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PM wins steel deal from TrumpAustralian steel and aluminium are set to be exempt from harsh US import tariffs after Malcolm Turnbull and Finance Minister Mathias Corman

The Australian dollar is higher against its US counterpart and is back above 76 US cents, even though the US dollar has firmed slightly.

Oil prices have settled nearly three per cent lower as rising US production as OPEC exports hit a 2017 high cast doubt over efforts by producers to curb global oversupply.

Gold has fallen to the lowest in nearly four months after stronger than expected United States jobs data increased the likelihood of another US interest rate increase and the US dollar rose.

The Australian share market fell on Friday, erasing its gains for the week as investors worried that central banks are about to wind back economic stimulus measures.

Shares in Tanzania-focused mining and exploration companies were hit again today after they revealed the full slate of planned legislative changes in the African nation, which include the Tanzanian government giving itself the right to get a 16 per cent stake in mining companies for no cost.

The corporate watchdog has made an example out of Kwickie Investments – which is run by the founder of failed music streaming service Guvera – over the misuse of the ‘sophisticated investor’ status.

Brookfield Property Partners’ 52-storey plan for Elizabeth Quay has been endorsed by the City of Perth, ahead of any formal assessment by the Metropolitan Redevelopment Authority.

National Australia Bank has apologised to at least 150,000 customers for failing to disclose that its advisers were cross-selling the bank's products.

The South Australian government has awarded Elon Musk’s Tesla the contract to build the world's largest lithium ion battery to supply the state with renewable energy, outbidding local company Carnegie Clean Energy.

In this Business News podcast Mark Pownall and Mark Beyer discuss Paladin's collapse, Fastbrick Robotics, Peet and Perron Group, indigenous contracting and this year’s Total Shareholder Return survey.

Mining contractor Barminco will continue providing its services to Western Areas’ Flying Fox and Spotted Quoll nickel mines under a $236 million contract extension.

Mount Gibson Iron has received a further $64.3 million insurance payout from the collapse of a seawall at its Koolan Island iron ore mine in 2014.

The competition watchdog is examining whether a Lachlan Murdoch-Bruce Gordon takeover of Ten Network Holdings will impact the television programming, sports broadcasting and advertising industries.

The Australian share market has started the day lower, as investors follow the lead from Wall Street, where indices ended lower after disappointing data and rising tensions in the Korean peninsula.

Arrium buyer reveals $1b spend on steelworksThe British buyers of the Arrium assets including the Whyalla steelworks intend to spend about $1 billion on the steel plant

The Australian dollar is down against its US counterpart, back below 76 US cents even though the greenback has also fallen after a round of weaker-than-expected US employment data.

Oil futures have settled up slightly, but well off session highs, after a sharp but short-lived boost from a much bigger-than-expected decline in US inventories of crude oil and petrol.

Gold has eased but hovers above the previous session's two-month low as weaker-than-expected private sector payrolls data fed into a more cautious view on the pace of US interest rate hikes this year and Treasury yields firmed.

Olive oil, chocolate, avocados, marron and cider are among a number of Western Australian products that are ideal for local industry to target as premium markets, according to a report commissioned by the Department of Agriculture and food released Thursday night.

A new Perth-based gold and copper-focused exploration company has announced plans to raise up to $6 million by way of an initial public offering and list on the ASX.

The share market has closed slightly weaker as gains by healthcare companies and several miners were offset by falls in the energy and banking sectors.

Sydney-based AGL made its long-awaited entry to the Perth gas market this week, with price cuts and a range of customer incentives underpinning the company’s offering as the sector’s newest player in the domestic gas sector.

Swift Networks has announced the acquisition of a Sydney-based company for $6 million, tapping investors and entering into a debt facility with Bankwest to fund the deal.

Removing Western Australia's Disability Services Commission director-general while changes to the National Disability Insurance Scheme are under way is like sacking a coach before the grand final, the state opposition says.

Former Australian Workers Union official and accused bagman Ralph Blewitt has protested his innocence and claims he is being made the fall guy after facing a Perth court over the alleged embezzlement of more than $400,000.

Mount Gibson Iron has torn up a second offtake agreement with a Chinese customer that had planned to buy product from its Iron Hill mine in the Mid West.

End-of-financial-year specials failed to maintain May's positive tone on new car sales for Western Australia, with numbers for June down 5.5 per cent as the financial year ended with a whimper.

OPINION: A commitment to daily outreach takes little time and has profound long-term benefits.

More than 40,000 square metres of space in suburban office buildings have been vacated during the past 12 months, a result driven more by companies downsizing rather than growth in the number of firms moving to the CBD.

Coca Cola-Amatil has suffered a double blow, losing a contract with Australia's largest pizza chain to its rival and failing to get its latest no sugar offering on the shelves of supermarket giant Woolworths.

Spanish-controlled CIMIC Group has backed away from its former takeover target Macmahon Holdings, selling its 23.6 per cent stake in the Perth company for $46.8 million.