Commodities key to WA recovery

Commodities key to WA recoveryCommodities key to WA recovery.

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Strong demand for iron ore will ensure WA makes a solid recovery in the aftermath of COVID-19, according to new research from Deloitte Access Economics.

Related Data & Insights.

Accountants Consulting Firms Corporate Finance.

Accountants.

Rank Company # 1 st Deloitte 706 2 nd EY 655 3 rd PwC 510 4 th KPMG 414 5 th RSM 319.

Consulting Firms.

Rank Company # 1 st Modis 531 2 nd Deloitte 364 3 rd Advisian NFP 4 th RPS 178 5 th EY 165.

Corporate Finance.

Rank Company # 1 st EY 69 2 nd Deloitte 61 3 rd PwC 30 4 th Azure Capital 27 5 th BDO 24.

Latest Headlines.

Virus concern may limit WA derby AFL crowd.

Hopes of a sellout 60,000 crowd for the July 19 western derby is under threat after the state government announced it is considering delaying the relaxation in COVID-19 restrictions.

Lotterywest names grant recipients.

Lotterywest has announced the beneficiaries of $26.3 million in COVID-19 relief grants, with West Australian Ballet receiving one of the largest sums.

WA urges feds to back off border challenge.

Premier Mark McGowan has written to the prime minister urging the federal government to withdraw its support for Clive Palmer’s Federal Court challenge against the state’s border closures.

Ord cotton plan gets boost.

The state government and local farmers are pressing ahead with planning for a $30 million cotton gin in WA’s north despite a recent PwC study finding Katherine in the Northern Territory was a better location.

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‘I’ve left nothing on the field’: Cormann.

After commuting thousands, if not millions of kilometres from his home in Perth to Canberra since 2007, Finance Minister Mathias Cormann is calling it a day.

One of Scott Morrison’s most senior ministers is retiring from politics at the end of the year, claiming he has “left nothing on the field”.

It will leave a big hole in one of the key government portfolios, particularly at a time of a recession.

The West Australian senator has been finance minister since 2013 and has worked under three Liberal prime ministers.

Oil falls below $US43/bbl on virus fears.

Oil fell below $US43 a barrel on Friday as a resurgence of coronavirus cases raised concern that fuel demand growth could stall, although crude was still headed for a weekly gain on lower supply and wider signs of economic recovery.

ASX dips for first time in four days.

The Australian share market has snapped its four-day winning streak, bypassed by broader gains in the Asia-Pacific region including a big rally in China.

K2fly mining software growth flies in face of pandemic.

ASX-listed mining “software-as-a-service” provider, K2fly, has defied the financial fallout of the global coronavirus pandemic as its RCubed mineral resource and reserve reporting software solution continues to attract more resources big hitters. The latest multinational group to take up K2fly’s mineral resource governance software package is French-headquartered nuclear energy giant, Orano, who has signed a five-year contract with K2fly that has a total value of A$300,000.