Politics & the Economy

Labor backs mining industry

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.

Major policy shift targets international students

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.

Easy money comes at a cost

OPINION: As welcome as they are for borrowers, the current era of ultra-low interest rates is creating the climate for a financial crisis.

Tinley primes WA for slice of Indonesia trade deal

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.

Business brokers target the upside

A successful year for GMO Business Sales masked what was an otherwise quiet year for brokers across the state.

Ports, utilities add $1.2bn to coffers

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.

McGowan pressures BHP, Chevron

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.

Bishop calls for moderation on global trade

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.

Citic resolution a key for China

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.

WA unemployment edges lower

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.

Federal Labor out of step

OPINION: The Labor Party is struggling to embrace a common view of why it lost the 2019 federal election.

Harvard's complexity call way too simple

A recent Harvard study that found Australia’s export economy lacks complexity may itself be something of an oversimplification.

11 contractors suspended by WA govt

The state government has banned 11 contractors for up to five years each, as a result of the Corruption and Crime Commission’s (CCC) investigation into the North Metropolitan Health Service.

Mortgage lending rebounds in WA

Housing finance provider Australian Finance Group says lending for homes in the first quarter of the 2020 financial year in Western Australia has rebounded from record low levels to reach its highest figure since the end of the 2017 fiscal year.

Climate protesters shut down Perth CBD

Climate activists have brought traffic to a standstill in Perth's CBD as streets were shut down and police arrested protesters causing disruption.

Transit Systems wins $144m pa bus contracts

SeaLink Travel Group’s $700 million takeover target, Transit Systems, has renewed two transport contracts in Western Australia worth around $57 million per year, as well as securing a new contract.

Unseen diversity in foreign ties

Australia is not as exclusively dependent on China’s economy as commonly perceived, according to research by Business News.

Busselton underwater centre catches funding wave

Busselton is set to have an underwater observatory, after the federal government committed $13 million to the project as part of its Regional Growth Fund.

Technology critical for materials revolution

Solutions to prevent a potential looming shortage of critical minerals can be found in Rio Tinto’s increasingly high tech operations, particularly in the Pilbara, according to corporate relations vice-president Brad Haynes.

The piper must be paid

OPINION: Sensible debate about the cost of progressive environmental policy is missing amid the noise from politicians and green activists.

Muddy waters in maintenance deal

The Water Corporation is refusing to release the details of a review it says backs a decision to insource a major maintenance contract, a move that runs counter to the economic reforms of recent decades.