Western Australia’s unemployment rate has increased by 0.1 per cent taking it to 6 per cent in March, making it 1 per cent higher than the national average of 5 per cent.
The Australian share market has closed marginally higher after a choppy day in which better than expected jobs numbers caused the local bourse to lose some of its midday gains.
Galaxy Resources has abandoned its search for a joint venture partner for Sal de Vida, after no company was willing to inject enough capital for the Argentinian project.
Iron ore miner Fortescue Metals Group has reported flat third-quarter iron ore shipments and cut its annual shipments forecast because of disruptions caused by a tropical cyclone.
PODCAST: Dan Wilkie and Delia Price discuss Iconic Scarborough, a developer collapses, Hossean Pourzand, Ausdrill fraud, Nedlands' density, the Pavilion Markets, and philanthropy and charitable donations.
Developer 3 Oceans Property is looking for joint venture partners for a redesigned Iconic Scarborough project, after it announced the $450 million project is officially on hold due to the current market making the development financially unviable.
With the federal election just a month away, the confidence of Australia’s company directors is at its lowest point in over two years, according to the latest Australian Institute of Company Directors’ (AICD) Director Sentiment Index.
The state government will outlay $131.5 million of additional funds for the Department of Primary Industries and Regional Development (DPIRD) in the upcoming budget.
CBH Group has awarded six of the nine contracts for its $150 million Network Strategy Expansion project, including four to local contractors WCP Civil and Georgiou Group.
South32 has reported a 37 per cent fall in its third-quarter coking coal production compared to the second quarter, as its continues to focus on keeping down costs at its Illawarra operation.
Gold has fallen again, holding near the 2019 lows touched in the previous session, as economic growth data from China assuaged concerns about global growth and drove investors into riskier assets.
US stocks have ended slightly lower as a drop in healthcare shares overshadowed a string of positive corporate earnings and upbeat economic data from the United States and China.
Perth City was the only inner city area to be classed as a building hotspot in Western Australia, with most building approvals occurring in the outer suburbs, according to a Housing Industry Association report.
Workplace consumable products supplier and distributor Stealth Global has acquired distribution business Industrial Supply Group for about $1 million, the third deal the company has made since listing on the ASX in October 2018.
The developer behind the Red Castle and Bottleyard apartments complexes has been forced into liquidation, the latest victim of difficult conditions in Western Australian property.
Ausdrill has sacked an employee and reported them to police after discovering approximately $10 million of allegedly fraudulent payments over eight years.
Mirvac Group will start construction on the final stage of its Leighton Beach precinct this week, with a $40 million, 104-apartment complex expected to take around 18 months to complete.
The corporate regulator has banned a Perth accountant from providing financial services for six years after an investigation found he bought and sold shares for clients so companies could meet the minimum requirement to be listed on the stock exchange.
Office Hours host Damian Stone sits down with Real Estate Institute of Western Australia president and managing director of Momentum Wealth Damian Collins to discuss Perth’s residential property market, the genesis of Mr Collins’ buyers agency and property syndicator and the potential ramifications of regulatory changes in the industry.
