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Australian shares have started the week in the red following falls in international markets and dragged down by a sharp loss in BlueScope Steel stocks.

Fortescue Metals has flagged it will sustain higher payouts for shareholders after a rebound in iron prices and lower costs helped it more than double full-year profit.

Tony Abbott will be spending the week far from the dramas of parliament, as a teacher's aide in the Kimberley.

Subsea plan to feed GorgonChevron is considering using a radical new technology known as subsea compression to keep gas flowing to the Gorgon LNG project and avoid a mu

The Australian dollar is up sharply against its US counterpart back above 79 US cents amid a slight rebound in risk appetite following US President Donald Trump's firing of controversial Trump adviser Steve Bannon.

Oil prices have risen sharply, as the dollar fell and US drillers cut rigs, feeding a rally that boosted global benchmark Brent crude to a weekly gain while US crude was virtually flat on the week.

Gold prices have closed little changed after jumping to their highest in more than nine months as the US dollar retreated on political uncertainty in the United States and a suspected Islamist militant attack in Spain boosted bullion's safe-haven appeal.

Innovative affordable housing models have emerged in Fremantle, with three developers pushing the envelope of sustainability and lifestyle.

The share market has closed lower after increased political uncertainty in the US sparked a sharp sell-off on Wall Street and soured global risk appetite.

Local exploration company Top End Minerals, with the backing of prominent prospector Mark Creasy, has received shareholder approval to raise funds for the purchase of a zinc project in Myanmar and repay its creditors, as it deals with a number of issues left unresolved by its previous board.

Fourth-generation commercial building company W Fairweather & Son was named the winner of the Master Builders Association’s Robert Law award at an event in Perth today.

GR Engineering Services has requested its shares be suspended from trading on the ASX while it assesses the impact of Eastern Goldfield’s now-retracted wind-up order, as well as a £7.5 million ($A12.2 million) bond claim notice lodged by Wolf Minerals.

UPDATED: The federal government has declined to provide co-funding for two irrigation projects in Western Australia’s South West that were expected to trigger a total investment of $460 million and create 1,500 jobs, after an expert panel found the WA government did not fully address the assessment criteria.

A dispute over Indian sandalwood producer Santanol Group has pitted 21 Western Australian investors, led by forestry veterans Bob Bunning and Tony Jack, against private equity giant KKR and its local representatives, including Jock Clough and incoming Wesfarmers executive Ed Bostock.

In this Business News podcast Mark Pownall and Mark Beyer discuss South West irrigation schemes, sandalwood, NRW, and Lawleys, plus power and energy.

Film distributor Village Roadshow has won in legal proceedings brought against telco services including Telstra, forcing them to block domain names for services used to illegally download movies and other programs.

Aspiring heavy rare earths miner Northern Minerals has raised $2.5 million from investors to fund ongoing development of its Browns Range project in the Kimberley.

The Australian market has opened sharply lower.

WA’s share of GST ‘in the black’WA’s claims to being shortchanged by the GST system have been undermined by Victorian research that says WA is $25 billion in the black

The Australian dollar has fallen more than half a cent against its US counterpart with the greenback strengthening amid euro weakness following the release of European Central Bank's policy meeting minutes.

Oil prices have risen amid renewed attention on US oil stockpile declines after an industry report suggested oil inventories at the Cushing, Oklahoma hub were dropping.

Gold prices have risen for a second day after Federal Reserve officials hinted that US interest rates could rise more slowly than expected, while palladium has been lifted to a fresh 16-year high by strong industrial metals markets.

The Supreme Court of Western Australia has reversed its decision to wind-up Eastern Goldfields after it was revealed the relevant debt of $383,000 was paid on the same day the winding-up application was lodged.

The Australian share market has posted a modest fall, dragged lower by a massive sell-off of Telstra shares after the telco said it would cut future dividends.

Sheffield Resources has launched an indigenous employment program for its Thunderbird mineral sands project near Derby, as it deals with an appeal by a local Aboriginal group against recent project approvals.

NRW Holdings has reported a profitable 2017 financial year, but has withheld a dividend payout following its acquisition of Golding Group.

PHOTO ESSAY: Work boot company Steel Blue has shown niche, quality-focused manufacturing has a place in Western Australia.

Unemployment in Western Australia is at its lowest level in more than two years, with Treasurer Ben Wyatt saying it was pleasing to see the rise in employment driven by full-time work.

OPINION: In any normal case, efforts to economise and gain efficiencies to best represent your stakeholders would be applauded. So why is that not the case with the proposed merger of some of the nation’s most influential unions?

Potato growers say farmers may be forced to accept a $650,000 reimbursement offer from the Western Australian government over a failed legal battle with Perth's maverick 'Spud King', despite it being less than half of what they are owed.

Andrew Forrest has successfully fended off a company that wanted to mine sand at his family’s pastoral property in the Pilbara, but has lost an appeal against a uranium explorer that plans to mine in the area.

Claremont-based Structural Monitoring Systems has inked an agreement with US airline Delta for the supply and use of its technology.