Oil futures inched up overnight as the prospect of mounting tensions in the Middle East hitting global supplies overshadowed an unexpected build in US crude inventories.
Gold steadied on Wednesday as share markets rose but concerns about global economic growth and the US-China trade fight kept the metal supported near a one-month peak.
The South West Development Commission has won a $400,000 contract to deliver the federal government’s Tradestart service in the southern parts of Western Australia.
The Australian share market has bounced back, recouping some of the losses from the previous day amid hopes that a deal was still within reach amid the US-China trade war.
Service providers want immediate action from businesses and government to help people on the streets, who face a shortage of rentals and a lack of social housing.
Wage growth in Western Australia has again come in at the lowest level in the nation in the year to March, prompting UnionsWA to call for workplace reform.
Civmec has reported a sharp fall in quarterly profit to $141,000 after accounting for cost overruns on projects but has also reported strong growth in its order book.
King Street landlords are facing stiff competition to maintain the precinct as Perth’s most exclusive and upmarket retail destination, with Tiffany & Co and Kailis Jewellery to join Louis Vuitton at the redeveloped Raine Square.
Pantoro is set to acquire a 50 per cent stake in the Central Norseman gold project from Norseman Gold in a cash and scrip deal worth $45 million, and will raise $43 million via a share placement to fund the transaction.
Three juniors in the resources sector, including Breaker Resources and Saturn Metals, have raised $12.1 million via share placements, with the funds set to go towards each of their exploratory drilling programs.
The Israel Securities Authority says Israel may expand its dual-listing arrangements to include Australia as it tries to connect with more foreign markets and draw investors to recover trading volumes lost a decade ago.
Oil prices rose more than one per cent overnight after top exporter Saudi Arabia said explosive-laden drones launched by a Yemeni-armed movement had attacked facilities belonging to state oil company Aramco.
Gold retreated from a one-month high hit earlier overnight as stock markets and the US dollar took heart after the United States and China agreed to keep negotiations going to end their prolonged trade conflict.
BHP Group will retain its Nickel West business, with a potential expansion of the company's WA nickel operations likely to generate a higher return, with higher risk, than the Scarborough LNG development.
Treasurer Ben Wyatt’s state budget has delivered a dud for indigenous tourism, with funding slashed by nearly a third despite visitors to the state voicing their desire for authentic Aboriginal experiences.
Property Council of Australia WA executive director Sandra Brewer and Urban Development Institute of Australia WA chief executive Tanya Steinbeck join Damian Stone to discuss the recent state budget, property industry initiatives to promote gender diversity, and whether the property industry has an image problem.
Perth software business Practice Insight, led by patent attorney Thomas Haines, has sold its document management system product suite to a German company.
The state government has selected a newly formed company owned by drink manufacturers Coca-Cola Amatil and Lion to run the state’s container deposit scheme.
Cedar Woods Properties is gearing up to launch its first infill development in Western Australia, after agreeing to acquire a development site in Subiaco for $15 million.
A Canadian company and a New South Wales business have been awarded a $26.9 million contract to manufacture and deliver lotto scratchcard tickets for Lotterywest.
Georgiou Group has been awarded a design and construction contract to upgrade a section of Karel Avenue to a dual carriageway to ease congestion around the Jandakot industrial area.
Andrew Forrest will have an income of nearly $1 billion this financial year after Fortescue Metals Group announced a 60 cent per share final dividend today.
Balcatta based R.J. Vincent and Co has been picked by the state government to demolish the grandstands at Subiaco Oval, with the playing surface to remain for community use.
Automotive Holdings Group has downgraded its profit guidance for 2019 due to weak car sales and the performance of its refrigerated logistics division, a week after it recommended an improved takeover offer from rival auto retailer AP Eagers.
