News

The state government has announced that Fairbridge WA will take over operation of six camp schools across the state, while parent group Family Support WA will manage Landsdale Farm in Perth's northern suburbs.

China trade war threat ratchets up

Wall Street's major indexes have fallen as US President Donald Trump raised the possibility of additional tariffs on Chinese imports and Apple Inc indicated that some of its products could be subjected to such levies.

Oil prices are steady, with US crude slipping on weak global equity markets while Brent inched up on geopolitical factors, including violent protests in Iraq.

The Australian stock market has marked seven straight days of losses for the first time since January 2016, as US-China trade concerns continue to drag on the indices.

The Supreme Court has thrown out a claim by former mining executive Derek Ammon, who had complained about the impact of noise at the Raffles hotel on his neighbouring apartment.

WA sheep exports to resume

Crude futures have reversed course, falling more than one per cent after US data showed petrol inventories rose unexpectedly last week, overshadowing a bullish drawdown in crude.

The S&P 500 and Nasdaq declined as the possibility of more US tariffs on Chinese imports loomed, while tech stocks stumbled, led by chipmakers and concerns about increased regulation of social media companies.

Australian shares have dropped to their lowest since June in the wake of near-across the board falls triggered by increased US-China trade worries, falling world oil prices and a new round of mortgage rate hikes by local banks.

Gold producer Pantoro has announced a capital raising for up to $15 million as the company aims to expand production at its Halls Creek operation to 80,000 ounces in 2019.

Former Association of Surfing Professionals chief executive Brodie Carr has been appointed as Tourism WA’s new managing director.

Exploration hits 30-year high

The Nasdaq has fallen more than 1.0 per cent, dented by technology stocks after Facebook and Twitter executives defended their companies before sceptical US lawmakers.

Oil prices fell more than one per cent after a US Gulf storm weakened and moved away from oil-producing areas and concerns mounted about global trade disputes and Turkey's currency crisis hurting demand.

The Australian share market closed lower on Wednesday, dragged down by a slump in the heavyweight mining sector as worries about a possible escalation of trade tensions hit commodity prices.

Western Australia’s car industry has recorded its third straight month of decline for new vehicle sales, according to the latest data from the Federal Chamber of Automotive Industries, but electric and hybrid passenger cars, and small-sized SUVs have bucked the trend.

A wave of investment in the WA aged care sector has continued, with Southern Plus opening a luxury care facility in the same week as Hall & Prior announced it would proceed with a $60 million redevelopment.

Chief Justice Peter Quinlan has today announced the full-time appointment of Justice Jeremy Curthoys to the Supreme Court.

Telecommunications firm Swift Networks has entered into a three-year reseller agreement with Vietnamese systems integrator Sieu Nhat Thanh Co to expand into the South-East Asian country.

PM’s $3.6b corporate tax cuts

US stocks have fallen as trade concerns lingered and declines in Facebook and Nike shares weighed on Wall Street's major indexes, though data showing US manufacturing activity accelerated in August kept losses in check.

Oil prices were little changed as energy infrastructure on the US Gulf Coast braced for a hurricane, but gains were capped as a stronger dollar and report of rising stockpiles at the Cushing, Oklahoma hub weighed.

Australian shares have closed lower on Tuesday, as reports of fresh investigations into financial institutions kept investors on edge, while overall sentiment was cautious ahead of key economic data.

After eight months of community protest over its education spending cuts, the state government has reversed its decision to close Moora Residential College following an $8.7 million federal grant.

The Foundation for the WA Museum has appointed two new members to the board, with Nev Power set to become its chair.

Australian shares are down at the open, with the financial sector weighing heavily on the market ahead of the Reserve Bank of Australia's cash rate decision.

Retail spend stalls as house prices take hit

Oil prices have risen, supported by concerns that falling Iranian output will tighten markets once US sanctions bite from November, but gains were limited by higher supply from OPEC and the United States.

Gold prices eased slightly after the US dollar held near a one-week high on worries over an escalation in trade conflicts between the United States and other countries.

Australian shares slipped in subdued trading on Monday, as US-China trade tensions kept investors wary and the Aussie dollar came under renewed pressure from local retail data.

A 7.4 per cent decline in the number of WA trainees and apprentices in-training is leaving the state at risk of a skills shortage.