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Australian stocks are higher as the market reacts to heightened expectations of an interest rate cut in August.

Advocates for local council mergers are in danger of over-reaching when they talk up the anticipated benefits.

The Australian dollar has held its ground in offshore trade after suffering a big fall on Tuesday.

Plans to build an apartment development at the historic Dalgety Wool Stores building in Fremantle are a step closer with the signing of a $97 million funding deal.

US stocks have closed mostly flat, except for Nasdaq's solid gain, as investors await the outcome of a Federal Reserve monetary policy meeting.

Buckle up.

Business News for Western Australia. Tuesday July 30. Jessica Taylor reports. City councils to merge. Pan Asian snares WD Moore & Co. Keith Gordon resigns from Emeco Holdings and more.

The Australian dollar is lower after Reserve Bank governor Glenn Stevens hinted there could be another cash rate cut next week.

The Australian share market has closed flat after light and lacklustre trading as hints of a cash rate cut next week by the Reserve Bank failed to spark major moves.

Resolute Mining has frozen the pay of its senior management and taken a $70 million hit as weakness in international gold markets continues to hurt miners of the precious metal.

Financial commitment from Asian investors has prompted an east coast-based technology company to reveal plans for a subsea telecommunications cable link from Perth to Singapore.

Australia's top central banker has hinted that interest rates could be cut again to boost business confidence.

Perth-based education services provider Navitas has recorded a modest rise in net profit for the financial year, amid signs the international student market is returning to positive territory.

The property industry has welcomed the state government’s plan to halve the number of metropolitan local government areas, saying larger councils would result in a more robust planning and approval

Approvals for the construction of new homes fell 6.9 per cent across Australia in June, official figures show.

Retail giant Woolworths grew sales by 4.3 per cent to more than $59 billion last financial year.

The Australian share market is slightly lower in early trading as investors await a key economic meeting and the release of data in the United States later this week.

Earthmoving equipment supplier Emeco is searching for a new chief executive after Keith Gordon decided to step down.

Australia may be heading towards softer economic growth with interest rates falling to record lows and resources construction activity expected to peak soon.

I have to admit to being a complete fence sitter when it comes to the issue of local government amalgamation.

The Australian dollar is a third of a US cent lower as traders play it safe ahead of the crucial US Federal Reserve meeting later in the week.

US stocks have fallen ahead of a busy week of economic news that includes a Federal Reserve monetary policy meeting and the monthly jobs report.

The treasurer has a four-stage plan to reform what he calls the 'government business model', and ensure the budget stays in the black.

Gold producer Ramelius Resources has flagged it is likely to record a before-tax loss of approximately $70 million for the financial year, mainly as a result of big write-downs.

Cameco Australia managing director Brian Reilly has been endorsed as president of the Chamber of Minerals and Energy of Western Australia.

CBH Group’s Andrew Crane will lead a new council formed to lift the profile of cooperatives and mutual businesses Australia-wide.

The rating of Australian banks by their business customers has declined sharply over the past five years, with one of the few exceptions being Bank of Queensland.

The Australian share market has outperformed other markets in the Asian region, as strength in the banking sector pushed it higher.

Equipment hire contractor Viento Group has secured a $7 million contract with Rio Tinto for repair works to the Dampier Salt facility at Port Hedland which was damaged over cyclone season.

Health insurer HBF has completed a deal, foreshadowed earlier this year, to purchase and move into one of the new Kings Square office towers, relocating its 600-strong staff from its existing offic

Rio Tinto has agreed to sell its majority stake in a New South Wales copper and gold mine to a Chinese firm.

OZ Minerals says it will take a hit of up to $240 million, largely due to lower copper and gold prices.