Oil prices hovered near the highest in three months in thin pre-Christmas trading overnight, buoyed by the previous day's news that US crude inventories declined and as US-China trade tensions continued to ease.
Gold prices held firm overnight as investors awaited further developments on US-Chinese trade while political uncertainty in Washington DC failed to move markets across the board.
The Australian share market has closed lower after positive November jobs data pared the chances of a February interest rate cut and took the gloss off local equities.
Plans are in motion to restart mining at the Ellendale diamond mine, with Gibb River Diamonds accepting a state government offer to apply for new tenements at the Kimberley operation.
Australia’s chief executives have listed digital transformation as their top concern heading into a new decade, according to KMPG’s annual survey of nearly 200 c-suite executives.
Treasurer Ben Wyatt and Community Services Minister Simone McGurk have said the state government will spend up to $60 million in the next four years to ensure community service providers can pay for higher wages now mandated under the Equal Remuneration Order.
Chevron is returning to Australia’s fuel retailing market, through the acquisition of Puma Energy’s network of petrol stations and retail stores in a deal worth $425 million.
Kardinya’s $100 million new town centre is proposed to include a 12-storey apartment building and a redeveloped shopping centre and entertainment precinct, under plans lodged for approval this week.
Western Australia’s new museum will be free of charge for 18 months after its November 2020 opening, with the state government expecting up to 800,000 people to experience the $430 million facility over that time.
A senior bureaucrat accused with two others of Western Australia's biggest public sector theft is behind bars after failing to produce a $1.5 million surety.
Donald Trump has become only the third US president to be impeached as the House of Representatives formally charged him with abuse of power and obstruction of Congress in a historic step that will inflame a deeply divided America.
A surge in part-time work helped the jobless rate tick down to a seasonally adjusted 5.2 per cent in November, but economists still expect another interest rate cut despite the better-than-expected employment figures.
WA consumers are entering 2020 with subdued confidence, according to research from the Chamber of Commerce and Industry of WA, with four out of five consumers surveyed expecting the economy to worsen or stay the same.
ASX200 boards now feature 30 per cent women for the first time ever, according to the Australian Institute of Company Directors, leaving just seven companies in that index without female representation on their board.
Lynas Corp says its project to build a rare earths-processing plant in Kalgoorlie will get assistance on management and coordination of approvals from the WA state government.
Seven West Media has copped a fresh blow as its takeover of Prime Media hit the rocks, with the broadcaster's $40 million sale of its Pacific Magazines titles to rival Bauer Media also in doubt.
Oil prices steadied overnight after US government data showed a decline in crude inventories and on expectations for an uptick in demand next year on the back of progress in resolving the US-China trade row.
Gold dipped overnight, weighed down by a firmer US dollar which found support from mounting expectations the US Federal Reserve will not cut interest rates soon while palladium retreated from record highs.
Perth-based tech startup Ecocentric Energy completed a successful round of equity crowdfunding last week, exceeding its stated minimum target to raise $500,000.
The state government has used today’s mid-year review to tout falling debt levels and a higher surplus, disguising what are otherwise middling projections for GSP and wage growth.
Hong Kong’s Infinity Capital Group will launch a $14 million apartment hotel featuring a Michelin star chef-led rooftop restaurant in Northbridge midway through next year, after the 12-storey project was approved by the City of Perth.
Whitebark Energy has acquired full ownership of its Wizard Lake project, following a successful $5 million capital raising to consolidate and fast track the project’s development.
Planning Minister Rita Saffioti has approved changes to Subiaco’s town planning scheme, with high-density development to be clustered in certain areas and heritage protections for character areas of the near-city suburb.
