Perth-based oil and gas company Antares Energy has received a fresh $US300 million offer from an undisclosed party for its Permian Basin oil and gas assets in Texas, less than six months after it backed out of a previous sale agreement.
Asian markets have rallied after the United States said its economy created more than a quarter of a million jobs in June, sending Wall Street to new records and boosting the US dollar against the yen.
Norton Gold Fields is poised to succeed in its Bullabulling Gold takeover bid after the Perth explorer begrudgingly accepted the increased takeover offer of 8 cents per share.
Graphite and nickel exploration company Kibaran Resources has raised $3.1 million through a share placement, just months after it completed a similar placement in February.
In this week's edition of Business News Background, head of content Mark Pownall and other reporters discuss the top stories of the week, including Gina Rinehart's move into beef processing, Michae
Western Australian small-cap explorer Impact Minerals has announced a successful $2.59 million capital raising to fund drilling projects in New South Wales.
Perth-based online movie streaming and DVD rental provider Quickflix has completed a share placement and board restructure with the appointment of a new non-executive director and new corporate advisers.
Jolimont-based Roxby Architects has won the George Temple Poole award at the WA architecture awards for its design of Toyota's Western Australian head office.
Woodside Petroleum has confirmed it will be the anchor tenant at Capital Square, signing a memorandum of understanding with the site's developer, AAIG.
The Australian Greens have urged environment minister Greg Hunt to listen to the large group of scientists and experts rejecting Colin Barnett's shark cull.
Australian stocks are higher for the third consecutive day, following the lead of US markets which rallied to fresh highs on strong jobs growth figures.
Gold prices have ended lower, after better-than-expected jobs data showed the US recovery may be gaining traction, prompting traders to take profits on the precious metal's recent gains.
Wall Street rode improving economic data to fresh records this week, spawning comparisons to July 4 fireworks on the eve of the US Independence Day holiday.
The economist behind Australia's direct action emissions reduction scheme has told a Perth audience he predicts politicians will continue to change their position on climate change policy as the new Senate gears up to vote on the proposed repeal of the carbon tax.
Commonwealth Bank boss Ian Narev has apologised to customers hurt by misconduct in its financial planning business, but critics have hit out at the bank's latest review into the maligned division.
