A 34 per cent lift in first-half profit at MMA Offshore shows an improving environment for offshore service providers, with the company having won work with Woodside and Esso.
Gold explorer Apollo Consolidated is raising $10 million through a share placement to advance drilling activities at its flagship Lake Rebecca project in Western Australia.
Australia's four major airports achieved record profit in the past financial year, according to the ACCC, with Perth Airport touting its high passenger satisfaction relative to its counterparts on the east coast.
Junior gold explorer Alto Metals has received an off-market takeover bid from Chinese-owned Goldsea Australia Mining in an all-cash deal worth $20.7 million.
Energy, chemicals and resources company Worley has posted a 40 per cent jump in interim net profit to $115 million thanks to improved market conditions and the benefits of its Jacobs Engineering division buy, while at the same appointing Andrew Liveris as its deputy chairman.
Australian stocks have plummeted after offshore markets fell on fears the coronavirus outbreak is spreading across Asia and will increasingly affect global economic activity.
Oil prices fell about one per cent on Friday on renewed concerns about crude demand being pinched by the economic impact of the coronavirus outbreak, while OPEC and allied producers appeared to be in no rush to curb output.
Gold has jumped more than 1.5 per cent to its highest level in seven years as investors rushed to the metal's safety due to concerns over global economic fallout from the fast-spreading coronavirus.
The ASX has launched a technology index with 46 constituent companies and while several, such as Nearmap and ResApp Health, have a WA connection, none are based in Perth.
The Australian share market has finished lower for the first time since Tuesday, with every sector down except financials after the two days of gains sent it into record territory.
Australian Finance Group has reported a 20 per cent rise in first-half net profit to $17.7 million, sending its shares 10 per cent higher at the market close today.
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Potential partners are lining up to get involved with the Australian Biome Project, as the team behind the $550 million tourism development seeks $6.5 million to conduct a full feasibility study and advance the proposal to its next stage of development.
Yara Pilbara and Engie have received a $1 million boost for a planned renewable hydrogen project from the Australian Renewable Energy Agency, but Western Australia will not be involved in the establishment of a new Australian Hydrogen Centre.
Galaxy Resources has disclosed a $US284 million ($A430 million) loss for the 2019 financial year, driven by lower lithium prices and non-cash write-downs and impairment at its Mt Cattlin mine near Ravensthorpe.
Fashion accessory chain Colette by Colette Hayman will close five of its stores in Western Australia, including both stores in the CBD, after the struggling retailer was placed into voluntary administration earlier this month.
Former Downer executive Mike Sutton has been appointed as MACA chief executive after Chris Tuckwell announced he would be stepping down from the role, following an 11-year stint. MACA has also appointed Chris Sutherland to its board as a non-executive director.
Business Events Perth has announced that ‘evokeAG', Asia Pacific's largest agri-tech event, will come to Perth in February next year, the first time the event will be held outside of Victoria.
Oil prices rose on Thursday after the US government reported a much smaller-than-anticipated rise in crude stocks, but gains were capped by worries about the spread of coronavirus outside China.
Gold prices climbed to their highest level in seven years overnight as an uptick in the number of coronavirus cases in South Korea fuelled worries over the wider economic impact of the outbreak.
The West Coast Eagles have reinforced their status as the financial powerhouse of the AFL, increasing revenue to $88.7 million and annual profit to $8 million, according to financial statements lodged with the corporate regulator.
Austal's Alabama shipyard has propelled the Henderson-headquartered shipbuilder to a record half-year earnings performance and a solid lift in net profit.
Little Green Pharma began trading on the ASX today, with its shares closing 10 cents below the price of its initial public offering, despite signing a five-year supply contract with a UK pharmaceutical company overnight.
Western Australia's unemployment rate has risen to 5.8 per cent in January, sitting above the national average, despite the state recording 6,700 more people in employment for the month.
Civil and mining contractor NRW Holdings has reported strong profit and revenue gains in its interim results, with the company saying its completed acquisitions and plans for alliance-style contracts would support strong future growth.
