Woodside Petroleum has spent the past 60 years focused on the development of its own projects in Australia, but in the space of one year, two major takeover deals collectively worth $15 billion look set to reshape the Perth-based energy giant.
The founder and non-executive chairman of Henderson-based shipbuilder Austal has sold down a portion of his shareholding in the company for $7.24 million.
Energy giant Woodside Petroleum is considering growth opportunities in Papua New Guinea, announcing today it was evaluating a takeover offer for Oil Search through an all-scrip deal valued at more than $11 billion.
The Australian dollar has slipped a little lower following a night where trading volumes were low because US markets were closed for the Labor Day public holiday.
Gold has eased back towards its lowest since mid-August as stock markets firmed and the US dollar steadied, and after US payrolls data failed to provide clarity on the timing of a Federal Reserve rate rise.
A deal to shift some government departments to Joondalup early in 2018 is firming, as the next phase in the the state's office decentralisation plans gathers steam.
A Western Australian not-for-profit group has taken a collaborative approach to ensure a shortage of funding doesn't jeopardise its work with indigenous children and remote communities.
Land developer Cedar Woods was the standout performer at last month's Urban Development Institute of Australia's annual awards for Western Australia, while Finbar Group and Lendlease also featured
The disability services industry is agitating for the state government to start early negotiations with the Commonwealth over the choice of disability services model for Western Australia, as fundi
Western Australia's tech sector has proved its mettle against other states, with participants in national data event GovHack winning a suite of national and international prizes.
The Australian share market has closed slightly lower in the wake of weak leads from US and European markets and the absence of any catalyst to push it into positive territory.
Interest in apartments is again on the rise, with developers across Perth unveiling new projects as the market emerges from a significant slowdown in sales and new product launches through much of calendar 2015.
A Jandakot industrial property leased by security firm Chubb and lift manufacturer Otis Elevator has hit the market, with selling agents Colliers International expecting it to fetch a price tag of
Residential rents in Perth are now 13 per cent lower than the peak of 18 months ago, with the median price to lease a property slipping to $410 per week.
Westpac is aiming to attract more than one million new customers over the next two years and will spruce up the look of its website and its bank branches.
Local oil and gas company Antares Energy has sold its two remaining assets in the Permian Basin in Texas to an undisclosed private equity buyer, for about $US250 million ($A360 million).
A mine worker has died after a truck rolled over at Hanking Gold Mining's Southern Cross project, while another was fatally injured at Newcrest Mining's Cadia Valley operation in New South Wales.
