The Housing Industry Australia has forecast an 8.6 per cent increase in WA's house building starts in 2019 after four years of declining activity, on the back of positive house building and sales numbers.
The Australian share market has closed higher, buoyed by the banks and commodity-related stocks, but the Aussie dollar has fallen below 71 US cents for the first time since February 2016.
A strong run over the past month from listed companies Mineral Resources, Woodside Petroleum and Seven Group Holdings has helped push Business News' index of 30 local stocks to a record high this week.
The state government has today announced an updated community services policy, providing five-year contracts with the aim to give not-for-profit organisations greater funding security.
In a wide-ranging interview, Mark Pownall explores the career of Tianqi Lithium general manager Phil Thick and discusses the state of the battery metals industry.
Mining contractor Macmahon Holdings has agreed to pay a $6.7 million settlement for a class action related to cost overruns at a construction project in 2012.
Federal Labor is hoping influential Senate crossbenchers deliver crucial support for a push to guarantee no state or territory will be worse off under new GST revenue carve-up arrangements.
Gains for materials, banking sector, and energy stocks have lifted the ASX at Thursday's open, following a strong overnight performance by Wall Street on the back of rising US Treasury yields.
US shares have advanced and the Dow Jones Industrial Average closed at a record for a second day, after American economic data fuelled a rise in Treasury yields, lifting financial stocks.
Brent crude rose nearly two per cent after hitting a four-year high on overnight as the market focused on upcoming US sanctions on Iran, while shrugging off the year's largest weekly build in US crude stockpiles and reports of higher Saudi Arabian and Russian production.
Gold eased overnight after the Italian government indicated it was open to trimming its budget deficit and debt, soothing investors' nerves and prompting a wider move back into stocks and other higher-risk assets.
Civmec has erected the first steel for its new $80 million assembly hall in Henderson today, with Prime Minister Scott Morrison in attendance for the event.
Gold Corporation chairman Don Mackay-Coghill has launched a broadside against the loose monetary policy of central banks in the past decade, warning it has inflated a big bubble.
Chevron Australia has given the green light to a purpose-built tower at Elizabeth Quay, lodging a development application for a 30-level building for lot seven of the precinct.
US tennis star Serena Williams is the latest high-profile player to commit to the upcoming Hopman Cup, with the news coinciding with data showing an increase in the number of tourist visits to Western Australia.
Sydney-based SCA Property Group has purchased four Perth shopping centres for a combined $269.4 million as part of a larger deal with ASX-listed Vicinity Centres.
The Australian share market has edged higher at the open, boosted by the heavyweight materials sector, which lifted on improved copper and gold prices.
