A faster-then-expected fall in iron ore prices, which are half their peak levels, has led to a big sell-off of mining stocks and raised doubts about the government’s budget outlook.
The City of Stirling has pushed for AMP Capital’s $150 million Karrinyup apartment proposal to be refused, arguing the three towers constituted an overdevelopment of the site.
The administrators of embattled construction company Pindan have been granted another extension, while flagging a potential claim against the company’s directors for insolvent trading.
Fortescue Metals Group has announced a high-level framework agreement with the Eastern Guruma people and flagged a $500 million mining joint venture but was light on details.
Canva has become the world’s most valuable private software company after a $US200 million capital raising; its Perth-raised founders have pledged their stake for social good.
Australia is set to build nuclear-powered submarines as part of a security pact with the US and the UK, although full-cycle docking is set to remain in Adelaide.
Noted pearl farmer Lyndon Brown has sold his prominent Peppermint Grove property for $15.7 million following a long running stoush with the council over its heritage listing.
The not-for-profit behind a $32 million plan to build Australia’s largest natural marine observatory at Busselton has lodged its plans with the federal government today.
Investors, consumers, and activists are pressuring big businesses to ensure the ethical security of their supply chains, but the first round of modern slavery statements shows varying degrees of compliance.
Qantas Airways boss Alan Joyce had a pay rise to almost $2 million in the past financial year, while thousands of staff were cut due to the effect of COVID-19.
John Holland and the state government have both had partial successes ahead of a trial in October 2022 over a $180 million Perth Children’s Hospital contract dispute.
The Shire of Ravensthorpe has sacked its chief executive in a decision shrouded in secrecy, revealing only that it was based on confidential information from the CCC.
Cleantech business Hazer Group and marine technology manufacturer VEEM have raised a combined $13 million from share placements to fund research and development initiatives.
Premier Mark McGowan has lashed the federal government for ignoring WA's shipbuilding capability after it confirmed full-cycle docking would remain in Adelaide.
MACA, Mineral Resources and WesTrac have formed an alliance to support the Harry Perkins Institute of Medical Research’s fundraiser for cancer research.
Hall & Prior has given 100 per cent of its residential aged care workforce the first dose of the COVID-19 jab and reported 10 staff have resigned due to the vaccination requirement.
