Wall Street has surged more than 1 per cent and the Nasdaq has had its strongest day in three months as investors made peace with the possibility the US Federal Reserve might soon raise interest rates.
Rio Tinto executive Greg Lilleyman is leaving the company after 25 years, and will be replaced as group executive technology and innovation by the miner’s current head of exploration.
Trucking and logistics company K&S Corporation expects to make little, if any, profit in the second half of the 2015-16 financial year after being hit by difficult conditions across the country.
The Australian share market has closed lower as investors continue to ponder the possibility of another cut to local interest rates and await the federal election vote on July 2.
Tap Oil says it expects to resolve outstanding disputes with a dissident shareholder after announcing a major restructure that will see the current chairman retire and three new directors join the board.
A Pilbara-focused real estate agency in Victoria Park has had a supervisor appointed to its financial operations and will be wound up under orders from the Department of Consumer Protection.
The Perth office of global law firm Clyde & Co has continued its commitment to local artists with the announcement of a winner in its annual art project.
Murdoch University has partnered with a Perth company which plans to use cannabis as a medicinal product, a day after scientists from the University of Western Australia said cannabis use could damage a person’s DNA.
WA has had nearly $170 billion redistributed to other states by the federal government during the past 10 years, with the GST only one tax with a problem.
Prime Minister Malcolm Turnbull has pledged an extra $60 million to fix mobile phone black spots; boosting the program Tony Abbott announced in the previous election campaign to $220 million.
The Metropolitan Redevelopment Authority has been forced to reassess its development strategy for the remaining lots of the Perth City Link, with a long-term agreement with Mirvac Group terminated today.
Global stock markets have edged lower while short-dated US Treasury yields held near two-month highs as investors weighed the possibility that US interest rates could soon rise.
Gold has dipped to a three-and-a-half-week low as expectations rise that the US Federal Reserve will lift interest rates as early as June, but prices came off their lows as late-day short-covering entered the market.
Labels used to describe our nation’s political tribes are misleading if those considered ‘progressive’ favour the status quo in terms of state-owned utilities and employment conditions.
Junior miners Azure Minerals, Cazaly Resources, Antipa Minerals and First Graphite have raised a combined $25.1 million to fund ongoing work at their respective projects.
SPECIAL REPORT: A specialist indigenous publisher in Broome has achieved its most successful fundraising campaign, after Creative Partnerships Australia helped it secure the backing of two philanthropic family foundations in Perth.
Bill Shorten is trying to woo Perth commuters with a $1 billion pledge for the Metronet urban rail project, which WA Labor says will cost $2.5 billion but the WA Liberals have labelled as pork-barrelling.
SPECIAL REPORT: Wealthy Western Australians have made some eye-popping philanthropic pledges over the years but none as large as one of Gina Rinehart’s recent moves.
SPECIAL REPORT: Activ Foundation and the Royal Flying Doctor Service are Western Australia’s two largest not-for-profit charities, yet they have very different approaches to philanthropy and fundraising.
Israel-based materials company Dotz Nano has joined the wave of tech firms from that country seeking to raise capital in Australia via a listing on the ASX.
