US stocks dropped and the Dow Jones industrial average suffered its worst day since February as feeble quarterly reports from Walt Disney, Macy's and Fossil undermined confidence across the consumer sector.
Treasurer Mike Nahan has poured cold water on a report that argued Western Power was a major cash spinner for the government, saying the corporation paid a net dividend of less than $30 million to the state last year.
The Department of Sport and Recreation and the organising bodies for several leading water sports have formed an Aquatics Strategic Steering Group to oversee a review into the state of the sector a
The gap between the state’s minimum wage and the national floor should be reduced to prevent putting low-paid workers at risk of job losses, according to the Chamber of Commerce and Industry of WA’s submission to the upcoming state wage case.
More than 800 Western Australian real estate agents have signed up to join followit, an app designed to bring a social media-style interface to property advertising.
Subiaco-based Paynes Find Gold is seeking to become a lithium miner through the reverse takeover and backdoor listing of a European mining company backed by local businessman Tony Sage.
BHP Billiton boss Andrew Mackenzie is confident that the resources behemoth can boost its value by more than 70 per cent, even without a significant recovery in commodity prices.
Australian energy company AWE has knocked back a $421.4 million takeover bid from a private equity firm, labelling the offer opportunistic and below fair value.
Aspermont has announced plans to raise up to $10 million by offering shares to investors and converting debt, as it seeks to shore up its balance sheet.
Gold has closed slightly higher after earlier falling to a near two-week low, after its steepest loss since March in the prior session, as a firm US dollar and higher equities curb appetite for the precious metal.
Western Australia’s eighth biggest winemaker, 3 Oceans Wine Company, has laid-off non-essential staff as it reconsiders its strategic direction in the face of falling demand from its key market in China.
Preparations are being made for international fashion giant H&M to open its long-anticipated second store in Perth, while the Plaza Arcade is in line for a $6 million revamp to make room for another flagship global tenant.
Plans for another apartment tower of more than 50 storeys in the Perth CBD have emerged, with Singaporean developer Fragrance Group’s $200 million Milligan Street proposal to vie for the title of Perth’s tallest residential building.
Perth Lord Mayor Lisa Scaffidi could face proceedings in the State Administrative Tribunal after a report tabled in parliament alleged that she failed to declare travel and gifts up to 45 times over seven years.
A Leederville-based company that makes camera and lighting accessories for cyclists is seeking an ASX listing through the reverse takeover of Voyager Global Group.
