AAP

The Australian share market has opened higher.

The Australian dollar has lost some ground following a quiet weekend of trade.

Gold has edged lower for the third straight session and notched its biggest weekly slide in nearly two months on growing expectations for an increase in US interest rates as soon as next month.

Two petroleum industry executives with a strong Perth connection have struck a deal that will see Oil Search boost liquefied natural gas development in Papua New Guinea, after negotiating a $US2.2 billion ($A3 billion) deal to buy InterOil.

The federal Liberal candidate for Fremantle Sherry Sufi has resigned and will not contest the election.

Energy giant Woodside Petroleum is excited about the exploration potential of Myanmar after increasing its estimates for two offshore gas discoveries.

The share market has defied weaker commodity prices and falls on other markets to end the week with a gain.

The Australian share market has opened flat following a weak overnight performance in the US and Europe.

Stocks around the world have sold off, while the US dollar has gained, pressuring oil and other commodities, as investors absorbed the possibility that the US Federal Reserve will raise interest rates in the near term.

The Australian dollar is virtually flat, after dropping to fresh two-month lows overnight on increasing expectations of a US interest rate hike.

Gold has slipped more than one per cent to a three-week low, extending the previous day's decline, after minutes from the Federal Reserve's April policy meeting signalled that it could raise US interest rates as soon as next month.

The share market has closed lower as mining and energy stocks lost ground after the release of flat jobs figures and an increase in the prospect of a US rate hike.

Unemployment in Western Australia increased slightly last month, with the jobless rate ticking up by 0.1 percentage point while the national rate remained unchanged.

The head of Uber’s Perth division says the state government has ‘double dipped’ by imposing extra costs on the company’s drivers with the introduction of a new mandatory licence fee.

Shares in JB Hi-Fi have risen after the home entertainment retailer confirmed its interest in The Good Guys.

The Australian share market has opened higher.

Wall Street closed flat after a volatile session, supported by bank shares, as the minutes from the Federal Reserve's April meeting signalled a potential interest rate increase in the near term.

The Australian dollar has retraced some ground after falling to a three-month low following the release of Federal Reserve minutes that signalled a June US rate hike is "live."

Gold has fallen more than one per cent as the US dollar hit a new three-week high following minutes of the US Federal Reserve's last policy meeting that bolstered expectations the central bank could soon raise interest rates.

BC Iron managing director Morgan Ball is stepping down from the junior iron ore company, to be replaced by one of Kerry Stokes top executives.

The share market has fallen due to increasing expectations of a US interest rate hike.

One of the state’s largest egg producers has been found to have misled the public that its eggs were free range.

Limp growth in an economy that generates minimal wage increases is hardly the election campaign banter the Turnbull government is trying to spruik, but new figures suggest just that.

Embattled Perth Lord Mayor Lisa Scaffidi denies a no-confidence motion against her deputy was payback after he asked her to step aside for not disclosing travel gifts.

A $9.05 billion foreign takeover of rail and ports giant Asciano will be delayed because of the federal election.

The Australian share market is lower, hurt by banking and retail stocks after Wall Street fell on fears about the prospect of the Federal Reserve lifting its interest rate.

Wall Street sold off as chances of an interest rate hike later this year rose after data pointed to firming inflation.

Gold prices have risen, reversing earlier losses after a weaker US dollar and falling stock markets spurred safe-haven buying of the precious metal.

The Australian dollar has slumped against the greenback, which soared as expectations of a US rate hike rose.

The Australian share market has closed higher, led by resources stocks after a rally in commodities prices.

The Reserve Bank of Australia's finely balanced decision to cut rates this month makes the next cut more likely to be in August.

The federal government has deferred introduction of the so-called backpacker tax in a bid to rid the issue as an election irritant in rural and regional seats.