Former chief executive of Craig Mostyn Group David Lock has been appointed independent director of the CBH Group board, replacing current member David Willis.
The next move for interest rates is up, but the outlook for jobs is good and a wage rise could be around the corner, says Reserve Bank governor Philip Lowe.
Subiaco-based oil and gas junior Calima Energy has raised $25 million through a placement, and aims to pick up a further $40 million through debt to underpin a drilling campaign at its Canadian exploration tenements.
Evolution Mining has lifted full-year profit 21 per cent to $263.4 million, helped by the sale of its Edna May gold mine in Western Australia for $90 million.
Australian shares have opened subdued, , despite Wall Street rallying overnight, as weakness in materials and healthcare shares continues to weigh amid a cautious approach by investors.
US stocks have rebounded with the Dow posting its biggest percentage gain in over four months, as positive earnings and waning trade jitters buoyed investor confidence.
Oil prices rose slightly as global markets steadied, recovering some of the previous day's two per cent slide, though a weakening outlook for crude demand kept prices in check.
Welshpool-based supplier of emergency refuge chambers to the mining industry, MineARC Systems, was declared the Telstra WA Business of the Year last night, while Perth Cat Hospital, Pachamama and Earbus Foundation also picked up prizes.
The share price of Perth-based Eden Innovations jumped as much as 28.6 per cent this morning after the company announced the largest single contract for its EdenCrete concrete additive.
Opinion: WA’s interest and those of other states are poorly aligned in terms of national energy policy, and the same is increasingly the case given US trade tensions with China.
Australian shares have closed flat, despite strong individual performances from Telstra, Treasury Wine Estates and QBE as materials and energy stocks came under pressure.
The state government has foreshadowed a new graduate visa scheme to attract international students to WA but has no plans to reverse earlier policy decisions that have contributed to a plunge in the state's share of foreign students coming to Australia.
The state’s unemployment rate has declined for a fourth straight month, after the economy added about 13,000 full-time jobs in July, according to the latest figures from the Australian Bureau of Statistics.
The Corruption and Crime Commission has recommended criminal charges be laid against three former public servants and at least 10 private sector contractors after highlighting corrupt practices at the North Metropolitan Health Service.
West Perth-based Neometals will demerge its Barrambie vanadium and titanium project early next year, as the businesses gears up for a final investment decision on its planned Kalgoorlie lithium hydroxide refinery in mid-2019.
Origin Energy has more than doubled underlying profit on the back of improved performance in its retail and gas production operations, and signalled a return to dividend payouts in the current financial year.
Markets operator ASX Limited has posted a 2.5 per cent lift in full-year net profit to $445.1 million with a strong contribution from its listings service, capital raisings and futures trading.
US stock indexes have fallen in a broad-based decline, hurt by concerns over the strong US dollar and Turkey's currency crisis, as well as the trade tensions with American trading partners that have dominated the first half of 2018.
Canada-based forest products company Mercer International has confirmed it will acquire privately owned Indian sandalwood producer Santanol for an unspecified sum.
Australian shares have hit a fresh 10-year high, with a surge in CSL stocks and gains for Wesfarmers helping the market overcome falls in energy and materials stocks.
Wesfarmers has suffered a 58 per cent drop in full-year net profit after taking more than $1.3 billion in costs and losses on its disastrous Bunnings UK exit and a $300 million write-down on underperforming Target, while also announcing leadership changes at its department stores.
Gold Road Resources has announced the retirement of long-standing chief executive Ian Murray, with former AngloGold Ashanti general manager Duncan Gibbs set to take the reins.
New land sales in Perth have increased for the third straight quarter, according to new data out today, with the Urban Development Institute of Australia WA saying the results reflect rising confidence in the local market.
Perth-based lenders Fair Go Finance and Capfin Money have announced plans to merge in a deal under which Frankfurt-listed MyBucks will sell a 60 per cent stake in the new entity to its former chief executive Tim Nuy.
Chris Ellison-led Mineral Resources has posted a big increase in profit to $272 million for the 2018 financial year, helped by a strong performance in the company’s mining services division.
Western Australia continues to have the slowest nominal wages growth in Australia, with the latest data showing growth of 1.5 per cent, slightly ahead of local inflation at 1.1 per cent.
