Adrian Rauso

Australian Finance Group has posted a 0.8 per cent decrease in net profit, but is optimistic about its future following the federal election result earlier this year.

Automotive Holdings Group has suffered a loss of $232.6 million for the 2019 financial year, following major asset write-downs to its automotive and refrigerated logistics businesses during the period.

Shell is seeking to build its presence in the Australian power sector, launching a $617 million takeover bid for Australia’s second-largest energy retailer that looks likely to be accepted.

Mineral Resources managing director Chris Ellison’s base salary will be reduced by $300,000, as the miner’s full-year net profit after tax slumped 39 per cent to $165 million.

South32 has announced it is in talks to sell its struggling South African energy-coal business to Seriti Resources, but its Worsley alumina operations performed strongly.

Seven Group Holdings has reported a 40 per cent surge in full-year underlying earnings but a $291 million write-down in the value of its media business, which hit its bottom line.

Emeco Holdings tripled its profit for the 2019 financial year, but its shares dropped 9 per cent today after it flagged flat earnings in the first half of this fiscal year.

Technology Metals Australia has released the definitive feasibility study for its Gabanintha vanadium project, which revealed a longer-life operation than previously planned.

Western Australia has recorded the largest decrease in jobs for July, just a month after it was the only state or territory in Australia to experience an increase in employment.

Austal has secured a $US23 million ($34 million) contract with the US Department of Defence, and addressed media reports of a possible Philippines expansion.

Northern Minerals is set to raise $20 million via a private placement, the latest in a string of significant capital raisings the rare earths hopeful has undertaken this year.

Millennium Minerals has appointed Warren Hallam as managing director, marking Mr Hallam’s return as the leader of a junior miner since his short-lived stint at Capricorn Metals ended abruptly in March.

Shopping centre giant Vicinity Centres has felt the full force of WA’s weak retail climate, after it recorded a $227 million write-down, largely due to the performance of its WA portfolio, which had $191 million wiped off its value.

Shares in Castle Minerals have risen by as much as 150 per cent today, after the junior gold explorer signed a $US11.7 million ($17.2 million) farm-out agreement for two of its licences in Ghana.

CV Check is seeking to raise $3 million via a share placement, as it seeks to build on its recent positive momentum and accelerate growth.

Nicholas Oud has been removed from the roll of legal practitioners, after the Supreme Court of Western Australia upheld an earlier decision by the Legal Profession Complaints Committee.

Capricorn Metals is set to raise $65 million via a share placement it says will underpin the development of its $132 million Karlawinda gold project.

Cirrus Networks says it has won two contracts with the Western Australian government worth a combined $5.5 million, less than a week after it announced it secured a $5 million contract with the Australian Capital Territory government.

The Environmental Protection Authority has recommended environmental approval for the state government's Thornlie to Cockburn rail line extension, despite adverse effects on residents and cockatoo habitats.

Con Michael believes his portable, video conferencing technology can help save lives, and is calling on the state government to do more to help him realise this vision.

Australian Finance Group has signed a binding agreement to acquire Melbourne-based Connective Group in a cash-and-scrip deal worth around $120 million that will create an entity with over 6,575 brokers.

The state government has awarded three major school construction contracts, with Crothers Construction receiving two and EMCO Building the other.

Ronald Bower, the former sole principal of Perth-based Corser & Corser Lawyers, has been removed from the roll of legal practitioners, after the Supreme Court of Western Australia upheld the Legal Profession Complaints Committee’s decision.

EY has named Nick Tana as its Champion of Entrepreneurship at the 2019 Entrepreneur of the Year Western Region awards, while Jim Fitzgerald, Iris Smit and Daniel Morrison were among the seven other winners in Western Australia.

AGL Energy is set to continue its rapid expansion into the WA market, after it struck a deal to purchase WA’s third-largest electricity retailer, Perth Energy, for up to $93 million.

Canadian company Stantec has disclosed it paid C$135.8m ($147 million) for Perth-based Wood & Grieve Engineers, which it acquired in March, nearly 60 years after the Perth-based company was established.

Galaxy Resources said it expects to record a non-cash impairment charge of between $US150 million ($222 million) and $US185 million ($274 million) for the first half of 2019, reinforcing the current bleak conditions in the lithium sector.

Shares in Australia's big three iron ore miners have broadly stabilised today after suffering big falls in recent trading sessions, in line with a dramatic collapse in the iron ore price, which is down more than $US23 per tonne since its peak last month.

Macmahon Holdings and Newcrest Mining are heading towards a legal battle, after talks over a mining services contract dispute at the Telfer gold mine fell through.

Heytesbury has been gazumped by a company from Luxembourg after it struck a deal to purchase Wellard’s M/V Ocean Swagman.

Claremont-based Arrow Minerals and Subiaco-based Dreadnought Resources could soon be embroiled in a legal battle, after Arrow raised issues with Dreadnought’s acquisition of the Illaara gold project from Newmont Mining.

Swift Media founder Robert Sofoulis is set to pocket a windfall of about $3.8 million after the vesting of performance shares, despite the company expecting its underlying earnings to fall by over 7 per cent for the 2019 financial year.