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Gold has turned higher as the dollar has shifted lower on Wednesday, after minutes from the last US Federal Reserve meeting showed uncertainty among policymakers about the new Trump administration's economic program.

More than 50 home building companies put themselves forward to take on the work in progress of collapsed builder Builton, with JWH Group emerging as the administrators’ top choice.

Elders has announced plans to expand its real estate presence in the South West through the acquisition of Bunbury-based Southern Districts Estate Agency for an undisclosed sum.

Well received earnings reports from Woolworths, Coca-Cola Amatil and private hospital operator Healthscope have helped lift the share market.

ANALYSIS: Why has WA Labor dumped its proposed 50 per cent renewable energy target for the state by 2030, at the same time as the party’s federal leader, Bill Shorten, is promoting the figure as a national goal?

The federal government will oversee the importation of marijuana into the country from overseas until domestic supply ramps up, giving patients easier and quicker access in the interim.

Nickel miner Western Areas has returned to positive territory with a net profit of $516,000 in the six months to December.

With the Perth International Arts Festival under way, Business News caught up with Alex Desebrock to discuss life as a local artist and her latest creation.

Central Queensland University will open its first Western Australian campus at the end of the month in the Perth CBD.

The WA Liberals are talking up their proposed privatisation of Western Power, announcing details of plans to build a new live export loading berth at Kwinana in Perth's south using funds from the partial sale.

Gold miner Doray Minerals says it expects to report a $40 million-$45 million impairment charge against its Andy Well and Deflector gold mines, with the former operation also expected to deliver an operational loss for the financial year.

Dacian Gold has reignited plans to undertake a large equity raising, announcing today a $110 million placement and entitlement offer to fund development of its Mt Morgans gold project near Laverton.

Iron ore miner Fortescue Metals Group has joined larger rival BHP Billiton in forecasting a near-term moderation in iron ore prices, downplaying the rally that has helped it boost profits and lift shareholder payouts.

Woolworths' crucial comparable food sales for the first half have outshone those at fierce rival Coles in a sign that heavy discounting is luring shoppers back.

Woodside Petroleum says it is considering new facilities at Pluto LNG to distribute the fuel in the Pilbara for mining and marine usage, as the company bounced back from large write-downs to post a sharp rebound in profitability for the first half of the 2017 financial year.

Australian shares are flat on the negative side with profit taking in mining and energy stocks and Commonwealth Bank going ex-dividend offsetting some solid corporate results.

BHP roars back with big profitA resurgent BHP Billiton has made nearly three times as much profit in the December half as it made in the entire 2015-16

The Australian dollar is up against its US counterpart despite the greenback moving broadly higher following hawkish comments from Federal Reserve officials, and finding support amid European political uncertainty.

Oil prices are up one per cent after touching three-week highs on OPEC's optimism for greater compliance with its deal with other producers, including Russia, to curb output in an effort to clear a glut that has weighed on the market.

Gold prices have pared losses on weaker-than-expected US economic data, after falling 1 per cent on renewed expectations of an increase in US interest rates next month that pushed the dollar higher.

WA Labor has proposed a repurposing of the existing WA Future Fund into a new $1.1 billion Future Health Research and Innovation Fund that will collect annual interest, if elected next month.

OPINION: Startup accelerators hope to beat the odds on the pathway to success, but the numbers suggest that even the ‘experts’ can’t pick winners.

The share market has edged lower as a flurry of earnings reports resulted in a mixed performance from many sectors.

BHP Billiton has posted a first-half profit of $US3.2 billion ($A4.2 billion) as a rebound in prices for iron ore and petroleum helped the resources giant swing back to profitability.

Local entrepreneur Tim Brewer has joined a cohort of mentors and advisers for a new Perth-based startup accelerator program, Plus Eight, which will begin in March, around the same time Commonwealth Bank of Australia will bring its Pop Up Innovation Lab to town.

Perth-based explorer Australian Mines has announced plans to raise up to $6.3 million from investors to fund ongoing work at its Sconi and Flemington scandium-cobalt projects.

Premier Colin Barnett has called on the federal government to pick a figure for the proposed GST floor, saying he would agree to 70 cents in the dollar as the prime minister has indicated.

ANALYSIS: Malcolm Turnbull was simply bowing to political reality when fending off questions about Western Australia’s miserable share of GST revenue during his whirlwind visit to Perth on Monday.

Gold miner Beadell Resources has rattled the tin for $51 million to pay for plant upgrades and further exploration work at its Tucano mine in Brazil.

Kerry Stokes' Seven Group Holdings has slipped to a half-year loss of $41.8 million due to $145 million of write-downs almost entirely related to the value of its stake in Seven West Media.

Outgoing Wesfarmers boss Richard Goyder has been revealed as successor to Michael Chaney as chairman of energy giant Woodside Petroleum, a week after we was named the next chairman of the AFL.

Engineering firm Monadelphous Group is looking to diversify into new markets such as infrastructure and renewables as revenue from mining and energy customers continues to decline.