Latest Headlines

A consortium comprising national firms CPB Contractors and Downer has been selected as the preferred contractor for the Yanchep and Thornlie-Cockburn rail projects, with construction expected to commence in May next year, well after the state government's goal of starting this year.

Caltex Australia shares have jumped on plans by the fuels operator to launch a property IPO and float a 49 per cent stake in 250 retail sites.

The Australian share market has moved higher after a positive lead from overseas at the end of last week.

Bid unleashes nickel frenzy

Oil prices fell on Friday, pulling back from two-month highs as concern over US-China trade talks overshadowed expectations of an extension to OPEC+ production cuts.

Gold prices edged lower on Friday as the US dollar and Treasuries strengthened after data showed US manufacturing output and services activity picked up, limiting demand for the yellow metal.

Not-for-profit group Communicare Inc has announced the acquisition of White Ribbon Australia, following negotiations with liquidators Worrells Solvency and Forensic Accountants.

This month’s edition of Office Hours focuses on property opportunities in WA's education sector, featuring interviews with Study Perth's Philip Payne and Curtin University's Tim Urquhart.

The Australian share market has closed higher for the first time since Tuesday, despite Westpac dragging the financial sector down.

Mining company Gold Fields and energy producer EDL have completed the first stage of a renewable energy project that will eventually see wind and solar deliver half the power needs of the Agnew gold mine.

Fleetwood Corporation subsidiary Modular Building Systems and national construction company Hansen Yuncken have been awarded a contract with the New South Wales government.

West Perth-based APM has been forced to lift its takeover bid for ASX-listed Konekt for a second time, increasing its offer price from 64 cents to 70 cents per share, to match a second higher offer from competing bidder Maximus.

PODCAST: Mark Beyer and Mark Pownall discuss the Super Pit sale, three hotel openings, infrastructure funding, Scarborough LNG agreement, mining and renewable energy developments, new apartment projects in South Perth and Claremont, agribusiness, and our special report on disability employment.

Poseidon Nickel has made two key additions to its board and management team as it moves closer towards the restart of its flagship Black Swan operation near Kalgoorlie.

Curtin University has officially opened its Midland campus, part of the Metropolitan Redevelopment Authority’s plan to reposition the former railway workshops as a medical and education hub.

Panoramic Resources and Independence Group have entered into a confidentiality deed which allows IGO to conduct due diligence on Panoramic and its Savannah nickel mine, in relation to an off-market takeover offer launched earlier this month.

Metcash shares have dropped more than 10 per cent to a four-month low after 7-Eleven chose not to renew its contract with the wholesale food and beverage supplier when it expires in August.

OPINION: The ABC’s decision to drop radio coverage of the Olympics suggests the Aussie-made version is winning against global competition.

One in three Australians were losing out on $6 billion a year in super, a parliamentary inquiry has been told.

WeWork is laying off about 2,400 employees, almost 20 per cent of its workforce, as the office-sharing company seeks to drastically cut costs after it transformed from a Wall Street darling into a pariah in a matter of weeks.

The Australian share market has moved higher despite a negative lead from Wall Street and another fall from Westpac.

McGowan resists push to spend as debt pile shrinks

Oil prices rose more than 2.0 per cent overnight to the highest in nearly two months following a Reuters report that OPEC and its allies are likely to extend output cuts until mid-2020 and fresh signs that China had invited US trade negotiators for a new round of talks.

Gold prices eased overnight as a report that Chinese officials had invited top US negotiators for a new round of talks rekindled some hopes regarding the US-China trade deal but mixed signals on the progress of talks limited bullion's losses.

US-focused Winchester Energy has received commitments to raise $6.4 million through a share placement to fast-track oil exploration and production activities at its Permian Basin project in Texas.

The Australian share market slumped for a second day, with losses across the board as passage of a US-China trade deal appears less and less likely anytime soon.

Perth-based Veris has sold its advisory service arm Elton Consulting to global engineering group WSP for $13 million, in a bid to retire debt and strengthen the company's cash position.

Vango Mining has entered a non-binding agreement with China-based Nonferrous Metal Industry’s Foreign Engineering and Construction (NFC) to provide $70 million for its Marymia project in the Mid-West region.

Spacecubed hosted the first ever Perth Podcast Week last month featuring more than 10 workshops, talks and networking events.

The state government is making a major push for more medium-density housing, but market conditions and community sentiment loom as major hurdles for developers.

Perth-based Mincor Resources has received commitments to raise $30 million through a placement, backed by major shareholders Andrew Forrest and Independence Group, and is looking to raise a further $5 million through a share purchase plan.

A Perth financial adviser who worked for two prominent firms including Godfrey Pembroke has been banned from providing services for four years.