Latest Headlines

Rox Resources has received a competing offer for its stake in the Reward zinc project in the Northern Territory, with Marindi Metals saying its offer will expire at 5pm today if it is not accepted.

Brendon Grylls has snatched back leadership of the WA Nationals and will press the Barnett government to support his plan to slug BHP Billiton and Rio Tinto with a $5 per tonne mining tax.

The number of Western Australian listings for accommodation site Airbnb has more than doubled in 12 months, but that growth hadn't come at the expense of the hotel sector, Sam McDonagh told a Success & Leadership Breakfast today.

Construction contractor Laing O'Rourke and engineering firm AECOM have won a $25 million contract to upgrade the East Perth train station, which is expected to take on larger crowds when the new Perth Stadium opens next year.

The state government has unveiled a number of initiatives aimed at boosting tourism in Western Australia, including changes to cruise ship gambling rules and a $7.2 million promotion deal with Qantas.

The WA Liberals can govern without the support of the Nationals, who are still deciding who will lead their party, Premier Colin Barnett says.

Investors welcomed news that GR Engineering Services had upgraded its profit and earnings forecasts for the 2016 financial year.

News Corporation's full-year earnings have dropped about 28 per cent as growth in its real estate classifieds businesses fails to offset declines in news and book publishing.

ANZ Banking Group's cash profit has slipped 3 per cent in the first nine months of its financial year, weighed down by restructuring charges and bad debts.

The Australian share market is trading mildly higher as investors await clear direction after a tepid session on Wall Street.

The Australian dollar is being resilient, lifting against the greenback despite softer Chinese trade numbers on Monday.

Gold has steadied after falling to a one-week low as downward momentum from stronger-than-expected US jobs figures lost steam, with concerns over negative global economic sentiment lending support.

Oil prices are more than two per cent higher amid renewed speculation that OPEC will try to restrain output, easing oversupply worries that's pressured the market to three-month lows.

China ‘spies' put power sale at riskChinese spies have been caught by the intelligence services conducting ‘‘brazen'' espionage in Australia over the past year, hardening

A move flagged by National Party leadership challenger Brendon Grylls to effectively double the rate of the royalty paid by the state's two biggest iron ore miners would make Western Australia one of the most punitive jurisdictions for taxes on production of the commodity.

Mark Pownall, the Head of Content at Business News, joins Jane Marwick on ABC 720 Drive radio to chat about WA business. This week is was Tracey Horton from Navitas and Dustin and Martin Michael, founders of Michael Brothers juice company.

State National Party MPs met at Parliament House today as former leader Brendon Grylls tried to retake the leadership from Terry Redman, claiming the Liberal/National alliance was not in a winnable position for the upcoming state election due in March.

SPECIAL REPORT: Former mining boss Charlie Bass and surgeon Peter Santa Maria are among the growing number of people in Western Australia looking to make innovation a commercial reality.

Investor interest in energy and financial stocks drove the Australian sharemarket higher on Monday, ahead of a flurry of company results this week as earnings season gets under way in earnest.

Half of the top twelve trending companies in Techboard's ranking this fortnight are health-techs, with Perth continuing to assert its credentials in the space.

Local company PACT Construction has won an $11.2 million contract for work on Byford Secondary College.

One Nation senator Rodney Culleton is one step closer to holding on to his new job after successfully applying to the Armidale Local Court, in regional NSW, to have a larceny conviction annulled.

The WA government is tying itself in knots over privatising the electricity network, but its failure to act could have a political cost.

The former head of power generation company Pacific Energy has emerged as the new chief executive of thermal energy company Enerji, replacing Andrew Vlahov, who stepped down last week.

Legend Mining has sold its stake in gold and nickel miner Independence Group for $4 million, with the local explorer netting about $2.5 million profit from the sale.

Marine services company MMA Offshore expects to take a $10 million hit to its earnings after striking trouble with two of its vessel contracts.

OTOC has expanded its surveying portfolio with the acquisition of local company WKC Spatial for $1.9 million.

ANALYSIS: Politics and business never mix well, which is something the state government is about to discover with news that former Nationals WA leader Brendon Grylls is eyeing a return to his party's top job.

The Australian share market has opened higher.

The Australian dollar is weaker after a surprisingly strong US jobs report lifted the greenback.

Gold has fallen as much as 1.7 per cent, as the greenback rose after data showed that US employment increased more than expected in July, raising the probability of an interest rate hike from the Federal Reserve this year.

Crude oil prices have ended little changed as short-covering returned in late trading, after some weakness earlier in the session as the US dollar rose on robust US jobs data.