News

$750 million fund to pay for huge ‘legacy projects’ across the State

The local share market has had its sixth consecutive day of subdued trading, with losses by the big miners balanced by gains for the big banks.

Richard Wilson’s resignation as the Liberals’ WA president more than a year after an internal party review makes clear the reasons for the 2021 wipe-out remain.

Senators have received an open letter from Australia's chambers of commerce, calling on them to vote down workplace relations reform if the Bill is not split.

Tax and IR reform ‘a risk to jobs’

The local share market closed 0.2 per cent higher on Friday but posted a weekly loss after three straight weeks of gains.

Grain farmers "nailed the jackpot" in a financial year where transport, ICT and the arts also delivered double-digit growth; and the state’s economy increased by 3.1 per cent.

The signposts towards a global recession are looming larger.

Trade talks at the APEC summit in Thailand could be a chance for the prime minister to progress moves to remove China's sanctions on Australia.

Hopes high for Genesis deal as Western Areas’ Lougher joins St Barbara

The local share market ended 0.2 per cent higher on Thursday, helped by gains in financials, health care and consumer stocks.

Rising interest rates and economic pressure have failed to dent WA’s jobless rate, steady at 3.5 per cent, while national data hit a fresh record.

A cross-party federal parliamentary committee has given the green light to a new trade deal between Britain and Australia.

Miners to top ‘Rudd tax’ campaign

The local share market has closed lower, with investors apparently treading cautiously as the war in Ukraine threatened to spill across the border into Poland.

Wages are tracking upwards, growing by 3.1 per cent in the year to September, but still failing to keep up with the rising cost of living.

Maritime mayhem threatens WA grain

The local share market has finished little changed for a second straight day, despite double-digit losses for a number of lithium producers.

Commonwealth Bank says its cash net profit after tax in the September quarter was up 13 per cent from the same time a year ago.

Consumer confidence has recovered a little after weeks of declines, with people feeling slightly less bleak about the future of their finances and the economy.

Technical setbacks hit Gorgon carbon capture project

The ASX's mining giants are hitting their highest levels in months, countering losses by the banks and consumer stocks.

Warrego Energy has agreed to a takeover offer from Kerry Stokes-backed Beach Energy, bypassing a competing offer from its joint venture partner, the John Poynton-chaired Strike Energy.

Reducing Australia's dependence on China will be an important step for securing the nation's resilience, as Anthony Albanese seeks a meeting with Xi Jinping.

Australians can expect the number of cyber attacks targeting their sensitive data to double, with a cyber security report making other key warnings.

Barrick Gold eyes De Grey Mining

The ASX has enjoyed its second-best day of gains since 2020, rising 2.7 per cent, after consumer price figures suggested US inflation has finally peaked.

The ASX has jumped 2.8 per cent in morning trade after US consumer price figures showed signs American inflation is finally peaking.

Labor risks new tax row with miners

The ASX200 has dropped 0.5 per cent ahead of the release of key US inflation data overnight.

Seven West Media's television revenue will likely drop by eight per cent in the first half, CEO James Warburton has told the company's annual general meeting.

Origin Energy shares have soared by a third after its board said it would recommend a $9-per-share takeover offer from Brookfield Asset Management.