Latest Headlines

WorleyParsons has sold subsidiary company Exmouth Power Station to Canadian asset management company Fengate Capital Management in a $19.6 million deal.

Premier Colin Barnett has hit out at Perth local councils for imposing big increases in annual rates.

Services on the famed Perth-to-Sydney train, the Indian Pacific, will be cut and pensioner ticket prices hiked as its operator tries to make up for a $9 million federal budget cut.

Australia's unemployment rate unexpectedly jumped to a six-month high of 6.3 per cent in July, pushed up by a surge in the number of people looking for work.

Perth's commercial property market got a dose of good news/bad news this morning, with the office vacancy rate slightly lower than it was expected to be at 16.6 per cent, however it was the highest

The Australian share market has opened lower.

The Australian dollar is higher despite strong US non-manufacturing activity offsetting softer US employment figures.

US stocks have finished mostly higher following mixed economic data, but a disappointing earnings report from Disney has weighed on the Dow.

Oil prices have fallen after a US government report showed an unexpected rise in petrol inventories and an increase in oil production amid global oversupply worries.

Gold has eased, hovering above the recent five-and-a-half-year low on earlier pressure from the US dollar as US services sector data revives expectations of a US interest rate rise as early as September.

The unemployment rate is expected to rise slightly as slowing jobs growth fails to keep up with population growth.

The share market has fallen as gains by miners were more than outweighed by falls in all other sectors.

ASG Group has announced a new $40 million contract with Western Power, joining Zetta Group and Nextgen Group in winning new information and communications technology contracts with the utility.

Bunnings' property arm has lodged a full-year net profit of $210 million, buoyed significantly by increased valuations of its portfolio.

Western Australian automotive sales have gone against the national trend for the month of July, down nearly 13 per cent on those of July 2014, despite a national increase in sales.

Transactions are flowing this week in commercial property, with $11.5 million in fresh deals indicating owner-occupiers are starting to take advantage of a competitive market for buyers.

MLG Realty boss Marcus Gilmore is refocusing his efforts on his real estate business, which specialises in apartment sales, putting the Newman Hotel up for sale.

The state government will provide a free, confidential drug and alcohol counselling service for fly-in, fly-out (fifo) workers and others who work away from home.

Yassmin Abdel-Magied decided years ago to view her gender, ethnicity and faith as unique opportunities to enact positive change.

The Bishop expenses scandal is a clear example of how out of touch the political class is with everyday Australians.

The state government has awarded Brookfield Multiplex the design and construction contract for the $207 million Karratha Health Campus.

Cracks are appearing in Australia's housing construction boom, with fears it will peak in the next 12 months.

Skilled Group has suffered a full-year loss of nearly $17 million due to write-downs linked to its impending takeover by rival labour hire business Programmed Maintenance Services.

Probuild's redevelopment at Cloisters on Hay has been named the state's best construction project for 2015, ahead of 68 other entries at the Master Builders-Bankwest annual awards.

The benefits of modular construction are starting to be known, but significant hurdles remain for it to become an industry standard.

The end of the resources boom has resulted in a bleak prognosis for Pilbara property, but not all players think the region is on its last legs.

Brisbane-based law firm Shine Corporate has made its second acquisition in Western Australia, paying $13.3 million for personal injury specialist Bradley Bayly Legal, after paying a higher price last year for Stephen Browne Personal Injury Lawyers.

The Australian share market has opened lower.

While it's a close call, chances are the Reserve Bank of Australia will cut rates again before year end reflecting the poor business investment outlook, greater than expected weakness in commodity prices, and the $A remaining too high.

US stocks have finished lower following a mixed batch of earnings reports and another big decline by technology giant Apple.

Oil prices have risen modestly snapping a three-day skid as traders await key data on US petroleum supplies and employment levels.

The Australian dollar is virtually unchanged, with a push for a US rate hike from a Fed boss offsetting favourable comments from the Reserve Bank of Australia.