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Only subscribers have full access to all content on the Business News website.

If staying informed about the WA economy is part of your job, and/or you’re looking for networking opportunities in WA, Business News is built for you.

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Most Business News publications cover national or global markets. Business News is focused entirely on Western Australia, which means the journalism, the data and the intelligence are all built around WA companies, people and projects — not adapted from a national feed. Data & Insights, included with every subscription, combines more than 30 years of WA-specific editorial research with live business data. There’s no comparable product for the WA market.

The Morning Digest Email provides a comprehensive wrap of the major headlines, relevant to WA business, and includes with a snapshot of the overnight news covering oil, gold and ASX-listed companies.

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Yes. Corporate subscriptions are available for teams and organisations, with discounted rates as user numbers increase. Pricing starts from $1,625 + GST per user.
Get in touch
to discuss the right option for your organisation.

Business News subscriptions are used by executives, investors, consultants and professionals who need to stay informed and make better decisions about the WA market. When you subscribe you’ll get

• Unlimited access to WA’s most trusted business journalism
• Data & Insights — detailed profiles of WA companies, people, projects and deals
• MyBN — a personalised feed based on the companies, people and sectors you follow
• Special publications and industry reports
• Daily and weekly email newsletters

Data & Insights is a research tool built specifically for the WA market. It draws on more than 30 years of Business News reporting, updated regularly to reflect what’s happening now. Use it to:

• Look up detailed profiles of WA companies, including financials, directors and ownership
• Find decision-makers and track their career movements
• Research live and completed projects across WA industries
• Monitor deals, appointments and market activity
• Access industry rankings and league tables

Data & Insights is updated daily by our dedicated research team, which uses the latest announcements, ASX filings and editorial coverage to keep our person, company, list and project records up to date.

Business News welcome all opportunities to make our dataset accurate, complete and current, so if you have an update request, please email the team at
general@businessnews.com.au, and we’d be happy to assist.

MyBN
is part of every subscription. It’s your personalised view of Business News. You can follow the companies, people, sectors and projects that matter to you, and get a news feed and alerts tailored to your interests. You can save articles to read later and retain only what you need.

Only subscribers have full access to all content on the Business News website.

If staying informed about the WA economy is part of your job, and/or you’re looking for networking opportunities in WA, Business News is built for you.

Business News subscribers are:

• Executives and directors tracking competitors, clients and market movements
• Investors and advisers researching companies, deals and industry trends
• Consultants and professionals staying across sectors relevant to their clients
• Business owners looking for leads, context and market intelligence

Most Business News publications cover national or global markets. Business News is focused entirely on Western Australia, which means the journalism, the data and the intelligence are all built around WA companies, people and projects — not adapted from a national feed. Data & Insights, included with every subscription, combines more than 30 years of WA-specific editorial research with live business data. There’s no comparable product for the WA market.

The Morning Digest Email provides a comprehensive wrap of the major headlines, relevant to WA business, and includes with a snapshot of the overnight news covering oil, gold and ASX-listed companies.

The Afternoon Wrap Email focuses on the news covered by our team of journalists during the course of the working day, including exclusive stories and analysis, all of which relates to WA business and the local economy.

The BN Weekender Email contains a wrap of the Business News from the week that was, highlighting the top stories in each area of WA business.
Sign up for free.

We’re happy to help.
Get in touch
and our team will come back to you.

Australia’s share market has taken a breather after multiple records, with equities in a holding pattern until the next major catalyst emerges.

The benchmark S&P/ASX200 fell eight points on Friday, down 0.09 per cent to 9,263.6, after a five-day winning streak and all-time highs in the previous two sessions. 

The broader All Ordinaries eased by 6.9 points, or 0.07 per cent, to 9,445.1.

Energy stocks rose in line with oil prices after Iran and Oman’s plan to reopen the Strait of Hormuz while barring US and Israeli ships dashed hopes of an imminent peace deal.

“Iran feels it ‘holds the cards’ given it can still effectively block ship traffic through the Strait of Hormuz (and to a degree the Red Sea) and all of America’s bombing can’t seem to shake the regime,” Betashares chief economist David Bassanese said.

“A deal between Iran and Oman would block US and Israeli ships crossing the Strait – but this must surely be an ambit claim as the US could never agree to that.”

However, raw materials stocks continued to rally as gold, lithium and rare earths miners soared on lower inflation expectations and upswings in underlying commodity prices.

Gold is trading at seven-week highs of $US4,297 ($A6,109) an ounce, after easing global inflation fears softened the US interest rate outlook, helping non-yielding assets rebound.

Shares in Australia’s largest company BHP gained 4.5 per cent since Monday to trade at $62.97, its heightened copper exposure paying off as AI-related demand for the base metal soars.

Financials continued their hot streak, trading near record highs and clocking gains in eight of the past nine weeks as the major banks recovered from a second quarter slump.

Consumer-facing stocks also improved in recent weeks, buoyed by softer-than-expected June inflation and resilient household spending.

Looking ahead, all eyes will be on the Reserve Bank’s Tuesday meeting for signs of Australia’s interest rate path ahead.

