News

The ASX is set to adopt blockchain-based technology for its clearing and settlement process, after announcing today that it would replace the current Clearing House Electronic Subregister System.

West Perth-based Gascoyne Resources has secured a $60 million debt facility with two major Australian banks as it aims for its Dalgaranga gold project to be in production in mid-2018.

Minerals explorer Nelson Resources started trading on the ASX today after raising $5 million from investors by way of an initial public offer.

Australian shares are higher in early trade, ignoring a negative lead from the US where strength in technology stocks were unable to offset losses in energy shares after oil prices dropped.

Perth Airport wants ‘fair share' of Chinese tourists

The share market has closed lower, due to significant falls by healthcare and energy stocks and weakness in the materials and industrial sectors.

The share market has closed lower, due to significant falls by healthcare and energy stocks and weakness in the materials and industrial sectors.

The share market has closed lower, due to significant falls by healthcare and energy stocks and weakness in the materials and industrial sectors.

Incitec Pivot has warned that its 2020 and 2021 full-year profits will be hit by the end of a contract to supply ammonium nitrate prill to mining giant BHP Billiton.

The auditor general has found major flaws in the state government's Buy Local policy, with concerns regarding data collection leaving agencies unsure if the policy is benefitting local businesses.

Shares in junior lithium explorers MetalsTech and Force Commodities have spiked after the companies announced funding and joint venture agreements, while European Lithium will tap investors to progress its lithium project in Austria.

Social impact is becoming a larger factor for investors aware of the growing base of conscious consumers.

Beyond their obvious value to the startup and tech sectors, hackathons are increasingly being used by big business to drive innovation.

Business partners Charlotte Haygarth and Jayde Taylor are hoping to ride the anti-sugar wave and change the way people perceive healthy, sweet treats.

The Australian economy expanded at a slower-than-expected rate in the three months to September, however WA's domestic economy appears to be on the mend, growing 0.9 per cent for the quarter.

Technology companies Syntonic and Family Zone are planning to grow their respective international customer bases after announcing separate $5 million share placements today.

Shares in newly listed Parkd finished up 25 per cent today after the Perth-based company raised $6 million through a strongly supported initial public offering.

The Australian share market has slipped in early trade, as overnight declines on Wall Street and a pullback in commodity prices weigh on investor sentiment.

Fat cat cull

The share market has lost ground as falls in the heavyweight financial, mining and health care sectors outweighed a good session for retailers.

England is 2/55 in the early stages of its chase of 354 after Australia was dismissed for 138 in the second Ashes Test at Adelaide Oval.

Maitri Patel is hoping her Bollywood-inspired fitness regime will match the success of Zumba.

Perth-based security services provider Threat Protect has expanded its customer base on the east coast with the $2.4 million purchase of two NSW security monitoring businesses.

Western Australia's automotive industry has registered a second straight month of strong growth in new vehicle sales relative to 2016, with solid increases in purchases of light and heavy commercial vehicles in November.

Finders Resources has urged its shareholders to reject a takeover bid from Indonesian group Eastern Field Developments after independent expert Deloitte valued the copper miner well above the 23 cents offer price, despite Finders' share price continuing to hover near that mark.

The Reserve Bank has left the cash rate unchanged at 1.5 per cent, with the central bank remaining concerned about sluggish spending and wages growth despite an improving jobs market.

Decmil Group is well placed to secure a $275 million engineering contract for Chinese group Maoneng's 250-megawatt Sunraysia solar project in NSW, after signing a memorandum of understanding to complete early designs for the project.

Former high-flying Western Australian businessman Mark Povey and his wife, Catherine Paino-Povey, have been fined more than $500,000 for short-changing three overseas workers thousands of dollars in wages through the couple's contract cleaning company.

AWE shares have tumbled after the Chinese state-owned energy corporation interested in buying the Australian oil and gas group withdrew its $430 million proposal, after it was unable to conduct a final due diligence review on the target.

The Australian share market has fallen in early trade as the big banks remain in the doghouse with investors.

ATO eyes legal fight against BHP, Rio hubs

A new accelerator program for startups in the agribusiness sector will get under way next year after securing funding from the state government's Department of Primary Industries and Regional Development.