Business News

Mark McGowan says regional WA travel restrictions will soon be announced, foreshadows beach closures. Optus Stadium converted to emergency headquarters for WA police. WA's confirmed COVID-19 cases grew by 35 to 175.

Kelmscott-based adviser Anthony Hilsley has been banned from providing financial services for four years, while real estate sales representative James Mitsopoulous has been banned from working in the industry for 10 years.

Treasurer Ben Wyatt has reversed his decision to retire from politics, announced just one month ago. Read his statement in full.

Calima Energy has made some changes to its management structure to maintain balance sheet strength, preserve flexibility and reduce overheads across the business.

WA's confirmed COVID-19 cases jumped by 20 overnight to 140. Premier Mark McGowan warned not enough people were adhering to social distancing rules. WA will go into border lockdown tomorrow while cafes, restaurants and bars were restricted to takeaway services only at 12pm today.

New research from BDO has found Australian companies are unaware of the cyber security threats they're facing, despite becoming more sophisticated in how they manage the issue more broadly.

Our daily board moves wrap includes John Palermo, Anthony Fitzgerald, Glenn Jardine, Shane McBride, Eva O'Malley, Andy Bayfield, Grant Froese, Frank Holler, Peter Harold, and Sophie Raven.

PM Scott Morrison announces further restrictions on indoor gatherings. He also announced a delay to the federal budget. Australia has recorded its seventh COVID-19 death. WA has 12 new cases.

Our weekly appointments wrap includes Lisa Dobrin, Alistair Morgan, Jodie Carlson, Hannah Marcuson and Adam Smits.

Our daily board moves wrap includes Douglas Loh, Tim Desmond, Terry Smart, John Baillie, Petar Tomasevic, Leeanne Bond, Will Burbury, John Richards, Kevin Lines, Mark Zeptner, Tim Manners, Richard Jones, James Croser, Nader El Sayed, Les Davis, David Baxby, and Tim Bult.

Roger Cook confirms community transmission in WA. Prime Minister Scott Morrison has imposed a travel ban on all non-residents. Confirmed COVID-19 cases in Australia has reached 514.

Mineral Resources boss Chris Ellison has struck a deal with his brother Andrew Ellison’s company to sell two of its non-core manganese assets while also providing project funding and mining services assistance.

Zenith Energy will increase the capacity of a power station at one of Toronto-based Superior Gold’s operations in Western Australia after receiving a 52-month contract extension.

AFL boss Gillon McLachlan has announced the league will proceed with Round 1 as planned, with the first match to be played between Richmond and Carlton at the MCG tomorrow night.

Charles Rottier has joined the board of Tempo Australia as an independent non-executive director.

A growing number of hospitality venues are either closing or revising their operations, after the Prime Minister announced the ban of all non-essential gatherings of 100 plus people. The ban is effective immediately and will impact religious services.

Perth technology company Track’em has been awarded its second contract with Downer this year for the provision of its cloud-based asset tracking software.

Euroz has flagged an $8 million hit to its earnings after pulling out of its 80 per cent-owned Prodigy Investment Partners joint venture, which had underperformed in recent years.

Marine technology company VEEM has secured a $9 million order from the Australian Submarine Corporation for specialised parts for the Collins-class submarine maintenance program.

Keith Bowker, who was previously banned six years from providing financial services, has received a reduced ban of two years after appealing the ASIC decision to the Administrative Appeals Tribunal.

Civil and mining contractor NRW Holdings has been awarded an airport upgrade contract with BHP at its Olympic Dam project in South Australia.

Australia has upgraded its international travel advice to the highest level, with all citizens being told not to travel overseas because of coronavirus. It comes as Virgin Australia suspended all international travel for more than two months.

Sonu Cheema, current company secretary of Avira Resources, will also become a non-executive director of the company.

Mark McGowan is resisting calls to close interstate borders as he confirmed three more coronavirus cases.

Our daily board moves wrap includes Richard Monti, Terry Wheeler, Carl Popal, Rodney Dale, Nicole Hollows, Joel Nicholls, Arthur Palm, Mark Twycross, David Williams, Shannon Coates, and David Bell.

Horizon Minerals has executed a $4 million loan facility with a German investment group, while also announcing a share placement to raise $2 million to fund the development of its Boorara gold project in Western Australia.

SRG Global has secured a five-year contract with Saracen Mineral Holdings to provide drill and blast services at the Thunderbox and Carosue Dam operations in Western Australia.

Infrastructure group Downer EDI's possible sale of its mining business to Perenti Global has been suspended due to the market volatility caused by the coronavirus pandemic.

David Wheeler has joined the board of Blaze International as non-executive chair.

West Leederville-based medtech startup Singular Health will raise $1 million ahead of a planned IPO in September, with PAC Partners appointed lead manager for the listing.

The federal government will be advising against mass gatherings of more than 500 people from Monday, Prime Minister Scott Morrison said today, in response to the growing coronavirus threat.

Emerald Resources has moved closer to developing its Okvau gold project in Cambodia after signing a $US230 million ($A365 million) mining contract with MACA.