Ratings agency Moody's has downgraded Western Australia's credit rating to Aa2, reflecting an ongoing deterioration in the state's finances and concern that the government will be unable to meet its own spending targets.
SGIO has dropped plans to rebrand as sgi, forcing AFL club West Coast Eagles to recall merchandise adorned with a new sponsor’s logo and replace it with shirts and guernseys featuring the insurance
A pre-feasibility study has confirmed the viability of Gold Road Resources’ Gruyere gold project near Laverton, with the study predicting a $455 million cost to bring it into production.
SPECIAL REPORT: Amid controversy surrounding Roe 8 and the privatisation of Fremantle Port, a shift to an outer harbour in Cockburn Sound is a question of when, not if, according to proponents.
Claremont-based technology company Structural Monitoring Systems says funds received from a new investor partner will be used to continue growth rather than bumping up overhead costs.
The long-running takeover battle for Australian rail and ports operator Asciano is set to intensify after the consortium led by QUBE Holdings improved on its offer price.
Young Western Australians are spending up to half the year looking for a job, with many blaming a slowdown in the economy and limited training opportunities.
Gold has risen to a three-month high in volatile trade, as a mixed US jobs report prompted investors to reassess the outlook for US interest rates in 2016, putting bullion on track for its strongest weekly performance in more than a year.
This week we discuss the state of the markets, further resources shakeouts, home prices, a new hotel for Perth, office vacancies and we look at ports and transport.
Perth-based regenerative medicine company Avita Medical says it will be able to focus more on its core ReCell technology after completing the sale of its respiratory business for $2.47 million.
The Australian share market finished the trading day slightly lower, as falls in financial and retail stocks were partly offset by gains by the big miners.
Transport and logistics business McAleese Group has flagged an impairment of up to $55 million in its half-year accounts, while remaining quiet on speculation of a recapitalisation plan.
Property developer Diploma Group has been selected to build the new Quest Hotel Midland and the Yanchep Surf Life Saving Club, with the two contracts worth a combined $22 million.
Local vendors of The Big Issue showed prominent Perth business leaders and politicians what it’s like to sell the street magazine today as part of a campaign to increase awareness of the everyday challenges facing the homeless and disadvantaged.
Mining giant BHP Billiton can defend its credit rating by scrapping its controversial progressive dividend policy, ratings agency Standard and Poor's says.
The rollout of Australia's new superfast broadband network NBN is gaining traction as the company in charge of building and operating the service delivers strong results.
The long-running takeover battle for Australian ports and rail operator Asciano will continue after the competition watchdog delayed its decision on the rival bids.
A jump in materials shares have helped US stocks eke out a second straight day of gains, though disappointing forecasts from retailers and anxiety ahead of Friday's jobs report limited the advance.
Gold has risen for a second day, hitting three-month highs as the US dollar continued to ease amid mounting doubts that the US Federal Reserve will raise interest rates in 2016 due to global economic and financial headwinds.
Local explorer Northern Minerals plans to build a test pilot plant at its Browns Range project near Halls Creek at a cost of about $US18 million ($A25 million), rather than proceeding with full-scale development in light of the depressed rare earths market.
The Australian share market has closed around 2 per cent higher in the wake of a strong rise in oil prices and the hope that weak US economic data will slow the pace of interest rate hikes in the US.
Macquarie Group remains on track for a record full-year profit of more than $2 billion, though it says volatile market conditions make forecasting difficult.
