Gold has bounced from near six-year lows in line with a sharp rebound in the euro, rising one per cent after the European Central Bank (ECB) announced the minimum cut in its deposit rate that investors had been expecting.
Andrew Forrest wants Australia's looming free trade agreement with India to include a commitment to tackling modern slavery within the world's seventh largest economy.
Analyst firm EnergyQuest has predicted lower liquefied natural gas prices will not lead to Australian operations switching off or cutting back production, in its latest quarterly review of the industry.
Long-time Liberal frontbencher Ian Macfarlane has moved to the Nationals, just weeks after he lost his role as minister for industry and science in Malcolm Turnbull’s cabinet reshuffle.
Perth venture capital firms have welcomed government measures today that will allow small businesses to raise money by crowd-sourcing, but criticised them for not going far enough.
Gold fell to its lowest in nearly six years, extending losses as Federal Reserve Chair Janet Yellen said she was "looking forward" to an interest rate hike that will mark the US economy's recovery from recession.
The Australian dollar is flat after heightened speculation about a US interest rate hike caused the currency to lose all the gains made on the back of local economic growth data.
Consulting firm Deloitte has picked ten trends which it says will dominate the mining industry in 2016, including further pressure for producers to reduce costs and adoption of innovations from other industries.
Higher consumption and exports have helped the national economy grow 0.9 per cent in the September quarter, ahead of forecasts, while Western Australian state final demand shrunk around 1.3 per cent.
Potato growers have poured cold water over reports earlier today that they’ll support deregulation of the industry, with the Potato Marketing Corporation saying it did not make any such recommendations and one senior grower representative labeling it a media stunt.
Oil prices have moved sideways as traders awaited the weekly US petroleum report and an OPEC meeting seen as unlikely to reduce output despite persistently weak prices.
Gold has risen for a second day, rebounding from last week's five-and-a-half-year low, as a retreat in the US dollar prompted investors to cover short positions ahead of a European Central Bank (ECB) meeting and US payrolls data this week.
Western Australian merchandise exports were up 11.7 per cent for the September quarter, after five quarters of decline, while the national current account deficit fell 12 per cent to $18.1 billion.
The Australian share market has made strong gains as investors took heart from economic data out of China and prices for gold, oil and copper lifted in Asia.
Synergy chairman Lyndon Rowe has mapped out a detailed agenda for energy market reform, saying there would be catastrophic consequences if the government did not tackle market players with vested interests.
The US dollar pared gains after hitting an eight month high against major currencies, while the prospect of further European Central Bank stimulus dragged the euro, and oil futures fell on worries about a growing supply glut.
Gold has lifted 1 per cent but remains close to its lowest level in almost six years, and is on track for its steepest monthly slide in two-and-a-half years on prospects of a US interest rate rise in 2015, as the US dollar hit a multi-month high.
Young Australians are deeply concerned about personal debt and less-than enthused about the nation’s economic prospects, according to a survey by local organisation Student Edge.
