Gold rose as U.S. political turmoil, a missile test by North Korea and a worldwide cyber attack fuelled demand for safe-haven assets, while weaker-than-expected U.S. data pushed the dollar lower, making gold cheaper for holders of other currencies.
Oil jumped 2 per cent to its highest in more than three weeks on Monday, topping $US52 a barrel after Saudi Arabia and Russia said that supply cuts need to last into 2018, a step towards extending an OPEC-led deal to support prices for longer than first agreed.
Henry’s bank tax assaultThe federal budget’s bank tax has taken tax policy back to the 1980s, disrupted the governance of the financial system, and perpetuated a dishon
Western Australian farmers are among the most optimistic in the nation, according to the annual Commonwealth Bank of Australia Agi Insights report to be released today, with 39 per cent likely to be investing in their businesses in the year ahead.
Poultry producer Ingham’s Chicken will invest more than $70 million to build a new feed mill near Muchea as part of a plan to grow production volumes in Western Australia.
Perth-based director Andrew Chapman has survived a leadership reshuffle at tech company 1-Page after shareholders voted to keep him on the board but remove co-founder Joanna Riley as a director.
Perth businessman John Langoulant has been appointed to lead the state government’s commission of inquiry into the Barnett government’s spending on 26 projects over the past eight years.
OPINION: Iron ore miners Andrew Forrest and Gina Rinehart, Western Australia’s two richest people, are taking a different approach to growing their other major business interest – beef production.
Southern Cross Electrical Engineering’s recently acquired Sydney-based subsidiary, Heyday5, has been awarded more than $50 million of new contracts to carry out electrical services work on a number of major development projects.
Former Google executive Lee Hunter has been named chief executive of advertising technology company Tech Mpire, succeeding Luke Taylor who will remain with the business in another role.
A set of stained glass panels that depicts historical scenes of Perth city has provided a fundraising window of opportunity for its current owner, the Film and Television Institute of WA.
Good summer crop conditions and record livestock and wool prices have helped agribusiness Elders lift its first-half profit by 56 per cent and flag the resumption of dividend payments this year.
JAK is an app that connects customers with qualified tradespeople. JAK ensures that every supplier is qualified, police cleared and insurance checked. Customers rate the service on completion of the job, and can track the arrival time of and see base rates before they post a job.
Fairfax Media shares have hit their highest level in six years after a consortium led by US-based private equity giant TPG Capital upped its takeover bid by $500 million and widened it to now include the entire company.
The Australian share market has slipped in early trade, as a soft lead from Wall Street trading on Friday and mixed results for commodities weighed on investor sentiment.
Gold rose on Friday and was set to end the week little changed as the sudden sacking of the head of the FBI in the United States stoked investor concerns and boosted demand for bullion, and the U.S. dollar and Treasury yields fell.
Oil prices settled slightly higher on Friday as lower U.S. crude inventories and increasing support for continued OPEC-led production cuts inspired hope that the global supply glut can be reduced.
‘Fairness’ budget gets poll boostThe Turnbull government has received a boost in support and voters have applauded its big tax increases and spending measures, accordin
BHP Billiton will begin dropping the "Billiton" from its name in a process beginning this week, and has signalled a further plan to eventually change its registered name, too.
Diploma Group has been granted a two-week lifeline to finalise its plan to provide a return to creditors of the collapsed building and development firm.
Belgium and Luxembourg have been among the biggest contributors to growing overseas investment in Australia, as the level of foreign-owned assets in Australia doubled in the past 10 years to hit nearly $3.2 trillion at the end of calendar 2016.
The Australian share market has closed around 0.7 per cent lower as the stoush between the Turnbull government and the big banks over a proposed $6.2 billion levy on big financial institutions weighed on investors' minds.
More traditional art forms have taken a back seat as the latest exhibit at the Art Gallery of Western Australia explores the contemporary design and history of pop culture icon – the sneaker.