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Downer

Downer wins further work at Eliwana

Jessica Mascione Jessica Mascione
26 May 2020

Downer has secured a $450 million contract with Fortescue Metals Group for early mining and maintenance services at the Eliwana iron ore mine in the Pilbara.

Kyckr

Kyckr launches $10m raising

Business News Business News
26 May 2020

Technology company Kyckr is raising up to $10 million from a placement and share purchase plan, with the Sydney-based firm planning to use the funds to build on recent international sales.

Horizon Power

Horizon signs Shell for gas supply

Business News Business News
26 May 2020

Perth-based Horizon Power is purchasing gas from Shell to use in some of its power systems across regional Australia under a two-year supply agreement.

Morrison tries new IR approach

Matt Mckenzie Matt Mckenzie
26 May 2020

Renegotiating agreements with state governments to fund training and moves to simplify the awards system will be part of Prime Minister Scott Morrison’s new economic strategy, while a bill designed to ensure trade union legal compliance has been junked.

New Century Resources

New Century in purchase talks with Vale

Business News Business News
26 May 2020

Brazilian mining company Vale will help fund the acquisition of its struggling Goro nickel-cobalt operations in New Caledonia in a deal under discussion with New Century Resources.

Hazer Group

Hazer, Water Corp partner on hydrogen project

Jessica Mascione Jessica Mascione
26 May 2020

Water Corporation will supply Perth-based technology business Hazer Group with biogas from its wastewater treatment plant at Woodman Point, following an agreement signed between the two parties.

JLL

Pandemic sparks logistics rethink

Katie McDonald Katie McDonald
26 May 2020

The recent panic buying of essential goods and increase in delivery services could have a lasting impact on Perth’s industrial property sector.

ASX nudges 1% higher after global gains

AAP AAP
26 May 2020

Shares are up by 0.9 per cent early on the ASX and the energy and property sectors are leading the way.

Gold prices dip on profit-taking

AAP AAP
26 May 2020

Gold eased overnight in holiday-thinned trade as some investors took profits, though lingering US-China tensions and extensive stimulus measures by governments worldwide limited decline.

Morning Headlines

Cameron Drummond Cameron Drummond
26 May 2020

JobSeeker surge in blue-ribbon suburbs

Oil steadies amid demand concerns

AAP AAP
26 May 2020

Oil prices edged up overnight in sluggish trading with holidays in Singapore, London and New York, as rising concerns over demand recovery offset supply cuts.

Australian Institute of Company Directors

Govt relaxes company disclosure rules

Mark Beyer Mark Beyer
25 May 2020

The federal government has temporarily amended continuous disclosure provisions that apply to companies and their officers, citing concern about companies being exposed to opportunistic class actions.

Aust shares rise 2.2%, hit 11-week high

AAP AAP
25 May 2020

The local bourse has closed at an 11-week high after soaring more than two per cent, with gains across the board.

Canaccord Genuity

Warrego Energy to raise $15m

Business News Business News
25 May 2020

Warrego Energy has received commitments to raise $15 million from a two-tranche share placement, with the proceeds to go towards drilling at its West Erregulla development in the Perth Basin.

Vasse Felix

Sustainability gains ground in Margs

Madeleine Stephens Madeleine Stephens
25 May 2020

The wine industry is shifting to more sustainable production methods.

Burch Family Wines

Market choices mitigate COVID impact

Madeleine Stephens Madeleine Stephens
25 May 2020

Exports, tourist numbers, and cellar door sales have been disrupted in the past few months, putting some WA wineries under pressure.

Art Gallery of WA

$1.5m to WA visual artists

Madeleine Stephens Madeleine Stephens
25 May 2020

The Art Gallery of WA Foundation and the gallery's board have announced a $1.5 million package for Western Australian artists represented in the State Art Collection and Aboriginal art centres across the state.

Kairos Minerals

Gold explorers seek $12m

Jessica Mascione Jessica Mascione
25 May 2020

Kairos Minerals is looking to raise up to $4.2 million from a share placement and rights issue, while RTG Mining and Paterson Resources have also recently launched capital raisings.

CITIC Pacific Mining

Palmer call sends wrong message

Tim Treadgold Tim Treadgold
25 May 2020

The refusal to allow Clive Palmer into WA on public health grounds seems out of step with decisions relating to other high-profile businessmen.

Finbar Group

Finbar brings sales in house

Katie McDonald Katie McDonald
25 May 2020

ASX-listed apartment developer Finbar Group has established a new business division, appointing an in-house sales team led by former Knight Frank head of residential Western Australia Neil Kay.

Department of Health

Regional travel restrictions to lift on Friday

Jessica Mascione Jessica Mascione
25 May 2020

The state government will lift regional travel restrictions in time for the long weekend, with Premier Mark McGowan urging Western Australians to travel within the state and support local businesses.

Panoramic Resources

Western Areas takes 19% stake in Panoramic

Jessica Mascione Jessica Mascione
25 May 2020

Panoramic Resources has edged closer to the restart of its Savannah nickel mine in the East Kimberley after launching a $90 million capital raising, with Western Areas to emerge as a new strategic investor.

InteliCare

InteliCare lists after $5.5m IPO

Jordan Murray Jordan Murray
25 May 2020

Leederville-based startup InteliCare had a positive start to trading on the ASX today, with its shares closing at 31.5 cents each, more than 50 per cent above their issue price.

Central Earthmoving

WA companies win Great Central Road works

Business News Business News
25 May 2020

A joint venture between Carey Mining and Central Earthmoving has secured sealing works on Great Central Road under a $20 million contract, with the project jointly funded by the state and federal governments.

Hassell

Hassell, Devlyn win school contracts

Business News Business News
25 May 2020

Architecture firm Hassell has secured design works on new arts facilities at Bob Hawke College, which are set to double student capacity, while Devlyn Constructions has started work on new facilities at Belmont City College.

Master Builders seeks $13bn stimulus

AAP AAP
Business News Business News
25 May 2020

The Master Builders Association is seeking more than $13 billion for a building and construction stimulus package which it claims will support an economic recovery, including subsidies for new home building and for rennvations.

Aust shares climb 1.5% in early trade

AAP AAP
25 May 2020

Shares have bounced about 1.5 per cent in early trade on the Australian market with all industry sectors higher.

Morning Headlines

Cameron Drummond Cameron Drummond
25 May 2020

JobKeeper: PM digs in over saving

Oil down on China-US tensions

AAP AAP
25 May 2020

Oil prices have tumbled about 2 per cent on rising US-China tensions and doubts about how quickly fuel demand would recover from the coronavirus crisis.

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