Oil prices settled slightly higher on Wednesday, with Brent touching three-week highs and then retreating after a surprising drop in U.S. refining rates and an unexpected build in fuel stocks signaled slower demand in the world's top oil consumer.
Gold fell for a third straight session on Wednesday on pressure from the U.S. dollar's gains for much of the session and amid speculation that the next chair of the Federal Reserve could be a policy hawk.
Premier Mark McGowan says he is hopeful negotiations with the AFL on its move to the new Perth Stadium for the 2018 season will be complete by the end of the week.
David Flanagan-led graphite explorer Battery Minerals has slashed the development cost of its Montepuez project in Mozambique by two-thirds, as the company restructures its plans for the operation.
The combination of lower property prices, low interest rates and small increases in household incomes has made housing affordability in Perth the best it has been for 10 years, and the best of any
Fibre tech company Nanollose has excited investors on its first day of trading on the ASX, following completion of a $5 million initial public offering.
Sheffield Resources has mandated finance group Taurus to arrange a $US200 million ($A255 million) debt facility for development of its Thunderbird mineral sands project, and also named GR Engineering Services as its preferred contractor.
Crown Resorts has rejected claims by whistleblowers tabled in federal parliament alleging the casinos operator deliberately tampered with poker machines to increase losses for gamblers.
Newcrest Mining will spend $93 million this quarter to expand its Telfer gold mine in Western Australia, after the state government was last week forced to abandon its planned gold royalty increase.
Mining giant Rio Tinto and two top former executives have been charged with fraud by US market regulators for allegedly inflating the value of an African coal business that cost the company a $2.9 billion write-down.
BHP Billiton has reaffirmed its full-year production guidance for all its commodities despite posting softer quarterly production for iron ore and copper.
Australians shares have started marginally higher, as investors tread cautiously following falls in mining stocks and news that Rio Tinto has been charged with fraud.
Western Power eyes disruptionDisruptive technologies such as batteries and stand-alone power systems are likely to form a key part of Western Power's investment over th
Oil prices ended little changed on Tuesday, steadying after earlier gains and losses, as expectations of high US production and exports offset concerns that fighting between Iraqi and Kurdish forces could threaten the country's crude output.
Gold prices fell to a one-week low on Tuesday on speculation that the eventual successor to US Federal Reserve Chair Janet Yellen will favour higher interest rates.
The Western Australian opposition will not block the Labor government's proposed payroll tax increase, despite describing it as a broken election promise and predictions it will cost over 1,300 jobs.
Smart design, new hospitality offerings, and local business partnerships are core ingredients of the InterContinental Perth City Centre hotel's strategy to position itself for long-term success in the CBD.
Telstra says competition in the telecommunications sector remains tough and concedes it will probably lose customers to smaller rival TPG Telecom when the market newcomer establishes its own mobile phone network.
A joint venture between Perth-based engineering group Clough and French company Suez has won a contract to build the second stage of a water recycling plant in Craigie, which is the major component of the state government's $262 million groundwater replenishment scheme.
Western Australian Energy Minister Ben Wyatt has opened the door for a potential state-based renewables target after the federal government confirmed a major change in energy policy today.
Perth-based explorer Elixir Petroleum has entered into an agreement to acquire a Mongolia-focused coal seam gas business in an all-scrip deal worth about $4 million.
Rio Tinto says it lifted third quarter iron ore shipments from its Pilbara operations by slightly more than expected on the back of an improvement in rail capacity and performance.
ANZ Banking Group will sell its superannuation and some financial planning businesses to financial services group IOOF for $975 million as it continues to weigh how best to offload life insurance.
The Australian share market has opened higher following the lead from Wall Street, where major stock indices rose overnight, with the local market now at its highest level since May.
Power ‘guarantee' to fix crisisEnergy retailers will be forced to buy a minimum amount of baseload power from coal, gas or hydro for every megawatt of renewable energy
