The ongoing COVID-19 outbreak and event cancellations has pushed Perth streetwear brand Live Clothing into liquidation, with owners hoping to find a buyer to save the business.
The cash rate could be expected to rise over time to 2.5 per cent, RBA governor Philip Lowe has said, while the central bank forecasts inflation could get worse before it gets better.
Inflated flower costs and nearly two years without large-scale events have forced prominent Perth florist Matthew Landers to shut his business after 15 years in operation.
The unemployment rate among women in Western Australia is just 3 per cent, the lowest since 2008, with the state posting a sharp improvement in the jobless rate in March.
Almost 25 years after rapper The Notorious B.I.G. released hit Mo Money Mo Problems, the song title may serve as a cautionary warning for central bankers.
Cash Converters has booked stronger revenues for the half-year despite losing a quarter of its trading days to the pandemic, but a revaluation of its stores has hindered the Perth-founded franchise's bottom line.
Wesfarmers says roughly 34,000 trading days across its stores were affected by pandemic restrictions, resulting in a 14 per cent profit fall and a leaner dividend.
The AMWU will take an ongoing labour dispute with The West Australian to advertisers JB Hi-Fi and the Good Guys today, as a lockout of newspaper printers nears two weeks.
An Instagram post by influencer Khloe Kardashian using Mermade Hair’s signature waver led to the biggest ever monthly sales for the Mt Lawley-based e-commerce business.
The rail line between WA and the east coast is open after being closed for a record 24 days, but supermarket shelves could take four to six weeks to be restocked.
Australia’s competition regulator has given the all clear for Wesfarmers to acquire Australian Pharmaceutical Industries, a key condition needed to close the deal.
Shortages on Perth supermarket shelves could last until late March, although the reconnection of the state’s rail link with the east is now expected next week.