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A Western Australian World War II veteran who passed away earlier this year at the age of 103 has donated $3 million to Murdoch University from his estate.

This year's Business News Rising Stars award winner, Seqta, has concluded a capital raising with support from a number of high-profile investors, including Mineral Resources chief executive Chris Ellison and chairman Peter Wade, Revel Systems investor Sean Tomlinson and Navitas co-founder Peter Larsen.

The liquidators of failed engineering contractor Forge Group have gained financial backing to pursue a claim worth about $200 million against Forge's former major shareholder.

A large-scale fish kill in Cockburn Sound was caused by an algal bloom, possibly associated with low levels of oxygen in the water, the Department of Fisheries says.

Rio Tinto expects to cut its capital expenditure from a previously forecast $US6 billion to around $US5 billion next year, but it's unclear if the new figure includes the expected cost of its proposed Silvergrass iron ore mine.

The Australian share market has closed almost 1 per cent lower as a steep slide in oil prices and a weaker price for iron ore weighed on the energy and mining sectors.

Taking a patient, but thorough, approach to building your name and your brand takes dedication and determination.

The announcement of a $1.1 billion ‘ideas boom' innovation package yesterday was well timed for Western Australia's startup sector, representatives from which had gathered at the Perth Town Hall for the annual West Tech conference and OzAPP Awards.

Parmelia Resources has announced plans for a reverse takeover of a NSW-based software company, while one of the first local companies to complete a backdoor listing has flagged a new acquisition.

The number of residential lots created in November in Western Australia was the lowest monthly result in nearly four years, with state government agency Landgate also recording its lowest levels of monthly activity since the beginning of this year across every type of land transaction.

Woolworths and Aldi have vowed to give suppliers more bargaining power following complaints against the supermarket giants' conduct.

Seafood producer and one of Western Australia's largest private companies, Kailis Bros, has been fined $10,800 by the consumer watchdog for misleading conduct.

Broadspectrum has suggested that Spanish infrastructure giant Ferrovial has undervalued the detention centre operator with its $715 million takeover bid.

Woodside Petroleum has formally abandoned its attempted takeover of rival energy company Oil Search by withdrawing its $11.6 billion bid.

The Australian share market has opened sharply lower after a steep slide in oil prices drove US stocks south.

PM to force universities to build business links

US stocks have fallen, led by the S&P energy index's biggest one-day percentage drop since late August as oil prices slid to their lowest point in nearly seven years.

The Australian dollar has been dented by declines in the global oil price.

Oil prices have skidded to their lowest level in nearly seven years, hurting the shares of major oil companies on Wall Street as a global glut showed no signs of abating, while European stocks benefited from a weaker euro.

A lack of vision from Perth planners of decades past has hamstrung efforts to get the most out of Perth's rail system.

Gold has fallen more than one per cent from the prior session's three-week high, after the US dollar gained from Friday's upbeat US jobs data that reinforced expectations the Federal Reserve will raise interest rates next week.

A Western Australian charity focused on improving the lives of Aboriginal children through exercise and nutrition programs has hired staff and increased the amount of work it's doing in several schools, following a major funding increase.

Sydney-based mobile app Swift has won this year's OzAPP Awards for its logistics dispatch service, which can be used to easily route deliveries and reduce transport costs.

CBH Group has confirmed half a tonne of canola grain was spilt into Cockburn Sound last month, as Fisheries experts continue to probe why more than 1,500 dead fish have washed up in Perth's south.

Stan Perron's vast private business group has reported a solid lift in revenue and profit, with strong returns from land development projects and international equities offsetting write-downs on the Central Park office tower and its iron ore royalties.

Bell Group has been in the news recently, which is an apt reminder of the downside of debt, considering the state of play in the resources sector.

The recent approval for an estimated $450 million expansion of Westfield Whitford City has added to a long line of shopping centre redevelopments proposed in Perth, although ongoing economic uncertainty is casting doubt on how many will actually go ahead.

State government-owned gold refiner Gold Corporation has had its longstanding national monopoly broken, with the accreditation of Sydney-based ABC Refinery by the London Bullion Market Association.

Sydney-based Pulse Health is set to enter the Western Australian market for the first time, with plans to buy the Waikiki Private Hospital and the Westminster day surgery.

A chance discovery many researchers may have dismissed as an error has brought about a series of surprising and rewarding events for University of Western Australia PhD student Callum Ormonde.

DEXUS Property Group has made a conditional, non-binding $2.5 billion cash and scrip bid to merge with the ASX-listed Investa Office Fund, which has a nationwide portfolio of assets that includes t

Iluka Resources has terminated its long-running takeover discussions with Ireland-based Kenmare Resources, after being advised that Kenmare's major shareholder would not support the planned acquisition.