Australian shares have lost ground in early trade after a strong run so far this week, as investors take cues from a choppy session on Wall Street overnight.
Gold prices have risen for a fourth straight session to reach a two-week high as US data showing solid home sales but a fall in mortgage applications pushed the dollar to a two-week low.
The Australian dollar is slightly higher against the greenback after the US tax reform bill - which will slash US company taxes - was passed by the US Senate.
The state government has revised its budget deficit for the current financial year to a record $2.6 billion but insists the budget outlook has improved while also confirming it has added Landgate to its list of potential asset sales.
Korean car maker Kia Motors will increase its offering at DVG Automotive Group dealerships in Midland and Morley after recent showroom upgrades worth more than $1 million.
After announcing yesterday a significant contract with Cross Yarra Partnership in Melbourne, Osborne Park-based Veris has today secured further surveying works contracts in the eastern states worth
The share market turned around a negative start to the day to edge higher, as miners, energy producers and several consumer-related stocks rose in value.
Lydon Hollitt is planning to shake-up property advertising with a new listing platform that matches active buyers and tenants with agents and vendors at minimal marketing cost.
Indonesian businessman Eddy Sariaatmadja has donated specialist medical equipment that is expected to form the cornerstone of an emerging clinical innovation, skills and training hub being planned by Perth business executive Michael Henderson.
Energy and infrastructure contracting group Valmec has secured $30 million in new construction contracts, including a 4 kilometre gas pipeline at Dacian Gold's Mt Morgan project.
Atlas Iron has struck a deal with lithium developer Pilbara Minerals to purchase up to 1.4 million tonnes of direct shipping lithium ore over the next 15 months.
The Australian dollar is slightly lower against a stronger but pretty subdued US counterpart ahead of the expected Congressional vote on the Republicans' tax reform package.
Gold has dipped as US Treasury yields rose on an uptick in housing starts for November and even though the US dollar fell, a factor that generally supports gold.
Oil has edged up towards $US64 a barrel, helped by a North Sea pipeline outage, OPEC-led supply cuts and expectations that US crude inventories had fallen for a fifth week.
An optometrist and a former mining equipment company executive are spearheading a Perth startup's plans to disrupt the eyewear industry by allowing customers to try on, and buy, glasses virtually.
Sydney-based gas company AWE has upgraded its Waitsia 2P reserves by 80 per cent, now ranking it in the top five largest gas fields ever discovered onshore in Australia.
Christian Porter, Matthias Cormann and Michaelia Cash were among the winners from a reshuffle of the federal government ministry announced today by prime minister Malcom Turnbull.
MMA Offshore chairman Andrew Edwards has defended the timing of the company's recent $97 million capital raising at its annual meeting today, saying the oil and gas firm needed a solution to its debt problems.
