Gold prices eased overnight as investors locked in profits before this week's US non-farm payrolls data and as a rally in stock markets briefly halted the metal's recent strong run.
Oil prices fell in thin trade overnight, weighed down by data showing a smaller-than-expected draw on US crude stockpiles and worries about the global economy.
Oil prices edged higher overnight ahead of a US holiday, after falling steeply a day earlier as worries about a slowing global economy outweighed a decision by OPEC and allies to extend crude output cuts.
Gold steadied overnight, paring earlier gains as a rally in equities reduced the attraction of the non-yielding metal while global growth concerns and prospects for dovish monetary policy kept bullion supported.
Aboriginal-owned Redspear Safety and UK-based Safehouse launched new business called Safespear on Tuesday night, a safety services company chaired by Redspear's Barry McGuire.
Oil prices fell more than four per cent overnight, even after OPEC and allies including Russia agreed to extend supply cuts until next March, as weak manufacturing data had investors worried that a slowing global economy could dent oil demand.
Gold prices rose 1.5 per cent overnight, a day after posting the biggest one-day percentage fall in two and a half years, as US Treasury yields fell on worries over global growth and renewed concerns over global trade.
The Australian share market fell flat after the Reserve Bank delivered a consecutive cash rate cut, with the big four banks and mining giants pulling in opposite directions.
Oil prices pared gains overnight after worries about oversupply persisted, pulling back from an early rally as OPEC extended supply cuts until March 2020 during a meeting in Vienna.
Gold slid by as much as two per cent overnight as the US dollar rallied and investors flocked to higher-risk assets after the agreement to resume trade talks between the United States and China.
The state government has fined BGC Residential and nominated supervisor Thomas Edmund Starkey $22,000 and $10,000 for breaching building registration laws after roof defects were found in two Perth homes.
The Australian share market has opened higher, with almost every sector recording a positive start on the first day of the new financial year after the US and China agreed to restart trade talks.
Crown Resorts' Barry Felstead and ABN Group's Andrew Roberts are among the top five fundraisers this year for Vinnie's CEO Sleepout, raising more than $130,000 each to help break the cycle of homelessness.
Regional Development Minister Alannah MacTiernan announced the Collie Future investment prospectus this morning, touting millions of dollars in funding for the regional town.
