A jam-packed week of economic data and corporate earnings amounted to only modest movement in US equities, as stocks closed out a hectic week of news only somewhat higher.
Energy Minister Mike Nahan has lauded the increased transparency he expects will follow the launch today of two gas market reforms, which have raised industry concerns about added costs and excessi
Business News for Western Australia. Friday August 2. Jessica Taylor reports. Mike Nahan praises gas reforms. Federal budget takes $33bn hit. Paladin Energy cancels mine sale.
The Australian share market has hit its highest point in more than two months as good signs from the United States overshadowed weaker local economic forecasts from the federal government.
Business groups believe Treasurer Chris Bowen has missed an opportunity to improve Australia's competitiveness, encourage economic growth and provide jobs.
Paladin Energy has completed a heavily discounted capital raising after scrapping the sale of a stake in its flagship African uranium mine after it failed to attract a high enough bid.
Tony Abbott has moved to neutralise the issue of education ahead of the federal election by dropping his opposition to the government's school funding plan.
Casino operator Crown is shaking up its senior management in a move that sees its Perth resort boss promoted at the expense of his Melbourne counterpart.
Liza Harvey will become Western Australia's new tourism minister, replacing Kim Hames who was forced to give up the portfolio after admitting an expenses bungle.
The state budget to be delivered on August 8 is expected to remain in surplus, despite the government preparing for a further major reduction in GST revenue.
The Australian dollar has fallen to a fresh three-year low as strong US economic data raised the possibility the Federal Reserve will start winding down its economic stimulus program soon.
In a recent column for Business News I questioned whether there was a bigger issue driving the surprise FBT tax changes proposed by the federal government, and whether these were worth examination once the early hysteria had died down.
Copper, gold and nickel explorer Thundelarra has unveiled a raft of new cost savings measures, including staff cutbacks and executive pay cuts, as it seeks to reduce overheads.
Iron Ore Holdings is a step closer to kicking off its Iron Valley joint venture with Mineral Resources in the central Pilbara, after receiving approval today from the Department of Mines and Petrol
Business News for Western Australia. Thursday August 1. Shanna Crispin reports. Office vacancy rate increases. Perth house prices take a slight fall. Strike Energy raises $9.2 million and more.