The state government and land developers should work together to source private investment for future transport projects, according to ‘entrepreneur rail model' advocate, Peter Newman.
Gold has rebounded by more than one per cent as the euro bounced back from a six-week low against the US dollar after European Central Bank chief Mario Draghi indicated further interest rate cuts in the eurozone are unlikely.
US stock indexes have ended a volatile session little changed after the European Central Bank reduced interest rates but ECB chief Mario Draghi confounded investors who expected multiple rate cuts by saying more were unlikely.
Privately owned Perth company Eclipse Resources is facing a bill of more than $10.5 million after losing a challenge to the state government's landfill levy.
Blackburne managing director Paul Blackburne was last night named the 2016 Business News 40under40 First Amongst Equals, ahead of a talented and diverse field of candidates.
Gold fell on Wednesday as oil prices and world stock markets rose, and expectations for further monetary easing from the European Central Bank prompted some investors to take profits after the metal's rally to 13-month highs last week.
US stocks have ended near the lows of the day as energy shares tumbled alongside the price of oil and soft Chinese trade data rekindled fears that the global economy is weaker than expected.
Gold has turned lower, falling below last week's 13-month high on profit-taking as the market's recent rally appeared to lose momentum ahead of the next US Federal Reserve meeting.
Smaller iron ore miners were the big winners today after the iron ore price surged overnight, whereas Fortescue Metals Group failed to sustain Monday's big gains despite announcing a joint venture and investment deal with Brazil's Vale.
A former staffer to two Western Australian premiers and current Vincent Mayor John Carey is seeking Labor preselection for the seat of Perth at the next state election.
Six-and-a-half years after Chevron started development of Australia's single largest resources project, the $US54 billion Gorgon liquefied natural gas (LNG) plant has commenced production, though it is by no means complete.
Fortescue Metals Group and Brazilian competitor Vale are looking to reshape the iron ore market, announcing this morning plans for Vale to invest in FMG's mining operations and for the two companies to form a joint venture to sell blended ore into China.
Gold rose on Monday, hovering just below last week's 13-month high as the US dollar turned lower, while a fall in average US earnings lessened expectations the Federal Reserve could raise interest rates at its next policy meeting.
The Dow Jones industrial average and the S&P 500 index closed higher on Monday as a spike in energy shares offset sharp declines in large-cap technology names, which dragged down the Nasdaq.
New car sales have again fallen in Western Australia, down 2.2 per cent in the first two months of the year compared to 2015, with Holden and Hyundai the worst hit.
Gold has risen back towards $1,260 an ounce, coming within a hair of a 13-month high as the US dollar heads toward its biggest one-day tumble in a month after US data fuelled worries over Friday's US payrolls data.
