Latest Headlines

Energy shares provided spark and New Zealand raised rates, but there was little to make ASX investors move the market on Wednesday.

Hundreds of management and system control weaknesses have been found across state government departments, with a record number of red marks from auditors.

Tattarang has further expanded its portfolio of IT interests with an approximately $25 million investment in dark fibre infrastructure provider FibreconX.

Delorean Corporation has been selected to lead the construction of one of Victoria's largest food-waste-to-energy plants as part of a contract worth at least $40 million.

The looming vaccination deadline for some of the state's most critical industries will not exacerbate current labour shortages, Premier Mark McGowan claims.

Investment in the metaverse and beyond present opportunities for the local tech sector.

Pitcher Partners chair Bryan Hughes and his wife Mai are looking to take their fresh food box business to the Australian Stock Exchange via a $6 million IPO.

Dozens of consultants were engaged across WA's public sector in the first half of this year, with Infrastructure WA spending nearly $1 million on external advisers.

Two recent acquisitions have helped Deloitte extend its lead as WA's largest accounting and consulting firm.

Sales activity in Perth's new apartment market has slowed, as developers flag concerns about rapidly increasing costs amid competition with the residential housing construction sector.

Osborne Park-based Northfleet Transport has bought Kwik Logistics less than two weeks after the transport and crane hire business fell into the hands of administrators.

Perth-based fund manager Lester Group has snapped up Rockingham Central for $28.5 million, just months after construction on the commercial development was completed.

Travel provider Webjet has reduced its first-half losses as people resume travelling again in the pandemic.

Atlas maps out iron-clad profit for a third year

On today's episode of At Close of Business, senior journalist Claire Tyrrell investigates whether there's truth in the claim of renewed interest from investors in Perth's property market.

Fortescue Metals shares surged almost 10 per cent as ASX investors bought iron ore miners on the prospect of stimulus for a slowing Chinese economy.

Great Boulder Resources has lodged a prospectus to raise funds for copper-nickel-cobalt spin-out, Cosmo Metals ahead of a proposed listing in the new year.

Swick Mining Services is on track to demerge and list its Orexplore Technologies business, with a shareholder meeting scheduled for next month and documents submitted to ASIC.

Perth start-up Zipline has raised $6 million in a bid to double its employee base and launch its compliance software products in the US next year.

Kerry Stokes-backed developer Flagship has unveiled plans to build a 27-storey tower in the heart of Kings Square, situated in the $5.2 billion Perth City Link.

Northern Star Resources has exercised its right to acquire the 110 megawatt Parkeston power station in Kalgoorlie from Newmont Australia for $131 million ($US95 million).

There seems to be no real regulation to deal with phone and internet scammers.

Peppermint Grove neighbours best known for their business acumen are fighting in court over a sliver of land "hardly wide enough to accommodate a punnet of petunias".

Hancock Prospecting-owned Atlas Iron is the latest player to reap the benefits of a buoyant iron ore market, posting a $938 million profit for the end of the financial year.

Pindan's Singaporean owner has upped its deed of company arrangement proposal to $14.3 million, lodging the third and final offer ahead of the creditors meeting next week.

The development assessment panel has unanimously approved Sydney-based real estate investor Marprop's plan to build a $73 million apartment tower in Burswood.

Australia's involvement in the controversial AUKUS security pact will be put under the spotlight by a parliamentary committee.

Demands for those who won't get a jab

Limitless WA: The launch of Western Australia's first homegrown satellite has helped to take the state's space aspirations to new heights.

On today's episode of At Close of Business, senior journalist Claire Tyrrell reveals why there's a spike in indemnity insurance claims amid an overheating construction market.

Wide Open Agriculture has landed its first major distribution deal, signing an initial one-year agreement with Woolworths to carry the company's OatUP brand nationally.

ATCO's proposed $53 million green hydrogen plant in the state's Mid-West is another step closer to fruition this week after the local council backed its approval.