The small Western Australian township of Yarloop appears to have been virtually wiped out and three residents are unaccounted for following an unpredictable bushfire, with the Insurance Council of Australia declaring it a catastrophe.
US-focused biotech company pSivida has released pricing details of a $US16 million capital raising, after two weeks of volatile trading in its ASX-listed shares.
Shares in Perth-based Carbon Conscious have surged on news it commenced milk production at a Chinese-owned dairy farm in the South West, with the company planning to expand its cow herd by nearly 500 per cent by 2017.
The Australian share market has slipped below 5,000 at the open, continuing its disappointing week as Wall Street suffered another fall and oil prices slid to a new low.
Construction activity has fallen, after enjoying four months of expansion, due to weakness in mining-related engineering construction, as well as commercial construction.
Gold prices have climbed above $US1,100 an ounce for the first time in nine weeks as investors moved into safe assets for a fourth straight day after worries about the Chinese economy hit global st
US stocks sold off further on Thursday, giving the Dow its worst start to a year since the 30-stock index was created in 1928, dragged down by another drop in Chinese equities and oil prices at 12-
A Perth-based online gaming company that has raised $14.6 million from private investors is pursuing a stockmarket float after reporting spectacular growth in revenue.
Rare earths company Arafura Resources has progressed negotiations for the formation of a joint venture which will build a separation plant in South Korea.
Metals giant Alcoa of Australia says its WA alumina refining operations have not been affected by the Waroona bushfire but its Farmlands business has sustained some damage.
Nearly $87 billion has been wiped from Australian equities in the first four trading sessions of 2016 after another Chinese meltdown sent the local market plunging by more than two per cent on Thursday.
Laura Ashley faces an uncertain future in Australia after the women's clothing and homewares retailer, famed for its pastels and prints, called in the administrators.
Western Australians opted to spend their free time travelling within the state last year, with Rottnest Island visitor numbers reaching their highest on record between July and December.
Home building approvals have suffered their biggest slide in three and a half years in November, with Western Australia's residential construction sector expected to take a hit over 2016.
Merchandise exports were down more than 16.7 per cent for Western Australia in the 12 months to November 2015, compared to the corresponding previous period, despite a reduction in the national trade deficit.
Geraldton company Bhagwan Marine is set to expand its presence in northern Australia after striking an agreement to purchase a fleet of vessels for $25 million; a third of the price the previous owner paid just three years ago.
Energy technology company Enerji has landed its first commercial contract and deployment into the Australian market with the finalisation of a power purchasing agreement with Northern Star Resources.
Former Perth International Arts Festival general manager Julian Donaldson has taken the top job at the National Trust of Australia's WA branch, replacing Tom Perrigo who served in the role for 25 years.
US stocks have closed at their lowest level since early October, weighed down by fresh concerns over China and slower global growth and as energy shares tumbled with oil prices.
The latest report on the services sector from the Australian Industry Group was a bit of a worry, not just for the industries covered by the AIGroup's monthly survey, but for the rest of the economy as well.
The Australian share market has closed lower for its third straight session in the new year - and its fourth in a row - as significant events elsewhere in the world make investors nervous.
Three directors of Claremont-based Structural Monitoring Systems have taken advantage of the company's recent share price surge by selling down a portion of their holdings.
