The Australian share market lifted slightly on Wednesday as investors looked beyond the political impasse over the United States budget and the possibility of a debt default by the US government.
Contractor Ertech has been awarded forward works on the $40 million upgrade of a section of the Great Northern Highway about 200 kilometres north of Perth.
Retail giant Woolworths has appealed to the Western Australian government to deregulate the state's shopping hours, while urging them to repeal laws which regulate what times cigarettes, pantyhose and needles can be sold in petrol stations.
Shares in West Perth-based explorer Segue Resources have soared on the back of Segue's announcement that it will acquire three unlisted companies which each hold tenements in the highly prospective Fraser Range province in the Goldfields.
The proportion of resources sector workers in Western Australia using fly-in, fly-out work practices has increased to 55 per cent, a new study has estimated.
Newcrest Mining has announced the retirement of its chairman Don Mercer and flagged the departure of chief executive Greg Robinson in the second half of next year.
Former trade minister Richard Marles believes a free trade agreement with China could be finalised within months but warns the Abbott government could face internal opposition from the Nationals.
US stocks have sunk and short-term bond yields jumped as the stalemate in Washington over passing a budget and raising the debt ceiling takes a deeper toll on financial markets.
The City of Perth says Premier Colin Barnett is yet to meet with the council to discuss light rail route options, with key stakeholders in the CBD split on the best option for the proposed project.
The Australian Securities Exchange and cash-strapped junior exploration companies are hoping a new stock market tool will encourage investors to get more involved in capital raisings.
When bank deposit rates are less than 3 per cent it’s hard to resist the siren call of an investment opportunity being spruiked at 20 per cent, which is why investors are rushing into residential property – and why many of them will get badly burned.
The Australian share market has closed lower as the political impasse in the United States over the budget and debt ceiling continues to spook investors.
Engineering and construction contractor Monadelphous has won a $150 million contract extension for maintenance works at Chevron's Gorgon liquefied natural gas project, as well as construction work linked to the oil and gas giant's Wheatstone project and new work in Queensland.
New figures show that 12 per cent of homes sold in the three months ending June were sold for less than their purchase price, incurring a total loss of more than $500 million.
After welcoming Chinese investors to the Kimberley region, the Western Australian government is pitching the state's agribusiness opportunities to Vietnam and Thailand.
West Perth-based junior Avanco Resources has secured agreement for a $US12 million royalty-based investment deal with major resources investor BlackRock World Mining Trust.
Explosives and chemicals manufacturer Orica has appointed former Macmahon Holdings managing director Nick Bowen as executive global head, mining services.
A trial involving Gina Rinehart, her children and a multi-billion dollar family trust fund has been delayed for several hours as a new trustee is appointed.
