Apache Energy is set to farm-in to the Canning Basin, signing a $25 million agreement to earn a stake in oil and gas exploration permits held jointly by Buru Energy and Mitsubishi Corporation.
MZI Resources has completed a $5 million equity raising, with international private equity group Resource Capital Fund boosting its stake in MZI to just less than 15 per cent.
Retail spending continues to improve, driven by department store sales, reflecting the bounce in consumer confidence since the September federal election.
The head of a Perth tax return franchise says plans to introduce automatic tax returns could see thousands of WA workers miss out on their full entitlements.
The state's first indigenous cultures museum is set to be up and running by 2017 with the help of $50 million from the University of Western Australia's New Century Campaign.
Labor must expand or die, according to Western Australian leader Mark McGowan, who has revealed plans for local party branches to hold meetings online.
The Abbott government is being urged to close a legal loophole after the Federal Court ruled against four Filipinos being paid less than $3 an hour to work on oil rigs off the West Australian coast.
Finbar Group has obtained planning approval to build 154 residential apartments at the Springs precinct in Rivervale, coming off an announcement last week of approval for a $170 million project in Subiaco.
Westpac has announced a record $7.1 billion full year profit, and the bank expects improving consumer confidence to help it build on the result next year.
US stocks paused this week following a stream of corporate earnings that were solid enough to maintain the year's gains, but not quite good enough to push the rally forward.
The Australian dollar is lower against the greenback, driven by good US data and talk that the US Federal Reserve could begin tapering its economic stimulus program sooner rather than later.
Struggling miner Mirabela Nickel says it is in discussion with financiers to come to an agreement which will allow it to avoid defaulting on its obligations.
Empire Oil & Gas says a move by its biggest shareholder ERM Power to replace Empire directors with its own representatives has compromised its relationships with contractors and caused disruption to the business.
Shares in Macquarie Group climbed to their highest level in four years after the investment bank's half year profit rose by 39 per cent to $501 million.
Gina Rinehart's Hancock Prospecting has notched up almost $2 billion in revenue and an operating profit of $601 million in the 2013 financial year, which makes it one of Australia's most lucrative private companies despite being the group's lowest profit in four years.
Good news is hard to find in the resources sector, and even harder to find in the case of assets that are offered for sale but fail to attract an acceptable bid.
Tiger Resources has bolstered its finances with a $42.5 million capital raising as it works towards commissioning its Kipoi copper project in the Democratic Republic of Congo.
