Australian shares have started lower, despite overnight gains on Wall Street, weighed down by declines in resources and a number of blue-chips trading ex-dividend.
Wall Street's three major indexes have risen with the S&P 500 posting its strongest gain in three weeks as a string of healthy earnings boosted investor optimism and a rebound in the Turkish lira eased fears of a broader financial contagion.
Opposition leader Mike Nahan insists he'll lead the Liberals to the next state election and says he has the overwhelming support of his colleagues, rejecting reports confidence in him is wavering.
Australian shares have risen, with banks leading near across-the-board gains and an easing in investor concerns over the tension between the US and Turkey.
Western Australians overwhelmingly believe the big end of town has been the major beneficiary of the country’s unprecedented run of growth over the past 26 years, a poll released today has found.
State government reforms that liberalise the rules governing permanent licensed premises but tighten up on pop-up venues come into effect this weekend, as new data shows 114 licensed premises have opened in Western Australia this year.
Resources logistics company Bis has appointed former Broadspectrum chief executive Graeme Hunt as its new chairman to replace the retiring Charles Lenegan, while non-executive director John Beevers is also retiring.
Shares in Carnarvon Petroleum have regained some of yesterday’s losses, after the oil and gas explorer revealed plans for its lesser known Buffalo project in the Timor Sea.
Paris-based upstream oil and gas engineering business Doris Engineering has set up shop in Perth as it prepares for the next wave of local major projects to get under way.
US stocks have dropped as global jitters from Turkey's plummeting currency spread to Wall Street, with the S&P 500 and the Dow falling for the fourth session in a row.
Oil prices have fallen after data suggested inventories at the US crude delivery hub rose in the latest week, compounding worries that troubled emerging markets and trade tensions will dent the outlook for fuel demand.
Construction contractor York Civil has ceased operations, and while its joint venture partner is expected to finish work at the Matagarup Bridge, there is uncertainty around a recently won $30 million contract at Port Hedland.
Kerry Stokes looks set to accept a takeover offer for one of his agribusiness investments after private equity groups launched a friendly takeover bid for Australia's biggest honey producer, ASX-listed Capilano Honey.
State opposition leader Mike Nahan has locked in part of his party’s energy policy early in the election cycle, pledging on the weekend to allow competition in retail power markets if his party wins the 2021 election.
Australian shares have continued to slide in lines with declines on Wall Street and Asian markets as trade worries and the Turkish lira's plunge dominate markets, while the Aussie dollar is again under pressure and under 73 US cents.
Nearly 140 major projects are either under way or planned for WA, new research by Business News has found. Click through to access the new list on the BNiQ Search Engine.
A joint venture between Perth companies Ausdrill and Barminco has been awarded a $US160 million ($220 million) mining services contract for Roxgold in West Africa.
Austal has been selected as preferred supplier to build six naval vessels for the Philippines, using a design similar to the offshore patrol vessel concept which was unsuccessful in a recent federal government tender.
GR Engineering Services will receive an $8.3 million payout from Eastern Goldfields, more than a year after launching proceedings in the Supreme Court in relation to a contract dispute at the miner’s Davyhurst operation.
The loss of iron ore haulage contracts with Cliffs Natural Resources and Mount Gibson Iron is expected to dent rail operator Aurizon’s earnings by about $50 million in the 2019 financial year.