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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.