The shipbuilder has denied any wrongdoing amid media reports of corruption by Australian Border Force staff stemming from milestone payments for eight Cape Class patrol vessels.
Australia’s share market has slipped after Wall Street closed lower on economic stimulus concerns, while the dollar crept above US71¢.
Tesla has reported a fifth-consecutive quarter of profits and says it remains on track to deliver 500,000 cars in 2020 despite weaker sales in the rest of the global auto industry.
Production costs at St Barbara’s historic Gwalia gold mine soared in the face of a dramatic fall in production during the September quarter.
The greenfields explorer will use the funds for drilling at its Lamil copper-gold project in the Paterson province.
Reclusive billionaire James Packer was the driving force behind Crown’s risky junket business, but the board was oblivious, an inquiry has heard.
Rebecca Le May
The company’s unlikely revival follows a recapitalisation that enabled it to repay creditors, provide working capital and fund exploration and evaluation activities.
All States and Territories, with the exception of Northern Territory, fell backwards, with Victoria the only State trading below September 2019 levels.
Shares have plunged in one of the share market success stories of the pandemic, online furniture trader Temple & Webster, after shareholders were disappointed by a trading update.
Australia’s share market dropped to being flat after retail sales figures for September showed a surprise drop in trade.
The Russian mining giant is refusing to give up the fight for control of Perth-based Cardinal Resources after lobbing a matching offer from sparring partner, China’s Shandong Gold.
The lawsuit against Alphabet’s Google is the most significant antitrust action against an American company in more than two decades — and possibly a century.
Netflix’s subscriber growth has slowed dramatically after surging earlier this year, fuelled by pandemic lockdowns that corralled millions of people in their homes.
But the fund remains cautious about the long-term investment outlook given the extent of the economic dislocation globally.
The contractor has been dealt a costly blow in its battle to recoup more than $1 billion from Chevron in a long-running feud over work at the Gorgon LNG plant.
Australia’s share market was up and down in the first two hours of trade then fell lower, reflecting negativity about economic stimulus chances in the US.
The account will allow existing customers to conduct the majority of their personal banking through Afterpay. Fellow buy now, pay later operator Zip has also revealed a tie-up with Visa.
The mining giant has reiterated expectations for first ore from the $US3.1b sustaining project to be achieved by the middle of next year.
Resolute Mining has parted ways with its high-profile managing director John Welborn. The gold miner’s chairman spoke exclusively to The West Australian about the reasons that led to his departure.
Stuart McKinnon, Daniel Newell
Customers have expressed their fury at NAB after a major outage brought services down across the country. It is now scrambling to fix the problem.
Shares were higher on the Australian market after the much-anticipated easing of coronavirus restrictions in Victoria and a good lead from Wall Street.
The diversified commodities producer still has $US121m of a $US1.43b buyback program to spend after suspending the initiative at the start of the pandemic.
Australia’s financial crime watchdog is investigating possible money laundering and other breaches at Crown Resorts’ Melbourne operation.
But Deloitte Access Economics also warns keeping it shut while other states open theirs could present its own challenges.
© West Australian Newspapers Limited 2020