A sharp fall in the US dollar on improved eurozone economic data sent New York oil prices to fresh 2015 highs, even as officials at OPEC defended their generous output strategy.
The AICC (WA) believes WA needs to explore innovation and invention in order to remain globally competitive. Here are five ideas to get the conversation started.
Sitech WA has announced the acquisition of Versatech Engineering Solutions for an undisclosed sum, adding to its range of specialist equipment for the heavy machinery and construction sector.
A $2.3 MILLION allocation last week to charity from funds confiscated by police highlights the good that can come from freezing proceeds of crime valued at $158 million during the past three years.
The Fair Work Commission has announced a 2.5 per cent increase to the national minimum wage to start from July 1, prompting fears it could worsen an already tough job market.
DBP Transmission, the owner and operator of the Dampier natural gas pipeline, has signed up for a $245 million, seven-year debt facility with a Japanese bank.
Atlas Iron plans to resume production at its Mount Webber mine in the Pilbara in July after negotiating a deal with BGC Contracting that is markedly different to earlier agreements with contractors at its two other mines.
There was no explicit pointer to another interest rate cut by the Reserve Bank of Australia after its policy meeting today, where it announced it would keep the cash rate at an all-time low of 2 per cent.
Startup studio Atomic Sky has named the nine businesses selected for the first edition of the new Fusion Founder startup program, which will be operating in the Tech Hub co-working space in Northbridge.
WA needs more artistic and cultural attractions that are unique to the state, and less bureaucracy, to achieve its potential as a tourism destination, industry players have told Business News.
Given its vast size, selling the state as a holiday destination is a complex business; but energising those who live in WA to tell the story might be the key.
The state’s tourism sector is reaping the rewards of a weaker dollar but more needs to be done to secure the full benefits of holiday spending and lower post-boom prices. Click through to see more on our tourism feature.
Gold was little changed on Monday, giving up gains as the dollar rallied after the precious metal was initially buoyed by an unexpected stall in US consumer spending and comments on interest rates from a Federal Reserve's official.
US stocks rose as a busy week of economic news kicked off with Intel's announcement it will buy rival chipmaker Altera for $US16.7 billion ($A21.95 billion).
Developers are meeting the state government’s goals for high-density residential projects around major transport routes and infrastructure, new research has revealed.
Australia’s largest ever philanthropic donation is bearing fruit, with the first five recipients of the Forrest Foundation research scholarships announced at the University of Western Australia today.
New South Wales has overtaken Western Australia as the favoured destination for Chinese direct investment in Australia, as the near decade-long resources and energy sector boom tails away.
Population growth in Armadale is surpassing expectations, driving rapid residential, commercial and industrial development across the south-eastern suburb.
The number of applications for university places this year has fallen by 25.4 per cent in Western Australia, as a result of the change 12 years ago in the school starting age.
New housing developments in Perth and the state’s regional centres will increase the potential for future outbreaks of mosquito-borne diseases, a leading entomologist says.
