Gold has slipped more than one per cent to its lowest in 6-1/2 months ahead of a US holiday, and platinum headed to its lowest in nearly 10 years as the greenback strengthened and an ongoing US-European Union trade spat pressured precious metals.
Oil prices have dipped amid escalating trade disputes between the United States and other major economies, although crude markets remained tight due to supply disruptions, high demand, and the looming US sanctions against Iran.
Labor leader Bill Shorten has backed down from his ‘captain's call' to roll back company tax cuts for businesses with turnovers between $10 million and $50 million a year, after a leadership meeting today.
The state government is aiming to decide the future of the TAB by the end of this year, following today's release of a Treasury paper warning that failure to sell the state's betting agency could create a major risk for the longevity of the local racing industry.
Oil prices have climbed with US crude hitting a three-and-a-half year high, bolstered by supply concerns due to US sanctions that could cause a large drop in crude exports from Iran.
US stocks have risen as technology and other growth sectors rebounded from the prior day's declines and financial shares snapped a 13-day losing streak.
Western Australia was among the states leading a rise in job vacancies, which lifted 5.7 per cent between February and May driven by with growth in both the private and public sectors.
The Australian dollar is lower against the greenback after a moderation in the Trump administration's approach to Chinese investment spurred the US dollar to rally against most major currencies.
Oil prices have jumped as plunging US crude stockpiles compound supply worries in a market already uncertain about Libyan exports, a production disruption in Canada and Washington's demands that im
The state government will partially privatise title registry agency Landgate in a move expected to raise at least $640 million, with the money to be used to fund the state's share of the National Redress Scheme for child abuse victims.
International opportunities for Western Australian startups, microgrid developers and the biotech sector are expected to develop in coming years, according to the state's trade representatives.
The Australian dollar has fallen below 74 US cents amid a rebound in the US dollar as trade tensions continue and investors focus on hopes of Federal Reserve rate rises.
Crude futures have jumped more than two per cent and US oil topped $US70 for the first time in two months as Washington pushed allies to halt imports of Iranian crude, which would constrain global supplies.
Gold has hit its lowest in more than six months as a selloff in global risk assets eased and the precious metal remained under pressure from the prospect that rising US interest rates will further support the dollar.
Stavely Minerals, Prodigy Gold, Chalice Gold Mines and St George Mining are among the Western Australian miners that will share in $31 million allocated through the federal government's Junior Minerals Exploration Incentive announced today.
Oil has fallen as investors prepare for an extra one million barrels per day (bpd) of oil to hit markets after OPEC agreed to raise production and as US equity markets slipped on trade war fears.
The Australian dollar has fallen against the US dollar amid a drop in oil prices with a looming lift in crude output and a worsening of the trade war between China and the US.
Gold is hovering near last week's six-month low as investors flock to US Treasuries rather than bullion, amid concerns over a global trade war ratcheting higher after a report said the United States plans to bar Chinese companies from investing in its technology firms.
Gold prices rose from six-month lows on Friday as the dollar slipped, but the modest nature of the recovery suggested speculators might still be poised to pu
The Perth-based company behind the disastrous Awassi Express sheep shipment to the Middle East has had its live export licence suspended by the federal government.
A greater proportion of Western Australian taxpayers are likely to benefit from immediate changes to tax thresholds passed through parliament yesterday than other states, according to Business News analysis of Australian Taxation Office data.
