Oil prices have dropped after investors took profits after this week's rally and as US stock markets fell, but losses were limited by the continuing efforts of OPEC and its allies to curb supplies.
US stocks have fallen about 1 per cent on the growing threat of a global trade war as the Trump administration plans to impose import tariffs on China and as technology stocks stayed under pressure
The private group behind ambitious plans for a $1 billion-plus World Trade Centre development in Perth has prepared updated designs focused on the Megamart site it already owns in Northbridge.
Western Australian unemployment was up 0.2 per cent in February to be 6 per cent in seasonally adjusted terms, according to the Australian Bureau of Statistics, while Australia-wide employment grew by a record amount.
The Australian dollar has rallied almost one US cent, after the US Federal Reserve raised its interest rate for the first time this year and paved the way for more rate hikes later this year.
Oil prices hit a six-week high on Wednesday, closing in on a three-year peak set in late January, on a surprise decline in US inventories, strong compliance on OPEC production cuts, and persistent
Gold rose more than one per cent from a three-week low after the US Federal Reserve increased interest rates and forecast at least two more hikes for 2018, falling short of the three more increases
Two new business groups plan to strengthen Western Australia’s economic links with innovative overseas economies, with the Swedish Australian Chamber of Commerce and WA Singapore Business Connect opening Perth chapters.
Online job advertising is growing at its fastest rate in 2.5 years in Western Australia, with the latest figures showing a 14.8 per cent surge in ads over the past 12 months.
The Australian dollar is back below 77 US cents, under pressure from falling metals prices, amid market caution about higher US interest rates and worries about a possible trade war.
Oil prices have climbed to their highest level in three weeks as tension in the Middle East and the possibility of further falls in Venezuelan output helped offset the impact of growing US crude pr
Gold prices fell on Tuesday as the US dollar strengthened ahead of a Federal Reserve meeting at which the US central bank is expected to raise interest rates for the first time this year.
Domestic violence leave and a capacity for court-made equal remuneration orders look more likely after an interim report of the state government’s industrial relations review recommended some significant changes to the current workplace relations system.
The Australian dollar has bounced back from the three month low it hit on Monday, despit heavy falls on Wall Street, but following a bounce in gold prices.
Oil prices slipped on Monday as Wall Street slid more than one per cent and energy market investors remained wary of growing crude supply, although tensions between Saudi Arabia and Iran gave price
Gold prices turned positive on weakness in equity markets after touching their lowest in more than two weeks on Monday ahead of a US central bank meeting that could raise interest rates and signal
Cruise ship operator Princess Cruises has announced Fremantle as the home port for its Sun Princess superliner for a record period in 2019-20, following a series of upgrades to the state’s ports by the government.
A $100 million tax incentive scheme to encourage resources exploration and arrest the decline in Western Australia's mining sector passed the Senate today.
The Australian dollar has fallen to its lowest level since Christmas, as metals prices fall on the back of worries about a possible international trade war.
Oil prices jumped on Friday, with Brent crude futures hitting their highest in more than two weeks as US stock prices rose and investors covered short bets ahead of a weekend in which the US news p
Gold prices are lower, as the metal is weighed down by a stronger US dollar and expectations that the US Federal Reserve will raise interest rates next week for the first time this year.
The Australian dollar has hit a one-week low against a strengthening US dollar after comments from Donald Trump's new economic advisor Larry Kudlow that the president favours a stronger US dollar.
