Latest Headlines

Commonwealth Bank's CommInsure life insurance unit has been charged with 87 counts of unlawfully selling life insurance policies over the phone.

The Australian share market has opened higher, joining Wall Street in recording gains after two sessions of significant losses.

India, Nepal, Pakistan ‘high risk’ for unis

US crude futures were slightly lower overnight, drawing some support from the stock market after earlier touching nearly two-month lows on weak economic data.

Gold jumped more than 1.0 per cent to its highest in a week overnight as weak US data deepened concerns over economic growth and bolstered bets for further interest rate cuts by the Federal Reserve.

The Supreme Court of Western Australia has agreed to delay a creditors meeting of Alita Resources, as its administrators assess more than 11 proposals that could revive the fallen lithium miner.

The Australian share market has dived for a second straight day, losing $49 billion in value amid a rout of global equities.

A WA researcher has been recognised for his research into the long-term complications of a common middle-ear infection in children.

The emissions reduction policy proposed by the Environmental Protection Authority in March was misaligned with the Paris Agreement, would lead to lower abatements for a given cost, and potentially even send emissions overseas, according to Woodside Petroleum.

Trigg Mining has closed trade 30 per cent lower than its initial public offering valuation, as the sulphate of potash explorer finally debuted on the ASX following several delays.

Cardinal Resources has raised $17.6 million through the exercise of listed options, while Black Cat Syndicate and Azure Minerals were also in the market for equity.

Business News’s inaugural Food for Thought breakfast brought together some of WA’s best female business minds to discuss issues ranging from inequity to ongoing workplace challenges.

OPINION: Having got spending under control, the McGowan government now needs to find ways to encourage business growth.

Two budding WA sulphate of potash producers have both reached project milestones today, with Agrimin awarding a port contract, while Kalium Lakes has given the green light to develop its Beyondie project.

Medicinal cannabis research company Emerald Clinics has boosted its management team with the appointment of Michael Winlo as chief executive, ahead of an expected IPO later this year.

\Webster Limited is set to become the latest Aussie agribusiness firm snapped up by Canadian interests, with a proposed $854 million takeover by PSP Investments sending the nut and livestock producer's shares soaring by more than 50 per cent.

Perkins Builders has won a $61.7 million contract to develop a new courthouse and police complex in Armadale, as well as the $37.5 million construction contract for Capecare Dunsborough.

The Australian share market has opened sharply lower, with every sector losing at least 1.0 per cent, after a second day of significant falls on Wall Street.

Gold prices rose more than 1.0 per cent overnight as a report showing weaker-than-expected hiring by US private employers stoked economic fears the day after another report showed weak manufacturing activity in the world's largest economy.

Oil prices fell more than 2.0 per cent overnight after official data showed a rise in US crude inventories, adding to worries about an oversupplied market as weak economic readings in the United States depressed global financial markets.

Kalium in box seat

Mia Davies invoked the memory of US president Teddy Roosevelt to argue for pragmatic and market-based policy decisions at a Business News Policy Briefing today.

ASX-listed property giant Dexus has joined Perth’s flexible office phenomenon, launching a new facility at 240 St Georges Terrace to cater for the changing needs of its tenants.

A major sell-off in global shares has battered the Australian share market following fears the mighty United States economy is slowing.

The University of Western Australia’s 10-year-old Aspire program has worked hard to open the minds of thousands of students from disadvantaged backgrounds to the possibilities offered by tertiary studies.

UPDATED: A three-year trial to boost rock lobster availability in Western Australia is expected to increase visitor expenditure and grow jobs in marine tourism, though the lobster industry has expressed concern over the changes.

Kerman Contracting has been awarded a contract for the design and construction of multiple warehouses and buildings at Albemarle Corporation’s lithium hydroxide production plant in Kemerton.

Decmil and joint venture partner McConnell Dowell have finalised the main works contract for the Mordialloc Freeway project, six months after being selected by Major Roads Projects Victoria as the preferred tenderer.

OPINION: Identifying student with an entrepreneurial bent and streaming their skills would bring a multitude of benefits.

The Department of Finance has selected 25 businesses for its new common-use arrangement contract to supply food and beverage items to government agencies across Western Australia.

National Australia Bank is set to cop a $1.18 billion hit in its full-year results including an extra $832 million in customer remediation costs related to dodgy insurance and the fees-for-no-service advice scandal.

Mineral Resources has terminated a joint venture agreement with Hexagon Resources, while Independence Group bolstered its JV deal with Buxton Resources.