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The head of Perth-based Sandfire Resources has sold down a fifth of his stake in the miner, pocketing $6.1 million from the on-market trade.

Telstra is targeting $1 billion-plus in cost savings over the next five years and kicked off a review of its capital needs, amid mounting competition.

ANALYSIS: Green shoots are popping up in WA as improved conditions for iron ore and gold, and strong prospects for the upcoming crop harvest, offer sources for optimism.

Unemployment in Western Australia surged last month, placing it ahead of South Australia as the worst-performing state in October.

Local companies have shared in $35.6 million worth of construction and building contracts for work around the state, including the Perth-based civil and mining division of Watpac Group, which has won a $7.1 million contract for road upgrades at Kalbarri National Park.

Technology company DTI Group has announced plans to raise $11.6 million from investors to bolster its balance sheet and fund development of its products.

Global miner Rio Tinto has sacked two top executives who it sidelined last week over their role in a payments scandal related to the Simandou iron ore project in West Africa.

The Australian share market has slipped in early trade, taking cues from a lower close on Wall Street, as overnight declines in the metals and energy markets weighed down sentiment.

Wall Street has opened lower - a day after the Dow closed higher for the seventh day in a row following Donald Trump's election win - as investors brace for higher interest rates.

The Australian dollar has fallen below 75 US cents after official data showed that wage growth fell to an all-time low.

Oil prices have eased in volatile trading as the market gives more weight to a bigger-than-expected US crude inventory build than Russia's comments about a possible meeting with Saudi Arabia that has renewed hopes for a production freeze deal.

Gold has eased as the US dollar climbs to a 14-year high against a currency basket, extending a week-long rally driven by a surge in Treasury yields after Donald Trump's election to the US presidency.

Trump tax cuts must be matchedThe Coalition has seized on weak wages growth to fire up support for company tax cuts amid warnings from business that Australia must match D

Perth-based Southern Cross Electrical Engineering says its joint venture with Kentech has grown its order book at the Chevron-operated Wheatstone LNG project near Onslow to $60 million.

A local company that produces fused zirconia, which is used to make nuclear fuel rods and furnace linings, is on the hunt for processing opportunities to utilise excess capacity at its Rockingham plant.

Australian shares closed flat as strong gains in energy producers and the big four banks were offset by falls across the resource, health care and consumer discretionary sectors.

Chairman of selectors Rod Marsh has resigned, effective immediately, after Australia's fifth straight Test defeat.

Professional services firm Deloitte has snared its second senior recruit from Accenture's Perth office, hiring Bernadette Cullinane as its national oil and gas practice leader.

Perth’s Startup Weekend is a fertile breeding ground for tech startup founders, and this month’s ninth event shows the strength of the sector in WA.

The head of Australia Post says it took longer than he expected to reform the company's haemorrhaging mail business and reduce its losses, delaying the company's expansion overseas.

Australian workers' preference for job security and shorter hours over pay rises has pushed wage growth to a fresh all-time low.

Artificial intelligence company OpenDNA has wrapped up its first day of trading on the ASX after completing an $8 million initial public offering.

The recently appointed Australian small business and family enterprise ombudsman has launched an inquiry into the payment practices of big businesses and governments across Australia.

Woolworths shares have slipped after it announced retail expert Sally Macdonald's resignation as Big W chief executive after less than a year in the job.

MACA has won a contract to provide its services to Main Roads WA in the Kimberley region, with the work valued at up to $18.4 million.

Poseidon Nickel has landed an agreement for Kidman Resources to use its mothballed Lake Johnston infrastructure to process lithium ore from the Melbourne-based company’s Mt Holland mine, in a deal potentially worth at least $18.5 million.

Retail and mining conglomerate Wesfarmers is considering offloading its east coast coal operations following a doubling of coal prices since June.

The Australian share market has opened higher on the back rising energy shares and with investors seeming slightly more positive about a Trump presidency.

Gold has edged higher, snapping a three-session losing streak, on uncertainty over the economic policies of US President-elect Donald Trump.

The Australian dollar is little changed against its US counterpart as the greenback's post-election rise stalls along with the surge in US bond yields.

Oil prices have jumped six per cent, with US crude notching its biggest daily percentage gain in seven months, on renewed expectations that OPEC will agree in late November to reduce a global supply glut.

US stocks rose on Tuesday, with the Dow registering its fourth consecutive record high close as tech stocks rebounded from a post-election battering and energy stocks were boosted by a sharp rise in oil prices.