Oil prices were nearly 2.0 per cent lower overnight after a leak on a key US pipeline disrupted supply flows and on data showing weak factory activity in China.
Gold prices jumped more than 1.0 per cent overnight supported by an interest rate cut by the US Federal Reserve and as uncertainty surrounding a US-China trade deal bolstered the metal's safe-haven appeal.
Planning Minister Rita Saffioti has confirmed the state government will assess whether Finbar Group’s Civic Heart proposal in South Perth should have been approved, while at the same time another planning flashpoint is emerging in Melville.
Shoe retailer Betts Group has returned to profitability after cutting nearly 130 stores in the past two years, and chief executive Danny Breckler is confident the business is now on the right path.
Investors across Australia have backed Primewest’s ambitions to expand its offering via an ASX listing, with the company confirming it has raised its targeted $100 million.
Victoria-based online mediation and arbitration service Immediation will officially launch in Western Australia on November 20, on the back of $1.8 million partially raised from local investors.
A recycling and waste management business led by Bob McKinnon and Tom Rudas has kicked off plans for a stock market listing, with the company hoping to “supercharge” its growth and turn recent loss
Biotech company Phylogica has announced plans to raise $26.8 million through a rights issue, fully underwritten by chairman and major shareholder Alan Tribe, with the proceeds used primarily to fund preclinicial studies for its leading drug molecule.
Cedar Woods Properties has acquired a 43-hectare site in Melbourne’s north for $56.65 million to accommodate a master planned community of more than 500 lots.
Nickel-explorer St George Mining has completed an institutional-led placement to raise $5.8 in funding for its flagship project at Mt Alexander, in the north-eastern Goldfields of Western Australia.
Australia's peak medical group has released its latest annual scorecard on private health insurance and warned the country's private health system is on a "precipice".
Oil prices extended losses overnight after a steep US crude inventory build added to worries about a possible delay in resolving the US-China trade conflict which has hurt global oil demand.
Gold rose overnight on expectations of an interest rate cut by the US Federal Reserve but bullion held a tight range as caution set in with investors awaiting clarity on the central bank's future monetary policy.
Perth-based mining services company Mader Group has recorded annual revenue growth of 46 per cent, to $228.6 million, in its first annual report since listing on the ASX.
The Clean Energy Finance Corporation will receive an extra $1 billion in federal funding for a 'green bank' to invest in pumped hydro power, batteries, and gas energy projects.
Modec International has been selected to build a floating production platform for the Barossa gas project, beating a consortium of Technip and Samsung, with gas to be piped to backfill the Darwin LNG plant.
Bibra Lake-based Aurora Labs has announced plans to raise $4 million through a placement, primarily to accelerate the commercialisation of its 3D printers.
The state government’s stimulus of the apartments sector has been welcomed by industry, but project eligibility and its likely effect on new home builds are being questioned.
Annual inflation inched higher to 1.7 per cent in the September quarter amid signs the lower Australian dollar is helping offset the impact of soft consumer demand.
Woolworths underpaid its employees by as much as $300 million over almost a decade, only discovering it had been keeping the cash when shocked store managers complained they were earning less than their staff.
