Latest Headlines

Australia's number two lender, Westpac, has reported first-quarter unaudited cash earnings of $2.04 billion, with natural disaster insurance claims rising and mortgage delinquencies edging higher.

Rottnest’s first new accommodation in 30 years was officially launched last week, with a $25 million glamping site set to open to the public in March.

Monadelphous has secured a $108 million contract on BHP Group's South Flank project, while Clough has won its second contract on the same development. The two contracts will create 700 jobs at South Flank, the largest project underway in WA.

SPECIAL REPORT: Costs and a local skills shortage are among the challenges facing the state as it seeks to develop a local train car manufacturing sector.

SPECIAL REPORT: Big data has helped the Pilbara Ports Authority to dramatically increase throughput, in contrast to other ports.

SPECIAL REPORT: WA could be about 1,000 truck drivers short at a time the industry believes there are signs of an upswing.

SPECIAL REPORT: WA will be waiting until at least 2030 before an outer harbour development is needed, and in the meantime work is being done to evaluate the best ways to extend the life of Fremantle Port.

Mining equipment supplier Imdex has announced a half-year profit of $13.5 million, compared with $10.6 million in the corresponding period last year.

Technology Metals Australia has secured $4.5 million via a share placement, with the funds set to advance the definitive feasibility study on its flagship Gabanintha vanadium project, located 40 kilometres south of Meekatharra.

Woolworths has become the first national supermarket chain to dump its $1/litre milk range, with farmers saying Coles and Aldi must follow if they want Australian dairies to survive.

Australian shares have enjoyed their fourth straight day of gains as the local currency slides further against the US dollar.

NAIF has cash to splash on tourism, farms

Gold jumped to a two-week high on Friday after weak US economic data boosted expectations the US Federal Reserve would hold pat on monetary tightening, while palladium matched an all-time high on a prolonged deficit.

Oil prices rose more than 2 per cent on Friday after an outage at Saudi Arabia's offshore oilfield boosted expectations for tightening supply, while progressing US-China trade talks strengthened demand sentiment.

Nzuri Copper is pleased to announce that it has entered into a term sheet with its major shareholder, Tembo Capital Mining Fund LP, which sets out the commercial terms on which Tembo proposes to pr

There will be a big reduction in the Reserve Bank of Australia’s official cash rate in the next year or two, according to investment analysis Jonathan Pain.

The Australian sharemarket has treaded water for another day as six more companies reported their earnings.

Veris says it will “likely” report a $34 million non-cash impairment charge to its goodwill, because of the poor trading performance of its surveying business.

Australis Oil & Gas is seeking to raise $30.5 million via a share placement, with the funds set progress its Tuscaloosa Marine Shale project in the US.

The long-anticipated expansion of Galleria Shopping Centre in Morley has been deferred, just days after receiving final planning approval, though its co-owner has committed to a $63 million expansion of Ellenbrook Central.

The sale of RCR Tomlinson’s Western Australian operations is complete, with RCR Resources, RCR Power and RCR Water West sold to AvidSys Group for an undisclosed sum.

The media is like any other business, where adapting to consumer needs is the only way to survive.

Perth-based EON Foundation is growing its food and nutrition programs in remote communities.

Developers across Perth’s CBD are positioning themselves to ride the city’s next wave of office development, with options for tenants with large space requirements becoming scarce despite an overall vacancy rate of 18.5 per cent.

PODCAST: Mark Pownall and Mark Beyer discuss a tourism business sale, Airbnb, Vicinity Centres, Galleria Shopping Centre, future CBD development opportunities, infrastructure priorities, and our special report on ports and transport.

Civmec has reported a profit of $1.27 million for the second quarter of the 2019 financial year, while also announcing a new contract at Albemarle Corporation's Kemerton lithium project.

Reserve Bank of Australia board member Mark Barnaba will chair a new investment committee at not-for-profit health fund HBF, overseeing a $1.7 billion investment portfolio.

Automotive Holdings Group has announced a series of write-downs and restructuring expenses totalling $264 million as it adjusts to tougher conditions in both its automotive and trucking businesses.

Australian shares are hovering in positive territory as investors digest another day of earnings results.

RCR Tomlinson under ASIC investigation

Oil prices edged higher overnight and Brent hit the highest level this year, but gains were capped after the steepest decline in US retail spending since 2009 heightened investor fears of a global economic slowdown.

Gold prices rose overnight as the US dollar fell on weak economic data from the United States, which bolstered expectations the Federal Reserve would stick to its dovish stance on monetary policy.