Latest Headlines

Perth-based Bhagwan Marine has diversified its business beyond its traditional focus on northern Australia by winning a marine maintenance contract at Port of Melbourne.

Australian shares have closed down slightly as an early rally couldn't be sustained.

An emotional Western Australian premier has promised to reimburse more than $2,000 in accommodation costs after coming under fire for bringing his family on official regional trips, saying "hurtful" and "vile" attacks by the opposition must stop.

The Corruption and Crime Commission today tabled a report alleging that Craig Steven Peacock acted corruptly for at least a decade and cost Western Australian taxpayers in excess of $500,000.

A plant scientist from UWA has won a prestigious award for her research into the canola industry, aimed at slashing rates of crop disease.

Mortgage brokers will continue receiving trail commissions beyond 2020 under a federal coalition government, with Treasurer Josh Frydenberg revealing a plan to scrap them has been dropped.

Half a century ago, research connected to UWA dramatically shifted the financial community's understanding of the link between stock prices and accounting data.

Mrs Mac's is planning to cut staff numbers at its Morley packing facility as the pastry maker moves towards full automation of its manufacturing processes.

A BHP Group rail maintenance crew applied brakes to the wrong locomotive when they tried to help the driver of a runaway iron ore train, which ended up being deliberately derailed in the Pilbara region.

Western Australian farmers remain the most confident in the nation, but they are entering 2019 with lowered expectations following last year's bumper season, according to the latest Rabobank Rural Confidence survey.

Claremont-based Parkd has sold its first relocatable car park to City Subaru Perth, which the dealership leased for the past six months following completion of the project in August.

The state government has ceased its funding agreement with Carnegie Clean Energy for its Albany wave project, a week after the company reported a net loss of $45 million for the half year.

Intellectual property firm IPH has made a $197 milllion hostile takeover bid for Xenith IP, just three weeks before Xenith shareholders were scheduled to vote on a merger with QANTM Intellectual Property.

Consumer confidence "nosedived" last week as the GDP results showed the Australian economy had entered a so-called per-capita recession, ANZ Banking Group analysis said.

Australian shares have opened higher as energy stocks bounced after oil prices jumped more than one per cent overnight.

Bosses in watchdog's crosshairs

Oil prices rose more than 1 per cent overnight, lifted by comments from Saudi Energy Minister Khalid al-Falih that an end to OPEC-led supply cuts was unlikely before June.

Gold fell overnight, moving further off the key $US1,300-per-ounce mark it briefly surpassed in the previous session, as global equities rallied following last week's slide with stronger-than-expected US retail sales allaying some fears of an economic slowdown.

QBE Insurance has been ordered to pay $10 million to a Perth investor who was a client of stockbroking firm Stripe Capital and former Perth broker Todd King.

Nick Stamatiou has established a Perth office for international firm Innovative Foundations after spending two years setting up and leading Deloitte's IP Strategy and Commercialisation practice.

The Australian sharemarket has started the week on a down note, with energy investors appeared spooked by news the world's largest wealth fund plans to sell its stakes in oil and gas companies.

OPINION: The clash between domestic politics and international climate-change law was on stark display in WA last week as the EPA weighed in with an emissions recommendation.

Hastings Technology Metals has reported that capital costs of its Yangibana rare earths project are expected to be approximately $427 million, compared to the $335.3 million figure it outlined in its definitive feasibility study.

Eon NRG is pleased to announce that the Company's rights issue, as detailed in the Prospectus dated 6 February 2019, has been well supported by Eon's shareholders and new investors and is now close

The board of Gindalbie Metals has recommended shareholders accept a takeover offer from its Karara project partner Ansteel, and has proposed to demerge its wholly-owned subsidiary Coda Minerals.

Australia's visa rules have been relaxed to make it easier for farmers to hire skilled seasonal workers. The new rules also apply to tennis coaches, artists, dentists and anaesthetists among a handful of other professions.

Panoramic Resources has announced its intention to raise $22.4 million via two share placements and an entitlement offer, while juniors Black Rock Mining and Kibaran Resources are also involved in capital raisings.

Newcrest Mining will pay Toronto-listed Imperial Metals Corp $US807 million ($A1.15 billion) for a majority stake in a Canadian copper and gold mine.

Decmil has been awarded a $46 million contract from Main Roads Western Australia to design and construct a dual carriageway and overpass in Perth.

Australian shares have opened lower after negative leads from overseas at the end of last week.

Brookfield in hunt for Chevron HQ partner

Oil prices fell about 1 per cent on Friday after disappointing US job growth revived concerns about a slowing global economy and weaker demand for oil.