City of Perth chief executive Martin Mileham has taken indefinite leave, with Lord Mayor Lisa Scaffidi explaining today that his move comes after a private investigation by law firm Herbert Smith Freehills late last year.
Australian shares have got off to a tepid start with investors still cautious amid a busy earnings week despite positive momentum in the last few sessions.
The Australian dollar has fallen more than half a US cent against its US counterpart which continues to experience weakness despite bouncing off a three-year low.
The state government’s chief information officer Giles Nunis is moving to the private sector after a recent review recommended sweeping changes to his office, which was established under the Barnett government.
Australian shares fell back in afternoon trade to close lower on Friday despite the impetus of some strong company profit figures and overnight gains on Wall Street.
The share market has posted its best session in seven months due to positive half-year earnings results and strong gains for the miners and the energy producers.
The Australian share market is sharply higher in early trade after gains of more than one per cent on US markets overnight and amid a plethora of ASX-listed company results.
Oil prices have rebounded after US crude stocks rose less than expected and Saudi Energy Minister Khalid al-Falih said major oil producers would prefer tighter markets than to end supply cuts too early.
Gold prices have climbed nearly two per cent, rebounding from early losses that followed stronger-than-expected US inflation data, as the dollar surrendered gains and equities swung higher.
The Australian share market weakened as caution ahead of the release of key US inflation data outweighed better than expected earnings reports from several companies.
Oil prices are flat, bouncing back from an early slide as the US dollar fell to a one-week low, which encouraged buying of US dollar-denominated crude at session lows.
Gold prices have risen as the US dollar has slipped and markets anticipate the release of impending US inflation data that may offer some clues on the pace of future Federal Reserve interest rate increases.
A unique initiative launched earlier this month based on the six seasons of the Noongar calendar aims to grow indigenous leadership skills through culturally appropriate training, according to co-founder Rishelle Hume.
Australian shares are modestly higher in early trade after Wall Street's Dow closed sharply higher as US equities rose for a second consecutive session.
Oil prices have risen, beginning to recoup some of last week's steep losses as global equities have steadied following their biggest one-week decline in two years.
The Australian share market has closed lower but did claw back some earlier losses as the Dow Jones futures index pointed to a possible positive session on US markets tonight.
Despite a stronger lead out of the US, Australian shares have slipped sharply in early trade as reporting season begins in earnest and Asian markets brace for more volatility.
