Australian stocks finished the day higher but the market was down for the week after three days of losses from Monday to Wednesday, with the benchmark S&P/ASX200 index 22.4 points, or 0.41 per cent, higher at 5,486.8.
Struggling Perth-based mineral explorer Pluton Resources has announced it intends to raise about $80 million through the issue of about 8 billion shares.
In this week's edition of Business News Background, head of content Mark Pownall and analyst Tim Treadgold discuss the stories of the week, including Navitas' difficulties, Shinzo Abe's visit to WA
Former New South Wales opposition leader John Brogden has been appointed managing director of the Australian Institute of Company Directors, after serving as chief executive of the Financial Services Council.
Former Toll Group executive Paul Ebsworth has been appointed chief operating officer of the Perth-grown auto retailer and logistics firm Automotive Holdings Group.
Driving up the Great Northern Hwy from Midland to Port Hedland, you can't help but marvel at the number of trucks on the road – and be concerned about what lies ahead for wheatbelt communities after the closure of the ‘tier 3' rail lines.
The City of Subiaco says it is “incredibly disappointed” in Planning Minister John Day's decision to allow up to 16 storeys to be built at the Pavilion Markets site on Rokeby Road.
Perth-based builder Kaizen Construction says it can no longer take on new projects and grow its business due to home indemnity insurance restrictions placed on it by the only provider in Western Au
Western Australia's cruise industry is set to surge as it seeks to capitalise on the state's proximity to Asian holiday destinations, according to cruise ship operator Princess Cruises.
The Deloitte WA Index declined in June after positive performance in the previous month, with the market capitalisation of Western Australian listed companies decreasing by 3.1 per cent to close the month at $149.3 billion.
At 1010 AEST on Friday, the benchmark S&P/ASX200 index was down 19.2 points, or 0.35 per cent, at 5,445.2., while the broader All Ordinaries index was down 18.0 points, or 0.33 per cent, at 5,4
The Australian sharemarket ended a three-day run of losses with modest gains, despite a rise in the unemployment rate, with the benchmark S&P/ASX200 index 11.9 points, or 0.22 per cent, higher at 5,464.4.
Knight Frank has been appointed to sell the office building at 47 Ord Street, with the property expected to appeal to owner-occupiers as well as investors.
Their focus might be on the forthcoming Commonwealth Games, but hockey stars Rachael Lynch and Ashleigh Nelson also have an eye on the future with a plan to attract corporate interest in their speaking talents to raise funds for charity.
Losing one contract is not the biggest problem confronting locally based education provider Navitas, even though Macquarie University's decision to end a near 18-year relationship wiped $800 million off the value of the stock yesterday.
