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The Australian share market has closed marginally higher after dropping and then rebounding over uncertainty about the status of the US-China trade deal.

Mining contractor Perenti has released a lower full-year earnings guidance, sending its shares down 10 per cent at the ASX open, despite bringing back a $15 million interim payout.

Shares in Western Areas closed up 16 per cent today after the nickel producer released results from its first drill hole at the Sahara prospect, located at the company’s Gawler project in South Australia.

Perth-founded software developer Canva has successfully raised $US60 million ($87 million) from venture capital investors, nearly doubling its valuation to $US6 billion.

Kalamazoo Resources was trading up to 55 per cent higher on the ASX today after announcing the completed purchase of Northern Star Resources’ Ashburton gold project in the Pilbara.

With_Architecture Studio has secured the contract to design a $60 million secondary school in Piara Waters, which will open to year seven students in 2023.

Harvey Norman says it expects full-year profit will be 20 per cent higher, after customers flocked to its Australian stores this year.

Georgiou Group and NRW Contracting are among three consortia shortlisted to widen Mitchell Freeway for southbound road users, with the $76 million project jointly funded by the state and federal governments.

The resources sector has welcomed the federal government’s decision to invest a further $125 million into an exploration program led by Geoscience Australia, which has now been expanded to cover exploration across the country.

Woodside Petroleum has promoted four executives in its leadership team, with Meg O'Neill to be executive vice-president of the merged marketing and developments divisions.

The Australian Securities and Investments Commission is suing the Commonwealth Bank and subsidiary Colonial First State Investments over a banking royal commission finding that the latter paid bank staff to promote a superannuation product to customers.

Woolworths expects full year earnings could be 2.7 per cent lower after it outlined one-off charges worth $591 million for restructuring and staff underpayments and incurs additional costs related to COVID-19.

Shares on the Australian market have climbed in early trade following a positive lead from Wall Street on hopes of more economic stimulus in the US.

WA plays hardball with the AFL

Oil was up 2 per cent overnight on tighter crude supplies from major producers and as coronavirus lockdowns kept easing despite a record rise in cases globally.

Gold prices climbed 1 per cent overnight to hit the highest level in more than a month, as investors took refuge in the safe-haven metal after an uptick in coronavirus cases dampened hopes for a quick economic recovery.

OZ Minerals is set to gain full control of the West Musgrave nickel-copper asset in Western Australia after announcing a friendly takeover of project partner Cassini Resources.

The Australian share market has closed flat after losing ground in the morning, but recovering in the afternoon.

As the state government focuses on streamlining approvals for large-scale apartment projects, some property developers are hoping the ‘missing middle’ won’t be overlooked.

An emerging pipeline of apartment developments could shape a new look for Perth’s western suburbs, but ongoing community consultation will be needed.

Developers are pushing ahead with plans for new projects, hoping recent government initiatives aimed at stimulating the sector will help cushion any further COVID and economic blows.

EHR Resources has launched a $12 million capital raising to fund diamond exploration overseas, while Rumble Resources is raising $6 million to fund its next gold drilling program in Western Australia.

Our Law producer Taryne Laffar has launched her production company, PiNK PEPPER.

The state government will remove more coronavirus-related restrictions this weekend, with limits on mass gatherings eased and major sport and entertainment venues to reopen, though WA's borders will remain closed.

Atlas Iron chief executive Sanjiv Manchanda was among the biggest fundraisers in Australia for this year’s CEO Sleepout, helped by a sizable donation from Atlas' owner, Gina Rinehart.

Construction technology developed in Perth will be used by an Italian contractor after a deal worth up to $1 million was signed last week.

The Housing Industry Association of Australia has forecast a recovery for Western Australia’s home building sector over the next 12 months, following a series of stimulus schemes announced by state and federal governments in recent weeks.

Strandline Resources has secured a major portion of capital costs for its Coburn mineral sands project, with the Northern Australia Infrastructure Facility (NAIF) to provide up to $150 million in funding.

Processing data from the space industry could bring benefits to farmers and emergency services, according to the team from the Pawsey Supercomputing Centre, which has been awarded $1.5 million from the federal government to create a new national space data analysis centre.

Austal will invest up to $US100 million in its Alabama shipyard after securing $US50 million through US defence production laws intended to support the local steel industry.

The widening of parts of Bussell Higway will proceed this year after the project secured funding from the federal and state governments, which also announced new funding agreements and contracts for regional roads and Metronet projects over the weekend.

Wholesale distributor Metcash is benefitting from a continuing growth in sales as customers rediscovered neighbourhood supermarkets during the coronavirus pandemic.