The Australian dollar is lower as last week's decision not to raise the US Federal Reserve's interest rate begins to be seen as a bad sign for the US economy.
Gold has risen to a near three-week high as the Federal Reserve's decision to leave US interest rates unchanged rattled investors' outlook on the global economy and weighed on equity markets in developed economies.
Pindan has broken ground at TRG Properties' Marina Edge project in Port Coogee after being named the replacement builder for Diploma Group, which backed out of a $38 million development contract on Monday.
Style chairman Peter Hutchinson has boosted his fledgling seafood business with the recruitment of experienced agribusiness executive David Lock as managing director.
Software technology company LiveTiles has had a tough first day of trading on the ASX, after completing a reverse takeover of Perth-based Modun Resources.
"You could drop a nuclear bomb on this parliament and Julie Bishop would crawl out as deputy leader." Labor senator Sam Dastyari's light-hearted joke with journalists was pretty close to the mark.
The militant construction union has agreed to pay up to $9 million to building materials company Boral as part of a "ground breaking" settlement that leaves open the possibility of further payments if the union breaches the deal.
Perth-based homebuilder Summit Homes is seeking to head off a looming shortage of bricklayers by ramping up its capacity to deliver homes using steel-framed and modular building techniques.
Australia's recent poor record in commercialising innovation received a boost late last year with the revival of the federal government's Accelerating Commercialisation program.
The legal fallout from big resources and infrastructure projects continued to mount this week, when Downer terminated its contract on a $1 billion-plus ammonium nitrate plant in the Pilbara.
SeaLink Travel Group is set to become Australia's largest marine tourism and transport company through its acquisition of Transit Systems Marine for $125 million.
The Australian dollar has briefly shot up to a four-week high after the US central bank's decision to keep its interest rate unchanged, before falling away.
World oil prices have dipped as traders weighed a Federal Reserve decision to keep its benchmark interest rate at zero, citing worries about global growth.
Gold has risen to a two-week high after the Federal Reserve said it was holding its benchmark interest rate steady following a two-day policy meeting, sending the US dollar index to a three-week low.
Tech entrepreneur Rob Newman and company director Ian Olson are leading the latest backdoor listing on the ASX, with their spatial data service Pointerra to join the exchange through a reverse takeover of Soil Sub Technologies.
Two prominent Perth businesswomen have moved on to new government roles, with Heather Zampatti named the new chair for Lotterywest, while Libby Lyons has become a director of the national Workplace Gender Equality Agency.
