The state government is poised to reveal its $4 billion plan for a new port at Kwinana as it seeks to ramp-up infrastructure projects to help kickstart the state's economic recovery from COVID-19.
Oil prices rose more than 2 per cent overnight as signs that fuel demand was recovering, while OPEC+ members were complying with a production cut deal, outweighed fears that new coronavirus infections could further slow the global economy.
Gold fell more than 1 per cent overnight as the dollar hovered near a more than one-week high, but the metal held above $US1,700 an ounce, buoyed by fears of a second wave of coronavirus infections.
The Committee for Perth has renewed its push for a world-class centre for indigenous culture as part of a two-year action plan to boost the city's international reputation. Another key recommendation was to establish Perth as a renewable energy leader.
Western Australia's planned new laws to accelerate major project approvals would be a good model for other states and should be passed through state parliament quickly, Prime Minister Scott Morrison said today.
The Australian share market has closed sharply lower for a third straight day following a sell-off in the last 90 minutes of trade, amid fears of a second wave of COVID-19 infections in the US and China.
Gold explorer Vango Mining has launched a $15 million share placement to fund upcoming drill programs at its flagship Marymia project in Western Australia.
Salt Lake Potash has moved into the construction stage for its Lake Way project in Western Australia's Goldfields after signing two contracts with GR Engineering Services, worth a combined $107 million.
Curtin University will join Cisco, Optus, and La Trobe University to establish a new cross-industry alliance aimed at using their collective resources to address changing digital infrastructure and stimulate economic activity.
WA's universities are not the only businesses bearing the brunt of fewer international students, with the economic fallout likely to extend to the state's property, retail and transport sectors.
India could be the world's next great growth story, and Australia is acting to strengthen its relationship with the country of more than 1.3 billion people.
Free to read: With WA's exports to China approaching $100 billion annually, business leaders are considering how the state might create alternative opportunities in a volatile environment. Plus, click through for our podcast with Asian Engagement Minister Peter Tinley.
Plans to build a $32.5 million soccer centre in Queens Park are under way, with the project jointly funded by the state and federal governments, while Western Australian sports associations will benefit from a revised infrastructure funding model.
Newly appointed Boral chief executive Zlatko Todorcevski says there are no sacred cows in the company portfolio as he attempts to improve on recent disappointing results.
Super Retail Group has announced a $203 million equity raising to fund sales growth and working capital amid the disruption caused by the coronavirus pandemic.
Oil was little changed on Friday and logged a first weekly decline since April as new US coronavirus cases spiked, stoking fears of a second wave of the virus hitting fuel demand.
Gold prices gained on Friday as investors bought the safe-haven metal as fears of a fresh wave of coronavirus cases added to the gloomy economic outlook from the US Federal Reserve.
The London-based exchange that sets standards for the global gold industry has commenced a review of The Perth Mint following reports the WA government-owned business was buying gold from unethical miners.
Property developer Paul Blackburne has unveiled a $300 million plan to redevelop the former Sundowner Centre on Stirling Highway into 245 apartments with parks and cafes open to the local community.
Explorers Kin Mining, Mindax and Bryah Resources have each launched capital raisings today, with the majority of the proceeds to advance drill programs in Western Australia, while Chile-focused Tesoro Resources is seeking funds to advance its El Zorro gold project.
Plans by Ingham's Group to vacate prime real estate in Wanneroo have been delayed after property developer Harvis Capital won a Supreme Court ruling overturning development approval for the chicken producer's new site in Muchea.
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.
