Fortescue Metals Group has partnered with ANZ Banking Group to set up a $50 million leasing facility for indigenous-owned businesses that have contracts with the iron ore miner.
OPINION: If you've never heard of an ICO, or Initial Coin Offering, then you're not alone. The first one to take place in Australia was only announced a few weeks ago.
BC Iron has entered into an agreement to buy iron ore tenements in the west Pilbara owned by Clive Palmer's Mineralogy, for $9 million in cash plus royalty payments.
The Chamber of Commerce and Industry of WA has warned a Commonwealth Grants Commission proposal for states to retain more revenue from royalty rate changes when calculating the GST distribution might encourage tax hikes, potentially discouraging investment in the mining industry.
The state's resources industry achieved higher sales in the 2017 financial year at $105 billion, but investment in the sector has fallen to $22 billion according to new data.
In this Business News podcast Mark Beyer, Matt Mckenzie and Katie McDonald discuss the GST debate, Kerry Stokes and gas sector deals, WA's resource sector outlook, local content on big projects, population growth and residential builders.
Northbridge-based video game and virtual reality company Stirfire Studios has failed in its bid to complete a $7 million initial public offering and list on the ASX, but has pencilled in a second attempt for next year.
Pilbara Minerals has secured an offtake and $28 million equity deal with Chinese car maker Great Wall, effectively replacing a previous financial commitment from one of the aspiring miner's other offtake partners.
Western Australians would not be better off under a return to state-based income taxes, according to an award-winning honours paper prepared by a Curtin University graduate who now is part of EY's infrastructure advisory team.
The Australian share market has turned lower early on its last trading day of the month after a confused start when key indexes moved in and out of positive territory.
GST win for WAWA may finally get some GST justice, with the Commonwealth Grants Commission backing plans that would deliver a substantial increase in iron ore royalties
The Australian dollar is higher against its US counterpart, recouping the losses it suffered in its previous onshore session as the greenback's tax-plan inspired gains were partly forfeited.
Oil prices have slipped, further backing off from 2015 peaks hit earlier in the week as tension around northern Iraq following the Kurdistan region's vote in favour of independence spurred fresh supply concerns.
Local energy producer Empire Oil & Gas has entered voluntary administration today, two weeks after receivers took control of subsidiary Empire Oil, which operates the company's key Perth Basin assets.
Cedar Woods Properties is hoping its range of competitively priced larger blocks will offer a point of difference and attract first homebuyers to its Piara Waters residential estate, according to WA manager Ben Rosser.
The Australian share market has ended the day modestly higher, while a surge in the US greenback has helped push the Aussie dollar to its lowest level in more than two months.
Health technology company Avita Medical has submitted a pre-market approval application to the US Food and Drug Administration for its ReCell regenerative medicine technology.
Gold explorer Okapi Resources has enjoyed fruitful gains on its first day as a listed company, which came nine months after its directors attempted to float the business as Huntsman Resources.
Global Construction Services is still negotiating the sale price for its equipment hire business to Onsite Rental Group, but says the division accounted for less than 10 per cent of the group's total revenue.
Across the state's major government-owned utilities, more money goes in through subsidies than out through dividends, according to the latest batch of annual reports.
Police Minister Michelle Roberts insists the state government will not budge on its $1,000 pay increase offer to the police union, saying to capitulate would trigger a flow-on effect across the rest of the public sector.
Henderson-based Civmec has been awarded contracts for work on the Jemena northern gas pipeline in the Northern Territory, which will employ 160 people at its peak.
Kerry Stokes-backed Beach Energy has agreed to buy Origin Energy's conventional oil and gas business Lattice Energy, which has a major stake in two operations in the Perth Basin, for nearly $1.6 billion.
The Australian share market has opened higher, after Wall Street rose following the release of President Donald Trump's tax reform plan and increased expectation of a Federal Reserve interest rate
Public servants threat to follow police claimThe public sector union says it will tear up the pay offer it is about to put to members and go after the State Government
