Oil prices edged off earlier gains to end Tuesday nearly unchanged, as the support from OPEC's plan to limit production were undercut by an energy watchdog's assessment of how much those nations are currently producing.
Gold edged lower on Tuesday, losing its luster as the US Federal Reserve began its two-day meeting during which it is expected to deliver the second U.S. interest rate hike in a decade and provide some insight into its outlook for 2017.
‘Cut tax rate’ to boost older workersA New Zealand-style universal pension system may be unworkable in Australia, but the country should reduce the effective marginal tax
Clive Palmer has won a battle in his ongoing legal fight with Chinese company CITIC Pacific Mining after a Western Australian Supreme Court judge ordered the company to pay him $US10.7 million ($A14.3 million).
Education, research, agribusiness and mining services will be the biggest winners from a recent sister state agreement signed between the state government and the government of Indian state Andhra Pradesh, according to Treasurer Mike Nahan.
New data out today confirms Perth’s residential property market has yet to show signs of a turnaround, but one industry figure says the sector is close to the bottom of the cycle.
Renewable technology company Bombora Wave Power says an independent study has confirmed the viability of its first commercial project, a 60-megawatt wave farm in Portugal, which it says will cost $180 million to develop.
Perth-based NRW Holdings has been contracted to provide more services to Rio Tinto at the mining giant’s Yandi iron ore operation in the Pilbara, in a deal worth $40 million.
Commonwealth Bank of Australia is raising its standard variable rates for investor mortgages by 0.07 per cent following earlier raises to its fixed-rate products.
Oil rose to an 18-month high on Monday after OPEC and some of its rivals reached their first deal since 2001 to jointly reduce output to tackle global oversupply.
Oil rose to an 18-month high on Monday after OPEC and some of its rivals reached their first deal since 2001 to jointly reduce output to tackle global oversupply.
Gold prices sank to their lowest in more than 10 months on Monday, hit by expectations of an increase in US interest rates this week that have boosted US Treasury yields.
The first cargo of concentrate from Independence Group’s Nova nickel mine has been dispatched to Kambalda, with the site’s processing plant to reach nameplate production capacity of 1.5 million tonnes per annum in the middle of next year.
The Australian share market has surrendered most of its early gains to close almost flat in the wake of positive leads from US and European markets and the decision by global oil producers to limit production lifts the energy sector.
Alliance Aviation Services has extended its contract for the provision of its services to Hong Kong-based CITIC Pacific Mining’s Sino Iron project in the Pilbara.
Colin Barnett says the federal government should provide more funding to the state for major infrastructure projects to stem the economic slowdown that has hit since the mining boom ended.
The administrators appointed to Howards Storage World, which has four franchise stores in Perth, say it is too early to identify the reasons for the retailer's financial troubles.
An Aboriginal-owned business that distributes environmentally friendly industrial products has expanded its international reach with the opening of its first jointly-owned store in China.
Monadelphous Group will share in a $430 million contract to deliver the 270 megawatt Sapphire wind farm in NSW through its joint venture with ZEM Energy.
Perth-based Programmed Maintenance Services has won a contract to provide staffing and logistical support services at Shell’s Prelude floating natural gas project in the Browse Basin.
Energy infrastructure company APA Group has entered into an agreement with Synergy for the purchase of power from its Emu Downs solar farm near Cervantes, with construction of the project now set to begin next month.
