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Emco wins $37m school contract

Osborne Park-based EMCO Building has been awarded a state government contract worth $37.6 million for the first stage of construction of Butler North secondary school.

Antilles in $6.3m backdoor listing

Antilles Oil and Gas has announced plans to acquire aged care technology company HomeStay, which counts Fastbrick Robotics chair Shannon Robinson among its directors.

More customers connect to faster NBN plans

More Australian homes and businesses are connecting to higher-speed services on the National Broadband Network, while NBN said today it had more than doubled revenue in the first nine months of the financial year.

Building a case for timber

Alternative construction materials are attracting more interest in WA.

Oil prices drive Australian stocks higher

The Australian share market has opened higher after Wall Street made strong gains, getting a boost from rising oil prices following the US exit from the Iran nuclear deal.

$A follows Wall St, commodities higher

The Australian dollar is higher. following a strong lead from US stocks and commodity prices.

Oil jumps 3% after US quits Iran deal

Oil prices rose about three per cent on Wednesday and hit fresh three-and-a-half year highs after a bigger-than-expected drawdown in US oil inventories extended gains from the United States' decision to quit a nuclear deal with Iran.

Blackburne receives top property accolade

Blackburne’s Aria Swanbourne luxury apartments has been named Western Australia’s development of the year, following an awards ceremony held by the Property Council of Australia WA and Rider Levett Bucknall last night.

Gold prices fall as markets stay positive

Gold prices dipped on Wednesday as safe-haven buying failed to kick in after the United States withdrew from the Iranian nuclear accord, and as rising US Treasury yields added pressure.

Morning Headlines

Higher WA property surcharge to hit foreign buyers

Oil stocks lead Aust share market higher

The Australian share market has closed slightly higher as strong gains in oil stocks, following the US exit from the Iran nuclear deal, helped offset a heavy decline in Commonwealth Bank shares.

Swift wins five-year contract

Local telco Swift Networks has secured a five-year services contract in the oil and gas industry.

Art adds value to planners

An art exhibition that aims to showcase the creative side of the state’s town planning professionals is under way at Brookfield Place.

Asic hands down lifetime ban to Perth broker

A former Perth-based insurance broker has been permanently banned from the financial services industry by the corporate watchdog for misleading, deceptive and dishonest conduct.

Wilson resignation triggers third WA by-election

Fremantle MP Josh Wilson has triggered a third by-election in Western Australia, after resigning today following a High Court ruling that removed Labor senator Katy Gallagher from parliament.

Kin suspends work at Leonora

KIN Mining has suspended construction at its $35 million Leonora gold project after a review by Como Engineers confirmed increases in pre-production capital costs.

CBA pays $25m to settle dispute

Commonwealth Bank of Australia says it made a third-quarter cash profit of $2.35 billion, while also agreeing to pay $25 million to settle legal action brought against it by the corporate regulator over bank bill swap rates.

Grandage selected to lead Perth Festival

For the first time in its 65-year history, Perth Festival has appointed a home-grown artistic director, Iain Grandage, whose creative vision will be executed across a four-year tenure starting in 2020.

Zorzi sells stake in Aveling Homes

After 10 years as a partner in Aveling Homes, Walter Zorzi has sold his share in the business and stepped down as one of the company’s directors.

Benefits of commitment clear

All the marketing in the world won’t help your business if the people who work there aren’t great, and committed to doing their best.

Lounge offers business connections

The Small Business Lounge on Mount Hawthorn’s Oxford Street is just the first step for founder Brooke Arnott, who plans to take the advisory concept nation wide.

Banks weigh on positive Aust stocks open

The Australian share market has opened slightly higher despite a sharp drop in Commonwealth Bank shares and a flat session for the US stock indexes.

Future-proofing Black Swan productions

Black Swan State Theatre Company executive director Natalie Jenkins knows all too well how important diverse revenue streams are for the production of large-scale performances.

Yolk expands project portfolio

Government partnerships, a focus on sustainability and counter-cyclical acquisitions have bolstered Yolk Property Group’s growth.

$A follows metals prices lower

The Australian dollar is lower, after metals prices fell overnight and Wall Street put in a mixed performance.

Oil trims losses after Trump Iran decision

Oil prices recouped some losses to end about two per cent lower on Tuesday after President Donald Trump confirmed the US will withdraw from the Iran nuclear deal in a volatile session which saw prices slump as much as four per cent.

Gold flat after US dollar hits 2018 high

The spot gold price is slightly higher following a brief increase on Tuesday after the US dollar backed down from a new 2018 high as worries hovered over the United States' decision to pull out of a key nuclear accord with Iran.

Morning Headlines

Squeeze on tax deductions to bring in $1.1b

Barry Urban quits after expulsion ruling

Two by-elections will take place in Western Australia in coming months, after a parliamentary inquiry into scandals involving Darling Range MP Barry Urban recommended his expulsion from parliament.

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