Perth has notched another success amid international efforts to improve the health of the world's oceans, with Martin Exel chosen to lead a global movement supporting sustainable fisheries.
The state’s land developers are rolling out stock at a much higher capacity than needed, with the excess product hitting the market resulting in median land prices falling to around $5,000 under fair value.
Aboriginal-owned Redspear Safety and UK-based Safehouse launched new business called Safespear on Tuesday night, a safety services company chaired by Redspear’s Barry McGuire.
Andrew Forrest’s Minderoo Group plans to demolish the Indiana Tea House at Cottesloe Beach and replace it with one of four concepts released for public comment today.
Shareholders have welcomed Capricorn Metals' announcement it is seeking to raise up to $18.3 million via a share placement and top-up issue, and that Mark Clark and Mark Okeby, both formerly of Regis Resources, have joined the board.
Oil prices fell more than four per cent overnight, even after OPEC and allies including Russia agreed to extend supply cuts until next March, as weak manufacturing data had investors worried that a slowing global economy could dent oil demand.
Gold prices rose 1.5 per cent overnight, a day after posting the biggest one-day percentage fall in two and a half years, as US Treasury yields fell on worries over global growth and renewed concerns over global trade.
The Australian Securities and Investments Commission has appointed Morgan Stanley to sell a stake of approximately 12.9 per cent in Yowie Group, which the regulator seized in April.
The Australian share market fell flat after the Reserve Bank delivered a consecutive cash rate cut, with the big four banks and mining giants pulling in opposite directions.
Kalium Lakes is a step closer to a final investment decision on its Beyondie sulphate of potash project, after it received a credit-approved offer from German KfW IPEX-Bank for around $102 million.
Nickel miner Panoramic Resources has entered into a binding agreement to sell its Thunder Bay North platinum group metals project in Canada for $C9 million ($9.8 million).
Australia's monetary expansion during the past decade has been among the most substantial in the developed world, according to recent data, with the Reserve Bank today continuing an easing policy.
The Australian Securities and Investments Commission has banned Western Australian company director Richard Philip Lambe from providing financial services for three years, the latest ban from its investigation into Veronica Macpherson's Macro Group.
Georgiou Group has secured a contract for the design and construction of a new interchange at Roe Highway and Kalamunda Road, as it reached a key milestone on a second infrastructure package at Perth Airport (see video).
The Reserve Bank of Australia has cut the cash rate to a fresh record low of 1.0 per cent, reducing the cost of borrowing for two months in a row for the first time since 2012.
Empired plans to undertake a buy-back of up to 10 per cent of its shares, while also announcing that it would cut operating costs and capex in the current financial year to help boost earnings.
US company Civeo has acquired Kewdale-based Action Industrial Catering, which counts Fortescue Metals Group, Pilbara Minerals and Western Areas among its major clients.
SPECIAL REPORT: Carol Innes is heartened by the positive steps already taken towards reconciliation, despite the enormous amount of ground still to be covered.
