Miners scramble to deal with news out of AfricaA swag of Perth-based explorers with projects in Tanzania were last night scrambling to make sense of new laws passed by
Oil prices flirted with both positive and negative territory on Tuesday, hovering around $US50 a barrel on tentative signs that a persistent rise in US crude production may be slowing.
Liberals to block SA bank levyThe banks have chalked up a significant victory after the South Australian Liberal Party vowed to block the state based bank levy because
The Australian dollar is lower against a strengthening US dollar ahead of the Reserve Bank of Australia's interest rate announcement and retail trade figures.
Oil has risen more than 2 per cent, resuming its longest stretch of daily gains in more than five years after data pointed to diminished US output, though analysts said news of rising OPEC production could cap gains.
Gold has fallen to a seven-week low and headed for its biggest one-day loss since November as the US dollar rebounded and 10-year US Treasury yields climbed, weighing on appetite for non-interest bearing bullion.
The Australian share market has opened flat, with investors in a cautious mood after a sharp decline in the previous session and ahead of local and international data this week.
Rio backs GST fightMining behemoth Rio Tinto has added its clout to growing calls for the Federal Government to overhaul the broken GST distribution system, saying the
Gold has eased and remains on track for its first monthly loss this year, as indications by leading central banks that the era of easy money may be coming to a close pushed bond yields higher, hurting the non-interest bearing metal.
The Australian dollar is slightly higher against its US counterpart which has steadied after a series of falls, amid another lift in oil prices and steady iron ore prices.
Oil has climbed for a seventh straight session as a decrease in the US rig count and stronger demand data from China lifted depressed prices that still finished the first half with the biggest decline for that period since 1998.
Proving its ongoing ability to deliver across traditional formats and new media, Business News has again been recognised with multiple awards at the annual Alliance of Area Business Publishers in the US city of Dallas.
The Australian share market has opened sharply lower, after an overnight decline on Wall Street and some profit taking on the last day of the financial year.
Treasurer backs WA on GST but not parochialTreasurer Scott Morrison says he has “great sympathy” for WA’s concerns over its share of the GST but has warned any change t
The Australian dollar has continued to climber against its US counterpart, which has fallen for a second straight day, thanks to the rebounding iron ore price.
Oil futures have ended slightly higher, extending crude's rally to a sixth straight session after a decline in weekly US crude production temporarily eased concerns about deepening oversupply.
Gold prices have fallen as signs that central banks may scale back their ultra-loose monetary policy pushed bond yields higher on both sides of the Atlantic, though a decline in the US dollar to its lows for the year lent support.
Monadelphous Group has hosed down speculation that it is eyeing a $300 million acquisition of a civil engineering company, but the rumours have fuelled investor interest.
The Australian share market has opened sharply higher, mimicking an overnight climb on Wall Street where the S&P 500 had its best one-day percentage gain in about two months.
GST proposals for $10b gainThe WA Budget would be up to $10 billion better off under a series of audacious proposals from the McGowan Government to overhaul the entire
Oil futures have climbed more than 1 per cent to their highest in more than a week as buyers were encouraged by a small weekly decrease in US production and shrugged off a surprise build in crude inventories in the world's top oil consumer.
Gold prices have risen as the US dollar has weakened for a second straight day following a global cyber attack and a delay to US healthcare legislation that fuelled doubts about President Donald Trump's ability to pass measures expected to boost the economy.
A manager at a roofing company has been fined $7,500 plus costs of $517 after a labourer suffered multiple fractures in a five-metre fall through a skylight in Perth.
