Perth apartment sales have remained surprisingly strong despite widespread reports of a slowdown by developers and real estate agents across the sector.
US oil prices have sunk to their lowest level in more than six years after a surprise currency devaluation in China raised worries about the world's second-biggest economy.
US stocks have fallen sharply after China unexpectedly devalued its currency, as Apple, General Motors and other companies heavily exposed to China dropped.
Gold has risen to a three-week high as global stocks fall, and investors assess the impact of China's nearly two per cent devaluation of its currency and move to prop up its economy.
The Australian share market has closed lower, with the banking sector down ahead of the biggest bank's, the Commonwealth, full year results on Wednesday.
Crown Perth has stamped its claim as the state’s best hotel, taking home a swag of prizes at the Australian Hotels Association’s accommodation industry awards last night.
The state government has replaced Labor’s Priority Start apprenticeship scheme with a new program it says will make it easier for building and construction companies to meet training targets.
A listed company led by Forge Group founder Peter Hutchinson and former AFL footballer James Clement has announced its second acquisition this year, adding Craig Mostyn Group’s food services division to an earlier seafood deal.
Wesfarmers has promoted Rob Scott to managing director of a new industrials division created through the combination of its three non-retail operations.
Mining services group Bradken believes it is well placed for a turnaround in the sector after a major restructure and a full-year loss of $241.3 million.
Mongolia-focused miner Tian Poh Resources has announced plans to buy a thermal coal project from Modun Resources for $US2.21 million ($A3 million) and undertake a capital raising to fund the acquisition.
US stocks have surged as Berkshire Hathaway announced a $US37.2 billion ($A50.2 billion) acquisition of Precision Castparts and petroleum-linked equities rose on higher oil prices.
Big energy companies are fairly well prepared for the next wave of LNG projects coming into production, according to industry executive Keith Spence, but they need to stay focused on training to ensure a good supply of skilled workers is on tap.
Gold has risen per cent to above $US1,100 an ounce, its biggest increase in more than seven weeks, as the US dollar turns lower and comments from Federal Reserve officials raise uncertainty about a September rate rise.
The Minerals Council of Australia has added to the national industrial relations debate today with a report it said showed that levels of union membership were unlinked to the labour force’s share of national income.
National Australia Bank has lifted its quarterly cash profit nine per cent to $1.75 billion after a fall in bad debts offset the impact of tough competition among lenders in Australia.
Tourists may soon get another option for lodging at Rottnest Island, with the state government putting out the call for operators to develop a resort and marina at Thomson Bay.
BHP Billiton has reopened its Rocky’s Reward nickel mine as a contract mining operation, despite several other nickel miners scaling back their projects in response to the sharp slump in the commodity’s price.
Perth-based engineering services company Clough’s joint venture with BAM International has been awarded a contract for work on Woodside Energy’s Karratha gas plant.
A Perth developer and builder recent campaign to attract investors has drawn the ire of the corporate regulator, with the Australian Securities and Investments Commission imposing a fine of more th
