Myer's executive chairman has issued a damning indictment of the department store chain's performance under ex-chief executive Richard Umbers after it slumped to a $476.2 million first-half loss.
The Australian dollar is back below 77 US cents, under pressure from falling metals prices, amid market caution about higher US interest rates and worries about a possible trade war.
Oil prices have climbed to their highest level in three weeks as tension in the Middle East and the possibility of further falls in Venezuelan output helped offset the impact of growing US crude pr
Gold prices fell on Tuesday as the US dollar strengthened ahead of a Federal Reserve meeting at which the US central bank is expected to raise interest rates for the first time this year.
Domestic violence leave and a capacity for court-made equal remuneration orders look more likely after an interim report of the state government's industrial relations review recommended some significant changes to the current workplace relations system.
The local arm of Watpac has been awarded a $21 million contract for the construction of a bypass on the Great Northern Highway at Miling in the state's Wheatbelt region.
A local business offering the potential to reduce maintenance downtime in the mining and related industries has secured a national distributor for its fast-release nut design.
A private interstate investor has purchased the Coles complex in Riverton, which includes a supermarket, a First Choice Liquor, a TAB and a 300-bay carpark, for $32 million.
Perth-based contractor Tempo Australia has appointed former Bis managing director Ian Lynass as its chief executive, replacing Max Bergomi after two years in charge.
Graphite explorer Graphex Mining has raised $2.5 million to fund an updated feasibility study and complete finance and offtake arrangements at its Chilalo project in Tanzania.
PACT Construction has been awarded the forward and earthworks contract for the new $68 million Inner City College at Kitchener Park in Subiaco, while the state government has approved the Subiaco redevelopment scheme.
TPG Telecom has lifted its full-year guidance after first-half underlying profit rose, but the internet provider's two subsidiaries, iiNet and Internode, are being forced to compensate 11,000 customers following an investigation by the consumer watchdog.
Australian shares have opened lower after US stocks suffered severe falls against a backdrop of growing international trade tension and following a plunge in Facebook shares which weighed heavily on technology stocks.
The Australian dollar has bounced back from the three month low it hit on Monday, despit heavy falls on Wall Street, but following a bounce in gold prices.
Oil prices slipped on Monday as Wall Street slid more than one per cent and energy market investors remained wary of growing crude supply, although tensions between Saudi Arabia and Iran gave price
Gold prices turned positive on weakness in equity markets after touching their lowest in more than two weeks on Monday ahead of a US central bank meeting that could raise interest rates and signal
Indonesian group Eastern Field has taken control of Finders Resources, five months after announcing its takeover deal, which values the copper miner at about $177 million.
City workers seem to have developed an appetite for salad bar City Greens Co on St Georges Terrace, prompting the launch of two more venues in the CBD and with a potential national rollout on the cards.
Federal government agency National Energy Resources Australia has approved a $200,000 grant to Carnegie Clean Energy, to cover nearly half the cost of installing solar power at Eni Australia's Blacktip wellhead platform in the Timor Sea.
Moody's Analytics is forecasting continued weakness in Perth's residential property market this year but a return to positive growth in 2019, with Perth's western suburbs and Mandurah tipped to be the best-performing regions.
The Australian share market has closed slightly higher on Monday, helped by positive leads from US and European markets but the Australian dollar has taken a beating from lower commodity prices and the anticipation of higher US interest rates later this week.
Cruise ship operator Princess Cruises has announced Fremantle as the home port for its Sun Princess superliner for a record period in 2019-20, following a series of upgrades to the state's ports by the government.
