In this Business News podcast, Mark Beyer and Dan Wilkie discuss residential property outlook, Monadelphous and Civmec diversify, Nev Power, Adrian Fini and Brendon Grylls are our people of the yea
Engineering and construction contractor Civmec said today it planned to spend up to $80 million establishing a new shipbuilding facility at Henderson, and use it as a springboard into the federal government's $89 billion naval build in the coming decade.
Two days after some of Emeco Holdings' large creditors blocked a major restructuring, they have reversed their stance after being given an opportunity to acquire more equity in the group.
Fans won't have to walk far for refreshments before and after events at the new Perth Stadium, with a 2,500-person capacity tavern and microbrewery to be built adjacent to the Swan River pedestrian bridge on the Burswood Peninsula.
A group of One Nation supporters has lodged an objection to Pauline Hanson registering her party in Western Australia ahead of next year's state election.
National Australia Bank has called for greater leadership from government and more collaboration with business to help lift slow economic growth and create jobs.
The Australian dollar has dropped as the US dollar gains further ground following the US Federal Reserve's recent interest rate hike, with the central bank forecasting another three rate rises next year.
Oil settled little changed on Thursday after sliding to its lowest level in a week in volatile trade, but a surging US dollar did not pressure prices below technical support levels as OPEC members told customers they would cut crude supplies.
Gold fell more than one per cent to a 10.5 month low on Thursday after the US Federal Reserve sounded an unexpectedly hawkish note on US interest rates, sparking a surge in Treasury yields and sending the dollar to a 14-year high.
Yellen rate hikes rattle marketsThe US Federal Reserve's forecast for three interest rate rises in 2017 has rattled markets, raising fears that rising rates and bond yield
Perth's domestic gas users could have a choice between four retailers by July next year, with Sydney-based utility Origin Energy putting forward an application to the Economic Regulation Authority to enter the market.
Bhagwan Marine has been awarded a contract to supply marine vessels and crew to support construction on Rio Tinto's Amrun bauxite project in north Queensland.
Two Perth-based gold miners have run into trouble, with Troy Resources striking problems at its mine and Kingsrose Mining falling into voluntary administration.
Perth-based architecture firm DAPM Architects is in the hands of liquidators, less than a week after it was spun-out of national group DesignInc, but its managing director says the collapse represents an opportunity for a new beginning.
One of 1-Page's substantial shareholders, a subsidiary of Nedlands-based financial services firm Merchant Group, has called for the removal of the majority of the tech company's board and a new direction for the business, after a year of poor performance on the share market.
Energy and resources companies including Santos, Origin Energy and Newcrest Mining have dragged the share market lower following a drop in oil prices and the US Federal Reserve's rate hike.
The 12-year old scandal over the Australian Wheat Board's payments to the government of Iraq has moved closer to final resolution, with its former chairman Trevor Flugge convicted today of breaching his duties as a director but cleared of more serious charges concerning his knowledge of the payments.
OPINION: Reiwa members reported a decline in weekly sales to 552. The overall 9 per cent decrease in weekly sales is attributed to a 4 per cent decrease in sales for houses, 23 per cent for units and 27 per cent for vacant land.
Initiatives to encourage indigenous entrepreneurship such as accelerators, incubators and a government-backed venture capital fund were part of a suite of policies recommended by KPMG at the recent Indigenous Business, Enterprise and Corporations Conference held at the University of Western Australia.
Fuel refiner and retailer Caltex Australia expects its underlying profit to fall by about 20 per cent because of weaker margins in its refining operations.
Gold junior KIN Mining has released a pre-feasibility study on its Leonora project with a smaller capital cost estimate than that flagged in a scoping study earlier this year.
Casinos giant Crown Resorts has dumped plans to spin-off its international assets and further reduced its stake in its Macau joint venture, Melco Crown Entertainment amid a suite of strategic changes.
Unemployment in Western Australia is now at its highest since 2002 with new figures today revealing a 0.4 percentage point increase to 6.9 per cent in November.
The Australian share market is lower in early trade, following overnight falls on Wall Street after the US Federal Reserve cut its benchmark interest rate and flagged three more rate cuts next year
