Latest Headlines

Volt Power loses biggest client

ASX-listed Volt Power Group has suffered a major setback after BHP suspended its long-runing service relationship with wholly-owned subsidiary Wescone Distribution, less than a year after Volt bought Wescone.

Lamont in for Langoulant at Committee for Perth

John Langoulant will retire as chair of advocacy group Committee for Perth in November, to be replaced by businesswoman Kate Lamont.

Energy, bank stocks drive ASX up

The Australian share market has snapped an eight day losing streak, buoyed by strong results from oil and financial stocks.

Business conditions strengthen in August

Australian business conditions rebounded in August as firms reported improved sales and profits, a new survey shows.

Woolworths faces class action on downgrade

Woolworths is facing a potential $100 million class action launched on behalf of investors whose shares lost value following a shock 2015 profit downgrade by the supermarket giant.

Car park deals for Parkd, NRW

Perth company Parkd has struck a deal with property developer Vector Management to evaluate construction of a $9 million car park in the inner city, while the state government has announced plans for a $32 million car park at Forrestfield.

Aus Mines' $US12m deal for cobalt work

Perth-based Australian Mines has secured a $US12 million convertible note facility with a New York fund, as it seeks to continue development of a Queensland cobalt project and completes the acquisition of a second cobalt deposit.

GST reform to stay on agenda – Morrison

Prime Minister Scott Morrison has guaranteed his government will deliver the GST distribution solution promised under Malcolm Turnbull's leadership before the next election, and will even consider legislation if necessary.

Altura in $US15m debt raise

Lithium producer Altura Mining has secured an additional $US15 million of debt funding to support a second stage expansion and the ongoing ramp-up of its Pilgangoora operation, after officially opening the project last week.

Empired wins $9m+ NZ contract

Empired subsidiary Intergen has won a $9 million-plus contract to develop a digital transformation program for New Zealand’s Department of Internal Affairs.

Airport precinct a major player

Jobs growth at Perth Airport was three times that of the CBD between 2011 and 2016 as property development in the area expands.

Private players hold the fort on CEO tenure

Opinion: A look at the length of CEO tenure across the sphere of corporate activity points to some interesting parallels, and other key differences.

Transport, agriculture lead death count

With higher fines, longer prison sentences and possibly industrial manslaughter laws coming to WA, Business News has analysed trends in workplace fatalities.

Aust shares higher in early trade

Australian shares are higher in morning trade after a stronger performance on Wall Street overnight where investors are eyeing another round of tax cuts for US businesses.

Morning Headlines

PM’s future hinges on female bid

Wall St up as tax hope tempers trade fear

US stock indexes have opened higher, boosted by the consumer discretionary sector, while hopes for a new round of tax cuts overshadowed fears of an escalation in the Sino-US trade war.

Small Metronet slice for local contractors

Early works for the Yanchep rail extension and Thornlie to Cockburn link will be contracted separately, as the state government attempts to give opportunities for smaller players after combining the main portions of the two projects into one package.

McKenna resigns from Screenwest

Seph McKenna has unexpectedly resigned as chief executive of Screenwest, only nine months into his five-year term.

Judge surprised by Wilson's lack of knowledge

The Supreme Court has dismissed a defamation claim brought by former Quintis managing director Frank Wilson, after the trial judge said he was surprised by Mr Wilson's asserted lack of knowledge of the sandalwood producer’s contracts.

Port Hedland ore shipments rise nearly 10%

Iron ore shipments to China from Port Hedland rose nearly 10 per cent in August from a month earlier.

Australian share market closes flat

The Australian stock market has closed flat after recovering some of its early losses after better-than-expected economic data from China.

MinRes takes position in cobalt hopeful

Mineral Resources has continued to diversify its interests, taking a $2 million stake in West Perth-based Barra Resources, which is developing the Mt Thirsty cobalt project near Norseman.

Private operators to run camp schools

The state government has announced that Fairbridge WA will take over operation of six camp schools across the state, while parent group Family Support WA will manage Landsdale Farm in Perth's northern suburbs.

RDG plans $15m gold buy

Resource Development Group has announced plans to acquire a 30 per cent stake in a gold project from Bullseye Mining, which is currently the subject of a takeover offer and board spill.

Todd to raise $4.2m

Subiaco-based copper hopeful Todd River Resources plans to raise $4.2 million for drilling work at its Mt Hendy discovery in the Northern Territory.

Ramelius lobs $59m Explaurum bid

Ramelius Resources has launched a $59.2 million hostile takeover bid for exploration company Explaurum, which is aiming to develop its Tampia Hill gold project in the Wheatbelt.

Thiess wins $190m Leinster contract

CIMIC Group subsidiary Thiess has won a $190 million contract extension for mining services at BHP Billiton Nickel West’s Leinster underground mine, where it has operated since 2016.

Jessica Gomes grows to Asia

SPECIAL REPORT: China and South Korea are key targets for Jessica Gomes as she seeks to take her skincare business into Asia later this year.

Designers plan global assault

SPECIAL REPORT: Asia and the US are the big targets for Perth designers who hope to break onto the world stage.