A new state government advisory body to improve analysis and transparency of major projects, Infrastructure WA, will begin work next year, according to Premier Mark McGowan, who launched a draft plan for its establishment today.
US stocks' losses have accelerated in afternoon trading, pushing the S&P 500 down more than 5 per cent from its January 26 record high and the Dow below 25,000 for the first time since January 4.
The Australian dollar has continued to gently slide against a stronger US counterpart despite the latter pausing from its US jobs data and wages growth inspired lift.
Gold prices have steadied as a slide in stock markets helped the precious metal claw back some lost ground after logging its biggest one-day loss in two months in the previous session.
Oil prices have traded lower as rising US output, a weaker physical market and recent US dollar strength add to the pressure from a widespread decline across equities and commodities markets.
Four contractors have been invited to submit proposals for the design and build of the $50 million Wanneroo Road and Joondalup Drive interchange, which is set to begin construction mid-year.
The Australian dollar is back under 80 US cents as the downward movement in the US dollar seems to have stopped and weaker metals prices offered no help.
Gold prices have declined as the US dollar ticked up against the euro after US jobs data showed a robust rise in jobs and wages and 10-year US Treasury yields peaked.
Oil prices have fallen as the dollar has surged following strong US jobs numbers, though compliance with output cuts by OPEC and rising global demand kept much of the early year oil rally in place.
The state government has opened up the Pilbara electricity market to greater competition after privately-owned Alinta Energy applied last year to gain access to state-owned Horizon Power’s network.
Oil prices have rebounded from earlier losses to end higher, after the US Energy Department said oil inventories rose for the first time in nearly three months, but was offset by strong demand for gasoline and distillate products and news that OPEC countries maintained heavy supply cuts in January.
Australia's inflation rate has risen slightly in the December quarter, lifting the annual headline rate closer to the central bank's target range of between 2 per cent and 3 per cent.
Oil prices have fallen for a second day, driven by ongoing evidence of rising US crude output, while wary investors sold off stocks, bonds and commodities.
Perth has been selected to host 11 matches during the International Cricket Council World T20 tournament in 2020, in line with the country’s other major cities.
Oil prices have fallen, pressured by a strengthening US dollar and rising US crude output, but prices remained on track for the biggest January increase in five years.
The end of the mining construction boom continues to cause economic pain for Western Australia but strong employment growth paints a very positive future, according to Treasurer Ben Wyatt.
The business community and unions may both support reducing the gender pay gap, but their divergent approaches to a solution present a stark choice for policy makers, if submissions to a review of industrial relations laws are any guide.
Oil prices rose on Friday after hitting fresh three-year highs in the previous session, as weakness in the dollar continued to underpin prices with crude on track for a weekly gain.
The Australian dollar is stronger against the US dollar as the greenback weakened further after the US Treasury Secretary spoke in favour of the trend.
Oil prices rallied on heavy volume, boosted by a record 10th straight weekly decline in US crude inventories, though reduced refining activity and rising production signalled US stocks could rise in coming weeks.
The number of enterprise bargaining agreements active in Western Australia fell to 1,592 at the end of September last year, about 30 per cent down on the mid-2015 peak.
Environment Minister Stephen Dawson has disclosed that the review he has requested into Chevron’s Wheatstone project was in response to the removal of abatement conditions by the previous government.
The state government has confirmed that a crowd cap will not be required for the Perth Scorchers Big Bash League semi-final at Optus Stadium, with a number of incentives in place to entice 15,000 fans to arrive early.
Chevron said today it was disappointed with the state government's decision to commence a review of greenhouse gas emissions at the company's recently commissioned Wheatstone LNG project.
