A move to reactivate a dividend reinvestment plan and a $US 1.5 billion debt deal should be read as a sign Woodside Petroleum is confident that its Browse and Scarborough projects are moving forward, chief executive Peter Coleman said.
Millennium Minerals has appointed Warren Hallam as managing director, marking Mr Hallam’s return as the leader of a junior miner since his short-lived stint at Capricorn Metals ended abruptly in March.
Telstra has reported a 40 per cent fall in full-year profit to $2.15 billion and flagged another earnings squeeze next year as construction of the national broadband network nears completion.
Oil prices shed 3.0 per cent overnight after Chinese and European economic data revived global demand fears and US crude inventories rose unexpectedly for the second week in a row.
Gold rose more than 1.0 per cent overnight as an inverted US Treasury yield curve and weak euro zone data stoked fears of a global economic recession and drove investors toward safe-haven bullion.
The head of the Department of the Premier and Cabinet has been accused of an “extremely serious intentional breach of parliamentary privilege” by a parliamentary committee chaired by Labor's Kate Doust for his actions during a Corruption and Crime Commission investigation.
The Australian share market has surged in its final half-hour of trading to close in positive territory despite some major companies going ex-dividend.
Shopping centre giant Vicinity Centres has felt the full force of WA’s weak retail climate, after it recorded a $227 million write-down, largely due to the performance of its WA portfolio, which had $191 million wiped off its value.
Construction has started on a new aged care centre at LandCorp’s Claremont on the Park redevelopment, with Oryx Communities today breaking ground on The Queenslea project.
An initiative being rolled out in Perth’s northern suburbs promises to reduce the costs of installing residential solar panels while also creating a new asset class for institutional investors.
Shares in Castle Minerals have risen by as much as 150 per cent today, after the junior gold explorer signed a $US11.7 million ($17.2 million) farm-out agreement for two of its licences in Ghana.
Tourism Council WA has put a damper on Tourism Minister Paul Papalia's positive take on new data showing a record number of jobs in the sector, pointing out that growth in tourism jobs in WA was the lowest of any state or territory.
Rhinohide is seeking to raise up to $500,000 via equity crowdfunding platform Equitise, after raising $791,000 from private investors earlier this year, as the vehicle protection panel business looks to launch in the US.
CSL's full-year profit has risen 11 per cent to $US1.92 billion ($A2.82 billion), driven by disease diagnosis and global demand for its immunoglobulin portfolio.
Edith Cowan University's Rob Newton and Curtin University's Phil Bland were named joint winners of the scientist of the year award at last night's Premier's Science Awards.
Oil prices overnight jumped by the most so far this year after the United States government said it would delay imposing a 10 per cent tariff on certain Chinese products, easing concerns over a global trade conflict that has pummelled markets in recent months.
Gold fell as much as 2.0 per cent in a reversal from six-year highs overnight after the United States government said it would delay tariffs on some Chinese products and on news that both sides agreed to continue trade talks.
Civmec has announced $120 million of new work, led by a contract to build and instal the primary crushing and ore processing facility at Fortescue Metals Group’s Eliwana iron ore mine.
Neighbourhood shopping centres and supermarkets are drawing significant investor interest, with more than $140 million worth of transactions occurring in 2019.
Nicholas Oud has been removed from the roll of legal practitioners, after the Supreme Court of Western Australia upheld an earlier decision by the Legal Profession Complaints Committee.
ANALYSIS: An $A record gold price has the sector abuzz, while the sharp correction in iron ore prices will expose the looming reliance on WA’s vast deposits of low-grade ore.
Infrastructure Australia has dramatically scaled down the expected cost of road congestion in Perth, mainly because of lower population growth, but has warned about the impact of continued urban sprawl.
Southern Cross Electrical Engineering has won several contracts worth a combined $35 million in the commercial, data centre and energy sectors, primarily on the east coast.
