A union official sent sham invoices for thousands of dollars to a construction firm for work that was never done, the first day of a royal commission into union corruption has heard.
Tugboat workers at Port Hedland are threatening to strike for up to a week, bringing iron ore exports at Australia's largest shipping hub to a standstill.
Australia has been identified as the world's most expensive major economy, with the cost of living in Sydney and Melbourne now greater than in Tokyo, London and New York City.
SPECIAL REPORT: Concerns have been raised over the sustainability of Perth’s apartment construction boom, with prominent industry players suggesting Rivervale in particular is in danger of oversupply.
Western Australia’s top building industry lobby group has given a lukewarm response to the capital works commitment in last week’s state budget, saying the reduction in spending will only create mo
Biotech company Admedus has completed an oversubscribed $8 million share placement as it looks to push marketing for its CardioCel regenerative tissue product in Europe and the US.
Perth-based private company QCG Resources has announced plans to raise up to $60 million in an initial public offering to fund its purchase of the mothballed Avebury nickel mine in Tasmania.
Perth-based oil and gas services company Coretrack has signed a deal to acquire unlisted fraccing technology developer Ecopropp in an all-scrip transaction worth about $17 million.
Rail operator Aurizon is looking to abolish workplace agreements that ban it from forcing staff into redundancies, as the company moves to cut another 480 jobs from its workforce.
Nextgen Group has signed a deal with oil and gas giants Shell and Inpex under which the communications company will build a fibre optic cable to service operators in the state’s north-west.
The Dow has closed at a fresh record high as US stocks rallied, with investors shrugging off mixed earnings reports and uncertainty over the Russia-Ukraine crisis.
The Fremantle Dockers are closer to securing new training facilities in Cockburn with $10 million allocated in yesterday's budget but a pitch for funds by crosstown rivals the West Coast Eagles proved less successful.
In this week's edition of Business News Background, head of content Mark Pownall and news editor Mark Beyer discuss the state budget and its implications for business, plus the upcoming federal budget, Aquila Resources and Esperance Port.
Mineral sands explorer Sheffield Resources has raised $11.5 million through a share placement as it works towards completion of a pre-feasibility study at its Thunderbird project.
Beverage importer Phoenix Beers has added Scottish brewery BrewDog to its growing stable of international craft beers, signing an agreement to distribute about 1,000 cartons per month of the highly
Former Australian cricketing great Adam Gilchrist has stepped down from the board of sandalwood producer TFS Corporation, citing increasing media commitments.
Gross domestic product growth will stay below three per cent in the second half of this year and won't get too far above that in 2015, the latest forecasts from the RBA show.
A six-storey apartment complex in South Hedland is on track to be built within eight days, 20 per cent faster than originally estimated by modular builders Hickory Group.
Treasurer Mike Nahan says the government could generate proceeds of up to $3 billion through the sale of several assets earmarked in the budget as candidates for privatisation.
Red Mountain Mining expects to complete by the end of the year a definitive feasibility study at its Batangas gold project in the Philippines after appointing Como Engineers to undertake the initiative.
