Gold weakened after hitting more than a seven and a half year high earlier overnight, with investors selling the precious metal along with other asset classes as a global rise in coronavirus cases led a flight to cash.
The Committee for Economic Development of Australia has announced it will cut staff as part of what it is characterising as a broader operational transition.
A slate of planning reforms announced by the state government in May have now passed both houses of parliament, after negotiations with minor parties led to notable changes in how the legislation defines ‘significant' developments.
The Australian share market has closed just slightly higher for a fourth straight day, with investors apparently afraid to push the ASX200 over the 6,000 level.
The administrators of Gascoyne Resources have recommended creditors support the planned deed of company arrangement for the gold miner rather than an 11th hour alternative from China's Hanking Gold Mining.
Students in Western Australia are among those least likely to have been affected by remote learning arrangements during the COVID-19 pandemic, according to a new report from The Grattan Institute.
Calidus Resources is one step closer to commencing its Warrawoona gold project, with the EPA today recommending conditional approval for the prospective Pilbara mine.
More than 6,400 rental assistance agreements for retailers have been processed nationally in recent weeks, with Western Australia accounting for just 6 per cent of that rent relief.
Shares in Red 5 tumbled by 34 per cent today after the goldminer cut its production guidance for the current year and revised its future development plans.
Pacific Energy has announced it will partner with Capricorn Metals to develop a gas-fuelled power station for its Karlawinda gold project in the Pilbara region.
Primewest has unveiled the second stage of its $100 million plan for the City of Joondalup, pushing ahead with an $80 million proposal for a 12,000 square metre office building, with parking for 150 vehicles.
Genesis Minerals has bolstered its Ulysses gold project with the acquisition of the nearby Kookynie project for $13.5 million, enhancing its prospects of joining the ranks of mid-tier gold producers.
Engineering consultancy AIE is one of 273 Western Australian small business suppliers to have benefitted from BHP's local buying program since 2017, with the mining giant spending $38 million in WA through the initiative.
Virgin Australia bondholders have put forward a recapitalisation proposal for the struggling airline, seeking to knock out rival offers from two US private equity firms.
Oil futures slipped overnight as the market braced for reports expected to show swelling US crude inventories, which pulled prices back from the highest levels since before the coronavirus pandemic slammed fuel demand.
Gold prices surged to their highest mark since October 2012 on Tuesday, driven by weakness in the US dollar and widespread monetary stimulus packages by central banks as a jump in coronavirus cases dented the economic outlook.
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.
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.
