The Reserve Bank of Australia has put a positive spin on the local jobs outlook, but says another rate cut could be on the cards because of weak inflation.
Troy Hayden will step down from the helm of Tap Oil as the company swings the axe on jobs and operations so it can meet its now-restructured debt repayment obligations.
Another developer in South Perth will be forced to rethink its apartment tower plans following the Supreme Court of Western Australia’s decision last month to send a Mill Point Road apartment proposal back to the drawing board.
Wall Street has closed little changed in light trading as consumer discretionary gains countered losses in energy shares and investors laid low ahead of a US Federal Reserve meeting.
Gold has turned lower and fallen below $US1,240 an ounce, as stock markets and the US dollar gained, and investors squared positions ahead of closely watched policy meetings of US and Japanese central banks this week.
New research by a Perth-based national innovation centre has confirmed significant rainfall and climate changes in the state’s agricultural regions for the past 15 years, and found these conditions will be the new normal.
Local tech company iWebGate has signed a $US8.6 million ($A11.4 million) funding deal with an entity managed by US-based Lind Partners to help grow its business.
CBH Group is planning to launch a full review of its cooperative structure after formally rejecting a proposal from Australian Grains Champion to corporatise and list the business on the ASX.
The challenge to WA Labor leader Mark McGowan looks all but over, after the shadow cabinet expressed unanimous support and called on Stephen Smith to withdraw immediately.
Western Areas founder Terry Streeter has emerged as a major shareholder in nickel and gold explorer St George Mining, after participating in a $2.13 million capital raising.
Matrix Composites & Engineering has sold its engineering workshop in Malaga for $3.25 million, with the proceeds to be used to further reduce the company's debt.
Aurizon has sealed an eight-year extension to an existing coal haulage contract with mining giant BHP Billiton, giving the troubled freight rail operator some respite.
Former senior federal cabinet minister Stephen Smith has identified Western Australia's economic future as a major factor in his audacious bid to wrest leadership of the WA Labor Party from the incumbent, Mark McGowan.
Gold has fallen one per cent, as the US dollar rebounded and oil and world stock markets rose, after bullion extended the prior session's gains to a 13-month high touched in early trade after the European Central Bank's announcement of additional easing.
Former federal minister Stephen Smith declared on Sunday he was prepared to take over the leadership of the state Labor Party, but was roundly criticised by supporters of current leader Mark McGowan.
