The Australian Securities and Investments Commission has banned Peter Jianchao Xu from providing financial services for five years, after surveillance showed Mr Xu providing improper advice to clients.
Rio Tinto has approved a $1 billion investment in its Pilbara iron ore operations, including the rollout of more autonomous trucks, on the same day the state government urged Canberra to support changes designed to fast track approvals for major resources projects.
Construction company John Holland said it was seeking more than $300 million in compensation from the state government, following a two-year dispute in relation to the Perth Children's Hospital contract.
The state government has announced that a second major Water Corporation contract delivered by the private sector will be brought back in-house, despite contractor Suez claiming it had exceeded the government's performance targets.
The state government has detailed changes it plans to make across the public sector to enhance financial accountability and transparency, following recent corruption charges laid against a former senior public servant in the Department of Communities.
A consortium comprising national firms CPB Contractors and Downer has been selected as the preferred contractor for the Yanchep and Thornlie-Cockburn rail projects, with construction expected to commence in May next year, well after the state government's goal of starting this year.
The Chamber of Minerals and Energy of WA (CME) has welcomed the federal government's plan to deliver new deregulation measures for Australian businesses, saying it could save Western Australian resources projects more than $23 million each year.
Regulators will be considering moves to cut the amount thermal generators need to pay when the electricity market is oversupplied, as independent retailers warn they may soon need to charge customers for exporting solar energy into the grid.
The widening of Mitchell Freeway near Joondalup and a train station at Lakelands are some of the new projects to be funded from a $940 million, four-year infrastructure stimulus package announced today.
The entity which ran the Perth Fashion Festival for 20 years, before operations were passed to the Fashion Council WA, has entered administration owing $819,000, with owners Mariella Harvey-Hanrahan and Tony Sage planning a deed of company arrangement.
OPINION: Premier Mark McGowan, most Labor Party MPs, and many Liberals as well, are keen for the contentious voluntary assisted dying (VAD) legislation to be passed within the next fortnight, but for significantly different reasons.
UPDATED: There is evidence senior WA public servant Paul Whyte stole up to $25 million or 10 times more than he is currently charged with, a court has heard.
Globalisation may have peaked, a big investment bank has declared, while predicting the 2020s could see the world split into two technology branches headed by China and the United States.
There's no bad news in Western Australia's battery industry, Energy Minister Bill Johnston says, shrugging off the deferral of major projects in recent months.
Western Australia needs to be more aggressive in attracting foreign investment, Premier Mark McGowan told a Business News breakfast this morning, where he announced a recently established state economic office that is already facilitating dozens of projects.
Wages growth is picking up and performing better than many commentators expect, according to Finance Minister Mathias Cormann, while the government will likely revise its surplus projection lower for the financial year.
A $1 billion fund to subsidise grid reliability and an expert panel to review Australia's emissions abatement program are signs the federal government might be rethinking its approach to climate policy.
Labor has walked away from its planned major redistribution of income, and sought to clarify confusion over coal mining that cost it at the last federal poll.
Federal Labor leader Anthony Albanese has used a speech in Perth to defend the importance of the mining industry, saying the market should be allowed to determine which projects, including in the coal sector, are able to proceed.
The McGowan has reversed one of its first policy initiatives, announcing over the weekend that Perth will once again be classified as a ‘region', making it easier for international students to gain work after their studies.
Asian Engagement Minister Peter Tinley has talked up Western Australia's business opportunities with Indonesia, as federal parliament is set to ratify a significant trade deal with the South-East Asian country.
Almost $1.2 billion in dividends flowed to the state government from 11 of its businesses in the year to June 2019, according to their recently published annual reports.
Premier Mark McGowan has firmly urged BHP and Chevron to reach agreements with Woodside Petroleum so the giant Browse and Scarborough gas projects can proceed.
Former deputy prime minister Julie Bishop has urged Australia to act as a voice of moderation on international trade, criticising the US for exacerbating threats to the rules-based world order.
Continued Chinese investment into Western Australia could hinge on a fair outcome in the long-running dispute between CITIC Pacific and Clive Palmer's Mineralogy, according to Consul General Zhihua Dong.
Western Australia's seasonally adjusted unemployment rate fell 0.1 percentage points in September to 5.7 per cent, marking the fourth month in a row the rate has remained below 6 per cent.
