Latest Headlines

Mixed fortunes for charity events

The Channel 7 Telethon Trust achieved another fundraising record over the weekend, raising $38 million for medical research, but its success has not been shared across the charity sector, with Variety WA’s Carols by Candlelight the latest of several events to be cancelled due to a lack of financial support.

Palmer, Citic in legal stoush

Clive Palmer has launched legal action against CITIC over environmental rehabilitation funds for the massive Sino Iron project in WA, just days after his estranged Chinese joint venture partner started separate litigation.

Australian share market closes lower again

The Australian share market has closed lower, giving up most of last week's gains in a single session.

RAC invests in $15m EV chargers

The Royal Automobile Club of WA has invested in Sydney-based Chargefox’s $15 million rollout of electric vehicle charging stations across Australia, which includes two in Perth.

Agribusiness chews on challenges

SPECIAL REPORT: The state’s agriculture sector has been ruffled by falling exports and revenues, coupled with growing animal welfare concerns and international competition.

Mid-tier miners iron out positions

SPECIAL REPORT: Acquisitions and pricing discounts are shaking up the rankings of WA’s main iron ore exporters.

Exports jump as outlook improves

SPECIAL REPORT: Gold Corporation, Alcoa, Roy Hill and Chevron have all posted higher revenue numbers in Business News’ annual analysis of WA’s biggest exporters.

Woodside, ENN pursuing options

Woodside Petroleum has signed a cooperation agreement with Chinese gas company ENN, while it is continuing work on the Scarborough, Browse and Pluto projects.

Marketforce pair launches Longreach

Former Marketforce executives John Driscoll and Angela Nutton have jointly established a new media buying and consulting group, adding to changes in Perth’s advertising market.

BCI in $35m iron ore sale

BCI Minerals has sold its Kumina iron ore project in the Pilbara to Chris Ellison-led Mineral Resources for $35 million.

Strike in $16m Perth Basin bid

Strike Energy will extend its position in the Perth Basin, announcing it will acquire UIL Energy in a deal valued at around $16 million.

GR wins $US18m Strandline contract

GR Engineering Services has secured a $US17.6 million contract ($25 million) to design and build a processing plant for Strandline Resources’ Fungoni mineral sands project in Tanzania.

Western Areas approves $299m Odysseus

Nickel producer Western Areas has given the green light to develop its Odysseus project following completion of a definitive feasibility study, which detailed a capital cost of $299 million.

EPA given $3.3m boost

The Environmental Protection Authority will receive a $3.3 million funding boost to deal with a recent spike in proposals in Western Australia, with the government also announcing plans for a scheme to allow the outsourcing of some assessments.

Sanderson to replace Cowan as ECU chancellor

Edith Cowan University’s longest-serving chancellor, Hendy Cowan, will retire from his position after 14 years in the role.

Kidman studies show $1bn capex

Kidman Resources says development of its planned Kwinana lithium refinery and Mt Holland project near Southern Cross will cost up to $US755 million ($1.06 billion) and generate about 700 jobs.

ASX suffers open drop amid Wentworth storm

The Australian share market has dropped at the open, with Wall Street proving a poor ballast as uncertainty swirls in the wake of the Wentworth byelection.

Morning Headlines

PM holds policy ground amid byelection belting

US S&P 500 slips on rates concerns

The US benchmark S&P 500 stock index has closed a touch lower as strong earnings from Procter & Gamble Co were offset by ongoing concerns about rising interest rates and tensions over trade policy denting economic growth.

Oil up, but ends week down on stock build

Oil prices have risen on signs of surging demand in China, the world's number two oil consumer, although prices were headed for a second weekly decline on swelling US inventories and concern that trade wars were curbing economic activity.

Gold firms to post third week of gains

Gold prices have edged up for a third straight week of gains, supported by robust technical momentum and a softer dollar.

Banks, energy lift but ASX in the red

The Australian share market closed flat, with banking stocks clawing back from a weak start after heavy overnight losses on Wall Street.

Cold lightning keeps food fresh

A new technology being tested across a range of fruit and vegetable industries is keeping food mould-free, and has the potential to reduce waste and increase yield.

WA driving holidays to boost tourism

Tourism Minister Paul Papalia says an international campaign promoting driving holidays in Western Australia launched today by the state government will encourage visitation to the state.

Austal wins $80m US Navy contract

Henderson-based shipbuilder Austal has won a $US57.9 million ($80 million) contract with the US Navy to build a 103-metre catamaran.

Mark my words podcast

PODCAST: In this podcast Mark Pownall and Mark Beyer discuss waste-to-energy development, Port Hedland property, Airbnb regulations, unemployment, tech listings, and our special report on WA's biggest exporters.

Barminco confirms $335m extension

Barminco has been awarded a four-year extension to two mining services contracts at Gold Fields’ Agnew mine near Leinster, worth a combined $335 million.

QEM in $5m IPO

Vanadium-focused QEM, which features experienced mining executive Daniel Harris on its board, began trading on the ASX today after completing a $5 million initial public offering.

Irvine writes his menu for On The Point

Mining services entrepreneur Neil Irvine has doubled down on his investment in the hospitality sector to take full control of the $40 million-plus On The Point precinct.