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Libs vow $200m for country roads, housing

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WA Liberal leader Libby Mettam has committed $200 million to improve regional roads and increase supply of government regional officer housing, if elected in March.

WA Labor pledge free beach bus

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WA Labor will introduce a free CAT bus service between Stirling Station and Scarborough Beach, if re-elected, under a $14.2 million commitment.

Losses deepen for shares while Australian dollar gains

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The Australian share market has suffered its worst weekly loss in more than two years after giving up ground each day, while the local currency has climbed to a two-month high.

Wind farms boosts guidance for Boom

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Growth in wind farm projects has buoyed Boom Logistics first half results, with net profit now up 32 per cent on the same period last year.

First principles for Australian industrial relations

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Opinion: Economist Dr Nicholas Blain casts an eye over the state of play for Australian industrial relations, ahead of the 2025 federal election.

At Close of Business podcast February 21 2025

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Isabel Vieira and Liv Declerck discuss Perth Symphony Orchestra's push into the regions.

Nats in $1bn regional housing pledge

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The Nationals WA have pledged $1 billion to regional housing over the decade ahead, if voted into government on March 8.

No concession from Mettam's Liberals

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ANALYSIS: WA Liberal Leader Libby Mettam is aware of the mountain her party has to climb at the March 8 federal election, but two weeks out, she has no plan to throw in the towel.

Short stays a battleground for locals

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Visitors flock to tourist hotspots but spare a thought for the impacts on those communities.

Approvals delays a risk to more than miners

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While much of the talk around green and red tape focuses on big business, it is worth considering what impact it has on the next rung down.

Silverleaf among Welshpool buyers

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Several properties have sold in the key industrial corridor for a combined $20 million in recent months.

Making music for many across WA

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Perth Symphony Orchestra’s push into the regions has struck a chord but it targets a long-term funding model to support future planning.

Wellard sinks US$2.3m loss

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Shipping business Wellard has posted a US$2.3 million (A$3.6 million) loss as it prepares to wind up its dwindling livestock carrier business.

Monadelphous books contracts worth $400m

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Days after announcing a series of strong half-year results, engineering firm Monadelphous has secured a series of new contracts, valued at around $400 million.

Mark My Words February 21 2025

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Mark Beyer and Tom Zaunmayr, filling in for Mark Pownall, discuss the biggest news stories of the week, including falling iron ore profits; Yindjibarndi-Fortescue dispute and more.

AustralianSuper slapped with $27m fine

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The trustee of Australia’s largest superannuation fund has been hit with a $27 million fine for failing to merge multiple member accounts, resulting in duplicate fees.

Gold Road coy on De Grey plans

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Windfall from Northern Star Resources’ move for De Grey Mining has pushed the value of Gold Road Resources’ listed investments to around $870,000.

Perth Airport notches record numbers

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Perth Airport is smashing records with more than 1.56 million passengers travelling through its terminals in January, delivering the airport’s busiest month ever in terms of passenger numbers.

Watt 'prepared to intervene' in retail IR spat

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A proposal by the peak retail lobby group to allow employers to buy out retail workers' penalty rates and overtime via a 25 per cent pay rise has been rubbished by the Federal Government.

High grades deliver for Ramelius

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High grades delivered Ramelius Resources a profit record in the first half of the financial year, with the company delivering 19 per cent more gold despite mining significantly less ore.

The little puzzle engine that could

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SOUTH WEST: A jigsaw gallery has a major role in making Bridgetown an international tourism destination.

Austal half-year profit up 108.9pc

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Austal increased its net profit after tax by $13.1 million to $25.1 million during the first six months of the 2025 financial year.

Wall Street ends lower amid consumer demand worries

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US stocks have sold off overnight as ongoing tariff jitters and a downbeat forecast from Walmart dampened investor risk appetite.

Aussie shares plunge to five-week low on weak earnings

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The ASX200 finished down 1.2 per cent on its biggest day of earnings season, with heavy losses for the big four banks, Fortescue and Goodman Group.

Independence play at APIL

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The major WA fund manager has revamped its board to boost its appeal in an increasingly competitive market.

