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If it relies on something coming out of the ground, it's likely to be weighing on the Australian share market, with local gold miners one of the few commodity-based positives for a flat ASX at noon.

PEXA sale windfall for WA

US stocks have fallen with worries about the earnings outlook adding to recent selling pressure, though major indexes ended well off the day's lows as investors snapped up beaten-down shares late i

Oil prices plunged about five per cent overnight to two-month lows as a sell-off in global equity markets raised worries about demand growth and after Saudi Arabia said it could supply more crude quickly if needed, easing concerns ahead of US sanctions on Iran.

Gold rose by a percentage point overnight to its highest level in over three months as the dollar weakened and global stock markets tumbled, with rising political and economic uncertainties adding to bullion's appeal.

Perth does not need to over emphasise economic diversification to revitalise the local economy, but rather embrace its competitive advantages, according to a report released by the Committee for Perth today.

The Australian share market has closed lower again, with energy and materials stocks dragging the ASX back toward last week's six-month low.

Private equity firm BGH Capital and AustralianSuper have returned with another $4.11 billion bid for Healthscope, five months after the private hospitals operator rejected their takeover attempt.

Premier Mark McGowan and StudyPerth chair Rod Jones this morning launched a new strategy to attract international students to Western Australia, with Mr Jones throwing out a challenge to the sector to turn the strategy into action.

Cassini Resources and OZ Minerals have appointed GR Engineering Services to complete an engineering study for their joint venture West Musgrave copper-nickel project in Western Australia.

Advertising agency Marketforce has recruited Jon Amery and Dixie Marshall and partnered with Debra Neve to support the launch of new services.

Tokyo-based Inpex has achieved a significant milestone, with the first shipment of LNG departing the company’s $46 billion Ichthys project at its onshore plant in Darwin.

Litigation funder IMF Bentham has announced plans to raise up to $84.5 million to establish two new funds and pursue growth opportunities in Europe and Asia.

Zenith Energy will incorporate a solar facility in its existing diesel power station at Independence Group’s Nova operation in the Fraser Range, taking capacity to 26 megawatts.

Talison Lithium and Global Advanced Metals have reached an in-principle settlement deal in their legal dispute over expansion plans for the Greenbushes mine.

New Zealand-based investment group Infratil is considering selling its majority stake in local electricity provider Perth Energy, which recently returned to profit after running at a loss for the past three years.

This now-mobile group is a key driver in Perth’s reviving apartments market, making up 65 per cent of buyers.

A series of coding workshops run by Perth{web}Girls has attracted a high level of interest from women in Perth, with nearly 700 registrations for upcoming events.

Australian investors’ appetite for risk in the technology sector has attracted an increasing number of Israeli companies to the local exchange.

A milestone birthday and an overseas holiday sparked two Perth siblings to think outside the box, setting up a gift notes business that’s nudging $1 million in revenue in only its third year of operation.

The Australian share market has edged lower at the open, with energy, financial and healthcare stocks dragging after a choppy overnight session on Wall Street.

Worley rides resources revival with $4.6b bid

US stocks have edged down as early support from a rally in China faded, with lower oil prices and disappointing earnings signals from firms including Halliburton and Hasbro helping pull the market lower.

Oil futures changed little after paring earlier losses, despite Saudi Arabia's pledge to raise crude production to a record high, two weeks before US sanctions potentially choke off Iranian supplies.

Gold prices have slipped, pressured by a rallying dollar and the metal's failure to break above a key technical level.

The environmental watchdog has recommended approval of a second waste-to-energy plant in southern Perth, just days after a Macquarie Capital consortium announced it would start construction this month on a similar facility.

The Channel 7 Telethon Trust achieved another fundraising record over the weekend, raising $38 million for medical research, but its success has not been shared across the charity sector, with Variety WA’s Carols by Candlelight the latest of several events to be cancelled due to a lack of financial support.

Clive Palmer has launched legal action against CITIC over environmental rehabilitation funds for the massive Sino Iron project in WA, just days after his estranged Chinese joint venture partner started separate litigation.

The Australian share market has closed lower, giving up most of last week's gains in a single session.

The Royal Automobile Club of WA has invested in Sydney-based Chargefox’s $15 million rollout of electric vehicle charging stations across Australia, which includes two in Perth.

SPECIAL REPORT: The state’s agriculture sector has been ruffled by falling exports and revenues, coupled with growing animal welfare concerns and international competition.