Roughly four in every five Western Australians feel the state government doesn't have a suitable plan to pay back debt and recover a AAA credit rating, according to a recent Chamber of Commerce and Industry of WA survey.
Gold has rebounded more than one per cent, snapping two days of losses as risk appetite evaporated, pushing global stocks lower and knocking the US dollar to a 17-month low against the yen.
Wall Street has fallen sharply as investors took gains off the table following a recent rally and ahead of an upcoming quarterly reporting season that is expected to reveal sharply lower earnings.
The head of Shell's Perth-based communications and government relations team has been named the next chief executive of the Australian Chamber of Commerce and Industry.
Gold has fallen after strong US economic data boosted investor risk sentiment and a top US Federal Reserve official said an interest rate rise is likely ahead of the market's current expectations due to fading economic concerns.
US stocks have ended weaker, pulling back from a recent rally that took them to new 2016 highs, as losses in commodity-related and industrial shares offset gains in healthcare.
Gold has fallen more than one per cent after US March payrolls data beat expectations, allaying some fears about the US economy and stoking speculation about the timing of likely interest rate rises by the Federal Reserve.
Wesfarmers chief executive Richard Goyder has thrown his support behind the state government's plan to lease Fremantle Ports, saying the state needs a world-class operator to ensure exports are competitive internationally.
Gold has edged up as the US dollar and stock markets retreated, locking in the metal's biggest quarterly gain in nearly 30 years amid reduced expectations for US interest rate rises.
Competition in Perth's on-demand transport sector is growing, with a new local player, Shofer, entering the market today to battle disruptive giant Uber and the existing taxi industry.
US stocks have ploughed further into positive territory for 2016, helped for a second session by comments from Federal Reserve chair Janet Yellen that eased anxiety about potential interest rate hikes.
Gold has fallen more than one per cent as a rally in higher-risk assets such as equities prompts investors to cash in gains sparked by the Federal Reserve chair's cautious tone on rate rises.
PENALTY rates are a common frustration for many retail and hospitality businesses, but it's surprising to find they adversely affect even that most transient of enterprises – the food van.
The hotel industry expects up to a quarter of Perth's hotel rooms to be filled by delegates attending next month's LNG18 conference, though the number of people attending and the flow-on economic benefits to the state remain unclear.
