Oil prices have fallen sharply on renewed concerns about China's cooling economy after data showed the weakest growth in more than six years and falling industrial production.
Gold prices have fallen for a third straight day as a rebounding US dollar continues to pull the precious metal away from last week's three-and-a-half-month highs.
The prime ministerial 'musical chairs' may have ended but that hasn't changed the tune of a respected economist, who says the risks to revenue remain the same.
Gold prices have slipped as a recovering US dollar pulled them off a three-and-a-half-month high, but the metal still eked out a weekly rise after gaining in recent sessions on bets against a US interest rate hike.
Two of Australia’s most powerful, and militant, trade unions have flagged a potential merger to create an industrial monolith spanning construction, mining and the wharfside.
Veteran car dealer John Hughes has revealed his business has cut it’s print advertising budget in half, in response to tight economic conditions, but was exploring ways to tap into the under-30s market.
The Australian dollar is back above 73 US cents, after higher-than-expected US core inflation data and speculation that the European Central Bank could bolster its quantitative easing program.
Gold prices have fallen after reaching a three and a half month high on Thursday as a stronger-than-expected reading of US inflation drove the dollar index.
Oil prices have fallen for the fourth straight day as the United States reported an increase in already high crude-oil stockpiles, adding to concerns about the global oversupply.
The Australian share market has made modest gains on expectations that weak economic data from the US and disappointing jobs numbers in Australia will keep interest rates low.
The unemployment rate in Western Australia was unchanged at 6.1 per cent in September, however it disguised a fall in employment as the number of people working fell by over 9,000 during the month.
Western Australia's financial health is suffering from a multi-billion dollar revenue hit because of falling commodity prices and China's economic slowdown.
