Latest Headlines

Data shows Perth's urban sprawl continues

New population data out today from the Australian Bureau of Statistics confirms the vast majority of Perth’s population growth can be attributed to the outer suburbs, while the city’s population increased 1 per cent in the last financial year.

Iluka Resources hit with class action

Iluka Resources has been served with a class action, with a group of shareholders alleging the mineral sands miner misled the market six years ago.

Perth inflation just 0.1% in March

Perth inflation was just 0.1 per cent in the March quarter, bringing the total increase in prices in the past 12 months to be just 0.9 per cent, well below the national average of 1.9 per cent.

Digital drive gives power to the people

Keeping pace with the changing demands of a digital marketplace is a challenge for many in business.

Aust stocks open higher as bonds sell off

The Australian share market has opened higher despite mixed leads from the US as optimism around global growth drives investors away from bonds and into shares.

From Heytesbury to BGC to Hancock

Business News has been tracking WA’s largest private companies for more than 20 years and found most have experienced big changes over that time.

Mining for local talent

The WA School of Mines should include new disciplines and postgraduate degrees to insulate it from the cyclical resources economy, and help it become a global leader in its field, according to three former students who are now industry leaders.

Heritage a Melbourne drawcard

The Melbourne Hotel is hoping its $40 million makeover, which aims to strike a balance between old and new, will give it a competitive edge in the Perth market.

Wall St flat as industrials offset oil

US stocks have seen little changed with gains in industrial and health care stocks offsetting the impact from falling oil prices, as investors kept an eye on rising US bond yields.

Oil higher as Iran sanctions fears ease

Oil prices rebounded from an early slide to finish higher and strengthen further in post-settlement trade, as investors feared US sanctions could dampen Iran's output.

$A falls to four month low

The Australian dollar has fallen to its lowest level in over four months, dragged down by lower US stocks and metals prices, as well as higher US bond yields, which are supporting a higher US dollar.

Morning Headlines

Paying down debt more important than tax cuts: voters

Cost increase at Gruyere project

Gold Road Resources has announced cost increases and schedule delays due to recent heavy rainfall at its half-owned Gruyere gold project near Laverton.

Sunrise secures $7m solar win

A solar power company founded by former Western Power manager Neil Danby and olympic basketballer Andrew Vlahov has picked up its first contract, winning $7 million of work for Image Resources’ Boonanarring mineral sands project.

Jaxon wins $35m aged care project

Craigcare has appointed local builder Jaxon to deliver its third aged care facility in Western Australia, located on Grandstand Road in Ascot.

Gains for ASX despite muted trading

The Australian share market has ended Monday's session higher, ignoring soft Wall Street leads with investors finding value in the big mining companies and the nation's largest lenders.

Perth Glory CEO Filopoulos to depart

The upheaval at Perth Glory continues, with chief executive Peter Filopoulos the latest confirmed departure from the A-League club.

Toro plans gold exploration

West Perth-based Toro Energy has announced a shift in strategy as the uranium-focused company begins a gold exploration program at its Lake Maitland project near Wiluna.

WA's world-leading telescope expands

The Murchison Widefield Array (MWA) has undergone a second round of developments, making the pioneering, Western-Australian based telescope 10 times more powerful in its effort to examine the origins of the universe.

ADC proposes new East Perth precinct

A private syndicate of local investors led by Australian Development Capital has contracted to acquire a state government site in East Perth where it plans to develop a town centre with residential, retail, office accommodation and community space.

Dismantling the status quo

SPECIAL REPORT: Alternative construction techniques and new technologies are changing the way we build.

Payments’ security under review

SPECIAL REPORT: Building company collapses leaving projects unfinished and subcontractors empty-handed have prompted calls for a different approach to assessing security-of-payment laws.

Apollo to spin-out Fraser Range assets

Perth-based Apollo Minerals has announced plans to spin-out its Fraser Range assets via an initial public offering, as the company focuses on its European tungsten and gold projects.

Big builds bring confidence

SPECIAL REPORT: Confidence is growing among WA's construction companies, with Business News research identifying at least $4 billion worth of major private and public projects starting to take shape and more investment planned. Click through for our list of key building projects under way.

GR preferred contractor for $93m project

Perth-based GR Engineering Services has been selected as preferred tenderer for a $93.1 million contract to design and build a processing plant for Capricorn Metals’ Karlawinda gold project near Newman.

Tape Ark demos an exploration first

Perth-based data management company Tape Ark has completed a world first for the oil and gas exploration industry by demonstrating real-time seismic data acquisition using cloud storage rather than traditional tapes.

App/tech business of the week- Mapizy

Mapizy uses machine learning to automate discovery of changes to the built and natural environments at scale, with a mission to quantify the changing planet and create advanced analytics for industry.

Walsh to chair national arts council

Former Rio Tinto chief executive Sam Walsh will take up the position of Australia Council of the Arts (ACA) chair, as of July, after almost two years on the board.

Energy, miners buoy Australian shares

Australian shares have opened higher, buoyed by energy and mining stocks, despite negative leads from offshore markets.