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Premier Colin Barnett has revived plans for a university in Midland at the historic Railway Workshops if the Liberals win the March 9 state election.

The central bank will have to cut the cash rate again at some stage given the chronic low levels of business and consumer confidence, a leading business group says.

The City of Fremantle moved a step closer to kicking off works on a $220 million revamp of King’s Square, with the council approving a plan put forward by development group Sirona Capital at a spec

Business confidence in January mostly held on to its gains made in December, helped by a rally in the local sharemarket, a private survey says.

The late Robert Holmes a Court loved what he called “black letter law” - written so tightly by governments that they thought no-one could find a loophole, but which to him was merely a mental puzzle - the sort solved by BHP Billiton as it revved up a 320-tonne Komatsu ore-truck and drove it through the minerals resource rent tax.

Gains by the major banks have pushed the Australian share market toward the 5,000 point level.

 Independent MP Rob Oakeshott feels the Gillard government partly duped him about the design of its mining tax.

US stocks have closed barely lower, with buyers finding little fresh inspiration after last week's five-year highs to offset a fall in energy shares.

Charter Hall Group has acquired the remaining 50 per cent stake it did not already own in grocery wholesaler Metcash's Canning Vale distribution centre for $63.5 million.

Transportable housing manufacturer Fleetwood Corporation says it expects an improved result in the second half of the financial year after confirming soft conditions in its key markets would result

Shares in Bauxite Resources jumped on the ASX today after the Perth-based miner announced the appointment of former Sundance Resources executive Peter Canterbury as chief executive.

The Australian dollar is slightly higher following a quiet day of trading, with Asian markets closed due to the Lunar New Year holidays.

Engineering and construction firm Monadelphous Group has announced a suite of new contracts with a combined value of around $140 million.

The average value of home loans in Western Australia has surpassed $330,000 for the first time, prompting industry claims that the second phase of recovery in Western Australia’s property market is

The Australian share market closed lower, led down by falls in mining-related sectors.

 Australian sheep are still being brutally slaughtered at a livestock market in Kuwait despite complaints to the federal government, an animal welfare group says.

The state government will hold urgent talks to prevent a bus drivers strike after a second gas bus fire.

Drake Resources has announced the appointment of former Phillips River Mining boss Jason Stirbinskis as its new chief executive.

Shares in one of Australia's largest gold companies, Alacer Gold, have shot up after it announced its sale of interests in the Frog’s Leg gold mine near Kalgoorlie for US$171 million ( million).

Oil and gas producer Nexus Energy says it has found the source of a fault that has halted production at its Victorian gas fields for a month but more work is required before output can be resumed.

The Liberal party's highly anticipated light rail plan will cost $1.8 billion and move 25,000 commuters a day.

Tax concessions within Australia's superannuation system are not as generous as those in other countries.

Federation Centres, formerly known as Centro Retail, has sold half stakes in its Mandurah and Halls Head shopping centres as part of a $371.4 million deal with property fund manager ISPT.

Shares in JB Hi-fi have soared by more than 15 per cent after the electronics retailer announced it had lifted its first half profit by three per cent.

Shares in Alkane Resources shot up 14 per cent this morning after the minerals explorer announced it has been granted a mining lease for its Tomingley Gold Project near Dubbo in NSW.

 The Australian stock market has opened flat, with strong gains in consumer discretionary stocks offset by weakness in mining-related sectors.

Opposition to the carbon tax by Western Australia's Labor leader Mark McGowan has been ridiculed by the state's Liberals as electioneering by a "fence sitter".

 The federal opposition says the Prime Minister Julia Gillard and Treasurer Wayne Swan are to blame for a substantial shortfall in mining tax revenue.

Australians are struggling to put money aside, while households are feeling less comfortable after having spent their carbon tax compensation allowances, a survey has found.

The S&P 500 punched to a new five-year high on Friday and the Nasdaq to its best since 2000, as stocks regained footing helped by a sharply narrowed US trade deficit.

Energy giant Chevron has made its twentieth gas discovery off the Western Australian coast in the past two and a half years.

The Australian dollar fell to its lowest level in more than three months after the central bank indicated the door is open for more interest rate cuts.