At Close of Business podcast February 20 2025

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Sam Jones and Mark Beyer discuss the growth of Tattarang. Plus; Fortescue profits halved, IGO slumps on loss and state election coverage.

WA voters ready to seal PM's fate

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OPINION: The latest poll sounds the alarm for Anthony Albanese, who is increasingly being seen as indecisive.

WA, QLD fuel Peet's earnings growth

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Peet welcomed price growth across Western Australia, South Australia and Queensland after reporting a 62 per cent jump in group earnings to $46.9 million.

Nationals pitch insurance relief

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The WA Nationals would offer a $500 rebate to insurance holders in the North West and create a standalone ministry and agency to oversee the region if they win next month’s state election.

Tattarang forges ahead with diverse plays

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Tattarang’s chief executive has opened up on wins and losses at Andrew and Nicola Forrest’s private company and outlined plans for continued rapid growth.

Duratec net profit up 6.1pc

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Duratec says it is ideally placed to hit its revenue guidance for the 2025 financial year, courtesy of a healthy order book.

WA govt weighs in on Yindjibarndi fight

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Counsel for the state government claimed Fortescue’s mining would not extinguish the Yindjibarndi people’s native rights in the Pilbara, during a hearing in the Federal Court.

Sandfire targets injury-free copper mining

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Sandfire boss Brendan Harris says safety is key to the copper miner’s productivity as it targets an injury-free workplace.

CME praises Whyalla move, says WA needs more

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The state’s peak resources lobby group has welcomed the federal governments new green iron funding package but urged more focus on WA as the “sensible” choice for green iron industries.

Labor plans Western Power factories

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WA Labor plans to spend $75 million establishing two Western Power factories to manufacture equipment such as power poles and power lines in tandem with private industry.

Floreat surf club build in limbo

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A multi-million-dollar upgrade of a western suburbs surf life saving club has been shelved after the contractor was placed in liquidation.

Court pushes for Fortescue tech row trial

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Fortescue and its former employees have been urged to progress a dispute over alleged misuse of the Andrew Forrest-led company’s green iron technology information.

Rio tightens belt on Pilbara mines

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Rio Tinto has foreshadowed a tightening of the purse strings in the Pilbara to account for softening revenue out of its sprawling iron ore operations.

Record participation as unemployment rises

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Eleven MCGs – or 18 Optus Stadiums – worth of jobs have been created by the Albanese government, according to Murray Watt, as new statistics reveal a record high participation rate.

Billions to secure future for struggling steelworks

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A $2.4 billion government package will keep Whyalla's steelworks running and its debts paid while a new owner is found, after it was placed in administration.

Perth-Busselton flights announced

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Qantas has launched a new flight route between Perth and Busselton that will take off in June, with flights available three days per week.

Wesfarmers keeps faith in lithium

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Wesfarmers has reported a small rise in interim profit from its diverse retail and industrial operations while maintaining plans to invest heavily in the depressed lithium sector.

Stokes’ gas in Freo candidate’s sights

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Independent Fremantle candidate Kate Hulett would lobby to bar media moguls from owning gas companies should she be voted into state parliament next month.

More than gnomes, Dardanup develops industrial goal

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SOUTH WEST: Future growth in Bunbury is expected to spill to the neighbouring shire, prompting a move to prepare for an increase in population and business.

NRW half-year results rescheduled

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Jules Pemberton-led NRW Holdings has delayed the release of its half-year results, which were due to be released on Thursday.

Records continue for S&P500

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The S&P 500 added to its record as US stock indexes drifted through a quiet Wednesday overnight on Wall Street.

Pilbara Minerals dips into red

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Pilbara Minerals has reported a $69 million loss for the half-year as increasd production partially offsets the ongoing impact of diminished prices for the key battery material.

Record output, but Fortescue profit halved

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Fortescue’s half-yearly profit has more than halved to US$1.55 billion as lower iron ore prices eat into bumper revenues recorded this time last year.

IGO books loss on $525m Kwinana impairment

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IGO has gutted the value of its troubled Kwinana refinery after a recording a significant $525 million impairment against the ailing joint venture asset.

At Close of Business podcast February 19

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Nadia Budihardjo and Claire Tyrrell discuss the improved outlook for Perth's office market.