The Western Australian government is poised to announce more cost-cutting measures as lower iron ore prices threaten to punch a big hole in the state's bottom line.
Neon Energy chairman Alan Stein has warned the company's shareholders against taking any action towards a takeover bid it received earlier in the month.
AngloGold Ashanti's plans to raise $2.3 billion and create a London-listed entity to separate its international and South African assets have fallen through after its shareholders knocked back the proposal, leaving the gold miner with a high debt burden.
After five straight sessions finishing lower, the Australian share market has opened higher on reports of a new Chinese stimulus plan and a rise in commodity prices.
Wall Street stocks have posted solid gains following reports of a new Chinese stimulus plan as investors awaited Wednesday's US Federal Reserve monetary policy announcement.
Colliers International has sold more than $50 million in retail property to date in 2014, with Northbridge's Tyne Square the latest asset to change hands in a deal brokered by the commercial agency.
King River Copper has announced it would seek to raise $900,000 for further exploration of its Kimberley tenements, with phase two of its drilling expected to recommence next week.
Property services firm JLL has been appointed to manage the state government's commercial portfolio, while at the same time extending its contract to look after the federal government's Indian Ocea
The City of Canning has been sacked by the Western Australian local government minister and replaced by a panel of three commissioners until a new council is elected in October 2015.
Taxpayers have been burnt by the Western Australian government after it paid $30 million upfront for dozens of luxury apartments it cannot sell, the opposition says.
The eastern edge of Northbridge is emerging as Perth's next hotspot for apartment development with four new projects proposing more than 600 dwellings or hotel rooms seeking approval.
Perth-based State One Stockbroking and online broking division Amscot Stockbroking are the first brokers in Western Australia to operate the ASX's new managed fund settlement service.
Shares in struggling uranium miner Paladin Energy fell 5 per cent at the close of trading today after it announced that production for the September quarter could suffer a further 7.5 per cent shortfall.
Black Fire Minerals has entered into a sale agreement for its Pilot Mountain tungsten project in the US state of Nevada to South Australian-based Thor Mining for about $1.67 million.
High tuition fees and living expenses could place Australia's reputation as an education destination for international students in jeopardy, according to global research from HSBC.
The transition of the Western Australian economy is under way amid strong population growth, according to recent research from the Committee for Perth.
Woodside, WorleyParsons and KBR were awarded the overall prize at the 2014 WA Engineering Excellence awards last night for their project entry, the $5 billion North Rankin Redevelopment project, which exports gas to the Karratha gas plant.
BCP Energy International has successfully reached its revised target of 50.1 per cent relevant interest in its takeover of Nido Petroleum, and has made the offer unconditional.
The Reserve Bank of Australia is confident business investment will increase in the coming months, but is still not offering any hints on the timing of its next interest rate move.
One of Perth's small bars has been named the best metropolitan bar in Australia, while Crown Metropol Perth has taken the title of best overall accommodation hotel.
