Gold prices dipped on Wednesday as safe-haven buying failed to kick in after the United States withdrew from the Iranian nuclear accord, and as rising US Treasury yields added pressure.
The Australian share market has closed slightly higher as strong gains in oil stocks, following the US exit from the Iran nuclear deal, helped offset a heavy decline in Commonwealth Bank shares.
A former Perth-based insurance broker has been permanently banned from the financial services industry by the corporate watchdog for misleading, deceptive and dishonest conduct.
Fremantle MP Josh Wilson has triggered a third by-election in Western Australia, after resigning today following a High Court ruling that removed Labor senator Katy Gallagher from parliament.
KIN Mining has suspended construction at its $35 million Leonora gold project after a review by Como Engineers confirmed increases in pre-production capital costs.
Commonwealth Bank of Australia says it made a third-quarter cash profit of $2.35 billion, while also agreeing to pay $25 million to settle legal action brought against it by the corporate regulator over bank bill swap rates.
For the first time in its 65-year history, Perth Festival has appointed a home-grown artistic director, Iain Grandage, whose creative vision will be executed across a four-year tenure starting in 2020.
The Small Business Lounge on Mount Hawthorn’s Oxford Street is just the first step for founder Brooke Arnott, who plans to take the advisory concept nation wide.
Black Swan State Theatre Company executive director Natalie Jenkins knows all too well how important diverse revenue streams are for the production of large-scale performances.
Oil prices recouped some losses to end about two per cent lower on Tuesday after President Donald Trump confirmed the US will withdraw from the Iran nuclear deal in a volatile session which saw prices slump as much as four per cent.
The spot gold price is slightly higher following a brief increase on Tuesday after the US dollar backed down from a new 2018 high as worries hovered over the United States' decision to pull out of a key nuclear accord with Iran.
Two by-elections will take place in Western Australia in coming months, after a parliamentary inquiry into scandals involving Darling Range MP Barry Urban recommended his expulsion from parliament.
Spanish-owned contractor Duro Felguera Australia, which is involved in multiple legal disputes arising from its work on big resources projects, has been ordered to set aside $20 million because of concerns it would not be able to pay potential claims.
West Perth-based Rox Resources has announced plans to spin-out its Mt Fisher gold project into a newly established company, Helios Gold, via an initial public offering.
Newcrest Mining has struck a preliminary farm-in deal with ABM Resources in relation to the Nedlands-based company’s Euro gold project in the Northern Territory.
Local contractor MACA has secured nearly $40 million of work, including contracts for Panoramic Resources and Sandfire Resources in Western Australia worth up to $12 million.
Shares in Perth-based Fleetwood Corporation fell nearly 20 per cent today after the RV and accommodation company flagged subdued market conditions for its caravan manufacturing business.
Opinion: The current banking royal commission and global shift to downsizing are raising questions as to whether any institution or business is too big to fail, or at least be broken up.
