The S&P 500 inched nearer to a record high, lifted by Amazon, Alphabet and Microsoft, and a strong second-quarter earnings season that fuelled optimism about the US economy's strength.
The Reserve Bank has left the cash rate unchanged at 1.5 per cent for the 24th month in a row, with RBA governor Philip Lowe adding the drought affecting large parts of the country to his list of concerns.
CPB Contractors has added to its portfolio of Main Roads projects after being selected as preferred contractor for a $50 million upgrade of the Wanneroo Road and Joondalup Drive intersection.
Oil futures have gained after OPEC sources said Saudi crude production unexpectedly fell in July, raising concerns about global oil supplies as the US prepares to reinstate sanctions against major exporter Iran.
The three major US stock indexes closed higher as investors applauded a strong US earnings season with results from Berkshire Hathaway impressing and Facebook getting a boost.
Deloitte has won a state government contract to prepare a business case for the Morley to Ellenbrook rail line, to be undertaken in parallel with another study looking at route options.
Oil prices have strengthened, with US crude gaining nearly 2 per cent after traders saw an industry report suggesting domestic crude stockpiles would soon decline again.
Technology stocks have pushed the S&P 500 and Nasdaq higher, driven by Apple shares as the iPhone maker became the first publicly traded US company worth a trillion dollars.
Oil prices fell about 2 per cent as a surprise increase in US crude stockpiles fed concerns about global oversupply, while investors worried that trade tensions could hit energy demand.
The S&P 500 and Dow have slipped as gains in Apple shares were offset by a drop in energy and industrial companies with the US Federal Reserve remaining on course for an expected interest rate hike in September.
Landgate chief executive Jodi Cant has been appointed as the new director general of the Department of Finance, but the state government is still looking for a permanent boss for the Department of Jobs, Tourism, Science and Innovation.
The state government has today announced a host of local government reforms, including provisions related to councillors and chief executives receiving gifts.
US stocks have risen as technology stocks rebounded and a report said the United States and China were trying to restart negotiations to defuse a trade war between world's two largest economies.
Minderoo Foundation has today announced a $100 million research initiative designed to study and protect global marine life and its chairman Andrew Forrest has used the occasion to attack the federal government’s new marine parks plan.
Updated: State opposition leader Mike Nahan has revealed that his attempts to renounce his US citizenship in 2008 failed due to an ongoing tax dispute with the US government.
It may have gone largely unnoticed in Western Australia, but a recent report into the east coast's electricity market could have major implications for the state, including for government-owned monopoly power business Synergy.
Oil prices rose with US crude futures jumping more than two per cent, as traders continued to focus on supply disruptions and a possible hit to crude output from US sanctions on Iran.
A broad sell-off of technology stocks has pushed the three major US stock indexes lower, with the Nasdaq Composite posting its third consecutive loss of more than 1 per cent for the first time in three years just days after hitting a record high.
The state government today announced a further aligning of Healthway and Lotterywest through the appointment of common board members, including former Labor health minister Jim McGinty.
A specially commissioned Liberal Party WA report is set to reignite controversy over the way Goods and Services Tax revenue is redistributed just as federal treasurer Scott Morrison was hoping the states would accept his recent compromise proposal.
Despite maintaining its position as the worst performing state in the country, Western Australia’s economy showed improving levels of investment, according to the latest CommSec State of the States report.
Western Australia registered its largest net population loss from interstate migration on record in the 2016-17 financial year, after nearly 14,000 departed to other parts of the country.
