PODCAST: Mark Beyer and Mark Pownall discuss housing challenge, state stimulus, Primewest IPO, big mining royalties, lithium, tech incubator, and our special report on commercial property.
Labor has walked away from its planned major redistribution of income, and sought to clarify confusion over coal mining that cost it at the last federal poll.
Gina Rinehart's Hancock Prospecting and its subsidiary Roy Hill Holdings have delivered bumper profits off the back of higher iron ore prices, with Hancock posting a profit of $2.6 billion for the year to June 2019.
Rechabites Hall in Northbridge was officially relaunched as a 1,500-capacity, multi-use venue earlier this month, with the overhaul driven by former Artrage chief executive Marcus Canning.
Artistic director Iain Grandage launched the 2020 Perth Festival program last night and announced the first week of the 24-day festival will be dedicated to First Nations performances.
Macquarie Group has lifted first-half profit 11 per cent to $1.46 billion and increased its interim dividend, but maintains its full-year result will fall short of last year's record.
Oil and gas explorer Strike Energy announced today it has raised $30 million through a share placement and is seeking an additional $5 million through a share purchase plan, primarily to fund the company's exploration and appraisal programs in the Perth Basin.
Orica has increased its shareholder payout after the explosives maker swung to a $245.1 million full-year profit despite $134 million in writedowns against IT and a WA ammonium nitrate plant.
Oil prices were nearly 2.0 per cent lower overnight after a leak on a key US pipeline disrupted supply flows and on data showing weak factory activity in China.
Gold prices jumped more than 1.0 per cent overnight supported by an interest rate cut by the US Federal Reserve and as uncertainty surrounding a US-China trade deal bolstered the metal's safe-haven appeal.
Planning Minister Rita Saffioti has confirmed the state government will assess whether Finbar Group's Civic Heart proposal in South Perth should have been approved, while at the same time another planning flashpoint is emerging in Melville.
Shoe retailer Betts Group has returned to profitability after cutting nearly 130 stores in the past two years, and chief executive Danny Breckler is confident the business is now on the right path.
Investors across Australia have backed Primewest's ambitions to expand its offering via an ASX listing, with the company confirming it has raised its targeted $100 million.
Victoria-based online mediation and arbitration service Immediation will officially launch in Western Australia on November 20, on the back of $1.8 million partially raised from local investors.
A recycling and waste management business led by Bob McKinnon and Tom Rudas has kicked off plans for a stock market listing, with the company hoping to “supercharge” its growth and turn recent loss
Biotech company Phylogica has announced plans to raise $26.8 million through a rights issue, fully underwritten by chairman and major shareholder Alan Tribe, with the proceeds used primarily to fund preclinicial studies for its leading drug molecule.
Cedar Woods Properties has acquired a 43-hectare site in Melbourne's north for $56.65 million to accommodate a master planned community of more than 500 lots.
Nickel-explorer St George Mining has completed an institutional-led placement to raise $5.8 in funding for its flagship project at Mt Alexander, in the north-eastern Goldfields of Western Australia.
Australia's peak medical group has released its latest annual scorecard on private health insurance and warned the country's private health system is on a "precipice".
Oil prices extended losses overnight after a steep US crude inventory build added to worries about a possible delay in resolving the US-China trade conflict which has hurt global oil demand.
Gold rose overnight on expectations of an interest rate cut by the US Federal Reserve but bullion held a tight range as caution set in with investors awaiting clarity on the central bank's future monetary policy.
