Qantas shareholders could be set for another windfall after the airline revealed it is on track for a record full-year profit, just two years after its biggest ever loss.
Education provider Navitas will end its affiliation with Western Kentucky University and has flagged the closure of several of its underperforming SAE colleges, in an effort to cut back on costs.
Eden Energy, which is seeking to commericalise its innovative concrete product, is looking to wipe out its debt by completing a $6.1 million capital raising, with its major shareholder committing to over a third of the offer.
The Australian share market is higher in early trade, on the back of positive cues from Wall Street, but the S&P/ASX200 remains below the crucial 5,000 level.
Global equity markets have swung between gains and losses, as volatile oil prices rebounded from multi-year lows while weakness in credit markets weighed on sentiment before an expected US interest rate rise.
Gold has fallen one per cent ahead of a Federal Reserve policy meeting this week, which is expected to announce the first interest rate rise in nearly a decade.
Traditional businesses were slow to wake up to the threat posed by disrupters such as Uber and Airbnb, but they're now warned and should prepare for further assaults.
German shipbuilder ThyssenKrupp is continuing to advance its case for the federal government's upcoming submarine contract, worth around $20 billion, partnering with Civmec to build a small demonstration hull in Perth.
VDM Group is expected to seek debt funding from its largest shareholder after a planned $18 million equity capital raising with an unnamed investor fell through.
The federal government's National Innovation and Science Agenda, released last week, has been well received by Western Australia's business community, despite mixed evidence that publicly funded incentives for research affect growth.
LandCorp is close to releasing prime land in the inner western suburbs, with its Shenton Park Hospital site one of 30 redevelopment opportunities across the state expected to deliver more than 14,000 homes.
Former resources minister Ian Macfarlane, who has served in federal parliament since 1998, says he'll use the Christmas break to contemplate his future, after Queensland's Liberal National Party said today it wound not support his switch to the National Party in Canberra.
The Australian share market has fallen sharply to close below 5,000 points - an important psychological level - as mining and energy stocks took a beating on lower prices for iron ore and oil.
Doubleview-based Ausnet Real Estate Services, which is backed by mortgage aggregator Finsure and led by chief executive Paul Niardone, is seeking an ASX listing through a reverse takeover of Namibian Copper, which saw its share price crash by more than 50 per cent after the deal was announced.
Perth conservationist Harry Butler has been praised for his work as a community educator and a partner with industry, after passing away on Friday following a lengthy illness.
Alternative construction techniques are gathering momentum in Western Australia, but not all builders are convinced that double brick's dominance is about to end.
Austal has won a $63 million contract to build two patrol boats for the Australian Department of Defence, with the terms of the deal signed with National Australia Bank including a buy-back clause.
The Australian share market has again slipped below the crucial 5,000-level in early trade on Monday, with mining and energy stocks inflicting the most damage.
Gold prices have bounced, erasing earlier losses as the US dollar and US Treasury yields fell, but was still on track for a seventh weekly drop in eight as investors positioned themselves for a likely US rate rise.
THE innovation and diversification of Californian businesses, and the rapid growth they have driven, hold valuable lessons for Western Australia's economic development, according to some of the state's leading policy minds.
The Department of Education is advising state schools against establishing new farmers' markets on their grounds amid growing demand for the popular weekend attractions.
This week we discuss the continuing weakness in commodity markets, and the local impacts from that, and the legal fallout from post-boom disputes, innovation and startups, Perron Group and residential home building.
