China's industrial profits are falling at their fastest pace since the pandemic
Data from the National Bureau of Statistics shows China's industrial profits fell at their fastest pace since the pandemic in September.
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Global Lithium Resources cuts spending in light of falling lithium prices and pressure from the board
Global Lithium Resources will fire directors, cut its chief executive's salary and put its flagship exploration project on hold as prices for the battery metal stagnate following an attempted board ouster.
Motorcyclist taken to Royal Perth Hospital after falling from motorcycle in Wandi
A man is hospitalized after falling from his motorcycle and colliding with a car in Perth's south on Monday afternoon.
Falling iron ore price costs federal treasury $3 billion, says Treasury
China's falling demand for iron ore will cost Australia more than $3 billion, the Treasury warned. A 38 percent drop in prices since the beginning of 2024 has raised alarm bells, as the economic success of both WA and the country depends on iron ore exports.
Finance Minister Jim Chalmers warns: Falling iron ore prices could hurt the Australian economy
Falling iron ore prices and the weakening Chinese steel industry could cause three billion dollars in damage to the Australian economy, warns Finance Minister Jim Chalmers. With iron ore prices closing at USD 81.80/tonne on Thursday, the global commodity price is below the price forecast at the time of the budget announcement, according to the … Read more
Nirimba accident: Woman with serious leg injury flown to Perth after falling from horse
A woman suffered a serious leg injury when she fell from her horse 90 kilometers south of Perth on Thursday. The RAC rescue helicopter reached the 60-year-old woman after she fell near Lake Mealup Road in Nirimba.