Oil prices have retreated after two days of gains as the International Energy Agency predicted that a recent surge in world crude demand was set to end.
The Australian dollar is slightly lower after the US dollar strengthened in overnight trade following the release of better than expected US economic data.
Atlas Iron founder David Flanagan has resumed as the company's managing director, as the iron ore miner announced that its ambitious $180 million capital raising would be priced at just 5 cents per
Companies that have paid fringe benefit taxes as part of flying workers to remote locations may be able to recoup those costs, even retrospectively, following a landmark decision in the Federal Court.
The Western Australian Industrial Relations Commission has raised the state’s minimum wage 2.1 per cent from next month, despite concerns it could hurt an already soft job market.
Construction of the $360 million St John of God Midland Public Hospital has been completed on time and on budget, with Brookfield Multiplex handing the keys to the state government and the hospital operator today.
Claims of a massive cost blowout for Perth's new stadium have been denied by the state government, which says the latest estimate of $1.6 billion simply reflects a different way of presenting the numbers.
Three consortia comprising local and international design firms will compete for the design and construction contract for the new $430 million WA Museum, set to be built at the Perth Cultural Centre.
The unemployment rate across Australia, and especially in Western Australia, has recorded a surprising fall, with the local number affected by a special adjustment by the Australian Bureau of Statistics.
Mining giants BHP Billiton and Rio Tinto have suffered credit rating downgrades but analysts say the move is unlikely to affect the company's ability to borrow.
Pacific Energy has won a contract to build, own and maintain a 14 megawatt power station at Saracen Mineral Holding’s Thunderbox gold project near Leinster for an undisclosed sum.
Australia's corporate watchdog has launched an inquiry into TPG Telecom's planned $1.6 billion takeover of iiNet, after saying the deal may lead to a substantial lessening of competition.
Last week saw a healthy return to sales level seen across May prior to the last long weekend. The 20% increase to 693 puts weekly sales 5% above to the year to date average which now sits at 659.
The Dow has jumped more than 1.3 per cent as a broad-based rally led by technology and banking shares snapped a week of anaemic trade in US equity markets.
Five national businesses have been awarded contracts to continue the roll-out of the National Broadband Network, with project company nbn saying the new performance-based contracts are a marked departure from past practice.
Tony Abbott reckons it's hard to pay a Sydney mortgage, even on a cabinet minister's pay packet, one day after Treasurer Joe Hockey said Sydney housing was affordable and advised potential first home buyers to get "a good job that pays good money".
West Perth-based trucking company CTI Logistics has acquired an unlisted Sydney-based logistics business with national reach, in exchange for a cash and share package worth $27 million.
Listed Perth company AnaeCo has achieved a significant milestone at its waste-to-energy plant in Shenton Park, with Western Power approving its connection to the electricity grid.
