Latest Headlines

Stokes seeks backing for big steel deal

The latest on the campaign to overturn federal electoral funding laws; Arena's Wildcats acquisition; and Erben's $10m property buy.

An early lift for Australia's share market has crumbled to a loss, after valuation concerns and portfolio rebalancing dragged on the heavyweight banking sector.

The state's Supreme Court has ruled over a cost dispute between land developer Allen Caratti and lender Reliance Capital, with the latter awarded about $16 million.

A luxury residential development has been flagged for the beachfront sites spanning 3,594 square metres.

Synergy's $4.5 billion Tathra wind farm near Eneabba will not be subject to state environmental review, clearing another hurdle ahead of project development.

Subiaco-based gold miner Regis Resources has confirmed it was among several WA organisations hit by Lynx Ransomware recently, but says the group did not manage to steal any data.

OPINION: It's vital to ensure AI algorithms reflect the diverse nature of the human experience.

WA's new car market grew in December as hybrids surged and buyers' tastes shifted to bigger vehicles.

Shares in Viridis Mining & Minerals closed trade up 12 per cent to $1.39 on Tuesday, following news that the junior had achieved a key milestone in relation to its Colossus rare earth project in Brazil.

The prime minister has opened the door to a royal commission into the deadly Bondi terror attack as calls for an inquiry rise from within his party.

Craig Hutchison-led Sports Entertainment Group has completed its divestment of the Perth Wildcats to Mark Arena.

Another $9 million is being offered to WA companies and organisations developing clean energy technology.

Curtin University has been named the only WA institution to receive a share of $40 million in new contracts from Defence focused on emerging technologies and artificial intelligence.

The toppled president of Venezuela has defiantly declared his innocence in court after being seized by US military forces from the capital Caracas.

Western Australia's largest smallgoods company is now producing more than half of its products in Victoria.

Venus Metals continues to say ‘no deal' to its Queensland suitor, arguing a 17-cent-per-share bid has undervalued its assets.

A campaign to overturn federal electoral funding laws has begun as Climate 200 independent MPs call for public support.

The transaction paves the way for the developer's $230 million student accommodation project.

WA's peak business body has urged the state government to incentivise data centre investment and push the state toward becoming Asia's data vault.

Ryan Stokes-steered SGH would carve out BlueScope's larger North American division under its $13.2 billion takeover proposal, after labelling the target's global operations as not strategically compatible.

Zoran Bebic-led Monadelphous has extended its working relationship with iron ore major BHP, after securing another significant contract worth $175 million.

Wall Street has ended higher, with surging financial shares helping lift the Dow Jones Industrial Average to an all-time peak, while energy firms jumped after a US ​military strike captured Venezuelan President Nicolas Maduro.

Stokes' SGH in bid for BlueScope

Australia's largest steel producer announced late Monday that US company Steel Dynamics has teamed with Ryan Stokes-led SGH to lob an indicative takeover proposal priced at $30 per share.

Ten rare earths players have informed a leading lobby group's proposed framework for the federal government to deliver on its $1.2 billion critical minerals strategic reserve pledge.

Nufortune liquidator Cliff Rocke is targeting fellow undertaker Bob Jacobs and key suppliers in a $1 million recovery bid.

Welcome back to At Close of Business for the first time in 2026.

Strong commodity prices have helped balance Australia's stock market despite fossil fuels dipping as investors weigh the capture of Venezuelan President Nicolas Maduro by US special forces.

The state's land agency has published details of a 30-storey social housing development in Northbridge, as part of the $5.2 billion Perth City Link.

OPINION: In Western Australia, Kerry Stokes is almost untouchable. Close to government, the fourth-richest person in the state and boasting the Midas touch when it comes to business.

Subiaco-based midcap Metallium has extended its working relationship with global trading and mining conglomerate Glencore, on the back of a key binding agreement.