Global stock markets have edged lower while short-dated US Treasury yields held near two-month highs as investors weighed the possibility that US interest rates could soon rise.
Gold has dipped to a three-and-a-half-week low as expectations rise that the US Federal Reserve will lift interest rates as early as June, but prices came off their lows as late-day short-covering entered the market.
Bill Shorten is trying to woo Perth commuters with a $1 billion pledge for the Metronet urban rail project, which WA Labor says will cost $2.5 billion but the WA Liberals have labelled as pork-barrelling.
Clive Palmer says he's decided not to pursue a federal Senate seat because he is past retirement age and wants to "play a bit of bowls and have a bit of fun".
Gold has edged lower for the third straight session and notched its biggest weekly slide in nearly two months on growing expectations for an increase in US interest rates as soon as next month.
The state government hopes to reduce the time required to secure approvals for starting a restaurant by up to three months through a $1.6 million ‘flying squad’ initiative.
Stocks around the world have sold off, while the US dollar has gained, pressuring oil and other commodities, as investors absorbed the possibility that the US Federal Reserve will raise interest rates in the near term.
Gold has slipped more than one per cent to a three-week low, extending the previous day's decline, after minutes from the Federal Reserve's April policy meeting signalled that it could raise US interest rates as soon as next month.
Unemployment in Western Australia increased slightly last month, with the jobless rate ticking up by 0.1 percentage point while the national rate remained unchanged.
The head of Uber’s Perth division says the state government has ‘double dipped’ by imposing extra costs on the company’s drivers with the introduction of a new mandatory licence fee.
Wall Street closed flat after a volatile session, supported by bank shares, as the minutes from the Federal Reserve's April meeting signalled a potential interest rate increase in the near term.
The Australian dollar has retraced some ground after falling to a three-month low following the release of Federal Reserve minutes that signalled a June US rate hike is "live."
Gold has fallen more than one per cent as the US dollar hit a new three-week high following minutes of the US Federal Reserve's last policy meeting that bolstered expectations the central bank could soon raise interest rates.
Nationals leader Terry Redman says the party remains opposed to the sale of Fremantle Ports, despite supporting treasurer Mike Nahan's introduction today of a bill to enable a lease of up to 99 years to proceed.
Limp growth in an economy that generates minimal wage increases is hardly the election campaign banter the Turnbull government is trying to spruik, but new figures suggest just that.
Embattled Perth Lord Mayor Lisa Scaffidi denies a no-confidence motion against her deputy was payback after he asked her to step aside for not disclosing travel gifts.
The state’s high labour costs and lack of available farmworkers will make it difficult to compete globally in agribusiness, potato grower Tony Galati told today’s Business News Success & Leadership breakfast.
An independent panel formed to review the environmental watchdog's policies and guidelines development has recommended its policy framework be updated and simplified.
The federal government has deferred introduction of the so-called backpacker tax in a bid to rid the issue as an election irritant in rural and regional seats.
