In this Business News podcast Mark Pownall and Mark Beyer discuss Interest rates, the dollar, federal and state budgets, listings and capital raisings, and mining projects.
The share market has made a late surge to end the week with a modest gain, with industrial and retail stocks driving the turnaround from an early fall.
Billionaire Gina Rinehart has appointed a new executive director and a new chief executive at Hancock Prospecting and foreshadowed plans to recruit additional senior executives to run its commercial and agribusiness operations.
Apartment towers are getting taller, but one of the city’s leading architecture firms says an authentic mix of uses is the next step in the maturation of Perth.
WA business leaders have bemoaned the state government’s failure to plan for life beyond the mining construction boom, but still see opportunities in other sectors.
Perth's tourism sector is expected to receive a boost from the Ritz-Carlton & The Towers proposal at Elizabeth Quay, with national construction contractor Probuild confirming it has been appointed to undertake the project.
BHP Billiton shares have stemmed their slide after Brazil's federal court ratified a settlement reached with the country's authorities over a deadly dam spill.
Junior explorers Coventry Resources, Metals of Africa and Consolidated Zinc have tapped investors to raise a combined $13.7 million to fund ongoing development of their respective projects.
PHOTO ESSAY: With our special report into Universities in next week’s paper, Business News has taken the opportunity to speak to some recent and soon to be university graduates about what looms ahead as they make the big transition into the workforce.
Decmil Group has lowered its revenue guidance after announcing a number of one-off costs relating to the closure of one of its local business divisions, coupled with delays to a project and further restructuring, as it seeks to direct its business away from the resources sector.
Gold turned lower on Thursday, dropping for the fourth straight session on pressure from the firm U.S. dollar ahead of Friday's U.S. payrolls report, which will give clues about whether the Federal Reserve will soon raise interest rates.
Home ownership and interest rates provide solid point-scoring opportunities for politicians, but the whole narrative is increasingly out of touch with the reality of many working families in Australia.
One part of the Dick Smith business has been snapped up by an entity affiliated with Harvey Norman, although employees will still need to wait for a liquidation process to receive overdue entitlements.
Chevron is the latest major resources player in the state to announce a change in leadership, after selecting a successor to current managing director (Australia) Roy Krzywosinski, who will hand over the reins in June.
Perth company director Sharon Warburton has been named as the incoming chair of a soon-to-be-established federal government fund that will have $5 billion to spend on infrastructure in northern Australia.
Perth-based Swick Mining Services has flagged a $3 million net loss for the financial year, as the company works to improve productivity to weather the tough times for mining contractors.
The worst might be over for many of the state’s mining services businesses, as they seek to bounce back from the effects of the slowdown in resources project development.
Developer and funds manager OpenCorp has predicted Perth’s residential property market to turn around in the next 12 to 24 months, with the Melbourne-based company aiming to increase its portfolio in Western Australia after the recent launch of two projects.
This week, Reiwa members reported an increase in weekly sales to 680. The rise in overall sales by 37 per cent over the week is attributed to a 34 per cent increase in sales for houses, 56 per cent for units and 37 per cent for land.
