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Wall Street pushed further into record-high territory, with the S&P 500 notching a seven-session winning streak, helped by a round of robust economic data and ongoing optimism that President Donald Trump will cut corporate taxes.

Budget crisis puts CGT in playThe Turnbull government is planning a crackdown on capital gains tax concessions for property investors to seize the mantle on housing aff

The Australian dollar is higher against its US counterpart and the yen and euro, performing strongly following positive earnings reports.

US crude prices have slipped in choppy trade, even as record high US crude and petrol inventories fed concerns about a glut.

Gold has risen as the dollar comes off its highs, shrugging off earlier pressure from stronger-than-forecast US inflation and retail sales that added to expectations for near-term US interest rate rises.

Iron ore miner Citic Pacific will cop a write down of up to $US1 billion on its Sino Iron magnetite operation in the Pilbara, less than a year after the facility completed commissioning.

UPDATE: A snap inquiry into alleged breaches of environmental conditions at the Roe Highway extension project will be held next week, after a motion introduced to Parliament by Greens Senator Scott Ludlam was today backed by the Senate.

The investment holding company that has bought Perth startup success story SEQTA Software is poised to lead further rationalisation in the education software sector.

Perth mining industry software entrepreneur Norman Pater has put his money where his mouth is, with his private company, Pater Investments, supporting the Greens WA to the tune of $99,500.

ANALYSIS: There has never been a better time to be a voter in the regional port cities of Albany, Bunbury and Geraldton. All are marginal seats and the centre of very close attention from the major parties.

Strong investor demand for financial stocks, thanks to Commonwealth Bank's record first-half profit, has pushed the share market to its highest level since mid-2015.

OPINION: Existing clients are a valuable source of future business.

The WA Liberals have pledged to raise the payroll tax threshold by $50,000 from next year, and have promised not to raise taxes or bring in new ones if re-elected, in contrast with Labor and despite the state's record debt and deficit.

Wyllie Group-backed Viburnum is set to receive a big payout when fintech Rubik Financial, in which it is a substantial shareholder, is acquired by Geneva-based banking and finance software firm Temenos for $68 million.

Building products manufacturer Boral has maintained a solid half-year profit despite cutting 100 jobs in Western Australia last year, following a plunge in sales volumes and earnings at its Boral B

Buyers at Finbar Group’s $400 million Civic Heart project are being refunded their deposits, after the state’s largest apartment developer announced it would scale back the size of the tower because of uncertainty regarding planning rules in South Perth.

Commonwealth Bank of Australia is lifting some of its mortgage rates as it tries to rein in stubbornly high investor lending growth and keep on the right side of the regulator.

Origin Energy has flagged a hit to profitability a day ahead of its half-year earnings, announcing it will take a $1.9 billion impairment charge against the value of some of its major assets, including the Australia Pacific LNG project and its Browse Basin gas fields.

Perth-based NRW Holdings has won a $40 million contract to provide its services to Macmahon Holdings, which is operating at Newcrest Mining’s Telfer gold mine in the Pilbara.

Mike Fitzpatrick has resigned after a 10-year stint as AFL chairman and will be replaced by fellow commissioner Richard Goyder.

Seven West Media appears to have put a value of $16.9 million on The Sunday Times newspaper and Perth Now website, as the publisher and broadcaster posted a sharp drop in first-half net profit and dividends, and sought to direct attention away from its ongoing battle with CEO Tim Worner's former lover.

Wesfarmers is considering a spin-out of its profitable Officeworks business, which contributed to strong earnings growth for the Perth-based conglomerate in the first half alongside Bunnings and Kmart.

The Australia share market has risen sharply, with gains broad based on the back of solid first-half corporate earnings reports.

Morrison shrugs off iron bonusThe federal government will frame a May budget with tax increases or spending cuts to make up for its blocked omnibus bill, despite a pote

US stocks were little changed, with the "Trump rally" pausing ahead of a testimony by Federal Reserve Chair Janet Yellen that will be scrutinised for clues on the timing of the next interest rate hike.

The Australian dollar is lower against its US counterpart which reached a three-week peak against a basket of currencies.

Oil has settled slightly higher, although rising supply from US shale output limits enthusiasm about an OPEC-led effort to cut global output.

Perth-based private utility Water West has received Economic Regulation Authority approval to roll out water recycling at a new land development near Pinjarra.

Saracen Mineral Holdings has entered into an agreement to purchase the Bundarra gold project from Bligh Resources in an all-scrip deal worth $8.5 million.

The Australian share market has lost earlier gains to close lower amid a sell-off in the healthcare sector and weakness from Asian markets.

Environmental services companies could be among the beneficiaries of an ongoing shift in China’s economy from manufacturing to services, according to University of Western Australia lecturer Yanrui Wu.

Tight economic conditions have led the volunteering sector to adapt its practices as demand for services continues to grow.