Oil prices have edged higher, after Brent rose above $US70 a barrel, as rhetoric from the United States, Iran and Iraq fanned tensions after a US air strike killed an Iranian military commander.
Australia has edged out Qatar to become the world’s largest exporter of liquefied natural gas (LNG) on an annualised basis, according to national consultancy Energy Quest.
The ASX has bounced back from its early losses to close slightly higher, powered by strong gains by goldminers and oil producers as both commodities moved higher amid tension in the Middle East.
New vehicle sales in Western Australia fell 2 per cent last month and 5.4 per cent during 2019, with national sales crashing to their lowest since 2011.
Contractor Sodexo will exit a loss-making contract running Melaleuca female prison in April, about four years after the facility opened, following a December agreement for the government to take over operations.
The Australian Securities and Investments Commission has banned Wayne Blazejczyk from providing financial services for five years, saying the Perth adviser had failed to meet best interest obligati
House prices in Perth were steady in December, with days on market reducing and listings also falling, while the rental market has continued to exhibit improved conditions for landlords.
About $1.9 billion will be split between the Insurance Commission of Western Australia and other creditors of Bell Group when a settlement deal, signed in December, comes into effect later this year.
NRW Holdings has been awarded works at Fortescue Metals Group’s Eliwana iron ore mine and rail project in the Pilbara under an infrastructure contract valued around $138 million, announced last month.
Tourism Minister Paul Papalia announced a series of marketing campaigns with tourism operators in Germany, Switzerland and the UK in December as part of the state government’s $12 million marketing campaign targeting European tourists.
Construction of Western Australia’s second large scale waste-to-energy project will begin this month near Rockingham after the development consortium reached financial close just before Christmas.
A property developer listed in Singapore has put forward a $290 million proposal to redevelop the Four Points by Sheraton Hotel and build two new towers containing apartments and offices on adjoining blocks.
Copper and most other industrial metals fell as the killing of a top Iranian commander by the United States sent shockwaves through markets, pushing oil prices sharply higher.
Oil prices have jumped to their highest level in more than three months after the United States killed a top Iranian military commander in Iraq, sparking fears that escalating conflict in the region could disrupt global oil supplies.
The Australian share market lost an early lead from Wall Street to make it consecutive days in the red, but still had its best week in three after a strong start to the pre-Christmas week.
As many Western Australians wrap up another year and prepare to head down south for summer holidays, this month’s edition of the Office Hours podcast is perfect listening material for the trip down the Forrest Highway as it highlights the significant property markets across the region.
MG Corporation has signed a memorandum of understanding with Cubbie Farming to investigate the feasibility of growing cotton in the East Kimberley region.
Dacian Gold founder Rohan Williams is stepping down from his role as chief executive and executive chairman, to be replaced by 25-year mining veteran Leigh Junk and non-executive director Ian Cochrane.
Former federal MP Dennis Jensen has been awarded $325,000 in damages by the Supreme Court of Western Australia following the outcome of a defamation case against The Australian for articles it published in 2016.
Max Johnston has been appointed chair of AusCann Group Holdings, succeeding Cheryl Edwardes, who had served in the role on an interim basis since earlier this year.
WA-raised tech startup Humm has raised US$2.6 million (AU$3.7 million) from US-based investors, to further aid in the commercialisation of its wearable Edge headband technology.
Western Australian homebuyers are more in tune with design and surrounding amenity than their eastern states counterparts, with the vast majority of respondents to a recent survey also believing current market conditions are ideal to buy property.
Southern Cross Electrical Engineering has been awarded $100 million in contracts, including works with Talison Lithium, Energy Resources and MARBL Lithium.
CPB Contractors has been selected to deliver key works at Rio Tinto’s Robe Valley projects, including various earthworks, civil works, bridges, pits and water supply infrastructure.
