Business

Darren Gray

Darren is a rural affairs reporter for The Age.

The decision is a major blow for the WA McGowan government.

WA Libs kill off gold royalty hike

Gold miners and exploration companies have welcomed a move by the Western Australian Liberals to block a controversial hike in the state's gold royalty they say would have threatened thousands of jobs and damaged a key engine room of the state's economy.

Coates Hire has more than 200 branches across Australia, and offers a wide range of equipment for hire and rent.

Seven Group buys out Coates Hire

Shares in Seven Group Holdings surged almost 10 per cent on Wednesday to close at $12.28 after the company announced it would acquire full ownership of the nation's largest equipment hire business, Coates Hire.