Latest Headlines

The state government has completed the first in a series of planned asset sales, announcing that it has concluded negotiations with an industry consortium to purchase the Perth Market Authority’s Market City.

Two weeks after Elizabeth Quay was opened to the public, construction trucks are coming back to Barrack Square, with work to begin on SKS Group’s DoubleTree by Hilton hotel next month.

Two of Perth’s largest architecture and design firms, Hames Sharley and Cameron Chisholm Nicol, have expanded by recruiting the founders and staff of two smaller Perth practices.

Potash explorer Elemental Minerals has received a $123.1 million cash takeover offer from a Hong Kong investment group, but the company was quick to list a number of reasons why the proposal wouldn’t succeed.

Treasurer Mike Nahan will not contest the deputy leadership of the state Liberal party, paving the way for Police Minister Liza Harvey, who is likely to be voted in unopposed.

Perth-based Automotive Holdings Group has appointed former Qantas senior executive Stephen Cleary chief executive of the company’s logistics business.

Reserve Bank of Australia governor Glenn Stevens painted a mildly positive picture of the nation when he fronted a House of Representatives economics committee hearing today, saying the economy is growing at a modest pace despite the challenges of falling terms of trade and a wind-down in mining sector investment.

Energy giant Woodside Petroleum's decision to search for gas off the coast of Myanmar has proved fruitful so far, with the company announcing its second discovery this year.

Tailored virtual reality (VR) simulations for training or academic courses. The trainee or student can experience situations that would be impractical to achieve otherwise in a classroom environment.

WorleyParsons has denied a media report that it is considering an equity raising to offset rising debt levels.

The Australian share market has opened lower dragged down by financial stocks, following falls across international markets.

Bank shares have dragged Wall Street lower on concerns the slowing global economy will continue to pressure interest rates, while energy shares helped pare losses late in the session.

Telstra wants rewards for long-term investors

The Australian dollar is flat on mixed commodity prices, despite the greenback falling amid intensifying global market turmoil.

Gold has vaulted more than 5 per cent to a one-year high, on track for its biggest daily jump in more than seven years as financial uncertainty, a lower US dollar and tumbling stock prices around the world prompt investors to seek refuge in bullion.

In this podcast Mark Pownall interviews tourism industry legend Laurie O’Meara about his new book Rottnest: Where to from here?

The state government has hit back at a number of claims made by a new power industry lobby group, calling its campaign a scaremongering tactic run by companies seeking to protect their taxpayer-funded incomes.

While proponents laud the benefits in capital recycling from an electricity network sale, there’s evidence it would lead to lower prices for users.

Mining giant Rio Tinto has reported an $US866 million ($A1.2 billion) annual loss, and has responded by cutting its future dividends, operating costs and capital spending, though the long-planned Silvergrass mine in the Pilbara is shaping up as one of the company's few big projects to proceed.

The Australian share market has clawed back some of its recent losses, ending the session 1 per cent higher as investors flocked to defensive stocks after a mixed bag of company earnings results.

Property developer Mirvac Group has lifted half-year profit 69 per cent, helped by revaluation gains in its portfolio, but expects conditions to remain challenging in Western Australia into FY18.

More than 140 local health and medical research institutions are set to benefit from an $8 million grant provided by the state government.

Virgin Australia is flying high on the back of 12-year low oil prices and higher domestic airfares.

Engaging, inspiring storytelling remains a powerful communication tool, even more so in the digital age.

Highly indebted mining companies with limited cash flow need to make brave decisions as they face a protracted period of low commodities prices, Deloitte says.

Monadelphous Group and AnaeCo’s long-delayed waste treatment plant in Shenton Park has finally been given a completion date, with a short list of tasks to be finished by mid-April.

Gold Road Resources has appointed GR Engineering Services to undertake a lead engineering role in a feasibility study for its Gruyere gold project near Laverton.

The state government has officially commissioned the $140 million Eastern Goldfields Pipeline, which will support the ongoing development of mining projects in the region and benefit operators of existing mines due to reduced costs

Troubled streaming service Quickflix is trying to restructure shares in the company held by rival Stan and, it says, are blocking new investment.

The Australian share market has opened slightly higher after calming comments from US Federal Reserve chair Janet Yellen.

New stadium financials under wraps

The S&P 500 has ended flat, losing gains late in the session as investors digested comments by Federal Reserve Chair Janet Yellen, who kept options open for more rate rises but also saw risks to the US economy.