Latest Headlines

The piper must be paid

OPINION: Sensible debate about the cost of progressive environmental policy is missing amid the noise from politicians and green activists.

Technology critical for materials revolution

Solutions to prevent a potential looming shortage of critical minerals can be found in Rio Tinto’s increasingly high tech operations, particularly in the Pilbara, according to corporate relations vice-president Brad Haynes.

Northerly on retirement mission

Building and development firm Northerly Group is adding retirement living to its suite of services with its latest Perth project.

State govt awards over $11m of contracts

WA Profiling & Stabilisation, Aurecon, and Adtech FRP are the latest major winners of state government contracts, worth about $11.2 million.

Apology to Badri Gosavi

Yesterday, Business News published an article titled “Prominent Perth restaurateur accused of extortion”, which featured a photo of Giovanni Pezzano and Badri Gosavi prior to the formal opening of The Meatball Bar in Leederville in 2014.

Muddy waters in maintenance deal

The Water Corporation is refusing to release the details of a review it says backs a decision to insource a major maintenance contract, a move that runs counter to the economic reforms of recent decades.

Jandakot upgrades in flight

The state government has announced a runway extension at Jandakot Airport to support the Royal Flying Doctor Service and turned the first sod for a new medical laboratory in Jandakot Business Park.

Workplace diversity delivers healthy outcomes for all

WELLNESS@WORK: More workplaces need to step up to the plate in terms of women in leadership roles and workplace culture.

Healthier workers on the move

WELLNESS@WORK: Healthier Workplaces WA is helping workers across the state get up and stay in shape.

Digging deep at work for mental health

WELLNESS@WORK: A Perth-based researcher is investigating what the workplace can do to create positive mental health outcomes.

Healthcare outreach prioritises patients

WELLNESS@WORK: The ability to problem-solve and ensure an ongoing level of quality service are factors behind the growth of chemo@home.

Companies step up to culture of wellness

WELLNESS@WORK: The economic impact of healthier workers is well established; now some of WA’s most successful wellbeing programs want to achieve more, by promoting a culture of wellness at work.

Cape wins $12m Rio contract

Mining and utilities services company Cape has been awarded a contract by Rio Tinto at its Robe Valley project in the Pilbara.

Sealink to acquire Transit for up to $700m

A privately-owned international bus operator that commenced operations in Perth in 1995 has struck a friendly merger agreement with SeaLink Travel Group, which operates the Rottnest and Swan River ferry services.

ANZ announces another $559m in remediation

ANZ has announced another $559 million in customer remediation.

ASX opens higher despite Wall Street dip

The Australian share market has opened higher, shrugging off a negative lead from Wall Street.

Morning Headlines

Fortescue in race for Simandou

Oil prices up as US-China trade talks loom

Oil prices were up overnight, buoyed by hopes of progress in US-China trade talks and supported by challenges to supply facing major exporters.

Gold steady as focus shifts to trade talks

Gold prices inched lower overnight but held a tight range around the $US1,500 level as investors took a cautious approach ahead of the US Federal Reserve minutes and trade talks between the US and China this week.

Oxley takes control of underperforming Pindan

Singaporean development group Oxley Holdings has moved to full ownership of Pindan for zero cost, after cancelling around $24 million in debt while also disclosing that the local contractor had failed to meet performance targets.

ASX higher as tech sector leads rise

The Australian share market has posted gains across the board after jobs figures from the US reassured traders that the world's largest economy wasn't on the brink of recession after all.

$105m Dreamscape takeover wins backing

Plans by private equity group Siris Capital to acquire ASX-listed Dreamscape Networks have won strong backing at shareholder meetings held in Perth today. The big winners include managing director Mark Evans.

Perkins starts $15m Western Power construction

Perkins Builders has continued its streak of contract wins, after it was awarded the main construction works for a $15 million Western Power depot in Pinjarra.

Prominent Perth restaurateur accused of extortion

The Perth restaurateur behind The Meatball Bar chain, Gourmet Republik, and Thuggs Fried Chicken and Waffles, is accused of threatening to destroy a man's cafe and put him "in a coffin" over some fruit and vegetables.

Tribune, Rand pay more than $17m in dividends

Anthony Billis’s Tribune Resources and Rand Mining have paid out around $11.1 million and $6 million in dividends, respectively.

Indus scraps ASX listing bid

Perth-based Indus Energy has withdrawn plans to buy South Australian company New Era Oil and Gas and re-list on the ASX, after it concluded it could not raise the $4 million required.

Special win for Stirling Capital

A swag of industry awards is providing a platform for Stirling Capital to demonstrate its capabilities in Perth’s challenging apartments market.

Cost perceptions plague Perth

Key cost of living indicators show Perth has become one of Australia’s least expensive capital cities in recent years.

Busy quarter for private, public deals

SPECIAL REPORT: The September quarter update to the BNiQ deals database shows that UBS, Sternship Advisors and Azure Capital have been the most active corporate advisers in the Western Australian market.