reported a ninth straight week of crude inventory draws, easing some concerns in a market worried about a glut.
Super fix comes at costThe Turnbull government’s plans to dilute its most controversial superannuation proposal by allowing exemptions for ‘‘life events’’ could cost the b
A new dining and entertainment precinct will open late next year in the northern suburbs, featuring up to 10 new restaurants and an eight-screen cinema complex.
An investment group led by Sydney-based Duncan Saville is set to gain control of Homeloans, after the Perth-founded mortgage lender struck a takeover deal with competitor RESIMAC.
The Australian share market has closed higher after Tuesday's release of the minutes of the Reserve Bank of Australia's last board meeting boosted investors' expectations of an interest rate cut in August.
Below-guidance costs at Northern Star Resources have helped the gold miner increase free cash flow by 21 per cent, according to its quarterly activities report released today.
