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Driscoll leaves Seven West Media

Nine months after leaving advertising agency Marketforce to run the Western Australian operations of Kerry Stokes' Seven West Media, which publishes The West Australian, John Driscoll has left the lis

Austal out of patrol vessel build

The German company contracted to build Australia's new offshore patrol vessels has concluded negotiations with its build partners, but Henderson-based Austal will not be participating, with Civmec being the big local winner.

Tax shift may improve ledger

Western Australians paid federal taxes of $16.5 billion in the year to June 2017 that were spent outside the state, according to WA Treasury data, with the latest numbers suggesting WA would be the biggest winner from federal moves to cut company and income taxes.

Trade war unlikely, former US speaker says

A trade war driven by the Trump-administration’s protectionist policies is probably unlikely, former US House of Representatives speaker John Boehner told a Perth audience last night, words that may offer some comfort for those in WA’s export industries.

Aust market ends strong week on soft note

The Australian share market softened in late trade to finish the day in the red but ended the week around one per cent stronger, as big resource players benefit from soaring oil prices and sustained strength in iron ore.

Rio, Alcoa flag greener aluminium process

Rio Tinto, Apple and Alcoa have invested $C188 million ($195.5 million) to commercialise a new aluminium smelting process that reduces carbon emissions.

Carnarvon in $20m raising

Carnarvon Petroleum has boosted its coffers with a $16 million capital raising to fund drilling at its Buffalo oil field in the North West Shelf, while also announcing a share purchase plan to raise up to $4 million.

Government investigates Qantas WA pilot school

The McGowan government says it will set up a taskforce to investigate establishing a pilot training academy in Western Australia, after Qantas today launched a formal request for proposals from state governments across the country.

Surtech sold to Qteq

Brisbane-based georesources company Qteq is set to acquire local data logging company Surtech Systems in cash and scrip for an undisclosed sum.

Mark my words podcast

PODCAST: Mark Beyer and Mark Pownall discuss the state and federal budgets, three byelections in WA (or maybe four), regulator activity, and our special report this week is the wine industry.

Curtin at coalface on Indian emissions

With carbon emissions in India expected to double in the years to 2030, research by a Curtin University team could have a dramatic environmental impact by helping improve the efficiency of the country’s coal-fired generators.

Latitude sells $2m gold project

West Perth-based Latitude Consolidated has agreed to sell its Mt Ida gold project near Leonora to Alt Resources in a cash and scrip deal worth $2 million.

Dunsborough Puma developer has court win

The proponents of a Puma Energy development on Dunsborough’s main street had a win in the Supreme Court yesterday, but the issue is far from settled according to a local advocacy group against the proposal.

Seven found dead at property near Margaret River

Four children are among seven people found dead at a rural property near Margaret River.

Artemis sells off $20m Novo stake

Artemis Resources has announced plans to sell its stake in Canadian joint venture partner Novo Resources for $20.7 million, with the proceeds set to be spent on exploration at the company’s conglomerate gold assets in the Pilbara.

WA Labor MP addresses citizenship concern

WA Labor MP Anne Aly claims that a letter from the Egyptian embassy regarding her citizenship has “put the matter to rest" following concerns surrounding her eligibility for parliament.

Aust shares open higher, led by miners

The Australian share market has opened slightly higher after oil and base metals prices rose, and Wall Street enjoyed strong gains.

$A higher after weak US inflation data

The Australian dollar is higher after the US dollar lost ground on the back of some disappointing US inflation data.

Oil prices edge higher on supply worries

Crude prices ended the session slightly higher on Thursday as investors weighed the potential disruption to oil flows from major exporter Iran in the face of US sanctions.

Gold prices firm as US dollar rally cools

Gold prices rose on Thursday as the US dollar backed away from 2018 highs after weaker-than-forecast US inflation data and as tensions between the United States and Iran also supported the precious metal.

Morning Headlines

Boost for Tourism WA

Spending restraint, jobs growth support budget

The state’s net debt will peak at a level $2 billion lower than previously forecast, at $40.9 billion, with Treasurer Ben Wyatt forecasting an operating surplus in the 2021 financial year.

Share market to three-month high

The Australian share market has hit a three-month high as surging oil prices fuelled a second straight day of big gains for the energy sector.

Landgate, TAB sales still in the offing

Treasurer Ben Wyatt said today the government was still working on the proposed sale of land registry service Landgate and gaming agency TAB.

York wins Port Hedland contract

York Civil has been awarded a contract by the Pilbara Ports Authority for upgrades at Port Hedland, estimated to be worth about $30 million.

Miners, property buyers face higher levies

State government revenue will be boosted by several policy measures announced today, including increased cost recovery from the mining, maritime and justice sectors, removal of the resource sector’s exemption from a training levy, and an increased levy on foreign property buyers.

Western Gas searching for Equus partner

Perth company Western Gas is on the hunt for a partner for its Equus gas field project off the WA coast, and has revealed a new development plan, with first gas expected in 2023.

Angry shareholders give AMP ‘first strike’

Angry shareholders have put AMP's board on notice, delivering a 'first strike' with a huge vote against the company's executive pay report.

Helloworld takes $3m stake in Perth travel firm

ASX-listed travel company Helloworld has taken a majority stake in Asia Escape Holidays, four years after a backdoor listing plan by Asia Escape and two other Perth travel agencies fell through.

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