Administrators for Carnegie Clean Energy reveal the parlous state of the company's finances, confirming it had just over $3,000 cash in the bank when it went into voluntary administration last month.
The WA Opposition calls on Alannah MacTiernan to resign amid revelations she had long-standing financial links to a company related to Carnegie Clean Energy, which later won a tender she oversaw.
Fortescue Metals Group gives the go-ahead to its second major iron ore mine development in Western Australia's Pilbara region in just 12 months, promising the Iron Bridge project will deliver 3,000 jobs during construction and 900 once it is operational.
Wave energy hopeful Carnegie Clean Energy goes into voluntary administration, three days after the WA Government cancels a $16 million contract for the company to build a wave farm in Albany.
A prolonged slump in Western Australia's property market forces BGC to halt the sale of its building and construction business — which came about after a family feud following the death of patriarch Len Buckeridge — for the "foreseeable future".
As banks pull back on new finance and tighten credit after the royal commission, households are being pushed into riskier forms of credit — leaving many struggling with financial problems and becoming trapped in a 'spiral of debt'.
Brazil's latest dam disaster is a human and environmental tragedy raising questions about how mining giants store their waste, but it's also sending iron ore markets into a tailspin, raking in millions of extra royalties for government coffers.
Several large corporate collapses in the building industry are causing a world of pain for smaller contractors further down the chain. Now, with the property market busting in Sydney and Melbourne, things are about to get worse.
At a meeting of creditors, the administrators of the collapsed engineering firm outline hundreds of millions of dollars' worth of debts to investors, suppliers and subcontractors after the company went into administration last month.
For 120 years, it was a successful mining engineering business, riding the highs and lows. But an aggressive move into a new form of technology, the solar industry, burned RCR Tomlinson and left it in administration.