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WA building approvals down, Perth unaffordable

Building approvals in Western Australia have dropped to the lowest levels in 16 years, according to the latest figures from the Australian Bureau of Statistics, while a new housing affordability survey has labelled the Perth housing market ‘severely unaffordable’.

Western Force could get a lifeline in 2021

New Rugby Australia chief executive Raelene Castle has left the door ajar for the Western Force to return to the fold in 2021, but the Indo Pacific Rugby Championship remains in limbo.

Cooper & Oxley on the brink

Cooper & Oxley Builders, which is one of the 10 largest construction companies in Perth, has suspended work on its projects while it reviews its financial viability.

Asic blocks Quintis growers’ plan

Quintis investors hoping to appoint a new ‘responsible entity’ to have oversight of their sandalwood project will need to change plans after the corporate regulator said their two preferred entities were not eligible to take the role.

The computer made me do it

The rise of robo investment advice will prompt those with long memories to recall what happened last time computer algorithms were used to manage investments.

Builder collapse hits 55 homes

Western Australian builder Choiceliving (WA), which trades as Choice Living Homes, has been placed into administration less than one week after its building contractor registration was suspended.

Robots to replace 50% of miners

Robotic technology and the internet of things will dramatically change employment patterns, accident rates and digging costs in the mining industry over the next three years, business advisory firm BDO has boldly predicted.

Investec wins Landgate role

The state government has selected investment bank Investec as its commercial adviser on land registry agency Landgate, adding to speculation it is a likely privatisation target.

Carnegie JV in Kalbarri microgrid win

A joint venture between a subsidiary of Carnegie Clean Energy and contractor Lendlease has won $6.8 million of work to install and operate a renewable powered microgrid in the Mid West town of Kalbarri.

High-profile departures from Perth Modern board

Three high-profile business people have resigned from the board of Perth Modern School, just weeks after two other board members did not seek re-election, as the fallout from a governance dispute and a review by KPMG continues.

Online trade shifts hours debate

As part of the 25-year Business News anniversary, we take a look at how the retail trade debate has changed.

Genome helps breed better breads

Scientists are refining the information needed to cross-breed wheats for improved crop yield and bread production.

Cormann to be acting PM, Turnbull changes code of conduct

Western Australian senator Mathias Cormann will be Acting Prime Minister next week, with Malcolm Turnbull and Julie Bishop overseas and the embattled Barnaby Joyce to take leave.

Beer, spirit producers to win from red tape cut

Cutting red tape for wineries, breweries and distilleries, and changes to procurement laws to favour local businesses were two measures to support economic recovery highlighted by Premier Mark McGowan at a Business News Success & Leadership breakfast this morning.

Langoulant review says former govt didn’t have a plan

A review of Barnett government programs and projects has identified a raft of shortcomings in governance, project management and financial management, and listed Royalties for Regions as the single biggest problem.

Could it be cocktail hour in Kal?

International investors are rotating their funds into commodities such as industrial metals, which could be good news for WA, and Kalgoorlie in particular.