Grocery wholesaler Metcash has lifted its first-half profit more than 20 per cent thanks to its exit from the Franklins line of supermarkets, but its underlyng earnings were weaker as it continued to be affected by deregulation WA and strong competition nationally.
Local councils, church groups and charities around Australia have reached a conditional settlement of their claim for roughly $180 million in damages lost on investments sold to them by Lehman Brothers Australia.
Boutique developer Match Group has announced a shift into property funds management, with a $4 million Bunbury town centre site its first acquisition to be placed into a trust.
Woodside Petroleum and National Australia Bank chairman Michael Chaney says the growing compliance burden on companies threatens to compromise their ability to deliver for shareholders.
ERM Power's Kent Quinlan has been seconded to the role of interim chief executive at Empire Oil & Gas as they look to permanently fill the role in the near future.
Gold prices have clocked their worst November since 1978, as a brighter economic landscape fanned fears of reduced stimulus efforts by the Federal Reserve.
Patrons of The Grocer will have to change their shopping habits next year if they want to enjoy the Claremont purveyor's range of Australian chorizo, French and Belgian chocolate, and Spanish jamon, among other specialty items.
Sundance Resources has outlined a new approach to funding its major iron ore project in West Africa, seven months after terminating a $1.3 billion takeover agreement with Chinese company Hanlong Mining.
Shares in Perth-based IT service provider ASG Group have risen nearly 18 per cent after chairman Ronald Baxter released upgraded earnings guidance today.
Undeterred by the high level of competition in the space, a Perth entrepreneur has launched an app which allows users to skip the queues and get onto guest lists at bars and clubs.
Western Australian business chiefs Kevin Gallagher, Gina Rinehart and Richard Goyder were recognised in separate awards events across the country last night.
The share market has closed slightly lower on a day marked by a sharp fall in GrainCorp shares after the federal government blocked a foreign takeover.
Nedlands company Advanced Geomechanics is hoping to extend its reach into the global subsea engineering market following its directors' decision to sell the business to Dutch multinational Fugro.
Higher demand for new housing is placing further pressure on the state's land supply, as a new report finds land sales are tracking at more than 40 per cent above the 10-year average.
Mining giant Rio Tinto will close its Gove alumina refinery in the Northern Territory, bringing the axe down on up to 1,500 jobs and an entire mining town.
Decmil has been awarded a $37.5 million contract for the design and construction of diesel fuel infrastructure at Hancock Prospecting's Roy Hill project in the Pilbara.
European banks will require 280 billion euros ($A421 billion) of extra capital in 2014 to meet reforms aimed at avoiding a repeat of the global financial crisis, according to a report.
