Oil prices rallied for their best week in at least five years on Friday, steadying above $US51 a barrel, following OPEC's decision to cut crude output to rein in a global glut that has weighed on prices for more than two years.
eBay steps up push against GSTThe global CEO of eBay, Devin Wenig, has met Prime Minister Malcolm Turnbull and key cabinet ministers to argue against budg
Dacian Gold has again reduced the size of its $50 million placement and put its $100 million entitlement offer on ice, in the wake of the falling gold price which hit a 10-month low overnight.
The share market ended the week with a fall of 1 per cent, with investors cautious ahead of the release of US jobs data and Sunday's Italian constitutional referendum.
Staff at Perth's ageing Princess Margaret Hospital are said to be under strain as maintenance work slows and supplies run low in anticipation of the move to the long-delayed new children's hospital.
The federal government is on the brink of striking a deal with Western Australia to let the state run the National Disability Insurance Scheme locally.
The Arcadia music festival and its giant scrap metal spider landed at Elizabeth Quay last weekend and lit up Perth’s dance scene, but there is more to the fire-breathing robot than meets the eye.
The inaugural Food Rescue Week begins in Perth tomorrow to promote the Food Rescue initiative, with the State Buildings, The Trustee and Lalla Rookh among the venues promoting the cause.
Jetstar will stop automatically adding extras such as travel insurance to its customers' online bookings, as Australia's consumer watchdog looks to prevent travellers from paying unnecessary costs.
Graincorp's biggest shareholder, Archer Daniels Midland, has sold its 19.9 per cent stake in the Australian grain merchant for about $387 million, three years after its failed $3.4 billion takeover bid.
Perth-based financial services provider Pioneer Credit has signed a $100 million debt facility with Bankwest and Westpac as it seeks to continue growing its debt portfolio.
With the cricket season upon us, Business News sat down to lunch at Julio’s with the former Australian cricketer and CEO of the WACA, Christina Matthews.
A sharp decline in technology stocks pulled both the Nasdaq and the S&P 500 indexes into the red on Thursday, while the Dow managed to notch a record closing high with a lift from bank and energy shares.
Gold hit its lowest since February on Thursday, extending losses after its biggest monthly decline in more than three years, as a surge in oil prices boosted bond yields, denting interest in non-yielding gold as an alternative investment.
The Australian dollar is flat against the greenback, which lost ground as oil prices continued to rally on the back of OPEC's agreement to cut oil production.
Oil prices surged 4 per cent on Thursday, with Brent crude at its highest in about 16 months, extending gains after OPEC and Russia agreed to restrict output to reduce the global supply glut more quickly.
Law firm Gadens will trade as Dentons in Perth, Sydney and Port Moresby from this month, but other offices in Gadens’ Australian network are sticking with their established brand.
Western Power sale won’t force prices higher, analysts saySenior analysts and economists have trashed claims the West Australian Liberal government’s Western Power
A South Perth resident group claims a Court of Appeals decision to uphold the quashing of a development approval on Mill Point Road confirms the original intent of the suburb’s town planning scheme, but the developer behind the proposal says the judgement only highlights problems with development guidelines in the area.
Job creation and increased investment in the local industry are among the hoped-for outcomes of Screenwest’s move to new headquarters and planned change in corporate structure.
A particularly stressful week for farmers has come to a relieving end with the Greens today supporting the federal government’s proposed 15 per cent backpacker tax after voting against it yesterday.
The Australian share market has jumped more than 1 per cent, driven by a surge in energy stocks after the world's leading oil producers agreed to cut oil production for the first time in eight years.
Ferry operator Rottnest Express has partnered with Westpac to trial the use of a payment card that's popular with Chinese tourists, for online payment for its services to the tourist hotspot.
Mineral sands minder Iluka Resources says it has agreed with joint venture partner Vale to end plans to develop a titanium project in Brazil after deeming it unfeasible.
Civil and mining contractor NRW Holdings has announced plans to buy the east coast operations of failed mining services company Hughes Drilling, with the acquisition price undisclosed.
From Rottnest Island to the US Virgin Islands, luxury camping, or glamping, is taking off, with a local manufacturer poised to take advantage of soaring global demand for high-end tents.
