Government

Western Australians overwhelmingly believe the big end of town has been the major beneficiary of the country’s unprecedented run of growth over the past 26 years, a poll released today has found.

State government reforms that liberalise the rules governing permanent licensed premises but tighten up on pop-up venues come into effect this weekend, as new data shows 114 licensed premises have opened in Western Australia this year.

Perth has dropped out of the top 10 in a world liveability index compiled by The Economist, after falling seven places in 2018.

Coalition shies from taking tax cut to voters

Oil prices have fallen after data suggested inventories at the US crude delivery hub rose in the latest week, compounding worries that troubled emerging markets and trade tensions will dent the outlook for fuel demand.

US stocks have dropped as global jitters from Turkey's plummeting currency spread to Wall Street, with the S&P 500 and the Dow falling for the fourth session in a row.

Crude oil prices rose more than one per cent on Friday as US sanctions against Iran looked set to tighten supply, but futures contracts posted a weekly decline as investors worried that global trade disputes could slow economic growth and hurt demand for energy.

Turkish lira fall set to rattle ASX

US stocks slid on Friday as a deepening economic crisis in Turkey dragged on bank shares and triggered a move out of riskier assets.

States and territories have signed up to the federal government's proposed National Energy Guarantee today, and it will have a big impact on Western Australian industry despite the state not being part of the National Electricity Market.

The Liberals’ decision not to contest two recent by-elections was a defensive move that puts the party on the back foot in those seats ahead of the next federal poll.

Wyatt warns WA could lose $2b green funds

Crude oil prices are slightly lower, extending the previous session's losses as the escalating China-US trade dispute casts doubt over the outlook for oil demand.

The Dow and the S&P 500 were little changed at the open while the Nasdaq was firmly higher, propped up by the high-flying technology trio of Apple, Amazon and Microsoft.

Up to 13,000 public sector workers employed on casual or fixed-term contracts in Western Australia will be considered for secure permanent roles this year, Premier Mark McGowan says.

US stocks were flat on Wednesday after China retaliated to the Trump administration's latest tariffs, escalating trade tensions and muting strong corporate earnings.

Oil prices slid about three per cent on Wednesday as a trade dispute between the United States and China escalated further and after Chinese import data showed a slowdown in energy demand.

NAB placed on criminal charge alert

The trade war between the world’s two biggest economies is the latest sign of potential economic trouble just over the horizon.

Low appetite for office builds

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.

ASIC power upgrade puts financial giants on notice

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.

Crude futures pulled back, giving up gains from the previous session as trade concerns weighed on the market and fueled concerns about demand.

WA stocks top $190bn

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.

Morrison to hit banks for fleecing customers

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.