The owner of Dan Murphy's has started searching for a new CEO following the announced departure of its current leader who will leave behind a slowing business.
The local stock exchange has finished about one per cent higher, with every sector except energy in the green as the rotation from banks to miners continued.
The ASX200 dropped 0.2 per cent, while miners gained and the local currency hit its highest level in 19 months on China's aggressive stimulus measures.
US stocks have closed with some indexes enjoying record highs, boosted by mining stocks that had been buoyed news of China's sweeping stimulus package.
Senior reporter and feature writer Victoria Laurie was bestowed the culture and arts report award at the WA Media Awards for her work in Business News.
The ASX200 fell 0.1 per cent, with fashion retailer Cettire soaring and uranium developers continuing to rise, while supermarkets were down for a second day.
Microsoft gains after new share-buyback plan, dividend hike; Intel gains following collaboration with Amazon's AWS; US retail sales unexpectedly rise in August.
The languish Chinese property market will continue to weigh on Western Australia’s economic growth, which is tipped to record a modest uptick, according to CCIWA.
