Latest Headlines

Shares in gold miner Silver Lake Resources have dropped on the back of the company announcing a $48 million non-cash impairment.

Southern Cross Electrical Engineering has reported a $9.6 million slump in full-year profit to $7.7 million on the back of a 21 per cent fall in revenue to $218.2 million.

Belmont-based contractor GR Engineering Services lifted its full-year profit by 89.3 per cent to $14.2 million, despite a drop in revenue of 0.4 per cent to $114.2 million.

Global Construction Services says its 2014 financial year earnings were hit by delays in major projects in the Perth CBD moving from approval to construction and a slowdown in resources-sector demand in the Pilbara, leading to a near-50 per cent fall in net profit.

Westfield's new Australian spin-off expects continued income growth from its shopping centres as specialty retailers boost their sales.

Struggling clothing maker Pacific Brands is selling its workwear business to Wesfarmers Industrial and Safety, after write-downs and weaker profit margins blew its full-year loss out to $224 million.

Agricultural lobby group WA Farmers will be releasing its own milk brand in November, with proceeds used to support market development in the farming industry.

Perth gold company Resolute Mining says the combination of lower gold prices and higher costs were behind a 60 per cent drop in full-year profit, to $33 million..

Troubled mining services business Boart Longyear believes it has reached the bottom of the market after posting another massive loss.

The Australian share market has opened slightly higher following strong overseas leads.

Clive Palmer has apologised to the Chinese ambassador for his televised tirade against the country last week.

The Australian dollar is weaker against a strengthened greenback, despite disappointing economic data out of the US.

Oil prices traded in a mixed fashion, with little in the way of major news moving the markets.

Arguments built on pseudo-science and please to emotion will always fall short in the face of facts.

The S&P 500 has topped the 2,000 mark for the first time, helped by more promises of economic support from the US and European central banks.

FEATURE: Having gained notoriety in the 1996 movie Jerry Maguire, the phrase ‘show me the money' will be heard often, and loudly, in business in Western Australia in coming years as capital inflows become capital outflows and funds become harder-than-ever to raise.

Western Australia has recorded a 38 per cent reduction in littering from 2008 and is at its lowest level in nine years, according to the 2013-14 National Litter Index.

The share market has ended a seven session winning run as a fall in iron ore prices weighed on the resources sector.

BlueScope Steel lost more than $436 million from its market value on a day it triumphantly declared that its manufacturing business was back.

Fuel supplier Caltex Australia will cut 10 per cent of its workforce over the next 12 months, axing 350 jobs as part of a company-wide restructure.

Drilling services provider Swick Mining Services has released its earnings and dividend for the 12 months to June 30, with net profit after tax down 83 per cent year-on-year to $1.5 million.

Exploration firm Energia Minerals has reached an agreement with Euroz Securities to take an $8 million funding package to help fast-track development of its Gorno zinc project near Bergamo in north Italy.

Perth-based mortgage provider Homeloans Limited has flagged growth and diversification in 2015, after its net profit fell by nearly 20 per cent compared with the previous financial year.

Engineering and property services firm UGL says activity in the infrastructure sector is picking up in the wake of the resources boom.

Moody's Investors Service has downgraded Western Australia's credit rating, providing yet another blow to the state's budget woes.

Southern Cross Electrical Engineering has won a $70 million electrical and instrumentation works contract from CITIC Pacific for its Sino Iron project at Cape Preston, adding to a $10 million job won two weeks ago.

The political standoff in Canberra will put a spotlight on the value of the $A, and the uncompetitive nature of large segments of Australia's economy.

FEATURE: Subdued iron ore and gold prices over the longer term could signal a lift in exploration for base metals.

Former public servant Kerry Sanderson has become the first woman to be appointed governor of Western Australia.

FEATURE: Two Perth-based organisations – one well established and one relatively new – are taking giant strides towards normalising and encouraging more women in mining workforces.

FEATURE: A stubbornly high dollar, falling prices and high operating costs are combining to exert real pressure on smaller players in the iron ore sector.

FEATURE: Industrial uncertainty and an urgent need for more infrastructure are putting the squeeze on iron ore exports through Port Hedland, while productivity increases and transshipment options are also being mulled over statewide.