The competition regulator has flagged a fresh review of the $9.05 billion takeover of rail and ports giant Asciano and is examining whether the new cross-ownership deal will lead to any common financial interest among the suitors.
Gold has fallen more than one per cent after US March payrolls data beat expectations, allaying some fears about the US economy and stoking speculation about the timing of likely interest rate rises by the Federal Reserve.
In this Business News podcast Mark Pownall and Mark Beyer discuss the Kailis family and agribusiness, the $A, state cabinet, WA stocks performance and oil & gas.
Energy giant Santos has finalised a new executive team and corporate structure that centralises management in Adelaide, though it has a strong Western Australian flavour as five members of the executive committee have worked in Perth.
Perth median home values rose over the month of March, but are still down 2 per cent on where they were a year ago, according to the latest research from CoreLogic RP Data.
The resignation of Talisman Mining's managing director and the appointment of a new chief executive at Tiger Resources are among the recent board changes at four local junior miners.
Wesfarmers chief executive Richard Goyder has thrown his support behind the state government’s plan to lease Fremantle Ports, saying the state needs a world-class operator to ensure exports are competitive internationally.
Local shipbuilder Austal has received an order from the US Navy for construction of an 11th littoral combat ship, with the deal worth up to $US564 million ($A735 million).
Gold has edged up as the US dollar and stock markets retreated, locking in the metal's biggest quarterly gain in nearly 30 years amid reduced expectations for US interest rate rises.
Southern Cross Care’s plans to create an aged care facility at the old Kaleeya Hospital have potentially hit a stumbling block, with the proposal considered to be against Town of East Fremantle pla
Education provider Navitas has reaffirmed its full-year $163 million earnings guidance after reporting flat overall student enrolment numbers for the first semester of the year.
Competition in Perth’s on-demand transport sector is growing, with a new local player, Shofer, entering the market today to battle disruptive giant Uber and the existing taxi industry.
Alcoa of Australia has agreed to sell its stake in DBP, the owner and operator of the Dampier to Bunbury Natural Gas Pipeline (DBNGP), to DUET Group for $205 million.
Western Areas and Panoramic Resources have announced plans to raise a combined $80.7 million from investors to continue work at their respective nickel operations in Western Australia.