Latest Headlines

Crown Resorts shares have soared after the casino operator confirmed talks with Wynn Resorts over a $10 billion cash-and-scrip takeover proposal by the Las Vegas gambling giant.

Australian shares have opened marginally lower, with falls from the big banks offsetting a positive energy sector.

TAB Sale rocked by industry ire

Oil prices rose up to 2 per cent overnight, hitting five-month highs, on expectations that global supplies would tighten due to fighting in Libya, OPEC-led cuts and US sanctions against Iran and Venezuela.

Gold rose 1 per cent overnight to briefly breach $US1,300 an ounce and remained at its highest in more than a week as the US dollar slipped and a recent equities rally paused.

The process for obtaining liquor licences in Perth has become less clear after the Commissioner of Police successfully challenged approvals for a new Dan Murphy's store in Rockingham.

Local timber businesses have about $100 million of investments in planning as they hope to benefit from demand for environmentally friendly products.

Major WA agribusinesses plan new investments to create scale and efficiency, while smaller operators are cooperating to access new markets with niche products.

Kalium Lakes' proposed $284 million Beyondie sulphate of potash project has been recommended for approval by the Environmental Protection Authority.

The state government has attracted just two bidders, both headed by Spanish-owned companies, for its signature Metronet rail projects, despite altering its contracting strategy to boost market interest.

Australian shares have started the week on a positive note as investors hope for a US-China trade deal, with miners, the energy sector and health care posting the most gains.

WeDispatch was formed when Dublin-based WeBringg acquired Perth-based Spatula.io in July 2018, and the software development team continues to be based at IQX at the University of Western Australia.

Intermodal Group has announced a strategic partnership with QUBE Holdings in Western Australia, as the North Quay Rail Terminal (NQRT) goes up for tender.

Large businesses that offer 30-day payment terms to their smaller business partners rarely pay on time, a new study shows.

Medical researchers targeting reduced hospital readmissions, off-the-shelf cancer therapy, and 3D bone printing are among those to have benefitted from the Royal Perth Hospital Medical Research Fou

Wesfarmers has confirmed it engaged in discussions with the Malaysian government in regards to its takeover target, Lynas Corporation, as the rare earths miner revealed it may set up processing operations closer to its Mount Weld mine near Laverton.

Mark Pownall talks to former University of Notre Dame Australia vice-chancellor Celia Hammond about her early life, career and running for the federal seat of Curtin.

A focus on high-end retail and a unique shopping experience are key factors driving Bethany James' latest move.

Swick Mining Services has announced $210 million of new work, but failed to extend three contracts at Australian gold mines.

A former federal Labor minister has entered the race for Julie Bishop's seat of Curtin in the upcoming election.

Australian shares have climbed higher at the start of trade, led by the healthcare and energy sectors.

Labor to run star candidate in Curtin to disrupt Liberals

Oil prices gained 1.5 per cent on Friday as strong US employment data tempered fears about weakening global crude oil demand, and on expectations that an escalating conflict in Libya could tighten oil supplies.

Gold eased on Friday as Wall Street gained on data pointing to a rebound in jobs growth in the United States but bullion's losses were limited by a simultaneous slowdown in wage growth.

A joint venture between Perth-based Clough and Italy's Salini Impregilo has been awarded a $5.1 billion engineering, procurement and construction contract for the federal government's Snowy 2.0 project.

Malaga-based Eneco Refresh, formerly Refresh Group, has used its stronger balance sheet to expand into the Northern Territory with the purchase of a bottled water factory in Darwin.

The Australian sharemarket has slumped lower for a second straight day, leaving it flat for the week.

Farmed prawns producer Seafarms Group has raised $20 million via a share placement, and will conduct a share purchase plan to raise up to $4 million along with a $3 million debt-to-equity conversion.

Woodside Petroleum has signed a heads of agreement to supply liquefied natural gas to China's ENN Ecological Holdings for 10 years from 2025.

Commercial property in Perth is emerging as a value proposition for national investors as east coast markets pass their peak.

A group of mid-tier contractors has banded together to lobby for the federal government to introduce tougher rules on the flow of work from infrastructure projects.

Perth's residential market will be challenging in the short term, but fresh research shows the city is ripe for investment as the Western Australian economy continues to improve, new housing supply continues to slow, and dwellings remain affordable compared to other markets.