Business

Latest Business News

WA is looking to the mining industry to help repair its budget position.

WA 'catastrophe' puts Rio, BHP in firing line

The cash-strapped Western Australian state government will ask Rio Tinto and BHP to pay an upfront multi-billion dollar fee in exchange for cancelling an ongoing levy on their iron ore production.

A front loader scoops up freshly blasted rock containing iron ore.

Markets Live: Bruised ASX eyes iron ore

Shares endure a soft start the week, as selling in the banks resumes and after a sharp fall in the price of iron ore on Friday night weighs on the miners.

Adam Cranston leaves a police station on May 18 after being granted bail.

ATO to work with Plutus clients at centre of alleged tax fraud

Employers caught up in an alleged fraud ring accused of stealing $165 million can contact the Australian Taxation Office to find out if they will be liable for tax that wasn't paid because it was being siphoned off by a criminal syndicate, the agency says.

Small Business