The Australian share market has closed lower, largely pulled down by weakness among the major banks after the ANZ bank announced a $3 billion capital raising.
To merge or to demerge is a question that goes beyond the mining industry; it's one that is also dividing opinions in the media world, with Australian and American publishers heading in opposite directions in what looks like a classic schism of ideas.
Shares in Perth tech company Ziptel were up more than 19 per cent at close of trade today after news that the company has set a global launch date for the iOS version of its Zipt app.
WorleyParsons has sold subsidiary company Exmouth Power Station to Canadian asset management company Fengate Capital Management in a $19.6 million deal.
Services on the famed Perth-to-Sydney train, the Indian Pacific, will be cut and pensioner ticket prices hiked as its operator tries to make up for a $9 million federal budget cut.
Australia's unemployment rate unexpectedly jumped to a six-month high of 6.3 per cent in July, pushed up by a surge in the number of people looking for work.
Perth's commercial property market got a dose of good news/bad news this morning, with the office vacancy rate slightly lower than it was expected to be at 16.6 per cent, however it was the highest
Oil prices have fallen after a US government report showed an unexpected rise in petrol inventories and an increase in oil production amid global oversupply worries.
Gold has eased, hovering above the recent five-and-a-half-year low on earlier pressure from the US dollar as US services sector data revives expectations of a US interest rate rise as early as September.
ASG Group has announced a new $40 million contract with Western Power, joining Zetta Group and Nextgen Group in winning new information and communications technology contracts with the utility.
Western Australian automotive sales have gone against the national trend for the month of July, down nearly 13 per cent on those of July 2014, despite a national increase in sales.
Transactions are flowing this week in commercial property, with $11.5 million in fresh deals indicating owner-occupiers are starting to take advantage of a competitive market for buyers.
MLG Realty boss Marcus Gilmore is refocusing his efforts on his real estate business, which specialises in apartment sales, putting the Newman Hotel up for sale.
The state government will provide a free, confidential drug and alcohol counselling service for fly-in, fly-out (fifo) workers and others who work away from home.
Skilled Group has suffered a full-year loss of nearly $17 million due to write-downs linked to its impending takeover by rival labour hire business Programmed Maintenance Services.
Probuild's redevelopment at Cloisters on Hay has been named the state's best construction project for 2015, ahead of 68 other entries at the Master Builders-Bankwest annual awards.
Brisbane-based law firm Shine Corporate has made its second acquisition in Western Australia, paying $13.3 million for personal injury specialist Bradley Bayly Legal, after paying a higher price last year for Stephen Browne Personal Injury Lawyers.
While it's a close call, chances are the Reserve Bank of Australia will cut rates again before year end reflecting the poor business investment outlook, greater than expected weakness in commodity prices, and the $A remaining too high.
