Matt Mckenzie

Treasurer Scott Morrison has made changes to the federal government’s proposed superannuation reforms after months of internal party pressure, with a proposed $500,000 lifetime non-concessional contribution cap replaced by a reduction of the existing annual cap.

Shipbuilder Austal has successfully completed an export contract to Azerbaijan, delivering a 70-metre catamaran constructed at its Henderson yard, the same facility that will be building a series of vessels for the federal government in two naval contracts.

Grain producers are set for a bumper crop in Western Australia going into harvest, with the latest production forecasts from the federal government estimating production will reach 17.1 million tonnes, an increase of 17 per cent on last year.

It was a successful day for participants in the Egan Street Resources initial public offering, with shares in the gold hopeful up 50 per cent on the first day of trading.

The Australian Securities and Investments Commission has agreed to an enforceable undertaking with local financial planner Neo Financial Solutions, after surveillance of the business raised concerns about risk management and compliance frameworks.

Shadow minister for consumer affairs Sam Dastyari has announced his resignation from Labor's frontbench after days of criticism for his relationship with Chinese business interests.

Western Australian state final demand has fallen to its lowest level since the June quarter of 2011, measured in seasonally adjusted terms, down 4.6 per cent in the 2016 financial year.

Shares in Doray Minerals were down 5.5 per cent as the gold miner released production guidance for the 2017 financial year of between 105,000 and 120,000 ounces.

New research released by the mining sector today suggests the impact of the WA Nationals' proposed $5 per tonne tax on iron ore production could be greater than originally anticipated.