The West Australian business
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Labor’s budget tax grabs cited modest rent increases of less than ‘$2 per week’ but new analysis shows Perth rents have risen at least $45 since it was handed down by Treasurer Jim Chalmers in May.
Analysts are decidedly underwhelmed by earnings season as it advances past the mid-way mark with more companies than expected being downgraded.
Two gold bosses have inked a joint venture over a potentially lucrative tenement . . . in West Perth. Plus, Guzman y Gomez CEO’s call to action, a sports titan puts the boot in and Rockingham’s radioactive.
Australia’s competition cop has launched a first-of-its-kind legal action against one of the nation’s most popular car makers.
Friday’s reporting season results unveiled more red than green, with a gold miner the clear standout as it continued to sell into record prices for the precious metal.
A week of strong healthcare gains has failed to shield the ASX from sliding, as soaring oil prices reignited global inflation fears.
Guzman y Gomez is paying a heavy price for its US flop but founder Steven Marks is now shifting the attention back to Australia, where it hopes to match the likes of McDonald’s with 1000 stores.
Bosses are cycling through Australia’s biggest companies 40 per cent faster, but what gets them fired has changed even more dramatically, with non-financial failures now behind most sackings.
An electrical business based in Robinson has been named the best small sparky company in the country.
The Bulls N’ Bears ASX Runner of the Week is Genesis Resources, which rocketed 500 per cent after returning bonanza-grade rock chip samples of up to 28.8 grams per tonne gold from its Arltunga project.
Spending on artificial intelligence infrastructure has resulted in Alibaba registering a 75 per cent drop in profit for the latest quarter from the year before.
Beacon Minerals says its ore reserve for the Iguana deposit north-west of Coolgardie contains 430,000 ounces of gold and could generate pre-tax cash flow of $841 million.
It’s been another strong financial year for Kalgoorlie-Boulder mining services firm MLG Oz, with improvements in revenue, underlying profit and statutory net profit after tax.
A Gothic-style castle in Ireland built in about 1830 has been bought by Meta CEO Mark Zuckerberg.
US stocks have opened lower as investors digested the minutes of a Federal Reserve meeting and monitored government bond yields.
The planned rollout of electric hydrofoil vessels on Perth’s Swan River next year is advancing, with the venture capital firm behind Canva’s massive success leading a $27 million fund raising.
Relations between unions and BHP at the miner’s WA iron ore port have hit a new low after police were called for what the miner claimed was ‘aggressive behaviour’ towards a woman by three union officials.
Two e-bike models have been recalled across Australia over fears a major fault could lead to death or serious injury.
America’s $US40 trillion debt mountain is rattling one of investing’s oldest safety nets, with Australian Retirement Trust warning bonds could fall alongside shares instead of cushioning a market rout.
Australia’s sharemarket has snapped a six-day losing streak despite US President Donald Trump promising an “economic D-Day” on Iran.
