Latest Headlines

A businessman who defrauded a bio-pharmaceutical company of $394,000 has today been handed an immediate jail term of four years.

An independent expert’s report has found private equity group Auctus Chillagoe’s takeover bid for Mungana Goldmines to be both unfair and unreasonable, saying the 13.5 cents a share price was opportunistic and undervalued the business.

Buy wines direct from 60-plus of Western Australia’s leading boutique wine producers as well as explore the state’s best wine tourism experiences with regional profiles, winery profiles, user-driven winery reviews and winery rankings.

The Australian share market has opened significantly higher, despite a weak lead from Wall Street overnight.

Gold prices have inched higher after hitting a two and a half week low on Thursday as the US dollar and global shares fell amid uncertainty about Greece staying in the euro zone.

The release of weaker than expected Australian business investment data has pushed the local currency to a six week low.

Wall Street stocks have dipped, following leading eurozone equity markets lower on worries about a potential Greek exit from the currency bloc.

Oil prices have risen modestly after a mixed US petroleum report showed declines in crude and petrol inventories that were larger than expected and a rise in crude production.

A top WA economic commentator can’t see a way back to AAA any time soon.

An expanded Independence Group would hope to eventually enter the ASX100, chief executive Peter Bradford told a Western Australian Mining Club lunch yesterday.

The Australian share market has closed lower after the release of worse than expected capital expenditure figures.

Japanese miner Sumitomo Metal Mining Oceania has formally acquired a 30 per cent stake in Gold Road Resources’ South Yamarna joint venture project.

The AIMS Financial Group has agreed to buy troubled stockbroker BBY and intends to operate the firm as a standalone entity.

Property Exchange Australia has launched its new electronic conveyancing platform in Western Australia, which aims to modernise paper-based transfers with its online model.

If you’re wondering why the outlook for iron ore remains grim despite last night’s price rise to a three-month high of $US63.10 a tonne, it is partly because Western Australia’s iron ore miners have a new competitor – themselves.

Perth-based Magnolia Resources has engaged two brokers to undertake a $5 million capital raising as part of its reverse takeover of Canadian e-commerce company PDT Technologies.

Mining magnate Gina Rinehart has retained her place as Australia's wealthiest person in the BRW rich list, but her wealth will take a hit of up to $5 billion after her eldest daughter was awarded control of a family trust following a long-running legal battle.

A 270 kilometre-long gas pipeline connecting Fortescue Metals Group’s Solomon hub operations to the Dampier natural gas pipeline was officially opened today.

New Zealand miner Newmont Wailhi Gold has ended its contract with Macmahon Holdings almost a year early, following a slip on one of the walls of its Martha open pit, which has delayed production.

Woolworths has signed up Telstra to help the retail giant offer mobile services direct to its customers.

Local IT firm Empired has won a $20 million contract to provide application managed services to mining giant Rio Tinto under a five-year term.

Helping small business is turning into a bigger business for a handful of service providers selected to run the state government’s SME advisory network, which is about to go through a large and, in places, contentious restructure.

The Australian share market is slightly higher following strong gains on Wall Street overnight.

Gold prices were steady after initially falling to a two-week low as the US dollar retreated from a one-month high.

The Australian dollar has continued its slide against the greenback, which moved higher overnight as markets focused on Greek debt negotiations.

All the action was south of the river last week as overall sales jumped up 7% across Perth.

The Nasdaq has bolted to a fresh record peak in a broad-based Wall Street rally that largely reversed sharp losses in the prior session.

World oil prices have finished lower in choppy trade as the strong dollar weighed and a potential rise in Iraq exports heightened global oversupply worries.

The $130 million restoration of Fremantle’s historic Dalgety Wool Stores into luxury warehouse apartments is expected to begin shortly, with developers Match and Sirona Capital passing their 70 per

The Australian share market has closed lower in a broad sell-off after rising in the past four sessions.

Troubled iron ore miner Atlas Iron is facing a hit of up to $160 million to its bottom line after a drop in the value of some of its mining assets.

Subiaco-based telecommunications firm ZipTel has signed cricket legend Brett Lee as its global brand ambassador as it plans to roll out its flagship mobile application.