Elon Musk stepped up his criticism of Bitcoin by saying he believes in digital currencies but that environmentally unsustainable mining of cryptocurrency outweighs its benefits.
Mining services firm Perenti has become the latest victim of the skills shortage in WA’s resources sector, warning it expects labour market tightness to continue well into next year.
Pendulum Capital, led by Peter Fogarty and Greg Harvey, will be cornerstone investors in $3.7m capital raising.
The biggest jump in US prices in 12 years has prompted investors to abandon share markets, including the ASX.
A bigger-than-expected rise in US inflation has spooked Wall Street and sent bond yields surging.
Telco giant Telstra has been fined $50 million after admitting unconscionable conduct when selling post-paid mobile phone contracts to 108 Indigenous customers.
The NSW Independent Liquor and Gaming Authority says Crown is addressing issues that have so far hampered its bid to get a Sydney casino licence.
All gaming at its venues will need to be cashless, with card technology linked to identity and recognised financial institutions.
Gerard Cockburn and Rebecca Le May
Tesla chief executive Elon Musk says Tesla is suspending purchases with Bitcoin, triggering a slide in the value of the digital currency.
The competition regulator says its investigation of any deal between the two casino companies would look beyond their gaming activities.
Shares in Helix Resources have more than doubled after the explorer reported further copper mineralisation in NSW.
Chris Salisbury has resurfaced at the uranium explorer almost nine months after sensationally quitting the mining giant in the wake of the Juukan Gorge debacle.
Daniel Newell and Stuart McKinnon
Australian banker Lex Greensill has apologised to a panel of British MPs over the collapse of finance company Greensill.
August Graham and Sam Blewett
Share markets' recent record heights have investors asking if they have peaked, and the ASX closed lower.
Building materials supplier CSR had an increase in full-year profit of 17 per cent, and the extension of the HomeBuilder stimulus could mean better times ahead.
Australia’s biggest airline has flagged yet another delay to the highly-anticipated restart of international travel.
The nation’s biggest bank has reported an earnings surge and says improving economic conditions are lowering loan default risks.
Surging commodity prices and growing inflationary pressure in the United States has prompted bets on earlier interest rate hikes and higher bond yields.
Tom Arnold and Swati Pandey
Table grapes are taking up to 20 days to clear at Chinese ports, sparking fears the $300m market to China is in jeopardy as the relationship deteriorates
Policymakers are set to deliver more firepower for the nation’s strong economic recovery. But which stocks will come out best after Josh Frydenberg’s Budget?
Information technology shares plunged on a lower Australian share market as a fund manager predicted technology would fall further.
Global inflation worries and an anti-monopoly drive in China have sent the world's mightiest tech giants tumbling as stock markets faced a second day of losses.
Pilbara Minerals is exploring how it can develop a greener, higher-value product from its Pilgangoora lithium project in partnership with processing technology company Calix.
Iron ore futures have cooled today sending the share prices of the big miners lower after the benchmark price skyrocketed nearly 9 per cent overnight to a fresh record of $US230.56/t
© West Australian Newspapers Limited 2020