Perth companies Valmec and Northern Minerals have struck agreements to raise up to a combined $8.2 million through the issue of convertible securities.
Businesses are benefiting from the "Turnbull effect" but that won't necessarily stand in the way of an interest rate cut when the Reserve Bank of Australia holds its Melbourne Cup day board meeting.
Balcatta-based Orbital Corporation has sold its stake in engine management systems supplier Synerject to partner Continental Automotive Systems for $US17.8 million ($A24.9 million).
Santos and Quadrant Energy have signed a deal for the sale of the Stag oil project in the Carnarvon Basin to Malaysian company Sona Petroleum for $US50 million ($A70 million).
The state government is at odds with the Commonwealth over plans to shelve the second stage of the $1.7 billion Perth Freight Link, with the federal minister for cities saying today the funding agreement was for both stages of the project, not just stage 1.
SPECIAL REPORT: The potential for mass production of electric cars is among a number of high-technology trends sparking interest in Western Australia’s lithium sector, with a series of companies touting projects to meet a forecast surge in demand.
SPECIAL REPORT: With a mere handful of projects under construction, it’s what is in store for the future that has everyone guessing. Click through to also see our list of WA mining projects.
The Australian share market has opened relatively flat as investors await the Reserve Bank of Australia's decision on interest rates, and key economic data from the United States.
A Perth technology company was the big winner in the latest round of commercialisation grants from the federal government, securing $1 million to accelerate the rollout of a virtual reality product that will be familiar to Star Trek fans.
Gold has fallen to a three-week low, extending two days of losses and heading for its biggest weekly drop since August on the chance the US Federal Reserve may still raise interest rates this year.
Productivity is inextricably linked to place, according to new research from Deloitte, which has urged governments and the business community alike to focus on ‘placemaking’ to help smooth the transition to a knowledge-based economy.
Perth businesspeople are surprisingly prominent on the latest BRW young rich list, with a local apartment developer ranked number three with an estimated fortune of $536 million.
Aspen Group has moved to fend off Discovery Holiday Parks’ attempt to acquire its unlisted holiday and accommodation parks investment fund, and has also rejected a $62 million offer from the would-
Mirvac Group’s long-awaited next stage of apartments on the Burswood Peninsula could be facing further delays, with the developer seeking to extend the date by which it must commence the already approved project until January 2019.
Perth's taxi dispatch market has a new player, with Sydney-based Ingogo recruiting a fleet of drivers and seeking to compete with Swan Taxis, the dominant local force for many years.
Western Australian brewers continue to impress on the national stage, with Feral Brewing Company and The Monk Brewery and Kitchen winning major prizes at the 2015 Craft Beer Awards.