Perth-based commercial cleaning company Delron Cleaning has agreed to ongoing scrutiny of its workplace arrangements by the Fair Work Ombudsman after it was found to have underpaid staff more than $447,000.
Verdant Minerals has entered into a non-binding agreement for a $160 million debt facility from the Northern Australia Infrastructure Fund, adding to a string of mining projects in recent months to reach a funding agreement with the fund.
The Australian share market surged higher following a 90-day truce on tariffs between the US and China, with energy and mining stocks recording significant gains.
Disruption, a demerger and divestments are shaping Wesfarmers’ long-term approach to growth, managing director Rob Scott told last week’s Success & Leadership breakfast.
Shares in Resonance Health have doubled today after its FerriSmart technology, which uses machine learning to quantify liver iron concentration, received FDA approval.
CoreLogic has revealed a decline in Perth house prices for November, which is at odds with the Real Estate Institute of Western Australia’s data suggesting prices increased last month.
The developer behind a long-running bid to build a 24-hour Puma service station in Dunsborough faces an uphill battle to get the project approved, after Western Australia’s Court of Appeal overturned a Supreme Court ruling that gave it the go-ahead last year.
Piedmont Lithium has tapped investors for $12.2 million to fund an expansion and upgrade at the company’s namesake project in the US state of North Carolina.
GrainCorp shares surged by more than a third after the drought-hit grain handler received an all-cash $2.38 billion takeover bid from little-known asset manager Long-Term Asset Partners.
SPECIAL REPORT: There can be wide differences between the statutory pay reported by listed companies and the ‘take home’ pay of their senior executives.
SPECIAL REPORT: There has been a notable reduction in the number of high-earning executives in WA, though some individuals do well year after year, research by Business News has found.
Australian shares have surged at the start of the new trading week, with energy and materials stocks up by more than two per cent in the wake of a 90-day truce on tariffs between China and the US.
Wall Street has risen as investors hope for progress on trade in a critical US-China meeting over the weekend, and the S&P 500 and the Nasdaq posted their biggest weekly percentage gains in nearly seven years.
Gold fell as the dollar strengthened ahead of trade talks between the US and Chinese leaders at the G20 summit, while palladium prices crossed the $US1,200 per ounce mark for the first time.
Oil prices edged lower due to concerns of oversupply and a strong dollar but losses were limited by expectations that the Organisation of the Petroleum Exporting Countries and Russia would agree some form of production cut next week.
A 4,497 square metre multi-lot site in Scarborough has been placed on the market, raising the possibility for further high density residential development in the suburb.
Shares in Matrix Composites & Engineering have jumped 16 per cent today to trade at 43 cents each, after the Henderson-based oil and gas services company announced it had won a $15.3 million contract.
The Australian share market suffered significant losses across the board, with consumer and banking stocks weighing the heaviest as world leaders descend on Argentina for critical trade discussions at the G20 summit.
Perth house prices have risen for the second straight month, according to new data from the Real Estate Institute of Western Australia, which released its monthly figures today ahead of market analyst CoreLogic.
PODCAST: Mark Pownall and Mark Beyer discuss the Rio Tinto expansion, fracking move, Rob Scott, Eastern Goldfields, Stan Perron and our special report on CEO salaries.
Adco Constructions has secured a contract to complete expansion works at Bunbury Regional Prison, while EMCO Building will construct a new performing arts centre at Melville Senior High School.
Carnegie Clean Energy has been forced to abandon plans to sell its battery storage and microgrid business, while chairman Terry Stinson has detailed the renewable energy outfit’s recent struggles in an address at today’s annual meeting.
As the debate continues from the state government’s recent decision on fracking, it is worth considering some of the potential projects that may proceed.
Saracen Properties will reassess plans for a redevelopment of the historic Royal George Hotel in East Fremantle, after Planning Minister Rita Saffioti backed a proposal to limit building height on the site to seven storeys.
Disability service provider Rocky Bay has navigated its second not-for-profit acquisition, as it makes the move towards extensive infrastructure redevelopment.
