Latest Headlines

Insect protein just not cricket(s), yet

The production of crickets for human and animal consumption could be a fresh frontier for Western Australia’s agribusiness industry, if a Pinjarra-based small business fulfils its potential.

Macro outcomes from microscopes

A collaborative project involving Japanese optical instrumentation company Nikon and the University of Western Australia has the potential to drive a new era of scientific research nationwide.

Engineering the future of property development

The Perth office of Wood & Grieve Engineers has coupled industry design software with the gaming world to create a new virtual reality tool for land developers.

Payroll hike to cost 1,300 jobs: CCI

About 1,300 jobs will be lost because of the state government’s proposed increases to payroll tax, according to the Chamber of Commerce and Industry of WA.

Turnbull to stare down energy revolt on backbench

Malcolm Turnbull is staring down coalition backbenchers concerned that a proposed clean energy target could push up power prices and undermine coal-fired power.

Household budgets squeezed, sentiment low

Soaring power bills and other hits on the household budget mean consumers remain downbeat despite a better jobs outlook, an economist says.

Australian shares open higher

The Australian market has opened higher follow a solid lead from Wall Street and European stock markets.

Morning Headlines

$171bn cash cow

$A is slightly lower against $US

The Australian dollar is slightly lower as the US dollar rallies driven by a rise in US Treasury yields.

Oil prices higher as output declines

Oil prices rose on Tuesday after OPEC forecast higher demand in 2018 and Russia and Venezuela confirmed their commitment to a production-cutting deal to reduce the global crude glut.

Gold prices rise as greenback falls

Gold bounced up from the lowest level in more than a week on Tuesday as the US dollar pared gains and US President Donald Trump said UN sanctions on North Korea are "nothing compared to what ultimately will have to happen."

CBD retail strip sells for $8m

The building on the corner of Wellington and Pier streets, most recently home to the Wellington Surplus Stores, and an adjoining property have been purchased in an off-market deal for $8.4 million.

Sheffield in Indian zircon deal

West Perth based Sheffield Resources has moved a step forward on its Thunderbird mineral sands project, securing an offtake deal with Indian business Ruby Ceramics to supply 6,000 tonnes of zircon annually for at least three years.

More protection for company directors

Safe-harbour reforms that deliver greater protection for directors of financially stressed companies have passed through both houses of federal parliament.

Shares up 33.3 pts

The share market has closed higher for a second consecutive session, due to strong gains by the banks and miners.

WA Nationals to oppose payroll hikes

The Nationals WA say they will block measures targeting big business that were unveiled last week as part of the state government's budget repair plan.

Lockwood to chair Westport outer harbour taskforce

The state government has appointed Infrastructure Australia board member Nicole Lockwood to chair a new taskforce to plan a Kwinana outer harbour development, as Transport Minister Rita Saffioti indicated she would stare down internal party dissent about the project.

Barrick Gold has landmark win in $54m dispute

A Supreme Court ruling handed down this week casts doubt on how the state government has calculated stamp duty on mining company takeovers, potentially overcharging miners tens of millions of dollars over more than a decade.

Entrepreneurs stitch-up sweet live music deal

A Murray Street basement once home to the pattern cutters and seamstresses of Perth fashion label Pierucci is set to become the city’s newest live music venue, The Sewing Room.

Plastic bag ban gets green light

The state government has announced that lightweight, single-use shopping bags will be banned from July 1 next year, bringing Western Australia into line with most other states.

Liquor reform to benefit tourism operators

Accredited tourism businesses will be able to provide complimentary alcohol without a liquor licence, following changes to the state’s liquor regulations announced today.

Artist in residence with Hugh Brown

Documentary photographer Hugh Brown first picked up a camera in 1998 when he fell in love with Western Australia’s red-earthed Kimberley, and the journey that started nearly two decades ago shows no sign of ending.

Fremantle Octopus to extend reach

Fremantle Octopus hopes a new trap and some extra cash will propel its business into a much broader marketplace.

Progress on WA lithium projects

Kidman Resources has finalised a $110 million joint venture agreement with Chilean company SQM for the Mt Holland lithium project, while Altura Mining has begun extracting ore at its Pilgangoora lithium project.

GST stoush drives WA-first push

OPINION: The idea of forming a new political party to run Senate candidates on a Western Australia-first platform appears to have come to a number of people at the same time.

Aust shares firm early after Wall St gains

Australian shares have got off to a good start as investors look to build on a solid lead from Wall Street overnight.

Evolution confirms offers for WA gold mine

Gold miner Evolution has confirmed the receipt of several offers for its Edna May gold mine in Western Australia, and is determining whether a sale will be in the best interest of shareholders.

Morning Headlines

Legal fight will not put a stop to Tianqi plan

Oil up as refineries restart, Irma wanes

Oil prices have risen as key US refineries began restarts following Hurricane Harvey, which may help revive crude oil processing, while fuel prices fell as Hurricane Irma is likely to clip demand for petrol and diesel.