The Australian dollar has surged against its US counterpart, lifting more than a cent to close to 77 US cents, as the greenback falls following the Federal Reserve' interest rate rise.
Oil prices have climbed for the first time in more than a week on a surprise drawdown in US crude inventories and data from the International Energy Agency (IEA) suggesting OPEC cuts could create a crude deficit in the first half of 2017.
Spot gold has rallied more than 1.5 per cent to a one-week high, as the US Federal Reserve calls for gradual monetary tightening after raising interest rates by an expected 25 basis points.
Australian cricket has lost first-class experience after WA skipper Adam Voges, who was one of this year's 40under40 winners, retired from the domestic ranks today.
Iron ore dust in Port Hedland has cost the local economy around $60 million per annum, with an additional $216 million in one-off capital costs, according to a report released today commisoned by a local hotel opposing further expansion of BHP Billiton's port operations.
Western Australia is increasingly appearing on the radar for international visitors, with growth in overseas tourists visiting WA outpacing the national rate.
The share market has staged a late recovery to close in positive territory for a second consecutive session, with the heavyweight mining sector the key area of strength.
ANALYSIS: Freshly recycled Labor MP Alannah MacTiernan has been fast tracked into Premier-elect Mark McGowan’s new cabinet, even though she will not formally start her term in the Legislative Council until mid-May.
Lithium-focused Marquee Resources has closed higher on its ASX debut, after spinning out from Force Commodities and completing a $3.5 million initial public offering.
Australian Vanadium has joined fellow Perth company Carnegie Clean Energy in hoping to help solve South Australia’s energy crisis, today committing to tender to build a battery storage facility in that state.
Banking giant Westpac has been confirmed as the newest tenant for Brookfield Place Tower 2, as one of the city’s newest office towers moves towards full occupancy.
A recent report by professional services firm Deloitte Access Economics suggests retail spending could be slowly picking up in Western Australia, with recent official data finding sales grew 0.3 per cent in January after seasonal adjustment.
The founders of local social enterprise Cat Cafe Purrth are hoping to open two more cafes later this year, thanks to the appeal of the business’s cat, coffee and cake combination.
Engineering contractor Laing O’Rourke has taken 800 of its workers off the $US37 billion Ichthys LNG project in Darwin due to a pay dispute with its Japanese supplier.
ANALYSIS: The failure of Nationals WA leader Brendon Grylls and straight talking Liberal frontbencher Joe Francis to retain their seats is a devastating blow to their parties. But it can only get worse.
PM to demand more gas supplyMalcolm Turnbull will press the nation’s gas giants to ramp up production as a short-term solution to an impending domestic
The Australian dollar is little changed against its US counterpart despite the greenback lifting ahead of the Federal Reserve's decision on whether it will raise its interest rate this month.
Oil has tumbled after OPEC reports a rise in global crude stocks and a surprise output jump from its biggest member, Saudi Arabia, further pressuring prices that have now erased nearly all gains since OPEC announced production cuts in November.
Gold prices are little changed as an expected US interest rate rise boosts the US dollar and weighs on the precious metal, but political risks in Europe provide safe-haven support.
The share market has closed almost flat as a disappointing domestic business confidence survey and Chinese economic data contributed to the loss of early gains.
Doray Minerals co-founder Heath Hellewell has been promoted to the role of executive chairman of gold explorer Capricorn Metals, as the company restructures its board and management positions.
Soaring gas prices on Australia's east coast are making manufacturing difficult or even impossible, the competition watchdog has warned, as a gas 'crisis' puts jobs in brickmaking and other industries at risk.
Two Perth entrepreneurs are looking to clean up in the laundry business with new offerings that bring technology and style to an often thankless household chore.
