The Perth Market Authority's Market City is set to be the first major transaction in the state government’s asset recycling program, as expressions of interest in the fruit and vegetable wholesaler closed with a number of potential bidders.
Infrastructure Australia has released its preliminary assessment of the Perth Freight Link, which concludes the project will deliver net economic benefits but also raises questions about its cost.
The state government is seeking to extend the weekend, with new legislation to allow Western Australian pubs, taverns and small bars to trade until midnight on Sundays introduced in parliament toda
Perth has been ranked the eighth most liveable city in the world, but only the fourth most liveable in Australia, behind Melbourne, Adelaide and Sydney.
Marine services business MMA Offshore is predicting a tough year ahead after posting a net loss of $51.3 million for the 2015 financial year, on the back of a $125 million impairment flagged last month.
Monadelphous Group says it will be looking to reduce costs to weather the current market conditions, with the company announcing a 23.6 per cent slide in net profit for the 2015 financial year, to $105.8 million.
ASG Group’s share price slumped today after the IT services company reported weaker-than-expected annual results along with bonus payments to its top executives.
Sirius Resources has sold off all of the nickel and copper it plans to produce out of its Nova mine in the first three years, after signing an offtake agreement with Glencore today.
Shares in VDM Group were up 125 per cent on news it had attracted a new cornerstone investor for an $18 million capital raising, highlighting the company’s planned shift from construction to mining.
Naracoota Resources has announced plans to exit mining and enter the tech sphere through the reverse takeover of a health informatics company backed by Perth technology entrepreneur Nathan Buzza, in a deal worth $12.4 million.
National rail and freight operator Asciano has agreed to a $12 billion takeover by Canada's Brookfield Infrastructure Partners, which is planning to seek a listing on the ASX.
Gains by Disney, Apple and some other large equities have helped lift US stocks into positive territory ahead of earnings from Wal-Mart Stores and Federal Reserve meeting minutes.
Mining giant Rio Tinto appears to have put the kibosh on speculation it will anchor a major new commercial office tower at Elizabeth Quay, extending its lease at Central Park until 2030.
The Australian dollar is slightly lower, while putting in an improved performance after last week's losses on the back of China's currency devaluations.
Gold has firmed, building on its biggest weekly rise in three months, buoyed by weaker-than-expected US data and lingering uncertainty over the implications of China's yuan devaluation.
Accounting firm KPMG has followed rivals EY and PwC into the real estate arena, setting up a property advisory division to service its existing clients and provide advice to other corporates and go
Digital medicine developer ResApp Health has announced its second clinical trial program in Perth as it seeks to accelerate the testing of its smartphone-based diagnosis of respiratory disease.
