Gold miner Saracen Mineral Holdings has been added to the S&P/ASX 100 stock index, reflecting strong growth in the company's market value this year, while Seven West Media's steep slide has see
The Australian share market has plunged for the second day in a row, snapping a string of six consecutive winning weeks as fears rose about a second wave of coronavirus cases in the US.
The big iron ore miners exporting out of Port Hedland will have to pay up to $220 million to property owners in the town's West End, under a buy-back scheme announced by the state government today.
PODCAST: Mark Pownall and Mark Beyer discuss market volatility, iron ore outlook, Pilbara issues, indigenous heritage, property stimulus, honoured leaders, our special report on Asian engagement, and our Great for the State feature on value adding.
Prime Minister Scott Morrison has said lifting coronavirus restrictions will be fast-tracked to allow more people into stadiums, pubs, restaurants, weddings and funerals, while acknowledging WA may keep its border shut through July.
Perth-based Hazer Group is raising $8.4 million from a share placement to fund the development of its proposed hydrogen plant, which will be built at Water Corp's Woodman Point facility, while Harvest Technology Group is raising funds for software development.
Murdoch University has withdrawn legal action against staff and senate member Gerd Schröder-Turk after the academic had reportedly criticised the university's admission processes for international students.
Victorian entrepreneur Graeme Croft has been in the aged care business for more than 35 years, and says he's been sizing up the Western Australian market for some time.
Shares have sunk about 2.5 per cent early on the Australian market as local investors pulled back following a slide on Wall Street on resurgent worries of virus infections in the US.
Oil prices tumbled by about 8 per cent a barrel overnight, fuelled by renewed concerns about demand destruction as new cases of coronavirus tick up globally, while crude inventories hit a record in the United States.
Gold eased overnight as the dollar firmed but fears over a fresh wave of coronavirus infections and the US Federal Reserve's pledge to keep interest rates low kept bullion close to its highest in over a week.
Draft legislation aimed at better protecting payments for subcontractors has excluded previously promised cascading statutory trusts, and instead promises a more “measured approach to implementing payment reform”.
BHP said today it would not disturb 40 Aboriginal heritage sites in the Pilbara until it has consulted with the native title holders, just weeks after gaining government approval to clear the sites.
Celsius Property Group has added land development to its portfolio, appointing former Satterley Property Group executive Brenton Downing to lead the expansion.
Piedmont Lithium has launched a $29 million capital raising to advance its namesake project in the US, while Arafura Resources and Vimy Resources are raising funds to develop rare earth and uranium projects in Western Australia and the Northern Territory.
Southern Cross Electrical Engineering is still pursuing a claim for $11 million from Decmil in relation to a subcontract, saying today that an adjudication last week requiring Decmil to pay just $152,657 was only a preliminary ruling.
UPDATED: The Perth Mint has launched a review of its audit practices after reports the WA government-owned gold refiner failed to apply appropriate checks on its customers, notably unethical gold miners in Papua New Guinea.
Metals X has signed a $32 million farm-in and joint venture agreement with IGO, which will explore the company's copper operations in the Paterson province, while also announcing the potential restart of its Nifty operations.
Three innovative companies in WA - ABS Facade, FBR and TENSA Equipment - are making waves in the building and construction space and in some cases breaking global records.
Alliance Aviation Services is seeking to raise up to $121.9 million to buy more jet aircraft to service additional charter customers in the mining, tourism and regional markets.
JB Hi-Fi has bumped up its full-year profit guidance following a surge in sales since March as customers forced to work from home boosted demand for home appliances and technology products.
Stocks on the Australian market have slipped by more than one per cent in early trade after a bearish outlook by the US Federal Reserve hit sentiment among local investors.
Oil rebounded from earlier losses overnight, even as US data showed crude inventories rose to a record high, reviving worries of a persistent glut due to weak demand.
Gold rose nearly 1 per cent to a one-week high overnight after the US Federal Reserve held onto its pledge to ease the economic pain from the coronavirus pandemic, boosting bullion's safe-haven appeal.
During the peak of COVID-19, many Local Governments were struggling to find a solution to efficiently communicate the ever-changing information relating to the pandemic.
