Western Australia recorded a $4.4 billion surplus in the first quarter of this financial year, thanks in large part to a generous GST top-up grant and growing royalty revenue. Budget papers published in September indicated the state was due to...
East coast businesses GenesisCare and Icon Cancer Centre have been selected by the Western Australian government to provide radiation oncology services in Perth's greater metropolitan region, under a shared contract worth $21.2 million. The contract was awarded from the South...
A spike in indemnity insurance claims in an overheated construction market has triggered concerns builders may not have adequate cover to complete builds. The state’s Building and Energy Division has reported a 42 per cent increase in the number of...
Mr Warnes expects major players in the retail sector that benefited from the pandemic - JB Hi-Fi and Harvey Norman, for instance - to “pay strong dividends” in 2022. Tribeca Investment Partners portfolio manager Jun Bei Liu agreed that...
Administrators have recommended creditors of construction company Pindan accept its parent company’s $14.3 million payment offer, but there are doubts about whether larger claimants will back the move. In an updated report released late this afternoon, administrators from EY recommended...
Australians are being urged to renegotiate their electricity deals over the next three years to make the most of an expected fall in prices. The Australian Energy Market Commission (AEMC) said on Thursday that electricity prices will fall 6 per...
Major US stock indexes had a mixed week as investors rotated portfolios away from growth stocks into value stocks following the renomination of US Federal Reserve Chair Jerome Powell ahead of Fed Governor Lael Brainard. Lacking a strong lead from...
A regional New South Wales businesswoman will be boycotting Black Friday sales and is urging others to do the same. Key points: Milliner Laura Hall says after the drought and the pandemic, she can't afford to cut prices for Black Friday Australians are expected...
Live Retailers are expecting a multi-billion dollar spend-up this weekend as Australians grab a bargain in the Black Friday-Cyber Monday sales. The Australian Retailers Association has predicted sales worth $5.4 billion over this weekend, a major boost for retailers after another...
A federal government-backed plan to turn Tasmania into a power hub supplying the big cities in the southeast of the mainland would be a costly dud, according to a Victoria University-linked energy researcher. The plan to build out pumped hydro...
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