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Sydney-based property fund manager and investment group CorVal has made a big acquisition in Western Australia, buying Northbridge office building WorkZone East from Charter Hall in a $68.2 million deal.

ANALYSIS: Memories of 2001 will be top-of -mind for many Liberal Party state executive members when they meet tomorrow to decide the preference recommendations for their how-to-vote cards ahead of next month's election.

Immersia has been developing augmented reality (AR) and virtual reality (VR) products and services since 2014, particularly in the safety training, mining and property development sectors, as well as for concerts and marketing.

The share market has gained ground thanks to strength among the big four banks, following Wall Street's rise to record levels.

Tax hit to foreign investorsAustralia hit a ‘‘historic low'' yesterday with the introduction of a politically motivated diverted profits tax (DPT) that will crimp the e

The Australian dollar is only fractionally higher against its US counterpart following a basically upbeat message from the local reserve bank chief.

Oil prices have held onto gains after an unexpected draw in US petrol inventories pointed to higher demand in the world's biggest oil market, although bloated crude supplies meant that fuel markets remain under pressure.

Gold has slipped from a three-month high in the previous session after robust US economic data pointed to a stronger economy, increasing the likelihood that the Federal Reserve will raise US interest rates.

Wall Street stocks surged to record highs on Thursday and the US dollar and bond yields rose after US President Donald Trump said he would release a "phenomenal" tax plan in the next few weeks.

A company associated with Builton appears to be manoeuvring to complete two of the biggest jobs of the failed development and construction company – the Quattro on Burswood and Vue Maylands apartment projects.

Retail property syndicator APiL has added to its Perth portfolio, buying bulky goods precinct Joondalup Gate for $57.8 million.

Metals explorer De Grey Mining has entered into an option agreement to acquire private company Northwest Nonferrous Mining Australia's Indee gold project near Port Hedland for $15 million.

Graphite-focused Talga Resources has named Orbital Corporation chief executive Terry Stinson as its new chairman, replacing Keith Coughlan who will remain with the business in a consultancy role.

The share market has edged higher as investors digested mixed earnings reports from the likes of miner Rio Tinto, investment manager AMP and AGL Energy.

Former Grant Thornton partner Matthew Donnelly and former Perth Airport executive Fiona Lander have brought to seven the number of external recruits to join Deloitte's Perth partnership in the past five months, offsetting moves by other partners such as Jenn Morris, who has retired from the firm.

Perth-based Ardea Resources has wrapped up its first day of trading on the ASX, after spinning out from Heron Resources and raising $5.2 million from investors.

Perth-based miner Mount Gibson Iron has started development of its Iron Hill mine in the Mid West after receiving final approvals, and hopes to begin producing by as early as May.

OPINION: Sales activity was up over the week, with Reiwa members reporting an increase in weekly sales to 688.

Sydney-based AGL Energy has said it would lose around $15 million in a bid to enter the Western Australian domestic gas market in the 2018 financial year, after it lodged a retailing application with the state's Economic Regulatory Authority.

Western Australia's financial outlook has worsened considerably in less than two months, with no return to surplus in sight and ballooning debt, pre-election projections show.

Leederville-based bicycle accessories maker Cycliq has recruited Vimy Resources boss Mike Young onto its board as a non-executive director.

Profit continues to fall for Optus despite the telco attracting many new customers, largely due to its exclusive coverage of English Premier League matches.

ANALYSIS: The Labor Party has moved quickly to snuff out any suggestion it will be pushing for a 50 per cent renewable energy target for the South West Interconnected System if it wins next month's state election.

The company building the national broadband network, NBN Co, says the number of homes and businesses connected to the network is now 1.6 million - double the same time a year ago.

A slip in the major miners is weighing on the Australian stock market as investors digest Rio Tinto's overnight profit result and investors bid up energy and industrial stocks.

Turnbull's class war fightbackPlans to raise the pension age to 70 have been put on the backburner and the government has forgone more than $2 billion in planned savings in a bid to convin

The Australian dollar is little changed against the US dollar which has been pressured by the decline in US bond yields as investors price out a March rate rise by the Federal Reserve.

Oil prices have gained slightly as investors covered short positions after a rise in US crude inventories was not as massive as many had feared, while petrol futures jumped nearly 4 per cent after a surprise decline in inventories of the fuel.

Gold has risen to a three-month peak, as political risks posed by elections in Europe and worries over US President Donald Trump's policies stoked safe haven demand.

Crothers Construction has been awarded a $12.7 million contract to perform additions and sewerage works at the Carnarvon Community College.

Shadow treasurer Ben Wyatt said he had no intention of raising taxes after the state election, while leaving wriggle room to do so, and declined to provide further details about how Labor's value capture proposal to partially pay for the Metronet rail package might affect residents living in proximity to stations.

The share market has gained ground due to strength among the big four banks, well-received earnings reports from Carsales.com and construction firm CIMIC, and a higher price for iron ore.