Latest Headlines

Oil producers will be hoping for a third consecutive week of gains as more countries relax lockdowns intended to halt the coronavirus pandemic.

Investor optimism for a reopened economy has prompted gold to ease from its highest price in nearly two weeks.

Australian shares have finished higher, with retailers buoyant after Prime Minister Scott Morrison and the National Cabinet disclosed a roadmap to reopen the country for business.

The National Cabinet has introduced a three-step framework on easing coronavirus restrictions, with states and territories to decide on their own pace. Premier Mark McGowan on Sunday will announce which coronavirus restrictions will be lifted in Western Australia

WA Symphony Orchestra chief executive Mark Coughlan has resigned from the role, 17 months after he stepped up from a non-executive board role to lead the organisation.

Western Power has selected its recently recruited chief financial officer Ed Kalajzic as its new chief executive.

The Australian Renewable Energy Agency (ARENA) has made its latest contribution to the national hydrogen industry with $1.71 million of funding to BP Australia to progress a feasibility study for its proposed renewable hydrogen and ammonia plant in Geraldton.

Gold explorers Great Southern Mining and Fraser Range Metals have launched new capital raisings today, with the proceeds to fund exploration programs in Western Australia and NSW.

PODCAST: Mark Pownall and Mark Beyer discuss markets settle, COVID-19 economic impact and where to next, Perth Airport vs Qantas, Chris Salisbury, El Caballo, Ellenbrook rail line, our great for the state feature on the future of our city, and our special report on mining projects.

Perth Airport has raised the stakes in its ongoing dispute with Qantas, giving the airline until Sunday to either begin negotiating an agreement on its outstanding fees or face expulsion from the airport.

Balcatta-based PS Structures has secured the works to build a multi-storey car park at Mandurah railway station, as part of a $32 million project jointly funded by the state and federal government.

Fraser's Restaurant Group has announced it won't be reopening The Old Brewery on Mounts Bay Road once COVID-19 social distancing restrictions are relaxed, surrendering its tenancy to head lease owners Minderoo Group.

OPINION: The economic fallout of decisions made to combat COVID-19 will play out for years.

The COVID-19 pandemic could spur the development of tech to provide authentic connection instead of superficial engagement.

Macquarie Group has halved its dividend after reporting an 8 per cent drop in full year profit, and said challenging market conditions due to the coronavirus pandemic make it hard to predict its fi

Telstra will take a $300 million impairment charge on its 35 per cent stake in Foxtel after the majority owner of the pay TV network, News Corp, wrote down its value.

Australia will get a three-stage plan for easing coronavirus restrictions with states and territories to change gears at different paces.

Australian shares have posted a solid rise in early trading, with energy and property stocks leading the gains.

Chevron to slash 800 jobs

Oil prices slipped overnight as global supply and demand worries erased earlier gains seen from an increase in Saudi Arabia's official crude selling price and a surprise rise in Chinese exports last month.

Gold jumped 2 per cent overnight after a string of weak economic data, including surging unemployment in the United States, heightened fears over a coronovirus-induced global downturn, while investors turned their attention to nonfarm payrolls for further cues.

The Australian share market has dipped modestly for a second day as oil prices slid, even as a surging trade surplus bolstered the mining sector.

People Diagnostix managing director Jason van Schie says his technology startup should be able to carry on as normal in a month's time, despite undergoing major financial stress in recent weeks.

Businesses in the hospitality, tourism and retail sectors are holding out for COVID-19 restrictions to lift, as a majority of turnaround professionals believe these businesses won’t be able to survive more than three months if the shutdown continues.

Central banks have ditched their traditional caution in attempting to stimulate economies during the COVID-19 pandemic, and an ongoing evolution in thinking about monetary policy helps explain why.

The state government is providing special assistance for universities and local councils. A new scheme has been announced to help the mining industry. Western Australia has reported no new coronavirus infections.

The proposed merger between Vodafone Australia and TPG Telecom has received the green light from the Foreign Investment Review Board, taking it another step closer to completion.

UPDATED: Private equity player Aurenne Group has made a $32 million all-cash takeover offer for ASX-listed Alt Resources, which is developing the Bottle Creek gold mine in Western Australia.

Activate Perth chair and mayoral hopeful Di Bain has penned an open letter to the state government lobbying it to spend up to $130 million raised through Perth CBD’s parking levy as stimulus for the city’s commercial tenants.

St George Mining has launched a new capital raising to secure further funding for its Mt Alexander nickel-copper sulphide project in Western Australia, with the next major drill program to begin this month.

Apollo Consolidated is selling a portion of its interest in two overseas gold projects, with the proceeds to fund drilling and development studies on its Lake Rebecca project in Western Australia.

Western Australian researchers have bred a rare and emerging species of rock oyster, which the state government believes could help grow WA's nascent oyster industry.