Prime Minister Tony Abbott has described it as a "conversation starter" but some issues in the government's tax discussion paper, released today, are already proving debate stoppers.
Sales from Western Australia's minerals and petroleum industries totalled $114 billion in 2014, up $200 million from 2013, according to the latest industry snapshot from the Department of Mines and Petroleum.
Gold has fallen, snapping a seven-day rally, as investors remained cautious ahead of comments from US Federal Reserve Chair Janet Yellen, but the metal still looked set to post its second straight weekly gain.
US energy giant Chevron is narrowing its Australian focus onto its Gorgon and Wheatstone gas projects, by selling its $5 billion stake in Caltex Australia and exiting an onshore gas project wh
Evolution Mining has confirmed media reports that it is in discussions on the potential puchase of La Mancha Resources' gold mine in Kalgoorlie, for a price understood to be around $400 million.
Investors didn't respond well to Southern Cross Electrical Engineering advising the market that it did not expect to report a profitable second half of the financial year.
Greater scrutiny by corporate regulators of backdoor listings on the ASX is not slowing the flow of new transactions, with six Western Australian companies announcing transformational deals in the past fortnight.
Energy Minister Mike Nahan's announcement earlier this week of the government's planned introduction of greater competition to the electricity sector has already spurred the growth prospects of one market entrant.
Shares in Perth-based Kibaran Resources surged on news it had received an offer from an unnamed institution to co-finance the company's Epanko graphite project in Africa, with a loan of up to $28 million.
Australians will have two years of their metadata stored by phone and internet providers after the Abbott government's controversial data retention laws passed parliament.
The economic rationale behind the plan may be sound, but the prime minister and WA premier need to tread carefully when it comes to closing remote communities.
Plans for a $70 million DoubleTree by Hilton Hotel in Karratha appear to be in disarray, with the developer behind the project unable to source the funds required to begin construction.
Oil prices have surged after Saudi Arabian jets struck rebel targets in Yemen, sparking fears that an escalating crisis in the country could threaten crude producers in the Middle East.
Gold has pared gains after hitting a three-and-a-half-week high, after a knee-jerk reaction to escalating tensions in the Middle East knocked stocks and drove investors into lower-risk assets.
