Dick Smith, one of Australia's best known electronics retailers, has been put up for sale, with lenders taking charge of the troubled company after it failed to secure a funding injection.
Gold prices have rallied two per cent to a four-week high, buoyed by rising tensions in the Middle East and a sharp drop in stocks following weak Chinese data.
US stocks have begun 2016 sharply lower, with the Dow marking its worst start to a year since 2008.It came after weak Chinese economic data fanned fears of a global slowdown.
Ailing iron ore miner Atlas Iron has done a deal with the majority of its lenders, who have agreed to a plan to cancel $US132 million ($183 million) of debt in exchange for equity in the junior exp
Listed sandalwood producer TFS Corporation and China-backed Kimberley Agricultural Investment have been selected as the preferred proponents to develop 5,000 hectares in the Ord River irrigation area.
The proportion of Perth homes sold at a loss hit a three-year high in the September quarter, with owners of CBD apartments the most likely to incur a loss
A Perth man who cheated Indonesian farmers out of more than $600,000 by falsely claiming to sell Australian cattle "greatly tarnished" business relations between the countries, a judge says.
Perth-based Swick Mining Services has won a number of new contracts and renewals with Newmont Mining, with 15 rigs expected to be in operation by early next year.
Oil and gas company Buru Energy has flagged job cuts and the sale of acreage in the Canning Basin to save costs, as a drilling contractor employed at Buru's Ungani project falls into administration.
Graphite players have had a soft 18 months, although some WA companies are developing new production techniques that might give them a leg up in the industry.
The competition watchdog is seeking market feedback after a fresh undertaking by Canada's Brookfield Infrastructure in its takeover battle for ports and rail operator Asciano, which includes the divestment of its bulk rail operations in Western Australia.
Brent crude oil prices have touched their weakest level in over 11 years on concerns of global oversupply, while Wall Street ended higher as investors went shopping after two days of sharp declines.
Gold futures prices are up than one per cent as weaker than expected US data and uncertainty about how fast the Federal Reserve will tighten interest rates next year weighed on the US dollar.
US stocks have ended stronger, helped by bounces in Apple and Microsoft as well as a rally in hospital stocks after more Americans signed up for subsidised health insurance.
The Turnbull government has sought to head off a Labor-trade unions scare campaign on weekend penalty rates by leaving any change to the independent workplace umpire.
Crane hire company Boom Logistics has flagged an $18 million impairment in its half-year profit, with a portion of the write-down relating to costs associated with the shutdown of its transport business in the Pilbara.
