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Commonwealth Bank of Australia's shares have hit a record of $90 as expectations build for a Reserve Bank of Australia rate cut next week.

Three consortia have been shortlisted to come up with detailed proposals for Western Australia’s first public private partnership for schools, with the winner to design, build, finance and maintain eight new public schools over 25 years.

Lakeside Joondalup Shopping City has secured another international brand coup, with H&M to open its first Western Australian store at the mall later this year, ahead of an expected CBD outlet f

Pilbara iron ore producer BC Iron is making deeper cost cuts as it weathers a falling iron ore price.

Mid-tier iron ore miner Mineral Resources has criticised port charges after digging into its stockpiles to export 2.8 million tonnes in the December quarter.

Black Range Minerals shares closed on a high today on news it had received a takeover proposal from Canadian-based Western Uranium Corporation for all of the company’s shares.

Strong leads from Wall Street and increasing prospects of an interest rate cut in Australia have driven the local share market higher.

US stocks have pushed higher, rallying after two down days on generally solid corporate earnings and a gain in oil prices.

Oil prices have closed higher after a volatile session that saw the New York price drop below $US44 a barrel for the first time since March 2009.

Gold prices saw their sharpest drop in more than a year Thursday, as investors interpreted the Federal Reserve's comments from a day before to be on the hawkish side, denting the case for owning the precious metal.

The Australian dollar has hit a new five and a half year low, weighed down by growing interest rate cut expectations and a surging US dollar.

Succession remains an issue for the state government, with none of the contenders to take over from Colin Barnett the finished product.

The Water Corporation has announced plans to sell its in-house engineering and construction services team, which has 152 permanent employees.

Southern Cross Electrical Engineering managing director Simon High has announced his impending retirement after spending nearly five years at the helm.

The share market has achieved a sixth straight day of gains as expectations of an interest rate cut grow.

A joint venture between contractors Brierty and Bocol Constructions has won a $69 million contract to upgrade a section of the North West Coastal Highway in the Gascoyne and Pilbara regions.

The Abbott government is failing to fix the budget because it hasn't been honest with the public about why it needs to be fixed, a leading economist says.

Explosives and mining services provider Orica does not know when there could be a significant turnaround in the mining sector.

Metals X is aiming to become one of Western Australia’s biggest gold miners after announcing updated plans to develop its Central Murchison project, with mining to set to commence in July this year.

Plunging commodity prices have knocked Clive Palmer off Australia's top 50 rich list, and slashed the estimated wealth of other mining moguls.

Doray Minerals has refinanced a $55 million debt facility with Westpac to help fund development of its Andy Well stage 2 gold project in the Murchison region of Western Australia.

Fortescue Metals Group surprised investors earlier today with a better-than-expected December quarter production report, but that should not stop speculation that it could be a key player in Western Australia’s deal of the decade.

Shares in Poseidon Nickel have surged after it flagged a major resource upgrade at the recently purchased Lake Johnston nickel project near Norseman.

Australia's vast superannuation pool could be at greater risk if the financial watchdog's access to stored telecommunications data is curtailed, ASIC says.

Shares in Fortescue Metals Group lifted today after it reported an 11 per cent cut in production costs and flagged further reductions. For more on FMG, Tim Treadgold's opinion column (see below) outlines reasons why mining giant BHP Billiton should buy the iron ore miner.

The Australian share market is lower due to struggling commodity prices and weak leads from US and European equity markets.

Wall Street stocks have finished a volatile session sharply lower as worries about the strong US dollar and falling oil prices outweighed some positive earnings reports.

The Australian dollar has backed away from the highs it reached on Wednesday, weighed down by falling iron ore and oil prices.

Oil has tumbled to near a six-year low as US crude stocks soared to a record high, sparking fresh fears over the growing global supply glut.

Not surprisingly, sales activity dipped this week due to the long weekend which based on REIWA’s historic data does not happen when Australia Day falls between Tuesday and Thursday.

Gold futures have pulled lower after the Federal Reserve signalled it would keep interest rates near zero at least until midyear.

Oz Minerals has made the decision to relocate its headquarters from Melbourne to Adelaide, as the South Australian government today announced it would invest $10 million in a new research partnership with the resources company and local universities.