Oil prices rose more than $US1 a barrel overnight after news that China and the United States were resuming trade talks ahead of a meeting at the G20 summit later this month, spurring hopes that the two countries would resolve an ongoing trade conflict.
Gold prices pared gains overnight after US President Donald Trump confirmed he would meet with Chinese President Xi Jinping at an international summit, fanning hopes for a quick end to the US-China trade dispute.
The Australian share market has closed broadly higher following the release of board meeting minutes indicating the Reserve Bank is likely to cut interest rates again in the months ahead.
The wages of Australian workers could almost double in real terms by 2060, with manufacturing showing the biggest potential, aided by technology adoption and better management practices, according to a new report.
Cancer-focused medical technology company BARD1 Life Sciences has raised around $7.5 million via a share placement and rights issue, and has appointed two non-executive directors to its board.
Wangara-based Fleetcare has struck a $150 million deal with an undisclosed major Australian bank, which it says will pave the way for additional growth.
Mining services firm Macmahon Holdings has acquired underground mining contractor GBF, which currently has around $266 million worth of work in its order book.
WA Labor’s state executive has backed a motion calling for the expulsion of construction union boss John Setka, albeit by a small margin, and with Premier Mark McGowan using the issue to step up his attack on Maritime Union of Australia boss Christy Cain.
Host Damian Stone sits down with John Nicolaou and Brodie McCulloch to discuss jobs and the changing nature of work in the latest episode of Office Hours, the property podcast of Business News.
Coles shares have hit a new high after the supermarket announced a $1 billion cumulative savings target over four years to compete with new discount grocery market arrivals such as Lidl and Kaufland.
Shaw and Partners has acquired Perth-based financial advisory and planning firm DJ Carmichael, which has approximately $650 million funds under its advice.
Gold prices slipped further overnight after sliding from a more-than-14-month high the previous session on upbeat US economic data that dampened expectations the Federal Reserve could ease interest rates.
Shares in Pilbara Minerals have fallen up to 10 per cent today after June quarter sales from its Pilgangoora project are expected to be lower than originally anticipated, due to construction delays by its offtake partners.
One of the US’s biggest players in commercial property is using Perth as a launchpad to building a presence across Australia and the Asia-Pacific, establishing an alliance with local agency Vicus Property Group to underpin its plan.
Business peak groups have slammed newly minted opposition leader Liza Harvey’s policy shifts on public sector wages, privatising Western Power, and retail trading hours.
SPECIAL REPORT: Local businesses are already winning ongoing defence work as WA positions itself as a sustainment hub. Click through for our list of 25 deals won by WA contractors in the past year.
Wesfarmers subsidiary Evol LNG has secured a six-year deal to supply gas for a 14.5-megawatt power station to be operated by Zenith Energy at the Kirkalocka gold mine.
Prospect Resources has raised $5.2 million via a share placement and share options exercise, with the funds raised to be utilised for general working capital.
