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In this Business News podcast, Mark Pownall and Mark Beyer discuss World Trade Centre, UWA, uranium mining, conventions and conferences.

Labor to keep ministerial control on projects

The Labor Party moved swiftly today to reassure the business sector that it would not hand over responsibility for project approvals to an independent tribunal, after reports it was considering such a change.

Govt targets $80m annual saving from ICT contracts

The Barnett government is hoping to slash its spending on information and communication technology (ICT) infrastructure by up to 25 per cent after signing contracts today with three international vendors.

WA behind in digital marketing: report

About a third of Western Australian small businesses don't invest in digital marketing, according to a recent report by consultancy Alyka, although around 51 per cent of the sector are planning to spend more in that sphere in 2017.

Poynton sets up new digs in CBD

The lure of increasingly affordable commercial rents in the CBD has drawn boutique investment advisory firm Jindalee Partners from Subiaco.

Resolute recruits de Bruin

Resolute Mining has become the second Western Australia-based mining company to appoint a female executive to one of its top jobs within the past week, with Lee-Anne de Bruin to take over as chief financial officer next month. 

Shares close 37pts lower

The Australian share market has closed lower as investors remain cautious ahead of Donald Trump's swearing-in as US president.

Aurora in venture with WorleyParsons

Shares in Aurora Labs were higher on the announcement of a commercial venture with engineering business WorleyParsons to incorporate its metal 3D printing technology into operations across a number of industries.

Builton close to collapse

Residential construction outfit Builton Group is closing its doors, becoming the second local homebuilder associated with Tim Guest's Infinite Wealth to go bust in as many years.

Perth uniform supplier wins $96m govt contract

A Belmont-based, family-owned uniform supplier has won a $96.5 million contract to continue providing its services to the state government over the next 10 years.

Huntsman launches $4.5m IPO

Perth-based gold exploration company Huntsman Resources is seeking to list on the ASX with the launch of its prospectus for a $4.5 million initial public offering.

Doray names Kelly's successor

Doray Minerals has found a permanent replacement for its recently departed managing director Allan Kelly, appointing Leigh Junk to the role with a larger base salary than his predecessor.

Santos tops guidance after strong quarter

Oil and gas producer Santos has topped its guidance for 2016 with a 7 per cent rise in production and a 31 per cent jump in sales, boosted by the ramp-up of its Gladstone liquefied natural gas plant in Queensland.

Shares open 29pts lower

Losses across the heavyweight resource and financial sectors have pushed the Australian share market lower as investors keenly await a flurry of Chinese economic data.

Oil prices up from one-week low

Oil prices edged higher on Thursday, but swelling US crude stockpiles limited the rebound from a one-week low after the International Energy Agency said oil markets had been tightening even before cuts agreed by OPEC and other producers took effect.

Morning Headlines

Support much higher than poll stats: Hanson

Gold prices rebound to close steady

Gold steadied on Thursday, giving up earlier losses as the US dollar and US bond yields pared gains, following earlier pressure from strong US economic data and support from Federal Reserve Chair Janet Yellen for higher US interest rates.

$A up against US dollar

The Australian dollar is up against the US dollar ahead of US President-elect Donald Trump's closely-watched inauguration and speech.

Pakistan make 7-263 in Aust ODI in Perth

Australian wicketkeeper Matthew Wade missed the easiest of stumpings as Pakistan posted 7-263 in today's one-day clash at the WACA Ground.

Outback WA housing market the nation's worst

Outback Western Australia is the worst-performing property market in the nation, according to a new report by ratings agency Moody's, which also found housing prices in Perth have fallen by 8 per cent since peaking in December 2014.

Higher production at Woodside

Oil and gas producer Woodside Petroleum achieved a 3 per cent lift in production in calendar 2016, although the company expects output to fall by up to 12 per cent in the year ahead.

BHP strikes deal to settle Samarco claim

BHP Billiton has reached a near $1 billion deal with Brazil's federal prosecutor to settle a civil claim over the fatal disaster at its Samarco joint venture.

Navitas partners with Idaho university

Education services provider Navitas has secured its eighth partner in North America following today's announcement that it has signed an agreement with the University of Idaho.

This week's property round-up

OPINION: Sales activity experienced an expansion over the week with REIWA members reporting an increase in weekly sales to 535.

Shares close 13pts higher

The Australian share market gave away most of its early gains but still finished slightly higher as weakness from most of the big banks countered support from an upbeat outlook on the US economy and a profit upgrade from market heavyweight CSL.

Red 5 faces delays at gold mine

Gold miner Red 5 will be forced to put its Siana operations on temporary standby by the end of the month after running into regulatory delays for construction of new infrastructure.

Whittens wins work on NSW wind farm

Local concrete construction business Whittens has won a $15 million contract with a joint venture comprising Monadelphous Group and ZEM Energy for work at the Sapphire wind farm in New South Wales.

Jobless rate improves in WA

The state's unemployment rate dropped 0.3 percentage points in December to 6.6 per cent as the number of women in the labour force eased slightly, according to the latest Australian Bureau of Statistics data.

NSW premier quits politics

Mike Baird has made a shock announcement this morning, saying he will immediately resign both as premier of NSW and from politics altogether, before revealing a number of serious family health issues.

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