Businesses from around Western Australia have been recognised as leaders in their industries after Telstra announced the Best of Business award winners.
A Kalgoorlie-Boulder engineering company is believed to owe about $5.2 million to 195 creditors, with a Supreme Court ruling giving its liquidators the power to sell assets.
The cash rate has hit its highest level since December 2012, with a $500,000 home loan now costing $880 more per month than before the hikes started in May.
Retail spending was up 10.5 per cent in Western Australia in July compared to the same month in 2021, but most states substantially outperformed the west.
The family behind food producer Mrs Mac’s is lying low amid rumours about the future of the business, after the pandemic took its toll on the company’s bottom line.
Premier Mark McGowan says international factors are driving inflation, after Perth prices rose 7.4 per cent in the year to June, Australia’s highest rate.
An entity led by socialite and businesswoman Natasha Marshall Donnelly is suing the boss of the turf business she bought over allegations he misrepresented the financials.
Moves to lift the official cash rate show no sign of slowing, with the Reserve Bank indicating interest rates will need to be much higher to stop inflation.
