Latest Headlines

Policy reform and government investment is needed to to boost Western Australia’s lagging economy in 2020, with international trade tension undermining the state’s long-term growth prospects.

Lithium Australia’s move into the energy storage market has been backed by New York-based institutional funds manager The Lind Partners, via a $6.3 million funding agreement.

The state government has pledged $96 million to expand Joondalup Health Campus, with Health Minister Roger Cook repudiating assertions the amount falls short of election commitments.

Federal Treasurer Josh Frydenberg is confident his government will be able to keep its election promise of surpluses over the next four years, despite marked downgrades to the outlook in his last budget update.

The Australian share market has opened higher after the announcement of a "phase one" US-China trade deal at the end of last week.

China appetite for ore strong, says Fortescue

Oil rose on Friday to its highest in nearly three months as investors cheered progress in resolving the US-China trade dispute and a decisive general election result in Britain.

Gold prices rose on Friday as investors remained cautious about the developments in the United States and China trade negotiations, while political uncertainties in the world's biggest economy further boosted the metal's safe-haven appeal.

The Australian share market has closed higher, with mining stocks rallying on news that the US would roll back tariffs on China as part of an interim trade deal.

A Perth biotech company founded by Nobel Prize winner Barry Marshall has secured a promise of $1 million in federal funding for the commercialisation of its acoustic belt for gut monitoring.

A senior bureaucrat accused with two others of Western Australia's biggest public sector theft is facing a lengthy prison term after making admissions in relation to more than 500 charges, his lawyer has told a court.

Aged care and mental health service provider Roshana Group of Companies will be assuming ownership and management of the Whealtbelt's Dryandra Residential Care from late February next year, pending approval from the Department of Health.

PODCAST: Mark Beyer and Mark Pownall discuss residential property recovery, Chris Ellison's house plan, biggest employers, St Hilda's management change, mid-tier growth stories, rail car manufacturing, person of the year, and our Great for the State feature on WA's cultural growth.

OPINION: A new US meal-delivery model could make its way to Australia.

An emerging battle for the future of WA’s energy industry and efforts to revive Perth’s street precincts have been among the defining themes of 2019.

The Liberal Party WA’s marginal seat contingent played a big role in the shock May federal election victory, while local ministers, most notably Christian Porter, are key to the government’s agenda.

Gold explorer Nusantara Resources has secured finance to advance a development strategy for its Awak Mas gold project, with an $11 million capital raising backed by one of Indonesia’s leading energy companies.

Talga Resources has raised $3.25 million from an institutional placement, following the announcement of a $6 million raising from an oversubscribed share purchase plan earlier this week.

The Manjimup-bred burgundy apple Bravo is closer to being sold internationally, after businesses in Europe and South Africa signed an MOU to progress plans for its commercialisation.

Chevron and Newcrest have signed a supply deal for 16 petajoules of domestic gas until 2023, while a new analysis of the state’s gas market says the Scarborough and Browse developments are necessary to ensure sufficient supply.

Resolute Mining will undertake a strategic review of its Bibiani gold mine, engaging Cutfield Freeman and Treadstone Resource Partners as advisers in the process.

A quarterly rebalancing of S&P/ASX indices has resulted in South32 being relegated from the top 20 index, and Galaxy Resources being dropped from the top 200 index.

Sydney-based EG Funds Management has returned to Perth’s commercial property market, splashing more than $90 million in the past month on office properties in the CBD and Leederville.

The Australian share market has opened higher after Wall Street gained overnight amid new hopes of a US-Chinese trade truce.

Ten biggest firms pay $23b tax

Oil prices rose more than 1.0 per cent overnight after US President Donald Trump said his country was "very close" to nailing down a trade deal with China.

Gold retreated from a more than one-month peak in a volatile session overnight after US President Donald Trump said his country was close to a trade deal with China, denting the safe-haven metal's appeal.

The corporate regulator is seeking to wind-up an alleged unregistered managed investment scheme run by Mt Hawthorn resident Chris Marco, who received about $240 million from 132 investors.

Sydney-based contractor Interflow has secured a $6 million contract from Water Corporation to refurbish 14 kilometres of wastewater pipes in Western Australia.

The state government awarded 4.77 per cent of its contracts to Aboriginal businesses in the 2018-19 financial year, substantially exceeding its own target, although the contribution of government agencies was highly variable.

The Australian share market closed lower ahead of Sunday's deadline for the US and China to reach an interim deal on trade before higher US tariffs kick in.

P&N Bank and Bendigo and Adelaide Bank are among 27 lenders, including just two of the big four banks, now eligible to offer mortgages under the federal government’s first home loan deposit scheme, aimed at low and middle income earners.