Latest Headlines

The Perth-based Australian subsidiary of Phoenix International has secured a contract with the Royal Australian Navy.

The Reserve Bank of Australia's stance on rates may be getting a little less neutral after Australian economic growth fell well short of the central bank's own downgraded forecast.

Capricorn Metals’ managing director and chief financial officer have resigned after two shareholders of the gold junior successfully ousted three of its directors.

A national survey released today by the Australasian Institute of Mining and Metallurgy (AusIMM) has identified major issues in the resources sector, with a majority of female respondents believing the industry is not diverse.

Carnegie Clean Energy has reported a net loss of $45 million for the half year, largely due to a write-down to the value of its intellectual property.

Myer shares are soaring after the department store chain cut its debt by a third and posted a $38.4 million first-half profit.

Australian shares have moved higher as investors digested lower-than-expected GDP numbers that indicated restrained consumer spending in the last three months of 2018.

Gorgon’s CO2 burial faces more hold-ups

Oil prices were little changed overnight as the market wavered on expectations for an imminent trade deal between the United States and China while awaiting US government crude stocks data.

Gold prices slipped overnight to their lowest in more than five weeks as the US dollar rose on stronger than expected economic data and rising US Treasury yields.

Wall Street's main indices have dipped in a choppy session as a drop in General Electric shares countered positive retailer earnings and investors eyed a key resistance level for the benchmark S&P 500 after the market's strong run.

Australian shares rebounded from some of their lows in the morning but have still closed lower for the first time in a week.

Telstra is set close its approximately 78 business centres and open 28 business technology centres in their place.

Decmil and joint venture partner McConnell Dowell have been announced as the preferred tenderer for the Mordialloc Freeway project in Victoria.

The Environmental Protection Authority has recommended approval to a proposal to upgrade a section of High Street in Fremantle.

Chevron has announced its Wheatstone domestic gas plant is ready to begin regular supply, two months after successful test flows into the market and two years after the first LNG shipment.

SPECIAL REPORT: LandCorp has a busy 2019 ahead of it as it pursues precinct development in some of Perth’s most desirable suburbs.

SPECIAL REPORT: After operating for more than 30 years as Amex Corporation, Okeland Communities has embraced its family history by rebranding.

SPECIAL REPORT: Battered by the biggest downturn to hit the property sector in decades, WA land developers remain in survival mode as they await an expected recovery.

Three family business directors have opened up to Business News about taking over from their parents.

Photo Essay: Formally celebrated in Australia for the first time almost a century ago, International Women’s Day remains a significant date on the calendar.

The state government has continued its rollout of off-grid renewable systems, with Perth-based CPS National set to install micro power systems in the Esperance region.

The Reserve Bank has kept the official cash rate at a record low of 1.5 per cent despite noting Australian economic growth probably slowed in the second half of 2018.

The former chief of staff to ex-NAB boss Andrew Thorburn has been arrested over a $40 million fraud against the bank.

West Perth-based Northern Minerals and ASX-listed Golden Rim Resources have announced share placements of $3 million and $2.25 million, respectively.

Australia's current account deficit has narrowed 33 per cent to $7.2 billion in the three months to December as higher commodity prices boosted the value of exports.

Western Australian tourism businesses have won 16 medals at the 2018 Qantas Australian Tourism Awards, the largest medal haul for the state since the awards' inception in 1985.

Coles is offloading management of its 87 pubs, including four in Western Australia, in a $200 million deal with private equity controlled Australian Venue Co.

Australian shares have moved lower, erasing all of the market's gains of the previous day.

Job desperation

Oil prices rose slightly overnight as the United States and China appeared closer to reaching a formal agreement to end a trade war that has slowed global economic growth while Russia said it would speed up its crude production cuts.

Gold dipped overnight to its lowest in more than five weeks as the US dollar and equities prices rose on optimism about a possible trade deal between the United States and China, while platinum shed 3 per cent as investors took profits from a recent rally.