The state government has pressed on with its red tape cuts initiative by removing a cap on fees charged by settlement agents and land valuers, while amending the codes of conduct.
A faltering economy and an increase in the number of people leaving the state compared with arrivals has failed to halt growth in enrolments at both local Catholic and other private schools, and public schools.
The Australian share market has closed nearly 2 per cent higher, posting gains for a third straight session, as a strong rise in oil prices lifted markets worldwide.
Regenerative medicine group Orthocell has topped Techboard’s first startup and tech company ranking for the year, following news it had been granted a US patent for its ‘cell factory’ product.
You probably wouldn’t believe it if someone told you that Perth-based retailing specialist Wesfarmers was bigger than global resources leader BHP Billiton, but that was the situation last week on the Australian Securities Exchange as the company led by Richard Goyder quietly slipped past the global mining giant.
Western Australia’s regional rental market was the weakest performer in the country in the last three months of 2015, with the Pilbara area taking a large share of the blame.
Perth company Subsea Engineering Associates has won a contract to provide its services to the Baltic gas project in the Polish section of the Baltic Sea.
West Perth-based Shaw River Manganese has become the third manganese miner to announce fallout from depressed ore prices, with the company entering voluntary administration this morning.
Gold has fallen as hints of more monetary stimulus from the European Central Bank weighed on the euro and pushed stocks higher, denting appetite for alternative assets.
This week we discuss oil and gas write-downs, City of Perth CEO, hardware, Shenton Park redevelopment, government infrastructure, and we look at how private schools are faring in this economy.
The state government plans to appeal last month’s shock Supreme Court ruling that overturned approval of the Roe 8 highway project, while also announcing it intends to proceed with a new environmental review of the project.
Dick Smith will close every one of its concessions in David Jones department stores next week as the receivers seek a buyer for the ailing electrical retailer.
Up to 380 employees will be made redundant when Perth-based manganese miner Consolidated Minerals puts its Woodie Woodie mine in the Pilbara on care and maintenance next month.
Australia’s big four banks and one insurance company have been ranked within the top 100 most sustainable companies in the world, with Commonwealth Bank of Australia leading the charge for the nation.
Empired shares lost over a third of their value after the IT services provider announced it had been hit with unexpected costs and was facing lower earnings.
Economist and climate change adviser Ross Garnaut has called on the Barnett government to write down the value of coal-fired power stations and other ageing assets, warning that keeping them online threatened its ability to reduce power prices.
Beach Energy and Santos are the latest Australian oil and gas companies to flag big write-downs, with Beach announcing late today it would cut capital spending and make impairment charges of up to $650 million.
Australian stocks have opened up more than a half per cent after a bounce in oil prices and hints by the head of the European Bank of more stimulus measures.
Wall Street has staged a modest rally as oil prices recorded their biggest gain this year and ECB President Mario Draghi raised hopes of more stimulus for Europe.
Gold has fallen after posting its biggest one-day gain in two weeks the day before, as hints of further stimulus from the European Central Bank hurt the euro and a rebound in global stocks curbed risk aversion.