Western Australia has experienced the nation’s highest rate of births, but the second biggest percentage fall in overseas migrants, taking the state’s total population to about 2,587,000.
Balcatta-based drilling services company Imdex has lined up a new debt funding deal after cancelling a $21.5 million placement just hours before today’s shareholders meeting.
A joint venture between Civmec and Sedgman has won a $145 million engineering, procurement, construction and commissioning contract at BHP Billiton’s Jimblebar iron ore mine in the Pilbara.
Building materials manufacturer Brickworks has disclosed that intense competition in the local market meant Western Australia was the only state where it was unable to lift prices for bricks during the past year.
The state government has announced a better-than-expected result in its annual report on state finances for 2014-15, but Treasurer Mike Nahan says Western Australia has a long way to go before it returns to surplus.
Transerv Energy shares were up 23.5 per cent this morning after promising results from its Warro-5ST well, which showed deeper gas than had previously been found in the Warro onshore tight gas field.
Santos shares have gained ground after the oil and gas producer said it had started production at its flagship GLNG liquefied natural gas project in Queensland.
Platinum has fallen to a six-and-a-half-year low, on fears about reduced demand from the auto sector, where it is used in diesel catalysts to clean up exhaust emissions, while palladium, used in petrol vehicles, surged seven per cent.
Oil prices have fallen, reversing earlier gains, as a modest rise in US output overshadowed a hefty drop in crude inventories in the world's top consumer.
US stocks have finished lower with petroleum-linked equities especially weak following a report showing the feeblest Chinese factory activity in more than six years.
BGC has returned to its traditional position as Australia’s largest home builder, with the latest data from the Housing Industry Association showing six Perth-based builders among Australia’s top 20.
The share market has slumped 2 per cent to hit its lowest level in more than two years, as a fall in Chinese manufacturing activity stokes concerns about the global economy.
The state government has invited the public to have a say on red tape reform through its #ShredTheRed campaign, while highlighting a number of efficiency improvements in the transport sector.
Kerry Stokes’ private company and three property investors are among five bidders shortlisted for the privatisation of Perth's major fruit and vegetable market, which includes the largest land development site in Canning Vale.
Lisa Scaffidi has set out her plans for Perth at a Business News event as she campaigned for a third term as lord mayor, in a race against one of her own councillors, Reece Harley.
Quadrant Energy will pay $10 million to withdraw from a joint venture with Buru Energy and Mitsubishi Corporation, which together own oil and gas exploration permits in the Canning Basin.
The Australian share market has opened more than one per cent lower following a negative lead from overseas and the ripple effect from the Volkswagen emissions scandal.
Perth-based AFL fans have snapped up 10,000 corporate hospitality tickets for the upcoming grand final, even though the West Coast Eagles and Fremantle are not guaranteed to qualify.
