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The Australian dollar is higher after it got a boost from gains on Wall Street driven mainly by strong sales data from General Motors and Ford.

Oil prices have dipped as speculators took profits for a second day after big third-quarter gains and on concerns that higher prices might spur increased US shale production.

Gold prices have risen above a seven-week low as the US dollar came off its highs.

After eight years at the helm of the state's largest home builder Kelvin Ryan has stepped down from his role as BGC Residential chief executive.

Perth-based Kinetic IT, which has 1,200 staff across Australia, has partnered with talent-sourcing technology provider Gooroo Ventures to improve its recruitment process and team performance.

The share market closed weaker as all sectors outside of telcos lost ground, and the Australian dollar has fallen to a two month low.

Chinese company Tianqi Lithium and its head contractor MSP Engineering are on track to achieve 80 per cent Western Australian content on two big construction projects worth more than $700 million.

Tech company Hazer Group has entered into a collaboration agreement with diversified business Mineral Resources, for development of a facility to produce synthetic graphite.

The premier has dismissed claims that almost 3,000 jobs would be lost under the state government's planned gold royalty hike, after a report claimed that five existing mines were at risk of closing if the royalty was enacted.

Litigation funder IMF Bentham has committed $30 million towards two new investment vehicles, which will have a combined pool of $150 million.

The Reserve Bank of Australia has held the official interest rate at 1.5 per cent and maintained its forecast of a gradual improvement in economic growth in the year ahead.

A pre-feasibility study on Kalium Lakes' Beyondie sulphate of potash project in the Pilbara has detailed a $220 million capex to bring the asset into production.

Junior miner Tanami Gold has entered into an agreement for the sale of its Western Tanami gold project in the Northern Territory to Northern Star Resources for $4 million in cash.

Vocus Communications has appointed former M2 Group boss Vaughan Bowen and former Telstra chairman Bob Mansfield to lead a board tasked with turning around the faltering business

The Australian market has ignored a strong positive lead from Wall Street and opened lower, with insurance giant QBE helping pull down the market.

Gold royalty rise to cost 3,000 jobs: lobbyAlmost 3000 jobs would disappear if the West Australian Labor government implemented its controversial plan to increase gold

The Australian dollar has crept higher against its US counterpart, which has consolidated its gains made earlier in the London-New York session.

Oil has fallen more than $US1 a barrel as a rise in US drilling and higher OPEC output put the brakes on a rally that helped prices notch their biggest third-quarter gain in 13 years.

Gold has fallen to its lowest in nearly seven weeks as rising US Treasury yields pushes the US dollar higher while concern over violence during Catalonia's independence vote at the weekend weighed on the euro.

SPECIAL REPORT: WA's residential property sector is starting to show signs of stabilising, amid increased industry innovation and evolving housing types.

SPECIAL REPORT: One local builder is aiming to help redefine the concept of living spaces as part of a flagship project in Perth.

SPECIAL REPORT: After 14 years of working together through the ranks at two of Western Australia's largest construction companies, Mark Kepplinger and Mike Van Dongen decided it was time to establish their own business.

SPECIAL REPORT: Two of the state's leading high-end builders have taken different paths in response to changing conditions in the residential market.

The Australian share market has closed higher after investors started the new quarter in a bullish mood following a positive lead from the US and encouraging economic data from China.

Aspiring gold miner KIN Mining has released a definitive feasibility study on its Leonora project in the Goldfields, which has forecast a development cost of about $35 million.

Perth company Quantify Technology Holdings says it has the potential to reap up to $30 million in sales a year through a new agreement with retailer Harvey Norman.

Local company Tungsten Mining has kicked off a $13.5 million capital raising as it progresses development of its Mt Mulgine tungsten project in the Murchison region.

Rio Tinto's long-running project to fully automate its Pilbara rail operations has achieved a milestone, with the first unmanned train journey successfully completed over a distance of nearly 100 kilometres.

Canada's Kirkland Lake Gold, which is a major backer of TSX-listed Novo Resources Corporation - the company at the centre of a mini gold rush in the Pilbara - has thrown its weight behind Perth-based explorer De Grey Mining, which is one of several local explorers active in the same area.

Perth house prices ticked up slightly last month but were still down over the past three months, as the national property market loses steam.

The sale of the Ten Network to US media giant CBS would likely cause havoc for rival broadcasters Seven West Media and Nine Entertainment, a senior analyst has warned.

The Australian share market has opened strong on the the first trading session of the new month, with investors taking cues from a positive finish on Wall Street last week.