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.
Local Government Minister Tony Simpson says he's aware Perth Lord Mayor Lisa Scaffidi is threatening to resign in the face of another inquiry into her conduct.
Gold has dropped almost two per cent to a near six-year low, set for a sixth straight weekly decline under pressure from a firm US dollar and prospects of a US interest rate rise in December.
The Australian share market has faded into the red after a positive start, dragged back by the absence of a lead from US markets, and investor fatigue.
A New Zealand-based insolvency expert has been put in charge of a new state government authority that will decide how $1.7 billion from the Bell Group litigation will be distributed.
Developers say the extension of a buffer around industrial areas near Kwinana has the potential to set a dangerous precedent over the erosion of the rights to develop land.
Australia Post has been given the thumbs up by the consumer watchdog to raise the price of a basic stamp by more than 40 per cent while taking longer to deliver the letters they are stuck on.
The Australian share market has opened higher, following positive leads from European bourses overnight with Wall Street closed for the Thanksgiving holiday.
Former Western Australian under-treasurer John Langoulant has questioned the business community for failing to reprimand the state government's loss of a AAA credit rating, at a Bankwest Curtin Economics Centre forum today.
The state government has begun the tender process to find a lead financial adviser as it plans to move ahead with divesting a portion of Keystart's loan book to the private sector.
The major US indexes were virtually unchanged at the close of a quiet trading day with gains in healthcare and consumer stocks after data showed US modest economic growth.
Oil prices have finished a bit higher after a US inventory report showed increased petroleum supply, but a separate report showed fewer drilling rigs in service.
Gold prices have dropped, hovering just above the lowest level in nearly six years after the US dollar rose on the back of strong American economic data.
The state government remains cautiously optimistic about its proposed sale of the Utah Point bulk handling facility in Port Hedland, following the introduction to parliament today of legislation to allow transition of the asset to the private sector.
Australia's big four banks have pulled the Australian share market more than half a percentage point lower, losing ground for a second straight session.
Wesfarmers chairman Michael Chaney has disagreed with Reserve Bank of Australia Governor Glenn Stevens' view that big companies have not reduced hurdle rates for investment decisions amid falling interest rates, in an address at this morning's Business News Success & Leadership breakfast.
