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The Western Australian government is aiming for a quick sale of assets as it struggles to rein in debt, with the premier tipping the Perth Market Authority will be first to go.
Former Western Australian treasurer Troy Buswell has quit politics, citing his ongoing struggle with bipolar disorder and depression as the main reason for his resignation.
The Australian dollar is almost half a US cent higher as the chances of another interest rate cut by the central bank fades following solid gross domestic product (GDP) figures.
Gold prices edged higher on the European spot market Wednesday after a sharp drop in the previous session, but the market was unmoved by news of a ceasefire in Eastern Ukraine.
World oil prices rebounded Wednesday following the prior day's heavy losses in a rally spurred in part by hopes for a resolution to the Ukraine conflict.
A former financial adviser accused of defrauding and stealing from his clients acted in their best interests during the global financial crisis, when they were all victims of the stock market plunge.
The West Coast Eagles are a step closer towards establishing a world-class AFL training facility at Lathlain Park after agreeing to terms over the lease for new facilities.
Australia has notched up a record-breaking 23 years of expansion, but the economy remains fragile as it searches for another source of growth to pick up where the mining boom left off.
The Australian share market has opened slightly lower after markets in the US put in a mixed performance overnight and some major stocks on the local bourse traded ex-dividend.
Wall Street stocks have finished mixed as investors digested August's gains in equities ahead of closely-watched central bank and labour market news later this week.
Gold prices fell to a two-month low on Tuesday and palladium posted its steepest decline in two months, as pressure from a stronger dollar snuffed out investor appetite for the haven assets.
The share market has edged to its highest close since mid-2008 after the release of mixed economic data and another decision from the Reserve Bank to keep interest rates steady.
Australian banks are lending out money at a faster rate than they are taking it in from deposits, forcing them to increasingly rely on international funding markets, rating agency Moody's warned.
Engineering firm Downer EDI has won a construction contract worth up to $170 million at the Chevron-operated Gorgon gas project on Barrow Island off the north-west coast of Western Australia.