The Australian share market has slipped after again approaching its best-ever close, fading ahead of key US economic data and a long weekend in most Australian states.

Business News

07.06.2025

At Close of Business podcast June 6 2025

Kathy Skantzos and Claire Tyrrell discuss why a planning consultancy is undergoing a structural shift.

Business News

07.06.2025

DevelopmentWA appoints new operator for Manning Road Farmers Market

DevelopmentWA has appointed It’s in the Bag Promotions and Events to run the Manning Road Farmers Market, securing the future of the popular operation.

Business News

07.06.2025

City of Vincent joins neighbouring local govt in suspending e-scooter hire trial

The City of Vincent has followed the City of Perth in banning the hiring of e-scooters in order to conduct a review of the service following the fatality last weekend.

Business News

07.06.2025

Bid to lift four-month operating limit on contentious lime pit refused

A proposal to remove strict operating limitations on a lime pit near Denmark has been knocked back again in a move one farmer-turned-miner has labelled 'anti-development'.

Business News

07.06.2025

Trott coy on CEO talk as Rio’s new $US2bn mine opens

Rio Tinto’s iron ore boss Simon Trott has brushed off suggestions he is eyeing the global chief executive role to be vacated by Jakob Stausholm, as the pair opened a new Pilbara mine today.

Business News

06.06.2025

BHP to demolish part of Port Hedland's Esplanade Hotel

BHP will demolish the new accommodation wing of a historic portside Port Hedland hotel which the miner purchased in 2018.

Business News

06.06.2025

Virgin Airways confirms ASX listing plan

Virgin Australia Holdings has locked in plans to raise $685 million from investors so that some of its existing backers can reduce their stake in Australia’s second largest airline.

Business News

06.06.2025

Cath Hart launches consultancy post-REIWA

Former Real Estate Institute of Western Australia head Cath Hart has launched her own consultancy, a little over a week after her exit.

Business News

06.06.2025

Urbis planning the next moves

The planning consultancy is undergoing a structural shift to better cater to Perth’s property market.

Business News

06.06.2025

Mark My Words June 6 2025

Mark Beyer and Mark Pownall discuss Escalante's VGW; Roger Cook's business summit; South Perth apartments; ferries; the Burswood racetrack; e-scooters; and a Northbridge music venue.

Business News

06.06.2025

Albanese considers US beef imports amid tariff talks

Australia may ease beef import restrictions as a trade bargaining chip amid rising pressure to address sweeping tariffs on home-grown goods.

Business News

06.06.2025

Investors dump Tesla as Trump-Musk clash escalates

Shares of Elon Musk's Tesla have fallen sharply as investors fear his dispute with US President Donald Trump could end up hurting the company.

Business News

06.06.2025

Opinion: Sign to keep young coders in game

OPINION: The creators of ChatGPT just spent billions betting coders will still exist in the future.

Business News

06.06.2025

Opinion: Breaking into the boardroom

OPINION: More women are getting a seat at the table in 2025, but progress is slow, research shows.

Business News

06.06.2025

Judge ‘jammed’ in Pilbara traditional owner dispute with Murray Watt

A judge has concerns in the timeline of Pilbara traditional owner’s legal challenge against newly minted federal Minister Murray Watt, over the controversial North West Shelf extension.

Business News

05.06.2025

Opinion: Cook’s team punches down on big calls

OPINION: The government’s latest plot lines offer a glimpse into a white-knuckle ride of spin.

Business News

05.06.2025

Screen industry shoots for growth

Perth enters a new chapter in filmmaking, with competitive production incentives and the imminent opening of its state-of-the-art studio.

Business News

05.06.2025

Netball WA posts $173k surplus

A successful season from the West Coast Fever aided Netball WA posting a surplus of $173,106 last year.

Business News

05.06.2025

LaunchLAB gives founders right pad

WA’s first AI startup incubator successfully featured 14 youth founders exploiting the latest technologies.

Business News

05.06.2025

Proteomics raises $12m for cancer bloodhound

The company is planning to launch a cancer-detecting blood test that is reportedly less invasive than traditional diagnostic tools.

Business News

05.06.2025

Toys 'R' Us tumbles in administration

ASX-listed e-commerce company Toys ‘R’ Us has called in administrators from BDO, marking a second time the toy retailer brand has tumbled into trouble.

Business News

05.06.2025

Perth CBD e-scooter hire to be suspended after fatal crash

E-scooters for hire will be scrubbed from the streets of the Perth CBD in the next 48-hours as the local government prepares to enforce a temporary ban in the wake of a fatal crash.

Business News

05.06.2025

Pilbara ammonia project seeks carbon capture deal with Woodside's Angel hub

Backers of a $1.6bn Pilbara ammonia project are pursuing a deal with Woodside to use the proposed Angel Carbon Capture and Storage hub.

