Latest Headlines

Aussie shares finish strong for 2nd week

The Australian share market has finished the week with gains across the board on hopes the coronavirus crisis might be easing in the hardest-hit areas.

COVID-19 daily wrap: Premier says stay home at Easter

WA has reported 14 new infections, including two more healthcare workers in the Kimberley. Premier Mark McGowan has urged Western Australians to stay at home over Easter. Police will patrol Perth beaches over the long weekend.

Trajectory is positive, but how do we really compare?

A schoolmate of mine who is now hunkered down in his home base in the US city of Chicago emailed me the graphics in this article showing how his modelling showed Australia was doing compared to the US

Iluka withdraws FY20 guidance

Mineral sands company Iluka Resources has withdrawn its full year earnings guidance, citing market uncertainty as a result of COVID-19, but says it will proceed with its proposed iron ore royalty demerger.

Chart & Map Shop told to move on

Fremantle institution The Chart & Map Shop has been given 30 days’ notice to vacate the Collie Street property it has called home for 25 years, despite Prime Minister Scott Morrison last month calling for a moratorium on evictions.

Mark my words podcast

PODCAST: Mark Pownall and Mark Beyer discuss markets settle, rent relief, JobKeeper legislation, interstate FIFO, Seven Group, Lumiere apartments approved, distillery distinction, and our Great for the State feature on WA's health system.

Euroz flags $16m loss

Stockbroking and funds management group Euroz expects to report a loss of $16 million for the nine months to the end of March but said its trading activity is still profitable and it intends to pay a final dividend.

Tracking the stars on our horizon

It is fascinating what you can find in our rich world of data if you have the time and inclination. Clearly there’s more of both than usual for some people these days.

Two-year extension for development approvals

Planning Minister Rita Saffioti is offering developers a reprieve from uncertainty caused by the COVID-19 crisis, with a blanket two-year extension of development approvals expected to be announced later today.

ACCIONA wins Bayswater station upgrade

Spanish engineering group ACCIONA has been named as preferred proponent for the construction works for the $253 million Bayswater train station upgrade, beating out a rival bid from a consortium comprising Georgiou Group and Lendlease.

Biotech companies in $24m merger

South Perth-based Bard1 Life Sciences is forming a new cancer diagnostic business with a fellow listed medtech company in Victoria.

Time for rethink of State Agreements

OPINION: The big changes forced on the mining sector’s FIFO operations is a perfect example of how upheaval in business can present opportunities to improve when the crisis has passed.

Fini Group lodges DA for Murdoch medical precinct

Fini Group has lodged a development application to build a new $200 million medical and commercial precinct at Murdoch, highlighted by the state's first medihotel, but the project is at least a year behind its original schedule.

UWA moves courses online

The University of Western Australia has partnered with Microsoft to rapidly implement a remote learning solution that covers nearly all its courses, building on a package originally conceived to support international students unable to come to Australia early this year.

ASX surges early on strong Wall St lead

The Australian share market has surged at the open after US stocks were buoyed by hopes the coronavirus outbreak is reaching a peak.

Morning Headlines

Plea to PM: snap us back soon

Oil price up on hopes of production cuts

Oil futures strengthened late in the session, buoyed by hopes that OPEC and its allies will strike a production cut agreement on Thursday.

Gold steady as markets await Fed minutes

Gold prices held steady as investors awaited the release of minutes from the US Federal Reserve's policy meeting, which is expected to provide further clues on stimulus measures amid rapid surge in coronavirus cases.

Tackling COVID-19 in the home

Improving monitoring of potential COVID-19 cases in the community will reduce pressure on the healthcare system and stop transmission, according to proponents of a Western Australian telehealth consortium.

The end of the beginning, or the beginning of the end?

In November 1942, Winston Churchill famously said the German defeat at El Alamein represented not the end of the war, or even the beginning of the end but, perhaps, the end of the beginning.

ASX falls again as banks lose ground

The Australian share market has dipped in the final minutes of trade to close lower, with the banking sector suffering the most after an APRA suggestion to suspend their dividends and a downgrade to their credit ratings.

COVID-19 daily wrap: Parliament takes up $130bn JobKeeper legislation

The federal government’s $130 billion wage subsidy package clears its first hurdle, Western Australia records an additional 11 cases of COVID-19, and Premier Mark McGowan pledges millions to expand the state’s police force.

CBH meeting to determine director's future

CBH Group district four member director Trevor Badger has refused to resign after allegations he materially breached board confidentiality, forcing CBH Group to hold a special general meeting for growers to vote on whether to remove him.

Forrests lift Minderoo donations to $2bn

Andrew and Nicola Forrest have donated an additional $520 million to their philanthropic organisation Minderoo Foundation, bringing their total donations to $2 billion.

TV time at St Hilda's

St Hilda’s Anglican School for Girls has taken remote learning to the next level with the launch of its own online video channel, which aims to maintain students’ social engagement during the COVID- 19 pandemic.

Australia told COVID-19 puts credit rating at risk

A major global credit rating agency has put a dampener on the federal parliament's likely passing of a $130 billion stimulus package aimed at supporting the economy through the coronavirus pandemic.

EQ a go-to when going gets tough

Kids and teens look to teachers and parents for how best to navigate crises from an emotional intelligence perspective.

Dacian Gold to raise $98m

Dacian Gold has announced details of a partially underwritten capital raising priced at just 30 cents per share as it seeks to strengthen its balance sheet and rebuild its mining operations.

SGH cites strong finances but withdraws earnings forecast

Seven Group Holdings has withdrawn its market guidance on the back of falling advertising revenue and declining oil prices, on the same day that Seven West Media criticised a report it was entertaining a prospective sale of West Australian Newspapers Holdings.