Oil prices steadied overnight as tensions over Iran's nuclear program countered concerns about whether slowing global economic growth would hit oil demand.
Gold prices edged lower overnight as increasing expectations that the US Federal Reserve will not aggressively cut interest rates later this month boosted the US dollar, making gold expensive for holders of other currencies.
Property owners are continuing to feel the brunt of the city’s residential downturn, with the number of Perth house transactions occurring for a loss hitting all-time highs.
Liam and Sarah Atkinson have made what some might say is a rebellious move, taking the plunge and setting up a restaurant in the underperforming Beaufort Street precinct.
Quintis subsidiary Arwon Finance has won a Supreme Court ruling against its former chief executive Frank Wilson requiring him to repay a $13.2 million loan taken out in 2014.
The Australian share market has suffered its worst day in five weeks following a trade row between Japan and South Korea and concerns that the US won't deliver on interest rate cuts.
A significant flow of trade through Fremantle Port will come to a stop later this week as unionised workers strike to oppose automation and outsourcing.
Pantoro has announced it missed production targets for the June quarter, just a month after fellow local gold producers Dacian Gold and Gascoyne Resources announced adverse news to investors.
Prominent building identity Craig Gemmill has called time on 15 years at his namesake company, selling his stake to co-founder John Wilson, but the Gemmill Homes brand will remain active in Western Australian homebuilding.
The son of Navitas founder Rod Jones has been appointed the company's chief executive while former Wesfarmers executive Colin Pavolich has been appointed chief financial officer.
The state government and Activate Perth announced a series of 'coloured activations' this morning, ahead of an upcoming 10-day visit from Manchester United Football Club.
Deutsche Bank has confirmed plans to wind down its Australian equities division as part of a global restructure, but is yet to comment on overall job losses across local operations.
NTM Gold is set to raise up to $3.9 million, while Encounter Resources has raised $1.4 million, as the two juniors seek to advance their exploration projects.
Oil futures rose on Friday as tensions over Iran and an extension to output cuts by OPEC and its allies boosted prices, but mixed economic data limited the rally.
Gold slid as much as two per cent on Friday and was set for its first weekly fall in seven weeks after data showed US. jobs growth rebounded strongly in June, which lowered the likelihood of an interest rate cut by the Federal Reserve this month.
Fortescue Metals Group says it expects to award over $500 million of Eliwana project contracts by the end of year, as construction officially started on the $1.8 billion project today.
APRA has told lenders they can immediately change the way they assess customers' ability to meet mortgage repayments in Australia's new low-interest paradigm.
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Axiom Properties has launched its first Western Australian project since it exited the Port Geographe canals subdivision near Busselton in 2011, acquiring a three-hectare retail site in Butler for $9.6 million.
The former chief executive of the Potato Marketing Corporation and another senior public servant have been slammed by the Corruption and Crime Commission for a consulting arrangement where one allegedly used their position for enrichment at the state's expense.
