Wesfarmers has announced its second significant asset sale this month, with the disposal of the Australian and New Zealand underwriting operations of its insurance business to Insurance Australia Group (IAG) for about $1.85 billion.
Prime Minister Tony Abbott has reached a deal with the states and territories to cut red and green tape for major projects in a bid to boost the national economy.
Design proposals for the new Perth Stadium have been received from three private sector consortia – Confidem, Evolution and WESTADIUM – with a panel to announce the successful bidder for the project in mid-2014.
The Australian share market has broken a six day losing streak as bargain hunters picked up the banking and mining stocks that had fallen in value the past week.
Liquefied Natural Gas Limited has raised nearly $11 million to progress development at its Magnolia LNG project in Louisiana, while at the same time announcing it had appointed BNP Paribas as its p
Curtin University is in discussions with the founders of the Mundaring Truffle Festival about hosting the event at its Bentley campus in 2014, but the Shire of Mundaring hasn't given up hope over r
Perth-based GR Engineering Services has diversified from mining into the oil & gas sector, with the purchase of Melbourne company Product Solutions for $5.75 million.
Diversified conglomerate Wesfarmers has sold off its 40 per cent stake in industrial gas producer Air Liquide Western Australia to its national counterpart, Air Liquide Australia, for a profit
Etihad Airways has announced plans to launch daily flights between Perth and Abu Dhabi next year, meaning all three of the big Middle Eastern airlines will be operating out of Western Australia.
US stocks have closed lower after a surprisingly good retail sales report boosted speculation that the US Federal Reserve could soon scale back its stimulus program.
The Australian dollar is at a three-and-a-half month low following strong US retail data and after the Reserve Bank of Australia governor said he wanted the dollar around 85 US cents.
Education provider Navitas has extended its collaboration with La Trobe University, signing a 10-year renewal for its international student partnership.
Nedlands-based potash explorer Reward Minerals has copped a speeding ticket from the ASX after its shares soared more than 56 per cent higher in the space of a week.
The Fraser Range near Norseman has yet again cemented itself as an exploration hospot, with junior base metals explorer Classic Minerals shares soaring on the ASX today on news of a substantial new
Shares in Perth-based oil and gas explorer Kinetiko Energy have tanked after the company emerged from a trading halt with news of a heavily discounted share placement.
