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About one in five homes resold in Perth are done so at a loss, new data has revealed, with the city's western suburbs among the hardest hit.

The share market has closed slightly higher after slipping from its early gains.

MMJ Phytotech has announced plans to spin-out its medical cannabis-focused Canadian subsidiaries onto the TSX Venture Exchange through the reverse takeover of a resources company.

A couple of smaller miners that rode out the slide in iron ore prices could be the early movers in a more widespread revival in the sector.

Perth has hosted the head of Lions International for the first time in four decades, with US-based Bob Corlew in town this month to see first-hand the impact of the Lions Foundation of Western Aust

AGL Energy has forecast a lift in underlying profit for the current financial year while also announcing a near $600 million share buy-back and a higher dividend payout as it benefits from strong electricity margins.

Echo Resources and Metaliko Resources are expected to announce a tie-up this week, after the two ASX-listed companies with assets in the eastern Goldfields region announced trading halts today.

Perth-based Broad Construction Services has shared in $10.5 million worth of contracts awarded by the state government.

The state government has locked down a site for a new public secondary school in Perth's western suburbs that will open its doors in 2020.

Perth-based private mining contractor Barminco has posted a 30.7 per cent rise in operating profit for the 2016 financial year, with the company optimistic about prospects in the gold sector for the year ahead.

The Australian share market has opened slightly higher.

Crude oil futures ended the session giving back most of what they gained the previous day.

Gold has fallen as the US dollar and stocks gained ground on the view that Democratic US presidential candidate Hillary Clinton got the better of Republican rival Donald Trump in their first debate, denting the safe-haven appeal of bullion and bonds.

The Australian dollar is slightly weaker against its US counterpart after the greenback rose following the first US presidential debate.

Tourism slams departure tax slugAn angry tourism sector is unhappy the government has increased the departure tax – which already raises $1 billion a year – to help fund a

Engineering business VEEM is forecasting strong growth in revenue in the current financial year but a fall in profit, the family owned company has disclosed in the prospectus for its $25 million initial public offering.

Japanese fashion retailer Uniqlo will open its first Western Australian store in Perth's Murray Street Mall, with a flagship two-level shop anchoring a $6 million redevelopment of Plaza Arcade.

The Australian share market has finished lower, however it did claw back some earlier losses following signs Hillary Clinton may be leading Donald Trump after the first US presidential candidate debate.

Software technology company Veriluma has wrapped up its first day of trading on the ASX, after completing a reverse takeover of Perth-based Parmelia Resources.

Western Australia's hospitality and agricultural industries have welcomed the federal government's decision to amend its planned backpacker tax, but the tourism body says it will cost the state jobs nevertheless.

Disruption is affecting the GST allocation model, so when will that change?

Perth-based Scope Training has been recognised in the WA Training Awards for the second consecutive year, while engineering firm Civmec has also taken a top honour.

Perth-based Crusader Resources has announced a $10 million capital raising to fund ongoing work at its Juruena gold project in Brazil.

Australia's interest rates are likely to stay low for years, perhaps even decades, a top global economist warns.

Two reports last week took quite different approaches to welfare reform, but both were a move away from the approach undertaken in the 2014 budget.

A team of researchers in WA are leading an emerging geoscience field that could influence the future of gold recovery.

A niche skincare products manufacturer has kept all its operations WA based despite its accelerating growth in a global high-end market.

Lithium projects in Western Australia are set to inject almost $1 billion of new investment into the state's economy as the past year's surge in commodity prices and stock valuations turn into tangible commercial benefits.

Gold miner Resolute Mining has tapped investors for $150 million to fund the restart of operations at its Ravenswood mine in Queensland.

The Australian share market has opened lower.

The Australian dollar has gained against the US dollar as investors await the US presidential debate with Republican candidate Donald Trump and Democrats Hilary Clinton.

Oil has settled up three per cent as the world's largest producers gathered in Algeria to discuss ways to support prices, with nervous trade driving volatility to its highest since a similar meeting to freeze output in April in Doha which failed.