Latest Headlines

Australia’s big four banks could be reduced to one within a decade, in an extreme scenario, as Western countries follow moves in China towards the mass adoption of social media-based payment systems, according to a New York University professor visiting Perth.

Cobham Aviation Services said there was keen interest from potential buyers of the company, as it took delivery of its newest aircraft in Western Australia.

Business News has updated its listing of WA’s biggest mining projects to reflect the downturn in lithium, the dearth of new gold mines and the increasing dominance of iron ore.

OPINION: Parents naturally want the best for their children, but increasingly forceful representations to, and demands of, teachers is a problem.

Technology Metals Australia has released the definitive feasibility study for its Gabanintha vanadium project, which revealed a longer-life operation than previously planned.

Australian Vanadium has raised $3.5 million in capital to advance its vanadium project near Meekatharra, while Volt Resources has raised $1.6 million to fund the development of its Bunyu graphite project in Tanzania.

Cazaly Resources has received a $20 million offer from Mineral Resources for its Parker Range iron ore project in the Yilgarn region of Western Australia.

Trade war worries BHP

Oil prices steadied overnight on optimism US-China trade tensions will ease and hopes major economies will take stimulus measures to ward off a possible economic slowdown after falling earlier on concerns over future demand.

Gold rose overnight to firm above $US1,500, recovering from a more than 1.0 per cent slide in the previous session as US yields fell on increasing expectations for looser monetary policy to address fears of a global downturn.

The Australian share market has enjoyed strong gains for a second straight day, with every sector advancing.

Pilbara Metals Group, Element 25 and Mineral Commodities are among WA businesses awarded millions in federal funding as part of a push to improve Australia’s critical mineral potential.

International property group LOGOS has announced the development of two state of the art facilities for Fisher & Paykel and Toll Transport at its Hazelmere Logistics Estate in Perth.

Mining services group Ausdrill has announced the adoption of a new brand and identity, Perenti Global.

Hastings Technology Metals has achieved a significant milestone, having been granted environmetnal approval for its Yangibana rare earths project.

Nickel producer Panoramic Resources has announced the forthcoming retirement of its managing director Peter Harold after more than 18 years of service.

Engineering and construction contractor Monadelphous has announced a major contract with lithium producer Albemarle, on the same day the group expressed caution about its outlook following a decline in earnings last financial year.

Seven West Media aims to wring every drop of value from its traditional media assets after reporting a $444.5 million full-year loss and flagging another fall in earnings for the year ahead.

Fremantle Dockers' president Dale Alcock said the club will look widely to find a new coach and chief executive, following the departure of Ross Lyon and Steve Rosich earlier today.

BHP has announced a record final dividend of 78 US cents a share but the global miner's underlying profit has narrowly fallen short of expectations.

OCP, Keshik in lithium play

Oil prices gained roughly 2.0 per cent overnight after a weekend attack on a Saudi oil facility by Yemen's Houthi forces threatened crude supplies and as traders looked for signs that top economies would take measures to counteract a global slowdown.

Gold prices fell more than 1.0 per cent overnight as concerns eased that major economies could tip into recession, boosting investors' affinity for risk and detracting from bullion's safe-haven allure.

Alita Resources and its major lender have entered into a standstill agreement after Tribeca Investments issued a default notice to the struggling lithium miner.

The state government has selected French company Alstom as preferred proponent to build and maintain its new fleet of railcars, ahead of two competing groups, including the Downer Bombardier joint

Perth’s largest home builder has shone a rare light on its financial performance, with annual accounts for BGC Australia revealing big investment write-downs and large bottom-line losses over two years.

Residential construction giant ABN Group has received the green light to shift its headquarters from Osborne Park to Leederville, after FJM Property’s $35 million proposal to build on the Leederville Hotel car park site was approved by planning authorities today.

ANALYSIS: A recent rise in share prices for listed retailers reflects some positive signs across the economy.

The Australian share market has rallied to recoup some of last week's stinging losses as global recession fears ease.

A woman accused of stealing almost $163,000 from her boss was kept on staff after he uncovered the thefts but threatened to "ruin his reputation" when he reminded her about repaying it, a Perth court has heard.

Strong gold prices and higher production levels have helped lift revenue at gold miners Saracen Mineral Holdings and Regis Resources, with Saracen’s net profit up 22 per cent to $92.5 million.

Mining and civil contractor MACA has announced a construct only contract with Main Roads WA to seal the Karratha to Tom price road.