Latest Headlines

Refund point operators and processors taking part in Western Australia's container deposit scheme will receive more than $830,000 to help with financial hardship caused by COVID-19.

The University of Western Australia's new vice-chancellor plans to shift the institution's focus.

Rio Tinto said today it was planning a small-scale start-up mine at its Winu project in the Pilbara and sees potential for large-scale mining of its copper and gold deposits in the area.

National housing rents fell over the June quarter, with Perth one of only a few property markets to hold its rental values.

The palace letters have reopened some old wounds about the Whitlam dismissal.

PM willing to negotiate with WA in bid to get the borders back open

Oil prices rose overnight on hopes that stimulus efforts will help revitalise the US economy, but the gains were capped by rising coronavirus cases and tensions between Washington and Beijing.

Gold stormed to a record high overnight as investors sought refuge from the possible hit to a pandemic-stricken global economy from an escalation in the US-China spat, which pummelled the US dollar.

Australia's $20 billion extension of COVID-19-related support payments has joined an international wave of pandemic stimulus packages, which bring the total global spend beyond $US11 trillion.

The Australian share market has edged higher as investors await direction from Wall Street ahead of a busy week of economic data.

Shares in Alto Metals and Great Western Exploration were up today, with both explorers making progress on their gold projects in Western Australia.

Mining services company Emeco Holdings has reported a 39 per cent rise in operating net profit to record $87.5 million for the full year.

Gold producer Ramelius Resources is anticipating record output in the next financial year from its Mt Magnet and Edna May operations in Western Australia.

Perth-based Peel Mining will gain full control of the Mallee Bull copper project in NSW by buying out its joint venture partner for $17 million.

A Wembley Downs-based not for profit is seeking funds for what it believes is an effective solution to the provision of crisis housing.

Fund manager Perpetual Limited has agreed to buy a 75 per cent stake in US-based investment management business Barrow, Hanley, Mewhinney & Strauss LLC for $US319 million.

Business News offers a glimpse into Mathias Cormann's career ahead of a Politics & Policy breakfast on August 7.

Centaurus Resources says it will accelerate drilling activities at the company's Jaguar nickel project in northern Brazil using $25.5 million raised from a share placement.

Takeover target Cardinal Resources has recommended shareholders vote in favour of the recently-improved proposal from Shandong Gold, which is offering to buy Cardinal for around $395 million.

The state government has foreshadowed more big spending initiatives to boost the economy but been criticised for the lack of detail and not including tax reform.

Perth company director Sam Mangione has become the first person in Western Australia to face a possible jail term over a workplace safety incident.

State spends $5.5b but borders to stay shut

Oil prices rose on Friday, lifted by some supportive economic data, but tensions between the United States and China limited gains.

Safe-haven gold pierced the $US1,900 per ounce ceiling on Friday for the first time since 2011 as a worsening US-China row added to fears over the hit to a global economy already reeling from the coronavirus pandemic.

Lucy Cooke is well acquainted with building virtual worlds, having worked on productions including Game of Thrones.

The state government has announced changes to the construction commencement criteria of its Building Bonus stimulus package, off the back of a 211 per cent increase in sales in June.

The ASX has dropped, continuing its see-saw action, following a slide on Wall Street as US deaths topped 1,100 for a third straight day.

Corporate finance group Argonaut has rejoined the funds management sector, with executive director David Franklyn saying investors need to rethink their approach to the resources sector.

The state government has again pushed back further easing of coronavirus restrictions to August 15, with Premier Mark McGowan noting the serious situation in Victoria and NSW.

The new WA Museum will open on Saturday November 21, with a nine-day festival to celebrate the attraction.

Hassell principal Peter Lee has stepped down from the architecture firm's international board after 16 years, to focus on his contributions to the Perth market.

In their weekly podcast Mark Pownall and Mark Beyer discuss the market update, economic impact, Tattarang, apartment knockback, environmental laws, Griffin Coal, and our special feature on WA's funds management sector.