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'No panicking' on ASX over trade tensions

Australian shares have closed lower amid renewed concerns about US-China trade tensions, but a feared rout of the market was avoided.

Cinema business plans equity crowdfunding

Unlisted Perth company Demand.film is joining the trend toward equity crowdfunding, announcing plans to raise up to $2 million through Birchal.com.

Bartier takes lead at BGC Residential

The state’s biggest homebuilder is embracing the opportunity to grow market share under new leadership.

High Court win for Rinehart

A legal dispute between Australia's richest person Gina Rinehart and two of her children will be heard in private after the High Court ruled in her favour.

TPG, Vodafone shares crash on merger block

TPG Telecom shares have crashed along with those of Vodafone's local joint venture partner after the competition watchdog blocked the communications giants' $15 billion merger.

Hancock passes 85% in Riversdale takeover

Gina Rinehart's Hancock Prospecting appears to have emerged victorious in its $644 million bid to acquire metallurgical coal hopeful Riversdale Resources, after Resource Capital Funds accepted the deal.

EPA approval for big Greenbushes investment

A big expansion of lithium production at the Greenbushes mine is a step closer after Talison Lithium was given environmental approval for its plans to lift output to 2.8 million tonnes per annum.

Orthocell soars 356% on test results

Shares in Perth biotech Orthocell more than quadrupled in value today after the company released positive results from a trial of its nerve regeneration product.

AHG backs AP’s improved takeover bid

Automotive Holdings Group’s $2.3 billion takeover from rival AP Eagers is set to go through, after AHG urged its shareholders to accept a revised offer from AP.

Jerkovic quits Geopacific

Milan Jerkovic has resigned as non-executive chairman of Geopacific Resources after five years in the role, and he will be replaced by Ian Clyne.

Morning Headlines

Smart trucks for Rio’s future mine

Oil at lowest in a month on trade concerns

Oil prices closed at their lowest in about a month overnight as renewed doubts over a US-China trade deal stoked concerns over global growth and on expectations that US crude stockpiles could hit fresh 19-month highs.

Gold edges up on US-China trade jitters

Gold prices gained overnight as stock markets weakened after a US threat to hike tariffs on Chinese imports renewed trade tensions and improved demand for safe-haven bullion.

Big property manager into administration

Administrators have been called in to 12 companies under the umbrella of South Perth-based Sterling First, which claims to have a residential property portfolio of $900 million.

ASX loses most gains after RBA decision

The Australian share market has closed up slightly, having given up some of its gains following the Reserve Bank's decision to keep rates on hold for a record 33rd month.

Gold explorer breaks listing drought

Mont Royal Resources has become just the second Western Australian exploration company to list on the ASX this year, with the help of high-profile directors and ‘family office’ investors.

SNC picked for energy contracts

Canadian contractor SNC Lavalin has announced it picked up work at two gas operations in Western Australia, including design work for a new power station at the Devil Creek gas plant.

WA’s jobless rate could go higher

OPINION: The stubbornly high level of unemployment – despite a stronger economy – has many worried, particularly as new mining technologies increasingly cut into workforces.

PS Structures for $41m Balcatta High rebuild

PS Structures, Ertech and WBHO Infrastructure are among contractors that have won $53 million of work from the state government in recent weeks, while PwC has been selected for two major consulting reviews.

Labour market key as RBA holds cash rate

The Reserve Bank of Australia has resisted temptation to cut the cash rate from its record low 1.5 per cent, but a move could still be on the horizon after it flagged concerns at the pace at which unemployment is falling.

The future of energy

Western Australia has a critical role to play in driving the world’s energy future.

Energy choices and health: a fine balance

Fortunately in our country we can be fairly confident that considerations about our energy future factor in direct environmental impacts but should we be going further and considering a wider climate

Electrifying the transport network

The electrification of our transport network — a future where electric vehicles (EVs) abound — will be central to a looming shift in how we move around our cities and regions, and how we manage the he

WA Leads The Charge In Battery Minerals

How do decarbonisation, electric vehicles, energy storage systems, and smart devices benefit Western Australia? They all involve modern li-ion battery production using minerals sourced in the state.

Iron ore exports fall 14%

Australia's trade surplus dropped four per cent in March, to a seasonally adjusted $4.95 billion.

Empired loses out on Main Roads works

Shares in Empired fell as much as 20.5 per cent today, after the company announced it would not have its contract extended for the provision of ICT services for Main Roads Western Australia.

Fenix to form JV with Minehaul

Fenix Resources has formed a strategic alliance with trucking and logistics company Mineheaul, to be led by Craig Mitchell, which the mining company said is a significant step towards the development of its Iron Ridge project.

Seven ways WA stays top in traditional fuels

Our list of seven reasons why WA will continue to be at the forefront of development of traditional fuels.

Spearheading move to power off grid

The battery minerals boom may have captured the public’s imagination, but WA is also at the vanguard of applying batteries and other technologies at the consumer level.

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