Gold rose more than one per cent on Friday, recovering from its biggest daily loss in five months as the US dollar retreated, but remained near multi-year lows after the Federal Reserve lifted US interest rates.
Acrimony and finger pointing continue at a political level as the state government faces a ‘horrible’ mid-year budget review, with latest figures suggesting the recent dramatic increase in state debt has been fuelled by a spending push that has outpaced revenue growth.
US stocks have led a decline in most equity markets around the globe, a day after the Federal Reserve's first interest rate rise in nearly a decade, as continued pressure on oil weighed on the energy sector.
Gold prices have fallen more than one per cent, after the Federal Reserve increased US interest rates for the first time in nearly a decade and hinted at more increases in 2016.
The financial affairs of numerous previously low-key unlisted or foreign-owned companies headquartered in Western Australia have been released by the Australian Tax Office.
Premier Colin Barnett has expressed his ‘extreme’ disappointment at yesterday's Supreme Court ruling on the Roe 8 highway project, as the environment minister announced a ‘third party health check’ into the Environmental Protection Authority.
The US Federal Reserve's long-awaited rate rise seems to have clinched a pre-Christmas "Santa rally" for the Australian share market after local stocks closed higher for a second straight day.
The Australian share market has jumped higher in early trade, with the US Federal Reserve's decision to hike interest rates clearing the way for a likely Santa rally.
Gold has held onto its gains, after the Federal Reserve raised US interest rates for the first time in nearly a decade, as expected, making clear it was a tentative beginning to a "gradual" tightening cycle.
US stocks have rallied after the Federal Reserve announced it is raising its key policy rate for the first time in nearly a decade in a sign of confidence in the US economy.
An industry consortium led by members of the Chamber of Fruit and Vegetable Industries in WA has been selected as the preferred bidder for Market City, putting the state government a step closer to its first major asset sale.
Oil reversed early falls to snap a six-day slide as bargain hunters moved in after crude dropped to its lowest level since December 2008 in the prior session. The jump helped boost equities in both the United States and the Europe.
US stocks have rallied broadly, led by energy and financial shares as crude oil prices rose and before Wednesday's interest rate decision from the Federal Reserve.
Mining and technology don’t have to be in competition when it comes to capital, Assistant Minister for Innovation Wyatt Roy said today, with the extractive industry in a prime position to export its knowledge in addition to hard commodities.
