Australian shares are trading lower in early trade, with investors wary after a sharp decline in the Chinese markets on Thursday and with Wall Street closed for a public holiday.
US crude has hit a two-year high in thin trade as the shutdown of a major crude pipeline from Canada and a draw on fuel inventories pointed to a tightening market, despite rising output from US producers.
The Australian dollar is higher against its US counterpart which has sustained further losses as investors trim bets on the outlook for US interest rate rises in 2018.
Gold prices have steadied to trade nearly flat after rising nearly one per cent in the previous session as the dollar extended its swoon amid reduced expectations for US interest rate hikes next year.
The state government has approved design alterations to the Swan River pedestrian bridge in an attempt to cut $4 million in construction costs, while also announcing further delays to the bridge’s opening date.
Australian businesses are underprepared for serious data breaches due to a lack of investment and awareness of cyber security, Ernst and Young’s latest global information security survey has found.
Mortgage broker Aussie is bullish on the Western Australian property market, with the national operator aiming to add four new stores and more than 20 brokers in the state over the next two years.
Local developer Sirona Capital has partnered with Singaporean-owned property management company CEL Australia to deliver a new luxury apartment tower in South Perth.
Western Australia was the only state in the country to record an increase in late business payment times for the September quarter, new data has revealed.
Japanese tyre maker Bridgestone opened a $10 million facility in Port Hedland last week that will apply remote sensing and big data to detect wear on the mining fleets and conveyors of its Pilbara customers.
Western Australia's premier food and wine event, Margaret River Gourmet Escape, will be held in its current form for just one more year, with the state government planning a reconfigured event that includes the Swan Valley in 2019.
Automotive Holdings Group has sold its underperforming refrigerated logistics business to Chinese conglomerate HNA Group for an enterprise value of $400 million.
Tech and science leaders say achieving a greater diversity of thought in their fields requires entry and senior roles be made more accessible to women.
The Australian dollar has surged nearly half a cent is back above 76 US cents after the US dollar, along with Wall Street equities, fell following disappointing US durable goods data and the Federal Reserve chief's dovish commentary.
Oil has pared gains after US crude stockpiles fell less than an industry group's expectations, but remained near a two-year high as the shutdown of one of the largest crude pipelines from Canada cut supply to the United States.
Chevron and the University of Western Australia have been recognised for their partnership by the Business Higher Education Round Table (BHERT), having been awarded the 2017 BHERT Outstanding Collaboration in Research and Development Award by the national body.
Speculation about the launch of global retail giant Amazon in Australia is growing following the leak of a company email suggesting it could happen as soon as this week.
The state government has announced a progressive merger of its two land development agencies, LandCorp and the Metropolitan Redevelopment Authority, with the property industry calling for the new agency to retain the planning approvals powers held by the MRA.
Perth company Quantify Technology Holdings has received firm commitments for a $5 million capital raising that will support increased development of the company’s technology.
Directors of Mineral Resources have survived a motion for a spill meeting after a second strike against their remuneration report today, as managing director Chris Ellison stood firm on mining the Jackson5/Bungalbin iron ore deposit.
The husband and a son of renowned burns surgeon Fiona Wood, Tony and Tom Kierath, are seeking to crowdfund $100,000 by mid-December to bring their swallowable weight-loss device, IG Balloon, to market.
Construction work has spiked for a second straight quarter, far outpacing market expectations, but economists suggest the numbers could flatter to deceive.
Gascoyne Resources has raised $21 million through a heavily oversubscribed share placement to fund further exploration and development at two of its Western Australian gold projects.
