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Rumour and innuendo is causing grief in Australia's renewable energy sector, an industry that craves certainty yet has found little in recent times.

Australian stocks have opened higher following a positive lead from Wall Street on Friday.

US stocks have recovered from an early-week swoon to close the week with net gains, picking up enough momentum mid-week to override Friday's disappointing US jobs report.

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Gold prices have risen as a mixed US employment report forced investors to recalibrate their assumptions about the Federal Reserve's future monetary policy.

The Australian dollar hit a new four-week high after the US posted a solid fall in its unemployment rate.

Paladin Energy has placed its Kayelekera mine in Malawi on care and maintenance, saying operations at the mine are no longer sustainable in light of the depressed uranium market.

Perth businessman Allen Caratti is set to gain control of a forestry investment trust previously held by Elders after the trust's shareholders approved the deal.

Residential builder Mi Constructions Pty Ltd has slipped into administration, with Avior Consulting appointed to liquidate the company’s assets.

Boutique development firm QUBE Property Group says the recent approval of a $20.5 million, seven-storey apartment project in West Leederville is a firm endorsement of the state government’s development assessment panels.

The University of Western Australia has recruited BHP Billiton executive Peter Lilly to head up its ambitious ‘engineering zone’ project, which comes with a likely cost of $250 million.

The Australian sharemarket has closed higher after the central bank lifted its forecasts for economic growth.

The future of RPH as a tertiary hospital is as unclear as when the Liberals ‘prioritised’ the issue before the 2008 election.

Reed Resources has announced a $26 million write-down following the collapse of a potential sale by the administrators of the company's Meekatharra gold project.

Osborne Park-based builder Badge has won a suite of major contracts to kick off 2014, collectively worth around $33 million.

Toll Group has been awarded a $90 million contract to design, construct and operate an offshore logistics base in Darwin for INPEX's Ichthys liquefied natural gas project.

One of Perth’s most notable technology start ups - app developer Filter Squad - is being wound down following a dismal response to its latest development.

Australia's economic growth is expected to pick up pace this year thanks to a lower exchange rate and stronger activity in the housing and retail sectors, according to the latest forecasts from the Reserve Bank of Australia.

Australian stocks have opened higher following strong gains on international markets overnight.

Woodside Petroleum is set to take a 25 per cent stake in the Leviathan gas project off the coast of Israel, under a conditional deal that involves up-front payments of $US1.2 billion.

The directors of US-focused Aurora Oil & Gas have recommended that shareholders accept a $1.84 billion takeover offer from Canadian oil company Baytex Energy.

US stocks have surged amid optimism that the January jobs market report out on Friday will point to firm economic growth.

Joe Hockey won plaudits this month for providing intellectual backbone to the federal government.

Gold futures have eked out a slight gain with some traders reluctant to place large bets on the precious metal ahead of a closely watched reading on US employment.

The Australian dollar is firmer as surprisingly positive trade figures continue to give it a boost.

Vanadium and iron ore miner Atlantic has suspended its shares from trading on the ASX following a fire at its Windimurra operation which it says has caused "comprehensive material damage".

Gascoyne Resources has concluded an agreement with the native claimant group Wajarri Yamatji, enabling the company to progress plans on its 100 per cent owned Glenburgh gold project in the Gascoyne region.

Stockland has selected Probuild as its preferred contractor for the $116 million redevelopment and expansion of its Baldivis shopping centre.

The state government has signed a $2.2 million marketing deal with discount airline Jetstar as it looks to attract more interstate and overseas visitors.

West Perth-based junior Orinoco Gold will tap shareholders for up to $4 million as it works to progress its exploration projects in Brazil.

Australia’s deference to China at a political level does this country no credit.

The share market has bounced back after three straight days of losses, rising by more than one per cent as international investors were encouraged by a rising Australian dollar.