US stocks have ploughed further into positive territory for 2016, helped for a second session by comments from Federal Reserve chair Janet Yellen that eased anxiety about potential interest rate hikes.
Gold has fallen more than one per cent as a rally in higher-risk assets such as equities prompts investors to cash in gains sparked by the Federal Reserve chair's cautious tone on rate rises.
The Kailis family has folded its Kailis Bros seafood business into a larger, newly-capitalised venture called KB Foods that will be 90 per cent owned by Hong Kong-listed conglomerate Legend Holdings. Click through to see the multiple WA businesses owned by members of the Kailis family in WA.
PENALTY rates are a common frustration for many retail and hospitality businesses, but it’s surprising to find they adversely affect even that most transient of enterprises – the food van.
A planning stoush is emerging in the City of Belmont over the proposed closure of Brearley Avenue, with residents, landowners and businesses lobbying the council to reconsider its plans.
The chairman of Frankland River Olive Company looks set to wholly acquire and privatise the business, after Paul Letari increased his shareholding to over 90 per cent.
The share market has retreated from promising early gains to close only marginally higher as investors continued to sell stocks in some of the big banks.
ANALYSIS: It’s not often that hyperbole merges with reality when it comes to resources, but WA’s gold sector has just thrown conventional wisdom out the window.
Perth’s eight cheapest suburbs for property rentals have been revealed, and one of the most affordable is in the western suburbs, according to the latest data from the Real Estate Institute of Western Australia.
Virgin Australia's ownership is under the spotlight after the airline's biggest shareholder, Air New Zealand, flagged a full or partial sale of its 26 per cent stake.
The hotel industry expects up to a quarter of Perth’s hotel rooms to be filled by delegates attending next month’s LNG18 conference, though the number of people attending and the flow-on economic benefits to the state remain unclear.
Gold has jumped nearly 2 per cent after comments from US Federal Reserve chair Janet Yellen indicated the central bank's cautiousness in raising interest rates.
The S&P 500 has closed at its highest in 2016 after Federal Reserve chair Janet Yellen called for caution on raising interest rates - music to Wall Street's ears.
The expansion plans for Perth’s major shopping centres are gaining momentum, with Scentre Group’s Westfield Carousel, Westfield Innaloo and Westfield Whitford City likely to be the first to start work, near the end of 2016.
A privately owned Henderson company is set to commercialise a revolutionary hull cleaning technology that addresses major environmental and cost pressures facing the global shipping industry.
Wesfarmers subsidiary, Kleenheat, has secured 19 per cent of the state’s business market in just its third year of operation, according to general manager Mark Gadsby.
Reduced industry assistance, an efficiency dividend from higher education, and a big reduction in the public sector headcount are among the recommendations in a report by the Committee for Economic Development of Australia released today.