Business News

05.06.2025

Wall Street ends mixed after weak economic data

US stocks ended mixed overnight.

Business News

05.06.2025

IperionX secures US DOD contract

US-focused Perth company IperionX has secured a contract with the US department of defence, valued up to $US99 million.

Business News

04.06.2025

Grange pulls out of $350m timber tower

The Victoria-based developer has listed the South Perth site where it was set to build the world’s tallest timber tower.

Business News

04.06.2025

Wall Street rises again as US stocks pull closer to their records

US stocks pulled closer to their record overnight as the wait continued for more updates on president Donald Trump's tariffs and how much they're affecting the economy.

Business News

04.06.2025

Green light for $10m Busselton community housing

Housing Choices Western Australia is one step closer to building a Busselton accommodation, after a state government committee greenlit the $10 million proposal.

Business News

04.06.2025

FIRB green light for Robe Mesa sale

The Foreign Investment Review Board has waved through the Robe River Joint Venture’s bid to acquire the Robe Mesa iron ore project from CZR Resources.

Business News

04.06.2025

Neo acquires full stake in Sterling Property

The experienced real estate agent has bought out Vincent Siciliano, to become managing director of the Subiaco-based real estate agency.

Business News

04.06.2025

Strike appoints Stokes as MD

Experienced businessman Peter Stokes has been appointed managing director and chief executive of Strike Energy, as the company aims to further strengthen its leadership team.

Business News

04.06.2025

Mixi increases bid to acquire Pointsbet

Japanese entertainment conglomerate Mixi has increased its bid to acquire online sports betting agency Pointsbet.

Business News

04.06.2025

Curtin accelerator drives women founders

ANALYSIS: Women in startups are notoriously underfunded, yet are as successful, if not more so, than men. We profile three in WA.

Business News

04.06.2025

Fuse lit on US debt bomb

ANALYSIS: Investors scurry to safety as governments, including in Victoria, pile on borrowings, bringing a fresh financial crisis into view.

Business News

04.06.2025

Financial service calls for increased income support

The Emergency Relief and Food Access Service is calling for an increase in government income support, after reporting a 234 per cent growth in the number of clients.

Business News

03.06.2025

Opinion: Central planning won’t break the cycle

OPINION: Another layer of local bureaucratic rules won’t solve a global problem.

Business News

03.06.2025

National minimum wage lifts by 3.5pc

The Fair Work Commission has increased the national minimum wage, declaring an end to an “inflationary episode”.

Business News

03.06.2025

Bortoli departs as PLS CFO

Lithium-focused Pilbara Minerals has announced that Luke Bertoli has resigned as the company’s chief financial officer.

Business News

03.06.2025

Screenwest to attract production to WA with competitive incentive

The state’s peak funding body will increase Western Australia’s post-production incentive, making it the most competitive in the nation.

home›Business News›Economy

Business News - Economy

Australian shares retreat from highs for second time

At Close of Business podcast June 6 2025

DevelopmentWA appoints new operator for Manning Road Farmers Market

City of Vincent joins neighbouring local govt in suspending e-scooter hire trial

Bid to lift four-month operating limit on contentious lime pit refused

Trott coy on CEO talk as Rio’s new $US2bn mine opens

BHP to demolish part of Port Hedland's Esplanade Hotel

Virgin Airways confirms ASX listing plan

Cath Hart launches consultancy post-REIWA

Urbis planning the next moves

Mark My Words June 6 2025

Albanese considers US beef imports amid tariff talks

Investors dump Tesla as Trump-Musk clash escalates

Opinion: Sign to keep young coders in game

Opinion: Breaking into the boardroom

Judge ‘jammed’ in Pilbara traditional owner dispute with Murray Watt

Opinion: Cook’s team punches down on big calls

Screen industry shoots for growth

Netball WA posts $173k surplus

LaunchLAB gives founders right pad

Proteomics raises $12m for cancer bloodhound

Toys 'R' Us tumbles in administration

Perth CBD e-scooter hire to be suspended after fatal crash

Pilbara ammonia project seeks carbon capture deal with Woodside's Angel hub

Wall Street ends mixed after weak economic data

IperionX secures US DOD contract

Grange pulls out of $350m timber tower

Wall Street rises again as US stocks pull closer to their records

Green light for $10m Busselton community housing

FIRB green light for Robe Mesa sale

Neo acquires full stake in Sterling Property

Strike appoints Stokes as MD

Mixi increases bid to acquire Pointsbet

Curtin accelerator drives women founders

Fuse lit on US debt bomb

Financial service calls for increased income support

Opinion: Central planning won’t break the cycle

National minimum wage lifts by 3.5pc

Bortoli departs as PLS CFO

Screenwest to attract production to WA with competitive incentive

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