OPINION: One month of data and a forecast for strong annual growth in exports is not a trend, but a careful analysis of Australia's latest trade figures appears to confirm that an economic recovery is under way – and that could mean that the currency might be next to move up.
The Australian share market has closed at its highest level in 20 months after stronger US wage data boosted investors' confidence in the US economy and helped lift the local bourse to its fifth straight positive finish so far this year.
The environmental group trying to stop work on the state government's Roe 8 project has been refused an interim injunction on construction by the Federal Court, but has vowed to keep fighting.
Apartment specialist Finbar Group has kicked off 2017 with a fresh development application, lodging plans for its 258-dwelling, low-rise apartments project at the Golden Egg Farms site on Leach Highway in Palmyra.
The prime minister has ordered the secretary of the Department of Prime Minister and Cabinet to investigate the travel claims surrounding Health Minister Sussan Ley, who has stepped aside from her duties.
Recently renamed Carnegie Clean Energy has launched a $5 million capital raising to prepare itself for opportunities that may come up through its joint venture with developer Lendlease.
The Australian dollar has slipped in early trade on Monday after its US counterpart rebounded following strong non-farms payroll data and hawkish comments from US Federal Reserve officials on Friday.
Gold prices slipped on Friday from the previous day's one-month high as the dollar strengthened on a solid U.S. jobs report, while palladium was on track for its largest weekly gain since March on record high U.S. car sales.
Oil rose slightly on Friday on futures buying, ending the week higher, but gains were limited by a strong U.S. dollar and lingering doubts about whether OPEC producers would stick to a deal to cut output.
Sims slams easy route to growthThe economy is suffering because too many Australian companies are taking the ‘‘easy route'' of buying out domestic competitors rather than
December throughput was higher at the state's major north-west ports, with the Pilbara Ports Authority reporting nearly 60.5 million tonnes of cargo passing over its docks in the month, up 12 per cent on the same time in 2015.
The four-week marron fishing season begins this weekend in Western Australia and thousands of people are expected to turn out to dams and rivers to catch the unique freshwater crayfish.
Lithium play Neometals has joined the share register of Sydney-based Estrella Resources, at the same time that company completed its acquisition of Mt Edwards Lithium, which has tenements in Western Australia.
Germany has won its Hopman Cup qualifying match against Great Britain 2-1 today, while in cricket Pakistan trail Australia by 428 runs in their second innings of the Sydney test match, after Australia declared at 2/241.
The federal government will be sticking to its guns on the Roe 8 project, Urban Infrastructure Minister Paul Fletcher affirmed today, saying the $1.2 billion committed by the Commonwealth to the project would not be reallocated.
The Australian share market has eked out a minuscule gain to close higher for the fourth session in a row, with encouraging trade data having little impact.
Two listed investment companies controlled by Euroz Securities will pay out nearly $5 million in half-year dividends, with Westoz Investment Company announcing a 3 cent per share payout for investors while Ozgrowth will distribute 0.25 cents per share.
Perth oil and gas hopeful Po Valley Energy is heading to London, with the company planning to list its Sillaro gas asset in northern Italy on the London Stock Exchange's Alternative Investment Market in a bid to raise up to $3.7 million.
Dreamworld operator Ardent Leisure says revenue at its theme parks dropped 63 per cent following their reopening in the wake of the October ride accident that killed four people on the Gold Coast.
A lift in Western Australia's merchandise exports to China of nearly $700 million from October to November helped Australia record its first trade surplus in three years, but more could be on the way this year.
Gold prices have risen one per cent to a near three-week high as early gains in stocks and other assets perceived as risky gave up gains and investors fled to save-haven bullion.
Oil prices have risen in an up-and-down session, lifted by news that Saudi Arabia had cut production to meet OPEC's agreement to reduce output after prices fell on data showing a surprisingly large increase in US petrol and distillate inventories.
Mid-tier iron ore miner Atlas Iron has repaid $54 million of debt to reduce its term loan to $118 million, amid expectations in will be in a net cash position by the middle of the 2017 calendar year.
The tail end of the tech stock listing boom will continue tomorrow when two companies start trading on the ASX, with one completing its IPO nearly three years after it first announced listing plans and the other completing an RTO in a relatively efficient five months.
Lithium exploration at Forrestania, north of Ravensthorpe, will be a priority for Marindi Metals after the company completed a capital raising worth nearly $3.2 million.
