Latest Headlines

US federal agents have conducted a search at Austal’s offices in Mobile, Alabama, in relation to an inquiry by the Australian Securities and Investments Commission into announcements the shipbuilder made in late-2015 and mid-2016.

Neurotech International has announced it is seeking to raise up to $3.3 million via a rights issue, with plans to use the funds to change the strategic direction of the company’s Mente product.

Three struggling locally-based miners, including MZI Resources and Thundelarra, have announced the departure of their top executives.

Australia's economy will be affected by slower global growth in the next two years, a leading economic forecaster predicts.

Government-backed agency StudyPerth has today appointed eight Western Australians from the education, legal and professional sectors as members of a new employability panel aimed at international students.

TPG Telecom's $2 billion plan to build Australia's newest mobile network looks to be in tatters because of the federal government's ban on using equipment from China's Huawei.

Australian shares have continued to slip under pressure from the heavyweight financial sector, while subdued business confidence has hit the local dollar.

Gresham powers up Perth Energy auction

US stocks have tumbled after warnings from Caterpillar Inc and Nvidia Corp added to concerns about a slowing Chinese economy and tariffs taking a bite out of US corporate profits.

Gold was little changed on Monday, hovering near the $US1,300 mark as investors awaited further developments on the US-China trade dispute and the Federal Reserve's interest rate trajectory.

Oil has fallen more than three per cent, heading for its biggest one-day percentage drop in a month due after an increase in US crude drilling pointed to further supply growth.

Sacgasco has executed an Agreement with Raven Energy and its Bombora subsidiaries to acquire various working interests in the Alvares, Dempsey and Dempsey Trend Projects in the Sacramento Basin.

The Australian share market has powered into Friday's close on a ten-week high thanks to strong performances by the energy and financial sectors despite AMP's woes.

AusCann Group Holdings has acquired a 7,300 square metre research and development facility in Perth for $5.25 million

Osborne Park-based Barbaro Homes has entered liquidation, a week after it ceased operations.

PODCAST: Mark Pownall, Mark Beyer and Dan Wilkie discuss Dale Alcock and Adrian Fini, South Perth development, house market sentiment, Infinite Energy, Wright Prospecting’s financials, Kinetic IT, and our special report on major WA private companies.

Moody’s has lifted the outlook on Western Australia's Aa2 credit rating from ‘stable’ to ‘positive’, citing the state government's "strong fiscal resolve" as a key factor.

Having survived algal blooms, urbanisation and vegetation clearing over the years, the Peel-Harvey Estuary is now the focus of a restoration effort involving international and local groups.

Electricity has started flowing from APA Group’s Badgingarra wind farm in recent days, while two of the state’s major coal generating units have been powered down due to low demand.

China’s economic slowdown and the lingering threat of a trade war between the world’s largest country and the US are the biggest threats to Western Australia, according to the Chamber of Commerce and Industry WA.

Rio Tinto has awarded its 100th work package to local businesses in the Pilbara, as part of its program designed to increase opportunities for businesses in Western Australia.

Opinion: Amidst the ongoing shakeup in the retail sector, driven by internet shopping, an investment opportunity has arisen in property.

AMP has flagged a 96 per cent drop in full-year profit and a drastically smaller final dividend after confirming it will set aside another $200 million to cover the cost of customer remediation related to issues heard at the banking royal commission.

The Australian share market has inched higher bolstered by strong gains in the energy sector as oil prices continue to climb.

Query over Fotios’ gold play

Gold has steadied following initial losses, supported by uncertainties surrounding the government shutdown in the United States and its trade relations with China, but gains were capped by a stronger dollar.

US oil prices have risen by one per cent, boosted by the US threat of sanctions on Venezuela, but gains were capped by record high gasoline inventories and an unexpected big build in crude stocks in the United States.

Two of Western Australia’s most prominent property identities – Dale Alcock and Adrian Fini – have formed an alliance to develop a purpose-built new headquarters for ABN Group in the centre of Leederville.

The Australian share market has edged up to close higher, but the Aussie dollar took a dive after NAB joined its big four rivals in hiking its variable mortgage rates.

David Biggs has been appointed as a non-executive director at Petrel Energy and Warrego, subject to shareholder approval at an extraordinary general meeting in March.

Western Australians are keen to buy new homes and investment properties, much moreso than in the rest of the country, but existing owners are unwilling to sell, a survey by National Australia Bank has found.

The country's number two independent gas producer, Santos, expects production to rise by up to 32 per cent this year, boosted by the acquisition of Quadrant assets.