Gold prices rose more than 1.0 per cent overnight as a report showing weaker-than-expected hiring by US private employers stoked economic fears the day after another report showed weak manufacturing activity in the world's largest economy.
Oil prices fell more than 2.0 per cent overnight after official data showed a rise in US crude inventories, adding to worries about an oversupplied market as weak economic readings in the United States depressed global financial markets.
Mia Davies invoked the memory of US president Teddy Roosevelt to argue for pragmatic and market-based policy decisions at a Business News Policy Briefing today.
ASX-listed property giant Dexus has joined Perth’s flexible office phenomenon, launching a new facility at 240 St Georges Terrace to cater for the changing needs of its tenants.
The University of Western Australia’s 10-year-old Aspire program has worked hard to open the minds of thousands of students from disadvantaged backgrounds to the possibilities offered by tertiary studies.
UPDATED: A three-year trial to boost rock lobster availability in Western Australia is expected to increase visitor expenditure and grow jobs in marine tourism, though the lobster industry has expressed concern over the changes.
Kerman Contracting has been awarded a contract for the design and construction of multiple warehouses and buildings at Albemarle Corporation’s lithium hydroxide production plant in Kemerton.
Decmil and joint venture partner McConnell Dowell have finalised the main works contract for the Mordialloc Freeway project, six months after being selected by Major Roads Projects Victoria as the preferred tenderer.
The Department of Finance has selected 25 businesses for its new common-use arrangement contract to supply food and beverage items to government agencies across Western Australia.
National Australia Bank is set to cop a $1.18 billion hit in its full-year results including an extra $832 million in customer remediation costs related to dodgy insurance and the fees-for-no-service advice scandal.
Mineral Resources has terminated a joint venture agreement with Hexagon Resources, while Independence Group bolstered its JV deal with Buxton Resources.
Oil prices slipped overnight, pressured as weak US economic data dimmed crude's demand outlook while reports of an output decline from the world's largest oil producers in the third quarter kept prices from falling further.
Gold jumped 1.0 per cent overnight, reversing course from earlier in the session when it touched a near two-month low, as the US dollar pared gains after weak US manufacturing data bolstered bets for another interest rate cut by the US Federal Reserve.
A Midvale business which creates simulated injuries for military and emergency services training has bought its United States counterpart as it plans to expand stateside.
Shares in WA mining maintenance contractor Mader Group have traded at a premium to its initial public offering price on its first day on the Australian share market.
The Australian share market has enjoyed its best day in nearly a month following the Reserve Bank's decision to cut the cash rate for a third time this year.
Less than a week after Bunnings admitted to underpaying workers due to payroll error, a second Wesfarmers division has said it discovered a payroll mistake, which has left around 6,000 workers underpaid to a total of $15 million.
Magnis Energy Technologies has unveiled the feasibility study for Australia's first battery manufacturing plant near Townsville, which could put a dent in Western Australia’s ambition to establish the country’s primary battery minerals processing and manufacturing hub.
The Reserve Bank of Australia has cut the cash rate to a new record low of 0.75 per cent, with the board prepared to go even lower if the nation's economy does not respond.
GR Engineering has emerged from an ASX suspension today to disclose that its bottom line will likely be impacted by two major subsidiaries of its client Northern Oil & Gas Australia going into administration last month.
The median price of a house in Perth recorded the largest decline among all state capitals for September, with the slump over the past five years now surpassing 20 per cent, according to the latest CoreLogic data.
Former Buru Energy managing director Keiran Wulff will replace outgoing Oil Search managing director Peter Botten, with the long-serving leader to hand over the reins in February.
Phylogica has announced a commercial collaboration with Lions Eye Institute trading under the name Vision Pharma, bringing the biotechnology company a step closer to commercialising its drug delivery technology.
Iconic Aussie sportswear brand Rip Curl has agreed to be acquired by Kathmandu in a $350 million deal that will create a $1 billion Australasian surfing and outdoor adventure company.
