Shares in sandalwood producer TFS Corporation were up nearly 25 per cent today after the company announced an increase in profit, but declared no interim dividend.
Australia Post boss Ahmed Fahour is confident a new two-tier mail system and higher stamp prices will get the organisation back on its feet despite falling letter volumes.
The global LNG market could soon be in sharp oversupply, with Australia contributing about a third of that excess in what will become a buyers’ paradise, an international expert says.
A unique Western Australian project aimed at challenging the perception that philanthropy is the preserve of a wealthy elite has facilitated its first major donation.
Weak sentiment in Perth’s commercial property sector is proving to be a challenge for landlords seeking to sell assets, with sales campaigns for a range of CBD assets shelved in 2016.
City of Perth Surf Life Saving Club is anticipating membership growth of nearly 50 per cent over the next season as it makes itself at home in swish new premises.
Any trade union-backed court challenge to the state government's updated wage policy would result in job losses in the public sector, Treasurer Mike Nahan warned today, as above inflation pay rises would need to be offset through lower staff numbers.
Energy giant Woodside Petroleum has signed a project development agreement with US-based Sempra Energy for a potential liquefied natural gas plant in Texas.
The Australian share market is lower in early trade, as investors remain uncertain amid volatile markets after stocks slid in China but rose on Wall Street overnight.
Wall Street has posted solid gains as higher oil prices reduced fears that banks could be hit by debt defaults and investors saw opportunities after weeks of volatility.
Spot gold has risen, buoyed by a strong technical formation and the potential for a bullish "golden cross" to form, while the futures market pared losses after feeling earlier pressure from the strong equity markets.
Necessity is often the mother of invention in Australian agriculture, which is why the lack of support for renewables from many in the farm sector is perplexing.
Land developer Peet has sharpened its focus on markets in the eastern states, forecasting subdued conditions in Western Australia for the rest of 2016 after lodging a net profit of $18.5 million fo
ANALYSIS: Rubbery figures and projections aside, WA’s iron ore miners are breathing a little easier thanks to improving prices and a favourable exchange rate.
Shares in Decmil Group tumbled 18 per cent today after the contractor posted a big half-year loss, cut its dividend, and indicated more restructuring was needed.
Copper and gold miner Sandfire Resources has reported a near-50 per cent fall in half-year profit, but shareholders will still receive an interim payout.
reiwa.com property sales data for the overall market for the week ending 23 February 2016 totalled 678 which represents a 6 per cent increase in total sales over the week.
After a solid start to the financial year, mining equipment supplier Emeco Holdings has posted a $107.2 million half-year loss as a result of impairments to its Canadian business.
Three months after announcing an option to purchase Western Australia’s eighth-biggest homebuilder, ASX-listed Simonds Group said today it would not proceed with the acquisition of Gemmill Homes.
Two business units of technology retailer Dick Smith could live to see another day, as receivers today announced that the majority of the empire will be shut down after a number of proposals to acquire the company were all deemed unacceptable.
