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The McGowan government has brought a sudden end to long-running plans for a $28 million wave park on the Swan River, ironically just one day after the Tourism Council WA complained that the wave park was one of 16 new tourist experiences being held up by government red tape.

Tennis Australia and Tourism Minister Paul Papalia have today officially confirmed the demise of the Hopman Cup, to be replaced by a men’s ATP Cup from January next year.

Free to read: As WA’s tech sector continues to develop, Business News spoke to some of the people helping Perth’s entrepreneurs score wins in global markets.

Free to read: Easier movement of goods, capital and people driven by improved technology and economic reform have helped an isolated region become one of the wealthiest in the world. We’ve collated highlights of how WA connects into the global marketplace.

Free to read: Western Australia has been home to mining for centuries, evolving from ochre pits excavated by Aboriginal peoples for rituals, art and ceremonies, to a high-tech industry that can economically supply enormous quantities of resources worldwide. Global leadership in innovation and technology adoption has supported this growth. Here are seven of the best local examples.

Free to read: The Square Kilometre Array will provide a boost for science in WA, but there was a point nearly a decade ago where the project could have been lost to the state.

Over the years, WA business has finessed its offering, from commodities to services, the arts and sophisticated technologies.

As editor of Business News, I’m delighted to introduce a new feature that highlights the best of Western Australia. Great for the State is a 12-page lift-out that will be published each month over the course of 2019.

Geopacific Resources has raised $4.3 million via a share placement, with the funds set to advance due diligence in relation to the financing of its $198.5 million Woodlark gold project.

The independent directors of Sydney-based Riversdale Resources have urged shareholders to reject the $2.20 per-share offer lobbed by Gina Rinehart’s Hancock Prospecting last month.

Tropicana gold project joint venture partners AngloGold Ashanti and Independence Group have approved the development of a new underground mine at a cost of $105 million.

Curtin University and a French research institute are sharing expertise across a range of disciplines related to the defence sector.

Congested roads around Perth will benefit from $1.6 billion worth of road and rail projects across Western Australia, as Scott Morrison tries to woo voters in the west.

Australian shares have moved marginally lower, with miners and utilities the only sectors of the market able to eke out gains.

Rare earths key to minerals strategy

Oil prices slumped overnight after government data showed US crude inventories grew more than expected last week as a Texas chemical spill hampered exports.

Palladium prices plummeted about 7 per cent overnight - the biggest daily percentage drop in more than two years - as investors worried that prices had risen too far too fast and breaks below technical levels triggered automatic selling.

Outer suburbs such as Alkimos, Baldivis and Ellenbrook are continuing to account for most of the growth in Perth’s population while inner suburbs like Mosman Park and Subiaco are shrinking, despite long-standing policies to boost urban infill.

Australian shares have rebounded from a broad slump to close slightly higher for a second day in a row.

ANALYSIS: As many retailers struggle to deal with the internet revolution, Wesfarmers is undertaking two significant experiments in managing the disruptive influence of online trading to bricks-and-mortar businesses.

Gascoyne Resources has written down the value of its flagship Dalgaranga gold project by $33.5 million, as the company's half-year results revealed its liabilities are greater than its assets.

Lendlease’s Australian Prime Property Fund Industrial has added a second Western Australian property to its portfolio, investing $4.1 million in an industrial property in Gnangara’s Northlink Industrial Park.

Mondium, a joint venture between local contractors Monadelphous and Lycopodium, has secured an early start engineering contract at Mineral Commodities’ (MRC) Munglinup graphite project.

ANZ Banking Group chief executive Shayne Elliott says structural issues and internal processes should cop the brunt of the blame for misconduct across the banking sector, and not a few people with bad intentions.

The United Kingdom’s former ambassador to the Vatican and policy adviser to Tony Blair will replace Celia Hammond as the University of Notre Dame’s vice-chancellor.

A Western Power contractor has been found largely liable for destruction wrought by a 2014 bushfire in the Perth Hills region that was sparked by a fallen power pole.

New Fremantle venue Freo.Social is drawing on the founders’ experience with music festivals and outdoor cinema.

Lynas Corporation said it will not engage with Wesfarmers' $1.5 billion indicative takeover offer, after the conglomerate launched the bid for the rare earths miner yesterday.

Australian shares have dipped as almost all sectors of the market opened in negative territory.

Oil rose nearly two per cent overnight as attention centred on geopolitical factors tightening supplies that are leading to falling exports from Venezuela and declining US inventories.

Gold retreated overnight from more than three-week highs in the previous session after the US dollar rebounded and risk appetite and bond yields recovered as fears eased about a possible US recession.

Major boost for $4.5b Pilbara plant