“The RBA will likely revise down their inflation forecast next week and hold rates unchanged, but don’t expect this to be the end of the hiking cycle,” AMP economist My Bui said.

The central bank would retain a hawkish bias, and AMP expected another rate hike in November if core inflation remained sticky, Ms Bui added.

In company news, Coles confirmed it will offshore hundreds of back office jobs in a multi-year deal with Accenture.

Earnings season continued to deliver a mixed bag, as James Hardie shares soaring on a strong first quarter update, Nick Scali dipped on a dim retail and supply chain outlook, while ResMed tumbled seven per cent after flagging “very modest” prices increases.

The Australian dollar is buying 70.33 US cents, down from 70.42 US cents on Thursday at 5pm.

ON THE ASX:

* The S&P/ASX200 fell by eight points, or 0.09 per cent, to 9,263.6

* The broader All Ordinaries lost 46.6 points, or 0.07 per cent, to 9,445.1

One Australian dollar trades for:

* 70.33 US cents, from 70.42 US cents at 5pm AEST on Thursday

* 111.37 Japanese yen, from 111.13 Japanese yen

* 61.04 euro cents, from 61.00 euro cents

* 52.28 British pence, from 52.32 pence

* 119.90 NZ cents, from 119.92 NZ cents

Shares of Tata Group’s apparel arm, Trent, declined 3% to hit an intraday low of Rs 3,028 on the BSE on Friday after the company reported a 21% year-on-year (YoY) increase in consolidated net profit to Rs 519 crore for the quarter ended June.

The company had posted a consolidated net profit of Rs 430 crore in the corresponding quarter last year. Revenue from operations grew 18% YoY to Rs 5,755 crore during the quarter. Compared with the March quarter, Trent’s consolidated net profit rose 25% from Rs 413 crore, while revenue from operations increased 14% from Rs 5,028 crore.

Buy, sell or hold Trent shares?

Morgan Stanley maintained its ‘Overweight’ rating on Trent and raised its target price to Rs 3,406 from Rs 3,151, implying an upside of around 10%.

The brokerage said Q1FY27 EBITDA margin came in well ahead of expectations, supported by year-on-year (YoY) gross margin expansion, while EBITDA growth remained strong despite higher depreciation weighing on profit before tax.

Morgan Stanley also reaffirmed its preference for the company-operated expansion model, raised its EBITDA margin assumptions following the strong quarterly performance, and flagged the Middle East conflict as a near-term risk to consumer sentiment.

Also read: Tata Sons faces continued listing uncertainty after RBI classification
Motilal Oswal maintained its ‘Buy’ rating on Trent with a target price of Rs 3,775, implying an upside of around 21%. The brokerage said the retailer continues to prioritise cluster-level revenue growth and expanding its market share across key micro-markets, rather than focusing on store-level like-for-like (LFL) growth.It noted that Trent remains focused on deepening Zudio’s penetration while accelerating store additions for Westside. Despite rising raw material costs and supply chain risks, the brokerage highlighted the company’s strong margin expansion during the quarter and said management expects supply chain initiatives, closer supplier engagement and calibrated pricing to help sustain margins.

Macquarie maintained its ‘Outperform’ rating on Trent with a target price of Rs 3,600, implying an upside of around 16%. The brokerage said the company delivered a strong Q1 earnings beat, reflecting healthy demand. It attributed the gross margin outperformance to the rising contribution of higher-margin Westside sales. Macquarie also said management’s clarification on FY27 store additions and its constructive commentary on demand reinforced its confidence in sales growth. It added that Trent has multiple levers to manage input cost pressures and sufficient lead time to implement changes, limiting the impact on margins.

Bernstein reiterated its ‘Outperform’ rating on Trent with a target price of Rs 3,500, implying an upside of around 13%. The brokerage said the company once again exceeded profitability expectations while continuing to execute on its growth strategy. It highlighted that Trent has delivered on its store addition plans, sustained growth and consistently improved margins. Bernstein believes the retailer can maintain steady-state growth of 18%-20%, although it remains cautious about near-term macroeconomic headwinds.

Read more: ET Exclusive: Tata Sons reported a 22% increase in annual profit for the year ended March 26

HSBC maintained its ‘Buy’ rating on Trent with a target price of Rs 3,390, implying an upside of around 12%. The brokerage said Q1 EBITDA exceeded its estimates by around 10%, driven by stronger gross margins, which it believes reflected the lagged benefit of lower raw material costs. It noted that the fashion business reported low single-digit like-for-like (LFL) growth, while management’s commentary was mixed but marginally more positive than in Q4FY26. HSBC added that a pickup in growth remains the key catalyst for the stock.

Jefferies remains bearish on Trent

Jefferies maintained its ‘Hold’ rating on Trent and raised its target price to Rs 3,435 from Rs 3,110, implying an upside of around 13%.

The brokerage said strong earnings growth in the first quarter was driven by margin expansion and continued store additions, particularly at Zudio. It noted that like-for-like growth remained in the low single digits, partly due to store densification. Jefferies added that management’s commentary remained cautious on near-term demand amid geopolitical uncertainty, which could push up commodity prices and affect both demand and supply chains, with the company already witnessing cost inflation.