The state government expects to reap inabout $1 billion in revenue after signing a development agreement with the Woodside Petroleum-led Browse consortium to supply 800 perajoules of gas to the domestic market.
New research from publication The Economist indicates China will be the world's largest economy by 2026, with a forecast nominal GDP nearing $US30 trillion, and predicts the rise of Asian nations will drastically affect global politics.
The state government has provided a further $4.6 million for drilling and prospecting activities at 44 projects in Western Australia, including Fortescue Metals Group's Trifecta base metals project.
The average home price dropped 0.3 per cent, to $545,000, in Perth in the 12 months to March, against a national average gain of 6.9 per cent, to $576,100.
Online property rental company rent.com.au has commenced its first day of trading on the ASX, after being acquired by Select Exploration in a backdoor listing.
Demand for apartment living is rising in the western suburbs, but a lack of suitable sites and community opposition to large-scale projects is hampering developers' efforts to meet buyers' needs.
A Fremantle-based not-for-profit organisation is fighting back against a funding culture focused on new projects, seeking instead to draw on more than 20 years of goodwill to elicit support for its existing work.
The first sod has been turned at the Sarich Neuroscience Research Institute in Nedlands, with Cockram Construction set to begin work under a $30.3 million contract.
Phoenix Gold has taken a planned vote on an alliance with Evolution Mining off the agenda of its general meeting, being held today, after Zijin Mining Group made a play to take ownership of the company in a cash deal worth $47 million.
Alcoa has been directed to improve its asbestos management procedures after workers were potentially exposed to it at two refineries in Western Australia.
The Nasdaq has ploughed to a fresh record as US stock markets followed European equity markets higher on increased optimism for a deal that could avert a Greek default.
Oil prices have risen modestly as dealers focus on hopes for a Greek bailout deal and a possible return of Iranian supplies to an oversupplied global market.
Gold prices fell more than one per cent as global equities jumped on possible signs of progress in Greek debt talks, which curbed safe-haven demand for the metal.
Retail and office landlords are building on the City of Perth's initiative to focus on Forrest Place, which is emerging as the next precinct of the CBD to undergo a significant transformation.
Perth's tight-knit angel investment community is growing more comfortable with soft tech plays, but there are calls for more investment in the ‘trickier' tech.
Pindan Capital has bought residential land estate The Reef at Two Rocks, in a deal understood to be worth around $37 million, the third big purchase of prime coastal land in Western Australia recor
The state government has appointed Donald Mackay-Coghill as chairman of Gold Corporation and Richard Hayes as chief executive, effective from next month.
The independent directors of Energy Resources of Australia have quit after a disagreement with major shareholder Rio Tinto over the future of its Ranger uranium mine in the Northern Territory.
