Energy and resources companies can expect the pain to subside in the coming financial year, according to IBISWorld’s latest analysis of the industry, with oil and gas players in the best shape.
Two telco companies that provide roaming services have begun their first day of trading on the ASX today, with Norwood Systems making solid gains while Flexiroam closed flat.
A Subiaco-based piping company led by businessman Andrew Haythorpe has announced plans to buy a New Zealand tech company, in a backdoor listing worth about $5.5 million.
The Reserve Bank of Australia will keep a close watch on the economy in the coming months to assess whether more interest rate cuts are needed, as economic growth and business investment remain sluggish.
Perth-based IT firm Empired has won a contract to provide managed services to a Singapore-headquartered oil and gas company, in a deal worth $15 million.
Billionaire Warren Buffett's Berkshire Hathaway is buying a $500 million stake in Insurance Australia Group after the two companies entered into a 10-year partnership.
The Australian dollar is higher, supported by a small rise in gold prices, and as the greenback weakened following the release of disappointing US economic data.
US stocks have dropped as worry about a Greek debt default more than offset a positive reaction to big deals in the pharmaceuticals and homebuilder sectors.
Heralded streetwear retailer Culture Kings is opening a Perth store, signing a lease to take up space in the Hay Street Mall, in a deal brokered by Colliers International.
The number of small business operators in Western Australia has risen by 5.8 per cent over the year to February, well ahead of the national average of 1.4 per cent, the Bankwest Business Trends rep
A Perth startup raising funds for charity by piggybacking on shopping purchases made online is well on its way to making ‘giving’ cool and simple, according to its founder.
THE launch this month of independent oil and gas producer Quadrant Energy has underlined the big role private equity investors play in Western Australia, owning more than a dozen major businesses a
Fresh from unveiling a $7.3 million revamp of Broome’s Mangrove Hotel, hotelier Prendiville Group is turning its attention to a redevelopment of the Tradewinds Hotel in Fremantle to keep up with ne
iiNet chairman Michael Smith has welcomed an independent expert's review of TPG Telecom's proposed $1.6 billion takeover of the Subiaco-based internet services provider.
Perth-based company director and accountant Marcus Michael, who worked with multiple mining and exploration companies, passed away last Thursday at the age of 48.
The Australian share market regained most of its losses from early in the session but still closed slightly lower as investors fretted over the continuing Greek debt saga.
Chile-focused copper explorer Hot Chili has received firm commitments for an $8.1 million capital raising to fund ongoing work on its Productora project.
Many of Perth’s top executives are short of their fundraising targets just three days before the year's major homelessness fundraiser, the CEO Sleepout.
Arrium will investigate selling its iron ore and steel businesses to try and fix its balance sheet, as the debt-laden group announced new impairments that take this year's total to $1.6 billion.
Grocery wholesaler Metcash will sell its automotive business to Burson Group for $275 million and cut food and grocery prices, as it struggles to compete with the major supermarkets.
Foxtel will take a 15 per cent stake in Network Ten after the two broadcasters signed a long awaited deal to bolster the third-placed free to air TV network.
State-owned electricity provider Synergy has declared itself to be at the ‘leading edge’ of energy management and storage technologies, after selecting a Perth contractor for a trial electricity battery storage project in Perth’s north.
