Perth home sales are down 5 per cent on the same time last year with investors and first home buyers showing weaker interest, according to new data from the Real Estate Institute of WA.
Oil and gas explorer New Standard Energy has sought to assure shareholders it is committed to its projects in Western Australia after deferring all of its Canning and Carnarvon Basin drilling activity until 2015.
Perth company director Ian Middlemas has presided over another lucrative takeover deal, after the board of Africa-focused Papillon Resources agreed to a $615 million all-scrip takeover by Canadian major B2Gold.
International engineering contractor Bechtel is seeking to diversify its local business by securing work on sustaining capital projects in the mining sector.
Westfield Retail Trust (WRT) has warned its shareholders will be worse off if they reject a controversial merger plan with Westfield Group's Australian assets.
Wall Street stocks have retreated from Monday's records as investors looked ahead to Thursday's European Central Bank meeting and Friday's monthly US jobs report.
Westfield Retail Trust is in court to seek approval to conclude an investor vote on a controversial proposed merger with the Australasian business of Westfield Group.
BHP Billiton has confirmed it is reviewing its iron ore operations, after it was revealed last week job cuts were likely following a review at its Worsley Alumina operations south of Perth.
The Australian share market has closed lower as weaker than expected retail figures and uninspiring commentary from the Reserve Bank of Australia weighed on investor sentiment.
The state’s rural confidence is at its highest level in over two years after a rainy autumn has found 84 per cent of farmers expecting this year to be better or as good as last year's season.
Perth-based stockbroker Euroz has appointed former MLC chief executive Steve Tucker to head up a new funds management subsidiary as the company eyes opportunities in the listed investment company sector.
Perth home values have gone backwards over the year to date despite growth in all other capital cities, according to the latest RP Data-Rismark home value index.
Origin Energy says it had to act after agreeing to fork out up to $US800 million ($A865.57 million) for a stake in a new gas project off the Western Australian coast.
Oil prices have finished lower on mixed economic data and signs of higher crude output from members of the Organisation of Petroleum Exporting Countries (OPEC).