Gold prices have risen as a softer US dollar helped the metal rebound from its biggest weekly loss this year, but moves were muted before the debut congressional testimony by US Federal Reserve chair Jerome Powell later this week.
The Woodside Petroleum-led Greater Sunrise gas project is a step closer to going ahead, with the federal government to ink an agreement with Timor Leste about revenue sharing, more than 40 years after it was originally discovered.
Oil prices have risen to their highest in more than two weeks, supported by the shutdown of the El Feel oilfield in Libya and upbeat comments from Saudi Arabia that an OPEC-led effort to cut stockpiles is working.
Gold has eased, heading towards its biggest weekly decline in two-and-a-half months, as the US dollar climbed from last week's three-year low on the back of higher US Treasury yields.
The state government will review the security of payments for local subcontractors, while also establishing an industry advisory group, chaired by experienced barrister John Fiocco, to facilitate the review.
Barnaby Joyce will step down as deputy prime minister and from cabinet on Monday, three weeks after it was revealed he had had an affair with a former media adviser.
Gold has snapped four sessions of losses as the US dollar has surrendered early gains, though the metal remained lower for the week to date and analysts say they expect trading to be rangebound.
Hundreds of occupational licences and permits are to be reviewed by the state government’s key economic regulator, with the potential to save consumers tens of millions of dollars.
A review of the Southern Ports Authority released today has shone a mostly positive light on the three-way merger, with only minor concerns related to the implementation flagged in the report.
The Australian share market looks set to open around half a per cent higher with Wall Street offering a positive lead despite some of its earlier strong gains ebbing closer to the close.
Oil prices are little changed ahead of data expected to show rising crude inventories in the United States and as the dollar has strengthened from last week's three-year lows.
Gold has dipped further, a day after its biggest daily slide in two-and-a-half months, but briefly bounced higher as the US dollar slipped for a short time after the release of minutes from the US Federal Reserve's January policy meeting.
Clamping down on the governance of state-owned enterprises such as Synergy is just one major promise the McGowan government has made in response to the Langoulant special inquiry into government projects in the Barnett era, released yesterday.
US crude has risen to a near two-week high on signs of inventory declines at a key storage hub, while Brent eased under pressure from a stronger dollar.
Gold prices have been pressured by a stronger US dollar and rising interest rates, dropping for a third session, but were underpinned by political worries and uncertainty about this week's huge US bond auctions.
A review of Barnett government programs and projects has identified a raft of shortcomings in governance, project management and financial management, and listed Royalties for Regions as the single biggest problem.
Deputy Prime Minister and National Party leader Barnaby Joyce’s position has been further weakened today after the Western Australian branch of his party called for his resignation.
Oil prices have hit their highest level in nearly two weeks, lifted by a global equity market recovery and tensions in the Middle East, although concerns of rising US production tempered gains.
The Australian dollar has fallen more than half a US cent against its US counterpart which continues to experience weakness despite bouncing off a three-year low.
