Investors have had their best gains of the week on the Australian share market, ahead of US President-elect Joe Biden giving details of his economic stimulus plan.
The US House has voted to impeach President Donald Trump for a second time following the violent siege at the US Capitol last week by a mob of his supporters.
A mid-session turnaround has helped the ASX close slightly higher, while Premier Investments' substantial earnings guidance upgrade gave cause for optimism.
Australia's share market has closed a little lower, with the contrasting fortunes of bank and property stocks showing the consequences of investor's expectations of inflation.
ASX traders' first week of 2021 produced the best gains in eight weeks, but the coronavirus threat remains after a more infectious strain entered Australia.
Twitter and Facebook have temporarily locked the accounts of President Donald Trump and YouTube removed his video message to protesters who stormed the Capitol.
Police in the US Capitol have responded with drawn guns and tear gas as swarms of protesters stormed in and sought to force Congress to undo President Donald Trump's election loss shortly after some of Trump's fellow Republicans launched a last-ditch effort to throw out the results.
Prime Minister Scott Morrison has called a special meeting of national cabinet later this week to consider a proposal to strengthen the COVID safety of international travel processes.
Investors lost more than one per cent on the ASX as they grew uneasy about early US Senate votes, which may hand Joe Biden support for a progressive agenda.
Premier Mark McGowan has urged the federal government to resume national cabinet to discuss COVID-19 and the roll-out of a vaccine in the coming months.
The City of Perth has recommended GDI Property Group's timber-steel hybrid office complex proposal for approval, when the assessment panel meets later this month.
A late flurry of buying helped the Australian share market close little changed, and investors were keen on miners ahead of US Senate elections they hope will lead to government infrastructure spending.
A $190 million plan to transform Midland’s CBD is beginning to take shape, with a key component of the Midland Oval Redevelopment Precinct given the green light.
Three people who tested positive for COVID-19 while in hotel quarantine in Perth have now been found to have the more transmissible UK variant of the virus.
Investors have enjoyed a gain of about 1.5 per cent from the first session of 2021 on the Australian share market, after miners and particularly Fortescue Metals powered indices higher.
Communications consultancy Cannings Purple has shifted one of its founding directors, Warrick Hazeldine, from managing director to non-executive chair of the board following the retirement of outgo
The ASX has closed higher following broad-based gains, snapping a three-day losing streak as NSW appeared to be controlling the Sydney coronavirus cluster.
