Quintis chair under fire at heated meeting

Quintis chairman Dalton Gooding has come under fire from company founder and former chief executive Frank Wilson and other shareholders at a heated annual meeting today.

Banks weigh on Aust share market

The Australian share market has closed lower, driven by falls in banking and utilities stocks.

Aussies 2/88 after England's 403

Australia were 2-88 at tea on the second day of the third Test against England at WACA Ground today.

Horticulture thrives on new markets, investment

A Manjimup farm business’s $2 million-plus processing facility has become the latest in a string of horticultural investments around the state.

CEO lunch with Gary Roberts

Nova 937 chief Gary Roberts has been in radio all his life, with his many industry achievements including launching two successful radio stations in Perth – 22 years apart.

Perth energy stock completes Canada deal

Shares in Global Energy Ventures have recommenced trading on the ASX today following a $4 million capital raising and the purchase of a Canadian marine transport technology business.

Otherside no gypsy as Gage goes classic

Local craft brewers Otherside Brewing Co and Gage Roads Brewing Company are growing their businesses with new beers, capabilities and contracts.

Aust shares start the day on a sour note

The Australian share market has opened lower amid widespread negative sentiment on international bourses.

Morning Headlines

Match fixing fears

WA unemployment up 0.6%

Western Australia's unemployment rate rose to 6.6 per cent in November despite 8,500 jobs being created, while the national unemployment rate has remained unchanged even though the economy added far more jobs than expected in November.

Shares fall but jobs growth lifts $A

The share market has lost ground as gains for materials and energy companies were offset by falls in the utilities and property trust sectors, and the Australian dollar has been boosted by strong jobs growth.

NAB will no longer back new coal projects

National Australia Bank says it will stop lending for new thermal coal mining projects, becoming the first major Australian bank to phase out support for the sector.

England 4-175 against Aussies in 3rd Test

Australia's ferocious short-ball assault and a controversial umpire's call have left England 4-175 at tea on the opening day of the third Ashes Test.

Agency Group buys Servtech businesses

Listed real estate firm Agency Group Australia, formerly Ausnet Financial Services, has acquired three arms of struggling tech company Servtech Global Holdings for less than $1 million, while also announcing a $3 million capital raising.

Citic hits 2017 target, outlines economic value

Perth-based CITIC Pacific Mining has hit its 2017 production target of 15 million tonnes of magnetite concentrate at its Sino Iron project in the Pilbara, while also releasing a study that shows spending of $51 billion in Western Australia over the next 40 years.

WA population growth remains subdued

Western Australia’s adverse population trends have continued in the 12 months to June, with overall growth of just 0.8 per cent while less people are coming from interstate and overseas.

Time to deliver on potential

The state’s political and business leaders need to make sensible decisions to ensure WA embraces the opportunities available to it as the economy recovers.

Monadelphous locks in $110m contracts

Engineering and construction contractor Monadelphous has secured a series of contracts worth about $110 million, including a three-year deal for work at the Muja power station in Collie.

Mecoy takes reins at Leadership WA

Former Metropolitan Cemeteries Board director Dominique Mecoy will take the helm at Leadership WA in the new year, replacing Robin McClellan who served in the role for two years.

US gains trickle through to Aust shares

Australian shares are higher following cues from the US where the Federal Reserve's interest rate rise has buoyed Wall Street stocks.