Latest Headlines

Any complacency on behalf of Australia’s banks may be ratcheted down a notch as some concerning practices are investigated.

The Fini name is returning to Perth’s property sector in a big way, with the Fini Group brand being revived for a series of apartment developments across the city.

Medibank Private has hired Craig Drummond, an experienced banker who helped transform National Australia Bank, to run Australia's biggest private health provider.

SPECIAL REPORT: Business News CEO and online entrepreneur, Charlie Gunningham, analyses the social media influence of the political and business elite. 

SPECIAL REPORT: In order to fully understand where political power lies in Western Australia, it’s necessary to recognise the role of low-profile powerbrokers such as Carolyn Smith and Nick Goiran.

SPECIAL REPORT: The number of women serving on company boards is slowly one the rise, but it’s still rare to see a female take the chair, judging by Business News’s analysis of Western Australian company directors.

Swick Mining Services has won two new contracts for work with Independence Group, while the local subsidiary of Queensland firm Hughes Drilling has also picked up more work.

SPECIAL REPORT: There has been a major shift in business influence in WA amid waning international investment and, with two elections on the way, there is a prospect of even bigger changes in political influence. Click through to see our listing of WA's most infliential leaders in politics and business.

Managing the state’s economic transition was the main focus of today’s cabinet reshuffle, Premier Colin Barnett said, with tourism and agriculture in his sights as key growth industries.

OTOC has further grown its presence on the east coast with the acquisition of a Sydney-based land surveying firm for $4 million in cash and shares.

International petroleum giant BP has become the first investor in Sirona Capital’s Northern Gateway industrial estate in Muchea, signing a $15 million deal to take up 2.5 hectares in the developmen

The Australian share market has turned lower, weighed down by the major banks.After initially opening slightly higher, the market did an about turn.

Barnett takes Tourism in shuffle

The Australian dollar has been boosted by greenback weakness following a mixed batch of US data.

Gold has edged up, as the US dollar retreated after weaker-than-expected US data, but has stayed close to a one-month low with investors focused on speeches by Federal Reserve officials that could give more clues on potential interest rate increases.

Wall Street was mixed as weaker-than-expected US economic data reduced concerns about potential interest rate hikes and a dip in oil prices pushed down energy shares.

The state’s two AFL clubs are developing new headquarters and training facilities, focused on connecting with the broader community.

In this Business News podcast Mark Pownall and Mark Beyer discuss LNG, gold, Freo Ports, and who is most influential in WA.

The state government’s privatisation program hit more trouble today, with a mining lobby group that represents the users of the Utah Point wharf condemning a lack of consultation on the proposed sale. It follows a move by the National Party on Tuesday to refer the sale legislation to a parliamentary committee.

Brockman Mining is set to defy the gloom in the iron ore market, announcing plans to develop its Maverick project in the Pilbara, with trucking group QUBE Holdings signed up to transport the ore to port.

Population growth rates have fallen in Western Australia and across the country as a whole, with WA experiencing a sharp drop in overseas migration and a net loss of people through interstate migration.

Swiss multinational ABB Group has won a five-year contract to provide equipment and services for Shell’s Prelude floating LNG project, which will operate in the Browse Basin off the Kimberley coast.

Local explorer Salt Lake Potash has received commitments for an $8.4 million capital raising to fund ongoing work at its Lake Wells sulphate-of-potash project north of Laverton.

The Australian share market has closed around 1 per cent lower as investors consider the timing of the next rise in US interest rates and reposition their portfolios ahead of the Easter break.

This week, Reiwa members reported an increase in weekly sales to 685.

The Federal Court has permanently restrained the marketing and promotion of a Pilbara property scheme involving Perth-based Macro Realty Developments and east coast investment promoter Jamie McIntyre.

Two Western Australian distilleries are making their mark on the world stage, with Hippocampus Metropolitan Distillery and Limeburners both winning international awards this week.

China's largest private gas company, ENN Group, is set to become Santos's biggest shareholder after agreeing to buy an 11.7 per cent stake in the Australian energy giant.

Aigle Royal Developments has added a southern suburbs landholding to its portfolio, purchasing a 15.1-hectare tract of land in Baldivis for $10.3 million.

Former Patersons Securities WA state manager Lewis Fellowes has been charged with using nearly $1.6 million in clients’ money for his personal use, and could be looking at up to 12 years behind bars.

Joondalup Mayor Troy Pickard is pushing for international trade opportunities with China to put Joondalup on the map as a city that can hold its own on the global stage.

The Perth-based subsidiary of Watpac has won a $38 million contract to provide its services to Silver Lake Resources’ Imperial and Majestic gold deposits south of Kalgoorlie.