Approvals for detached housing appear to have peaked for the time being, but multi-residential approvals are set to continue growing in the short-term, analysis of approvals statistics by the Real Estate Institute of Western Australia shows.
Perth-based explorer Hawkley Oil & Gas has entered into a binding term sheet for the sale of its Ukraine oil and gas operations to Black Star Petroleum in exchange for 600 million shares.
The rollout of major apartment projects is continuing in East Perth, with Finbar Group unveiling a new joint venture on Adelaide Terrace, and JAXON signing a $45 million deal to build the last stag
Woodside Petroleum has finalised an agreement with Noble Energy and Glencore International to farm in to the Tilapia Production Sharing Contract off the coast of Cameroon.
Education Minister Christopher Pyne has described Australian National University's controversial decision to divest its fossil fuels share portfolio as bizarre.
Oil prices have slid lower, with Brent hitting a four-year low, on oversupply worries heightened by OPEC signals that producers have no intention of cutting output.
Gold has advanced to its highest level in nearly four weeks as worries about global economic growth weaken the US dollar and spur investor appetite for a haven.
Belt tightening among Western Australia's mining equipment hire operations, miners and mining contractors is pushing record volumes of yellow equipment into auction yards.
A $9 million plan to redevelop the Cannington Exhibition Centre and Showgrounds has hit a potential roadblock, with a key component of the proposal - a new Bunnings Warehouse at the Albany Highway site - forced back to the drawing board over traffic concerns.
Australian resources companies are under-represented in Latin America's mining sector despite its attractive operating environment, according to a seasoned player in the region.
Mermaid Marine Australia employees at the Dampier Supply Base will stop work on Wednesday for five days, while negotiations continue around wages and job security.
A buyer is understood to be circling the Port Geographe development near Busselton, potentially ending years of uncertainty for the blighted marina project.
Housing finance for owner occupation fell 2 per cent in seasonally adjusted terms last month, according to the Australian Bureau of Statistics' August figures.
New and established players in the management consulting sector are beefing up their practices, undeterred by the slowdown in project work in the mining industry.
A joint venture between AusGroup and Japanese-based Meisei Industrial has won a $197 million subcontract for industrial work at Inpex's Ichthys liquefied natural gas project near Darwin.
